Meritage Financial Statements From 2010 to 2025

MTH Stock  USD 66.36  0.05  0.08%   
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
4.8 B
Enterprise Value Revenue
0.9697
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 2025 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

6.71 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 M, Total Revenue of 6.7 B or Gross Profit of 1.7 B, as well as many indicators such as Price To Sales Ratio of 0.83, Dividend Yield of 0.0185 or PTB Ratio of 1.02. Meritage financial statements analysis is a perfect complement when working with Meritage Valuation or Volatility modules.
  
Build AI portfolio with 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.

Meritage Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets7.5 B7.2 B3.7 B
Slightly volatile
Short and Long Term Debt Total731.6 M1.4 B1.1 B
Slightly volatile
Total Stockholder Equity5.4 B5.1 B2.2 B
Slightly volatile
Net Debt485.6 M740.1 M617.3 M
Pretty Stable
Retained Earnings5.2 BB1.8 B
Slightly volatile
Non Current Assets Total644.8 M333.6 M472.6 M
Very volatile
Non Currrent Assets Other398.1 M203.1 M290.7 M
Pretty Stable
Common Stock Shares Outstanding56 M73.3 M52.6 M
Slightly volatile
Liabilities And Stockholders Equity7.5 B7.2 B3.7 B
Slightly volatile
Non Current Liabilities Total1.5 B1.4 B1.1 B
Slightly volatile
Other Stockholder Equity275.9 M143 M409.7 M
Pretty Stable
Total Liabilities2.1 BB1.4 B
Slightly volatile
Cash684.1 M651.6 M400.4 M
Slightly volatile
Cash And Short Term Investments684.1 M651.6 M409.6 M
Slightly volatile
Total Current Assets7.2 B6.8 B3.2 B
Slightly volatile
Total Current Liabilities304.6 M596.7 M364.2 M
Slightly volatile
Property Plant And Equipment Net44.9 M47.3 M89.7 M
Slightly volatile
Accounts Payable116.4 M212.5 M144.1 M
Slightly volatile
Net Receivables269.1 M256.3 M109.9 M
Slightly volatile
Common Stock Total Equity325.3 K420.9 K359.7 K
Slightly volatile
Property Plant And Equipment Gross132.9 M116.6 M63.4 M
Slightly volatile
Common Stock330.5 K360 K356.1 K
Slightly volatile
Other Liabilities33.7 M43.7 M31.4 M
Slightly volatile
Long Term Debt871.2 M1.3 B978.1 M
Slightly volatile
InventoryB5.7 B2.9 B
Slightly volatile
Property Plant Equipment105.2 M100.2 M44.7 M
Slightly volatile
Net Tangible Assets4.8 B4.5 B2.1 B
Slightly volatile
Retained Earnings Total Equity4.4 B4.2 B1.7 B
Slightly volatile
Long Term Debt Total1.2 B1.3 BB
Slightly volatile
Capital Surpluse135.9 M143 M424.5 M
Slightly volatile
Long Term Investments28.8 M28.7 M43.2 M
Slightly volatile
Current Deferred Revenue32 M20.5 M27.2 M
Slightly volatile
Non Current Liabilities Other45.8 M43.7 M22.3 M
Slightly volatile
Short and Long Term Debt13.7 M14.4 M440.6 M
Slightly volatile
Cash And Equivalents578.3 M651.6 M381.3 M
Slightly volatile
Net Invested Capital4.6 B6.5 B3.6 B
Slightly volatile
Net Working Capital4.1 B6.2 B3.3 B
Slightly volatile
Capital Stock297.3 K360 K371.6 K
Slightly volatile
Capital Lease Obligations40.6 M55.8 M35.6 M
Slightly volatile

Meritage Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Total Revenue6.7 B6.4 B3.6 B
Slightly volatile
Gross Profit1.7 B1.6 B834.5 M
Slightly volatile
Other Operating Expenses5.7 B5.4 B3.1 B
Slightly volatile
Operating IncomeB958.3 M489.7 M
Slightly volatile
EBITB958.3 M489.7 M
Slightly volatile
EBITDAB984.3 M506.8 M
Slightly volatile
Total Operating Expenses671.9 M639.9 M345.8 M
Slightly volatile
Depreciation And Amortization15.9 M26 M18 M
Slightly volatile
Selling General Administrative143.6 M230.9 M133 M
Slightly volatile
Cost Of RevenueB4.8 B2.8 B
Slightly volatile
Selling And Marketing Expenses234.6 M409.1 M223.2 M
Slightly volatile
Tax Provision155.6 M216.7 M117.1 M
Slightly volatile
Reconciled Depreciation28.1 M26 M21.8 M
Slightly volatile

Meritage Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow967.3 M921.2 M383.8 M
Slightly volatile
End Period Cash Flow684.1 M651.6 M400.3 M
Slightly volatile
Depreciation15.9 M26 M18 M
Slightly volatile
Stock Based Compensation15.3 M25.8 M15.8 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.830.87160.7354
Very volatile
Dividend Yield0.01850.01950.0145
Slightly volatile
PTB Ratio1.021.08411.2255
Pretty Stable
Days Sales Outstanding7.814.62748.9864
Slightly volatile
Book Value Per Share74.4970.941730.102
Slightly volatile
Average Payables15.3 M24.9 M25.6 M
Very volatile
Stock Based Compensation To Revenue0.00540.0040.005
Slightly volatile
Capex To Depreciation0.871.1041.1034
Very volatile
PB Ratio1.021.08411.2255
Pretty Stable
EV To Sales0.940.98741.317
Slightly volatile
ROIC0.06840.10710.0986
Slightly volatile
Inventory Turnover0.80.83730.9693
Pretty Stable
Days Of Inventory On Hand406436378
Pretty Stable
Payables Turnover16.1122.575518.2522
Pretty Stable
Sales General And Administrative To Revenue0.06480.03610.0483
Slightly volatile
Capex To Revenue0.00750.00450.0064
Pretty Stable
Cash Per Share9.448.98995.552
Slightly volatile
Payout Ratio0.130.13810.088
Pretty Stable
Days Payables Outstanding25.016.16822.1392
Slightly volatile
Net Debt To EBITDA0.710.7524.1201
Slightly volatile
Current Ratio33.7532.1410.0605
Slightly volatile
Tangible Book Value Per Share71.5568.139528.983
Slightly volatile
Receivables Turnover23.7124.953146.9431
Slightly volatile
Graham Number13813257.6444
Slightly volatile
Shareholders Equity Per Share74.4970.941730.102
Slightly volatile
Debt To Equity0.260.27070.7874
Slightly volatile
Capex Per Share0.420.39540.2776
Slightly volatile
Revenue Per Share92.6588.236647.9461
Slightly volatile
Interest Debt Per Share20.1619.202314.2762
Slightly volatile
Debt To Assets0.180.19430.3476
Slightly volatile
Enterprise Value Over EBITDA11.946.41513.0908
Slightly volatile
Operating Cycle473451338
Slightly volatile
Price Book Value Ratio1.021.08411.2255
Pretty Stable
Days Of Payables Outstanding25.016.16822.1392
Slightly volatile
Dividend Payout Ratio0.130.13810.088
Pretty Stable
Operating Profit Margin0.07670.14990.1534
Pretty Stable
Company Equity Multiplier1.321.39312.0262
Slightly volatile
Long Term Debt To Capitalization0.20.20620.3933
Slightly volatile
Total Debt To Capitalization0.20.2130.3946
Slightly volatile
Return On Capital Employed0.080.13790.1152
Slightly volatile
Debt Equity Ratio0.260.27070.7874
Slightly volatile
Ebit Per Revenue0.07670.14990.1534
Pretty Stable
Net Income Per E B T0.720.78390.9493
Slightly volatile
Cash Ratio3.223.06651.198
Slightly volatile
Days Of Inventory Outstanding406436378
Pretty Stable
Days Of Sales Outstanding7.814.62748.9864
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio1.041.12591.345
Pretty Stable
Price To Book Ratio1.021.08411.2255
Pretty Stable
Fixed Asset Turnover14213586.5403
Slightly volatile
Enterprise Value Multiple11.946.41513.0908
Slightly volatile
Debt Ratio0.180.19430.3476
Slightly volatile
Price Sales Ratio0.830.87160.7354
Very volatile
Asset Turnover0.770.89280.9069
Slightly volatile
Gross Profit Margin0.140.24990.2087
Slightly volatile
Price Fair Value1.021.08411.2255
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 Earnings9.4697
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 Revenue20.5 M32 M
Total Revenue6.4 B6.7 B
Cost Of Revenue4.8 BB
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 88.24  92.65 
Ebit Per Revenue 0.15  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 Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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.