MTH
MTH
NYSE · Consumer products

Meritage Homes Corp

$74.59
+2.33 (+3.22%)
As of Aug 8, 1:23 AM ET ·
Financial Highlights (FY 2026)
Revenue
5.30B
Net Income
410.26M
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 5.30B 5.43B 1.22B 1.45B
Gross Profit 678.49M 694.89M 371.41M 440.78M
Operating Income 529.42M 488.00M 235.87M 234.60M
Net Income 410.26M 378.16M 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 627.41M 627.41M 950.36M 723.02M
Total Equity 1.78B 1.78B 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 552.33M 537.39M 257.28M 305.25M
Free Cash Flow 206.43M 183.42M