Meritage Homes Corporation(MTH)Earnings, Financials & Key Ratios

MTH•NYSE

$64.84

$4.33B mkt cap·10.1× P/E·Price updated May 6, 2026

SectorConsumer Cyclical IndustryHomebuilders Sub-IndustryPublic single-family homebuilders

AboutMeritage Homes Corporation, together with its subsidiaries, designs and builds single-family homes in the United States. The company operates through two segments, Homebuilding and Financial Services. It acquires and develops land; and constructs, markets, and sells homes for first-time and first move-up buyers. The company also offers title insurance and closing/settlement services to its homebuyers. It builds and sells homes in Texas, Arizona, California, Colorado, Florida, North Carolina, South Carolina, Georgia, and Tennessee under the Meritage Homes brand name. Meritage Homes Corporation was founded in 1985 and is based in Scottsdale, Arizona.Show more

Revenue$5.86B-8.4%
EBITDA$563M-42.8%
Net Income$453M-42.4%
EPS (Diluted)6.40-40.3%
Gross Margin19.69%-21.2%
EBITDA Margin9.61%-37.6%
Operating Margin9.18%-38.8%
Net Margin7.73%-37.1%
ROE8.76%-45.6%
ROIC6.61%-51.1%
Debt/Equity0.36+34.4%

Technical→

MTH Key Insights

Meritage Homes Corporation (MTH) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

✓Healthy dividend yield of 2.6%
✓Share count reduced 3.4% through buybacks
✓Healthy 5Y average net margin of 12.4%
✓Trading at only 0.9x book value

✗Weaknesses

✗Low quality earnings: Net income not backed by cash flow

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

MTH Price & Volume

Meritage Homes Corporation (MTH) stock price & volume — 10-year historical chart

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MTH Growth Metrics

Meritage Homes Corporation (MTH) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years8.55%

5 Years5.41%

3 Years-2.36%

TTM-10.63%

Profit CAGR

10 Years13.41%

5 Years1.36%

3 Years-23%

TTM-46.68%

EPS CAGR

10 Years15.27%

5 Years3.08%

3 Years-21.77%

TTM-44.84%

Return on Capital

10 Years14.75%

5 Years18.52%

3 Years13.37%

Last Year7.89%

MTH Recent Earnings

Meritage Homes Corporation (MTH) EPS & revenue vs analyst estimates — last 4 quarters

Full history →

●Beat EPS 8/12 qtrs (67%)●Beat Revenue 8/12 qtrs (67%)

Q2 2026Latest

Apr 22, 2026

EPS

$0.86

Est $0.98

-11.9%

Revenue

$1.1B

Est $1.2B

-5.1%

Q1 2026

Jan 28, 2026

EPS

$1.67

Est $1.55

+7.7%

Revenue

$1.4B

Est $1.5B

-5.5%

Q4 2025

Oct 28, 2025

EPS

$1.39

Est $1.63

-14.7%

Revenue

$1.4B

Est $1.5B

-4.1%

Q3 2025

Jul 23, 2025

EPS

$2.04

Est $1.99

+2.5%

Revenue

$1.6B

Est $1.5B

+10.4%

Quarter	Date	EPS (Act vs Est)	Revenue (Act vs Est)
Q2 2026Latest	Apr 22, 2026	$0.86vs $0.98-11.9%	$1.1Bvs $1.2B-5.1%
Q1 2026	Jan 28, 2026	$1.67vs $1.55+7.7%	$1.4Bvs $1.5B-5.5%
Q4 2025	Oct 28, 2025	$1.39vs $1.63-14.7%	$1.4Bvs $1.5B-4.1%
Q3 2025	Jul 23, 2025	$2.04vs $1.99+2.5%	$1.6Bvs $1.5B+10.4%

Based on last 12 quarters of dataView full earnings history →

Company	Market Cap	Stock Price	P/E Ratio (TTM)	Revenue Growth 1Y	Net Margin	Return on Equity (ROE)	Debt / Equity
DHID.R. Horton, Inc.Direct Competitor	43.21B	149.17	12.89	-6.93%	9.51%	12.94%	0.24
LENLennar CorporationDirect Competitor	19.54B	90.54	11.35	-3.64%	6.09%	9.19%	0.29
PHMPulteGroup, Inc.Direct Competitor	23.08B	120.10	10.80	-3.54%	12.14%	15.92%	0.19
NVRNVR, Inc.Direct Competitor	16.92B	6091.97	13.95	-2.08%	13.17%	34.29%	0.31
TOLToll Brothers, Inc.Direct Competitor	13.42B	141.60	10.50	1.11%	12.28%	16.25%	0.35
KBHKB HomeDirect Competitor	3.14B	49.67	8.08	-10.01%	6.88%	10.8%	0.44
TPHTri Pointe Homes, Inc.Product Competitor	4B	46.95	17.26	-22.75%	5.65%	5.56%	0.39
TMHCTaylor Morrison Home CorporationProduct Competitor	5.64B	60.35	7.77	-0.57%	8.83%	10.84%	0.37

Compare MTH vs Peers

Meritage Homes Corporation (MTH) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs DHI

Most directly comparable listed peer for MTH.

Scale Benchmark

vs SHW

Larger-name benchmark to compare MTH against a more recognizable public peer.

Peer Set

Compare Top 5

vs DHI, LEN, PHM, NVR

MTH Income Statement

Meritage Homes Corporation (MTH) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily

Line item	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25	TTM
Sales/Revenue	3.24B	3.53B	3.67B	4.5B	5.14B	6.29B	6.14B	6.4B	5.86B	5.62B
Revenue Growth %	6.55%	8.87%	3.92%	22.75%	14.22%	22.38%	-2.45%	4.18%	-8.4%	-10.63%
Cost of Goods Sold	2.65B	2.87B	2.96B	3.5B	3.7B	4.49B	4.62B	4.8B	4.69B	4.56B
COGS % of Revenue	81.63%	81.3%	80.71%	77.76%	72.04%	71.35%	75.25%	75.01%	80.04%	-
Gross Profit	595.25M▲ 0%	659.9M▲ 10.9%	707.49M▲ 7.2%	1B▲ 41.5%	1.44B▲ 43.6%	1.8B▲ 25.4%	1.52B▼ 15.7%	1.6B▲ 5.2%	1.15B▼ 27.8%	1.05B▲ 0%
Gross Margin %	18.37%	18.7%	19.29%	22.24%	27.96%	28.65%	24.75%	24.99%	19.69%	18.64%
Gross Profit Growth %	6.88%	10.86%	7.21%	41.47%	43.61%	25.43%	-15.75%	5.22%	-27.82%	-
Operating Expenses	345.69M	380.38M	392.82M	446.92M	466.85M	516.25M	616.63M	639.92M	616.17M	515.85M
OpEx % of Revenue	10.67%	10.78%	10.71%	9.93%	9.08%	8.2%	10.05%	10.01%	10.52%	-
Selling, General & Admin	345.69M	380.38M	392.82M	446.92M	466.85M	516.25M	616.63M	639.92M	211.76M	515.85M
SG&A % of Revenue	10.67%	10.78%	10.71%	9.93%	9.08%	8.2%	10.05%	10.01%	3.62%	-
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	0	0	0	0	0	0	0	0	404.4M	0
Operating Income	249.57M▲ 0%	279.52M▲ 12.0%	314.67M▲ 12.6%	553.98M▲ 76.0%	970.58M▲ 75.2%	1.29B▲ 32.6%	902.39M▼ 29.9%	958.35M▲ 6.2%	537.48M▼ 43.9%	453.98M▲ 0%
Operating Margin %	7.7%	7.92%	8.58%	12.31%	18.88%	20.45%	14.7%	14.99%	9.18%	8.08%
Operating Income Growth %	14.47%	12%	12.58%	76.05%	75.2%	32.57%	-29.87%	6.2%	-43.92%	-
EBITDA	266.27M	306.49M	342.6M	585.03M	996.82M	1.31B	927.72M	984.3M	562.76M	478.69M
EBITDA Margin %	8.22%	8.69%	9.34%	13%	19.39%	20.84%	15.11%	15.39%	9.61%	8.52%
EBITDA Growth %	13.79%	15.1%	11.78%	70.76%	70.39%	31.56%	-29.26%	6.1%	-42.83%	-47.39%
D&A (Non-Cash Add-back)	16.7M	26.97M	27.92M	31.05M	26.25M	24.75M	25.33M	25.96M	25.29M	24.71M
EBIT	249.57M	279.52M	314.67M	553.98M	970.58M	1.29B	902.39M	958.35M	537.48M	478.9M
Net Interest Income	-3.85M	-785K	-8.37M	-2.18M	-318K	-41K	0	0	0	-587K
Interest Income	0	0	0	0	0	0	0	0	0	0
Interest Expense	3.85M	785K	8.37M	2.18M	318K	41K	0	0	0	587K
Other Income/Expense	-2.05M	3.73M	-11.73M	-20.41M	-15.74M	2.67M	47.04M	44.52M	47.12M	42.99M
Pretax Income	247.52M▲ 0%	283.25M▲ 14.4%	302.94M▲ 7.0%	533.57M▲ 76.1%	954.83M▲ 79.0%	1.29B▲ 35.0%	949.43M▼ 26.4%	1B▲ 5.6%	584.6M▼ 41.7%	496.96M▲ 0%
Pretax Margin %	7.64%	8.03%	8.26%	11.85%	18.57%	20.49%	15.47%	15.68%	9.98%	8.85%
Income Tax	104.26M	55.92M	53.28M	110.09M	217.39M	297.13M	210.68M	216.68M	131.59M	111.45M
Effective Tax Rate %	42.12%	19.74%	17.59%	20.63%	22.77%	23.05%	22.19%	21.61%	22.51%	22.43%
Net Income	143.25M▲ 0%	227.33M▲ 58.7%	249.66M▲ 9.8%	423.48M▲ 69.6%	737.44M▲ 74.1%	992.19M▲ 34.5%	738.75M▼ 25.5%	786.19M▲ 6.4%	453.01M▼ 42.4%	385.52M▲ 0%
Net Margin %	4.42%	6.44%	6.81%	9.41%	14.34%	15.77%	12.04%	12.29%	7.73%	6.86%
Net Income Growth %	-4.2%	58.69%	9.82%	69.62%	74.14%	34.54%	-25.54%	6.42%	-42.38%	-46.68%
Net Income (Continuing)	143.25M	227.33M	249.66M	423.48M	737.44M	992.19M	738.75M	786.19M	453.01M	385.52M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)	1.71▲ 0%	2.79▲ 63.6%	3.21▲ 15.1%	5.50▲ 71.3%	9.65▲ 75.5%	13.37▲ 38.5%	9.97▼ 25.4%	10.72▲ 7.5%	6.40▼ 40.3%	5.72▲ 0%
EPS Growth %	-3.94%	63.64%	15.05%	71.34%	75.45%	38.55%	-25.43%	7.52%	-40.3%	-44.84%
EPS (Basic)	1.78	2.84	3.28	5.62	9.81	13.52	10.09	10.85	6.40	-
Diluted Shares Outstanding	84.46M	81.46M	77.78M	76.97M	76.47M	74.2M	74.14M	73.33M	70.82M	67.37M
Basic Shares Outstanding	80.57M	80.21M	76.2M	75.44M	75.22M	73.39M	73.24M	72.48M	70.82M	67.37M
Dividend Payout Ratio	-	-	-	-	-	-	5.35%	13.81%	26.73%	-

MTH Balance Sheet

Meritage Homes Corporation (MTH) balance sheet — assets, liabilities & shareholders' equity

Line item	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25	TTM
Total Current Assets	3.04B	3.18B	458.86M	3.68B	4.6B	5.51B	6.02B	6.83B	7.24B	1.05B
Cash & Short-Term Investments	170.75M	311.47M	319.47M	745.62M	618.34M	861.56M	921.23M	651.55M	775.16M	766.63M
Cash Only	170.75M	311.47M	319.47M	745.62M	618.34M	861.56M	921.23M	651.55M	775.16M	766.63M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	79.32M	77.28M	88.49M	98.57M	147.55M	215.02M	266.97M	256.28M	306.96M	280.92M
Days Sales Outstanding	8.93	7.99	8.81	7.99	10.47	12.47	15.88	14.63	19.13	19.18
Inventory	2.73B	2.74B	2.74B	2.78B	3.83B	4.36B	4.72B	5.73B	6.16B	6.13B
Days Inventory Outstanding	376.82	348.96	338.47	289.68	377.73	354.35	373.06	435.92	479.68	488.2
Other Current Assets	35.86M	0	-2.74B	0	0	0	0	0	0	-6.13B
Total Non-Current Assets	209.87M	182.7M	2.94B	182.63M	219.45M	260.53M	332.28M	333.64M	409.2M	317.98M
Property, Plant & Equipment	33.63M	54.6M	50.61M	38.93M	58.38M	38.63M	48.95M	47.28M	103.63M	46.06M
Fixed Asset Turnover	96.37x	64.63x	72.46x	115.61x	88.07x	162.86x	125.39x	135.24x	56.52x	92.03x
Goodwill	32.96M	32.96M	0	0	32.96M	32.96M	32.96M	32.96M	32.96M	220.71M
Intangible Assets	0	0	0	0	0	0	0	0	0	0
Long-Term Investments	17.07M	17.48M	4.44M	4.35M	5.76M	11.75M	17.17M	28.73M	57.27M	198.42M
Other Non-Current Assets	91.05M	51.19M	2.86B	103.31M	70.78M	131.73M	185.62M	170.13M	131.73M	469.61M
Total Assets	3.25B▲ 0%	3.37B▲ 3.5%	3.4B▲ 1.0%	3.86B▲ 13.7%	4.82B▲ 24.7%	5.77B▲ 19.8%	6.35B▲ 10.1%	7.16B▲ 12.7%	7.65B▲ 6.8%	7.55B▲ 0%
Asset Turnover	1.00x	1.05x	1.08x	1.16x	1.07x	1.09x	0.97x	0.89x	0.77x	0.73x
Asset Growth %	12.55%	3.51%	0.97%	13.72%	24.69%	19.79%	10.07%	12.74%	6.84%	26.19%
Total Current Liabilities	355.65M	334.67M	349.03M	444.45M	543.46M	613.49M	641.62M	596.68M	597.59M	199.94M
Accounts Payable	140.52M	128.17M	155.02M	175.25M	216.01M	273.27M	271.65M	212.48M	200.68M	199.94M
Days Payables Outstanding	19.39	16.31	19.12	18.27	21.29	22.22	21.47	16.17	15.62	17.22
Short-Term Debt	0	0	0	0	0	0	0	0	60.47M	0
Deferred Revenue (Current)	34.06M	28.64M	24.25M	25.07M	42.61M	37.96M	36.6M	20.51M	0	20.37M
Other Current Liabilities	-177.74M	138.74M	-34.23M	-28.25M	0	0	0	0	223.65M	0
Current Ratio	8.55x	9.51x	1.31x	8.28x	8.46x	8.98x	9.38x	11.44x	12.12x	12.12x
Quick Ratio	0.87x	1.32x	-6.55x	2.03x	1.41x	1.88x	2.03x	1.84x	1.81x	1.81x
Cash Conversion Cycle	366.36	340.65	328.16	279.4	366.92	344.6	367.47	434.38	483.19	490.15
Total Non-Current Liabilities	1.32B	1.31B	1.08B	1.07B	1.22B	1.21B	1.1B	1.42B	1.86B	2.26B
Long-Term Debt	1.28B	1.31B	1.02B	1.02B	1.16B	1.15B	1.01B	1.34B	1.83B	1.81B
Capital Lease Obligations	0	0	34.23M	28.25M	26.17M	22.78M	54.04M	55.83M	0	118.12M
Deferred Tax Liabilities	-34.06M	-1.18B	0	0	0	0	0	0	30.31M	30.31M
Other Non-Current Liabilities	250.11M	206.5M	-2.23M	-1.33M	33.47M	35.58M	37.36M	32.69M	0	522.54M
Total Liabilities	1.67B	1.64B	1.42B	1.52B	1.76B	1.82B	1.74B	2.02B	2.46B	2.46B
Total Debt	1.28B	1.31B	1.09B	1.08B	1.19B	1.17B	1.06B	1.39B	1.89B	1.81B
Net Debt	1.11B	998.59M	767.98M	330.97M	567.87M	311.87M	141.03M	740.15M	1.11B	1.04B
Debt / Equity	0.81x	0.76x	0.55x	0.46x	0.39x	0.30x	0.23x	0.27x	0.36x	0.36x
Debt / EBITDA	4.82x	4.27x	3.17x	1.84x	1.19x	0.89x	1.15x	1.41x	3.36x	3.77x
Net Debt / EBITDA	4.18x	3.26x	2.24x	0.57x	0.57x	0.24x	0.15x	0.75x	1.98x	1.98x
Interest Coverage	64.77x	356.08x	37.60x	254.47x	3052.13x	31381.59x	-	-	-	815.85x
Total Equity	1.58B▲ 0%	1.72B▲ 9.1%	1.97B▲ 14.7%	2.35B▲ 18.9%	3.04B▲ 29.7%	3.95B▲ 29.7%	4.61B▲ 16.8%	5.14B▲ 11.5%	5.2B▲ 1.1%	5.09B▲ 0%
Equity Growth %	10.93%	9.13%	14.72%	18.94%	29.67%	29.73%	16.77%	11.48%	1.05%	12.15%
Book Value per Share	18.67	21.12	25.38	30.50	39.81	53.23	62.21	70.11	73.37	75.61
Total Shareholders' Equity	1.58B	1.72B	1.97B	2.35B	3.04B	3.95B	4.61B	5.14B	5.2B	5.09B
Common Stock	403K	381K	382K	375K	373K	366K	364K	360K	682K	667K
Retained Earnings	991.84M	1.22B	1.47B	1.89B	2.63B	3.62B	4.32B	5B	5.19B	5.09B
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	-57.16M	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0

MTH Cash Flow Statement

Meritage Homes Corporation (MTH) cash flow — operating, investing & free cash flow history

Line item	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25	TTM
Cash from Operations	-87.13M	262.2M	346.82M	530.36M	-152.09M	405.27M	355.57M	-227.58M	118.29M	118.29M
Operating CF Margin %	-2.69%	7.43%	9.46%	11.78%	-2.96%	6.44%	5.79%	-3.56%	2.02%	-
Operating CF Growth %	15.73%	400.92%	32.27%	52.92%	-128.68%	366.46%	-12.26%	-164%	151.98%	789.4%
Net Income	143.25M	227.33M	249.66M	423.48M	737.44M	992.19M	738.75M	786.19M	453.01M	385.52M
Depreciation & Amortization	16.7M	26.97M	27.92M	31.05M	26.25M	24.75M	25.33M	25.96M	25.29M	24.71M
Stock-Based Compensation	12.06M	17.17M	19.61M	20M	20.07M	22.33M	22.51M	25.81M	19.68M	14.31M
Deferred Taxes	19.69M	-2.74M	7.13M	-902K	18.48M	0	0	0	0	0
Other Non-Cash Items	5.23M	15.66M	9.27M	14.41M	-2.91M	10.67M	5.44M	13.33M	59M	67.91M
Working Capital Changes	-284.06M	-22.18M	33.23M	42.33M	-951.42M	-644.67M	-436.46M	-1.08B	-438.69M	-230.28M
Change in Receivables	-17.77M	3.04M	-42.65M	-88.94M	-65.11M	-102.95M	-64.17M	39.78M	0	-40.2M
Change in Inventory	-301.48M	-19.43M	3.62M	-40.09M	-948.05M	-624.52M	-319.91M	-881.81M	-257.04M	-191.36M
Change in Payables	8.13M	-376K	42.65M	88.94M	948.05M	76.98M	22.61M	-41.93M	-92.37M	-90.32M
Cash from Investing	-17.07M	-33.53M	-13.49M	-18.23M	-26.82M	-32.29M	-43.62M	-44.07M	-57.7M	-54.02M
Capital Expenditures	-18.1M	-33.41M	-24.39M	-19.93M	-25.66M	-26.97M	-38.19M	-28.66M	-25.72M	-24.44M
CapEx % of Revenue	0.56%	0.95%	0.66%	0.44%	0.5%	0.43%	0.62%	0.45%	0.44%	-
Acquisitions	-670K	-808K	-1.11M	-5K	-1.71M	-5.8M	-5.99M	-18.55M	0	-11.54M
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	1.69M	696K	12.01M	1.7M	551K	481K	560K	3.13M	-31.98M	-3.37M
Cash from Financing	143.25M	-87.95M	-325.33M	-85.97M	51.63M	-129.76M	-252.28M	1.98M	63.01M	-453.18M
Debt Issued (Net)	147.34M	12.05M	-309.3M	-16.38M	118.72M	-20.45M	-153.68M	315.37M	479.08M	-10.92M
Equity Issued (Net)	0	-100M	-16.04M	-69.59M	-60.99M	-109.3M	-59.07M	-125.93M	-295M	-380M
Dividends Paid	0	0	0	0	0	0	-39.53M	-108.59M	-121.07M	-122.2M
Share Repurchases	0	-100M	-16.04M	-69.59M	-60.99M	-109.3M	-59.07M	-125.93M	-295M	-380M
Other Financing	-4.09M	0	0	0	-6.1M	0	0	-78.87M	0	59.95M
Net Change in Cash	39.04M▲ 0%	140.72M▲ 260.4%	8M▼ 94.3%	426.15M▲ 5226.9%	-127.29M▼ 129.9%	243.23M▲ 291.1%	59.67M▼ 75.5%	-269.67M▼ 552.0%	123.6M▲ 145.8%	-245.02M▲ 0%
Free Cash Flow	-105.23M▲ 0%	228.78M▲ 317.4%	322.44M▲ 40.9%	510.43M▲ 58.3%	-177.76M▼ 134.8%	378.3M▲ 312.8%	317.38M▼ 16.1%	-256.23M▼ 180.7%	92.57M▲ 136.1%	237.74M▲ 0%
FCF Margin %	-3.25%	6.48%	8.79%	11.34%	-3.46%	6.01%	5.17%	-4.01%	1.58%	4.23%
FCF Growth %	12.36%	317.42%	40.93%	58.3%	-134.82%	312.82%	-16.1%	-180.73%	136.13%	162.55%
FCF per Share	-1.25	2.81	4.15	6.63	-2.32	5.10	4.28	-3.49	1.31	1.31
FCF Conversion (FCF/Net Income)	-0.61x	1.15x	1.39x	1.25x	-0.21x	0.41x	0.48x	-0.29x	0.26x	0.62x
Interest Paid	0	0	0	355K	0	2.28M	1.45M	0	0	4.91M
Taxes Paid	0	0	64.66M	84.74M	221.1M	311.73M	211.25M	207.61M	0	90.91M

MTH Key Ratios

Meritage Homes Corporation (MTH) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric	2017	2018	2019	2020	2021	2022	2023	2024	2025	TTM
Return on Equity (ROE)	9.56%	13.79%	13.51%	19.6%	27.35%	28.37%	17.26%	16.12%	8.76%	7.4%
Return on Invested Capital (ROIC)	7.33%	7.75%	8.64%	15.33%	23.14%	24.51%	15.02%	13.52%	6.61%	6.61%
Gross Margin	18.37%	18.7%	19.29%	22.24%	27.96%	28.65%	24.75%	24.99%	19.69%	18.64%
Net Margin	4.42%	6.44%	6.81%	9.41%	14.34%	15.77%	12.04%	12.29%	7.73%	6.86%
Debt / Equity	0.81x	0.76x	0.55x	0.46x	0.39x	0.30x	0.23x	0.27x	0.36x	0.36x
Interest Coverage	64.77x	356.08x	37.60x	254.47x	3052.13x	31381.59x	-	-	-	815.85x
FCF Conversion	-0.61x	1.15x	1.39x	1.25x	-0.21x	0.41x	0.48x	-0.29x	0.26x	0.62x
Revenue Growth	6.55%	8.87%	3.92%	22.75%	14.22%	22.38%	-2.45%	4.18%	-8.4%	-10.63%

MTH SEC Filings & Documents

Meritage Homes Corporation (MTH) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

Material company update

Apr 22, 2026·SEC

Material company update

Mar 26, 2026·SEC

Material company update

Feb 19, 2026·SEC

10-K Annual Reports

FY 2026

Feb 13, 2026·SEC

FY 2025

Feb 20, 2025·SEC

FY 2024

Feb 14, 2024·SEC

10-Q Quarterly Reports

FY 2026

Apr 24, 2026·SEC

FY 2025

Oct 31, 2025·SEC

FY 2025

Jul 25, 2025·SEC

MTH Frequently Asked Questions

Meritage Homes Corporation (MTH) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Meritage Homes Corporation (MTH) reported $5.62B in revenue for fiscal year 2025. This represents a 255210% increase from $2.2M in 1996.

Meritage Homes Corporation (MTH) saw revenue decline by 8.4% over the past year.

Yes, Meritage Homes Corporation (MTH) is profitable, generating $385.5M in net income for fiscal year 2025 (7.7% net margin).

Dividend & Returns

Yes, Meritage Homes Corporation (MTH) pays a dividend with a yield of 2.64%. This makes it attractive for income-focused investors.

Meritage Homes Corporation (MTH) has a return on equity (ROE) of 8.8%. This is below average, suggesting room for improvement.

Meritage Homes Corporation (MTH) generated $237.7M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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