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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Meritage Homes Corp
Cash Equivalents

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
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Meritage Homes Corp
Cash Equivalents Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Cash Equivalents CAGR 3Y CAGR 5Y CAGR 10Y
Meritage Homes Corp
NYSE:MTH
Cash Equivalents
$831.6m
CAGR 3-Years
14%
CAGR 5-Years
13%
CAGR 10-Years
26%
Lennar Corp
NYSE:LEN
Cash Equivalents
$4.3B
CAGR 3-Years
15%
CAGR 5-Years
32%
CAGR 10-Years
19%
Toll Brothers Inc
NYSE:TOL
Cash Equivalents
$1.3B
CAGR 3-Years
-7%
CAGR 5-Years
0%
CAGR 10-Years
8%
NVR Inc
NYSE:NVR
Cash Equivalents
$2.5B
CAGR 3-Years
-2%
CAGR 5-Years
18%
CAGR 10-Years
18%
D R Horton Inc
NYSE:DHI
Cash Equivalents
$4.5B
CAGR 3-Years
12%
CAGR 5-Years
25%
CAGR 10-Years
21%
Pultegroup Inc
NYSE:PHM
Cash Equivalents
$1.4B
CAGR 3-Years
-4%
CAGR 5-Years
14%
CAGR 10-Years
1%
No Stocks Found

Meritage Homes Corp
Glance View

Market Cap
5.6B USD
Industry
Consumer products
Economic Moat
None

Meritage Homes Corp., founded in 1985, has carved out a significant niche in the American home-building industry, primarily targeting the growing demand for energy-efficient and cost-effective homes. Based in Scottsdale, Arizona, the company has positioned itself as an innovative leader by committing to value-driven construction. The pivotal moment for Meritage came when they embraced sustainable building practices ahead of many competitors. By integrating energy-efficient features as standard—not optional—in their offerings, Meritage was able to differentiate its product line and tap into the rising consumer awareness around sustainability. This strategic focus not only appealed to eco-conscious buyers but also provided price-conscious families with potential savings on utility bills, adding a practical financial appeal to their homes. Revenue generation at Meritage is a multifaceted process, grounded in the efficient execution of their core home-building operations across various market segments, from entry-level to luxury homes. Their strategy involves acquiring and developing land, designing homes that cater to a variety of demographics, and efficiently managing the construction process to ensure timely delivery. By operating in high-growth markets, often characterized by robust economic conditions and demographic trends that favor homeownership, Meritage maximizes its return on investment. Additionally, their financial performance is buoyed by strategic land acquisition at favorable prices, allowing for competitive pricing strategies that keep margins healthy. Indeed, their judicious approach to balancing cost control and quality construction underpins their financial stability and market reputation, encapsulating a savvy business model designed for long-term growth.

MTH Intrinsic Value
182.86 USD
Undervaluation 15%
Intrinsic Value
Price

See Also

What is Meritage Homes Corp's Cash Equivalents?
Cash Equivalents
831.6m USD

Based on the financial report for Sep 30, 2024, Meritage Homes Corp's Cash Equivalents amounts to 831.6m USD.

What is Meritage Homes Corp's Cash Equivalents growth rate?
Cash Equivalents CAGR 10Y
26%

Over the last year, the Cash Equivalents growth was -21%. The average annual Cash Equivalents growth rates for Meritage Homes Corp have been 14% over the past three years , 13% over the past five years , and 26% over the past ten years .

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