Meritage Homes Corporation Detailed Financials

Full historical quarterly statements

Metric	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30
Total Revenue	1.12B	1.44B	1.42B	1.63B	1.36B	1.62B	1.60B	1.70B
Cost of Goods Sold	923.4M	1.20B	1.15B	1.29B	1.06B	1.24B	1.20B	1.26B
Gross Profit	196.2M	235.3M	271.6M	346.2M	302.4M	380.3M	396.3M	444.3M
R&D Expenses	0	0	0	0	0	0	0	0
Operating Expenses	130.9M	148.9M	151.5M	164.0M	151.7M	172.7M	157.1M	157.8M
Operating Income	65.3M	86.3M	120.1M	182.2M	150.7M	207.6M	239.3M	286.5M
Other Income / Gains	7.2M	16.8M	8.1M	10.9M	9.5M	14.0M	10.7M	10.9M
Net Income	55.3M	84.0M	99.3M	146.9M	122.8M	172.6M	196.0M	231.6M
EPS (Diluted)	0.82	1.21	1.40	2.05	1.71	2.39	2.71	3.19
Reported Currency	USD	USD	USD	USD	USD	USD	USD	USD
Gross Profit Ratio	0.175	0.164	0.191	0.212	0.222	0.235	0.248	0.261
General And Administrative Expenses	51.4M	47.8M	51.8M	55.2M	57.0M	67.7M	59.2M	53.2M
Selling And Marketing Expenses	0	101.1M	99.7M	108.8M	94.7M	105.0M	97.9M	104.7M
Selling General And Administrative Expenses	51.4M	148.9M	151.5M	164.0M	151.7M	172.7M	157.1M	157.8M
Other Expenses	79.5M	0	0	0	0	0	0	0
Cost And Expenses	1.06B	1.35B	1.30B	1.45B	1.21B	1.41B	1.36B	1.42B
Interest Income	0	0	0	0	0	0	0	0
Interest Expense	587K	0	0	0	0	0	0	0
Depreciation And Amortization	5.4M	6.7M	6.0M	6.7M	5.9M	6.6M	6.5M	6.8M
Ebitda	70.7M	109.8M	134.2M	188.9M	156.6M	214.2M	245.8M	293.3M
Ebitdaratio	0.063	0.076	0.094	0.116	0.115	0.132	0.154	0.172
Operating Income Ratio	0.058	0.06	0.084	0.112	0.11	0.128	0.15	0.168
Income Before Tax	72.5M	103.1M	128.2M	193.1M	160.2M	221.6M	249.9M	297.4M
Income Before Tax Ratio	0.065	0.072	0.09	0.118	0.117	0.137	0.157	0.175
Income Tax Expense	17.2M	19.1M	29.0M	46.2M	37.4M	48.9M	54.0M	65.8M
Net Income Ratio	0.049	0.059	0.07	0.09	0.09	0.106	0.123	0.136
Epsdiluted	0.82	1.20	1.39	2.04	1.69	2.36	2.67	3.16
Weighted Average Shs Out	67.4M	69.3M	70.7M	71.7M	71.9M	72.5M	72.5M	72.6M
Weighted Average Shs Out Dil	67.4M	69.8M	70.7M	71.7M	72.7M	73.3M	73.3M	73.4M