
NYSEConsumer CyclicalResidential Construction
Latest quote
$60.07
−$2.75 · -4.38%
Meritage Homes Corporation, alongside its associated companies, focuses on the design and construction of single-family residences throughout the United States. The enterprise operates primarily through two distinct divisions: home construction and financial services. Its core business involves acquiring and developing land, followed by the building, marketing, and selling of homes, predominantly targeting first-time buyers and those seeking their initial upgrade. Furthermore, the company provides its homebuyers with crucial services such as title insurance and support for closing and settlement processes. Meritage Homes constructs and sells properties under its own brand name across a wide geographic footprint, including Texas, Arizona, California, Colorado, Florida, North Carolina, South Carolina, Georgia, and Tennessee. The company was established in 1985 and has its corporate headquarters situated in Scottsdale, Arizona.
Previous close
$60.07
−$2.75 · -4.38%
After-hours
$60.07
$0.00 · 0.00%
Oct 7, 4:00 PM ET
Regular session · ET · Market data may be delayed.
Meritage Homes Corporation, alongside its associated companies, focuses on the design and construction of single-family residences throughout the United States. The enterprise operates primarily through two distinct divisions: home construction and financial services. Its core business involves acquiring and developing land, followed by the building, marketing, and selling of homes, predominantly targeting first-time buyers and those seeking their initial upgrade. Furthermore, the company provides its homebuyers with crucial services such as title insurance and support for closing and settlement processes. Meritage Homes constructs and sells properties under its own brand name across a wide geographic footprint, including Texas, Arizona, California, Colorado, Florida, North Carolina, South Carolina, Georgia, and Tennessee. The company was established in 1985 and has its corporate headquarters situated in Scottsdale, Arizona.
Day range
Current $60.07
52-week range
Current $60.07
Regular session · ET · Market data may be delayed.
GoAI Score
Hold
Valuation
65
Undervalued
Sentiment
61
Bullish
Risk
41
Elevated Risk
Momentum
51
Neutral
Full GoAI research
Thesis, catalysts, evidence, and risk analysis.
Meritage Homes Corporation, alongside its associated companies, focuses on the design and construction of single-family residences throughout the United States. The enterprise operates primarily through two distinct divisions: home construction and financial services. Its core business involves acquiring and developing land, followed by the building, marketing, and selling of homes, predominantly targeting first-time buyers and those seeking their initial upgrade. Furthermore, the company provides its homebuyers with crucial services such as title insurance and support for closing and settlement processes. Meritage Homes constructs and sells properties under its own brand name across a wide geographic footprint, including Texas, Arizona, California, Colorado, Florida, North Carolina, South Carolina, Georgia, and Tennessee. The company was established in 1985 and has its corporate headquarters situated in Scottsdale, Arizona.
Day range
Current $60.07
52-week range
Current $60.07
Profitability as a percentage of reported revenue.
Revenue
Operating income
Net income
| Metric (USD) | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | 5.86B USD | 6.4B USD | 6.14B USD | 6.29B USD | 5.14B USD |
| Cost of goods sold | 4.69B USD | 4.8B USD | 4.62B USD | 4.49B USD | 3.7B USD |
| Gross profit | 1.15B USD | 1.6B USD | 1.52B USD | 1.8B USD | 1.44B USD |
| Selling, general, and administrative | 211.76M USD | 639.93M USD | 616.63M USD | 516.25M USD | 466.85M USD |
| Operating expenses | 616.17M USD | 639.93M USD | 616.63M USD | 516.25M USD | 466.85M USD |
| Interest expense | — | — | — | 41K USD | 318K USD |
| Depreciation and amortization | 25.29M USD | 25.96M USD | 25.33M USD | 24.75M USD | 26.25M USD |
| Operating income | 537.48M USD | 958.35M USD | 902.39M USD | 1.29B USD | 970.58M USD |
| Net income | 453.01M USD | 786.19M USD | 738.75M USD | 992.19M USD | 737.44M USD |
Company facts updated Oct 8, 2026.
Reported history and fiscal-year consensus
Reported history and fiscal-year consensus
Funds reporting this stock among their holdings, ordered by reported position size.
Vanguard Morningstar Total Stock Market ETFVTI140.24M0.01%2.3T USD0.03%$381.03-0.40%
iShares Russell 2000 ETFIWM106.94M0.14%78.56B USD0.19%$277.7-1.29%
Vanguard Morningstar Small-Cap ETFVB101.35M0.05%185.3B USD0.03%$286.98-1.41%
U.S. Small Cap Value Portfolio ETF Class SharesDFSV65.51M0.24%27.03B USD0.33%$37.79-1.23%
Vanguard Morningstar Small-Cap Value ETFVBR64.29M0.09%68.2B USD0.05%$232.17-1.32%
iShares U.S. Home Construction ETFITB53.91M2.19%2.35B USD0.37%$84.70-2.59%
Vanguard Extended Market ETFVXF53.84M0.06%95.4B USD0.05%$233.49-1.56%
State Street SPDR S&P Homebuilders ETFXHB48.12M3.18%1.53B USD0.35%$94.89-2.55%
Vanguard Morningstar Total Stock Market ETFVTI
iShares Russell 2000 ETFIWM
Vanguard Morningstar Small-Cap ETFVB
U.S. Small Cap Value Portfolio ETF Class SharesDFSV
Vanguard Morningstar Small-Cap Value ETFVBR
iShares U.S. Home Construction ETFITB
Vanguard Extended Market ETFVXF
State Street SPDR S&P Homebuilders ETFXHBAI-generated and delayed market data for informational and educational purposes only. Not investment advice.