MTH Meritage Homes CORP

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

Price (delayed)

$122.39

Market cap

$4.5B

P/E Ratio

5.32

Dividend/share

$0.81

EPS

$23.01

Enterprise value

$4.49B

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 24% YoY and by 4.5% from the previous quarter
The company's revenue rose by 18% YoY and by 2.5% QoQ
The price to earnings (P/E) is 27% higher than the last 4 quarters average of 4.2 but 22% lower than the 5-year quarterly average of 6.8
The gross margin has declined by 17% year-on-year and by 7% since the previous quarter
The company's net income fell by 7% QoQ and by 7% YoY
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
36.77M
Market cap
$4.5B
Enterprise value
$4.49B
Valuations
Price to earnings (P/E)
5.32
Price to book (P/B)
1.06
Price to sales (P/S)
0.7
EV/EBIT
4.17
EV/EBITDA
4.08
EV/Sales
0.7
Earnings
Revenue
$6.45B
EBIT
$1.08B
EBITDA
$1.1B
Free cash flow
$933.19M
Per share
EPS
$23.01
Free cash flow per share
$25.38
Book value per share
$115.55
Revenue per share
$175.31
TBVPS
$164.98
Balance sheet
Total assets
$6.07B
Total liabilities
$1.82B
Debt
$1.16B
Equity
$4.25B
Working capital
N/A
Liquidity
Debt to equity
0.27
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
-0.01
Margins
EBITDA margin
17.1%
Gross margin
25.2%
Net margin
13.1%
Operating margin
16.3%
Efficiency
Return on assets
14.5%
Return on equity
21.1%
Return on invested capital
17.5%
Return on capital employed
N/A
Return on sales
16.7%
Dividend
Dividend yield
0.65%
DPS
$0.81
Payout ratio
3.5%

MTH stock price

How has the Meritage Homes stock price performed over time
Intraday
-1.18%
1 week
-0.27%
1 month
-10.02%
1 year
71.34%
YTD
32.74%
QTD
-13.97%

Financial performance

How have Meritage Homes's revenue and profit performed over time
Revenue
$6.45B
Gross profit
$1.62B
Operating income
$1.05B
Net income
$842.99M
Gross margin
25.2%
Net margin
13.1%
The operating margin fell by 25% YoY and by 11% QoQ
The company's net margin fell by 21% YoY and by 9% QoQ
The company's revenue rose by 18% YoY and by 2.5% QoQ
The gross margin has declined by 17% year-on-year and by 7% since the previous quarter

Growth

What is Meritage Homes's growth rate over time

Valuation

What is Meritage Homes stock price valuation
MTH P/E details
P/E
5.32
P/B
1.06
P/S
0.7
EV/EBIT
4.17
EV/EBITDA
4.08
EV/Sales
0.7
The price to earnings (P/E) is 27% higher than the last 4 quarters average of 4.2 but 22% lower than the 5-year quarterly average of 6.8
The EPS has declined by 7% since the previous quarter and by 6% year-on-year
The equity has grown by 24% YoY and by 4.5% from the previous quarter
MTH's P/B is 6% above its last 4 quarters average of 1.0 but 3.6% below its 5-year quarterly average of 1.1
The company's revenue rose by 18% YoY and by 2.5% QoQ
MTH's price to sales (P/S) is 17% higher than its 5-year quarterly average of 0.6 and 17% higher than its last 4 quarters average of 0.6

Efficiency

How efficient is Meritage Homes business performance
MTH's ROE is down by 27% YoY and by 12% QoQ
The return on sales has declined by 23% year-on-year and by 10% since the previous quarter
Meritage Homes's ROA has decreased by 21% YoY and by 10% from the previous quarter
The company's return on invested capital fell by 18% YoY and by 7% QoQ

Dividends

What is MTH's dividend
DPS
$0.81
Dividend yield
0.65%
Payout ratio
3.5%

Financial health

How did Meritage Homes financials performed over time
MTH's total assets is up by 14% year-on-year and by 3.3% since the previous quarter
The total liabilities fell by 4.1% YoY
The company's debt is 73% lower than its equity
The equity has grown by 24% YoY and by 4.5% from the previous quarter
The debt to equity has contracted by 21% YoY and by 3.6% from the previous quarter

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