Meritage Homes Corp. is one of the leading designers and builders of single-family homes. The company primarily engages in building and selling single-family homes for entry-level, first-time, move-up, luxury and active adult buyers in historically high-growth regions of the U.S. It acquired the homebuilding operations of its predecessor company through a merger. It operates as a holding company and has no independent assets or operations. Meritage operates through 2 principal business segments: Homebuilding and Financial Services. The Homebuilding segment engages in acquiring and developing land, constructing homes, marketing and selling these constructed homes, and providing warranty and customer services in West, Central and East, across Arizona, California, Colorado, Texas, Florida, Georgia, N. Carolina, S. Carolina, and Tennessee. It also operates Carefree Title Agency, Inc. The company's Financial Services segment includes revenues and expenses from Carefree Title.
| Revenue (Most Recent Fiscal Year) | $6.40B |
| Net Income (Most Recent Fiscal Year) | $786.19M |
| PE Ratio (Current Year Earnings Estimate) | 7.84 |
| PE Ratio (Trailing 12 Months) | 5.23 |
| PEG Ratio (Long Term Growth Estimate) | -- |
| Price to Sales Ratio (Trailing 12 Months) | 0.73 |
| Price to Book Ratio (Most Recent Quarterly Book Value per Share) | 0.88 |
| Price to Cash Ratio (Most Recent Annual Cash Flow per Share) | 5.70 |
| Pre-Tax Margin (Trailing 12 Months) | 14.78% |
| Net Margin (Trailing 12 Months) | 11.50% |
| Return on Equity (Trailing 12 Months) | 14.28% |
| Return on Assets (Trailing 12 Months) | 10.01% |
| Current Ratio (Most Recent Fiscal Quarter) | 2.28 |
| Quick Ratio (Most Recent Fiscal Quarter) | 2.28 |
| Debt to Common Equity (Most Recent Fiscal Quarter) | 0.35 |
| Inventory Turnover (Trailing 12 Months) | -- |
| Book Value per Share (Most Recent Fiscal Quarter) | $72.32 |
| Earnings per Share (Most Recent Fiscal Quarter) | $1.69 |
| Earnings per Share (Most Recent Fiscal Year) | $21.44 |
| Diluted Earnings per Share (Trailing 12 Months) | $12.23 |
| Exchange | NYSE |
| Sector | Consumer Cyclical |
| Industry | Residential Construction |
| Common Shares Outstanding | 71.83M |
| Free Float | 70.25M |
| Market Capitalization | $4.60B |
| Average Volume (Last 20 Days) | 0.75M |
| Beta (Past 60 Months) | 1.50 |
| Percentage Held By Insiders (Latest Annual Proxy Report) | 2.20% |
| Percentage Held By Institutions (Latest 13F Reports) | 98.44% |
| Annual Dividend (Based on Last Quarter) | $1.72 |
| Dividend Yield (Based on Last Quarter) | 2.69% |