Meritage Homes Corporation
MTH · NYSE
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Revenue | $6,395 | $6,138 | $6,292 | $5,141 |
| % Growth | 4.2% | -2.4% | 22.4% | – |
| Cost of Goods Sold | $4,797 | $4,619 | $4,489 | $3,704 |
| Gross Profit | $1,598 | $1,519 | $1,803 | $1,437 |
| % Margin | 25% | 24.7% | 28.7% | 28% |
| R&D Expenses | $0 | $0 | $0 | $0 |
| G&A Expenses | $231 | $232 | $193 | $181 |
| SG&A Expenses | $640 | $617 | $516 | $467 |
| Sales & Mktg Exp. | $409 | $385 | $323 | $285 |
| Other Operating Expenses | $0 | $0 | $0 | $0 |
| Operating Expenses | $640 | $617 | $516 | $467 |
| Operating Income | $958 | $902 | $1,287 | $971 |
| % Margin | 15% | 14.7% | 20.4% | 18.9% |
| Other Income/Exp. Net | $45 | $47 | $3 | -$16 |
| Pre-Tax Income | $1,003 | $949 | $1,289 | $955 |
| Tax Expense | $217 | $211 | $297 | $217 |
| Net Income | $786 | $739 | $992 | $737 |
| % Margin | 12.3% | 12% | 15.8% | 14.3% |
| EPS | 10.85 | 10.085 | 13.52 | 9.805 |
| % Growth | 7.6% | -25.4% | 37.9% | – |
| EPS Diluted | 10.72 | 9.965 | 13.37 | 9.645 |
| Weighted Avg Shares Out | 72 | 73 | 73 | 75 |
| Weighted Avg Shares Out Dil | 73 | 74 | 74 | 76 |
| Supplemental Information | – | – | – | – |
| Interest Income | $0 | $0 | $0 | $0 |
| Interest Expense | $0 | $0 | $0 | $0 |
| Depreciation & Amortization | $26 | $25 | $25 | $26 |
| EBITDA | $984 | $928 | $1,311 | $997 |
| % Margin | 15.4% | 15.1% | 20.8% | 19.4% |