Meritage Homes Corporation Income Statement
MTH / Consumer Discretionary|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
Key Data Points
- Low earnings quality (accrual-heavy earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Profit | - | - | - | - | - | - | - | - | $109.8M | $531.2M | $488.7M | $452.6M | $396.4M | $218.2M | $141.1M |
| SG&A Expense | $211.8M | $230.9M | $231.7M | $193.0M | $181.4M | $159.0M | $146.1M | $138.5M | $124.0M | $123.8M | $112.8M | $104.6M | $91.5M | $68.2M | $64.2M |
| Operating Income | - | - | - | - | - | - | - | - | - | - | - | $224.5M | $209.4M | $77.8M | $22.9M |
| Interest Expense | $0 | $0 | $0 | $41.0K | $318.0K | $2.2M | $8.4M | $785.0K | $3.9M | $5.2M | $16.0M | $5.2M | $15.1M | $24.2M | $30.4M |
| Income Tax | $131.6M | $216.7M | $210.7M | $297.1M | $217.4M | $110.1M | $53.3M | $55.9M | $104.3M | $68.5M | $60.7M | $66.2M | $53.2M | -$76.3M | $730.0K |
| Net Income | $453.0M | $786.2M | $738.7M | $992.2M | $737.4M | $423.5M | $249.7M | $227.3M | $143.3M | $149.5M | $128.7M | $142.2M | $124.5M | $105.2M | -$21.1M |
| EPS (Basic) | $6.40 | $10.85 | $10.09 | $13.52 | $19.61 | $11.23 | $6.55 | $5.67 | $3.56 | $3.74 | $3.25 | $3.65 | $3.45 | $3.09 | -$0.65 |
| EPS (Diluted) | $6.35 | $10.72 | $9.96 | $13.37 | $19.29 | $11.00 | $6.42 | $5.58 | $3.41 | $3.55 | $3.09 | $3.46 | $3.25 | $3.00 | -$0.65 |
| Shares Outstanding | 71.3M | 73.3M | 74.1M | 74.2M | 38.2M | 38.5M | 38.9M | 40.7M | 42.2M | 42.6M | 42.2M | 41.6M | 38.8M | 35.2M | 32.4M |