Meritage Financial Statements From 2010 to 2026

MTH Stock  USD 68.36  2.16  3.26%   
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
1.3 B
Profit Margin
0.0896
Market Capitalization
4.9 B
Enterprise Value Revenue
0.9628
Revenue
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 3.2 B

Meritage Total Revenue

7.72 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 2.3 M, Total Revenue of 7.7 B or Gross Profit of 1.9 B, as well as many indicators such as Price To Sales Ratio of 0.95, Dividend Yield of 0.0213 or PTB Ratio of 1.02. 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 Assets8.6 B8.2 BB
Slightly volatile
Short and Long Term Debt Total1.7 B1.6 B1.2 B
Slightly volatile
Total Stockholder Equity6.2 B5.9 B2.5 B
Slightly volatile
Net Debt485.6 M851.2 M631 M
Very volatile
Retained EarningsB5.7 B2.1 B
Slightly volatile
Non Current Assets Total644.8 M383.7 M467.4 M
Very volatile
Non Currrent Assets Other398.1 M233.6 M287.3 M
Pretty Stable
Common Stock Shares Outstanding56 M84.3 M54.5 M
Slightly volatile
Liabilities And Stockholders Equity8.6 B8.2 BB
Slightly volatile
Non Current Liabilities Total1.7 B1.6 B1.1 B
Slightly volatile
Other Stockholder Equity275.9 M164.5 M395.2 M
Pretty Stable
Total Liabilities2.4 B2.3 B1.5 B
Slightly volatile
Cash786.8 M749.3 M427 M
Slightly volatile
Cash And Short Term Investments786.8 M749.3 M435.6 M
Slightly volatile
Total Current Assets8.2 B7.9 B3.5 B
Slightly volatile
Total Current Liabilities720.5 M686.2 M407.6 M
Slightly volatile
Property Plant And Equipment Net40.4 M42.6 M86.6 M
Slightly volatile
Accounts Payable256.6 M244.3 M158.2 M
Slightly volatile
Net Receivables309.5 M294.7 M123.1 M
Slightly volatile
Common Stock Total Equity325.3 K420.9 K360 K
Slightly volatile
Property Plant And Equipment Gross132.9 M104.9 M65.8 M
Slightly volatile
Common Stock330.5 K414 K359.5 K
Slightly volatile
Other Liabilities33.7 M43.7 M31.8 M
Slightly volatile
Long Term Debt871.2 M1.5 BB
Slightly volatile
Inventory6.9 B6.6 B3.1 B
Slightly volatile
Property Plant Equipment121 M115.3 M49.8 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 B1.5 B1.1 B
Slightly volatile
Capital Surpluse122.3 M128.7 M406.3 M
Slightly volatile
Long Term Investments28.8 M25.9 M42.2 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 Equivalents578.3 M749.3 M402.9 M
Slightly volatile
Net Invested Capital4.6 B7.4 B3.9 B
Slightly volatile
Net Working Capital4.1 B7.2 B3.5 B
Slightly volatile
Capital Stock297.3 K324 K368.8 K
Slightly volatile
Capital Lease Obligations40.6 M64.2 M37.3 M
Slightly volatile

Meritage Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Total Revenue7.7 B7.4 B3.9 B
Slightly volatile
Gross Profit1.9 B1.8 B908.4 M
Slightly volatile
Other Operating Expenses6.6 B6.3 B3.3 B
Slightly volatile
Operating Income1.2 B1.1 B534.6 M
Slightly volatile
EBIT1.2 B1.1 B534.6 M
Slightly volatile
EBITDA1.2 B1.1 B552.7 M
Slightly volatile
Total Operating Expenses772.7 M735.9 M374.7 M
Slightly volatile
Depreciation And Amortization15.9 M29.9 M18.7 M
Slightly volatile
Selling General Administrative143.6 M265.5 M140.8 M
Slightly volatile
Cost Of Revenue5.8 B5.5 BB
Slightly volatile
Selling And Marketing Expenses494 M470.4 M253 M
Slightly volatile
Tax Provision155.6 M249.2 M124.9 M
Slightly volatile
Reconciled Depreciation28.1 M29.9 M22.3 M
Slightly volatile

Meritage Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow1.1 B1.1 B432.1 M
Slightly volatile
End Period Cash Flow786.8 M749.3 M426.8 M
Slightly volatile
Depreciation15.9 M29.9 M18.7 M
Slightly volatile
Stock Based Compensation15.3 M29.7 M16.6 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.951.00.7581
Pretty Stable
Dividend Yield0.02130.02240.0151
Pretty Stable
PTB Ratio1.020.981.2111
Pretty Stable
Days Sales Outstanding7.813.169.2319
Slightly volatile
Book Value Per Share67.0463.8531.6489
Slightly volatile
Average Payables15.3 M24.9 M25.7 M
Very volatile
Stock Based Compensation To Revenue0.00540.00460.0049
Slightly volatile
Capex To Depreciation0.870.991.0967
Very volatile
PB Ratio1.020.981.2111
Pretty Stable
EV To Sales1.081.141.3149
Slightly volatile
ROIC0.06840.09640.0985
Pretty Stable
Inventory Turnover0.80.750.9564
Very volatile
Days Of Inventory On Hand406501385
Very volatile
Payables Turnover16.1120.3218.3738
Pretty Stable
Sales General And Administrative To Revenue0.06480.04150.0479
Slightly volatile
Capex To Revenue0.00750.00520.0063
Pretty Stable
Cash Per Share8.58.095.646
Slightly volatile
Payout Ratio0.150.160.0934
Pretty Stable
Days Payables Outstanding25.018.5921.9304
Slightly volatile
Net Debt To EBITDA0.820.863.9348
Slightly volatile
Current Ratio30.3728.9310.9716
Slightly volatile
Tangible Book Value Per Share64.3961.3330.4646
Slightly volatile
Receivables Turnover27.2628.746.0788
Slightly volatile
Graham Number12411860.4076
Slightly volatile
Shareholders Equity Per Share67.0463.8531.6489
Slightly volatile
Debt To Equity0.30.310.7616
Slightly volatile
Capex Per Share0.190.360.2689
Slightly volatile
Revenue Per Share83.3879.4149.2516
Slightly volatile
Interest Debt Per Share18.1517.2814.3347
Slightly volatile
Debt To Assets0.210.220.3419
Slightly volatile
Enterprise Value Over EBITDA11.947.3812.7549
Slightly volatile
Operating Cycle426405339
Slightly volatile
Price Book Value Ratio1.020.981.2111
Pretty Stable
Days Of Payables Outstanding25.018.5921.9304
Slightly volatile
Dividend Payout Ratio0.150.160.0934
Pretty Stable
Operating Profit Margin0.180.170.1605
Pretty Stable
Company Equity Multiplier3.151.62.1087
Slightly volatile
Long Term Debt To Capitalization0.230.240.3861
Slightly volatile
Total Debt To Capitalization0.230.240.3873
Slightly volatile
Return On Capital Employed0.080.120.1155
Slightly volatile
Debt Equity Ratio0.30.310.7616
Slightly volatile
Ebit Per Revenue0.180.170.1605
Pretty Stable
Net Income Per E B T0.720.710.9352
Slightly volatile
Cash Ratio2.92.761.271
Slightly volatile
Days Of Inventory Outstanding406501385
Very volatile
Days Of Sales Outstanding7.813.169.2319
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio1.041.011.3253
Pretty Stable
Price To Book Ratio1.020.981.2111
Pretty Stable
Fixed Asset Turnover12812287.7744
Slightly volatile
Enterprise Value Multiple11.947.3812.7549
Slightly volatile
Debt Ratio0.210.220.3419
Slightly volatile
Price Sales Ratio0.951.00.7581
Pretty Stable
Asset Turnover0.770.80.9006
Slightly volatile
Gross Profit Margin0.140.220.2094
Slightly volatile
Price Fair Value1.020.981.2111
Pretty Stable

Meritage Valuation Data

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

Meritage Fundamental Market Drivers

Forward Price Earnings9.3897
Cash And Short Term Investments651.6 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 Revenue7.4 B7.7 B
Cost Of Revenue5.5 B5.8 B
Stock Based Compensation To Revenue 0.00  0.01 
Sales General And Administrative To Revenue 0.04  0.06 
Capex To Revenue 0.01  0.01 
Revenue Per Share 79.41  83.38 
Ebit Per Revenue 0.17  0.18 

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 Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Is Household Durables space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Meritage. If investors know Meritage will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. 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
(0.48)
Dividend Share
1.665
Earnings Share
7.49
Revenue Per Share
84.459
Quarterly Revenue Growth
(0.11)
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. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. 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.
Please note, there is a significant difference between Meritage's value and its price as these two are different measures arrived at by different means. Investors typically determine if Meritage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Meritage's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.