Meritage Gross Profit from 2010 to 2024

MTH Stock  USD 182.84  2.59  1.40%   
Meritage's Gross Profit is increasing with slightly volatile movements from year to year. Gross Profit is estimated to finish at about 1.6 B this year. Gross Profit is the profit Meritage makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
1989-03-31
Previous Quarter
386.1 M
Current Value
449.7 M
Quarterly Volatility
124.9 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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.

Latest Meritage's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Meritage over the last few years. Gross profit is a required income statement account that reflects total revenue of Meritage minus its cost of goods sold. It is profit before Meritage operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Meritage's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Meritage's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.8 B10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Meritage Gross Profit Regression Statistics

Arithmetic Mean771,897,977
Geometric Mean545,117,664
Coefficient Of Variation72.26
Mean Deviation457,875,569
Median588,554,000
Standard Deviation557,808,837
Sample Variance311150.7T
Range1.8B
R-Value0.94
Mean Square Error37029.1T
R-Squared0.89
Slope117,636,416
Total Sum of Squares4356109.8T

Meritage Gross Profit History

20241.6 B
20231.5 B
20221.8 B
20211.4 B
2020976 M
2019700.2 M
2018653.2 M

Other Fundumenentals of Meritage

Meritage Gross Profit component correlations

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0.610.510.310.45-0.060.590.80.560.460.650.920.380.84-0.750.490.86-0.070.46-0.840.81-0.570.550.450.30.11
-0.31-0.350.34-0.38-0.06-0.22-0.06-0.42-0.320.20.07-0.33-0.14-0.25-0.37-0.080.310.21-0.010.070.55-0.44-0.36-0.170.21
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-0.55-0.630.8-0.68-0.070.31-0.550.22-0.62-0.630.130.14-0.670.0-0.02-0.64-0.040.12-0.08-0.120.37-0.72-0.8-0.60.44
0.40.360.150.310.460.210.390.730.290.340.340.440.310.56-0.540.340.460.12-0.710.55-0.280.30.230.06-0.11
-0.67-0.58-0.28-0.51-0.84-0.01-0.61-0.94-0.62-0.53-0.55-0.84-0.48-0.870.87-0.56-0.85-0.08-0.71-0.820.55-0.46-0.35-0.140.16
0.770.70.120.650.810.070.790.810.660.680.410.740.590.67-0.70.690.87-0.120.55-0.82-0.520.550.590.5-0.29
-0.75-0.730.24-0.72-0.570.55-0.62-0.53-0.7-0.68-0.16-0.46-0.7-0.670.36-0.73-0.630.37-0.280.55-0.52-0.73-0.6-0.290.38
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0.850.9-0.620.920.45-0.360.840.310.840.90.040.210.880.35-0.210.910.48-0.80.23-0.350.59-0.60.910.77-0.5
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-0.68-0.720.52-0.740.110.21-0.65-0.08-0.63-0.750.070.03-0.73-0.060.13-0.73-0.240.44-0.110.16-0.290.38-0.37-0.5-0.32
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About Meritage Financial Statements

Investors use fundamental indicators, such as Meritage's Gross Profit, 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
Gross Profit1.5 B1.6 B
Gross Profit Margin 0.25  0.14 

Currently Active Assets on Macroaxis

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:
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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
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.
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.