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Side-by-side financial comparison of Meritage Homes CORP (MTH) and Sprouts Farmers Market, Inc. (SFM). Click either name above to swap in a different company.

Sprouts Farmers Market, Inc. is the larger business by last-quarter revenue ($2.3B vs $1.4B, roughly 1.6× Meritage Homes CORP). Meritage Homes CORP runs the higher net margin — 17.7% vs 7.0%, a 10.7% gap on every dollar of revenue. On growth, Meritage Homes CORP posted the faster year-over-year revenue change (10.5% vs 4.1%).

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.

Sprouts Farmers Market, Inc., is a supermarket chain headquartered in Phoenix, Arizona, offering natural and organic foods, including fresh produce, bulk foods, packaged groceries, meat, poultry, seafood, deli, baked goods, dairy products, and frozen foods. They also sell vitamins and supplements, natural body care, and household items. Sprouts employs 35,000 workers and operates more than 400 stores in 24 states.

MTH vs SFM — Head-to-Head

Bigger by revenue
SFM
SFM
1.6× larger
SFM
$2.3B
$1.4B
MTH
Growing faster (revenue YoY)
MTH
MTH
+6.4% gap
MTH
10.5%
4.1%
SFM
Higher net margin
MTH
MTH
10.7% more per $
MTH
17.7%
7.0%
SFM

Income Statement — Q2 FY2022 vs Q1 FY2026

Metric
MTH
MTH
SFM
SFM
Revenue
$1.4B
$2.3B
Net Profit
$250.1M
$163.7M
Gross Margin
31.5%
39.4%
Operating Margin
23.5%
9.2%
Net Margin
17.7%
7.0%
Revenue YoY
10.5%
4.1%
Net Profit YoY
49.4%
-9.1%
EPS (diluted)
$6.77
$1.71

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
SFM
SFM
Q1 26
$2.3B
Q4 25
$2.1B
Q3 25
$2.2B
Q2 25
$2.2B
Q1 25
$2.2B
Q4 24
$2.0B
Q3 24
$1.9B
Q2 24
$1.9B
Net Profit
MTH
MTH
SFM
SFM
Q1 26
$163.7M
Q4 25
$89.8M
Q3 25
$120.1M
Q2 25
$133.7M
Q1 25
$180.0M
Q4 24
$79.6M
Q3 24
$91.6M
Q2 24
$95.3M
Gross Margin
MTH
MTH
SFM
SFM
Q1 26
39.4%
Q4 25
38.0%
Q3 25
38.7%
Q2 25
38.8%
Q1 25
39.6%
Q4 24
38.1%
Q3 24
38.1%
Q2 24
37.9%
Operating Margin
MTH
MTH
SFM
SFM
Q1 26
9.2%
Q4 25
5.7%
Q3 25
7.2%
Q2 25
8.1%
Q1 25
10.1%
Q4 24
5.3%
Q3 24
6.3%
Q2 24
6.7%
Net Margin
MTH
MTH
SFM
SFM
Q1 26
7.0%
Q4 25
4.2%
Q3 25
5.5%
Q2 25
6.0%
Q1 25
8.0%
Q4 24
4.0%
Q3 24
4.7%
Q2 24
5.0%
EPS (diluted)
MTH
MTH
SFM
SFM
Q1 26
$1.71
Q4 25
$0.93
Q3 25
$1.22
Q2 25
$1.35
Q1 25
$1.81
Q4 24
$0.78
Q3 24
$0.91
Q2 24
$0.94

Balance Sheet & Financial Strength

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

Metric
MTH
MTH
SFM
SFM
Cash + ST InvestmentsLiquidity on hand
$272.1M
$252.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$3.4B
$1.4B
Total Assets
$5.3B
$4.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MTH
MTH
SFM
SFM
Q1 26
$252.2M
Q4 25
$257.3M
Q3 25
$322.4M
Q2 25
$261.4M
Q1 25
$285.7M
Q4 24
$265.2M
Q3 24
$309.7M
Q2 24
$177.3M
Stockholders' Equity
MTH
MTH
SFM
SFM
Q1 26
$1.4B
Q4 25
$1.4B
Q3 25
$1.4B
Q2 25
$1.4B
Q1 25
$1.3B
Q4 24
$1.3B
Q3 24
$1.3B
Q2 24
$1.3B
Total Assets
MTH
MTH
SFM
SFM
Q1 26
$4.3B
Q4 25
$4.2B
Q3 25
$4.0B
Q2 25
$3.8B
Q1 25
$3.7B
Q4 24
$3.6B
Q3 24
$3.6B
Q2 24
$3.4B

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
SFM
SFM
Operating Cash FlowLast quarter
$-219.0M
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
SFM
SFM
Q1 26
Q4 25
$138.5M
Q3 25
$167.1M
Q2 25
$111.2M
Q1 25
$299.1M
Q4 24
$124.9M
Q3 24
$209.1M
Q2 24
$91.6M
Free Cash Flow
MTH
MTH
SFM
SFM
Q1 26
Q4 25
$66.3M
Q3 25
$111.4M
Q2 25
$50.4M
Q1 25
$239.6M
Q4 24
$56.2M
Q3 24
$156.3M
Q2 24
$33.9M
FCF Margin
MTH
MTH
SFM
SFM
Q1 26
Q4 25
3.1%
Q3 25
5.1%
Q2 25
2.3%
Q1 25
10.7%
Q4 24
2.8%
Q3 24
8.0%
Q2 24
1.8%
Capex Intensity
MTH
MTH
SFM
SFM
Q1 26
Q4 25
3.4%
Q3 25
2.5%
Q2 25
2.7%
Q1 25
2.7%
Q4 24
3.4%
Q3 24
2.7%
Q2 24
3.0%
Cash Conversion
MTH
MTH
SFM
SFM
Q1 26
Q4 25
1.54×
Q3 25
1.39×
Q2 25
0.83×
Q1 25
1.66×
Q4 24
1.57×
Q3 24
2.28×
Q2 24
0.96×

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%

SFM
SFM

Segment breakdown not available.

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