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]
Ratios
15 Records · Starting from 2009Margins, Growth Rates In %
| Ratio | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||||||||
| Gross Margin | 0.42 | 17.81 | 16.38 | 18.28 | 22.49 | 21.40 | 19.59 | 18.10 | 18.08 | 18.43 | 19.04 | 21.66 | 27.88 | 28.63 | 24.75 | |
| Profit Margin | -6.85 | 0.76 | -2.45 | 8.81 | 6.79 | 6.49 | 4.97 | 4.89 | 4.40 | 6.41 | 6.79 | 9.40 | 14.33 | 15.75 | 12.04 | |
| Operating Margin | -13.79 | 3.30 | 0.23 | 4.62 | 10.59 | 9.47 | 7.97 | 7.01 | 7.46 | 8.01 | 8.62 | 11.89 | 18.91 | 20.47 | 20.70 | |
|
EPS Growth
|
78.69 | 110.38 | -395.46 | 575.39 | 11.65 | 5.80 | -10.96 | 15.08 | -4.81 | 59.27 | 15.52 | 71.45 | 74.62 | 37.89 | -25.41 | |
| EPS USD | -212.00 | 22.00 | -65.00 | 309.00 | 345.00 | 365.00 | 325.00 | 374.00 | 356.00 | 567.00 | 655.00 | 1,123.00 | 1,961.00 | 2,704.00 | 2,017.00 | |
| Return on Assets (ROA) | -5.35 | 0.58 | -1.73 | 6.67 | 6.21 | 6.14 | 4.78 | 5.18 | 4.41 | 6.75 | 7.35 | 10.96 | 15.34 | 17.19 | 11.63 | |
| Return on Equity (ROE) | -13.69 | 1.43 | -4.32 | 15.15 | 14.79 | 12.82 | 10.23 | 10.52 | 9.09 | 13.21 | 12.65 | 18.04 | 24.22 | 25.12 | 16.02 | |
| Return on Invested Capital (ROIC) | -5.27 | 8.10 | 0.19 | 15.37 | 7.79 | 6.92 | 5.88 | 5.73 | 4.61 | 7.51 | 8.63 | 12.52 | 17.88 | 19.45 | 17.26 | |
| Solvency | ||||||||||||||||
| Equity Ratio | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| Debt/Assets | 48.69 | 49.45 | 49.65 | 38.97 | 45.18 | 40.38 | 41.92 | 39.54 | 45.34 | 39.09 | 30.99 | 27.13 | 24.13 | 19.94 | 17.57 | |
| Debt/Equity | 124.64 | 121.16 | 124.03 | 88.45 | 107.57 | 84.29 | 89.58 | 80.36 | 93.48 | 76.45 | 53.35 | 44.65 | 38.10 | 29.13 | 24.21 | |
| Debt/EBITDA | -258.15 | 1,612.87 | 21,510.79 | 938.24 | 305.54 | 369.40 | 394.04 | 416.21 | 415.20 | 321.09 | 202.83 | 48.42 | 54.19 | 22.00 | 14.45 | |
|
Debt/Capitalization
|
55.48 | 54.78 | 55.36 | 46.94 | 51.82 | 45.74 | 47.25 | 44.56 | 48.32 | 43.33 | 34.79 | 30.87 | 27.59 | 22.56 | 19.49 | |
| Long-Term Debt/Capitalization | 55.48 | 54.78 | 55.36 | 51.01 | 51.82 | 45.74 | 47.25 | 44.23 | 44.88 | 43.22 | 34.05 | 30.29 | 27.59 | 22.56 | 18.72 | |
| Interest Debt per Share USD | 20.46 | 19.95 | 19.67 | 18.74 | 25.49 | 24.10 | 28.89 | 28.70 | 36.68 | 32.82 | 27.86 | 27.85 | 30.85 | 31.36 | 30.48 | |
| Debt Growth | -3.81 | 0.13 | 0.10 | 19.19 | 25.22 | 3.33 | 20.59 | -0.04 | 13.88 | 2.05 | -22.22 | 0.11 | 13.72 | -0.81 | -7.68 | |
| Liquidity | ||||||||||||||||
| Current Ratio | 332.92 | 363.77 | 276.16 | 856.00 | 689.73 | 798.36 | 824.77 | 797.24 | 855.16 | 951.03 | 113.22 | 741.63 | 791.37 | 844.88 | 938.38 | |
| Quick Ratio | 322.19 | 355.93 | 266.52 | 120.30 | 122.01 | 59.93 | 105.17 | 59.45 | 70.31 | 116.16 | 100.66 | 170.05 | 128.53 | 161.99 | 185.19 | |
| Cash Ratio | 163.78 | 87.24 | 137.72 | 107.51 | 106.82 | 38.68 | 86.31 | 38.75 | 48.01 | 93.07 | 78.83 | 150.19 | 103.77 | 128.24 | 143.58 | |
| Operating Cash Flow Ratio | 100 | - - | - - | -100 | - - | - - | - - | - - | - - | - - | - - | 100 | - - | - - | - - | |
| Turnover | ||||||||||||||||
| Inventory Turnover | - - | - - | - - | 87.63 | 101.15 | 91.70 | 99.35 | 103.37 | 97.62 | 105.40 | 108.50 | 127.08 | 99.40 | 103.14 | 97.83 | |
| Receivables Turnover | 840.51 | 4,519.59 | 5,767.77 | 5,883.07 | 4,704.30 | 3,859.26 | 4,524.85 | 4,344.70 | 4,103.58 | 4,585.52 | 4,156.13 | 4,571.54 | 3,488.58 | 2,929.12 | 2,298.97 | |
| Payables Turnover | 3,189.41 | 3,281.02 | 1,908.40 | 615.23 | 2,089.90 | 2,059.15 | 1,958.45 | 1,779.62 | 1,897.49 | 2,255.40 | 1,920.77 | 2,014.44 | 1,718.45 | 1,645.01 | 1,700.20 | |
|
Asset Turnover
|
78.08 | 76.87 | 70.51 | 75.76 | 91.54 | 94.58 | 96.36 | 105.82 | 100.11 | 105.30 | 108.23 | 116.61 | 107.07 | 109.11 | 96.61 | |
| Fixed Turnover | 143.74 | 127.44 | 105.62 | 7,594.31 | 8,298.47 | 6,760.59 | 7,631.90 | 9,206.42 | 9,678.07 | 6,491.17 | 7,267.60 | 11,574.51 | 13,785.02 | 16,301.68 | 12,537.75 | |
| Coverage | ||||||||||||||||
| Interest Coverage | -366.17 | 92.27 | 6.62 | 227.61 | 1,286.42 | 4,018.11 | 1,294.79 | 4,141.90 | 6,303.30 | 36,183.31 | 3,786.74 | 24,609.23 | 306,081.76 | 3,144,778.05 | - - | |
| Asset Coverage | 100 | 100 | 100 | 100 | 100 | 200 | 200 | 200 | 200 | 200 | 200 | 300 | 300 | 400 | 500 | |
| Cash Flow Coverage (CFGR) | 30.43 | 5.37 | -12.23 | -35.91 | -9.53 | -22.59 | -0.30 | -9.05 | -5.91 | 19.93 | 32.93 | 50.59 | -13.11 | 35.22 | 31.85 | |
| EBITDA Coverage | -300 | - - | - - | 200 | 1,300 | 4,300 | 1,300 | 4,600 | 6,900 | 39,600 | 4,100 | 26,000 | 314,300 | 3,205,100 | - - | |
| Dividend Coverage | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | -1,800 | |
| Time Interest Earned (TIE) | - - | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 200 | 300 | 300 | 200 | |
| Market Prospects | ||||||||||||||||
| Dividend Yield | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | 0.62 | |
| Earnings Yield | -10.97 | 1.01 | -2.81 | 8.27 | 7.18 | 10.13 | 9.57 | 10.75 | 6.95 | 15.44 | 10.72 | 13.56 | 16.06 | 29.33 | 11.58 | |
|
Price/Earnings (P/E)
|
-9.1187 | 99.5429 | -35.5794 | 12.0958 | 13.9211 | 9.8721 | 10.4535 | 9.3029 | 14.3988 | 6.4783 | 9.3257 | 7.3766 | 6.2251 | 3.4098 | 8.6349 | |
| Price/Earnings Growth (PEG) | 11.59 | -90.18 | 9.00 | -2.10 | 119.49 | 170.29 | -95.39 | 61.70 | -299.17 | 10.93 | 60.09 | 10.32 | 8.34 | 9.00 | -33.99 | |
|
Price/Book (P/B)
|
124.84 | 142.35 | 153.59 | 183.23 | 205.93 | 126.56 | 106.90 | 97.87 | 130.81 | 85.59 | 117.95 | 133.05 | 150.79 | 85.66 | 138.32 | |
| Price/Tangible Book (P/TB) | 124.84 | 142.35 | 153.59 | 183.23 | 205.93 | 126.56 | 106.90 | 97.87 | 130.81 | 85.59 | 117.95 | 133.05 | 150.79 | 85.66 | 138.32 | |
| Price/Sales (P/S) | 62.45 | 75.58 | 87.19 | 106.56 | 94.48 | 64.10 | 51.91 | 45.51 | 63.37 | 41.56 | 63.31 | 69.32 | 89.19 | 53.72 | 103.93 | |
|
Price/Cash Flow (P/CF)
|
329.21 | 2,186.51 | -1,012.92 | -576.92 | -2,008.30 | -664.73 | -40,352.81 | -1,345.39 | -2,367.32 | 561.68 | 671.33 | 589.00 | -3,018.36 | 834.80 | 1,794.02 | |
| Price/Free CF (P/FCF) | 335.80 | 2,720.48 | -924.60 | -549.83 | -1,697.72 | -605.17 | -6,927.30 | -1,158.69 | -1,960.21 | 643.72 | 722.10 | 612.00 | -2,582.57 | 894.32 | 2,009.90 | |
| Price/Operating CF (P/OCF) | 329.21 | 2,186.51 | -1,012.92 | -576.92 | -2,008.30 | -664.73 | -40,352.81 | -1,345.39 | -2,367.32 | 561.68 | 671.33 | 589.00 | -3,018.36 | 834.80 | 1,794.02 |