Meritage Financial Statements From 2010 to 2024

Stocks . USA . 
Stock . Meritage
MTH Stock  USD 182.84  2.59  1.40%   
Meritage financial statements provide useful quarterly and yearly information to potential Meritage investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Meritage financial statements helps investors assess Meritage's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Meritage's valuation are summarized below:
Gross Profit
1.8 B
Profit Margin
0.1298
Market Capitalization
6.7 B
Enterprise Value Revenue
1.0867
Revenue
6.5 B
We have found one hundred twenty available fundamental ratios for Meritage, which can be analyzed and compared to other ratios and to its peers in the industry. Traders should compare all of Meritage last-minute fundamentals against the fundamentals between 2010 and 2024 to make sure the company is sustainable this year. The Meritage's current Market Cap is estimated to increase to about 3 B. The Meritage's current Enterprise Value is estimated to increase to about 3.2 B

Meritage Total Revenue

6.42 Billion

Check Meritage financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Meritage's main balance sheet or income statement drivers, such as Interest Expense of 0.0, Total Revenue of 6.4 B or Gross Profit of 1.6 B, as well as many indicators such as Price To Sales Ratio of 0.99, Dividend Yield of 0.0068 or PTB Ratio of 1.02. Meritage financial statements analysis is a perfect complement when working with Meritage Valuation or Volatility modules.
  
Check out the analysis of Meritage Correlation against competitors.
For more detail on how to invest in Meritage Stock please use our How to Invest in Meritage guide.

Meritage Balance Sheet

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Total Assets6.7 B6.4 B3.4 B
Slightly volatile
Short and Long Term Debt Total707.2 M1.1 B1.1 B
Pretty Stable
Total Stockholder Equity4.8 B4.6 B2 B
Slightly volatile
Net Debt134 M141 M582.4 M
Slightly volatile
Retained Earnings4.5 B4.3 B1.6 B
Slightly volatile
Non Current Assets Total643.6 M332.3 M462.3 M
Very volatile
Common Stock Shares Outstanding32.7 M37.1 M36.7 M
Slightly volatile
Liabilities And Stockholders Equity6.7 B6.4 B3.4 B
Slightly volatile
Non Current Liabilities Total674.9 M1.1 B965.9 M
Slightly volatile
Other Stockholder Equity289.8 M291 M432.7 M
Very volatile
Total Liabilities901.7 M1.7 B1.3 B
Slightly volatile
Cash967.3 M921.2 M402.5 M
Slightly volatile
Cash And Short Term Investments967.3 M921.2 M412.4 M
Slightly volatile
Total Current Assets6.3 B6 B2.9 B
Slightly volatile
Total Current Liabilities673.7 M641.6 M377.2 M
Slightly volatile
Property Plant And Equipment Net46.5 M49 M91.2 M
Slightly volatile
Accounts Payable285.2 M271.6 M150.8 M
Slightly volatile
Net Receivables280.3 M267 M100.9 M
Slightly volatile
Common Stock Total Equity325.3 K420.9 K359.3 K
Slightly volatile
Property Plant And Equipment Gross134.3 M122.7 M59.9 M
Slightly volatile
Common Stock328.1 K364 K355.6 K
Slightly volatile
Other Liabilities33.7 M43.7 M31 M
Slightly volatile
Long Term Debt846.3 M1 B952.6 M
Slightly volatile
Inventory5 B4.7 B2.6 B
Slightly volatile
Property Plant Equipment30.8 M44.4 M32.3 M
Slightly volatile
Net Tangible Assets4.8 B4.5 B2 B
Slightly volatile
Retained Earnings Total Equity4.4 B4.2 B1.6 B
Slightly volatile
Long Term Debt Total1.1 B1.3 B1 B
Slightly volatile
Capital Surpluse382.9 M295.1 M460 M
Slightly volatile
Long Term Investments29.2 M17.2 M44.2 M
Slightly volatile
Current Deferred Revenue32.8 M36.6 M27.7 M
Slightly volatile
Non Current Liabilities Other45.8 M43.7 M21.2 M
Slightly volatile
Short and Long Term Debt13.7 M14.4 M468.9 M
Slightly volatile
Cash And Equivalents496.4 M990.8 M362.4 M
Slightly volatile
Net Invested Capital4.3 B5.6 B3.4 B
Slightly volatile
Net Working Capital3.7 B5.4 B3.1 B
Slightly volatile
Capital Stock298.8 K364 K372.5 K
Slightly volatile
Capital Lease Obligations36.4 M54 M34 M
Very volatile

Meritage Income Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Total Revenue6.4 B6.1 B3.4 B
Slightly volatile
Gross Profit1.6 B1.5 B771.9 M
Slightly volatile
Other Operating Expenses5.1 B4.8 B2.9 B
Slightly volatile
Operating Income1.3 B1.3 B477.6 M
Slightly volatile
EBIT1.3 B1.3 B478.9 M
Slightly volatile
EBITDA1.3 B1.3 B493.7 M
Slightly volatile
Total Operating Expenses190.7 M231.7 M293.1 M
Slightly volatile
Depreciation And Amortization15.5 M25.3 M17.5 M
Slightly volatile
Selling General Administrative139.5 M231.7 M126.2 M
Slightly volatile
Cost Of Revenue4.8 B4.6 B2.6 B
Slightly volatile
Selling And Marketing Expenses220.3 M384.9 M209.8 M
Slightly volatile
Tax Provision146.4 M230.5 M109.9 M
Slightly volatile
Reconciled Depreciation28 M24.8 M21.6 M
Slightly volatile

Meritage Cash Flow Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow904.6 M861.6 M343.8 M
Slightly volatile
End Period Cash Flow967.3 M921.2 M402.4 M
Slightly volatile
Depreciation15.5 M25.3 M17.5 M
Slightly volatile
Stock Based Compensation14.6 M22.5 M15.1 M
Slightly volatile

Financial Ratios

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.991.03930.7354
Very volatile
Dividend Yield0.00680.00710.0134
Slightly volatile
PTB Ratio1.021.38321.2348
Pretty Stable
Days Sales Outstanding16.6715.87679.1808
Slightly volatile
Book Value Per Share13212653.6426
Slightly volatile
Average Payables24.3 M40.9 M41.4 M
Pretty Stable
Stock Based Compensation To Revenue0.00550.00370.005
Slightly volatile
Capex To Depreciation0.871.50751.1033
Very volatile
PB Ratio1.021.38321.2348
Pretty Stable
EV To Sales1.011.06231.3414
Slightly volatile
ROIC0.09670.17260.1019
Slightly volatile
Inventory Turnover0.820.97820.9863
Slightly volatile
Days Of Inventory On Hand397373371
Slightly volatile
Payables Turnover15.4517.00217.1307
Slightly volatile
Sales General And Administrative To Revenue0.06570.03780.0491
Slightly volatile
Capex To Revenue0.00750.00620.0065
Pretty Stable
Cash Per Share26.4125.157111.1477
Slightly volatile
Interest Coverage29.7 K28.3 K6.2 K
Slightly volatile
Payout Ratio0.05850.06150.0804
Slightly volatile
Days Payables Outstanding27.6421.468125.3261
Slightly volatile
Net Debt To EBITDA0.140.144517.1017
Slightly volatile
Current Ratio9.859.38386.9952
Slightly volatile
Tangible Book Value Per Share12612051.6031
Slightly volatile
Receivables Turnover21.8422.989748.3875
Slightly volatile
Graham Number251239102
Slightly volatile
Shareholders Equity Per Share13212653.6426
Slightly volatile
Debt To Equity0.230.2420.8211
Slightly volatile
Capex Per Share1.11.0430.5567
Slightly volatile
Average Receivables2.2 M2.2 M2 M
Slightly volatile
Revenue Per Share17616890.0847
Slightly volatile
Interest Debt Per Share16.6730.48426.6631
Slightly volatile
Debt To Assets0.170.17570.3586
Slightly volatile
Enterprise Value Over EBITDA6.356.682648.2207
Slightly volatile
Operating Cycle408389324
Slightly volatile
Price Book Value Ratio1.021.38321.2348
Pretty Stable
Days Of Payables Outstanding27.6421.468125.3261
Slightly volatile
Dividend Payout Ratio0.05850.06150.0804
Slightly volatile
Operating Profit Margin0.220.2070.1657
Pretty Stable
Company Equity Multiplier1.311.37762.0677
Slightly volatile
Long Term Debt To Capitalization0.180.18720.4054
Slightly volatile
Total Debt To Capitalization0.190.19490.4073
Slightly volatile
Return On Capital Employed0.230.22240.1267
Slightly volatile
Debt Equity Ratio0.230.2420.8211
Slightly volatile
Ebit Per Revenue0.220.2070.1657
Pretty Stable
Net Income Per E B T0.720.77810.9603
Slightly volatile
Cash Ratio1.511.43580.9594
Slightly volatile
Days Of Inventory Outstanding397373371
Slightly volatile
Days Of Sales Outstanding16.6715.87679.1808
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio1.050.89261.3602
Pretty Stable
Price To Book Ratio1.021.38321.2348
Pretty Stable
Fixed Asset Turnover13212587.0832
Slightly volatile
Enterprise Value Multiple6.356.682648.2207
Slightly volatile
Debt Ratio0.170.17570.3586
Slightly volatile
Price Sales Ratio0.991.03930.7354
Very volatile
Asset Turnover0.770.96610.9103
Slightly volatile
Gross Profit Margin0.140.24750.2036
Slightly volatile
Price Fair Value1.021.38321.2348
Pretty Stable

Meritage Valuation Data

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Market Cap3 B2.8 B2.9 B
Slightly volatile
Enterprise Value3.2 B3.1 B3.2 B
Slightly volatile

Meritage Fundamental Market Drivers

Forward Price Earnings8.8968
Cash And Short Term Investments921.2 M

Meritage Upcoming Events

31st of January 2024
Upcoming Quarterly Report
View
24th of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
31st of January 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Meritage Financial Statements

Investors use fundamental indicators, such as Meritage's revenue or net income, to determine how well the company is positioned to perform in the future. Although Meritage's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Current Deferred Revenue36.6 M32.8 M
Total Revenue6.1 B6.4 B
Cost Of Revenue4.6 B4.8 B
Stock Based Compensation To Revenue 0.00  0.01 
Sales General And Administrative To Revenue 0.04  0.07 
Capex To Revenue 0.01  0.01 
Revenue Per Share 167.61  175.99 
Ebit Per Revenue 0.21  0.22 

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When determining whether Meritage offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Meritage's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Meritage Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Meritage Stock:
How To Invest In Meritage
Details
Is Meritage Stock a good investment?
Details
What is Meritage's Net Worth?
Details
Largest Household Durables Companies
View
Largest Consumer Durables & Apparel Companies
View
Check out the analysis of Meritage Correlation against competitors.
For more detail on how to invest in Meritage Stock please use our How to Invest in Meritage guide.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Is Household Durables space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Meritage. If investors know Meritage will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Meritage listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.257
Dividend Share
2.04
Earnings Share
22.75
Revenue Per Share
177.277
Quarterly Revenue Growth
0.082
The market value of Meritage is measured differently than its book value, which is the value of Meritage that is recorded on the company's balance sheet. Investors also form their own opinion of Meritage's value that differs from its market value or its book value, called intrinsic value, which is Meritage's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Meritage's market value can be influenced by many factors that don't directly affect Meritage's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Altman
Z Score
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Piotroski
F Score
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Beneish
M Score
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Financial
Analysis
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Buy or Sell
Advice
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Earnings
Projections
Details
Please note, there is a significant difference between Meritage's value and its price as these two are different measures arrived at by different means. Investors typically determine if Meritage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Meritage's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
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