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    Consumer Cyclical

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    Residential Construction
Meritage Homes Corporation

Meritage Homes Corporation

MTH
Meritage Homes CorporationUS flagNew York Stock Exchange
73.08
USD
-0.54
- -
4.87BMarket Cap

Total Valuation

Meritage Homes Corporation carries a market capitalization of 4.87B, placing it among publicly traded companies globally. Its enterprise value stands at 6.56B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap4.87B
Enterprise Value6.56B

Share Statistics

Meritage Homes Corporation currently has 65.17M shares outstanding.

Shares Outstanding65.17M
Owned by Insiders (%)N/A
Owned by Institutions (%)N/A

Valuation Ratios

Meritage Homes Corporation trades at a trailing price-to-earnings ratio of 17.39. The price-to-sales ratio is 1.06, and the price-to-book ratio stands at 1.08.

PE Ratio17.39
PS Ratio1.06
PB Ratio1.08
P/TBV Ratio1.08
P/FCF Ratio12.50
P/OCF Ratio13.07

Enterprise Valuation

On an enterprise value basis, Meritage Homes Corporation trades at an EV/EBITDA multiple of 15.89 and an EV/FCF ratio of 14.17. The EV/Sales ratio of 1.22 reflects the premium investors are willing to pay for the company's revenue stream, while the EV/EBIT multiple of 16.88 provides insight into valuation relative to core operating earnings.

EV / Sales1.22
EV / EBITDA15.89
EV / EBIT16.88
EV / FCF14.17

Financial Position

Meritage Homes Corporation maintains a current ratio of 14.52, meaning it holds 14.5x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 37.71, indicating elevated leverage, while an interest coverage ratio of 148.93 demonstrates strong ability to service its debt obligations.

Current Ratio14.52
Quick Ratio2.25
Debt / Equity37.71
Debt / EBITDA4.62
Interest Coverage148.93

Financial Efficiency

Meritage Homes Corporation posts a return on equity of 6.38 and a return on invested capital of 4.27.

Return on Equity (ROE)6.38
Return on Assets (ROA)4.30
Return on Invested Capital (ROIC)4.27
Return on Capital Employed (ROCE)4.69
Revenue Per EmployeeN/A
Employee CountN/A
Inventory Turnover0.75

Taxes

Over the trailing twelve months, Meritage Homes Corporation has paid 95.20M in income taxes, reflecting an effective tax rate of 22.43.

Income Tax95.20M
Effective Tax Rate22.43

Stock Price Statistics

Meritage Homes Corporation's stock has declined approximately -5.09091% over the past 52 weeks. The 50-day moving average sits at 74.69, while the 200-day moving average is 70.06.

Beta (5Y)N/A
52-Week Price Change-5.09091%
50-Day Moving Average74.69
200-Day Moving Average70.06
Average Volume (20 Days)N/A

Income Statement

Over the trailing twelve months, Meritage Homes Corporation generated 5.40B in revenue and converted that into 329.27M in net income, yielding earnings per share of 4.79. EBITDA reached 413.14M, while operating income came in at 389.01M.

Revenue5.40B
Gross Profit964.51M
Operating Income389.01M
Pretax Income424.47M
Net Income329.27M
EBITDA413.14M
EBIT389.01M
Earnings Per Share (EPS)4.79

Balance Sheet

Meritage Homes Corporation holds 807.27M in cash and equivalents against 1.91B in total debt, resulting in a net debt position of 1.04B. Total book value stands at 5.06B, with working capital of 6.68B providing operational flexibility.

Cash & Cash Equivalents807.27M
Total Debt1.91B
Net Debt1.04B
Equity (Book Value)5.06B
Book Value Per Share77.61
Working Capital6.68B

Cash Flow

Meritage Homes Corporation produced 437.94M in operating cash flow over the past twelve months. After subtracting -23.24M in capital expenditures, free cash flow totaled 414.71M - equivalent to 6.07 per share.

Operating Cash Flow437.94M
Capital Expenditures-23.24M
Free Cash Flow414.71M
FCF Per Share6.07

Margins

Meritage Homes Corporation operates with a gross margin of 17.88, reflecting its pricing power and cost economics. The operating margin of 7.21 and net profit margin of 6.10 provide insight into operational efficiency.

Gross Margin17.88
Operating Margin7.21
Pretax Margin7.87
Profit Margin6.10
EBITDA Margin7.66

Dividends & Yields

The company's payout ratio of 37.32 indicates the proportion of earnings distributed to shareholders.

Dividend Per Share1.80
Dividend YieldN/A
Payout Ratio37.32
Shareholder Yield9.15
FCF Yield8.00

Stock Splits

Meritage Homes Corporation's most recent stock split took place on January 3, 2025 with a 1:2 split ratio.

Last Split Date1/3/2025
Split Ratio1:2

Scores

Meritage Homes Corporation posts an Altman Z-Score of 4.20, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score4.20