
No transactions found.
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Commissions and other sales costs | -$404.4M+1.1% | -$409.1M-6.3% | -$384.9M-19.1% | -$323.3M-13.3% | -$285.4M |
| General and administrative expenses | -$211.8M+8.3% | -$230.9M+0.4% | -$231.7M-20.1% | -$193.0M-6.4% | -$181.4M |
| Interest expense | $0 | $0 | $0+100.0% | -$41K+87.1% | -$318K |
| Other income, net | $44.1M-2.2% | $45.2M-5.8% | $47.9M+1666.7% | $2.7M-44.2% | $4.9M |
| Loss on early extinguishment of debt | $0+100.0% | -$631K+30.4% | -$907K | $0+100.0% | -$18.2M |
| Earnings before income taxes | $584.6M-41.7% | $1.00B+5.6% | $949.4M-26.4% | $1.29B+35.0% | $954.8M |
| Provision for income taxes | -$131.6M+39.3% | -$216.7M-2.8% | -$210.7M+29.1% | -$297.1M-36.7% | -$217.4M |
| Net earnings | $453.0M-42.4% | $786.2M+6.4% | $738.7M-25.5% | $992.2M+34.5% | $737.4M |
| Basic (in dollars per share) | $6K-41.0% | $11K+7.5% | $10K-25.4% | $14K-31.1% | $20K |
| Diluted (in dollars per share) | $6K-40.8% | $11K+7.6% | $10K-25.5% | $13K-30.7% | $19K |
| Basic (in shares) | $70.8M-2.3% | $72.5M-1.0% | $73.2M-0.2% | $73.4M+95.1% | $37.6M |
| Diluted (in shares) | $71.3M-2.7% | $73.3M-1.1% | $74.1M-0.1% | $74.2M+94.1% | $38.2M |
| Homebuilding | |||||
| Total closing revenue | $33.2M+6.5% | $31.2M+23.4% | $25.3M+7.6% | $23.5M | — |
| Cost of goods and services sold | -$59.0M-222.4% | -$18.3M+64.6% | -$51.8M-4.3% | -$49.6M-88.6% | -$26.3M |
| Total closing gross profit | $18.6M+29.2% | $14.4M+15.6% | $12.5M-31.9% | $18.3M+1.4% | $18.0M |
| Home closings | |||||
| Total closing revenue | $33.2M+6.5% | $31.2M+23.4% | $25.3M+7.6% | $23.5M | — |
| Cost of goods and services sold | -$59.0M-222.4% | -$18.3M+64.6% | -$51.8M-4.3% | -$49.6M-88.6% | -$26.3M |
| Total closing gross profit | $18.6M+29.2% | $14.4M+15.6% | $12.5M-31.9% | $18.3M+1.4% | $18.0M |
| Land | |||||
| Total closing revenue | $33.2M+6.5% | $31.2M+23.4% | $25.3M+7.6% | $23.5M | — |
| Cost of goods and services sold | -$59.0M-222.4% | -$18.3M+64.6% | -$51.8M-4.3% | -$49.6M-88.6% | -$26.3M |
| Total closing gross profit | $18.6M+29.2% | $14.4M+15.6% | $12.5M-31.9% | $18.3M+1.4% | $18.0M |
| Financial Service | |||||
| Total closing revenue | $33.2M+6.5% | $31.2M+23.4% | $25.3M+7.6% | $23.5M | — |
| Cost of revenue | -$17.6M-19.8% | -$14.7M-20.9% | -$12.1M-8.9% | -$11.1M-21.2% | -$9.2M |
| Total closing gross profit | $18.6M+29.2% | $14.4M+15.6% | $12.5M-31.9% | $18.3M+1.4% | $18.0M |
| Earnings/(loss) from financial services unconsolidated entities and other, net | $3.0M+242.1% | -$2.1M-219.5% | -$656K | — | — |
Source: SEC EDGAR XBRL. % change vs prior period shown where available.
A Look At Meritage Homes (MTH) Valuation As Momentum Cools And Models Disagree On Fair Value
MTH Q1 Deep Dive: Community Growth and Inventory Discipline Offset Muted Demand
Meritage Homes Corp (MTH) Q1 2026 Earnings Call Highlights: Navigating Challenges with ...
Meritage Homes Q1 Earnings Call Highlights