Asset Turnover (Annual)

Asset Turnover: The amount of sales or revenues generated per dollar of assets. The Asset Turnover ratio is an indicator of the efficiency with which a company is deploying its assets. Calculated as: Total Revenues / Total Assets

Meritage Homes Corporation (MTH) had Asset Turnover of 0.77 for the most recently reported fiscal year, ending 2025-12-31.

Quarterly Annual

Figures for fiscal year ending 2025-12-31

Income Statement Financials
Revenue	$5.86B
Net Income	$453.01M
Cost of Goods Sold	$4.69B
Gross Profit	$1.17B
Operating Expenses	$5.32B
Operating Income	$540.46M
Non-Operating Income/Expense	$44.15M
Pre-Tax Income	$584.60M
Normalized Pre-Tax Income	$584.60M
Income after Taxes	$453.01M
Income from Continuous Operations	$453.01M
Consolidated Net Income/Loss	$453.01M
Normalized Income after Taxes	$453.01M
EBIT	$540.46M
EBITDA	$565.74M
Weighted-Average Shares Outstanding (Basic)	70.82M
Weighted-Average Shares Outstanding (Diluted)	71.35M
Earnings per Share (EPS) (Basic)	$6.40
Earnings per Share (EPS) (Diluted)	$6.35
Balance Sheet Financials
Current Assets	$1.26B
Property, Plant, and Equipment	$46.65M
Long-Term Assets	$6.37B
Total Assets	$7.62B
Current Liabilities	$597.59M
Long-Term Debt	$1.83B
Long-Term Liabilities	$1.83B
Total Liabilities	$2.43B
Common Equity	$5.20B
Tangible Shareholders Equity	$5.20B
Shareholders Equity	$5.20B
Common Shares Outstanding	68.17M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$118.29M
Cash Flow from Investing Activities	$-57.70M
Cash Flow from Financial Activities	$63.01M
Beginning Cash	$651.55M
End Cash	$775.16M
Increase/Decrease in Cash	$123.60M
Stock-Based Compensation	$19.68M
Common Stock Dividends Paid	$-121.07M
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	2.10
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.26
Debt to Equity Ratio	0.35
Gross Margin	19.99%
Operating Margin	9.23%
EBIT Margin	9.23%
EBITDA Margin	9.66%
Pre-Tax Profit Margin	9.98%
Profit Margin	7.73%
Free Cash Flow	$92.82M
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.77
Inventory Turnover	--
Receiveable Turnover	19.08
Days Sales in Receivables	19.13
Return on Equity	8.72%
Return on Tangible Equity	8.72%
Return on Assets	5.94%
Return on Investments	6.45%
Book Value Per Share	$76.22
Free Cash Flow per Share	$1.30
Operating Cash Flow per Share	$1.66

Data from Zacks Investment Research, Inc.