Meritage Homes CORP
MTH- Exchange
- NYSE
- Industry
- Operative Builders
- SEC CIK
- 0000833079
No open-market purchases or sales by Meritage Homes CORP insiders were filed in the last 90 days; 404 institutions reported holding it in 13F filings for Q2 2026, worth $5.67B in total; Greenhaven Associates is the only superinvestor holding it.
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Oct 31, 2026, 1:10 AM ET
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Jan 28, 2026 | Jan 29, 2025 | Jan 31, 2024 | Feb 1, 2023 | Jan 26, 2022 |
| Selling, general and administrative | $211.8M | $230.9M | $231.7M | $193.0M | $181.4M |
| Interest expense | $0 | $0 | $0 | $41.0K | $318.0K |
| Income tax | $131.6M | $216.7M | $210.7M | $297.1M | $217.4M |
| Net income | $453.0M | $786.2M | $738.7M | $992.2M | $737.4M |
| EPS, basic | $6.40 | $10.85 | $20.17 | $27.04 | $19.61 |
| EPS, diluted | $6.35 | $10.72 | $19.93 | $26.74 | $19.29 |
| Weighted shares, basic | 70.8M | 72.5M | 36.6M | 36.7M | 37.6M |
| Weighted shares, diluted | 71.3M | 73.3M | 37.1M | 37.1M | 38.2M |
| Margins and growth | |||||
| Net income growth, year over year | −42.4% | +6.4% | −25.5% | +34.5% | +74.1% |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Jan 28, 2026 | Jan 29, 2025 | Jan 31, 2024 | Feb 1, 2023 | Jan 26, 2022 |
| Cash and equivalents | $775.2M | $651.6M | $921.2M | $861.6M | $618.3M |
| Property, plant and equipment | $46.6M | $47.3M | $49.0M | $38.6M | $37.3M |
| Goodwill | $33.0M | $33.0M | $33.0M | $33.0M | $33.0M |
| Total assets | $7.62B | $7.16B | $6.35B | $5.77B | $4.81B |
| Total liabilities | $2.43B | $2.02B | $1.74B | $1.82B | $1.76B |
| Shareholders' equity | $5.20B | $5.14B | $4.61B | $3.95B | $3.04B |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Jan 28, 2026 | Jan 29, 2025 | Jan 31, 2024 | Feb 1, 2023 | Jan 26, 2022 |
| Operating cash flow | $118.3M | -$227.6M | $355.6M | $405.3M | -$152.1M |
| Capital expenditures | $25.7M | $28.7M | $38.2M | $27.0M | $25.7M |
| Free cash flow | $92.6M | -$256.2M | $317.4M | $378.3M | -$177.8M |
| Depreciation and amortization | $25.3M | $26.0M | $25.3M | $24.7M | $26.2M |
| Stock-based compensation | $19.7M | $25.8M | $22.5M | $22.3M | $20.1M |
| Dividends paid | $121.1M | $108.6M | $39.5M | – | – |
| Share buybacks | $295.0M | $125.9M | $59.1M | $109.3M | $61.0M |
| Investing cash flow | -$57.7M | -$44.1M | -$43.6M | -$32.3M | -$26.8M |
| Financing cash flow | $63.0M | $1.98M | -$252.3M | -$129.8M | $51.6M |
| Net change in cash | $123.6M | -$269.7M | $59.7M | $243.2M | -$127.3M |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
| Cover date | Shares outstanding | Change in a year | Filing |
|---|---|---|---|
| Oct 26, 2026 | 64.4M | −8.5% | SEC |
| Jul 27, 2026 | 65.2M | −8.4% | SEC |
| Apr 20, 2026 | 66.7M | −7.1% | SEC |
| Feb 9, 2026 | 66.8M | −6.9% | SEC |
| Oct 27, 2025 | 70.4M | +94.6% | SEC |
| Jul 21, 2025 | 71.2M | +95.9% | SEC |
| Apr 21, 2025 | 71.8M | +97.8% | SEC |
| Feb 14, 2025 | 71.8M | +98.4% | SEC |
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits. Stock splits since Dec 31, 2020, from 13F share counts: 2-for-1 in Q1 2025.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.