MTHNYSEOperative BuildersFiscal year ends December 31
Meritage Homes CORP
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 31, 2026
$58.38−0.79 (-1.34%)
Close on Oct 19, 2026
- Market cap
- $3.86B
- P/E (TTM)
- 12.2
- Dividend yield
- 0.74%
Meritage Homes CORP revenue by segment
By business segment
| Operating income | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Homebuilding Segment | $562.02M | $1.01B | $955.16M | $1.31B | $1.00B | $557.09M | $330.41M | $287.30M | – | – | -44.4% |
| Financial Services [Member] | $18.62M | $14.41M | $12.47M | $18.29M | $18.03M | $16.39M | $20.58M | $24.04M | $22.06M | $21.90M | +29.2% |
| Homebuilding [Member] | – | – | – | – | – | – | – | – | $254.32M | $226.18M | – |
| Home closings | – | – | – | – | – | – | $330.41M | $287.30M | $254.32M | $226.18M | – |
By product or service
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Homebuilding | $5.82B | $6.36B | $6.11B | $6.27B | $5.12B | $4.48B | $3.65B | $3.51B | $3.23B | $3.03B | 49.9% | -8.5% |
| Home closings | $5.76B | $6.34B | $6.06B | $6.21B | $5.09B | $4.46B | $3.60B | $3.47B | $3.19B | $3.00B | 49.3% | -9.1% |
| Land closings | $60.84M | $22.33M | $56.23M | $61.23M | $25.24M | $17.73M | $45.85M | $38.71M | $40.00M | $25.80M | 0.5% | +172.5% |
| Financial Services | $33.20M | $31.16M | $25.25M | $23.48M | $21.21M | $19.10M | $16.46M | $15.16M | $14.20M | $12.51M | 0.3% | +6.5% |
| Homebuilding Segment | – | – | – | – | – | $4.46B | $3.60B | $3.47B | – | – | – | – |
By region
From the segment and revenue-disaggregation notes of Meritage Homes's 10-K and 10-Q filings (XBRL). Fourth-quarter figures are the fiscal year less the first nine months. Segment names follow the company's own labels and can change when it reorganizes.