MTH Meritage Homes CORP

  1. Stocks
  2. Consumer Cyclical
  3. NYSE: MTH

Price (delayed)

$200.1

Market cap

$7.27B

P/E Ratio

9.22

Dividend/share

$2.04

EPS

$21.71

Enterprise value

$7.36B

Meritage Homes is the sixth-largest public homebuilder in the United States, based on homes closed in 2020. Meritage offers a variety of homes that are designed with a focus on ...

Highlights
The equity has grown by 16% YoY and by 2.4% from the previous quarter
The company's debt fell by 13% YoY
The EPS has declined by 12% year-on-year but it rose by 8% since the previous quarter
The company's net income fell by 12% YoY but it rose by 7% QoQ
The price to earnings (P/E) is 35% higher than the 5-year quarterly average of 6.6 and 25% higher than the last 4 quarters average of 7.1
Sector: Consumer Cyclical
Industry: Residential Construction
Website: http://www.meritagehomes.com
Peers: DHI NVR MHO KBH

Key stats

What are the main financial stats of MTH
Market
Shares outstanding
36.32M
Market cap
$7.27B
Enterprise value
$7.36B
Valuations
Price to earnings (P/E)
9.22
Price to book (P/B)
1.53
Price to sales (P/S)
1.15
EV/EBIT
7.23
EV/EBITDA
7.05
EV/Sales
1.16
Earnings
Revenue
$6.33B
EBIT
$1.02B
EBITDA
$1.04B
Free cash flow
$277.85M
Per share
EPS
$21.71
Free cash flow per share
$7.65
Book value per share
$130.51
Revenue per share
$174.27
TBVPS
$178.71
Balance sheet
Total assets
$6.49B
Total liabilities
$1.77B
Debt
$1B
Equity
$4.72B
Working capital
N/A
Liquidity
Debt to equity
0.21
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
0.09
Margins
EBITDA margin
16.5%
Gross margin
25.4%
Net margin
12.5%
Operating margin
15.3%
Efficiency
Return on assets
12.6%
Return on equity
17.6%
Return on invested capital
16.1%
Return on capital employed
N/A
Return on sales
16.1%
Dividend
Dividend yield
1.02%
DPS
$2.04
Payout ratio
9.4%

MTH stock price

How has the Meritage Homes stock price performed over time
Intraday
3.59%
1 week
5.26%
1 month
23.38%
1 year
42.24%
YTD
14.87%
QTD
23.63%

Financial performance

How have Meritage Homes's revenue and profit performed over time
Revenue
$6.33B
Gross profit
$1.61B
Operating income
$970.92M
Net income
$793.46M
Gross margin
25.4%
Net margin
12.5%
The operating margin fell by 17% YoY but it rose by 4.1% QoQ
Meritage Homes's operating income has decreased by 16% YoY but it has increased by 8% QoQ
The company's net margin fell by 13% YoY but it rose by 4.2% QoQ
The company's net income fell by 12% YoY but it rose by 7% QoQ

Growth

What is Meritage Homes's growth rate over time

Valuation

What is Meritage Homes stock price valuation
MTH P/E details
P/E
9.22
P/B
1.53
P/S
1.15
EV/EBIT
7.23
EV/EBITDA
7.05
EV/Sales
1.16
The price to earnings (P/E) is 35% higher than the 5-year quarterly average of 6.6 and 25% higher than the last 4 quarters average of 7.1
The EPS has declined by 12% year-on-year but it rose by 8% since the previous quarter
MTH's P/B is 23% above its 5-year quarterly average of 1.2 and 23% above its last 4 quarters average of 1.2
The equity has grown by 16% YoY and by 2.4% from the previous quarter
MTH's price to sales (P/S) is 59% higher than its 5-year quarterly average of 0.7 and 23% higher than its last 4 quarters average of 0.9
The company's revenue rose by 3.1% QoQ

Efficiency

How efficient is Meritage Homes business performance
MTH's ROE is down by 27% YoY but it is up by 3.5% QoQ
Meritage Homes's ROA has decreased by 22% YoY but it has increased by 4.1% from the previous quarter
The company's return on invested capital fell by 15% YoY but it rose by 4.5% QoQ
The return on sales has declined by 13% year-on-year but it rose by 3.9% since the previous quarter

Dividends

What is MTH's dividend history
Dividend details
DPS
$2.04
Dividend yield
1.02%
Payout ratio
9.4%
Recent dividends

Financial health

How did Meritage Homes financials performed over time
MTH's total assets is up by 11% year-on-year and by 2.1% since the previous quarter
The company's debt is 79% lower than its equity
The debt to equity has contracted by 25% YoY and by 4.5% from the previous quarter
The equity has grown by 16% YoY and by 2.4% from the previous quarter

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.