MTH: Meritage Homes Corp. Company Profile & Statistics

About

Meritage Homes Corp. is one of the leading designers and builders of single-family homes. The company primarily engages in building and selling single-family homes for entry-level, first-time, move-up, luxury and active adult buyers in historically high-growth regions of the U.S. It acquired the homebuilding operations of its predecessor company through a merger. It operates as a holding company and has no independent assets or operations. Meritage operates through 2 principal business segments: Homebuilding and Financial Services. The Homebuilding segment engages in acquiring and developing land, constructing homes, marketing and selling these constructed homes, and providing warranty and customer services in West, Central and East, across Arizona, California, Colorado, Texas, Florida, Georgia, N. Carolina, S. Carolina, and Tennessee. It also operates Carefree Title Agency, Inc. The company's Financial Services segment includes revenues and expenses from Carefree Title.

Info & Links

CEO

Phillippe Lord

Headquarters

18655 NORTH CLARET DRIVE, SUITE 400
SCOTTSDALE, AZ 85255, UNITED STATES

Auditor

Deloitte & Touche LLP

Share holders

128

Employees

910

Meritage Homes Corp. Statistics

Valuation Measures

Market Capitalization²

5.59B

Enterprise Value

6.07B

Enterprise Value/EBITDA(ttm)

5.93

Price to Earnings Ratio(ttm)

6.88

Price to Sales(ttm)

0.85

Price to Book(mrq)

1.09

Price to Cash(ytd)

7.25

Profitability

Gross Margin(ttm)

25.74%

Operating Margin(ttm)

12.63%

Profit Margin(ttm)

12.62%

Return on Equity(ttm)

16.89%

Return on Invested Capital(ttm)

13.62%

Return on Assets(ttm)

12.09%

Income Statement

Revenue(ttm)

6.43B

Revenue Per Share(ttm)

177.83

Gross Profit(ttm)

1.66B

EBITDA(ttm)³

1.02B

Net Income Available to Common(ttm)

812.39M

Diluted EPS(ttm)

22.09

Share Statistics

Beta (5Y Monthly)

1.82

52-Week Change

5.93%

S&P 500 52-Week Change

24.74%

S&P 500 Member

Yes

Stock Optionable

Yes

Total Shares Outstanding¹

36.18M

Dividend Yield

1.97%

Float⁴

35.46M

% Held by Insiders

2.00%

% Held by Institutions

98.44%

Balance Sheet

Total Cash(mrq)

831.56M

Total Cash Per Share(mrq)

22.98

Total Debt(mrq)

1.31B

Total Debt/Equity(mrq)

26.13%

Current Ratio(mrq)

1.75%

Quick Ratio(mrq)

1.75%

Book Value Per Share(mrq)

139.02

Cash Flow

Operating Cash Flow Per Share(ytd)

-3.49

Free Cash Flow(ytd)

-149.01M

Table Key

mrq = Most Recent Quarter

ttm = Trailing Twelve Months

ytd = Year To Date

Footnotes

Data provided by Zacks Investment Research or calculated by FXEmpire. All numbers are rounded to the closest decimal.

1 Total Shares outstanding is taken from the most recently filed quarterly or annual report.
2 Market Cap is calculated using total shares outstanding and the most recent share price.
3 EBITDA is calculated using methodology that may differ from that used by a company in its reporting.
4 The float is a measure of the number of shares available for trading by the public. It's calculated by taking the number of issued and outstanding shares minus any restricted stock, which might not be publicly traded.

MTH

Meritage Homes Corp.

Meritage Homes Corp. Profile