MTH Meritage Homes CORP

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

Price (delayed)

$111.74

Market cap

$4.09B

P/E Ratio

4.13

Dividend/share

N/A

EPS

$27.04

Enterprise value

$4.38B

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 EPS rose by 38% year-on-year and by 3.1% since the previous quarter
The company's net income rose by 35% YoY and by 2.6% QoQ
The price to earnings (P/E) is 44% lower than the 5-year quarterly average of 7.3 but 28% higher than the last 4 quarters average of 3.2
The gross margin has declined by 4.3% since the previous quarter but it has increased by 2.5% year-on-year
Sector: Consumer Cyclical
Industry: Residential Construction
Website: http://www.meritagehomes.com
Peers: MHO NVR DHI KBH

Key stats

What are the main financial stats of MTH
Market
Shares outstanding
36.57M
Market cap
$4.09B
Enterprise value
$4.38B
Valuations
Price to earnings (P/E)
4.13
Price to book (P/B)
1.03
Price to sales (P/S)
0.65
EV/EBIT
3.39
EV/EBITDA
3.33
EV/Sales
0.69
Earnings
Revenue
$6.3B
EBIT
$1.29B
EBITDA
$1.31B
Free cash flow
$378.78M
Per share
EPS
$27.04
Free cash flow per share
$10.32
Book value per share
$108
Revenue per share
$171.64
TBVPS
$157.3
Balance sheet
Total assets
$5.77B
Total liabilities
$1.82B
Debt
$1.15B
Equity
$3.95B
Working capital
N/A
Liquidity
Debt to equity
0.29
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
0.22
Margins
EBITDA margin
20.9%
Gross margin
28.6%
Net margin
15.8%
Operating margin
20.4%
Efficiency
Return on assets
18.3%
Return on equity
27.9%
Return on invested capital
21.1%
Return on capital employed
N/A
Return on sales
20.5%
Dividend
Dividend yield
N/A
DPS
N/A
Payout ratio
N/A

MTH stock price

How has the Meritage Homes stock price performed over time
Intraday
0.88%
1 week
4.92%
1 month
4.09%
1 year
21%
YTD
21.19%
QTD
21.19%

Financial performance

How have Meritage Homes's revenue and profit performed over time
Revenue
$6.3B
Gross profit
$1.8B
Operating income
$1.29B
Net income
$992.19M
Gross margin
28.6%
Net margin
15.8%
The company's net income rose by 35% YoY and by 2.6% QoQ
Meritage Homes's operating income has increased by 33% YoY and by 2.3% QoQ
The gross profit has increased by 26% year-on-year and by 3.9% since the previous quarter
The company's revenue rose by 22% YoY and by 9% QoQ

Growth

What is Meritage Homes's growth rate over time

Valuation

What is Meritage Homes stock price valuation
P/E
4.13
P/B
1.03
P/S
0.65
EV/EBIT
3.39
EV/EBITDA
3.33
EV/Sales
0.69
The price to earnings (P/E) is 44% lower than the 5-year quarterly average of 7.3 but 28% higher than the last 4 quarters average of 3.2
The EPS rose by 38% year-on-year and by 3.1% since the previous quarter
The equity has grown by 30% YoY and by 7% from the previous quarter
MTH's P/B is 29% above its last 4 quarters average of 0.8 but 6% below its 5-year quarterly average of 1.1
MTH's price to sales (P/S) is 30% higher than its last 4 quarters average of 0.5 and 8% higher than its 5-year quarterly average of 0.6
The company's revenue rose by 22% YoY and by 9% QoQ

Efficiency

How efficient is Meritage Homes business performance
The return on sales rose by 10% year-on-year but it has declined by 6% since the previous quarter
Meritage Homes's ROA has increased by 10% YoY but it has decreased by 2.1% from the previous quarter
The company's return on invested capital rose by 9% YoY
MTH's ROE is down by 4.1% QoQ but it is up by 3.7% YoY

Dividends

What is MTH's dividend
DPS
N/A
Dividend yield
N/A
Payout ratio
N/A

There are no recent dividends present for MTH.

Financial health

How did Meritage Homes financials performed over time
MTH's total assets is up by 20% year-on-year and by 3.6% since the previous quarter
The total liabilities fell by 3.5% QoQ but it rose by 3.4% YoY
The company's debt is 71% lower than its equity
The equity has grown by 30% YoY and by 7% from the previous quarter
The debt to equity has contracted by 24% YoY and by 6% from the previous quarter

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