Meritage Homes Corporation
MTH Consumer Cyclical Residential Construction
Meritage Homes Corporation’s revenue for fiscal 2025 (year ended December 2025) was $5.9 billion, down 8.40% from fiscal 2024.
- Revenue
- −17.4%
- EPS
- −25.7%
- Free cash flow
- +66.2%
- Total debt
- +1.25%
Quarter to September 2026, against a year earlier
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Meritage Homes Corporation (MTH) Free cash flow
Meritage Homes Corporation's free cash flow for fiscal 2025 was $92.8M, compared with −$256.0M in fiscal 2024. Over the twelve months to 30 September 2026 it was $484.0M. Over the past ten years it has ranged from −$256.0M (fiscal 2024) to $511.1M (fiscal 2020); the current reading is higher than 55% of that period. Meritage Homes Corporation ranks 7th of 18 Residential Construction companies by free cash flow.
Free cash flow, annual
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Annual newest first
| Period | Free cash flow | Change |
|---|---|---|
| FY2025 | $92.8M | — |
| FY2024 | −$256.0M | — |
| FY2023 | $317.8M | (16.10%) |
| FY2022 | $378.8M | — |
| FY2021 | −$177.2M | — |
| FY2020 | $511.1M | 58.30% |
| FY2019 | $322.9M | 41.07% |
| FY2018 | $228.9M | — |
| FY2017 | −$104.9M | — |
| FY2016 | −$119.9M | — |
Quarterly newest first
| Period | Free cash flow | Change |
|---|---|---|
| Sep 2026 | −$35.3M | — |
| Jun 2026 | $184.0M | 89.51% |
| Mar 2026 | $97.1M | (59.23%) |
| Dec 2025 | $238.2M | — |
| 43 more quarters | Free account |
Against its own ten years
Free cash flow against peers
| Company | Free cash flow |
|---|---|
| TOL Toll Brothers Inc. compare | $1.1B |
| NVR NVR, Inc. compare | $818.9M |
| MTH Meritage Homes Corporation | $484.0M |
| IBP Installed Building Products, Inc. compare | $247.6M |
| CVCO Cavco Industries, Inc. compare | $232.8M |
| SKY Champion Homes, Inc. compare | $230.8M |
| MHO M/I Homes, Inc. compare | $146.5M |
| GRBK Green Brick Partners, Inc. compare | $69.9M |
| KBH KB Home compare | $28.7M |
What Free cash flow is
Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.
Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)
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