One plan - full access

No subscription, no auto-renewal, no hidden terms.
Pay once and use it for 30 days.

PRO plan No auto-renewal
$18

30 days of full access
One-time payment

🌐 US & Global Companies
Get access for 30 days →
♧ Secure payment · Instant access

What is included

  • ✓Full access to detailed company analysis
  • ✓Fundamental screener
  • ✓Advanced stock screener filters
  • ✓5 ratings. Separate lists for US & Global Companies and MOEX
  • ✓Company data export in XLSX and CSV
  • ✓MarketCap’s overall ranking of top companies
  • ✓Analytics updates after each new financial report
⚠ The service is not an investment advisor. Financial statement data from public companies is available to everyone - MarketCap structures and analyzes it.
Meritage Homes Corporation logo
Meritage Homes Corporation MTH
$ 68.01 -4.22%
report update icon

Quarterly report 2026-Q3
added 10-30-2026

Meritage Homes Corporation Income Statement 2025-2008 | MTH

Brief overview of profit and loss at Meritage Homes Corporation

The comparison covers a five-year financial horizon. Revenue at Meritage Homes Corporation moved from 2.6 billion dollars in 2015 to 4.5 million dollars in 2020. Across the full period, sales moved by −99.8%; the average annual rate was −72%. The business finished the period with a smaller revenue base.

The operating result measured by EBITDA moved from 221 million dollars to 31.1 million dollars, or −85.9%. Additional revenue translated efficiently into EBITDA. Comparing the endpoints gives EBITDA margins of 8.5% and 690.7%. A wider margin confirms stronger operating efficiency.

Net income changed from $129 million to $423 million (+228.9%). The final year delivered the highest net income in the period.

The market value of the business moved from 1.3 billion dollars to 3.1 billion dollars, or +139%. Market value lagged the financial performance.

What the figures show

The figures do not all move in the same direction. The positive side is supported by net-income growth and an improving EBITDA margin. The most visible risks are limited revenue growth. The next reporting periods will show whether revenue, margins, and final profitability can strengthen.

Annual Income Statement Meritage Homes Corporation

2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008

Market Cap

5.71 B 5.37 B 11.4 B 8.35 B 4.59 B 3.12 B 2.8 B 1.64 B 1.94 B 1.47 B 1.31 B 1.42 B 1.7 B 1.47 B 879 M 324 M 323 M -

Shares

70.8 M 72.5 M 73.2 M 73.4 M 37.6 M 37.7 M 38.1 M 40.1 M 40.3 M 40 M 39.6 M 39 M 36.1 M 34.1 M 32.4 M 32.1 M 31.4 M -

Historical Prices

80.6 74.1 155 114 122 82.8 61.1 36.7 51.2 34.8 34 36 48 37.4 23.2 10.1 10.3 8.68

Net Income

453 M 786 M 739 M 992 M 737 M 423 M 250 M 227 M 143 M 150 M 129 M 142 M 124 M 105 M -21.1 M 7.15 M -66.5 M -

Revenue

- - - - - 4.5 M 3.68 B 3.54 B 3.25 B 3.06 B 2.59 B 2.19 B 1.83 B 1.19 B 861 M - - -

Gross Profit

- - - - - - 700 M 653 M 589 M 553 M 508 M 469 M 412 M 218 M 141 M 168 M 4.05 M -

Operating Income

- - - - - - - - - - - 225 M 209 M 77.8 M 22.9 M 51.5 M - -

Interest Expense

- - - 41 K 318 K 2.18 M 8.37 M 785 K 3.85 M 5.17 M 16 M 5.16 M 15.1 M 24.2 M 30.4 M 33.7 M 36.5 M -

EBITDA

25.3 M 26 M 25.3 M 24.7 M 26.2 M 31.1 M 335 M 300 M 260 M 230 M 221 M 219 M 204 M 63.4 M 9.19 M 59.5 M 8.84 M -

Operating Expenses

- - - - - - 393 M 380 M 346 M 339 M 301 M 261 M 218 M 163 M 139 M 116 M 4.05 M -

General and Administrative Expenses

212 M 231 M 232 M 193 M 181 M 159 M 146 M 138 M 124 M 124 M 113 M 105 M 91.5 M 68.2 M 64.2 M 59.8 M 59.5 M -

All numbers in USD currency

Quarterly Income Statement Meritage Homes Corporation

2026-Q3 2026-Q2 2026-Q1 2025-Q4 2025-Q3 2025-Q2 2025-Q1 2024-Q4 2024-Q3 2024-Q2 2024-Q1 2023-Q4 2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1

Shares

64.7 M 65.8 M 67.4 M -527 K 70.7 M 71.5 M 71.9 M -96 K 72.5 M 72.6 M 72.6 M 36.6 M 36.6 M 36.8 M 36.7 M 36.6 M 36.6 M 36.6 M 37 M 37.3 M 37.6 M 37.8 M 37.6 M 37.5 M 37.6 M 37.6 M 38.1 M 38.2 M 38.3 M 38.3 M 38.2 M 38.1 M 40.3 M 40.6 M 40.5 M 14 M 40.3 M 40.3 M 40.2 M 18 M 40 M 40 M 39.8 M 25 M 39.7 M 39.6 M 39.4 M 40 M 39.1 M 39.1 M 38.7 M 45 M 36.2 M 36.2 M 35.8 M 516 K 35.2 M 32.8 M 32.6 M 24 M 32.4 M 32.4 M -

Net Income

67.8 M 90.6 M 55.3 M 84 M 99.3 M 147 M 123 M 173 M 196 M 232 M 186 M 199 M 222 M 187 M 131 M - 262 M 250 M 217 M - 201 M 167 M 132 M 153 M 109 M 90.7 M 71.2 M 104 M 69.8 M 50.8 M 25.4 M 75.5 M 54.1 M 53.8 M 43.9 M 35.6 M 42.6 M 41.6 M 23.6 M 51.8 M 36.9 M 39.9 M 21 M 52.9 M 30.3 M 29.1 M 16.4 M 49.2 M 32.6 M 35.1 M 25.4 M 46.1 M 38.2 M 28.1 M 12 M 95.1 M 6.78 M 8 M -4.75 M -11.8 M -3.24 M 562 K -6.66 M

Revenue

- - - - - - - - - - - - - - - - 3.7 M 1.41 B 936 K - 2.88 M 1.28 B 750 K - 2.82 M 1.69 M 684 K - 8.93 M 5.83 M 2.17 M - 11.2 M 5.98 M 2.61 M - 10.5 M 7.13 M 3.1 M - 11.7 M 7 M 2.64 M - 8.74 M 2.59 M 2.42 M - 2.65 M 2.24 M 2.03 M - 3.58 M 3.37 M 2.63 M - 2.98 M 2.23 M 1.42 M - 1.8 M 1.23 M -

Cost of Revenue

- - - - - - - - - - - - - - - - - 967 M - - - 933 M - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Gross Profit

- - - - - - - - - - - - - - - - - 445 M - - - 345 M - - - - - - - - - - - 159 M 123 M 171 M 145 M 141 M 110 M 157 M 132 M 138 M 104 M 152 M 126 M 115 M 95.6 M 140 M 111 M 110 M 91.6 M 124 M 113 M 95.1 M 64.5 M 69 M 62.4 M 51.6 M 35.2 M 33.2 M 37.9 M 39.6 M 30.4 M

Operating Income

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 72.1 M 50.8 M 56.7 M 44.9 M 71.7 M 64 M 48.9 M 24.8 M 29.7 M 24.7 M 17 M 6.36 M -144 K 7.21 M 10.4 M -

Interest Expense

6.29 M 2.19 M 587 K 15.7 M 8.13 M 10.9 M - 14 M 10.7 M 11.5 M - 12.9 M 13.3 M 12.9 M - - - -458 K 41 K - 79 K 1.38 M 90 K - 55 K 2.1 M 16 K - 1.07 M 3.2 M 4.08 M - 53 K 1.78 M 5.32 M 3.57 M 2.03 M 2.08 M 1.11 M 1.69 M 1.44 M 1.54 M 283 K 2.5 M -4 M 136 K 415 K 177 K 2 M 3.75 M 648 K 1.03 M 605 K 685 K 470 K 1.14 M -8.28 M 934 K -139 K -710 K 876 K 1.27 M 8.02 M

EBITDA

- 11.5 M - - 5.99 M - - - 6.55 M - - - 6.38 M - - - 17.5 M - 5.76 M - 19.9 M - 6.54 M - 22.5 M 14.6 M 7.01 M - 19.6 M 12.4 M 5.83 M - 19.5 M 6.74 M 5.87 M 3.83 M 4.2 M 4.2 M 3.67 M 2.83 M 3.87 M 4.2 M 3.4 M 2.41 M 3.56 M 3.52 M 3.21 M 74.3 M 53.8 M 59.4 M 47.5 M 74.5 M 66.5 M 51.4 M 26.9 M 32 M 27 M 18.9 M 8.06 M 1.77 M 8.91 M 14 M 1.76 M

Operating Expenses

- - - - - - - - - - - - - - - - - 445 M - - - 345 M - - - - - - - - - - - 159 M 123 M 171 M 145 M 141 M 110 M 157 M 132 M 138 M 104 M 152 M 126 M 115 M 95.6 M 68.2 M 59.9 M 53.3 M 46.6 M 51.9 M 49.2 M 46.1 M 39.8 M 39.2 M 37.7 M 34.5 M 28.9 M 33.3 M 30.7 M 29.2 M -

General and Administrative Expenses

45.2 M 52.4 M 51.4 M 47.8 M 51.8 M 55.2 M 57 M 67.7 M 59.2 M 53.2 M 50.7 M 69 M 63.1 M 52.1 M 47.5 M - 48.4 M 47.9 M 40 M - 47.2 M 43.2 M 37.9 M - 40.7 M 36.2 M 34.2 M - 37.2 M 34.8 M 33.6 M - 35.9 M 34.2 M 30.9 M 33.2 M 31.6 M 29.6 M 29.6 M 32 M 33.3 M 28.9 M 29.6 M 26.8 M 28.8 M 27.6 M 29.6 M 29.1 M 29.2 M 24.6 M 21.7 M 24.9 M 24.4 M 22.5 M 19.7 M 17.7 M 19.2 M 16.5 M 14.7 M 17.6 M 16.5 M 15 M 15.1 M

All numbers in USD currency

The income statement is one of the three key financial reports of a company Meritage Homes Corporation (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:

  • How much revenue the company earned
  • How much it spent on production, personnel, marketing, taxes, etc.
  • What profit remained in the end

Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.

Features
  • The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
  • Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
  • A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.

Reports on the profits and losses of other stocks in the Real estate industry

Issuer Price % 24h Market Cap Country
Инград Инград
INGR
- - - russiaRussia
D.R. Horton D.R. Horton
DHI
$ 152.97 -2.95 % $ 47.2 B usaUSA
IRSA Inversiones y Representaciones Sociedad Anónima IRSA Inversiones y Representaciones Sociedad Anónima
IRS
$ 12.62 4.04 % $ 9.43 K argentinaArgentina
KB Home KB Home
KBH
$ 50.71 -2.39 % $ 3.44 B usaUSA
Lennar Corporation Lennar Corporation
LEN
$ 88.72 -3.12 % $ 22.9 B usaUSA
Gaucho Group Holdings Gaucho Group Holdings
VINO
- -16.27 % $ 2.45 M usaUSA
CTO Realty Growth CTO Realty Growth
CTO
$ 20.25 0.37 % $ 653 M usaUSA
Etalon Group PLC Etalon Group PLC
ETLN
- - - russiaRussia
Галс-Девелопмент Галс-Девелопмент
HALS
- - - russiaRussia
PulteGroup PulteGroup
PHM
$ 132.39 -2.04 % $ 26.2 B usaUSA
Группа ЛСР Группа ЛСР
LSRG
- - - russiaRussia
ПИК ПИК
PIKK
- - - russiaRussia
ГК Самолет ГК Самолет
SMLT
- - - russiaRussia
Skyline Champion Corporation Skyline Champion Corporation
SKY
$ 91.23 -2.06 % $ 5.12 B usaUSA
Центр Международной Торговли Центр Международной Торговли
WTCM
- - - russiaRussia
Trinity Place Holdings Trinity Place Holdings
TPHS
- -8.08 % $ 3.84 M usaUSA
АПРИ АПРИ
APRI
- - - russiaRussia
Глоракс | GloraX Глоракс | GloraX
GLRX
- - - russiaRussia
Toll Brothers Toll Brothers
TOL
$ 152.62 -1.95 % $ 14.8 B usaUSA
Xinyuan Real Estate Co., Ltd. Xinyuan Real Estate Co., Ltd.
XIN
- -1.02 % $ 209 M chinaChina
Maui Land & Pineapple Company Maui Land & Pineapple Company
MLP
$ 15.26 5.17 % $ 301 M usaUSA
Harbor Custom Development Harbor Custom Development
HCDI
- -2.33 % $ 3.38 M usaUSA
Century Communities Century Communities
CCS
$ 55.18 -3.11 % $ 1.66 B usaUSA
Cavco Industries Cavco Industries
CVCO
$ 638.09 -0.91 % $ 5.01 B usaUSA
Comstock Holding Companies Comstock Holding Companies
CHCI
$ 18.22 -2.1 % $ 183 M usaUSA
Green Brick Partners Green Brick Partners
GRBK
$ 64.79 -1.77 % $ 2.84 B usaUSA
American Realty Investors American Realty Investors
ARL
$ 21.56 10.44 % $ 348 M usaUSA
Beazer Homes USA Beazer Homes USA
BZH
$ 33.48 0.12 % $ 996 M usaUSA
NVR NVR
NVR
$ 6 309.17 -1.98 % $ 18.3 B usaUSA
Hovnanian Enterprises Hovnanian Enterprises
HOV
$ 101.95 -3.71 % $ 657 M usaUSA
The St. Joe Company The St. Joe Company
JOE
$ 69.87 -0.04 % $ 4.05 B usaUSA
M/I Homes M/I Homes
MHO
$ 131.48 -1.89 % $ 3.51 B usaUSA
Five Point Holdings, LLC Five Point Holdings, LLC
FPH
$ 4.27 0.23 % $ 307 M usaUSA
LGI Homes LGI Homes
LGIH
$ 45.58 -3.33 % $ 1.06 B usaUSA
Инвест-Девелопмент Инвест-Девелопмент
IDVP
- - - russiaRussia
Legacy Housing Corporation Legacy Housing Corporation
LEGH
$ 29.47 -2.13 % $ 707 M usaUSA
Select Interior Concepts, Inc. Select Interior Concepts, Inc.
SIC
- - $ 376 M usaUSA
China HGS Real Estate Inc. China HGS Real Estate Inc.
HGSH
- -3.9 % $ 50.5 M chinaChina
Brookfield Property REIT Inc. Brookfield Property REIT Inc.
BPYU
- -0.86 % $ 712 M usaUSA
The New Home Company Inc. The New Home Company Inc.
NWHM
- 0.06 % $ 162 M usaUSA
Dream Finders Homes Dream Finders Homes
DFH
$ 12.38 -0.72 % $ 1.15 B usaUSA
Hovnanian Enterprises PFD DEP1/1000A Hovnanian Enterprises PFD DEP1/1000A
HOVNP
$ 12.3 -0.57 % $ 79.3 M usaUSA
Taylor Morrison Home Corporation Taylor Morrison Home Corporation
TMHC
$ 72.45 - $ 7.18 B usaUSA
Alset EHome International Alset EHome International
AEI
$ 0.49 -1.57 % $ 10.5 M usaUSA
The Howard Hughes Corporation The Howard Hughes Corporation
HHC
- 0.15 % $ 3.98 B usaUSA
M.D.C. Holdings M.D.C. Holdings
MDC
- - $ 4.63 B usaUSA
Stratus Properties Stratus Properties
STRS
$ 19.32 - $ 155 M usaUSA
Tri Pointe Homes Tri Pointe Homes
TPH
- - $ 4.14 B usaUSA