Meritage Homes Corporation, together with its subsidiaries, designs and builds single-family homes in the United States. The company operates through two segments, Homebuilding and Financial Services. It acquires and develops land; and constructs, markets, and sells homes for first-time and first move-up buyers. The company also offers title insurance and closing/settlement services to its homebuyers. It builds and sells homes in Texas, Arizona, California, Colorado, Florida, North Carolina, South Carolina, Georgia, and Tennessee under the Meritage Homes brand name. Meritage Homes Corporation was founded in 1985 and is based in Scottsdale, Arizona.
Revenue of Meritage Homes Corporation (MTH)
Revenue in 2023 (TTM): $6.14 B
According to Meritage Homes Corporation's latest financial reports the company's current revenue (TTM) is $6.14 B. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Meritage Homes Corporation
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $6.14 B | $1.52 B | $927.72 M | $949.43 M | $738.75 M |
| 2022 | $6.3 B | $1.8 B | $1.31 B | $1.29 B | $992.19 M |
| 2021 | $5.15 B | $1.44 B | $999.59 M | $954.83 M | $737.44 M |
| 2020 | $4.51 B | $976 M | $566.8 M | $533.57 M | $423.48 M |
| 2019 | $3.68 B | $700.19 M | $328.62 M | $302.95 M | $249.66 M |
| 2018 | $3.54 B | $653.2 M | $311.01 M | $283.25 M | $227.33 M |
| 2017 | $3.25 B | $588.55 M | $268.08 M | $247.52 M | $143.26 M |
| 2016 | $3.06 B | $553.11 M | $237.53 M | $218.06 M | $149.54 M |
| 2015 | $2.59 B | $507.98 M | $227.55 M | $189.46 M | $128.74 M |
| 2014 | $2.19 B | $468.8 M | $225.19 M | $208.42 M | $142.24 M |
| 2013 | $1.83 B | $412.37 M | $205.08 M | $177.67 M | $124.46 M |
| 2012 | $1.19 B | $218.2 M | $61.29 M | $28.85 M | $105.16 M |
| 2011 | $861.24 M | $141.11 M | $17.2 M | $-20,376,000 | $-21,106,000 |
| 2010 | $941.66 M | $167.7 M | $44.18 M | $2.48 M | $7.15 M |
| 2009 | $970.31 M | $4.05 M | $-109,425,000 | $-154,799,000 | $-66,456,000 |
| 2008 | $1.52 B | $-36,915,000 | $-236,644,000 | $-275,966,000 | $-291,935,000 |
| 2007 | $2.34 B | $13.05 M | $-271,761,000 | $-456,482,000 | $-288,851,000 |
| 2006 | $3.46 B | $712.63 M | $355.54 M | $364.01 M | $225.35 M |
| 2005 | $3 B | $706.99 M | $439.1 M | $416.23 M | $255.67 M |
| 2004 | $2.04 B | $408.47 M | $213.85 M | $224.76 M | $138.97 M |
| 2003 | $1.47 B | $199.61 M | $154.22 M | $151.46 M | $94.41 M |
| 2002 | $1.12 B | $149.61 M | $114.89 M | $113.54 M | $69.94 M |
| 2001 | $744.17 M | $116.18 M | $86.19 M | $83.34 M | $50.66 M |
| 2000 | $520.47 M | $76.14 M | $58.33 M | $56.76 M | $35.76 M |
| 1999 | $341.79 M | $45.26 M | $32.69 M | $32.21 M | $18.95 M |
| 1998 | $255.98 M | $37.28 M | $28.64 M | $30.5 M | $24 M |
| 1997 | $149.63 M | $25.04 M | $10.31 M | $15.2 M | $14.24 M |
| 1996 | $2.2 M | $2.2 M | $500 K | $ | $200 K |
| 1995 | $3.6 M | $3.6 M | $2 M | $ | $1.1 M |
| 1994 | $2.1 M | $2.1 M | $-3,100,000 | $ | $-4,500,000 |
| 1993 | $500 K | $500 K | $-1,300,000 | $ | $-32,000,000 |
| 1992 | $60.9 M | $60.9 M | $55.8 M | $ | $-19,100,000 |
| 1991 | $96.9 M | $96.9 M | $94 M | $ | $8 M |
| 1990 | $42.9 M | $42.9 M | $39.4 M | $ | $10.8 M |
| 1989 | $41.4 M | $41.4 M | $37.5 M | $ | $6.5 M |