MTH · NYSE · Residential Construction

Meritage Homes (MTH)

Builds move-in-ready homes for entry-level and first move-up buyers across U.S. growth markets.

$66.46
vs last close+2.11 (+3.28%)

In millions of USD, except per-share figures

In millionsQ3 FY23Sep 2023Q4 FY23Dec 2023Q1 FY24Mar 2024Q2 FY24Jun 2024Q3 FY24Sep 2024Q4 FY24Dec 2024Q1 FY25Mar 2025Q2 FY25Jun 2025Q3 FY25Sep 2025Q4 FY25Dec 2025Q1 FY26Mar 2026Q2 FY26Jun 2026
Revenue1,6191,6601,4751,7021,5971,6221,3651,6331,4241,4361,1231,471
Cost of revenue1,1841,2381,0971,2581,2001,2411,0621,2871,1481,2009231,143
Gross profit436422377444396380302346272235196328
162176152158157173152164152149131144
16217615215815717315216415214951144
Selling & marketing991071021059810595109100101092
General & administrative636951535968575552485152
Other expenses0000000000790
Operating income2732462252862392081511821208665184
121391111149118177−63
Interest expense000000000012
Other non-operating income0−13−9−11−11−14−9−11−8−17−88
Income before tax28625923429725022216019312810373121
Income tax expense646048665449374629191730
Net income from continuing operations22219918623219617312314799845591
Net income22219918623219617312314799845591
EPS, basic$3.03$2.73$2.56$3.19$2.71$2.39$1.71$2.05$1.40$1.21$0.82$1.37
EPS, diluted$2.99$2.69$2.53$3.16$2.67$2.36$1.69$2.04$1.39$1.20$0.82$1.37
Weighted average shares, basic737373737272727271696767
Weighted average shares, diluted747474737373737271706767
EBITDA28026724030425622816620013411078182
Depreciation & amortization686777676756
EBIT27325923429725022216019312810373176