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Meritage Homes Corporation
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Fundamentals
Gross margin | 19.73% |
Operating margin | 9.21% |
Pretax margin | 9.98% |
Net margin | 7.73% |
Effective tax rate | 22.51% |
ROA | 5.92% |
ROE | 8.65% |
D/E | 0.36x |
Interest coverage ratio | – |
MTH valuation
P/E | 13.72x |
P/S | 0.72x |
P/B | 0.80x |
P/CF | 35.13x |
P/FCF | 45.64x |
P/OCF | 35.13x |
PEG | -0.59x |
EV multiple | 5.28x |
About
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.
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