Meritage Homes Corporation, together with its subsidiaries, designs and builds single-family homes in the United States. The company operates through two segments, Homebuilding and Financial Services. It acquires and develops land; and constructs, markets, and sells homes for first-time and first move-up buyers. The company also offers title insurance and closing/settlement services to its homebuyers. It builds and sells homes in Texas, Arizona, California, Colorado, Florida, North Carolina, South Carolina, Georgia, and Tennessee under the Meritage Homes brand name. Meritage Homes Corporation was founded in 1985 and is based in Scottsdale, Arizona.

Meritage Homes Corporation

Hearthstone is an institutional investment manager in the U.S. dedicated solely to the residential homebuilding industry, self-described as the first and largest in this sector.

Hearthstone

Meritage Homes is a new home builder that focuses on energy-efficient new homes. The company designs and constructs homes across multiple states in the United States.

Metric
Company Name	Meritage Homes Corporation	Hearthstone
Symbol	MTH
MSH ID	COM:MERITAGEHOMES	COM:HEARTHSTONE
Market	STOCKS	PRIVATE
Sector	Consumer Cyclical	Real Estate
Industry	Residential Construction	Residential Development
Country	US	US
Stage
Employee Count	1.84K
Website	meritagehomes.com	hearthstone.com
LinkedIn
Founders

Metric
Market Cap	5.81B
Enterprise Value
Monthly Web Traffic
Web Traffic Growth
Valuation
Raised Capital

Metric
Revenue	6.11B
Revenue (LTM)
Revenue (NTM)
Gross Profit	1.50B
EBITDA	1.27B
Operating Income	1.27B
Net Income	738.75M
EPS	20.17
Diluted EPS	19.93
Revenue 2022
Revenue 2023
Revenue 2024
Revenue 2025
Revenue 2026

Metric
Revenue Growth (LTM)
Revenue Growth (NTM)
Gross Profit Growth (LTM)
EBITDA Growth (LTM)
Net Income Growth (LTM)
14-Day Growth Score
28-Day Growth Score
90-Day Growth Score
365-Day Growth Score

Metric
Gross Profit Margin	0.26
Operating Profit Margin	0.20
EBITDA Margin	0.21
Net Profit Margin	0.13
Return on Equity	0.18
Return on Assets	0.12
Return on Capital Employed	0.22

COM:MERITAGEHOMES

Meritage Homes

Last Close

177.68

22/11 21:00

Market Cap

5.81B

Beta: -

Volume Today

319.21K

Avg: -

Company Overview

Market Metrics

Financial Performance

Growth Metrics

Profitability Ratios

Valuation Multiples

Operational Metrics

Cash Flow Metrics

Balance Sheet Metrics

Efficiency Metrics

Metric
P/E Ratio	7.51
P/B Ratio	1.20
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio	1.19
EV Multiple	6.76

Metric
Days Sales Outstanding	15.90
Days Payables Outstanding	21.47
Days Inventory Outstanding	408.17
Operating Cycle	422.75
Cash Conversion Cycle	399.80
Asset Turnover	0.97

Metric
Operating Cash Flow	355.57M
Free Cash Flow	317.38M
Cash Flow to Debt	0.32
Operating Cash Flow/Sales	0.06
Free Cash Flow Yield	0.08

Metric
Cash & Equivalents	921.23M
Accounts Receivable	-64.17M
Inventory	4.72B
Goodwill	218.58M
Debt to Capitalization	0.22
Debt to Assets
Current Ratio	4.37
Quick Ratio	4.17

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue	0.00
R&D to Revenue
SG&A to Revenue	0.04