MTH Meritage Homes CORP

Price (delayed)

$172.63

Market cap

$6.24B

P/E Ratio

8.56

Dividend/share

$1.56

EPS

$20.17

Enterprise value

$6.33B

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 17% YoY and by 4.3% from the previous quarter
The company's debt fell by 12% YoY
The price to earnings (P/E) is 36% higher than the last 4 quarters average of 6.3 and 28% higher than the 5-year quarterly average of 6.7
The company's net income fell by 26% YoY and by 8% QoQ

Key stats

What are the main financial stats of MTH
Market
Shares outstanding
36.17M
Market cap
$6.24B
Enterprise value
$6.33B
Valuations
Price to book (P/B)
1.36
Price to sales (P/S)
1.03
EV/EBIT
6.67
EV/EBITDA
6.49
EV/Sales
1.03
Earnings
Revenue
$6.14B
EBIT
$949.43M
EBITDA
$974.76M
Free cash flow
$317.8M
Per share
EPS
$20.17
Free cash flow per share
$8.68
Book value per share
$126.53
Revenue per share
$167.63
TBVPS
$173.49
Balance sheet
Total assets
$6.35B
Total liabilities
$1.74B
Debt
$1.01B
Equity
$4.61B
Working capital
N/A
Liquidity
Debt to equity
0.22
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
0.09
Margins
EBITDA margin
15.9%
Gross margin
24.7%
Net margin
12%
Operating margin
14.7%
Efficiency
Return on assets
12.1%
Return on equity
17%
Return on invested capital
15.4%
Return on capital employed
N/A
Return on sales
15.5%
Dividend
Dividend yield
0.9%
DPS
$1.56
Payout ratio
7.7%

MTH stock price

How has the Meritage Homes stock price performed over time
Intraday
3.46%
1 week
5.31%
1 month
10.52%
1 year
52.02%
YTD
-0.9%
QTD
-0.9%

Financial performance

How have Meritage Homes's revenue and profit performed over time
Revenue
$6.14B
Gross profit
$1.52B
Operating income
$902.39M
Net income
$738.75M
Gross margin
24.7%
Net margin
12%
Meritage Homes's operating income has decreased by 30% YoY and by 9% QoQ
The operating margin fell by 28% YoY and by 4.5% QoQ
The company's net income fell by 26% YoY and by 8% QoQ
The company's net margin fell by 24% YoY and by 3.2% QoQ

Growth

What is Meritage Homes's growth rate over time

Valuation

What is Meritage Homes stock price valuation
P/E
8.56
P/B
1.36
P/S
1.03
EV/EBIT
6.67
EV/EBITDA
6.49
EV/Sales
1.03
The price to earnings (P/E) is 36% higher than the last 4 quarters average of 6.3 and 28% higher than the 5-year quarterly average of 6.7
The EPS has declined by 25% year-on-year and by 8% since the previous quarter
The equity has grown by 17% YoY and by 4.3% from the previous quarter
MTH's P/B is 13% above its 5-year quarterly average of 1.2 and 13% above its last 4 quarters average of 1.2
MTH's price to sales (P/S) is 47% higher than its 5-year quarterly average of 0.7 and 29% higher than its last 4 quarters average of 0.8
The company's revenue fell by 5% QoQ and by 2.4% YoY

Efficiency

How efficient is Meritage Homes business performance
MTH's ROE is down by 39% YoY and by 11% QoQ
Meritage Homes's ROA has decreased by 34% YoY and by 10% from the previous quarter
The company's return on invested capital fell by 27% YoY and by 9% QoQ
The return on sales has declined by 24% year-on-year and by 2.5% since the previous quarter

Dividends

What is MTH's dividend history
DPS
$1.56
Dividend yield
0.9%
Payout ratio
7.7%
Recent dividends

Financial health

How did Meritage Homes financials performed over time
MTH's total assets is up by 10% year-on-year and by 2.8% since the previous quarter
The total liabilities fell by 4.5% YoY
The company's debt is 78% lower than its equity
The debt to equity has contracted by 24% YoY and by 4.3% from the previous quarter
The equity has grown by 17% YoY and by 4.3% from the previous quarter

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