Meritage Homes Corporation (MTH)

USD 156.33

(-4.56%)

Annual Income Statements

(In USD)
Breakdown 2023 2022 2021 2020 2019 2018
Revenue 6.13 Billion 6.29 Billion 5.14 Billion 4.5 Billion 3.67 Billion 3.54 Billion
Cost of Revenue 4.61 Billion 4.49 Billion 3.71 Billion 3.53 Billion 2.97 Billion 2.89 Billion
Gross Profit 1.51 Billion 1.8 Billion 1.43 Billion 976 Million 700.19 Million 653.19 Million
Operating Expenses 231.72 Million 516.25 Million 466.85 Million 446.92 Million 392.82 Million 380.37 Million
Selling, General and Administrative Expenses 616.63 Million 516.25 Million 466.85 Million 446.92 Million 392.82 Million 380.37 Million
Research and Development Expenses - - - - - -
Other Expenses - 2.71 Million 4.86 Million 6.66 Million 9.57 Million 10.61 Million
Cost and Expenses 4.84 Billion 5.01 Billion 4.17 Billion 3.97 Billion 3.37 Billion 3.27 Billion
Operating Income - 1.28 Billion 973.34 Million 535.74 Million 316.95 Million 284.03 Million
Interest Expense - 41 Thousand 318 Thousand 2.17 Million 8.37 Million 785 Thousand
Income Tax Expense 210.68 Million 297.12 Million 217.39 Million 110.09 Million 53.28 Million 55.92 Million
Earnings before Tax 949.43 Million 1.28 Billion 954.83 Million 533.56 Million 302.94 Million 283.25 Million
Net Income 738.74 Million 992.19 Million 737.44 Million 423.47 Million 249.66 Million 227.33 Million
Earnings Per Share Basic 20.17 27.04 19.61 11.23 6.55 5.67
Earnings Per Share Diluted 19.93 26.74 19.29 11.00 6.42 5.58
Weighted Average Shares Outstanding 36.61 Million 36.69 Million 37.61 Million 37.71 Million 38.1 Million 40.1 Million
Weighted Average Shares Outstanding (Diluted) 37.06 Million 37.1 Million 38.23 Million 38.48 Million 38.89 Million 40.72 Million
Gross Margin 0.25 0.29 0.28 0.22 0.19 0.18
EBIT Margin 0.15 0.21 0.19 0.13 0.09 0.09
Profit Margin 0.12 0.16 0.14 0.09 0.07 0.06
EBITDA 927.72 Million 1.31 Billion 999.58 Million 566.79 Million 328.61 Million 311 Million
Earnings Before Tax Margin - 0.20 0.19 0.12 0.09 0.08

Income Statement Charts