Meritage Homes Corp

Meritage Homes Corp

Consumer DiscretionaryHousehold Goods and Home Construction
  • Price (USD)114.86
  • Today's Change1.30 / 1.14%
  • Shares traded357.29k
  • 1 Year change+39.34%
  • Beta1.5809
Data delayed at least 15 minutes, as of Mar 28 2023 21:10 BST.
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About the company

Meritage Homes Corporation is a designer and builder of single-family homes. The Company’s segments include Homebuilding and Financial Services. The Homebuilding segment is engaged in the business of acquiring and developing land, constructing homes, marketing and selling those homes and providing warranty and customer service. In addition, Homebuilding operations consist of three regions: West, Central and East, which includes ten states: Arizona, California, Colorado, Texas, Florida, Georgia, North Carolina, South Carolina. The Financial services segment, which offers title and escrow, mortgage, and insurance services. Its financial services operations also provide mortgage services to its homebuyers through an unconsolidated joint venture. The Company also operates Carefree Title Agency, Inc. (Carefree Title), its wholly owned company. Carefree Title provides title insurance and closing/settlement services for its homebuyers.

  • Revenue in USD (TTM)6.29bn
  • Net income in USD992.19m
  • Incorporated1988
  • Employees1.92k
  • Location
    Meritage Homes Corp8800 East Raintree Drive, Suite 300SCOTTSDALE 85260United StatesUSA
  • Phone+1 (480) 515-8100
  • Fax+1 (480) 998-9162
  • Websitehttps://www.meritagehomes.com/
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Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
(YOY change %)
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
(5 yr growth rate)
Ameresco Inc1.82bn94.81m2.36bn1.36k25.572.8715.451.291.781.7834.1915.860.7152133.212.811,338,534.003.863.715.374.9515.9418.345.405.481.224.470.49460.0050.0720.5334.7832.1329.97--
Tri Pointe Homes Inc (Delaware)4.35bn576.06m2.54bn1.47k4.480.89024.160.5845.575.5741.8028.040.96041.0252.342,958,186.0012.868.9014.509.9527.2723.7113.3910.10----0.3270.009.209.1222.7622.4675.70--
LGI Homes Inc2.30bn326.57m2.64bn952.008.171.598.051.1513.7513.7597.0970.470.84160.684755.492,420,646.0011.9315.1412.7316.2228.0626.0714.1712.78----0.43390.00-24.4512.87-23.9923.3418.04--
MDC Holdings Inc5.72bn559.40m2.79bn1.64k4.970.89524.720.48747.687.6878.4342.601.111.1853.203,480,211.0010.8910.1512.7011.8625.0522.729.839.20----0.350525.248.8217.27-1.9829.9262.8422.16
Dycom Industries Inc3.81bn142.21m2.81bn15.41k20.203.249.820.73864.744.74126.9429.601.7232.203.85247,142.306.423.297.943.9717.0217.033.732.072.935.180.4870.0021.66--192.78------
Arcosa Inc2.24bn244.80m2.97bn5.23k12.171.367.431.335.045.0446.1545.130.68715.686.95428,833.707.534.778.485.3718.8518.8610.966.481.475.080.20136.8810.148.93253.7624.0010.86--
Installed Building Products Inc2.67bn223.43m3.10bn10.30k14.086.279.851.167.777.7792.4717.431.5611.526.92259,208.2013.029.3115.9811.5831.0029.918.376.142.167.990.638117.5435.6218.7088.1342.717.59--
AC Partners Inc0.00-143.07k3.24bn1.00---------3.01-3.010.00-24.990.00-------567.40-6,907.64---------------0.7438--------90.79------
KB Home-100.00bn-100.00bn3.31bn2.37k--0.9898----------40.75----------8.22--9.92--20.82--8.60----0.32627.8420.599.5844.5435.2741.1143.10
Taylor Morrison Home Corp8.22bn1.05bn4.00bn3.00k4.050.86133.670.48639.129.1270.7642.880.95651.1348.052,741,639.0012.287.3514.468.6425.4420.2812.847.95--43.820.3483--9.6516.1858.79103.4054.97--
Fluor Corp13.74bn105.00m4.16bn39.58k43.802.3339.280.3030.66890.668991.4712.551.98--6.45347,255.901.05-4.202.18-8.112.592.000.5312-2.11----0.3629---2.91-1.48124.7132.56-23.33--
Meritage Homes Corp6.29bn992.19m4.22bn1.92k4.,275,483.0018.7613.1721.3114.9323.4217.8915.7711.36----0.22560.0022.3914.1934.5443.528.31--
Exponent Inc513.29m102.33m4.87bn1.31k49.1215.1744.479.481.961.969.826.330.8081--3.31390,931.5016.1115.6921.3520.1290.3692.9719.9420.26----0.0044.1910.098.101.1112.1020.5817.98
Comfort Systems USA, Inc.4.14bn245.95m5.07bn14.10k20.815.0815.501.236.826.82114.8627.961.72118.924.15293,642.8010.239.2717.5715.6617.9118.835.945.161.0913.920.20410.4034.7118.2971.5739.966.4013.68
APi Group Corp6.56bn29.00m5.08bn26.00k218.372.2915.240.77390.09910.099125.4713.020.989941.704.76252,230.801.10--1.40--26.2422.851.110.16441.301.730.4898--66.4516.58121.17-23.6815.16--
Data as of Mar 28 2023. Currency figures normalised to Meritage Homes Corp's reporting currency: US Dollar USD

Institutional shareholders

53.49%Per cent of shares held by top holders
HolderShares% Held
BlackRock Fund Advisorsas of 31 Dec 20225.81m15.89%
The Vanguard Group, Inc.as of 31 Dec 20224.18m11.43%
Dimensional Fund Advisors LPas of 31 Dec 20221.71m4.67%
EARNEST Partners LLCas of 31 Dec 20221.46m3.99%
SSgA Funds Management, Inc.as of 31 Dec 20221.43m3.90%
T. Rowe Price Investment Management, Inc.as of 31 Dec 20221.38m3.78%
Fisher Asset Management LLCas of 31 Dec 20221.13m3.10%
Macquarie Investment Management Business Trustas of 31 Dec 2022871.34k2.38%
Greenhaven Associates, Inc.as of 31 Dec 2022819.75k2.24%
Citadel Advisors LLCas of 31 Dec 2022771.03k2.11%
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Data from 31 Dec 2022 - 31 Dec 2022Source: FactSet Research Systems Inc.
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