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
Net Income (Common)

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Meritage Homes Corp
Net Income (Common) Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Net Income (Common) CAGR 3Y CAGR 5Y CAGR 10Y
Meritage Homes Corp
NYSE:MTH
Net Income (Common)
$812.4m
CAGR 3-Years
8%
CAGR 5-Years
30%
CAGR 10-Years
19%
Lennar Corp
NYSE:LEN
Net Income (Common)
$4.2B
CAGR 3-Years
1%
CAGR 5-Years
16%
CAGR 10-Years
22%
Toll Brothers Inc
NYSE:TOL
Net Income (Common)
$1.6B
CAGR 3-Years
24%
CAGR 5-Years
22%
CAGR 10-Years
17%
NVR Inc
NYSE:NVR
Net Income (Common)
$1.6B
CAGR 3-Years
11%
CAGR 5-Years
14%
CAGR 10-Years
19%
D R Horton Inc
NYSE:DHI
Net Income (Common)
$4.8B
CAGR 3-Years
4%
CAGR 5-Years
24%
CAGR 10-Years
24%
Pultegroup Inc
NYSE:PHM
Net Income (Common)
$2.9B
CAGR 3-Years
13%
CAGR 5-Years
26%
CAGR 10-Years
20%
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 Net Income (Common)?
Net Income (Common)
812.4m USD

Based on the financial report for Sep 30, 2024, Meritage Homes Corp's Net Income (Common) amounts to 812.4m USD.

What is Meritage Homes Corp's Net Income (Common) growth rate?
Net Income (Common) CAGR 10Y
19%

Over the last year, the Net Income (Common) growth was 1%. The average annual Net Income (Common) growth rates for Meritage Homes Corp have been 8% over the past three years , 30% over the past five years , and 19% over the past ten years .

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