Meritage Homes Corporatio... (MTH)

AI Score

Unlock

68.02

3.50 (5.42%)

At close: Apr 22, 2025, 12:07 PM

Meritage Homes Income Statement

Financials in USD. Fiscal year is January - December.

Fiscal Year	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021	Q2 2021	Q1 2021	Q4 2020	Q3 2020	Q2 2020	Q1 2020	Q4 2019	Q3 2019	Q2 2019	Q1 2019	Q4 2018	Q3 2018	Q2 2018	Q1 2018	Q4 2017	Q3 2017	Q2 2017	Q1 2017	Q4 2016	Q3 2016	Q2 2016	Q1 2016
Period Ending	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019	Dec 31, 2018	Sep 30, 2018	Jun 30, 2018	Mar 31, 2018	Dec 31, 2017	Sep 30, 2017	Jun 30, 2017	Mar 31, 2017	Dec 31, 2016	Sep 30, 2016	Jun 30, 2016	Mar 31, 2016
Revenue	6.38B	6.43B	6.46B	6.33B	6.14B	6.48B	6.44B	6.29B	6.3B	5.8B	5.48B	5.35B	5.15B	5.06B	4.94B	4.69B	4.51B	4.23B	4.04B	3.87B	3.68B	3.55B	3.5B	3.51B	3.54B	3.48B	3.4B	3.32B	3.25B	3.19B	3.14B	3.13B	3.06B	2.96B	2.87B	2.67B
Cost of Revenue	4.78B	4.78B	4.77B	4.71B	4.62B	4.87B	4.82B	4.59B	4.5B	4.07B	3.83B	3.79B	3.71B	3.74B	3.74B	3.63B	3.53B	3.35B	3.22B	3.11B	2.98B	2.88B	2.85B	2.86B	2.89B	2.85B	2.78B	2.72B	2.67B	2.61B	2.57B	2.57B	2.5B	2.41B	2.33B	2.16B
Gross Profit	1.59B	1.65B	1.69B	1.62B	1.52B	1.6B	1.62B	1.7B	1.8B	1.74B	1.66B	1.56B	1.44B	1.32B	1.19B	1.07B	976M	876.59M	819.88M	760.25M	700.19M	673.15M	646.32M	647.39M	653.2M	634.58M	619.85M	601.84M	588.55M	574.21M	561.92M	559.33M	553.11M	547.37M	541.38M	516.4M
Operating Income	1.06B	1.1B	1.23B	1.26B	1.2B	1.2B	1.16B	1.17B	1.29B	1.26B	1.19B	1.09B	969.9M	850.35M	724.2M	608.11M	529.08M	449.49M	406.15M	358.2M	307.37M	285.97M	263.59M	264.54M	272.82M	263.74M	257.73M	250.45M	242.87M	232.41M	221.87M	218.28M	214.22M	220.24M	223.12M	210.6M
Interest Income	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Pretax Income	1B	1.04B	1.08B	1.02B	949.43M	1.03B	1.08B	1.17B	1.29B	1.26B	1.19B	1.07B	954.83M	838.7M	712.5M	612.71M	533.57M	448.74M	405.6M	357.41M	302.94M	284.19M	263.23M	266.74M	283.25M	275.57M	267.61M	259.63M	247.52M	239.77M	230.11M	225.94M	218.06M	217.81M	210.67M	193.05M
Net Income	786.19M	812.39M	838.18M	793.46M	738.75M	802.26M	842.99M	906.24M	992.19M	967.29M	905.55M	822.86M	737.44M	652.51M	560.88M	484.17M	423.48M	374.56M	335.25M	295.4M	249.66M	221.53M	205.86M	208.87M	227.33M	187.4M	175.81M	163.56M	143.25M	159.51M	153.85M	152.14M	149.54M	150.63M	144.05M	133.31M
Selling & General & Admin	534.97M	643.34M	648.46M	638.55M	616.63M	607.59M	571.7M	541.08M	516.25M	477.15M	466.96M	466.69M	466.85M	469.86M	467.73M	457.27M	446.92M	427.1M	413.72M	402.04M	392.82M	387.18M	382.73M	382.85M	380.38M	370.83M	362.13M	351.39M	345.69M	341.8M	340.06M	341.04M	338.89M	327.13M	318.26M	305.8M
Research & Development	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Other Expenses	-10.64M	2.27M	15.6M	34.27M	47.95M	38.6M	25.2M	11.88M	2.71M	572K	1.91M	3.75M	4.86M	6.79M	6.71M	6.85M	6.66M	7.07M	8.29M	9.14M	9.58M	7.21M	6.72M	6.29M	10.62M	10.41M	10.52M	10.67M	6.41M	6.91M	6.32M	5.78M	4.95M	5.76M	331K	-1.08M
Operating Expenses	784.86M	893.24M	659.1M	643.38M	616.63M	607.59M	571.7M	541.08M	516.25M	477.15M	466.96M	466.69M	466.85M	469.86M	467.73M	457.27M	446.92M	427.1M	413.72M	402.04M	392.82M	387.18M	382.73M	382.85M	380.38M	370.83M	362.13M	351.39M	345.69M	341.8M	340.06M	341.04M	338.89M	327.13M	318.26M	305.8M
Interest Expense	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	41K	113K	192K	269K	318K	247K	223K	2.25M	2.18M	2.2M	3.21M	4.3M	8.37M	8.9M	7.89M	4.73M	785K	525K	1.59M	3.16M	3.85M	3.61M	2.66M	2.71M	5.17M	9.13M	13.15M	16.1M
Selling & Marketing Expenses	304.11M	411.26M	412.48M	403.62M	384.91M	388.23M	366.99M	340.57M	323.27M	287.63M	278.69M	283.2M	285.4M	293.62M	297.95M	294.47M	287.9M	275.46M	265.63M	255.35M	246.73M	244.17M	241M	241.7M	241.9M	236.64M	232.2M	226.08M	221.65M	218.92M	215.56M	217.24M	215.09M	208.58M	204.19M	192.98M
Cost & Expenses	5.33B	5.43B	5.43B	5.35B	5.24B	5.48B	5.39B	5.13B	5.01B	4.55B	4.3B	4.26B	4.18B	4.21B	4.21B	4.08B	3.98B	3.78B	3.63B	3.51B	3.37B	3.27B	3.23B	3.25B	3.27B	3.22B	3.14B	3.07B	3.01B	2.96B	2.91B	2.91B	2.84B	2.74B	2.65B	2.46B
Income Tax Expense	216.68M	227.79M	237.8M	224.68M	210.68M	230.55M	233.58M	262.5M	297.13M	291.28M	285.23M	251.88M	217.39M	186.19M	151.62M	128.54M	110.09M	74.17M	70.34M	62.01M	53.28M	62.65M	57.37M	57.87M	55.92M	88.17M	91.8M	96.08M	104.26M	80.26M	76.27M	73.8M	68.52M	67.18M	66.62M	59.74M
Shares Outstanding (Basic)	36.09M	36.23M	36.32M	36.31M	36.45M	36.6M	36.77M	36.66M	36.57M	36.57M	36.65M	37M	37.33M	37.65M	37.82M	37.64M	37.58M	37.61M	37.6M	38.09M	38.25M	38.3M	38.27M	38.22M	39.03M	40.28M	40.65M	40.49M	40.33M	40.32M	40.32M	40.18M	40.03M	40.02M	40.01M	39.84M
Shares Outstanding (Diluted)	36.09M	36.67M	36.72M	36.78M	36.95M	37.08M	37.19M	37.12M	37.01M	36.95M	36.96M	37.53M	37.99M	38.23M	38.38M	38.34M	38.41M	38.41M	38.17M	38.82M	39.14M	39.08M	38.89M	38.85M	39.58M	40.85M	41.16M	41.14M	41.07M	42.01M	42.78M	42.81M	42.67M	42.61M	42.53M	42.36M
EPS (Basic)	21.69	22.37	23.02	21.72	20.18	21.89	23.01	24.75	27.04	26.23	24.38	21.99	19.62	17.32	14.89	12.87	11.24	9.89	8.81	7.73	6.52	5.74	5.26	5.25	5.67	4.62	4.34	4.05	3.56	3.97	3.83	3.80	3.74	3.78	3.62	3.35
EPS (Diluted)	21.49	22.09	22.73	21.44	19.92	21.63	22.75	24.50	26.75	25.91	24.06	21.65	19.30	17.02	14.61	12.63	11.02	9.70	8.65	7.58	6.40	5.66	5.20	5.20	5.62	4.58	4.27	3.94	3.43	3.78	3.64	3.61	3.55	3.59	3.44	3.19
EBITDA	1.01B	1.05B	1.07B	1.03B	962.34M	1.05B	1.1B	1.19B	1.31B	1.28B	1.22B	1.12B	998.21M	884.21M	759.45M	645.54M	566.79M	490.96M	448.06M	399.98M	348.4M	320.15M	297.86M	298.41M	311M	300.18M	290.64M	281.7M	268.08M	258.86M	247.93M	241.69M	236M	247.36M	248.06M	234.86M
EBIT	982.98M	1.01B	1.03B	970.92M	902.39M	995.12M	1.05B	1.16B	1.29B	1.26B	1.19B	1.09B	971.16M	854.96M	727.55M	611.46M	532.43M	456.79M	413.44M	365.5M	314.67M	287.27M	264.89M	265.84M	274.12M	266.18M	262.1M	254.82M	247.24M	239.24M	226.76M	225.29M	221.36M	225.06M	223.82M	209.15M
Depreciation & Amortization	25.96M	27.12M	26.95M	26.16M	25.33M	24.78M	47.67M	47.64M	48.19M	47.34M	24.55M	25.47M	26.25M	28.45M	29.91M	30.58M	31.05M	30.87M	30.09M	29.1M	27.92M	27.06M	26.74M	26.93M	26.97M	24.09M	21.44M	18.9M	16.7M	16.58M	16.25M	16.25M	15.98M	15.42M	15.11M	14.43M