Meritage Homes Corporation
MTH | NYSE
$66.57
+$2.10 (+3.26%)
Nov 2, 2026, 9:51 AM ET · Market open
Market Data
Market Cap $4.34B
Enterprise Value $5.38B
Beta 1.34
Average Volume 883.49K
Shares Outstanding (Diluted) 65.13M
Shares Change YoY -7.86%
Institutional Ownership N/A
Exchange NYSE
ISIN US59001A1025
Price Performance
Price Change 1M 4.3%
Price Change 3M -7.9%
Price Change 6M 5.6%
Price Change YTD 1.2%
Price Change 1Y 1.2%
Price Change 3Y -0.2%
Price Change 5Y 21.1%
1M CAGR (ann.) 1.9%
1Y CAGR (ann.) -1.2%
5Y CAGR (ann.) 5.8%
All-Time CAGR 16.1%
Valuation
PE Ratio 14.55
Forward PE 13.85
PEG Ratio -0.35
Forward PEG -0.46
PS Ratio 0.81
Forward PS 0.80
PB Ratio 0.83
P/FCF Ratio 8.69
P/Adj. FCF Ratio 8.98
P/OCF Ratio 8.29
EV/Sales 1.03
EV/EBIT 12.26
EV/EBITDA 11.63
EV/FCF 11.11
Earnings Yield 6.9%
FCF Yield 11.5%
Adj. FCF Yield 11.1%
Financial Health
Net Debt $1.17B
Total Debt $1.85B
Cash & Short-Term Investments $677.5M
Total Assets $7.59B
Current Ratio 10.39
Quick Ratio 1.48
Debt / Equity Ratio 0.37
Debt / EBITDA 4.01
Debt / FCF 3.83
OCF / Debt 0.27
Interest Coverage 99.56
Altman Z-Score 3.83
Piotroski F-Score 4
Margins & Profitability
Gross Profit Margin 18.5%
Operating Profit Margin 7.9%
EBITDA Margin 8.9%
Net Profit Margin 5.7%
FCF Margin 9.3%
Adj. FCF Margin 9.0%
SBC / Revenue 0.3%
SBC Impact (per share) -3.3%
Returns
Return on Assets 3.9%
Return on Equity 5.8%
Return on Invested Capital 4.7%
Return on Capital Employed 6.0%
Return on Tangible Assets 3.9%
Historical Growth (CAGR)
Revenue CAGR 3Y -7.1%
Revenue CAGR 5Y 0.6%
Revenue CAGR 10Y 5.9%
EPS CAGR 3Y -25.8%
EPS CAGR 5Y -12.2%
EPS CAGR 10Y 9.4%
FCF CAGR 3Y -21.4%
FCF CAGR 5Y -4.7%
FCF CAGR 10Y 5.5%
Analyst Forecasts
Analyst Rating Hold
Analyst Count 8
EPS Growth Next 3Y N/A
Revenue Growth Next 3Y N/A
Earnings Date Jan 27, 2027
EPS Estimate (next Q) $1.08
EPS Growth Est (next Q) -35.3%
Revenue Est (next Q) $1.29B
Revenue Growth Est (next Q) -9.6%
Fair Value Estimates
Graham Number $88.16
Graham Upside 36.8%
Lynch Fair Value $22.15
Lynch Upside -65.6%
Price Target $76.75
Price Target Upside 19.0%
Cash Flow
Operating Cash Flow $503.2M
Free Cash Flow $483.7M
Adj. Free Cash Flow $467.83M
FCF Per Share $7.48
OCF Per Share $7.78
OCF/S Ratio 9.7%
Income Statement
Revenue $5.2B
Gross Profit $962.38M
Operating Income $410.78M
EBITDA $462.29M
Net Income $297.75M
EPS (Diluted) $4.43
Revenue / Employee $2.8M
Profit / Employee $160.08K
Employees 1,860
Dividends
Annual Dividend $1.87
Dividend Yield 2.90%
Payout Ratio 42.2%
FCF Payout Ratio 25.5%
Adj. FCF Payout Ratio 26.4%
Dividend Growth (YoY) 12.3%
Pay Frequency Quarterly
Ex-Dividend Date Sep 15, 2026
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