Some might say it's important to tell you that we've been around since 1985. Or that we've won a slew of awards ranging from Forbes' Platinum 400 Best Big Companies of America to being the recipient of Texas' Builder of the Year five times, or being named ENERGY STAR® Partner of the Year. But we're about practicality and doing things that actually make a difference in your life and the way you live. For instance, you're probably a lot more interested in knowing that Meritage builds new, beautifully designed, energy-efficient homes that can save you as much as 50% on your utility bills.* Or, that we were the first national top 10 homebuilder to have every home we build be 100% ENERGY STAR certified. That means it saves you energy and money. With more than 90,000 homes built, our focus, since day one, has been to build incredible new homes and communities in prime locations for fantastic prices. We build them for real people: People with families and those without; people with everyday, busy lives, and those who are now enjoying a more relaxed lifestyle. But more than anything, we build energy-efficient homes and communities for people who appreciate a home being built the way it can, and should, be built. For you it means having a new home that comes standard with ENERGY STAR features that save money and energy, month after month, at no extra cost to you
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Scottsdale, US
Size (employees)
1,485 (est)
Meritage Homes Corporation was founded in 1985 and is headquartered in Scottsdale, US
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Meritage Homes Corporation Office Locations

Meritage Homes Corporation has an office in Scottsdale
Scottsdale, US (HQ)
300 8800 E Raintree Dr
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Meritage Homes Corporation Financials and Metrics

Meritage Homes Corporation Financials

Meritage Homes Corporation's revenue was reported to be $3.03 b in FY, 2016 which is a 18% increase from the previous period.

Revenue (FY, 2016)

3 b

Revenue growth (FY, 2015 - FY, 2016), %


Gross profit (FY, 2016)

531.2 m

Gross profit margin (FY, 2016), %


Net income (FY, 2016)

149.5 m

Market capitalization (25-Apr-2018)

1.8 b

Cash (31-Dec-2016)

131.7 m


2.8 b
Meritage Homes Corporation's current market capitalization is $1.8 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016


1.8 b2.2 b2.6 b3 b

Revenue growth, %


Cost of goods sold

1.7 b2.1 b2.5 b

Gross profit

452.6 m488.7 m531.2 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014


492.1 m408.3 m505.6 m556.8 m

Cost of goods sold

378.9 m316.8 m395.6 m446 m

Gross profit

113.2 m91.6 m110 m110.8 m

Gross profit Margin, %

USDFY, 2013FY, 2014FY, 2015FY, 2016


274.1 m103.3 m262.2 m131.7 m

Accounts Receivable

39 m56.8 m57.3 m70.4 m


2.4 b


22.1 m32.4 m34 m33.2 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

142.2 m128.7 m149.5 m

Depreciation and Amortization

9.9 m11.6 m14.2 m16 m


(280 m)(340 m)(210 m)(311.4 m)

Accounts Payable

86.6 m14.7 m31.9 m43.4 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014

Net Income

35.1 m32.6 m

Depreciation and Amortization

7.2 m2.5 m5.2 m8.2 m


(221.7 m)(134.8 m)(234.9 m)(350.9 m)

Accounts Payable

106.9 m3.3 m34.5 m
USDY, 2016


-27.4 x


2.1 m


0.8 x


0.4 x

Financial Leverage

2 x
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