MTH
MTH
NYSE · Consumer products

Meritage Homes Corp

$61.59
+0.64 (+1.05%)
As of Mar 25, 9:52 PM ET ·
Financial Highlights (FY 2026)
Revenue
5.49B
Net Income
424.86M
Gross Margin
12.8%
Profit Margin
7.7%
Rev Growth
-2.4%
D/E Ratio
0.35
Revenue & Net Income
Margin Trends
FY 2026 FY 2025 FY 2024 FY 2023
Gross Margin 12.8% 12.8% 30.4% 30.4%
Operating Margin 10.0% 9.0% 19.3% 16.2%
Profit Margin 7.7% 7.3% 18.4% 16.1%
Income Statement
FY 2026 FY 2025 FY 2024 FY 2023
Revenue 5.49B 5.63B 1.22B 1.45B
Gross Profit 702.64M 719.62M 371.41M 440.78M
Operating Income 548.26M 505.36M 235.87M 234.60M
Net Income 424.86M 391.62M 225.50M 233.79M
Gross Margin 12.8% 12.8% 30.4% 30.4%
Operating Margin 10.0% 9.0% 19.3% 16.2%
Profit Margin 7.7% 7.3% 18.4% 16.1%
Rev Growth -2.4% -2.4% +11.4% -5.0%
Balance Sheet
FY 2026 FY 2025 FY 2024 FY 2023
Total Debt 511.84M 511.84M 950.36M 723.02M
Total Equity 1.45B 1.45B 3.86B 4.16B
D/E Ratio 0.35 0.35 0.25 0.17
Cash Flow
FY 2026 FY 2025 FY 2024 FY 2023
EBITDA 569.19M 553.80M 257.28M 305.25M
Free Cash Flow 206.43M 183.42M