See more : Hwang Chang General Contractor Co., Ltd (2543.TW) Income Statement Analysis – Financial Results
Complete financial analysis of Meritage Homes Corporation (MTH) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Meritage Homes Corporation, a leading company in the Residential Construction industry within the Consumer Cyclical sector.
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Meritage Homes Corporation (MTH)
About Meritage Homes Corporation
Meritage 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.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 6.14B | 6.30B | 5.15B | 4.51B | 3.68B | 3.54B | 3.25B | 3.06B | 2.59B | 2.19B | 1.83B | 1.19B | 861.24M | 941.66M | 970.31M | 1.52B | 2.34B | 3.46B | 3.00B | 2.04B | 1.47B | 1.12B | 744.17M | 520.47M | 341.79M | 255.98M | 149.63M | 2.20M | 3.60M | 2.10M | 500.00K | 60.90M | 96.90M | 42.90M | 41.40M |
| Cost of Revenue | 4.62B | 4.50B | 3.71B | 3.53B | 2.98B | 2.89B | 2.67B | 2.50B | 2.08B | 1.72B | 1.42B | 975.48M | 720.14M | 773.96M | 966.26M | 1.56B | 2.33B | 2.75B | 2.29B | 1.63B | 1.27B | 970.21M | 628.00M | 444.33M | 296.53M | 218.70M | 124.59M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 1.52B | 1.80B | 1.44B | 976.00M | 700.19M | 653.20M | 588.55M | 553.11M | 507.98M | 468.80M | 412.37M | 218.20M | 141.11M | 167.70M | 4.05M | -36.92M | 13.05M | 712.63M | 706.99M | 408.47M | 199.61M | 149.61M | 116.18M | 76.14M | 45.26M | 37.28M | 25.04M | 2.20M | 3.60M | 2.10M | 500.00K | 60.90M | 96.90M | 42.90M | 41.40M |
| Gross Profit Ratio | 24.76% | 28.63% | 27.88% | 21.66% | 19.04% | 18.43% | 18.08% | 18.10% | 19.59% | 21.40% | 22.49% | 18.28% | 16.38% | 17.81% | 0.42% | -2.42% | 0.56% | 20.59% | 23.56% | 20.02% | 13.57% | 13.36% | 15.61% | 14.63% | 13.24% | 14.56% | 16.73% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 231.72M | 192.98M | 181.45M | 159.02M | 146.09M | 138.48M | 124.04M | 123.80M | 112.85M | 104.60M | 91.51M | 68.19M | 64.18M | 59.78M | 63.15M | 205.09M | 302.63M | 380.82M | 285.09M | 195.78M | 53.93M | 41.50M | 35.72M | 21.22M | 15.10M | 10.63M | 15.11M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 384.91M | 323.27M | 285.40M | 287.90M | 246.73M | 241.90M | 221.65M | 215.09M | 188.42M | 156.74M | 126.72M | 94.83M | 74.91M | 76.80M | 78.68M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 616.63M | 516.25M | 466.85M | 446.92M | 392.82M | 380.38M | 345.69M | 338.90M | 301.27M | 261.34M | 218.23M | 163.02M | 139.10M | 136.58M | 141.83M | 205.09M | 302.63M | 380.82M | 285.09M | 195.78M | 53.93M | 41.50M | 35.72M | 21.22M | 15.10M | 10.63M | 15.11M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Expenses | 0.00 | 2.71M | 4.86M | 6.66M | 9.58M | 10.62M | 6.41M | 4.95M | -946.00K | 6.57M | 2.79M | 3.69M | 0.00 | 0.00 | -4.01M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.70M | 1.60M | 5.20M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 616.63M | 516.25M | 466.85M | 446.92M | 392.82M | 380.38M | 345.69M | 338.90M | 301.27M | 261.34M | 218.23M | 163.02M | 139.10M | 136.58M | 141.83M | 205.09M | 302.63M | 380.82M | 285.09M | 195.78M | 53.93M | 41.50M | 35.72M | 21.22M | 15.10M | 10.63M | 15.11M | 1.70M | 1.60M | 5.20M | 1.80M | 5.10M | 2.90M | 3.50M | 3.90M |
| Cost & Expenses | 5.24B | 5.01B | 4.18B | 3.98B | 3.37B | 3.27B | 3.01B | 2.84B | 2.39B | 1.98B | 1.64B | 1.14B | 859.23M | 910.54M | 1.11B | 1.77B | 2.63B | 3.13B | 2.58B | 1.83B | 1.33B | 1.01B | 663.72M | 465.54M | 311.63M | 229.33M | 139.70M | 1.70M | 1.60M | 5.20M | 1.80M | 5.10M | 2.90M | 3.50M | 3.90M |
| Interest Income | 0.00 | 41.00K | 318.00K | 2.18M | 8.37M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 0.00 | 41.00K | 318.00K | 2.18M | 8.37M | 785.00K | 3.85M | 5.17M | 15.97M | 5.16M | 15.09M | 24.24M | 30.40M | 33.72M | 36.53M | 23.65M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 25.33M | 24.75M | 26.25M | 31.05M | 22.72M | 26.97M | 16.70M | 14.30M | 14.24M | 11.61M | 9.93M | 8.20M | 7.18M | 7.97M | 8.84M | 15.67M | 17.82M | 23.73M | 17.21M | 13.23M | 8.54M | 6.78M | 5.74M | 3.41M | 2.53M | 1.64M | 432.08K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | 972.93M | 1.31B | 999.59M | 566.80M | 328.62M | 311.01M | 268.08M | 237.53M | 227.55M | 225.19M | 205.08M | 61.29M | 17.20M | 44.18M | -109.43M | -236.64M | -271.76M | 355.54M | 439.10M | 213.85M | 154.22M | 114.89M | 86.19M | 58.33M | 32.69M | 28.64M | 10.31M | 500.00K | 2.00M | -3.10M | -1.30M | 55.80M | 94.00M | 39.40M | 37.50M |
| EBITDA Ratio | 15.85% | 20.86% | 19.42% | 12.58% | 9.38% | 8.78% | 8.24% | 7.83% | 8.47% | 10.28% | 11.26% | 4.93% | 0.23% | 3.30% | -14.20% | -15.30% | -6.48% | 9.93% | 15.43% | 10.48% | 10.09% | 9.77% | 11.19% | 10.85% | 8.96% | 10.62% | 6.69% | 22.73% | 55.56% | -147.62% | -260.00% | 91.63% | 97.01% | 91.84% | 90.58% |
| Operating Income | 902.39M | 1.29B | 973.34M | 535.74M | 316.95M | 284.04M | 242.87M | 214.22M | 206.71M | 207.46M | 194.15M | 55.18M | 2.01M | 31.11M | -133.77M | -242.01M | -289.58M | 331.81M | 421.90M | 212.69M | 145.68M | 108.11M | 80.45M | 54.92M | 30.16M | 26.65M | 9.93M | 500.00K | 2.00M | -3.10M | -1.30M | 55.80M | 94.00M | 39.40M | 37.50M |
| Operating Income Ratio | 14.70% | 20.47% | 18.91% | 11.89% | 8.62% | 8.01% | 7.46% | 7.01% | 7.97% | 9.47% | 10.59% | 4.62% | 0.23% | 3.30% | -13.79% | -15.89% | -12.36% | 9.59% | 14.06% | 10.43% | 9.90% | 9.65% | 10.81% | 10.55% | 8.82% | 10.41% | 6.64% | 22.73% | 55.56% | -147.62% | -260.00% | 91.63% | 97.01% | 91.84% | 90.58% |
| Total Other Income/Expenses | 47.04M | -290.72M | -13.64M | -287.82M | -4.43M | -210.22M | 4.65M | 3.84M | -17.25M | 962.00K | -16.47M | -26.33M | -22.39M | -28.63M | -20.71M | -37.40M | -166.90M | -183.50M | -5.67M | 12.07M | -87.13M | 5.44M | 2.88M | 1.84M | 2.06M | 3.85M | 5.27M | -500.00K | -2.00M | 3.10M | 1.30M | -55.80M | -94.00M | -39.40M | -37.50M |
| Income Before Tax | 949.43M | 1.29B | 954.83M | 533.57M | 302.95M | 283.25M | 247.52M | 218.06M | 189.46M | 208.42M | 177.67M | 28.85M | -20.38M | 2.48M | -154.80M | -275.97M | -456.48M | 364.01M | 416.23M | 224.76M | 151.46M | 113.54M | 83.34M | 56.76M | 32.21M | 30.50M | 15.20M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Before Tax Ratio | 15.47% | 20.47% | 18.55% | 11.84% | 8.24% | 7.99% | 7.60% | 7.13% | 7.31% | 9.51% | 9.69% | 2.42% | -2.37% | 0.26% | -15.95% | -18.12% | -19.48% | 10.52% | 13.87% | 11.02% | 10.30% | 10.14% | 11.20% | 10.91% | 9.43% | 11.91% | 10.16% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Income Tax Expense | 210.68M | 297.13M | 217.39M | 110.09M | 53.28M | 55.92M | 104.26M | 68.52M | 60.73M | 66.18M | 53.21M | -76.31M | 730.00K | -4.67M | -88.34M | 15.97M | -167.63M | 138.66M | 160.56M | 85.79M | 57.05M | 43.61M | 32.44M | 21.00M | 13.27M | 6.50M | 961.92K | -200.00K | -1.10M | 4.50M | 32.00M | 19.10M | -8.00M | -10.80M | -6.50M |
| Net Income | 738.75M | 992.19M | 737.44M | 423.48M | 249.66M | 227.33M | 143.26M | 149.54M | 128.74M | 142.24M | 124.46M | 105.16M | -21.11M | 7.15M | -66.46M | -291.94M | -288.85M | 225.35M | 255.67M | 138.97M | 94.41M | 69.94M | 50.66M | 35.76M | 18.95M | 24.00M | 14.24M | 200.00K | 1.10M | -4.50M | -32.00M | -19.10M | 8.00M | 10.80M | 6.50M |
| Net Income Ratio | 12.04% | 15.75% | 14.33% | 9.40% | 6.79% | 6.41% | 4.40% | 4.89% | 4.97% | 6.49% | 6.79% | 8.81% | -2.45% | 0.76% | -6.85% | -19.17% | -12.33% | 6.51% | 8.52% | 6.81% | 6.42% | 6.25% | 6.81% | 6.87% | 5.54% | 9.38% | 9.52% | 9.09% | 30.56% | -214.29% | -6,400.00% | -31.36% | 8.26% | 25.17% | 15.70% |
| EPS | 20.17 | 27.04 | 19.61 | 11.23 | 6.55 | 5.67 | 3.56 | 3.74 | 3.25 | 3.65 | 3.45 | 3.09 | -0.65 | 0.22 | -2.12 | -9.95 | -11.01 | 8.52 | 9.48 | 5.33 | 3.62 | 2.82 | 2.39 | 1.73 | 0.88 | 1.13 | 0.73 | 0.01 | 0.03 | -0.12 | -2.47 | -1.45 | 0.61 | 0.83 | 0.55 |
| EPS Diluted | 19.93 | 26.74 | 19.29 | 11.00 | 6.42 | 5.58 | 3.41 | 3.55 | 3.09 | 3.46 | 3.25 | 3.00 | -0.65 | 0.22 | -2.12 | -9.95 | -11.01 | 8.32 | 8.88 | 5.03 | 3.42 | 2.66 | 2.15 | 1.57 | 0.79 | 0.98 | 0.67 | 0.01 | 0.03 | -0.12 | -2.47 | -1.45 | 0.61 | 0.83 | 0.55 |
| Weighted Avg Shares Out | 36.62M | 36.69M | 37.61M | 37.72M | 38.10M | 40.11M | 40.29M | 39.98M | 39.59M | 39.02M | 36.11M | 34.06M | 32.38M | 32.06M | 31.35M | 29.33M | 26.23M | 26.45M | 26.98M | 26.07M | 26.08M | 24.80M | 21.20M | 20.67M | 21.65M | 21.29M | 19.46M | 20.00M | 38.95M | 38.88M | 12.97M | 13.20M | 13.17M | 12.97M | 11.87M |
| Weighted Avg Shares Out (Dil) | 37.07M | 37.10M | 38.23M | 38.48M | 38.89M | 40.73M | 42.23M | 42.59M | 42.16M | 41.61M | 38.80M | 35.17M | 32.38M | 32.32M | 31.35M | 29.33M | 26.23M | 27.10M | 28.79M | 27.61M | 27.60M | 26.34M | 23.56M | 22.85M | 24.13M | 24.49M | 21.23M | 20.00M | 38.95M | 38.88M | 12.97M | 13.20M | 13.17M | 12.97M | 11.87M |
Meritage Homes (MTH) Expected to Beat Earnings Estimates: Should You Buy?
Meritage (MTH) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
New Year, New Income: 5 Fresh-Faced Dividend Payers
I was at the State Fair with one of my best friends from Elementary School. We were 2,000 miles from our old school stompin' grounds.
Why Meritage Homes (MTH) Dipped More Than Broader Market Today
In the latest trading session, Meritage Homes (MTH) closed at $170.22, marking a -0.99% move from the previous day.
Why Meritage (MTH) Could Beat Earnings Estimates Again
Meritage (MTH) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Meritage Homes (MTH) Increases Yet Falls Behind Market: What Investors Need to Know
In the closing of the recent trading day, Meritage Homes (MTH) stood at $170.09, denoting a +1.3% change from the preceding trading day.
Here's Why Meritage Homes (MTH) Fell More Than Broader Market
Meritage Homes (MTH) closed at $170.76 in the latest trading session, marking a -1.97% move from the prior day.
Small-cap surge: Outpacing large caps on hopes for '24 rate cuts
Sure, the S&P 500 has come on strong since late October, but if you compare the three-month performance of the SPDR S&P 500 ETF Trust NYSEARCA: SPY versus the SPDR Portfolio S&P 600 Small Cap ETF NYSEARCA: SPSM:
Why Meritage Homes (MTH) Dipped More Than Broader Market Today
Meritage Homes (MTH) reachead $171.27 at the closing of the latest trading day, reflecting a -1.99% change compared to its last close.
Meritage Homes Gives $3.3 Million In 2023 To Build Stronger Communities Nationwide
National homebuilder expands charitable giving campaign and celebrates ten years of partnership with Operation Homefront National homebuilder expands charitable giving campaign and celebrates ten years of partnership with Operation Homefront
Meritage Homes (MTH) Stock Slides as Market Rises: Facts to Know Before You Trade
Meritage Homes (MTH) concluded the recent trading session at $171.13, signifying a -1.1% move from its prior day's close.
Source: https://incomestatements.info
Category: Stock Reports