Meritage Homes Cash Flow Statement
NYSE: MTHConsumer DiscretionaryHomebuildingUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Meritage Homes free cash flow
In fiscal 2025, Meritage Homes generated $118.3 million of operating cash flow and spent $25.7 million on capital expenditures. That left free cash flow of $92.6 million. Meritage Homes returned $416.1 million to shareholders: $121.1 million in dividends and $295.0 million in share repurchases, equal to 449% of free cash flow.
Free cash flow covered dividend payments 0.8 times.
Summary generated from market data by MetaCap's automated system. Methodology
Meritage Homes cash flow 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 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% |
| Depreciation & Amortization | 25.29M | 25.96M | 25.33M | 24.75M | 26.25M | 31.05M | 27.92M | 26.97M | 16.70M | 15.98M |
| Stock-Based Compensation | 19.68M | 25.81M | 22.51M | 22.33M | 20.07M | 20.00M | 19.61M | 17.17M | 12.06M | 13.74M |
| Change in Working Capital | -377.72M | -1.04B | -336.15M | -552.19M | -854.36M | 49.68M | 41.88M | -37.67M | -287.64M | -268.05M |
| Operating Cash Flow | 118.29M | -227.58M | 355.57M | 405.27M | -152.09M | 530.36M | 346.82M | 262.20M | -87.13M | -103.40M |
| Capital Expenditures | -25.72M | -28.66M | -38.19M | -26.97M | -25.66M | -19.93M | -24.39M | -33.41M | -18.10M | -16.66M |
| Investing Cash Flow | -57.70M | -44.07M | -43.62M | -32.29M | -26.82M | -18.23M | -13.49M | -33.53M | -17.07M | -20.11M |
| Dividends Paid | -121.07M | -108.59M | -39.53M | 0 | 0 | — | — | — | — | — |
| Share Repurchases | -295.00M | -125.93M | -59.07M | -109.30M | -60.99M | -69.59M | -16.04M | -100.00M | 0 | 0 |
| Debt Issued | 497.19M | 575.00M | 0 | 0 | 450.00M | 0 | 0 | 206.00M | 300.00M | 0 |
| Financing Cash Flow | 63.01M | 1.98M | -252.28M | -129.76M | 51.63M | -85.97M | -325.33M | -87.95M | 143.25M | -7.00M |
| Net Change in Cash | 123.60M | -269.67M | 59.67M | 243.23M | -127.29M | 426.15M | 8.00M | 140.72M | 39.04M | -130.51M |
| Free Cash Flow | 92.57M | -256.23M | 317.38M | 378.30M | -177.76M | 510.43M | 322.44M | 228.78M | -105.23M | -120.06M |
This table shows 10 annual periods of Meritage Homes's cash flow statement, from FY 2025 back to FY 2016, across 13 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow MTH's reporting calendar. What is a cash flow statement?