Meritage Homes Corporation
MTH
NYSE
12/31/2023 | 09/30/2023 | 06/30/2023 | 03/31/2023 | 12/31/2022 | |
---|---|---|---|---|---|
Revenue | 6.11B | 6.45B | 6.42B | 6.26B | 6.27B |
Total Other Revenue | 25.25M | 25.41M | 25.61M | 24.54M | 23.48M |
Total Revenue | 6.14B | 6.48B | 6.44B | 6.29B | 6.29B |
Cost of Revenue | 4.62B | 4.87B | 4.82B | 4.59B | 4.49B |
Gross Profit | 1.52B | 1.60B | 1.62B | 1.70B | 1.80B |
SG&A Expenses | 616.63M | 607.59M | 571.70M | 541.08M | 516.25M |
Depreciation & Amortization | -- | -- | -- | -- | -- |
Other Operating Expenses | -- | -- | -- | -- | -- |
Total Operating Expenses | 5.24B | 5.48B | 5.39B | 5.13B | 5.01B |
Operating Income | 902.39M | 995.12M | 1.05B | 1.16B | 1.29B |
Income Before Tax | 949.43M | 1.03B | 1.08B | 1.17B | 1.29B |
Income Tax Expenses | 210.68M | 230.55M | 233.58M | 262.50M | 297.13M |
Earnings from Continuing Operations | 738.75 | 802.26 | 842.99 | 906.24 | 992.19 |
Earnings from Discontinued Operations | -- | -- | -- | -- | -- |
Extraordinary Item & Accounting Change | -- | -- | -- | -- | -- |
Minority Interest in Earnings | -- | -- | -- | -- | -- |
Net Income | 738.75M | 802.26M | 842.99M | 906.24M | 992.19M |
EBIT | 902.39M | 995.12M | 1.05B | 1.16B | 1.29B |
EBITDA | 927.72M | 1.02B | 1.08B | 1.18B | 1.31B |
EPS Basic | 20.18 | 21.90 | 23.02 | 24.76 | 27.05 |
Normalized Basic EPS | 16.22 | 17.63 | 18.37 | 19.96 | 21.97 |
EPS Diluted | 19.92 | 21.63 | 22.75 | 24.50 | 26.75 |
Normalized Diluted EPS | 16.02 | 17.42 | 18.16 | 19.75 | 21.72 |
Average Basic Shares Outstanding | 146.48M | 146.60M | 146.57M | 146.45M | 146.78M |
Average Diluted Shares Outstanding | 148.34M | 148.40M | 148.27M | 148.04M | 148.44M |
Dividend Per Share | 1.08 | 0.81 | 0.54 | 0.27 | -- |
Payout Ratio | 5.35% | 3.70% | 2.36% | 1.10% | -- |