vs

Side-by-side financial comparison of Meritage Homes CORP (MTH) and OLIN Corp (OLN). Click either name above to swap in a different company.

OLIN Corp is the larger business by last-quarter revenue ($1.7B vs $1.4B, roughly 1.2× Meritage Homes CORP). Meritage Homes CORP runs the higher net margin — 17.7% vs -8.6%, a 26.3% gap on every dollar of revenue. On growth, Meritage Homes CORP posted the faster year-over-year revenue change (10.5% vs -0.4%).

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.

Olin Corporation is an American manufacturer of ammunition, chlorine, and sodium hydroxide. The company traces its roots to two companies, both founded in 1892: Franklin W. Olin's Equitable Powder Company and the Mathieson Alkali Works. Accidents at Olin chemical plants have exposed employees and nearby residents to health hazards.

MTH vs OLN — Head-to-Head

Bigger by revenue
OLN
OLN
1.2× larger
OLN
$1.7B
$1.4B
MTH
Growing faster (revenue YoY)
MTH
MTH
+10.9% gap
MTH
10.5%
-0.4%
OLN
Higher net margin
MTH
MTH
26.3% more per $
MTH
17.7%
-8.6%
OLN

Income Statement — Q2 FY2022 vs Q4 FY2025

Metric
MTH
MTH
OLN
OLN
Revenue
$1.4B
$1.7B
Net Profit
$250.1M
$-143.2M
Gross Margin
31.5%
1.9%
Operating Margin
23.5%
-9.4%
Net Margin
17.7%
-8.6%
Revenue YoY
10.5%
-0.4%
Net Profit YoY
49.4%
-1517.8%
EPS (diluted)
$6.77
$-1.25

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
MTH
MTH
OLN
OLN
Q4 25
$1.7B
Q3 25
$1.7B
Q2 25
$1.8B
Q1 25
$1.6B
Q4 24
$1.7B
Q3 24
$1.6B
Q2 24
$1.6B
Q1 24
$1.6B
Net Profit
MTH
MTH
OLN
OLN
Q4 25
$-143.2M
Q3 25
$43.7M
Q2 25
$-2.8M
Q1 25
$1.2M
Q4 24
$10.1M
Q3 24
$-25.2M
Q2 24
$72.3M
Q1 24
$47.8M
Gross Margin
MTH
MTH
OLN
OLN
Q4 25
1.9%
Q3 25
10.7%
Q2 25
7.9%
Q1 25
9.0%
Q4 24
9.4%
Q3 24
8.5%
Q2 24
14.5%
Q1 24
12.7%
Operating Margin
MTH
MTH
OLN
OLN
Q4 25
-9.4%
Q3 25
4.8%
Q2 25
2.0%
Q1 25
2.7%
Q4 24
2.8%
Q3 24
1.0%
Q2 24
8.3%
Q1 24
5.9%
Net Margin
MTH
MTH
OLN
OLN
Q4 25
-8.6%
Q3 25
2.6%
Q2 25
-0.2%
Q1 25
0.1%
Q4 24
0.6%
Q3 24
-1.6%
Q2 24
4.4%
Q1 24
2.9%
EPS (diluted)
MTH
MTH
OLN
OLN
Q4 25
$-1.25
Q3 25
$0.37
Q2 25
$-0.01
Q1 25
$0.01
Q4 24
$0.10
Q3 24
$-0.21
Q2 24
$0.62
Q1 24
$0.40

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
MTH
MTH
OLN
OLN
Cash + ST InvestmentsLiquidity on hand
$272.1M
$167.6M
Total DebtLower is stronger
$2.8B
Stockholders' EquityBook value
$3.4B
$1.8B
Total Assets
$5.3B
$7.3B
Debt / EquityLower = less leverage
1.55×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MTH
MTH
OLN
OLN
Q4 25
$167.6M
Q3 25
Q2 25
Q1 25
Q4 24
$175.6M
Q3 24
Q2 24
Q1 24
Total Debt
MTH
MTH
OLN
OLN
Q4 25
$2.8B
Q3 25
$3.0B
Q2 25
$3.0B
Q1 25
$3.0B
Q4 24
$2.7B
Q3 24
$2.8B
Q2 24
$2.8B
Q1 24
$2.7B
Stockholders' Equity
MTH
MTH
OLN
OLN
Q4 25
$1.8B
Q3 25
$2.0B
Q2 25
$2.0B
Q1 25
$2.0B
Q4 24
$2.0B
Q3 24
$2.1B
Q2 24
$2.1B
Q1 24
$2.2B
Total Assets
MTH
MTH
OLN
OLN
Q4 25
$7.3B
Q3 25
$7.6B
Q2 25
$7.7B
Q1 25
$7.7B
Q4 24
$7.6B
Q3 24
$7.5B
Q2 24
$7.7B
Q1 24
$7.6B
Debt / Equity
MTH
MTH
OLN
OLN
Q4 25
1.55×
Q3 25
1.52×
Q2 25
1.52×
Q1 25
1.50×
Q4 24
1.34×
Q3 24
1.34×
Q2 24
1.31×
Q1 24
1.24×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
MTH
MTH
OLN
OLN
Operating Cash FlowLast quarter
$-219.0M
$321.2M
Free Cash FlowOCF − Capex
$-225.4M
FCF MarginFCF / Revenue
-16.0%
Capex IntensityCapex / Revenue
0.5%
Cash ConversionOCF / Net Profit
-0.88×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MTH
MTH
OLN
OLN
Q4 25
$321.2M
Q3 25
$26.7M
Q2 25
$212.3M
Q1 25
$-86.0M
Q4 24
$141.7M
Q3 24
$189.9M
Q2 24
$90.6M
Q1 24
$81.0M
Free Cash Flow
MTH
MTH
OLN
OLN
Q4 25
Q3 25
$-44.4M
Q2 25
Q1 25
$-147.4M
Q4 24
$90.7M
Q3 24
$146.6M
Q2 24
$34.1M
Q1 24
$36.7M
FCF Margin
MTH
MTH
OLN
OLN
Q4 25
Q3 25
-2.6%
Q2 25
Q1 25
-9.0%
Q4 24
5.4%
Q3 24
9.2%
Q2 24
2.1%
Q1 24
2.2%
Capex Intensity
MTH
MTH
OLN
OLN
Q4 25
Q3 25
4.2%
Q2 25
Q1 25
3.7%
Q4 24
3.1%
Q3 24
2.7%
Q2 24
3.4%
Q1 24
2.7%
Cash Conversion
MTH
MTH
OLN
OLN
Q4 25
Q3 25
0.61×
Q2 25
Q1 25
-71.67×
Q4 24
14.03×
Q3 24
Q2 24
1.25×
Q1 24
1.69×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

MTH
MTH

Home Building$1.4B100%
Equity Method Investment Nonconsolidated Investee Or Group Of Investees$9.8M1%
Financial Service$5.1M0%
Land Closing$3.4M0%

OLN
OLN

Chlorinechlorinederivativesandothercoproducts$456.2M27%
Causticsoda$400.2M24%
Militaryandlawenforcement$304.6M18%
Epoxyresins$194.9M12%
Aromaticsandallylics$164.4M10%
Commercial$144.8M9%

Related Comparisons