Meritage Financial Statements From 2010 to 2026

MTH Stock  USD 77.81  1.19  1.51%   
Meritage's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Meritage's valuation are provided below:
Gross Profit
1.2 B
Profit Margin
0.0773
Market Capitalization
5.5 B
Enterprise Value Revenue
1.1173
Revenue
5.9 B
We have found one hundred twenty available fundamental ratios for Meritage, which can be analyzed and compared to other ratios and to its peers in the industry. Traders should compare all of Meritage last-minute fundamentals against the fundamentals between 2010 and 2026 to make sure the company is sustainable this year. The Meritage's current Market Cap is estimated to increase to about 3 B. The Meritage's current Enterprise Value is estimated to increase to about 3.3 B

Meritage Total Revenue

6.15 Billion

Check Meritage financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Meritage's main balance sheet or income statement drivers, such as Interest Expense of 2.8 M, Total Revenue of 6.2 B or Gross Profit of 1.2 B, as well as many indicators such as Price To Sales Ratio of 0.76, Dividend Yield of 0.0247 or PTB Ratio of 1.01. Meritage financial statements analysis is a perfect complement when working with Meritage Valuation or Volatility modules.
  
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Check out the analysis of Meritage Correlation against competitors.
For more detail on how to invest in Meritage Stock please use our How to Invest in Meritage guide.

Meritage Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total AssetsB7.7 B3.9 B
Slightly volatile
Short and Long Term Debt TotalB1.9 B1.2 B
Slightly volatile
Total Stockholder Equity5.5 B5.2 B2.4 B
Slightly volatile
Net Debt1.2 B1.1 B686.8 M
Pretty Stable
Retained Earnings5.5 B5.2 BB
Slightly volatile
Non Current Assets Total639.6 M409.2 M468.6 M
Very volatile
Non Currrent Assets Other125.1 M131.7 M259.5 M
Very volatile
Common Stock Shares Outstanding56.6 M70.8 M53.7 M
Slightly volatile
Liabilities And Stockholders EquityB7.6 B3.9 B
Slightly volatile
Non Current Liabilities TotalB1.9 B1.1 B
Slightly volatile
Other Stockholder Equity275.9 M164.5 M395.2 M
Pretty Stable
Total Liabilities2.6 B2.5 B1.5 B
Slightly volatile
Cash813.9 M775.2 M430.1 M
Slightly volatile
Cash And Short Term Investments813.9 M775.2 M438.7 M
Slightly volatile
Total Current Assets7.6 B7.2 B3.5 B
Slightly volatile
Total Current Liabilities316.7 M597.6 M378.6 M
Slightly volatile
Property Plant And Equipment Net164.7 M103.6 M97.5 M
Pretty Stable
Accounts Payable120 M200.7 M147.6 M
Slightly volatile
Net Receivables322.3 M307 M124.6 M
Slightly volatile
Common Stock Total Equity325.3 K420.9 K360 K
Slightly volatile
Property Plant And Equipment Gross131.7 M122.8 M66.8 M
Slightly volatile
Common Stock345 K682 K376.1 K
Slightly volatile
Other Liabilities33.7 M43.7 M31.8 M
Slightly volatile
Long Term Debt915.1 M1.8 BB
Slightly volatile
Inventory6.5 B6.2 B3.1 B
Slightly volatile
Property Plant Equipment37.7 M46.6 M40.8 M
Slightly volatile
Net Tangible Assets4.8 B4.5 B2.2 B
Slightly volatile
Retained Earnings Total Equity4.4 B4.2 B1.8 B
Slightly volatile
Long Term Debt Total1.2 B1.8 B1.1 B
Slightly volatile
Long Term Investments29.9 M57.3 M44.1 M
Slightly volatile
Current Deferred Revenue32 M23.6 M27 M
Slightly volatile
Non Current Liabilities Other45.8 M43.7 M23.2 M
Slightly volatile
Short and Long Term Debt13.7 M14.4 M415.6 M
Slightly volatile
Cash And Equivalents605.8 M775.2 M406 M
Slightly volatile
Net Invested CapitalBB3.9 B
Slightly volatile
Net Working Capital4.4 B6.7 B3.5 B
Slightly volatile
Capital Stock451.4 K682 K399 K
Slightly volatile
Capital Lease Obligations44.3 M60.5 M37.3 M
Slightly volatile

Meritage Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Total Revenue6.2 B5.9 B3.7 B
Slightly volatile
Gross Profit1.2 B1.2 B825.9 M
Slightly volatile
Other Operating Expenses5.6 B5.3 B3.2 B
Slightly volatile
Operating Income564.4 M537.5 M466.5 M
Slightly volatile
EBIT564.4 M537.5 M466.5 M
Slightly volatile
EBITDA590.9 M562.8 M484 M
Slightly volatile
Total Operating Expenses647 M616.2 M360.2 M
Slightly volatile
Depreciation And Amortization16.3 M25.3 M18.5 M
Slightly volatile
Selling General Administrative146.7 M211.8 M137.8 M
Slightly volatile
Cost Of Revenue4.9 B4.7 B2.9 B
Slightly volatile
Selling And Marketing Expenses494 M470.4 M253 M
Slightly volatile
Tax Provision154.6 M131.6 M117.9 M
Slightly volatile
Reconciled Depreciation28.1 M25.3 M22 M
Slightly volatile

Meritage Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow684.1 M651.6 M382.9 M
Slightly volatile
End Period Cash Flow813.9 M775.2 M429.9 M
Slightly volatile
Depreciation16.3 M25.3 M18.5 M
Slightly volatile
Stock Based Compensation15.6 M19.7 M16.1 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.760.79550.7349
Very volatile
Dividend Yield0.02470.0260.0155
Pretty Stable
PTB Ratio1.010.89691.2056
Pretty Stable
Days Sales Outstanding20.0819.12710.3052
Slightly volatile
Book Value Per Share77.0373.365132.8048
Slightly volatile
Average Payables15.3 M24.9 M25.7 M
Very volatile
Stock Based Compensation To Revenue0.00530.00340.0049
Slightly volatile
Capex To Depreciation0.871.01731.0983
Very volatile
PB Ratio1.010.89691.2056
Pretty Stable
EV To Sales0.940.98581.2999
Slightly volatile
ROIC0.06220.05850.0868
Slightly volatile
Inventory Turnover1.080.76090.972
Pretty Stable
Days Of Inventory On Hand302480378
Pretty Stable
Payables Turnover16.223.361918.5581
Slightly volatile
Sales General And Administrative To Revenue0.06390.03620.0475
Slightly volatile
Capex To Revenue0.00740.00440.0063
Pretty Stable
Cash Per Share11.4910.94565.9805
Slightly volatile
Payout Ratio0.250.26730.1056
Very volatile
Days Payables Outstanding24.7315.623721.74
Slightly volatile
Net Debt To EBITDA3.951.98024.2048
Slightly volatile
Current Ratio12.7312.1217.8534
Slightly volatile
Tangible Book Value Per Share76.5472.899732.5015
Slightly volatile
Receivables Turnover18.1319.08344.976
Slightly volatile
Graham Number10810358.5181
Slightly volatile
Shareholders Equity Per Share77.0373.365132.7963
Slightly volatile
Debt To Equity0.350.36370.772
Slightly volatile
Capex Per Share0.190.36320.2691
Slightly volatile
Revenue Per Share86.8582.712849.65
Slightly volatile
Interest Debt Per Share28.0226.68115.6039
Slightly volatile
Debt To Assets0.440.24690.3595
Slightly volatile
Enterprise Value Over EBITDA11.9210.260612.9431
Slightly volatile
Short Term Coverage Ratios2.362.251.9181
Slightly volatile
Operating Cycle524499351
Slightly volatile
Price Book Value Ratio1.010.89691.2056
Pretty Stable
Days Of Payables Outstanding24.7315.623721.74
Slightly volatile
Dividend Payout Ratio0.250.26730.1056
Very volatile
Operating Profit Margin0.07730.09180.1498
Slightly volatile
Company Equity Multiplier1.41.47291.9985
Slightly volatile
Long Term Debt To Capitalization0.50.26040.4032
Slightly volatile
Total Debt To Capitalization0.510.26670.4073
Slightly volatile
Return On Capital Employed0.07970.07620.1127
Slightly volatile
Debt Equity Ratio0.350.36370.772
Slightly volatile
Ebit Per Revenue0.07730.09180.1498
Slightly volatile
Net Income Per E B T0.710.77490.9384
Slightly volatile
Cash Ratio1.361.29711.0091
Slightly volatile
Days Of Inventory Outstanding302480378
Pretty Stable
Days Of Sales Outstanding20.0819.12710.3052
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio1.410.78251.3336
Pretty Stable
Price To Book Ratio1.010.89691.2056
Pretty Stable
Fixed Asset Turnover45.3156.523479.941
Slightly volatile
Enterprise Value Multiple11.9210.260612.9431
Slightly volatile
Debt Ratio0.440.24690.3595
Slightly volatile
Price Sales Ratio0.760.79550.7349
Very volatile
Asset Turnover0.770.76540.8984
Slightly volatile
Gross Profit Margin0.140.19690.2081
Slightly volatile
Price Fair Value1.010.89691.2056
Pretty Stable

Meritage Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market CapB2.8 B2.9 B
Slightly volatile
Enterprise Value3.3 B3.1 B3.2 B
Slightly volatile

Meritage Fundamental Market Drivers

Forward Price Earnings11.4286
Cash And Short Term Investments775.2 M

Meritage Upcoming Events

31st of January 2024
Upcoming Quarterly Report
View
24th of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
31st of January 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Meritage Financial Statements

Investors use fundamental indicators, such as Meritage's revenue or net income, to determine how well the company is positioned to perform in the future. Although Meritage's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Current Deferred Revenue23.6 M32 M
Total Revenue5.9 B6.2 B
Cost Of Revenue4.7 B4.9 B
Stock Based Compensation To Revenue 0.00  0.01 
Sales General And Administrative To Revenue 0.04  0.06 
Capex To Revenue 0.00  0.01 
Revenue Per Share 82.71  86.85 
Ebit Per Revenue 0.09  0.08 

Currently Active Assets on Macroaxis

When determining whether Meritage offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Meritage's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Meritage Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Meritage Stock:
Check out the analysis of Meritage Correlation against competitors.
For more detail on how to invest in Meritage Stock please use our How to Invest in Meritage guide.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is there potential for Household Durables market expansion? Will Meritage introduce new products? Factors like these will boost the valuation of Meritage. Expected growth trajectory for Meritage significantly influences the price investors are willing to assign. Understanding fair value requires weighing current performance against future potential. All the valuation information about Meritage listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.49)
Dividend Share
1.72
Earnings Share
6.26
Revenue Per Share
82.713
Quarterly Revenue Growth
(0.12)
The market value of Meritage is measured differently than its book value, which is the value of Meritage that is recorded on the company's balance sheet. Investors also form their own opinion of Meritage's value that differs from its market value or its book value, called intrinsic value, which is Meritage's true underlying value. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. Because Meritage's market value can be influenced by many factors that don't directly affect Meritage's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Understanding that Meritage's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Meritage represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Meanwhile, Meritage's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.