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    Residential Construction
Meritage Homes Corporation

Meritage Homes Corporation

MTH
Meritage Homes CorporationUS flagNew York Stock Exchange
74.44
USD
+0.85
- -
4.97BMarket Cap

Total Valuation

Meritage Homes Corporation carries a market capitalization of 4.97B, placing it among publicly traded companies globally. Its enterprise value stands at 5.45B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap4.97B
Enterprise Value5.45B

Share Statistics

Meritage Homes Corporation currently has 66.70M shares outstanding.

Shares Outstanding66.70M
Owned by Insiders (%)N/A
Owned by Institutions (%)N/A

Valuation Ratios

Meritage Homes Corporation trades at a trailing price-to-earnings ratio of 11.18. The price-to-sales ratio is 0.77, and the price-to-book ratio stands at 0.85.

PE Ratio11.18
PS Ratio0.77
PB Ratio0.85
P/TBV Ratio0.85
P/FCF Ratio15.14
P/OCF Ratio16.44

Enterprise Valuation

On an enterprise value basis, Meritage Homes Corporation trades at an EV/EBITDA multiple of 11.33 and an EV/FCF ratio of 18.97. The EV/Sales ratio of 0.97 reflects the premium investors are willing to pay for the company's revenue stream, while the EV/EBIT multiple of 11.94 provides insight into valuation relative to core operating earnings.

EV / Sales0.97
EV / EBITDA11.33
EV / EBIT11.94
EV / FCF18.97

Financial Position

Meritage Homes Corporation maintains a current ratio of 15.18, meaning it holds 15.2x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 37.34, indicating elevated leverage, while an interest coverage ratio of 818.83 demonstrates strong ability to service its debt obligations.

Current Ratio15.18
Quick Ratio2.22
Debt / Equity37.34
Debt / EBITDA3.96
Interest Coverage818.83

Financial Efficiency

Meritage Homes Corporation posts a return on equity of 7.57 and a return on invested capital of 4.99.

Return on Equity (ROE)7.57
Return on Assets (ROA)5.05
Return on Invested Capital (ROIC)4.99
Return on Capital Employed (ROCE)5.52
Revenue Per EmployeeN/A
Employee CountN/A
Inventory Turnover0.78

Taxes

Over the trailing twelve months, Meritage Homes Corporation has paid 111.45M in income taxes, reflecting an effective tax rate of 22.43.

Income Tax111.45M
Effective Tax Rate22.43

Stock Price Statistics

Meritage Homes Corporation's stock has gained approximately 15.26788% over the past 52 weeks. The 50-day moving average sits at 66.14, while the 200-day moving average is 69.76.

Beta (5Y)N/A
52-Week Price Change15.26788%
50-Day Moving Average66.14
200-Day Moving Average69.76
Average Volume (20 Days)N/A

Income Statement

Over the trailing twelve months, Meritage Homes Corporation generated 5.62B in revenue and converted that into 385.52M in net income, yielding earnings per share of 5.49. EBITDA reached 480.65M, while operating income came in at 455.94M.

Revenue5.62B
Gross Profit1.05B
Operating Income455.94M
Pretax Income496.97M
Net Income385.52M
EBITDA480.65M
EBIT455.94M
Earnings Per Share (EPS)5.49

Balance Sheet

Meritage Homes Corporation holds 766.63M in cash and equivalents against 1.90B in total debt, resulting in a net debt position of 1.07B. Total book value stands at 5.09B, with working capital of 6.70B providing operational flexibility.

Cash & Cash Equivalents766.63M
Total Debt1.90B
Net Debt1.07B
Equity (Book Value)5.09B
Book Value Per Share73.09
Working Capital6.70B

Cash Flow

Meritage Homes Corporation produced 262.17M in operating cash flow over the past twelve months. After subtracting -24.44M in capital expenditures, free cash flow totaled 237.74M - equivalent to 3.41 per share.

Operating Cash Flow262.17M
Capital Expenditures-24.44M
Free Cash Flow237.74M
FCF Per Share3.41

Margins

Meritage Homes Corporation operates with a gross margin of 18.71, reflecting its pricing power and cost economics. The operating margin of 8.11 and net profit margin of 6.86 provide insight into operational efficiency.

Gross Margin18.71
Operating Margin8.11
Pretax Margin8.84
Profit Margin6.86
EBITDA Margin8.55

Dividends & Yields

The company's payout ratio of 31.70 indicates the proportion of earnings distributed to shareholders.

Dividend Per Share1.75
Dividend YieldN/A
Payout Ratio31.70
Shareholder Yield10.52
FCF Yield6.60

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 4.00, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score4.00