Meritage Homes CORP (MTH) stock
Close on Oct 30, 2026Market cap $4.20BP/E 14.6Yield 0.67%
Earnings
Meritage Homes's quarterly results as reported in its earnings releases, with the company's own outlook. Hover a number to see the sentence it came from.
Quarterly results
Revenue and earnings per share from each of Meritage Homes's earnings releases, newest first
| Quarter | Reported | Revenue | YoY | EPS | Adj. EPS | Source |
|---|---|---|---|---|---|---|
| Q4 FY2026ended Dec 31, 2026 | Jan 27, 2027Expected | – | – | – | – | – |
| Q3 FY2026ended Sep 30, 2026 | Oct 28, 2026after the close | $1.16B | -17.9% | $1.04 | $1.11 | Release |
| Q2 FY2026ended Jun 30, 2026 | Jul 29, 2026during market hours | $1.40B | – | $1.37 | $1.42 | Release |
| Q1 FY2026ended Mar 31, 2026 | Apr 22, 2026during market hours | $1.12B | -17.7% | $0.82 | $0.86 | Release |
| Q4 FY2025ended Dec 31, 2025 | Jan 28, 2026during market hours | $1.40B | – | $1.20 | $1.67 | Release |
| Q3 FY2025ended Sep 30, 2025 | Oct 28, 2025during market hours | $1.42B | -10.7% | $1.39 | $1.55 | Release |
| Q2 FY2025ended Jun 30, 2025 | Jul 23, 2025during market hours | – | – | $2.04 | – | Release |
| Q1 FY2025ended Mar 31, 2025 | Apr 23, 2025during market hours | $1.36B | -7.4% | $1.69 | – | Release |
| Q4 FY2024ended Dec 31, 2024 | Jan 29, 2025during market hours | – | – | – | – | Release |
| Q3 FY2024ended Sep 30, 2024 | Oct 29, 2024during market hours | $1.59B | -1.5% | $5.34 | – | Release |
| Q2 FY2024ended Jun 30, 2024 | Jul 24, 2024during market hours | $1.69B | +9.8% | $6.31 | – | Release |
| Q1 FY2024ended Mar 31, 2024 | Apr 24, 2024during market hours | $1.47B | +16.2% | $5.06 | – | Release |
| Q4 FY2023ended Dec 31, 2023 | Jan 31, 2024during market hours | $1.65B | -16.7% | $5.38 | – | Release |
| Q3 FY2023ended Sep 30, 2023 | Oct 31, 2023during market hours | $1.61B | +2.6% | $5.98 | – | Release |
| Q2 FY2023ended Jun 30, 2023 | Jul 27, 2023during market hours | $1.54B | +9.2% | $5.02 | – | Release |
| Q1 FY2023ended Mar 31, 2023 | Apr 26, 2023during market hours | $1.26B | +1.3% | $3.54 | – | Release |
| Q4 FY2022ended Dec 31, 2022 | Feb 1, 2023during market hours | $1.98B | +32.4% | $7.09 | – | Release |
| Q3 FY2022ended Sep 30, 2022 | Oct 26, 2022during market hours | $1.57B | +20.7% | $7.10 | – | Release |
| Q2 FY2022ended Jun 30, 2022 | Jul 27, 2022during market hours | $1.41B | – | $6.77 | – | Release |
| Q1 FY2022ended Mar 31, 2022 | Apr 27, 2022during market hours | $1.25B | – | $5.79 | – | Release |
| Q4 FY2021ended Dec 31, 2021 | Jan 26, 2022during market hours | $1.50B | – | $6.25 | – | Release |
| Q3 FY2021ended Sep 30, 2021 | Oct 27, 2021during market hours | $1.30B | – | $5.25 | – | Release |
| Q2 FY2021ended Jun 30, 2021 | Jul 28, 2021during market hours | – | – | – | – | Filing |
| Q1 FY2021ended Mar 31, 2021 | Apr 28, 2021during market hours | – | – | – | – | Filing |
| Q4 FY2020ended Dec 31, 2020 | Jan 27, 2021during market hours | – | – | – | – | Filing |
| Q3 FY2020ended Sep 30, 2020 | Oct 21, 2020during market hours | – | – | – | – | Filing |
Figures as first announced; later restatements appear under Financials. Expected dates are estimated from the company's past reporting pattern.
Current guidance
Meritage Homes's latest outlook for periods it has not reported yet, compared with what it said before
| Metric | Period | Guidance | Before | Change | Given |
|---|---|---|---|---|---|
| home closing revenue | FY2026 | -5% | – | New | Jul 29, 2026 |
| community count growth | FY2026 | +5% – +10% | – | New | Jul 29, 2026 |
| home closing volume | FY2026 | -5% | – | Lowered | Jul 29, 2026 |
| share repurchases | FY2026 | $400.00M | – | New | Jan 28, 2026 |
Guidance vs results
The last range Meritage Homes gave before each report, against the figure it then reported. Full years add up the four quarters.
| Period | Metric | Guidance | Actual | Result |
|---|---|---|---|---|
| Q4 FY2025 | EPS (GAAP) | $1.51 – $1.70 | $1.20 | Below range |
| Q4 FY2025 | Revenue | $1.46B – $1.54B | $1.40B | Below range |
| Q4 FY2023 | EPS (GAAP) | $4.84 – $5.43 | $5.38 | Within range |
| Q4 FY2023 | Revenue | $1.45B – $1.53B | $1.65B | Above range |
| Q4 FY2022 | EPS (GAAP) | $6.50 – $7.40 | $7.09 | Within range |
| Q4 FY2022 | Revenue | $1.85B – $2.10B | $1.98B | Within range |
Guidance history
Every forecast Meritage Homes put in an earnings release, newest first
| Given | Metric | Period | Guidance | Change |
|---|---|---|---|---|
| Jul 29, 2026 | community count growth | FY2026 | +5% – +10% | New |
| Jul 29, 2026 | home closing volume | FY2026 | -5% | Lowered |
| Jul 29, 2026 | home closing revenue | FY2026 | -5% | New |
| Jan 28, 2026 | share repurchases | FY2026 | $400.00M | New |
| Oct 28, 2025 | Diluted EPS | Q4 FY2025 | $1.51 – $1.70 | New |
| Oct 28, 2025 | Home closing gross margin | Q4 FY2025 | 19% – 20% | New |
| Oct 28, 2025 | Home closing volume | Q4 FY2025 | 3800 – 4000 | New |
| Oct 28, 2025 | Effective tax rate | Q4 FY2025 | 24.5% | New |
| Oct 28, 2025 | Home closing revenue | Q4 FY2025 | $1.46B – $1.54B | New |
| Apr 23, 2025 | Home closing volume | FY2025 | 16,250 – 16,750 | New |
| Apr 23, 2025 | Home closing revenue | FY2025 | $6.60B – $6.90B | New |
| Oct 29, 2024 | Diluted EPS | Q4 FY2024 | $4.10 – $4.60 | New |
| Oct 29, 2024 | Home closing gross margin | Q4 FY2024 | 22.5% – 23.5% | New |
| Oct 29, 2024 | Home closing volume | Q4 FY2024 | 3750 – 3950 | New |
| Oct 29, 2024 | Effective tax rate | Q4 FY2024 | 22.5% | New |
| Oct 29, 2024 | Home closing revenue | Q4 FY2024 | $1.50B – $1.59B | New |
| Jul 24, 2024 | Diluted EPS | FY2024 | $19.80 – $21.00 | Raised |
| Jul 24, 2024 | Home closing gross margin | FY2024 | 24.5% – 25% | Reaffirmed |
| Jul 24, 2024 | Home closing volume | FY2024 | 14,750 – 15,500 | Raised |
| Jul 24, 2024 | Effective tax rate | FY2024 | 22.5% | Reaffirmed |
| Jul 24, 2024 | Home closing revenue | FY2024 | $6.10B – $6.30B | Raised |
| Apr 24, 2024 | Diluted EPS | FY2024 | $19.20 – $20.70 | New |
| Apr 24, 2024 | Home closing gross margin | FY2024 | 24.5% – 25% | New |
| Apr 24, 2024 | Home closing volume | FY2024 | 14,500 – 15,000 | New |
| Apr 24, 2024 | Effective tax rate | FY2024 | 22.5% | New |
| Apr 24, 2024 | Home closing revenue | FY2024 | $6.00B – $6.20B | New |
| Oct 31, 2023 | diluted EPS | Q4 FY2023 | $4.84 – $5.43 | New |
| Oct 31, 2023 | Home closing gross margin | Q4 FY2023 | 25% – 26% | New |
| Oct 31, 2023 | home closings | Q4 FY2023 | 3500 – 3700 | New |
| Oct 31, 2023 | effective tax rate | Q4 FY2023 | 23% | New |
| Oct 31, 2023 | home closing revenue | Q4 FY2023 | $1.45B – $1.53B | New |
| Jul 27, 2023 | diluted EPS | FY2023 | $19.12 – $19.80 | New |
| Jul 27, 2023 | Home closing gross margin | FY2023 | 24% | New |
| Jul 27, 2023 | home closings | FY2023 | 13,300 – 13,800 | Raised |
| Jul 27, 2023 | effective tax rate | FY2023 | 22.5% | New |
| Jul 27, 2023 | home closing revenue | FY2023 | $5.85B – $6.07B | New |
| Apr 26, 2023 | communities | FY2023 | 300 | New |
| Oct 26, 2022 | diluted EPS | Q4 FY2022 | $6.50 – $7.40 | New |
| Oct 26, 2022 | Home closing gross margin | Q4 FY2022 | 25% | New |
| Oct 26, 2022 | home closings | Q4 FY2022 | 4300 – 4700 | New |
| Oct 26, 2022 | effective tax rate | Q4 FY2022 | 23.5% | New |
| Oct 26, 2022 | home closing revenue | Q4 FY2022 | $1.85B – $2.10B | New |
| Apr 27, 2022 | diluted EPS | FY2022 | $26.30 – $27.90 | Raised |
| Apr 27, 2022 | Home closing gross margin | FY2022 | 28% | Raised |
| Apr 27, 2022 | home closings | FY2022 | 14,500 – 15,500 | Reaffirmed |
| Apr 27, 2022 | effective tax rate | FY2022 | 25% | Reaffirmed |
| Apr 27, 2022 | home closing revenue | FY2022 | $6.50B – $6.90B | Raised |
| Jan 26, 2022 | diluted EPS | FY2022 | $23.15 – $24.65 | New |
| Jan 26, 2022 | Home closing gross margin | FY2022 | 27.75% | New |
| Jan 26, 2022 | home closings | FY2022 | 14,500 – 15,500 | New |
| Jan 26, 2022 | effective tax rate | FY2022 | 25% | New |
| Jan 26, 2022 | home closing revenue | FY2022 | $6.10B – $6.50B | New |
| Oct 27, 2021 | diluted EPS | FY2021 | $18.75 – $19.40 | New |
| Oct 27, 2021 | Home closing gross margin | FY2021 | 27.5% – 27.75% | New |
| Oct 27, 2021 | home closings | FY2021 | 12,600 – 12,900 | New |
| Oct 27, 2021 | projected effective tax rate | FY2021 | 23% | New |
| Oct 27, 2021 | home closing revenue | FY2021 | $5.05B – $5.15B | New |
Read from the company's earnings releases; each figure links to its sentence on hover. “Raised” and “Lowered” compare with the previous range for the same metric and period.
Press releases
Releases Meritage Homes filed with the SEC as exhibits to Form 8-K or 6-K
- Results
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- News
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- Update
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