Meritage Homes Overview
- Year Founded
-
1985
- Status
-
Public
- Employees
-
1,838
- Stock Symbol
-
MTH
- Investments
-
4
- Share Price
-
$195.56
- (As of Thursday Closing)
Meritage Homes General Information
Description
Meritage Homes Corp is engaged as a designer and builder of single-family attached and detached homes. It has operations in three regions: West, Central, and East, which are comprised of ten states: Arizona, California, Colorado, Texas, Florida, Georgia, North Carolina, South Carolina, Tennessee, and Utah. The company operates with two principal business segments; homebuilding and financial services. The homebuilding segments are engaged in the business of acquiring and developing land, constructing homes, marketing and selling those homes and providing warranty and customer services and the financial services segment offer title and escrow, mortgage, and insurance services. The company generates key revenue from the homebuilding segment.
Contact Information
Website
www.meritagehomes.comCorporate Office
- 18655 North Claret Drive
- Suite 400
- Scottsdale, AZ 85255
- United States
Corporate Office
- 18655 North Claret Drive
- Suite 400
- Scottsdale, AZ 85255
- United States
Meritage Homes Stock Performance
(As of Thursday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $195.56 | $191.78 | $109.23 - $210.58 | $7.1B | 36.3M | 426K | $23.02 |
Meritage Homes Financials Summary
|
In Thousands, USD |
TTM 30-Jun-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 | FY 2021 31-Dec-2021 |
|---|---|---|---|---|
| EV | 6,026,608 | 6,358,579 | 4,252,267 | 5,175,744 |
| Revenue | 6,457,707 | 6,137,607 | 6,298,154 | 5,147,326 |
| EBITDA | 1,102,929 | 974,764 | 1,314,107 | 981,397 |
| Net Income | 838,182 | 738,748 | 992,192 | 737,444 |
| Total Assets | 6,923,980 | 6,353,134 | 5,772,101 | 4,807,533 |
| Total Debt | 1,368,370 | 1,062,255 | 1,173,429 | 1,186,209 |
Meritage Homes Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Meritage Homes Comparisons
Industry
Financing
Details
00 000
000 00
Meritage Homes Competitors (13)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| KB Home | Corporation | Los Angeles, CA | 0000 | 00.000 | 000000000 00 | 00.000 |
| TRI Pointe Homes | Formerly PE-Backed | Incline Village, NV | 0000 | 00.00 | 00000000000 | 00.00 |
| Beazer Homes USA | Corporation | Atlanta, GA | 0000 | 00.000 | 000000000 00 | 00.000 |
| Taylor Morrison Home | Formerly PE-Backed | Scottsdale, AZ | 0000 | 00.000 | 000000000 00 | 00.000 |
| PulteGroup | Corporation | Atlanta, GA | 0000 | 00.000 | 000000000000 | 00.000 |
Meritage Homes Patents
Meritage Homes Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20120221492-A1 | Model home and methods of use thereof | Inactive | 28-Feb-2011 | 000000000 |
Meritage Homes Executive Team (14)
| Name | Title | Board Seat |
|---|---|---|
| Phillippe Lord | Chief Executive Officer & Board Member | |
| Hilla Sferruzza | Chief Financial Officer, Finance & Executive Vice President | |
| Clinton Szubinski | Chief Operating Officer, Operations & Executive Vice President | |
| Alison Sasser | Chief Accounting Officer, Accounting & Controller, Finance | |
| Kelsey Covey | Director, Marketing |
Meritage Homes Board Members (12)
| Name | Representing | Role | Since |
|---|---|---|---|
| 0000 00000000 | Self | Board Member | 000 0000 |
| 0000000 00000000 | Self | Board Member | 000 0000 |
| 000000 0000000 | Self | Board Member | 000 0000 |
| 000000 000000 | Self | Board Member | 000 0000 |
| 00000 0000000 00 | Self | Board Member | 000 0000 |
Meritage Homes Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
15.0K
Majestic Referring Domains
314
Meritage Homes Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
Meritage Homes Investments & Acquisitions (4)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Legendary Communities | 01-Aug-2014 | 0000000000 | 00000 | Building Products | 000000 00 |
| Phillips Builders | 01-Sep-2013 | 0000000000 | 000.00 | Construction and Engineering | 000000 00 |
| Sunset Farms | 01-Apr-2010 | 000000000 | Buildings and Property | ||
| Homeplex Mortgage Investments | 13-Jan-1997 | Merger/Acquisition | Consumer Finance | 000000 00 |
Meritage Homes Subsidiaries (1)
| Company Name | Industry | Location | Founded |
|---|---|---|---|
| Mth Golf | Leisure Facilities | Casa Grande, AZ | 0000 |
Meritage Homes ESG
Risk Overview
Risk Rating
Updated May, 10, 2023
12.13 | Low Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
00.0
Management
Management is related to actions taken to manage ESG issues
00.00
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
00 of 16,009
Rank
Percentile
Homebuilders
Industry
0. of 83
Rank
Percentile
Homebuilding
Subindustry
0. of 83
Rank
Percentile
Meritage Homes FAQs
-
When was Meritage Homes founded?
Meritage Homes was founded in 1985.
-
Who is the founder of Meritage Homes?
William Cleverly is the founder of Meritage Homes.
-
Who is the CEO of Meritage Homes?
Phillippe Lord is the CEO of Meritage Homes.
-
Where is Meritage Homes headquartered?
Meritage Homes is headquartered in Scottsdale, AZ.
-
What is the size of Meritage Homes?
Meritage Homes has 1,838 total employees.
-
What industry is Meritage Homes in?
Meritage Homes’s primary industry is Construction and Engineering.
-
Is Meritage Homes a private or public company?
Meritage Homes is a Public company.
-
What is Meritage Homes’s stock symbol?
The ticker symbol for Meritage Homes is MTH.
-
What is the current stock price of Meritage Homes?
As of 12-Sep-2024 the stock price of Meritage Homes is $195.56.
-
What is the current market cap of Meritage Homes?
The current market capitalization of Meritage Homes is $7.1B.
-
What is Meritage Homes’s current revenue?
The trailing twelve month revenue for Meritage Homes is $6.46B.
-
Who are Meritage Homes’s competitors?
KB Home, TRI Pointe Homes, Beazer Homes USA, Taylor Morrison Home, and PulteGroup are some of the 13 competitors of Meritage Homes.
-
What is Meritage Homes’s annual earnings per share (EPS)?
Meritage Homes’s EPS for 12 months was $23.02.
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