Value202020212022202320242025TTMSelling/general/admin expenses446.92 M466.85 M516.25 M616.63 M639.92 M616.17 M616.17 MResearch & development———————Operating income-194.42 M-155.37 M-205.28 M-245.01 M-246.69 M-247.38 M-221.05 MNon-Operating Income, Total6.66 M4.86 M2.71 M47.95 M45.16 M44.15 M44.15 MInterest expense, net of interest capitalized2.18 M318 K41 K0000Non-Operating Income, excl. Interest Expenses-2.18 M-318 K-41 K0000Unusual income/expense6.66 M4.86 M2.71 M47.95 M45.16 M44.15 M44.15 MPretax income533.57 M954.83 M1.29 B949.43 M1 B584.6 M584.6 MEquity in earnings4.5 M4.66 M6.09 M6.37 M9.22 M3.97 M3.97 MTaxes110.09 M217.39 M297.13 M210.68 M216.68 M131.59 M131.59 MNon-controlling/minority interest———————After tax other income/expense———————Net income before discontinued operations423.48 M737.44 M992.19 M738.75 M786.19 M453.01 M453.01 MDiscontinued operations———————Net income423.48 M737.44 M992.19 M738.75 M786.19 M453.01 M453.01 MDilution adjustment———————Preferred dividends———————Diluted net income available to common stockholders423.48 M737.44 M992.19 M738.75 M786.19 M453.01 M453.01 MBasic earnings per share (Basic EPS)5.629.813.5210.0910.856.46.4Diluted earnings per share (Diluted EPS)5.59.6413.379.9610.726.356.35Average basic shares outstanding75.44 M75.22 M73.39 M73.24 M72.48 M70.82 M284.87 MDiluted shares outstanding76.97 M76.47 M74.2 M74.14 M73.33 M71.35 M287.09 MEBITDA———————EBIT———————Cost of revenue———————Other cost of goods sold———————Depreciation & amortization (cash flow)31.05 M26.25 M24.75 M25.33 M25.96 M25.29 M25.29 M
Meritage Homes Corporation
Meritage Homes Corporation is a publicly traded American real estate development company that constructs a variety of single-family detached homes across the United States. It is the fifth largest home builder in the United States, based on 2023 home sales. The company also develops active adult communities and luxury real estate in Arizona.
The company is headquartered in Scottsdale, Arizona.