StockData
Meritage Homes CORP logo

Meritage Homes CORP (MTH) company profile

MTHNYSEOperative BuildersFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 30, 2026Score 9/3024% above fair value
$64.47−0.33 (-0.51%)

Close on Nov 13, 2026Market cap $4.15BP/E 14.6Yield 0.67%

About Meritage Homes

Operative Builders, SIC 1531

Meritage Homes Corporation designs and builds single-family attached and detached homes, focusing primarily on entry-level and first move-up buyers. Its core homebuilding operations are divided into three regional segments: West, Central, and East. The company constructs speculative, move-in ready houses with standardized floor plans and energy-efficient features. In addition to residential construction, Meritage operates a financial services segment that provides title, escrow, and homeowners insurance through wholly-owned subsidiaries, alongside mortgage financing offered via an unconsolidated joint venture.

The company conducts its building and sales activities across twelve U.S. states: Arizona, California, Colorado, Utah, Texas, Tennessee, Alabama, Florida, Georgia, Mississippi, North Carolina, and South Carolina. As of year-end 2025, Meritage was actively marketing houses across 336 residential communities and maintained a portfolio of 77,625 controlled lots. The corporation is organized under Maryland law as a holding company and maintains its principal executive headquarters in Scottsdale, Arizona.

Summary of the business section of Meritage Homes's latest annual report, written by StockData.

Company profile

Company

Legal name
Meritage Homes CORP
Founded
1985
Headquarters
Scottsdale, AZ
Address
18655 North Claret Drive, Suite 400 85255
Phone
(480) 515-8100
Employees
1,860, Dec 31, 2025
Industry
Operative Builders
Incorporated in
Maryland
Fiscal year ends
December 31
Auditor
DELOITTE & TOUCHE LLP, Tempe, Arizona

Stock & identifiers

Ticker
MTH
Exchange
NYSE
IPO date
Jul 26, 1988
Shares outstanding
64M, Oct 26, 2026
Public float
$4.70B, Jun 30, 2025
Filer category
Large accelerated filer
Stock splits
2-for-1, Jan 3, 2025; 2-for-1, Jan 10, 2005; 2-for-1, Apr 29, 2002; 1-for-3 reverse, Jan 2, 1997
SEC CIK
833079
CUSIP
59001A102
ISIN
US59001A1025
FIGI
BBG000F4F1N0
Share class FIGI
BBG001S9F527
LEI
52990044W9UMFJO2FB97
EIN
86-0611231

Executives and directors

Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years

NamePositionShares owned
Phillippe LordChief Executive Officer, Director379,002
Steven J. HiltonExecutive Chairman, Director863,021
Alison SasserSVP - Chief Accounting Officer7,634
Austin M. WoffindenEVP, Corp. Ops & Strategy15,506
Hilla SferruzzaEVP- Chief Financial Officer163,146
Javier FelicianoEVP Chief People Officer63,391
Malissia ClintonEVP - Gen. Counsel, Secretary20,167
Clinton SzubinskiEVP - Chief Operating Officer48,536
R. Odell MichaelDirector9,300
Joseph KeoughDirector3,100
Geisha J. WilliamsDirector6,300
Erin N. LantzDirector3,100
P. Kelly MooneyDirector3,100
Deborah A. HenrettaDirector9,300
Peter L. AxDirector48,058
Dana BradfordDirector1,009,300
Louis E. CalderaDirector3,100
Dennis V. ArriolaDirector12,712

CEO pay and shareholder return

Pay versus performance table from the proxy statement

Fiscal yearCEO total payCEO pay actually paidOther executives (avg)Value of $100 investedPeer group
FY2025$8.11M$4.22M$2.37M$163$205
FY2024$11.97M$10.22M$3.91M$257$252
FY2023$10.84M$21.89M$3.88M$287$255
FY2022$8.02M$5.12M$2.77M$151$143
FY2021$7.92M$13.52M$3.77M$200$185
FY2020$9.56M$15.68M$3.28M$136$122

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

Executive compensation, fiscal 2025

Summary compensation table from the latest proxy statement

ExecutiveSalaryStock awardsIncentive payOtherTotalvs. prior year
Phillippe Lord
CEO
$1.00M$5.70M$1.35M$65.20K$8.11M-32%
Hilla Sferruzza
EVP and CFO
$800.00K$1.86M$582.40K$56.32K$3.30M-37%
Steven J. Hilton
Executive Chairman
$1.00M$1.04M$266.00K$31.47K$2.33M-23%
Malissia Clinton
EVP, GC and Secretary
$560.00K$986.06K$232.96K$64.54K$1.84M-28%
Javier Feliciano
EVP and CPO
$515.00K$880.16K$160.68K$60.59K$1.62M-24%
Clint Szubinski
Former EVP and COO (4)
$413.80K$2.28M–$39.39K$2.73M-59%

Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.

Employees

Headcount reported in annual reports

“At December 31, 2025, we had 1,860 full-time employees, including 374 in management and administration, 74 in our title and insurance companies, 534 in sales and marketing, and 878 in construction and warranty operations.”

Corporate history

Events identified from SEC filings

DateEventDetails
Mar 27, 2018MergerRegistration of securities for a merger or exchange offer (S-4)
Aug 3, 2017MergerRegistration of securities for a merger or exchange offer (S-4)
Jun 24, 2015MergerRegistration of securities for a merger or exchange offer (S-4)
Dec 9, 2013MergerRegistration of securities for a merger or exchange offer (S-4)
Mar 22, 2013MergerRegistration of securities for a merger or exchange offer (S-4)
May 11, 2012MergerRegistration of securities for a merger or exchange offer (S-4)
May 20, 2010MergerRegistration of securities for a merger or exchange offer (S-4)
Sep 29, 2009Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
May 20, 2009Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Mar 29, 2005MergerRegistration of securities for a merger or exchange offer (S-4)
Sep 15, 2004Name changeName changed from MERITAGE CORP to Meritage Homes CORP
May 19, 2004MergerRegistration of securities for a merger or exchange offer (S-4)
Oct 23, 2003MergerRegistration of securities for a merger or exchange offer (S-4)
May 7, 2003MergerRegistration of securities for a merger or exchange offer (S-4)
Jul 3, 2001MergerRegistration of securities for a merger or exchange offer (S-4)
Jul 9, 1998Name changeName changed from MONTEREY HOMES CORP to MERITAGE CORP
Nov 12, 1996MergerRegistration of securities for a merger or exchange offer (S-4)
May 8, 1996Name changeName changed from HOMEPLEX MORTGAGE INVESTMENTS CORP to MONTEREY HOMES CORP

See a number that looks wrong?