About Meritage Homes Corporation
https://www.meritagehomes.comMeritage 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.
CEO
Phillippe Lord
Compensation Summary
(Year 2024)
Split Record
| Date | Type | Ratio |
|---|---|---|
| 2025-01-03 | Forward | 2:1 |
| 2005-01-10 | Forward | 2:1 |
ETFs Holding This Stock
Summary
Showing Top 3 of 218
Ratings Snapshot
Rating : A
Most Recent Analyst Grades
UBS
Buy
B of A Securities
Buy
Keefe, Bruyette & Woods
Market Perform
Evercore ISI Group
In Line
JP Morgan
Neutral
Wedbush
Neutral
Grade Summary
Showing Top 6 of 7
Price Target
Institutional Ownership
BLACKROCK, INC.
Shares:11.96M
Value:$921.58M
VANGUARD GROUP INC
Shares:7.86M
Value:$605.67M
BLACKROCK INC.
Shares:6M
Value:$462.41M
Summary
Showing Top 3 of 516
About Meritage Homes Corporation
https://www.meritagehomes.comMeritage 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.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q3-2025 | $1.42B ▼ | $51.79M ▼ | $99.3M ▼ | 7.02% ▼ | $1.4 ▼ | $134.24M ▼ |
| Q2-2025 | $1.63B ▲ | $164.01M ▲ | $146.88M ▲ | 8.99% ▼ | $2.05 ▲ | $188.87M ▲ |
| Q1-2025 | $1.36B ▼ | $151.72M ▼ | $122.81M ▼ | 9% ▼ | $1.71 ▼ | $156.61M ▼ |
| Q4-2024 | $1.62B ▲ | $172.7M ▲ | $172.65M ▼ | 10.65% ▼ | $2.39 ▼ | $214.21M ▼ |
| Q3-2024 | $1.6B | $157.1M | $195.97M | 12.27% | $2.71 | $245.8M |
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q3-2025 | $728.94M ▼ | $7.76B ▲ | $2.47B ▼ | $5.29B ▲ |
| Q2-2025 | $930.46M ▼ | $7.76B ▲ | $2.49B ▼ | $5.27B ▲ |
| Q1-2025 | $1.01B ▲ | $7.7B ▲ | $2.51B ▲ | $5.19B ▲ |
| Q4-2024 | $651.55M ▼ | $7.16B ▲ | $2.02B ▼ | $5.14B ▲ |
| Q3-2024 | $831.56M | $7.1B | $2.07B | $5.03B |
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q3-2025 | $99.3M ▼ | $-96.51M ▼ | $-19.43M ▼ | $-85.58M ▼ | $-201.53M ▼ | $-104.3M ▼ |
| Q2-2025 | $146.88M ▲ | $13.7M ▲ | $-10.2M ▲ | $-84.69M ▼ | $-81.19M ▼ | $6.93M ▲ |
| Q1-2025 | $122.81M ▼ | $-42.58M ▲ | $-11.41M ▲ | $414.09M ▲ | $360.1M ▲ | $-48.17M ▲ |
| Q4-2024 | $172.65M ▼ | $-99.56M ▼ | $-12.64M ▼ | $-67.8M ▼ | $-180M ▼ | $-107.05M ▼ |
| Q3-2024 | $195.97M | $-92M | $-11.8M | $-57.57M | $-161.36M | $-100.01M |
Revenue by Products
| Product | Q4-2024 | Q1-2025 | Q2-2025 | Q3-2025 |
|---|---|---|---|---|
 Financial Service | $10.00M ▲ | $10.00M ▲ | $10.00M ▲ | $10.00M ▲ |
 Home Building | $1.60Bn ▲ | $1.34Bn ▼ | $1.62Bn ▲ | $1.40Bn ▼ |
 Land | $20.00M ▲ | $20.00M ▲ | $10.00M ▼ | $20.00M ▲ |
 Real Estate | $1.61Bn ▲ | $1.36Bn ▼ | $1.62Bn ▲ | $1.42Bn ▼ |
Revenue by Geography
| Region | Q4-2014 | Q1-2014 | Q3-2014 | Q2-2014 |
|---|---|---|---|---|
 Central | $230.00M ▲ | $120.00M ▼ | $180.00M ▲ | $160.00M ▼ |
| East | $210.00M ▲ | $100.00M ▼ | $140.00M ▲ | $110.00M ▼ |
 West | $260.00M ▲ | $190.00M ▼ | $230.00M ▲ | $230.00M ▲ |
CEO
Phillippe Lord
Compensation Summary
(Year 2024)
Split Record
| Date | Type | Ratio |
|---|---|---|
| 2025-01-03 | Forward | 2:1 |
| 2005-01-10 | Forward | 2:1 |
ETFs Holding This Stock
Summary
Showing Top 3 of 218
Ratings Snapshot
Rating : A
Most Recent Analyst Grades
UBS
Buy
B of A Securities
Buy
Keefe, Bruyette & Woods
Market Perform
Evercore ISI Group
In Line
JP Morgan
Neutral
Wedbush
Neutral
Grade Summary
Showing Top 6 of 7
Price Target
Institutional Ownership
BLACKROCK, INC.
Shares:11.96M
Value:$921.58M
VANGUARD GROUP INC
Shares:7.86M
Value:$605.67M
BLACKROCK INC.
Shares:6M
Value:$462.41M
Summary
Showing Top 3 of 516