Meritage Homes Corporation
MTH · NYSE
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Operating Activities | – | – | – | – |
| Net Income | $786,186 | $738,748 | $992,192 | $737,444 |
| Dep. & Amort. | $25,959 | $25,334 | $24,748 | $26,245 |
| Deferred Tax | $0 | $0 | $0 | $18,482 |
| Stock-Based Comp. | $25,809 | $22,511 | $22,333 | $20,069 |
| Change in WC | -$1,078,857 | -$436,464 | -$644,673 | -$951,421 |
| Other Non-Cash | $13,327 | $5,443 | $10,670 | -$2,911 |
| Operating Cash Flow | -$227,576 | $355,572 | $405,270 | -$152,092 |
| Investing Activities | – | – | – | – |
| PP&E Inv. | -$28,658 | -$38,192 | -$26,971 | -$25,664 |
| Net Acquisitions | -$18,545 | -$5,991 | -$5,796 | -$1,708 |
| Inv. Purchases | -$750 | -$750 | -$1,032 | -$2,795 |
| Inv. Sales/Matur. | $750 | $750 | $1,032 | $2,795 |
| Other Inv. Act. | $3,129 | $560 | $481 | $551 |
| Investing Cash Flow | -$44,074 | -$43,623 | -$32,286 | -$26,821 |
| Financing Activities | – | – | – | – |
| Debt Repay. | $315,372 | -$153,682 | -$20,455 | $118,721 |
| Stock Issued | $0 | $0 | $0 | $0 |
| Stock Repurch. | -$125,932 | -$59,067 | -$109,303 | -$60,992 |
| Dividends Paid | -$108,590 | -$39,534 | $0 | $0 |
| Other Fin. Act. | -$78,872 | $0 | $0 | -$6,102 |
| Financing Cash Flow | $1,978 | -$252,283 | -$129,758 | $51,627 |
| Forex Effect | $0 | $0 | $0 | $0 |
| Net Chg. in Cash | -$269,672 | $59,666 | $243,226 | -$127,286 |
| Supplemental Information | – | – | – | – |
| Beg. Cash | $921,227 | $861,561 | $618,335 | $745,621 |
| End Cash | $651,555 | $921,227 | $861,561 | $618,335 |
| Free Cash Flow | -$256,234 | $317,380 | $378,299 | -$177,756 |