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) Net income
Meritage Homes Corporation's net income for fiscal 2025 was $453.0M, down 42.4% from $786.2M in fiscal 2024. Over the twelve months to 30 September 2026 it was $297.8M. Over the past ten years it has ranged from $128.7M (fiscal 2015) to $992.2M (fiscal 2022); the current reading is higher than 64% of that period. Meritage Homes Corporation ranks 7th of 18 Residential Construction companies by net income.
Net income, annual
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Annual newest first
| Period | Net income | Change |
|---|---|---|
| FY2025 | $453.0M | (42.38%) |
| FY2024 | $786.2M | 6.42% |
| FY2023 | $738.7M | (25.54%) |
| FY2022 | $992.2M | 34.54% |
| FY2021 | $737.4M | 74.14% |
| FY2020 | $423.5M | 69.62% |
| FY2019 | $249.7M | 9.82% |
| FY2018 | $227.3M | 58.69% |
| FY2017 | $143.3M | (4.20%) |
| FY2016 | $149.5M | 16.16% |
Quarterly newest first
| Period | Net income | Change |
|---|---|---|
| Sep 2026 | $67.8M | (25.21%) |
| Jun 2026 | $90.6M | 63.86% |
| Mar 2026 | $55.3M | (34.18%) |
| Dec 2025 | $84.0M | (15.37%) |
| 43 more quarters | Free account |
Against its own ten years
Net income against peers
| Company | Net income |
|---|---|
| TOL Toll Brothers Inc. compare | $1.2B |
| NVR NVR, Inc. compare | $1.0B |
| MTH Meritage Homes Corporation | $297.8M |
| GRBK Green Brick Partners, Inc. compare | $292.9M |
| MHO M/I Homes, Inc. compare | $277.4M |
| IBP Installed Building Products, Inc. compare | $235.7M |
| KBH KB Home compare | $227.6M |
| SKY Champion Homes, Inc. compare | $193.7M |
| CVCO Cavco Industries, Inc. compare | $184.2M |
What Net income is
Net Income tells an investor how much profit a company kept in a period after every cost, interest charge and tax.
Reported line item
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- Revenue
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
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