Meritage Homes CORPMTHEarnings & Financial Report
NYSE
Meritage Homes Corporation is a publicly traded American real estate development company that constructs a variety of single-family detached homes across the United States. It is the fifth largest home builder in the United States, based on 2023 home sales. The company also develops active adult communities and luxury real estate in Arizona.
NextFeb 18, 2026
MTH Q2 2022 Key Financial Metrics
Revenue
$1.4B
Gross Profit
$445.4M
Operating Profit
$331.7M
Net Profit
$250.1M
Gross Margin
31.5%
Operating Margin
23.5%
Net Margin
17.7%
YoY Growth
10.5%
EPS
$6.77
Financial Flow
Meritage Homes CORP Q2 2022 Financial Summary
Meritage Homes CORP reported revenue of $1.4B for Q2 2022, with a net profit of $250.1M (17.7% margin). Cost of goods sold was $967.0M, operating expenses totaled $113.7M.
Key Financial Metrics
| Total Revenue | $1.4B |
|---|---|
| Net Profit | $250.1M |
| Gross Margin | 31.5% |
| Operating Margin | 23.5% |
| Report Period | Q2 2022 |
Income Statement
| Q2 2022 | |
|---|---|
| Revenue | $1.41B |
| YoY Growth | 10.5% |
Balance Sheet
| Q2 2022 | |
|---|---|
| Assets | $5.31B |
| Liabilities | $1.90B |
| Equity | $3.41B |
Cash Flow
| Q2 2022 | |
|---|---|
| Operating CF | $-219.0M |