Meritage Homes Corporation (MTH)

Solvency & Capital Structure

Total Debt

$1.81B

Net Debt

$1B

Meritage Homes Corporation currently has $1.81B in total debt. Net debt is $1B after cash offsets.

Financial Fundamentals

MTH • Quarterly Data • 5Y View

Date	Total Debt ($B)	Cash & Inv. ($B)	Net Debt ($B)	Total Assets	Debt/Assets
2026-06-30	1.81	0.81	1.00	7.55	23.9%
2026-03-31	1.81	0.77	1.04	7.55	23.9%
2025-12-31	1.89	0.78	1.11	7.65	24.7%
2025-09-30	1.89	0.73	1.16	7.76	24.4%
2025-06-30	1.88	0.93	0.95	7.76	24.3%
2025-03-31	1.89	1.01	0.88	7.70	24.6%
2024-12-31	1.39	0.65	0.74	7.16	19.4%
2024-09-30	1.37	0.83	0.54	7.10	19.3%
2024-06-30	1.37	0.99	0.38	6.92	19.8%
2024-03-31	1.05	0.91	0.15	6.49	16.2%
2023-12-31	1.06	0.92	0.14	6.35	16.7%
2023-09-30	1.06	1.05	0.01	6.18	17.1%
2023-06-30	1.18	1.16	0.02	6.07	19.5%
2023-03-31	1.17	0.96	0.22	5.87	20.0%
2022-12-31	1.17	0.86	0.31	5.77	20.3%
2022-09-30	1.18	0.30	0.88	5.57	21.2%
2022-06-30	1.18	0.27	0.91	5.31	22.3%
2022-03-31	1.19	0.52	0.67	5.06	23.5%
2021-12-31	1.19	0.62	0.57	4.82	24.6%
2021-09-30	1.18	0.56	0.62	4.57	25.9%
2021-06-30	1.19	0.68	0.50	4.32	27.4%
2021-03-31	1.07	0.72	0.36	4.04	26.6%
2020-12-31	1.08	0.75	0.33	3.86	27.9%
2020-09-30	1.08	0.61	0.47	3.69	29.3%
2020-06-30	1.38	0.48	0.90	3.54	39.0%
2020-03-31	1.58	0.80	0.79	3.91	40.5%
2019-12-31	1.09	0.32	0.77	3.40	32.0%
2019-09-30	1.31	0.45	0.86	3.64	36.0%
2019-06-30	1.31	0.41	0.90	3.47	37.7%
2019-03-31	1.31	0.33	0.98	3.40	38.6%
2018-12-31	1.31	0.31	1.00	3.37	38.9%
2018-09-30	1.31	0.21	1.11	3.45	38.0%
2018-06-30	1.31	0.17	1.14	3.39	38.6%
2018-03-31	1.31	0.17	1.14	3.33	39.4%
2017-12-31	1.28	0.17	1.11	3.25	39.5%
2017-09-30	1.30	0.12	1.19	3.25	40.1%
2017-06-30	1.36	0.22	1.14	3.20	42.4%
2017-03-31	1.17	0.09	1.09	2.96	39.6%
2016-12-31	1.13	0.13	1.00	2.89	39.0%
2016-09-30	1.14	0.11	1.03	2.87	39.7%
2016-06-30	1.11	0.13	0.99	2.76	40.3%
2016-03-31	1.12	0.17	0.95	2.71	41.2%
2015-12-31	1.13	0.26	0.87	2.69	41.9%
2015-09-30	1.15	0.24	0.91	2.66	43.0%
2015-06-30	1.14	0.22	0.92	2.59	44.0%
2015-03-31	0.97	0.09	0.88	2.37	40.8%
2014-12-31	0.94	0.10	0.83	2.32	40.4%
2014-09-30	0.90	0.08	0.82	2.27	39.8%
2014-06-30	0.90	0.23	0.67	2.19	41.3%
2014-03-31	0.90	0.26	0.64	2.13	42.5%
2013-12-31	0.91	0.27	0.63	2.00	45.2%
2013-09-30	0.80	0.18	0.62	1.87	42.6%
2013-06-30	0.80	0.22	0.58	1.77	45.2%
2013-03-31	0.88	0.33	0.56	1.77	49.8%
2012-12-31	0.72	0.17	0.55	1.58	45.9%
2012-09-30	0.72	0.37	0.35	1.48	48.8%
2012-06-30	0.60	0.19	0.41	1.24	47.9%
2012-03-31	0.61	0.26	0.34	1.22	49.8%
2011-12-31	0.61	0.32	0.29	1.22	49.6%
2011-09-30	0.61	0.35	0.26	1.23	49.1%
2011-06-30	0.61	0.37	0.24	1.23	49.4%
2011-03-31	0.61	0.38	0.23	1.22	49.7%
2010-12-31	0.61	0.40	0.20	1.22	49.5%
2010-09-30	0.61	0.41	0.19	1.24	48.8%
2010-06-30	0.61	0.43	0.18	1.26	48.2%
2010-03-31	0.61	0.42	0.19	1.24	48.8%
2009-12-31	0.61	0.38	0.23	1.24	48.7%
2009-09-30	0.60	0.35	0.26	1.18	51.1%
2009-06-30	0.60	0.39	0.22	1.20	50.4%
2009-03-31	0.62	0.34	0.28	1.27	49.2%
2008-12-31	0.63	0.21	0.42	1.33	47.4%
2008-09-30	0.63	0.12	0.51	1.45	43.3%
2008-06-30	0.63	0.12	0.52	1.62	39.2%
2008-03-31	0.65	0.03	0.62	1.58	40.8%
2007-12-31	0.73	0.03	0.70	1.75	41.7%
2007-09-30	0.88	0.05	0.84	2.08	42.6%
2007-06-30	0.90	0.05	0.85	2.23	40.5%
2007-03-31	0.81	0.04	0.77	2.18	37.1%
2006-12-31	0.73	0.06	0.68	2.17	33.8%
2006-09-30	0.79	0.08	0.71	2.24	35.1%
2006-06-30	0.72	0.05	0.67	2.13	33.9%
2006-03-31	0.65	0.04	0.61	2.04	31.7%
2005-12-31	0.59	0.07	0.53	1.97	30.0%
2005-09-30	0.67	0.04	0.63	1.89	35.6%
2005-06-30	0.56	0.03	0.53	1.60	35.0%
2005-03-31	0.53	0.04	0.48	1.42	37.1%
2004-12-31	0.47	0.05	0.42	1.27	37.3%
2004-09-30	0.47	0.02	0.45	1.20	39.4%
2004-06-30	0.43	0.01	0.42	1.08	40.2%
2004-03-31	0.38	0.01	0.37	1.02	37.4%
2003-12-31	0.35	0.00	0.35	0.95	36.8%
2003-09-30	0.38	0.01	0.38	0.96	40.1%
2003-06-30	0.37	0.03	0.35	0.89	41.9%
2003-03-31	0.32	0.02	0.30	0.77	41.1%
2002-12-31	0.26	0.01	0.26	0.69	38.3%
2002-09-30	0.20	0.01	0.20	0.63	32.5%
2002-06-30	0.16	0.01	0.14	0.53	29.7%
2002-03-31	0.21	0.00	0.21	0.48	43.6%
2001-12-31	0.18	0.00	0.17	0.44	40.7%
2001-09-30	0.19	0.00	0.18	0.44	42.3%
2001-06-30	0.20	0.00	0.19	0.42	47.6%
2001-03-31	0.12	0.01	0.11	0.30	39.6%
2000-12-31	0.09	0.00	0.08	0.27	32.3%
2000-09-30	0.11	0.00	0.10	0.27	39.5%
2000-06-30	0.10	0.01	0.09	0.25	40.1%
2000-03-31	0.10	0.01	0.09	0.24	42.4%
1999-12-31	0.09	0.01	0.07	0.23	37.9%
1999-09-30	0.10	0.00	0.09	0.22	42.6%
1999-06-30	0.07	0.01	0.07	0.19	37.3%
1999-03-31	0.06	0.01	0.06	0.18	36.2%
1998-12-31	0.04	0.01	0.02	0.15	24.4%
1998-09-30	0.05	0.01	0.04	0.15	31.1%
1998-06-30	0.03	0.01	0.03	0.12	27.5%
1998-03-31	0.03	0.01	0.02	0.10	29.0%
1997-12-31	0.02	0.01	0.01	0.10	23.7%
1997-09-30	0.04	0.00	0.03	0.10	35.6%
1997-06-30	0.02	0.01	0.02	0.07	34.8%
1997-03-31	0.03	0.01	0.02	0.07	42.4%
1996-12-31	0.03	0.02	0.01	0.07	41.9%
1996-09-30	0.00	0.00	-0.00Net Cash	0.02	0.0%