Company / Net Income
Meritage Homes Corporation Net Income History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Net Income
$453.0M
FY2025
5-year range
$453.0M / $992.2M
FY2021-FY2025
Trend
-42.4%
vs FY2024
Sector context
#63 of 223
Consumer Discretionary
What the data says
At $453M, Meritage Homes Corporation's net income ranks #63 of 223 in the Consumer Discretionary sector. Net Income has fluctuated over the past 10 years, ranging from $143M in FY2017 to $992M in FY2022.
Based on SEC 10-K filings.
$453M in FY2025 with a 5-year CAGR of +1.4%.
Declined from $739M to $453M over the past 2 years.
Consumer Discretionary sector context is included.
Net Income over time
Growth rates
- 3-Year CAGR
- -23.0%
- 5-Year CAGR
- +1.4%
- 10-Year CAGR
- -
Sector benchmark
#63 of 223 in Consumer DiscretionaryTop 28% of 223This company $453.0M Sector average $828.2M
▼
-45.3% below sector average
Key checks
Key Insights
- 5-year CAGR of +1.4%, indicating consistent growth.
- In FY2025, net income decreased 42.4% year-over-year.
- Ranks #63 out of 223 companies in the Consumer Discretionary sector.
- Peak net income was recorded in FY2022.
Company context
Key Data Points
- Low earnings quality (accrual-heavy earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Net IncomeValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $453.0M | -42.4% |
| FY2024 | $786.2M | +6.4% |
| FY2023 | $738.7M | -25.5% |
| FY2022 | $992.2M | +34.5% |
| FY2021 | $737.4M | +74.1% |
| FY2020 | $423.5M | +69.6% |
| FY2019 | $249.7M | +9.8% |
| FY2018 | $227.3M | +58.7% |
| FY2017 | $143.3M | -4.2% |
| FY2016 | $149.5M | +16.2% |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026