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]
Cash Flow Statements
15 Records · 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||
| Operating Cash Flow (OCF) | 184.00 | 32.00 | -74.00 | -220.00 | -86.00 | -211.00 | -3.00 | -103.00 | -87.00 | 262.00 | 346.00 | 530.00 | -152.00 | 405.00 | 355.00 | |
| Operating Cash (Net) | 184.00 | 32.00 | -74.00 | -220.00 | -86.00 | -211.00 | -3.00 | -103.00 | -87.00 | 262.00 | 346.00 | 530.00 | -152.00 | 405.00 | 355.00 | |
| Accounts Receivable | - - | - - | - - | -6.00 | -18.00 | -25.00 | -7.00 | -17.00 | -17.00 | 3.00 | -42.00 | -88.00 | -65.00 | -102.00 | -64.00 | |
| 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 | |
|
Working Capital
|
- - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| Change | 120.00 | 13.00 | -69.00 | -298.00 | -241.00 | -386.00 | -171.00 | -291.00 | -284.00 | -22.00 | 33.00 | 42.00 | -951.00 | -644.00 | -436.00 | |
| Other WC | 144.00 | 35.00 | -47.00 | -22.00 | -27.00 | -37.00 | 13.00 | -5.00 | 27.00 | -5.00 | 29.00 | 82.00 | -886.00 | 5.00 | -37.00 | |
| Investing Activities | ||||||||||||||||
| Used Cash (Net) | -145.00 | -174.00 | 141.00 | 23.00 | 1.00 | -62.00 | -16.00 | -20.00 | -17.00 | -33.00 | -13.00 | -18.00 | -26.00 | -32.00 | -43.00 | |
| Capital Expenditure | -3.00 | -6.00 | -7.00 | -10.00 | -15.00 | -20.00 | -16.00 | -16.00 | -18.00 | -33.00 | -24.00 | -19.00 | -25.00 | -26.00 | -38.00 | |
| Purchases of Investments | -125.00 | -424.00 | -197.00 | -136.00 | -166.00 | -35.00 | -1.00 | - - | -1.00 | -1.00 | - - | -2.00 | -2.00 | -1.00 | - - | |
| Sale/Maturity of Investment | - - | 250.00 | 348.00 | 198.00 | 163.00 | 124.00 | 1.00 | - - | 1.00 | 1.00 | - - | 2.00 | 2.00 | 1.00 | - - | |
| Property, Plant, Equipment (P&PE) | -3.00 | -6.00 | -7.00 | -10.00 | -15.00 | -20.00 | -16.00 | -16.00 | -18.00 | -33.00 | -24.00 | -19.00 | -25.00 | -26.00 | -38.00 | |
| Acquisitions (Net) | - - | -243.00 | 7.00 | - - | -18.00 | -131.00 | - - | -7.00 | - - | - - | -1.00 | - - | -1.00 | -5.00 | -5.00 | |
| Other Investing Activities | -16.00 | 250.00 | -10.00 | -26.00 | 39.00 | - - | - - | 3.00 | 1.00 | - - | 12.00 | 1.00 | - - | - - | - - | |
| Financing Activities | ||||||||||||||||
| Used Cash (Net) | -4.00 | -3.00 | -2.00 | -193.00 | -188.00 | -103.00 | -178.00 | -6.00 | -143.00 | -87.00 | -325.00 | -85.00 | -51.00 | -129.00 | -252.00 | |
| Debt Repayment | - - | -197.00 | - - | -315.00 | -102.00 | -10.00 | -23.00 | -21.00 | -137.00 | -190.00 | -309.00 | -16.00 | -331.00 | -20.00 | -153.00 | |
| Dividends Paid | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | -39.00 | |
|
Common Stock
|
- - | - - | - - | - - | - - | - - | - - | - - | - - | 100 | 16 | 69 | 60 | 109 | 59 | |
| Issued | - - | - - | 2.00 | 87.00 | - - | 110.00 | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| Repurchased | - - | - - | - - | - - | - - | - - | - - | - - | - - | -100.00 | -16.00 | -69.00 | -60.00 | -109.00 | -59.00 | |
| Other Financing Activities | 4.00 | 194.00 | -3.00 | 421.00 | 291.00 | 3.00 | 201.00 | 14.00 | 280.00 | 202.00 | -325.00 | -85.00 | 443.00 | - - | -150.00 | |
| Cash Balances | ||||||||||||||||
| Begin of Period | 205.00 | 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 | |
| End of Period | 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 | |
| Change | 43.00 | -145.00 | 69.00 | -3.00 | 103.00 | -170.00 | 158.00 | -130.00 | 39.00 | 140.00 | 8.00 | 426.00 | -127.00 | 243.00 | 59.00 | |
| Non-Cash Balances | ||||||||||||||||
| Depreciation and Amortization | 8.00 | 7.00 | 7.00 | 8.00 | 9.00 | 11.00 | 14.00 | 15.00 | 16.00 | 26.00 | 27.00 | 31.00 | 26.00 | 24.00 | 25.00 | |
| Stock Based Compensation | 6.00 | 5.00 | 7.00 | 8.00 | 9.00 | 12.00 | 15.00 | 13.00 | 12.00 | - - | 19.00 | 19.00 | 20.00 | 22.00 | 22.00 | |
| Other | -9.00 | 3.00 | -21.00 | 34.00 | 19.00 | 11.00 | 11.00 | 7.00 | 5.00 | 15.00 | 9.00 | 14.00 | -2.00 | 10.00 | 4.00 | |
| Highlighted metrics | ||||||||||||||||
| Free Cash Flow (FCF) | 180.00 | 26.00 | -81.00 | -231.00 | -102.00 | -232.00 | -19.00 | -120.00 | -105.00 | 228.00 | 322.00 | 510.00 | -177.00 | 378.00 | 317.00 | |
| Cash Conversion Cycle (CCC) | 31.00 | -3.00 | -12.00 | 363.00 | 351.00 | 389.00 | 356.00 | 341.00 | 363.00 | 338.00 | 326.00 | 277.00 | 356.00 | 344.00 | 367.00 | |
| Invested Capital | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
|
Other Operating Inflows/Outflows
|
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| Forex Effect on Cash | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - |