Company / SG&A Expense
Meritage Homes Corporation SG&A Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest SG&A Expense
$211.8M
FY2025
5-year range
$181.4M / $231.7M
FY2021-FY2025
Trend
-8.3%
vs FY2024
Sector context
#169 of 213
Consumer Discretionary
What the data says
Meritage Homes Corporation's sg&a expense of $212M is lower than 79% of companies in the Consumer Discretionary sector (FY2025). Improved from $232M to $212M over the past 2 years.
Based on SEC 10-K filings.
$212M in FY2025 with a 5-year CAGR of +5.9%.
Improved from $232M to $212M over the past 2 years.
Consumer Discretionary sector context is included.
SG&A Expense over time
Growth rates
- 3-Year CAGR
- +3.1%
- 5-Year CAGR
- +5.9%
- 10-Year CAGR
- -
Sector benchmark
Top 21% in Consumer DiscretionaryTop 21% of 213This company $211.8M Sector average $1.6B
▼
-86.4% below sector average
Key checks
Key Insights
- 5-year CAGR of +5.9%, indicating consistent growth.
- In FY2025, sg&a expense decreased 8.3% year-over-year.
- Ranks #169 out of 213 companies in the Consumer Discretionary sector.
- Peak sg&a expense was recorded in FY2023.
Company context
Key Data Points
- Low earnings quality (accrual-heavy earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | SG&A ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $211.8M | -8.3% |
| FY2024 | $230.9M | -0.4% |
| FY2023 | $231.7M | +20.1% |
| FY2022 | $193.0M | +6.4% |
| FY2021 | $181.4M | +14.1% |
| FY2020 | $159.0M | +8.8% |
| FY2019 | $146.1M | +5.5% |
| FY2018 | $138.5M | +11.6% |
| FY2017 | $124.0M | +0.2% |
| FY2016 | $123.8M | +9.7% |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026