MTH Meritage Homes Corp

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

Price (delayed)

$64.22

Market cap

$4.19B

P/E Ratio

13.3

Dividend/share

$1.82

EPS

$4.83

Enterprise value

$5.23B

?
Relative Growth: Rel. Growth: 20
Relative Strength: Rel. Strength: 27
Relative Valuation: Rel. Valuation: 76
Relative Profitability: Rel. Profitability: 37

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 85% higher than the 5-year quarterly average of 7.2 and 10% higher than the last 4 quarters average of 12.1
The company's net income fell by 48% YoY and by 15% 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
3.66%
1 week
-4.62%
1 month
-13%
1 year
-20.77%
YTD
-2.4%
QTD
-23.41%

Financial performance

How have Meritage Homes's revenue and profit performed over time
Revenue
$5.39B
Gross profit
$964.51M
Operating income
$389.01M
Net income
$329.27M
Gross margin
17.9%
Net margin
6.1%
Meritage Homes's operating income has shrunk by 50% YoY and by 15% QoQ
The company's net income fell by 48% YoY and by 15% QoQ
The operating margin fell by 42% YoY and by 11% QoQ
The company's net margin fell by 41% YoY and by 12% 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
13.3
P/B
0.85
P/S
0.78
EV/EBIT
12.23
EV/EBITDA
11.58
EV/Sales
0.97
The price to earnings (P/E) is 85% higher than the 5-year quarterly average of 7.2 and 10% higher than the last 4 quarters average of 12.1
The EPS has declined by 46% year-on-year and by 12% since the previous quarter
MTH's P/B is 23% below its 5-year quarterly average of 1.1 and 6% below its last 4 quarters average of 0.9
The equity has contracted by 4% YoY
MTH's price to sales (P/S) is 13% lower than its last 4 quarters average of 0.9 and 2.5% lower than its 5-year quarterly average of 0.8
The company's revenue fell by 13% YoY and by 4% QoQ

Efficiency

How efficient is Meritage Homes business performance
The company's return on invested capital has shrunk by 51% YoY and by 14% QoQ
Meritage Homes's ROA has plunged by 50% YoY and by 14% from the previous quarter
MTH's ROE is down by 48% YoY and by 14% QoQ
The return on sales has declined by 41% year-on-year and by 11% since the previous quarter

Dividends

What is MTH's dividend history
Dividend details
DPS
$1.82
Dividend yield
2.83%
Payout ratio
37.7%
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 down by 2.6% year-on-year
The company's debt is 63% lower than its equity
The debt to equity has grown by 6% YoY and by 2.8% from the previous quarter
The equity has contracted by 4% YoY

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