MTH Meritage Homes Corp

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

Price (delayed)

$64.855

Market cap

$4.18B

P/E Ratio

14.48

Dividend/share

$1.87

EPS

$4.48

Enterprise value

$5.35B

Sign up for free to view scoring metrics ?
Relative Growth: Rel. Growth:
Relative Strength: Rel. Strength:
Relative Valuation: Rel. Valuation:
Relative Profitability: Rel. Profitability: 35

Meritage is the fifth-largest public homebuilder in the United States, based on homes closed in 2023. The Company offers energy-efficient and affordable entry-level and first move-up homes. Operations span across ...

Highlights
The price to earnings (P/E) is 95% higher than the 5-year quarterly average of 7.6 and 13% higher than the last 4 quarters average of 13.2
The company's net income fell by 45% YoY and by 10% QoQ
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

MTH stock price

How has the Meritage Homes stock price performed over time
Intraday
-2.52%
1 week
-8.69%
1 month
12.11%
1 year
-4.37%
YTD
-1.44%
QTD
3.19%

Financial performance

How have Meritage Homes's revenue and profit performed over time
Revenue
$5.15B
Gross profit
$916.52M
Operating income
$364.92M
Net income
$297.75M
Gross margin
17.8%
Net margin
5.8%
Meritage Homes's operating income has decreased by 46% YoY and by 10% QoQ
The company's net income fell by 45% YoY and by 10% QoQ
The operating margin fell by 37% YoY and by 5% QoQ
The company's net margin fell by 36% YoY and by 4.9% QoQ

Price vs fundamentals

How does MTH's price correlate with its fundamentals

Growth

What is Meritage Homes's growth rate over time

Valuation

What is Meritage Homes stock price valuation
MTH P/E details
P/E
14.48
P/B
0.84
P/S
0.82
EV/EBIT
13.9
EV/EBITDA
13.09
EV/Sales
1.04
The price to earnings (P/E) is 95% higher than the 5-year quarterly average of 7.6 and 13% higher than the last 4 quarters average of 13.2
The EPS has declined by 41% year-on-year and by 7% since the previous quarter
MTH's P/B is 22% below its 5-year quarterly average of 1.1 and 4.4% below its last 4 quarters average of 0.9
The equity has contracted by 4.6% YoY
The company's revenue fell by 15% YoY and by 4.6% QoQ
MTH's price to sales (P/S) is 5% higher than its 5-year quarterly average of 0.8 and 5% higher than its last 4 quarters average of 0.8

Efficiency

How efficient is Meritage Homes business performance
The company's return on invested capital fell by 47% YoY and by 10% QoQ
Meritage Homes's ROA has decreased by 45% YoY and by 9% from the previous quarter
MTH's ROE is down by 44% YoY and by 9% QoQ
The return on sales has declined by 35% year-on-year and by 5% since the previous quarter

Dividends

What is MTH's dividend history
Dividend details
DPS
$1.87
Dividend yield
2.88%
Payout ratio
41.7%
Recent dividends

Special dividends are included in TTM DPS and yield

Financial health

How did Meritage Homes financials performed over time
MTH's total assets is 198% greater than its total liabilities
The total liabilities rose by 3% YoY
MTH's total assets is down by 2.2% year-on-year
The company's debt is 63% lower than its equity
The debt to equity has grown by 6% YoY
The equity has contracted by 4.6% YoY

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