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About the company
Meritage Homes Corporation is a designer and builder of single-family attached and detached homes. Its segments include Homebuilding and Financial Services. The Homebuilding segment is engaged in the business of acquiring and developing land, constructing homes, marketing and selling those homes and providing warranty and customer services. The Financial Services segment offer title and escrow, mortgage, and insurance services. It has operations in three regions: West, Central and East, which are comprised of 10 states: Arizona, California, Colorado, Utah, Texas, Florida, Georgia, North Carolina, South Carolina, and Tennessee. These three regions are its principal homebuilding reporting segments. Its homebuilding activities are conducted under the name of Meritage Homes in each of its homebuilding markets. It also operates Carefree Title Agency, Inc., its wholly owned title company, which provides title insurance and closing/settlement services to its homebuyers in certain states.
- Revenue in USD (TTM)6.43bn
- Net income in USD812.39m
- Incorporated1988
- Employees1.84k
- LocationMeritage Homes Corp18655 North Claret Drive, Suite 400SCOTTSDALE 85255United StatesUSA
- Phone+1 (480) 515-8100
- Fax+1 (480) 998-9162
- Websitehttps://www.meritagehomes.com/
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Mergers & acquisitions
| Acquired company | MTH:NYQ since announced | Transaction value |
|---|---|---|
| Elliott Homes LLC | 3.41% | -- |
Data delayed at least 15 minutes, as of Nov 09 2024.
Peer analysis
Key Information
- Key Information
- Stock Performance
- Per Share Data
- Efficiency
- Management Effectiveness
- Profitability
- Financial Strength
- Growth Rates
| Company | Revenue (TTM) | Net income (TTM) | Market cap | Employees | Price/earnings (TTM) | Price/book value (MRQ) | Price/cash flow (TTM) | Price/sales (TTM) | EPS (excl. extraordinary items, TTM) | EPS (incl. extraordinary items, TTM) | Revenue per share (TTM) | Book value per share (MRQ) | Asset turnover (TTM) | Inventory turnover (TTM) | Receivables turnover (TTM) | Revenues per employee (TTM) | Return on avg assets (TTM) | Return on avg assets (5 yr avg) | Return on investment (TTM) | Return on investment (5 yr avg) | Gross margin (TTM) | Gross margin (5 yr avg) | Net profit margin (TTM) | Net Profit margin (5 yr avg) | Quick ratio (MRQ) | Interest coverage (TTM) | Total debt to capital (MRQ) | Payout ratio (5 yr avg) | Revenue (YOY change %) | Revenue (5 yr growth rate) | Net income (YOY change %) | Net income (5 yr growth rate) | Capital expenditure (5 yr growth rate) | Dividend (5 yr growth rate) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| M/I Homes Inc | 4.27bn | 535.54m | 4.54bn | 1.61k | 8.97 | 1.60 | 8.25 | 1.06 | 18.63 | 18.63 | 148.51 | 104.59 | 1.01 | 1.06 | -- | 2,658,358.00 | 12.66 | 11.68 | 13.99 | 13.04 | 26.84 | 23.78 | 12.54 | 9.85 | -- | -- | 0.2464 | 0.00 | -2.37 | 12.02 | -5.16 | 34.01 | -6.66 | -- |
| Arcosa Inc | 2.49bn | 128.50m | 5.16bn | 4.80k | 40.13 | 2.12 | 16.97 | 2.07 | 2.63 | 2.63 | 50.97 | 49.88 | 0.6336 | 5.52 | 6.33 | 518,435.90 | 3.28 | 4.84 | 3.67 | 5.47 | 19.84 | 18.98 | 5.17 | 6.77 | 2.77 | 5.33 | 0.3369 | 7.10 | 2.90 | 9.58 | -34.97 | 16.50 | 35.35 | -- |
| Construction Partners Inc | 1.76bn | 70.54m | 5.26bn | 1.15k | 70.51 | 9.01 | 32.29 | 2.99 | 1.34 | 1.34 | 33.58 | 10.48 | 1.35 | 15.68 | 5.32 | 1,536,433.00 | 5.39 | 4.39 | 6.95 | 5.61 | 14.18 | 13.02 | 4.01 | 3.22 | 1.30 | 6.35 | 0.4636 | 0.00 | 20.12 | 18.12 | 129.23 | 1.17 | 17.97 | -- |
| Dycom Industries Inc | 4.43bn | 238.11m | 5.52bn | 15.61k | 23.56 | 4.76 | 13.21 | 1.24 | 8.05 | 8.05 | 149.87 | 39.81 | 1.71 | 32.52 | 3.17 | 284,033.50 | 9.20 | 4.58 | 11.33 | 5.63 | 19.88 | 17.42 | 5.37 | 2.83 | 3.25 | 6.15 | 0.4486 | 0.00 | 9.64 | 5.95 | 53.94 | 28.33 | 5.78 | -- |
| IES Holdings Inc | 2.76bn | 193.75m | 5.70bn | 8.36k | 30.17 | 10.11 | 23.44 | 2.07 | 9.47 | 9.47 | 134.76 | 28.25 | 2.68 | 20.12 | 5.17 | 329,976.40 | 20.25 | 8.88 | 36.91 | 16.00 | 23.60 | 17.51 | 7.54 | 3.63 | 1.44 | 173.93 | 0.018 | -- | 9.71 | 22.08 | 211.51 | 44.52 | 31.09 | -- |
| Installed Building Products Inc | 2.91bn | 254.54m | 5.94bn | 10.60k | 23.37 | 8.26 | 16.79 | 2.04 | 9.00 | 9.00 | 102.92 | 25.46 | 1.46 | 11.25 | 6.13 | 274,700.60 | 12.75 | 10.54 | 15.46 | 13.00 | 33.94 | 31.12 | 8.74 | 7.10 | 2.50 | 10.92 | 0.5516 | 21.50 | 4.07 | 15.76 | 9.07 | 35.20 | 11.82 | -- |
| Sterling Infrastructure Inc | 2.10bn | 184.42m | 5.95bn | 3.00k | 32.80 | 8.34 | 22.75 | 2.83 | 5.90 | 5.90 | 67.24 | 23.21 | 1.12 | -- | 4.99 | 700,967.00 | 10.47 | 6.84 | 17.81 | 10.08 | 19.55 | 14.69 | 9.33 | 5.19 | -- | 394.59 | 0.3062 | -- | 11.46 | 13.71 | 43.36 | 40.97 | -- | -- |
| KB Home | 6.60bn | 610.04m | 6.03bn | 2.21k | 10.48 | 1.65 | 9.24 | 0.9128 | 7.84 | 7.84 | 84.53 | 49.81 | 0.9845 | 0.9589 | 34.51 | 2,995,091.00 | 9.16 | 8.83 | 10.90 | 10.66 | 21.34 | 21.50 | 9.31 | 9.13 | -- | -- | 0.2978 | 8.79 | -7.14 | 7.11 | -27.89 | 15.76 | 36.92 | 45.41 |
| Valmont Industries, Inc. | 4.05bn | 306.57m | 6.82bn | 11.13k | 22.58 | 4.46 | 16.96 | 1.68 | 15.07 | 15.07 | 198.66 | 76.29 | 1.16 | 4.36 | 4.66 | 364,338.50 | 8.78 | 5.68 | 11.38 | 7.33 | 29.88 | 26.55 | 7.56 | 5.06 | 1.55 | 12.88 | 0.3618 | 23.77 | -3.93 | 8.65 | -39.87 | 9.68 | 6.10 | 9.86 |
| Meritage Homes Corp | 6.43bn | 812.39m | 6.90bn | 1.84k | 8.64 | 1.37 | 8.22 | 1.07 | 22.09 | 22.09 | 174.93 | 139.02 | 0.9686 | 1.04 | 24.95 | 3,500,396.00 | 12.23 | 13.84 | 13.80 | 15.71 | 19.14 | 18.95 | 12.63 | 12.20 | -- | 428.44 | 0.2072 | 1.26 | -2.45 | 11.71 | -25.54 | 26.89 | 2.71 | -- |
| CSW Industrials Inc | 839.93m | 116.11m | 7.06bn | 2.60k | 56.80 | 6.85 | 45.04 | 8.41 | 7.40 | 7.36 | 53.56 | 61.36 | 0.7086 | 2.75 | 6.42 | 323,050.00 | 9.89 | 8.87 | 11.39 | 10.12 | 45.12 | 43.13 | 13.96 | 11.86 | 2.67 | 18.09 | 0.00 | 13.74 | 4.61 | 17.76 | 4.93 | 17.02 | 17.14 | -- |
| Taylor Morrison Home Corp | 7.83bn | 813.44m | 7.59bn | 2.80k | 9.70 | 1.33 | 8.86 | 0.969 | 7.56 | 7.56 | 72.70 | 55.14 | 0.883 | 0.9907 | 39.52 | 2,796,969.00 | 9.20 | 8.11 | 10.65 | 9.44 | 24.60 | 21.49 | 10.42 | 8.85 | -- | -- | 0.2724 | -- | -9.81 | 11.90 | -26.96 | 30.09 | 10.32 | -- |
| Fluor Corp | 15.74bn | 375.00m | 8.72bn | 30.19k | 21.83 | 4.07 | 22.09 | 0.5541 | 2.33 | 2.33 | 94.70 | 12.51 | 2.32 | -- | 7.51 | 521,549.00 | 4.92 | -4.80 | 9.19 | -9.61 | 3.77 | 1.96 | 2.12 | -2.38 | -- | -- | 0.3362 | -- | 12.59 | -3.87 | -21.70 | -11.36 | -12.06 | -- |
Data as of Nov 09 2024. Currency figures normalised to Meritage Homes Corp's reporting currency: US Dollar USD
48.89%Per cent of shares held by top holders
| Holder | Shares | % Held |
|---|---|---|
| BlackRock Fund Advisorsas of 30 Jun 2024 | 5.44m | 14.97% |
| The Vanguard Group, Inc.as of 30 Jun 2024 | 3.85m | 10.59% |
| SSgA Funds Management, Inc.as of 30 Jun 2024 | 1.70m | 4.68% |
| Dimensional Fund Advisors LPas of 30 Sep 2024 | 1.50m | 4.14% |
| T. Rowe Price Investment Management, Inc.as of 30 Jun 2024 | 1.32m | 3.64% |
| Geode Capital Management LLCas of 30 Jun 2024 | 855.95k | 2.36% |
| Fuller & Thaler Asset Management, Inc.as of 30 Jun 2024 | 815.90k | 2.25% |
| Citadel Advisors LLCas of 30 Jun 2024 | 803.12k | 2.21% |
| Greenhaven Associates, Inc.as of 30 Sep 2024 | 744.36k | 2.05% |
| Fisher Asset Management LLCas of 30 Jun 2024 | 731.67k | 2.01% |
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Data from 30 Jun 2024 - 30 Sep 2024Source: FactSet Research Systems Inc.
