MTH - NYSE

Meritage Homes Corporation

MTH·NYSE

$67.11

+0.090%

Consumer CyclicalResidential Construction

Meritage Homes Corporation, together with its subsidiaries, designs and builds single-family homes in the United States. The company operates through two segments, Homebuilding and Financial Services. It acquires and develops land; and constructs, markets, and sells homes for first-time and first move-up buyers. The company also offers title insurance and closing/settlement services to its homebuyers. It builds and sells homes in Texas, Arizona, California, Colorado, Florida, North Carolina, South Carolina, Georgia, and Tennessee under the Meritage Homes brand name. Meritage Homes Corporation was founded in 1985 and is based in Scottsdale, Arizona.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$4.48B

EPS6.4000

P/E Ratio10.49

Earnings Date07/22/2026

7.65B

Assets

3Y+33.0%

5Y+98.0%

10Y+165.0%

2.46B

Total Liabilities

22%

3Y+35.0%

5Y+62.0%

10Y+67.0%

5.20B

Total Equity

3Y+32.0%

5Y+121.0%

10Y+266.0%

Meritage Homes Corporation Funding & Solvency Profile

MTH · NYSE

Current Assets

Cash & Cash Equivalents775.16M

Net Receivables306.96M

Inventory6.16B

Other Current Assets0.00

Total Current Assets7 B

Non-Current Assets

Property, Plant & Equipment103.63M

Goodwill & Intangible Assets32.96M

Long-Term Investments57.27M

Other Non-Current Assets131.73M

Total Non-Current Assets293 M

Total Assets

7.65B

Financial Health Analysis

Current Ratio

12.12x

Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.

Debt-to-Equity Ratio

0.47x

Conservative capital structure. The company relies primarily on equity financing, indicating low financial risk.

Working Capital

7 B

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

95% Current

Asset-light business model with high liquidity. Majority of assets are easily convertible to cash.

Financial Health Insight

Strong financial foundation: Excellent liquidity combined with conservative leverage suggests the company is well-positioned to weather economic uncertainties and fund growth opportunities.

Meritage Homes Corporation Balance Sheet

MTH • NYSE

Meritage Homes Corporation Balance Sheet	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009	Dec 2008	Dec 2007	Dec 2006
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	775.2M	651.6M	921.2M	861.6M	618.3M	745.6M	319.5M	311.5M	170.7M	131.7M	262.2M	103.3M	274.1M	170.5M	173.6M	104M	249.3M	205.9M	27.7M	56.7M
Short-Term Investments	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	147.4M	299.3M	125.7M	0.0	0.0	0.0
Cash & Short-Term Investments	775.2M	651.6M	921.2M	861.6M	618.3M	745.6M	319.5M	311.5M	170.7M	131.7M	262.2M	103.3M	274.1M	170.5M	321M	403.3M	375M	205.9M	27.7M	56.7M
Net Receivables	307M	256.3M	267M	215M	147.5M	98.6M	88.5M	77.3M	79.3M	70.4M	57.3M	56.8M	39M	20.3M	14.9M	20.8M	115.4M	142.6M	123.5M	68.7M
Accounts Receivables	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	20.8M	22.9M	31M	56.1M	68.7M
Other Receivables	307M	256.3M	267M	215M	147.5M	98.6M	88.5M	77.3M	79.3M	70.4M	57.3M	56.8M	39M	20.3M	14.9M	0.0	101.1M	111.5M	67.4M	0.0
Inventory	6.2B	5.7B	4.7B	4.4B	3.8B	2.8B	2.7B	2.7B	2.7B	2.4B	2.1B	1.9B	1.4B	1.1B	0.0	0.0	0.0	0.0	0.0	0.0
Prepaids	0.0	192.4M	111.4M	76.7M	0.0	59.5M	50.9M	51.4M	112.1M	128M	124.5M	133.1M	80.7M	14.4M	15.2M	0.0	0.0	16M	23.7M	19.9M
Other Current Assets	0.0	0.0	0.0	0.0	0.0	0.0	-2.7B	0.0	35.9M	0.0	0.0	0.0	-29.1M	38.9M	12.1M	0.0	0.0	0.0	0.0	0.0
Total Current Assets	7.2B	6.8B	6B	5.5B	4.6B	3.7B	458.9M	3.2B	3B	2.7B	2.5B	2.1B	1.8B	1.4B	348.1M	433.5M	506.8M	364.5M	174.9M	145.3M
NON-CURRENT ASSETS
Property, Plant, and Equipment (Net)	103.6M	47.3M	49M	38.6M	58.4M	38.9M	50.6M	54.6M	33.6M	33.2M	34M	32.4M	22.1M	15.7M	815.4M	738.9M	675M	22.7M	31M	40.7M
Goodwill	33M	33M	33M	33M	33M	0.0	0.0	33M	33M	33M	33M	33M	39.2M	0.0	0.0	0.0	0.0	0.0	0.0	129.7M
Intangible Assets	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	1.6M	2.1M	3.6M	5M	8.2M	9.5M
Goodwill & Intangible Assets	33M	33M	33M	33M	33M	0.0	0.0	33M	33M	33M	33M	33M	39.2M	-15.7M	1.6M	2.1M	3.6M	5M	8.2M	139.2M
Long-Term Investments	57.3M	28.7M	17.2M	11.8M	5.8M	4.4M	4.4M	17.5M	17.1M	17.1M	11.4M	10.8M	101.3M	98.2M	11.1M	11M	11.9M	0.0	0.0	0.0
Tax Assets	83.6M	54.5M	47.6M	45.5M	51.6M	36M	25.9M	26.5M	35.2M	53.3M	59.1M	64.1M	70.4M	78M	-1.6M	-2.1M	-3.6M	0.0	139.1M	28.1M
Other Non-Current Assets	131.7M	170.1M	185.6M	131.7M	70.8M	103.3M	2.9B	51.2M	91M	42.4M	47.4M	43.1M	289K	42.2M	46.7M	41.5M	48.9M	934M	1.4B	1.8B
Total Non-Current Assets	409.2M	333.6M	332.3M	260.5M	219.4M	182.6M	2.9B	182.7M	209.9M	179M	184.9M	183.4M	233.3M	218.3M	873.3M	791.5M	735.8M	961.7M	1.6B	2B
Total Assets	7.7B	7.2B	6.4B	5.8B	4.8B	3.9B	3.4B	3.4B	3.3B	2.9B	2.7B	2.3B	2B	1.6B	1.2B	1.2B	1.2B	1.3B	1.7B	2.2B
LIABILITIES
CURRENT LIABILITIES
Total Payables	214.9M	237M	297.2M	298.4M	253.3M	209.6M	163.5M	135.7M	140.5M	140.7M	116.4M	83.6M	68M	49.8M	40.8M	23.6M	30.3M	31.7M	59.7M	117.4M
Accounts Payable	200.7M	212.5M	271.7M	273.3M	216M	175.3M	155M	128.2M	140.5M	140.7M	106.4M	83.6M	68M	49.8M	37.7M	23.6M	30.3M	31.7M	59.7M	117.4M
Other Payables	14.2M	24.5M	25.6M	25.2M	37.3M	34.4M	8.5M	7.5M	0.0	0.0	10M	0.0	0.0	0.0	3.1M	0.0	0.0	0.0	0.0	0.0
Accrued Expenses	98.6M	339.2M	307.8M	277.1M	247.5M	209.8M	161.3M	60.2M	143.7M	52.9M	41.2M	44.1M	36.2M	11.9M	13.5M	12.1M	9.7M	13.7M	29.6M	54.9M
Short Term Debt	60.5M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Capital Lease Obligations (Current)	0.0	0.0	0.0	0.0	0.0	28.3M	34.2M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Tax Payables	0.0	0.0	25.6M	25.2M	37.3M	34.4M	8.5M	7.5M	14.1M	9.6M	10M	11.1M	22.9M	3.4M	3.1M	0.0	0.0	0.0	0.0	0.0
Deferred Revenue	0.0	20.5M	36.6M	38M	42.6M	25.1M	24.2M	28.6M	34.1M	28.3M	36.2M	29.4M	22M	12.4M	0.0	0.0	0.0	0.0	0.0	0.0
Other Current Liabilities	223.6M	0.0	0.0	0.0	0.0	-28.3M	-34.2M	138.7M	-177.7M	170.2M	146.2M	139.4M	152.7M	96.9M	71.7M	83.4M	112.2M	111.4M	173.2M	211.8M
Total Current Liabilities	597.6M	596.7M	641.6M	613.5M	543.5M	444.4M	349M	334.7M	355.7M	339.9M	303.8M	267.1M	256.6M	158.6M	126.1M	119.2M	152.2M	156.8M	262.5M	384.1M
NON-CURRENT LIABILITIES
Long Term Debt	1.8B	1.3B	1B	1.2B	1.2B	1B	1B	1.3B	1.3B	1.1B	1.1B	935.2M	905.1M	722.8M	606.4M	605.8M	605M	629M	729.9M	733.3M
Deferred Revenue (Non-Current)	0.0	0.0	0.0	0.0	0.0	25.1M	24.2M	28.6M	34.1M	28.3M	36.2M	29.4M	22M	12.4M	0.0	0.0	0.0	0.0	0.0	0.0
Deferred Tax Liabilities (Non-Current)	30.3M	0.0	0.0	0.0	0.0	0.0	0.0	-1.2B	-34.1M	-259.7M	-257.4M	-29.4M	-22M	-121.1M	0.0	0.0	0.0	0.0	0.0	0.0
Other Non-Current Liabilities	0.0	32.7M	37.4M	35.6M	33.5M	-1.3M	-2.2M	206.5M	250.1M	22.7M	171.9M	187.8M	54.7M	0.0	33.3M	95.6M	121.9M	138.4M	228.7M	313M
Total Non-Current Liabilities	1.9B	1.4B	1.1B	1.2B	1.2B	1.1B	1.1B	1.3B	1.3B	1.1B	1.1B	939.5M	905.3M	722.8M	606.4M	605.8M	605M	642.3M	755.7M	779.6M
Capital Lease Obligations	0.0	55.8M	54M	22.8M	26.2M	56.5M	34.2M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total Liabilities	2.5B	2B	1.7B	1.8B	1.8B	1.5B	1.4B	1.6B	1.7B	1.5B	1.4B	1.2B	1.2B	881.4M	732.5M	724.9M	757.2M	799M	1B	1.2B
SHAREHOLDERS' EQUITY
Treasury Stock	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-188.8M	-188.8M	-188.8M	-188.8M	-188.8M	-188.8M
Common Stock	682K	360K	364K	366K	373K	375K	382K	381K	403K	400K	397K	391K	362K	356K	404K	400K	397K	386K	341K	340K
Additional Paid-In Capital	0.0	143M	291M	327.9M	414.8M	455.8M	505.4M	501.8M	584.6M	572.5M	559.5M	538.8M	413M	390.2M	478.8M	468.8M	461.4M	436.7M	347.8M	332.7M
Retained Earnings	5.2B	5B	4.3B	3.6B	2.6B	1.9B	1.5B	1.2B	991.8M	848.6M	699M	570.3M	428.1M	303.6M	198.4M	219.5M	212.4M	278.9M	570.8M	862.6M
Accumulated Other Comprehensive Income/Loss	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-57.2M	-47.9M	-39.5M	-34.1M	-31M	-28.5M	-33.8M	-38.4M	-38.9M	-45.7M	-33.6M	-33.6M
Total Stockholders' Equity	5.2B	5.1B	4.6B	3.9B	3B	2.3B	2B	1.7B	1.6B	1.4B	1.3B	1.1B	841.4M	694.2M	488.9M	500M	485.4M	527.2M	730.2M	1B
Total Equity	5.2B	5.1B	4.6B	3.9B	3B	2.3B	2B	1.7B	1.6B	1.4B	1.3B	1.1B	841.4M	694.2M	488.9M	500M	485.4M	527.2M	730.2M	1B
SUMMARY
Total Liabilities & Equity	7.6B	7.2B	6.4B	5.8B	4.8B	3.9B	3.4B	3.4B	3.3B	2.9B	2.7B	2.3B	2B	1.6B	1.2B	1.2B	1.2B	1.3B	1.7B	2.2B
Total Investments	57.3M	28.7M	17.2M	11.8M	5.8M	4.4M	4.4M	17.5M	17.1M	17.1M	11.4M	10.8M	101.3M	98.2M	158.5M	310.3M	137.6M	0.0	0.0	0.0
Total Debt	1.9B	1.4B	1.1B	1.2B	1.2B	1.1B	1.1B	1.3B	1.3B	1.1B	1.1B	935.2M	905.1M	722.8M	606.4M	605.8M	605M	629M	729.9M	733.3M
Net Debt	1.1B	740.1M	141M	311.9M	567.9M	331M	768M	998.6M	1.1B	995.6M	865.6M	831.9M	630.9M	552.3M	432.8M	501.8M	355.7M	423M	702.2M	676.6M
Shares Outstanding	71,556,545	71,556,545	71,556,545	71,556,545	71,556,545	71,556,545	71,556,545	71,556,545	71,556,545	71,556,545	71,556,545	71,556,545	71,556,545	71,556,545	71,556,545	71,556,545	71,556,545	71,556,545	71,556,545	71,556,545

SEC Filings

MTH - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
8-K 8-K 2026 N/A	May 21, 2026	May 21, 2026	2026	View Filing
10-Q 10-Q 2026 Q1 Q1	April 24, 2026	March 31, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 22, 2026	April 22, 2026	2026	View Filing
DEF 14A DEF 14A 2025 N/A	April 07, 2026	December 31, 2025	2025	View Filing
8-K 8-K 2026 N/A	March 26, 2026	March 23, 2026	2026	View Filing
8-K 8-K 2026 N/A	February 19, 2026	February 17, 2026	2026	View Filing
10-K 10-K 2025 FY FY	February 13, 2026	December 31, 2025	2025	View Filing
8-K 8-K 2026 N/A	January 28, 2026	January 28, 2026	2026	View Filing
10-Q 10-Q 2025 Q3 Q3	October 31, 2025	September 30, 2025	2025	View Filing
8-K 8-K 2025 N/A	October 28, 2025	October 28, 2025	2025	View Filing

Showing 1 to 10 of 533 filings

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