Meritage Homes Corp
NYSE:MTH

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Meritage Homes Corp
NYSE:MTH
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Price: 154.61 USD Market Closed
Market Cap: 5.6B USD
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Balance Sheet

Balance Sheet Decomposition
Meritage Homes Corp

Current Assets 6.7B
Cash & Short-Term Investments 831.6m
Receivables 286.9m
Other Current Assets 5.6B
Non-Current Assets 411.6m
Long-Term Investments 18.2m
PP&E 101.9m
Intangibles 33m
Other Non-Current Assets 258.6m
Current Liabilities 759.4m
Accounts Payable 287.4m
Accrued Liabilities 424.6m
Other Current Liabilities 47.4m
Non-Current Liabilities 1.3B
Long-Term Debt 1.3B

Balance Sheet
Meritage Homes Corp

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Balance Sheet
Currency: USD
Dec-2014 Dec-2015 Dec-2016 Dec-2017 Dec-2018 Dec-2019 Dec-2020 Dec-2021 Dec-2022 Dec-2023
Assets
Cash & Cash Equivalents
103
262
132
171
312
320
746
618
862
921
Cash Equivalents
103
262
132
171
312
320
746
618
862
921
Total Receivables
57
57
70
79
77
89
99
148
215
267
Inventory
1 878
2 098
2 422
2 731
2 743
2 744
2 778
3 734
4 358
4 721
Other Current Assets
71
70
75
85
84
114
103
71
113
134
Total Current Assets
2 109
2 487
2 700
3 067
3 216
3 267
3 726
4 571
5 548
6 044
PP&E Net
32
34
33
34
55
51
39
58
58
100
PP&E Gross
32
0
33
34
55
51
39
58
58
100
Accumulated Depreciation
34
0
48
57
83
93
97
87
85
74
Goodwill
0
0
0
0
0
0
0
33
33
33
Long-Term Investments
11
11
17
17
18
4
4
6
12
17
Other Long-Term Assets
64
59
53
35
27
26
36
41
46
48
Other Assets
100
88
86
99
51
51
60
132
110
144
Total Assets
2 316
N/A
2 680
+16%
2 889
+8%
3 251
+13%
3 366
+4%
3 398
+1%
3 864
+14%
4 808
+24%
5 772
+20%
6 353
+10%
Liabilities
Accounts Payable
84
106
141
141
128
155
175
216
273
272
Accrued Liabilities
143
151
171
167
170
218
262
300
335
399
Short-Term Debt
0
0
0
0
0
0
0
0
0
0
Other Current Liabilities
41
46
28
48
36
33
59
80
63
62
Total Current Liabilities
267
304
340
356
335
405
496
596
672
733
Long-Term Debt
935
1 117
1 127
1 284
1 310
1 019
1 020
1 160
1 151
1 008
Other Liabilities
4
0
0
35
0
0
0
7
0
0
Total Liabilities
1 207
N/A
1 421
+18%
1 467
+3%
1 674
+14%
1 645
-2%
1 424
-13%
1 517
+6%
1 763
+16%
1 823
+3%
1 741
-4%
Equity
Common Stock
0
0
0
0
0
0
0
0
0
0
Retained Earnings
570
699
849
992
1 219
1 468
1 892
2 629
3 621
4 321
Additional Paid In Capital
539
560
573
585
502
505
456
415
328
291
Total Equity
1 110
N/A
1 259
+13%
1 422
+13%
1 577
+11%
1 721
+9%
1 974
+15%
2 348
+19%
3 044
+30%
3 950
+30%
4 612
+17%
Total Liabilities & Equity
2 316
N/A
2 680
+16%
2 889
+8%
3 251
+13%
3 366
+4%
3 398
+1%
3 864
+14%
4 808
+24%
5 772
+20%
6 353
+10%
Shares Outstanding
Common Shares Outstanding
39
40
40
40
38
38
38
37
37
36

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