Asset Turnover (Quarterly)

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 0.18 for the most recently reported fiscal quarter, ending 2025-09-30.

Quarterly Annual

Figures for fiscal quarter ending 2025-09-30

Income Statement Financials
Revenue	$1.42B
Net Income	$99.30M
Cost of Goods Sold	$1.15B
Gross Profit	$275.61M
Operating Expenses	$1.30B
Operating Income	$120.12M
Non-Operating Income/Expense	$8.13M
Pre-Tax Income	$128.25M
Normalized Pre-Tax Income	$128.25M
Income after Taxes	$99.30M
Income from Continuous Operations	$99.30M
Consolidated Net Income/Loss	$99.30M
Normalized Income after Taxes	$99.30M
EBIT	$120.12M
EBITDA	$126.11M
Weighted-Average Shares Outstanding (Basic)	70.68M
Weighted-Average Shares Outstanding (Diluted)	71.19M
Earnings per Share (EPS) (Basic)	$1.40
Earnings per Share (EPS) (Diluted)	$1.39
Balance Sheet Financials
Current Assets	$1.25B
Property, Plant, and Equipment	$47.98M
Long-Term Assets	$6.51B
Total Assets	$7.76B
Current Liabilities	$642.01M
Long-Term Debt	$1.83B
Long-Term Liabilities	$1.83B
Total Liabilities	$2.47B
Common Equity	$5.29B
Tangible Shareholders Equity	$5.29B
Shareholders Equity	$5.29B
Common Shares Outstanding	70.41M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$-125.39M
Cash Flow from Investing Activities	$-41.04M
Cash Flow from Financial Activities	$243.81M
Beginning Cash	$651.55M
End Cash	$728.94M
Increase/Decrease in Cash	$77.38M
Stock-Based Compensation	$14.78M
Common Stock Dividends Paid	$-91.76M
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	1.95
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	19.36%
Operating Margin	8.44%
EBIT Margin	8.44%
EBITDA Margin	--
Pre-Tax Profit Margin	9.01%
Profit Margin	6.97%
Free Cash Flow	$-145.35M
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.18
Inventory Turnover	--
Receiveable Turnover	4.43
Days Sales in Receivables	20.34
Return on Equity	1.88%
Return on Tangible Equity	1.88%
Return on Assets	1.28%
Return on Investments	1.40%
Book Value Per Share	$75.10
Free Cash Flow per Share	$-2.04
Operating Cash Flow per Share	$-1.76

Data from Zacks Investment Research, Inc.