Meritage Homes Corporation
MTH · NYSE
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Revenue | $6,395,035 | $6,138,263 | $6,292,203 | $5,141,317 |
| % Growth | 4.2% | -2.4% | 22.4% | – |
| Cost of Goods Sold | $4,796,765 | $4,619,241 | $4,489,308 | $3,703,889 |
| Gross Profit | $1,598,270 | $1,519,022 | $1,802,895 | $1,437,428 |
| % Margin | 25% | 24.7% | 28.7% | 28% |
| R&D Expenses | $0 | $0 | $0 | $0 |
| G&A Expenses | $230,856 | $231,722 | $192,984 | $181,449 |
| SG&A Expenses | $639,925 | $616,633 | $516,250 | $466,852 |
| Sales & Mktg Exp. | $409,069 | $384,911 | $323,266 | $285,403 |
| Other Operating Expenses | $0 | $0 | $0 | $0 |
| Operating Expenses | $639,925 | $616,633 | $516,250 | $466,852 |
| Operating Income | $958,345 | $902,389 | $1,286,645 | $970,576 |
| % Margin | 15% | 14.7% | 20.4% | 18.9% |
| Other Income/Exp. Net | $44,525 | $47,041 | $2,673 | -$15,742 |
| Pre-Tax Income | $1,002,870 | $949,430 | $1,289,318 | $954,834 |
| Tax Expense | $216,684 | $210,682 | $297,126 | $217,390 |
| Net Income | $786,186 | $738,748 | $992,192 | $737,444 |
| % 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 | 72,476 | 73,238 | 73,388 | 75,220 |
| Weighted Avg Shares Out Dil | 73,332 | 74,138 | 74,202 | 76,466 |
| Supplemental Information | – | – | – | – |
| Interest Income | $0 | $0 | $0 | $0 |
| Interest Expense | $0 | $0 | $41 | $318 |
| Depreciation & Amortization | $25,959 | $25,334 | $24,748 | $26,245 |
| EBITDA | $984,304 | $927,723 | $1,311,393 | $996,821 |
| % Margin | 15.4% | 15.1% | 20.8% | 19.4% |