Meritage Homes Corporation
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, market…
Residential Construction
US, Scottsdale [HQ]
Balance Sheet
15 Sheets · Starting from 2009In Million USD. Margins, Growth Rates In %
| Metric | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | 1,242.00 | 1,224.00 | 1,221.00 | 1,575.00 | 2,003.00 | 2,316.00 | 2,690.00 | 2,888.00 | 3,251.00 | 3,365.00 | 3,398.00 | 3,864.00 | 4,807.00 | 5,772.00 | 6,353.00 | |
|
Current
|
506.00 | 433.00 | 348.00 | 1,357.00 | 1,770.00 | 2,132.00 | 2,505.00 | 2,709.00 | 3,041.00 | 3,182.00 | 458.00 | 3,681.00 | 4,715.00 | 5,676.00 | 6,020.00 | |
| Cash And Equivalents | 249.00 | 103.00 | 173.00 | 170.00 | 274.00 | 103.00 | 262.00 | 131.00 | 170.00 | 311.00 | 319.00 | 745.00 | 618.00 | 861.00 | 921.00 | |
| Assets | 1,242.00 | 1,224.00 | 1,221.00 | 1,575.00 | 2,003.00 | 2,316.00 | 2,690.00 | 2,888.00 | 3,251.00 | 3,365.00 | 3,398.00 | 3,864.00 | 4,807.00 | 5,772.00 | 6,353.00 | |
| Accounts Receivables (AR) | - - | - - | - - | -6.00 | -18.00 | -25.00 | -7.00 | -17.00 | -17.00 | 3.00 | -42.00 | -88.00 | -65.00 | -102.00 | -64.00 | |
| Inventory | - - | - - | - - | 1,113.00 | 1,405.00 | 1,877.00 | 2,098.00 | 2,422.00 | 2,731.00 | 2,742.00 | 2,744.00 | 2,778.00 | 3,734.00 | 4,358.00 | 4,721.00 | |
| Short Term Investments | 125.00 | 299.00 | 147.00 | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | 11.00 | - - | |
| Other Current Assets | 16.00 | 9.00 | 12.00 | 38.00 | 51.00 | 38.00 | 47.00 | 42.00 | 52.00 | 51.00 | -2,693.00 | 59.00 | 215.00 | 241.00 | 111.00 | |
|
Non Current
|
735.00 | 791.00 | 873.00 | 218.00 | 233.00 | 183.00 | 184.00 | 179.00 | 209.00 | 182.00 | 2,939.00 | 182.00 | 91.00 | 95.00 | 332.00 | |
| Property, Plant, Equipment (Net) | 675.00 | 738.00 | 815.00 | 15.00 | 22.00 | 32.00 | 33.00 | 33.00 | 33.00 | 54.00 | 50.00 | 38.00 | 37.00 | 38.00 | 48.00 | |
|
Intangible Assets
|
3.00 | 2.00 | 1.00 | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| Goodwill | - - | - - | - - | - - | 39.00 | 32.00 | 32.00 | 32.00 | 32.00 | 32.00 | 114.00 | 103.00 | 124.00 | 164.00 | 218.00 | |
| Long Term Investments | 11.00 | 10.00 | 11.00 | 98.00 | 101.00 | 10.00 | 11.00 | 17.00 | 17.00 | 17.00 | 4.00 | 4.00 | 5.00 | 11.00 | 17.00 | |
| Other Non Current Assets | 48.00 | 41.00 | 46.00 | 42.00 | - - | 43.00 | 47.00 | 42.00 | 91.00 | 51.00 | 2,744.00 | - - | -116.00 | -164.00 | - - | |
| Liabilities | 757.00 | 724.00 | 732.00 | 881.00 | 1,161.00 | 1,206.00 | 1,431.00 | 1,467.00 | 1,674.00 | 1,644.00 | 1,424.00 | 1,516.00 | 1,763.00 | 1,822.00 | 1,741.00 | |
|
Current
|
152.00 | 119.00 | 126.00 | 158.00 | 256.00 | 267.00 | 303.00 | 339.00 | 355.00 | 334.00 | 405.00 | 496.00 | 595.00 | 671.00 | 641.00 | |
| Accounts Payable | -24.00 | -21.00 | -21.00 | 29.00 | 86.00 | 14.00 | 31.00 | 43.00 | 8.00 | - - | 42.00 | 88.00 | 948.00 | 76.00 | 22.00 | |
| Short Term Debt | - - | - - | - - | -108.00 | - - | - - | - - | 15.00 | 190.00 | 5.00 | 34.00 | 28.00 | - - | - - | 54.00 | |
| Deferred Revenue | - - | - - | - - | 12.00 | 21.00 | 29.00 | 36.00 | 28.00 | 34.00 | 28.00 | 24.00 | 25.00 | 42.00 | 37.00 | 36.00 | |
| Tax Payable | - - | - - | 3.00 | 3.00 | 22.00 | 11.00 | 9.00 | 9.00 | 14.00 | 7.00 | 8.00 | 34.00 | 37.00 | 25.00 | 25.00 | |
| Other Current Liabilities | 121.00 | 95.00 | 88.00 | 96.00 | 166.00 | 154.00 | 161.00 | 155.00 | -9.00 | 172.00 | 191.00 | 267.00 | 337.00 | 360.00 | 279.00 | |
|
Non Current
|
605.00 | 605.00 | 606.00 | 722.00 | 905.00 | 939.00 | 1,127.00 | 1,127.00 | 1,318.00 | 1,310.00 | 1,018.00 | 1,020.00 | 1,167.00 | 1,150.00 | 1,099.00 | |
| Long Term Debt | 605.00 | 605.00 | 606.00 | 722.00 | 905.00 | 935.00 | 1,127.00 | 1,127.00 | 1,283.00 | 1,310.00 | 1,018.00 | 1,020.00 | 1,160.00 | 1,150.00 | 1,062.00 | |
| Leasing Obligations | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | 34.00 | 28.00 | 26.00 | 22.00 | 54.00 | |
| Deferred Non Current Tax Liabilities | - - | - - | - - | -121.00 | -21.00 | -29.00 | -257.00 | -259.00 | -34.00 | -1,181.00 | 9.00 | 8.00 | 10.00 | 10.00 | 13.00 | |
| Other Non Current Liabilities | - - | - - | - - | 108.00 | - - | 4.00 | 221.00 | 231.00 | 34.00 | 1,153.00 | -33.00 | -33.00 | 7.00 | -1,150.00 | 37.00 | |
| Equity | 485.00 | 499.00 | 488.00 | 694.00 | 841.00 | 1,109.00 | 1,258.00 | 1,421.00 | 1,576.00 | 1,720.00 | 1,973.00 | 2,347.00 | 3,044.00 | 3,949.00 | 4,611.00 | |
| Stockholders' Equity | 485.00 | 499.00 | 488.00 | 694.00 | 841.00 | 1,109.00 | 1,258.00 | 1,421.00 | 1,576.00 | 1,720.00 | 1,973.00 | 2,347.00 | 3,044.00 | 3,949.00 | 4,611.00 | |
| Retained Earnings | 212.00 | 219.00 | 198.00 | 303.00 | 428.00 | 570.00 | 699.00 | 848.00 | 991.00 | 1,218.00 | 1,468.00 | 1,891.00 | 2,629.00 | 3,621.00 | 4,320.00 | |
| Common Stock | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| Preferred Stock | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| Profit | -66.00 | 7.00 | -21.00 | 105.00 | 124.00 | 142.00 | 128.00 | 149.00 | 143.00 | 227.00 | 249.00 | 423.00 | 737.00 | 992.00 | 738.00 | |
| Dividends | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | -39.00 | |
| Minority Interest | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| Other Stockholders' Equity | 311.00 | 318.00 | 323.00 | 418.00 | 443.00 | 572.00 | 598.00 | 620.00 | 641.00 | 501.00 | 505.00 | 455.00 | 414.00 | 327.00 | 290.00 | |
| Loss Other Compr. Income | -38.00 | -38.00 | -33.00 | -28.00 | -31.00 | -34.00 | -39.00 | -47.00 | -57.00 | - - | - - | - - | - - | - - | - - |