Last $37.18 USD
Change Today +0.48 / 1.31%
Volume 466.9K
MTH On Other Exchanges
Symbol
Exchange
New York
Berlin
As of 8:04 PM 10/20/14 All times are local (Market data is delayed by at least 15 minutes).

Financial Statements for meritage homes corp (MTH)

Year over year, Meritage Homes Corporation has been able to grow revenues from $1.2B USD to $1.8B USD. Most impressively, the company has been able to reduce the percentage of sales devoted to cost of goods sold from 81.58% to 78.02%. This was a driver that led to a bottom line growth from $105.2M USD to $124.5M USD.
Currency in
Millions of US Dollars
As of:Dec 31
2010
Dec 31
2011
Reclassified
Dec 31
2012
Reclassified
Dec 31
2013
4 Year
Trend
Revenues941.7861.21,194.51,820.7
TOTAL REVENUES941.7861.21,194.51,820.7
Cost of Goods Sold767.5704.8974.41,420.5
GROSS PROFIT174.1156.4220.0400.2
Selling General & Admin Expenses, Total136.6139.1163.0218.2
OTHER OPERATING EXPENSES, TOTAL136.6139.1163.0218.2
OPERATING INCOME37.617.357.0182.0
Interest Expense-33.7-30.4-24.2-15.1
NET INTEREST EXPENSE-33.7-30.4-24.2-15.1
Income (Loss) on Equity Investments5.25.810.212.8
Other Non-Operating Income (Expenses)3.32.22.42.8
EBT, EXCLUDING UNUSUAL ITEMS12.4-5.145.3182.5
Other Unusual Items, Total-9.9-15.3-16.5-4.8
Legal Settlements-----8.7--
Other Unusual Items-3.5---5.8-3.8
EBT, INCLUDING UNUSUAL ITEMS2.5-20.428.9177.7
Income Tax Expense-4.70.7-76.353.2
Earnings from Continuing Operations7.2-21.1105.2124.5
NET INCOME7.2-21.1105.2124.5
NET INCOME TO COMMON INCLUDING EXTRA ITEMS7.2-21.1105.2124.5
NET INCOME TO COMMON EXCLUDING EXTRA ITEMS7.2-21.1105.2124.5
 

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MTH:US $37.18 USD +0.48

MTH Competitors

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Company Last Change
AF Gruppen ASA 70.75 NOK -2.25
KB Home $15.89 USD +0.38
MDC Holdings Inc $25.96 USD +0.75
Ryland Group Inc/The $34.65 USD +1.10
YIT OYJ €5.50 EUR +0.045
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Industry Analysis

MTH

Industry Average

Valuation MTH Industry Range
Price/Earnings 10.2x
Price/Sales 0.7x
Price/Book 1.4x
Price/Cash Flow 9.9x
TEV/Sales 0.1x
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