Meritage Homes Financial Statements
NYSE: MTHConsumer DiscretionaryHomebuildingUSD
58.81-1.82 (-3.00%)
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Meritage Homes revenue and earnings
Net income was $453.0 million (-42.4% year over year). Diluted earnings per share came in at $6.35, down from $10.72.
Summary generated from market data by MetaCap's automated system. Methodology
Meritage Homes income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — | — | — | 3.23B | 3.03B |
| Revenue growth (YoY) | — | — | — | — | — | — | — | — | +6.52% | +17.96% |
| Gross Profit | — | — | — | — | — | — | — | — | 566.50M | 531.21M |
| Selling, General & Admin | 616.17M | 639.92M | 616.63M | 516.25M | 466.85M | 446.92M | 392.82M | 380.38M | 345.69M | 338.89M |
| Interest Expense | 0 | 0 | 0 | 41.00K | 318.00K | 2.18M | 8.37M | 785.00K | 3.85M | 5.17M |
| Other Income (Expense) | 44.15M | 45.16M | 47.95M | 2.71M | 4.86M | 6.66M | 9.58M | 11.22M | 8.78M | 4.95M |
| Pretax Income | 584.60M | 1.00B | 949.43M | 1.29B | 954.83M | 533.57M | 302.94M | 283.25M | 247.52M | 218.06M |
| Income Tax | 131.59M | 216.68M | 210.68M | 297.13M | 217.39M | 110.09M | 53.28M | 55.92M | 104.26M | 68.52M |
| Net Income | 453.01M | 786.19M | 738.75M | 992.19M | 737.44M | 423.48M | 249.66M | 227.33M | 143.25M | 149.54M |
| Net Income growth (YoY) | -42.38% | +6.42% | -25.54% | +34.54% | +74.14% | +69.62% | +9.82% | +58.69% | -4.20% | +16.16% |
| EPS (Basic) | 6.40 | 10.85 | 10.09 | 13.52 | 19.61 | 11.23 | 6.55 | 5.67 | 3.56 | 3.74 |
| EPS (Diluted) | 6.35 | 10.72 | 9.96 | 13.37 | 19.29 | 11.00 | 6.42 | 5.58 | 3.41 | 3.55 |
| Shares Outstanding (Basic) | 70.82M | 72.48M | 73.24M | 73.39M | 37.61M | 37.72M | 38.10M | 40.11M | 40.29M | 39.98M |
| Shares Outstanding (Diluted) | 71.35M | 73.33M | 74.14M | 74.20M | 38.23M | 38.48M | 38.89M | 40.73M | 42.23M | 42.59M |
| Gross Margin | — | — | — | — | — | — | — | — | 17.56% | 17.54% |
| Net Margin | — | — | — | — | — | — | — | — | 4.44% | 4.94% |
This table shows 10 annual periods of Meritage Homes's income statement, from FY 2025 back to FY 2016, across 18 line items including revenue, gross profit, operating expenses. Values in USD; B = billions, M = millions. Fiscal periods follow MTH's reporting calendar. What is a income statement?