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Meritage Corp (MTH)

Meritage Corp (MTH)
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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.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Mar, 2026 Dec, 2025 Sep, 2025 Jun, 2025 Mar, 2025
Sales 1,123,470 1,435,760 1,423,860 1,633,410 1,364,610
Sales Growth -21.75% +0.84% -12.83% +19.70% -15.85%
Net Income 55,310 84,030 99,300 146,880 122,810
Net Income Growth -34.18% -15.38% -32.39% +19.60% -28.87%
(Values in U.S. Thousands) Mar, 2026 Dec, 2025 Sep, 2025 Jun, 2025 Mar, 2025
Total Assets 7,554,610 7,622,290 7,758,510 7,756,370 7,700,220
Total Assets Growth -0.89% -1.76% +0.03% +0.73% +7.51%
Total Liabilities 2,460,840 2,426,640 2,470,990 2,487,200 2,505,470
Total Liabilities Growth +1.41% -1.79% -0.65% -0.73% +23.97%
(Values in U.S. Thousands) Mar, 2026 Dec, 2025 Sep, 2025 Jun, 2025 Mar, 2025
Operating Cash Flow 101,310 118,290 -125,390 -28,880 -42,580
Operating Cash Flow Growth -14.35% +194.34% -334.18% +32.17% +81.29%
Net Cash Flow -8,530 123,600 77,380 278,910 360,100
Change in Net Cash Flow -106.90% +59.73% -72.26% -22.55% +233.53%
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