Meritage Homes Corporation Financial Ratios — MTH Stock

Profitability (USD)

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	-4.27	17.78	16.21	14.58	10.87	11.16	9.56	13.79	13.51	19.6	27.35	28.37	17.26	16.12	8.76
Return on Assets (%)	-1.73	7.52	6.96	6.59	5.15	5.37	4.67	6.87	7.38	11.66	17.01	18.76	12.19	11.63	6.13
Return on Capital (%)	- -	- -	8.49	7.66	6.32	6.22	5.38	7.74	8.42	13.11	19.27	21.22	13.68	12.88	6.65
Return on Invested Capital (%)	- -	- -	8.49	7.37	6.32	5.94	5.17	7.41	8.29	12.86	19.36	21.03	12.95	12.26	6.13
Gross Margin (%)	17.02	18.96	22.49	21.4	19.59	18.1	18.08	18.43	19.04	21.66	27.88	28.63	24.75	25	19.74
EBITDA Margin (%)	1.82	6.11	11.13	10	8.52	7.53	7.97	8.46	9.12	12.43	19.33	20.82	15.12	15.4	9.65
Operating Margin (%)	0.99	5.43	10.59	9.47	7.97	7.01	7.46	7.7	8.36	11.74	18.82	20.43	14.7	14.99	9.22
Incremental Operating Margin (%)	30.52	16.87	20.46	3.73	-0.18	1.62	14.46	10.36	25.8	26.76	68.55	27.65	239.34	21.91	78.5
Pretax Margin (%)	-2.35	2.39	9.69	9.51	7.31	7.13	7.6	7.99	8.24	11.84	18.55	20.47	15.47	15.69	9.98
Profit Margin (%)	-2.43	8.73	6.79	6.49	4.97	4.89	4.4	6.41	6.79	9.4	14.33	15.75	12.04	12.3	7.73
Net Income to Common Margin (%)	-2.43	8.73	6.79	6.49	4.97	4.89	4.4	6.41	6.79	9.4	14.33	15.75	12.04	12.3	7.73
Effective Tax Rate (%)	- -	- -	29.95	31.75	32.05	31.42	42.12	19.74	17.59	20.63	22.77	23.05	22.19	21.61	22.51
Dvd Payout Ratio (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	5.35	13.81	26.73
Sustainable Growth Rate (%)	-4.27	17.78	16.21	14.58	10.87	11.16	9.56	13.79	13.51	19.6	27.35	28.37	16.33	13.89	6.42

Credit (USD)

Credit Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	606	723	921	935	1,117	1,127	1,284	1,310	1,087	1,077	1,186	1,173	1,062	1,392	1,890
ST Debt	- -	- -	- -	- -	- -	15	- -	- -	34	28	- -	- -	- -	- -	- -
LT Debt	606	723	921	935	1,117	1,112	1,284	1,310	1,053	1,048	1,186	1,173	1,062	1,392	1,890
Total Debt/EBITDA	38.49	9.82	4.51	4.27	5.06	4.9	4.95	4.37	3.24	1.92	1.19	0.89	1.15	1.41	3.34
Net Debt/EBITDA	27.47	7.5	3.17	3.8	3.87	4.33	4.29	3.33	2.09	0.49	0.54	0.22	0.09	0.7	1.86
Total Debt/EBIT	70.72	11.05	4.74	4.51	5.4	5.26	5.29	4.8	3.54	2.03	1.22	0.91	1.18	1.45	3.5
Net Debt/EBIT	50.47	8.44	3.33	4.01	4.14	4.65	4.58	3.66	2.28	0.52	0.56	0.22	0.1	0.71	1.95
EBITDA to Interest Expense	0.52	3.04	13.52	42.43	13.84	44.51	67.37	381.9	40.06	257.3	3,128.05	31,985.2	- -	- -	- -
EBITDA-CapEx/Interest Expense	0.29	2.59	12.48	38.4	12.83	41.29	62.67	339.33	37.15	248.14	3,047.35	31,327.37	- -	- -	- -
EBIT to Interest Expense	0.28	2.7	12.86	40.18	12.95	41.42	63.03	347.54	36.72	243.03	3,045.52	31,381.59	- -	- -	- -
Interest Expense	30	24	15	5	16	5	4	1	8	2	- -	- -	- -	- -	- -
Common Equity/Total Assets	40.03	44.06	42	47.9	46.98	49.21	48.5	51.13	58.09	60.76	63.33	68.43	72.59	71.78	68.16
Long-Term Debt/Equity (%)	124.03	104.12	109.47	84.29	88.73	78.25	81.42	76.13	53.35	44.65	38.96	29.71	23.03	27.07	36.37
Long-Term Debt/Capital (%)	55.36	51.01	52.26	45.74	47.01	43.64	44.88	43.22	34.4	30.61	28.04	22.9	18.72	21.3	26.67
Long-Term Debt/Total Assets (%)	49.65	45.88	45.98	40.38	41.68	38.51	39.49	38.93	30.99	27.13	24.67	20.33	16.72	19.43	24.79
Total Debt/Equity (%)	124.03	104.12	109.47	84.29	88.73	79.3	81.42	76.13	55.09	45.85	38.96	29.71	23.03	27.07	36.37
Total Debt/Capital (%)	55.36	51.01	52.26	45.74	47.01	44.23	44.88	43.22	35.52	31.44	28.04	22.9	18.72	21.3	26.67
Total Debt/Total Assets (%)	49.65	45.88	45.98	40.38	41.68	39.03	39.49	38.93	32	27.86	24.67	20.33	16.72	19.43	24.79
Net Debt to Equity	88.52	79.56	76.89	74.98	67.9	70.04	70.59	58.03	35.44	11.69	17.79	7.32	1.89	13.31	20.28
Net Debt/Capital (%)	46.96	44.31	43.47	42.85	40.44	41.19	41.38	36.72	25.51	10.25	15	6.78	1.83	11.63	16.7
EBITDA	16	74	204	219	221	230	260	300	335	560	995	1,311	928	984	566
EBITDA-CapEx	9	63	188	198	205	214	241	266	311	540	969	1,284	890	956	540
Operating Income (Loss)	9	65	194	207	207	214	243	273	307	529	968	1,287	902	958	540

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	3.46	1.42	1.36	0.45	1	0.4	0.51	1	0.92	1.68	1.14	1.4	1.44	1.09	1.52
Current Ratio	11.12	11.27	8.9	9.5	9.65	8.28	9.31	10.26	9.18	8.28	8.45	8.98	9.38	11.44	14.19
Quick Ratio	3.62	1.58	1.55	0.7	1.21	0.61	0.75	1.25	1.17	1.9	1.41	1.75	1.85	1.52	2.12
CFO/Avg Current Liab	-0.73	-2.07	-0.48	-0.98	-0.01	-0.35	-0.26	0.82	1.05	1.34	-0.31	0.7	0.57	-0.37	0.21
Common Equity/Total Assets	40.03	44.06	42	47.9	46.98	49.21	48.5	51.13	58.09	60.76	63.33	68.43	72.59	71.78	68.16
Long-Term Debt/Equity (%)	124.03	104.12	109.47	84.29	88.73	78.25	81.42	76.13	53.35	44.65	38.96	29.71	23.03	27.07	36.37
Long-Term Debt/Capital (%)	55.36	51.01	52.26	45.74	47.01	43.64	44.88	43.22	34.4	30.61	28.04	22.9	18.72	21.3	26.67
Long-Term Debt/Total Assets (%)	49.65	45.88	45.98	40.38	41.68	38.51	39.49	38.93	30.99	27.13	24.67	20.33	16.72	19.43	24.79
Total Debt/Equity (%)	124.03	104.12	109.47	84.29	88.73	79.3	81.42	76.13	55.09	45.85	38.96	29.71	23.03	27.07	36.37
Total Debt/Capital (%)	55.36	51.01	52.26	45.74	47.01	44.23	44.88	43.22	35.52	31.44	28.04	22.9	18.72	21.3	26.67
Total Debt/Total Assets (%)	49.65	45.88	45.98	40.38	41.68	39.03	39.49	38.93	32	27.86	24.67	20.33	16.72	19.43	24.79
CFO/Total Liabilities	-10.12	-25.07	-6.71	-17.51	-0.23	-7.05	-5.2	15.94	24.35	34.97	-8.63	22.24	20.42	-11.26	4.87
CFO/CapEx	-10.47	-20.34	-4.94	-10.16	-0.21	-6.21	-4.81	7.85	14.22	26.61	-5.93	15.03	9.31	-7.94	4.6
Altman's Z-Score	2.5	3.02	3.4	3.33	3.21	3.32	3.46	3.39	3.98	4.54	5.06	4.83	5.59	5	4.13

Working Capital (USD)

Working Capital Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover	83.3	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Days Sales Outstanding	4.38	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventory Turnover	1.77	1.01	1.13	1.05	1.05	1.11	1.03	1.06	1.09	1.28	1.14	1.11	1.02	0.92	0.8
Days Inventory Outstanding	206.65	360.46	323.34	347.97	348.09	329.51	352.74	345.59	336.3	285.48	320.18	328.55	358.77	397.76	454.54
Accounts Payable Turnover	50.08	29.11	29.09	28.94	24.26	22.88	21.16	21.6	21.04	21.58	23.86	20.93	18.28	23.97	24.02
Accounts Payable Turnover Days	7.29	12.54	12.55	12.61	15.05	15.95	17.25	16.9	17.35	16.91	15.3	17.44	19.96	15.23	15.19
Cash Conversion Cycle	203.74	347.92	310.79	335.36	333.04	313.56	335.49	328.69	318.95	268.57	304.89	311.11	338.81	382.53	439.34
Inventory to Cash Days	-202.27	-360.46	-323.34	-347.97	-348.09	-329.51	-352.74	-345.59	-336.3	-285.48	-320.18	-328.55	-358.77	-397.76	-454.54
Inventories	815	1,113	1,405	1,878	2,098	2,422	2,731	2,743	2,744	2,778	3,734	4,358	4,721	5,729	5,987
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	815	1,113	1,405	1,878	2,098	2,422	2,731	2,743	2,744	2,778	3,734	4,358	4,721	5,729	5,987
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

Enterprise Value API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	754	1,331	1,740	1,409	1,349	1,393	2,065	1,398	2,335	3,107	4,558	3,372	6,345	5,532	4,486
- Cash & Cash Equivalents	174	170	274	103	262	132	171	311	319	746	618	862	921	652	775
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	606	723	921	935	1,117	1,127	1,284	1,310	1,087	1,077	1,186	1,173	1,062	1,392	1,890
Enterprise Value	1,039	1,883	2,387	2,241	2,204	2,389	3,178	2,397	3,103	3,438	5,126	3,684	6,486	6,272	5,600
Total Capital	1,095	1,417	1,762	2,045	2,376	2,549	2,861	3,031	3,061	3,424	4,231	5,123	5,674	6,533	7,085
Total Debt/Capital (%)	55.36	51.01	52.26	45.74	47.01	44.23	44.88	43.22	35.52	31.44	28.04	22.9	18.72	21.3	26.67
Total Debt / EV	0.58	0.38	0.39	0.42	0.51	0.47	0.4	0.55	0.35	0.31	0.23	0.32	0.16	0.22	0.34
EV/Sales	1.2	1.56	1.3	1.02	0.85	0.78	0.98	0.68	0.84	0.76	1	0.58	1.06	0.98	0.96
EV/EBITDA	65.96	25.57	11.69	10.23	9.97	10.38	12.24	7.99	9.25	6.14	5.15	2.81	6.99	6.37	9.9
EV/EBIT	121.17	28.77	12.29	10.8	10.66	11.15	13.09	8.78	10.09	6.5	5.29	2.86	7.19	6.54	10.36
EV/Cash Flow to Firm	- -	- -	- -	- -	293.3	- -	- -	9.12	8.77	6.46	- -	9.09	18.24	- -	47.34
EV/Free Cash Flow to Firm	- -	- -	- -	- -	93.35	- -	- -	8.09	8.21	6.23	- -	8.52	16.47	- -	38.89
Diluted Market Cap	751	1,314	1,862	1,498	1,434	1,482	2,162	1,496	2,377	3,187	4,587	3,421	6,457	5,640	4,695
Diluted Enterprise Value	1,184	1,866	2,509	2,330	2,288	2,478	3,275	2,494	3,145	3,518	5,155	3,733	6,598	6,380	5,809
EV per Share	15.99	26.43	32.92	28.62	27.77	29.84	39.4	31.47	40.61	45.82	68.63	50.36	89.04	87.2	82.15
TTM Sales	868	1,205	1,834	2,191	2,593	3,057	3,255	3,544	3,678	4,506	5,147	6,298	6,138	6,393	5,861
TTM EBITDA	16	74	204	219	221	230	260	300	335	560	995	1,311	928	984	566
TTM Operating Income	9	65	194	207	207	214	243	273	307	529	968	1,287	902	958	540
TTM Cash Flow to Firm	-43	-133	-67	-208	8	-100	-85	263	354	532	-152	405	356	-228	118
TTM Free Cash Flow to Firm	-36	-122	-52	-187	24	-83	-67	296	378	552	-126	432	394	-199	144

Multiples (USD)

Valuation Multiples API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Price/Free Cash Flow	-11.2	-6.26	-29.97	-7.87	112.38	-17.09	-31.32	5.06	6.4	5.79	-36.28	7.91	16.4	-28.35	32.6
EV/EBIT	121.17	28.77	12.29	10.8	10.66	11.15	13.09	8.78	10.09	6.5	5.29	2.86	7.19	6.54	10.36
Enterprise Value	1,039	1,883	2,387	2,241	2,204	2,389	3,178	2,397	3,103	3,438	5,126	3,684	6,486	6,272	5,600
Low Price	6.84	11.6	18.91	16.2	15.85	12.74	16.7	16.01	18.02	12.62	39	31.26	46.15	73.89	59.27
EV/Sales	1.2	1.56	1.3	1.02	0.85	0.78	0.98	0.68	0.84	0.76	1	0.58	1.06	0.98	0.96
EV/EBITDA	65.96	25.57	11.69	10.23	9.97	10.38	12.24	7.99	9.25	6.14	5.15	2.81	6.99	6.37	9.9
Price/Earnings	- -	12.1	13.92	9.87	10.46	9.3	14.4	6.48	9.33	7.38	6.22	3.41	8.63	7.09	10.29
Price/Earnings Average	-33.01	10.43	12.74	11.14	12.7	9.3	11.74	7.63	8.59	6.92	5.13	3.14	6.3	8.09	11.13
Price/Earnings High	-42.07	13.8	15.36	13.79	15.35	11.02	15.61	9.69	11.73	10.43	6.37	4.56	8.86	9.86	13.25
Price/Earnings Low	-20.99	7.51	10.97	8.89	9.75	6.81	9.39	5.65	5.5	2.25	3.98	2.31	4.58	6.81	9.27
Price/Book Value	1.54	1.92	2.07	1.27	1.07	0.98	1.31	0.81	1.18	1.32	1.5	0.85	1.38	1.08	0.86
Price/Book Value Average	1.43	1.65	1.89	1.43	1.3	0.98	1.07	0.96	1.09	1.24	1.24	0.79	1	1.23	0.93
Price/Book Value High	1.82	2.19	2.28	1.77	1.57	1.16	1.42	1.21	1.49	1.87	1.53	1.14	1.41	1.5	1.11
Price/Book Value Low	0.91	1.19	1.63	1.14	1	0.72	0.85	0.71	0.7	0.4	0.96	0.58	0.73	1.03	0.78
Price/Tangible Book Value	1.55	1.92	2.09	1.31	1.1	1	1.34	0.83	1.18	1.32	1.5	0.85	1.38	1.08	0.86
Price/Tangible Book Value Average	1.43	1.65	1.92	1.48	1.34	1	1.09	0.98	1.09	1.24	1.24	0.79	1	1.23	0.93
Price/Tangible Book Value High	1.83	2.19	2.31	1.83	1.61	1.19	1.45	1.24	1.49	1.87	1.53	1.14	1.41	1.5	1.11
Price/Tangible Book Value Low	0.91	1.19	1.65	1.18	1.03	0.73	0.87	0.72	0.7	0.4	0.96	0.58	0.73	1.03	0.78
Price/Sales	0.87	1.06	0.95	0.64	0.52	0.46	0.63	0.42	0.63	0.69	0.89	0.54	1.04	0.87	0.8
Price/Sales Average	0.8	0.91	0.86	0.72	0.63	0.46	0.52	0.49	0.58	0.65	0.74	0.49	0.76	0.99	0.86
Price/Sales High	1.02	1.2	1.04	0.9	0.76	0.54	0.69	0.62	0.8	0.98	0.91	0.72	1.07	1.21	1.02
Price/Sales Low	0.51	0.66	0.74	0.58	0.48	0.33	0.41	0.36	0.37	0.21	0.57	0.36	0.55	0.84	0.72
Price/Cash Flow	-10.13	-5.76	-22.24	-6.65	-403.65	-13.45	-23.67	5.62	6.71	5.89	-30.16	8.35	17.94	-24.49	39.39
Price/Cash Flow Average	-9.4	-4.96	-20.35	-7.5	-490.22	-13.45	-19.3	6.62	6.18	5.53	-24.89	7.68	13.1	-27.95	42.64
Price/Cash Flow High	-11.98	-6.57	-24.54	-9.29	-592.41	-15.94	-25.66	8.4	8.44	8.33	-30.89	11.16	18.42	-34.07	50.73
Price/Cash Flow Low	-5.98	-3.58	-17.52	-5.98	-376.34	-9.85	-15.44	4.9	3.96	1.8	-19.27	5.66	9.51	-23.53	35.48
Price/Free Cash Flow Average	-10.39	-5.39	-27.43	-8.88	136.48	-17.08	-25.53	5.96	5.9	5.44	-29.94	7.28	11.97	-32.36	35.29
Price/Free Cash Flow High	-13.24	-7.13	-33.07	-10.99	164.93	-20.24	-33.95	7.56	8.05	8.19	-37.16	10.58	16.83	-39.44	41.98
Price/Free Cash Flow Low	-6.61	-3.88	-23.61	-7.08	104.77	-12.51	-20.43	4.41	3.78	1.77	-23.19	5.37	8.69	-27.24	29.36
EV/Sales Average	1.3	1.41	1.22	1.11	0.96	0.78	0.86	0.75	0.79	0.72	0.84	0.54	0.78	1.1	1.02
EV/Sales High	1.53	1.72	1.4	1.28	1.09	0.87	1.03	0.87	1.01	1.05	1.02	0.77	1.08	1.32	1.18
EV/Sales Low	1.01	1.14	1.1	0.96	0.81	0.66	0.76	0.63	0.58	0.28	0.68	0.41	0.57	0.95	0.88
EV/EBITDA Average	71.84	23.08	10.97	11.06	11.28	10.38	10.77	8.83	8.7	5.8	4.35	2.6	5.15	7.16	10.55
EV/EBITDA High	84.02	28.11	12.58	12.78	12.83	11.49	12.91	10.3	11.04	8.43	5.26	3.68	7.17	8.57	12.18
EV/EBITDA Low	55.68	18.72	9.89	9.59	9.56	8.76	9.48	7.4	6.4	2.28	3.5	1.98	3.78	6.15	9.11
EV/EBIT Average	131.98	25.97	11.53	11.68	12.06	11.15	11.51	9.7	9.49	6.14	4.47	2.65	5.29	7.36	11.05
EV/EBIT High	154.35	31.63	13.22	13.5	13.71	12.35	13.8	11.32	12.05	8.93	5.41	3.75	7.37	8.8	12.75
EV/EBIT Low	102.3	21.07	10.39	10.12	10.22	9.41	10.13	8.13	6.98	2.42	3.59	2.02	3.88	6.32	9.54
Last Price	11.6	18.68	24	18	17	17.4	25.6	18.36	30.56	41.41	61.03	46.1	87.1	76.91	65.8
High Price	13.71	21.3	26.48	25.14	24.95	20.61	27.75	27.45	38.42	58.53	62.51	61.65	89.41	106.99	84.74
Enterprise Value Average	1,132	1,699	2,239	2,422	2,493	2,389	2,796	2,646	2,918	3,247	4,329	3,413	4,774	7,052	5,969
Enterprise Value High	1,324	2,069	2,566	2,800	2,834	2,646	3,351	3,089	3,703	4,722	5,236	4,821	6,655	8,435	6,891
Enterprise Value Low	877	1,379	2,018	2,100	2,112	2,016	2,460	2,218	2,145	1,278	3,480	2,598	3,503	6,054	5,155

Shares Outstanding	65	71	72	78	79	80	81	76	76	75	75	73	73	72	68
Diluted Weighted Avg Shares	65	70	78	83	84	85	84	81	78	77	75	74	74	73	71
Basic Weighted Avg Shares	65	68	72	78	79	80	81	80	76	75	75	73	73	72	71
Revenue per Share	13.4	17.69	25.4	28.07	32.74	38.23	40.4	44.18	48.27	59.74	68.48	85.82	83.8	88.21	82.75
EBITDA per Share	0.24	1.08	2.83	2.81	2.79	2.88	3.22	3.74	4.4	7.43	13.23	17.87	12.67	13.58	7.99
Operating Income per Share	0.13	0.96	2.69	2.66	2.61	2.68	3.01	3.4	4.03	7.01	12.88	17.53	12.32	13.22	7.63
Basic EPS, GAAP	-0.33	1.54	1.72	1.82	1.63	1.87	1.78	2.83	3.28	5.61	9.81	13.52	10.09	10.85	6.4
Basic EPS from Cont Ops	-0.33	1.54	1.72	1.82	1.63	1.87	1.78	2.83	3.28	5.61	9.81	13.52	10.09	10.85	6.4
Diluted EPS, GAAP	-0.33	1.49	1.6	1.71	1.53	1.76	1.7	2.79	3.21	5.5	9.81	13.37	9.96	10.72	6.35
Diluted EPS from Cont Ops	-0.33	1.49	1.6	1.71	1.53	1.76	1.7	2.79	3.21	5.5	9.81	13.37	9.96	10.72	6.35
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.54	1.5	1.71
Cash Flow per Share	-1.14	-3.24	-1.08	-2.71	-0.04	-1.29	-1.08	3.27	4.55	7.03	-2.02	5.52	4.86	-3.14	1.67
Free Cash Flow per Basic Share	-1.25	-3.4	-1.3	-2.97	-0.25	-1.5	-1.31	2.85	4.23	6.77	-2.36	5.15	4.33	-3.54	1.31
Cash & Equivalents per Share	4.94	2.39	3.78	1.32	3.3	1.65	2.12	4.09	4.18	9.94	8.28	11.78	12.65	9.06	11.37
Book Value per Share	7.53	9.75	11.61	14.17	15.87	17.76	19.55	22.6	25.84	31.29	40.76	54	63.31	71.49	76.22
Tangible Book Value per Share	7.5	9.75	11.47	13.75	15.45	17.34	19.14	22.17	25.84	31.29	40.76	54	63.31	71.49	76.22

Meritage Homes Corporation

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)