Meritage Homes Corporation

OverviewSuggest Edit

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
TypePublic
Founded1985
HQScottsdale, AZ, US
Websitemeritagehomes.com
Employee Ratings4.5
Overall CultureA-

Latest Updates

Employees (est.) (Dec 2019)1,510(-6%)
Job Openings109
Revenue (FY, 2017)$3.2 B(+7%)
Share Price (Jun 2022)$73.8(+3%)
Cybersecurity ratingBMore
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Key People/Management at Meritage Homes Corporation

Steven J. Hilton

Steven J. Hilton

Chief Executive Officer & Chairman of the Board
Hilla Sferruzza

Hilla Sferruzza

Executive Vice President, Chief Financial Officer
Clint Szubinski

Clint Szubinski

Executive Vice President, Chief Operating Officer
C. Timothy White

C. Timothy White

Executive Vice President, General Counsel
Dana C. Bradford

Dana C. Bradford

Independent Director
Javier Feliciano

Javier Feliciano

Executive Vice President, Chief People Officer
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Meritage Homes Corporation Office Locations

Meritage Homes Corporation has offices in Scottsdale, Atlanta, Austin, Brentwood and in 13 other locations
Scottsdale, AZ, US (HQ)
8800 E Raintree Dr STE 300
Atlanta, GA, US
2700 Cumberland Pkwy SE #400
Austin, TX, US
8920 Business Park Dr #300
Brentwood, TN, US
5217 Maryland Way #222
Charlotte, NC, US
13925 Ballantyne Corporate Pl #300
Coppell, TX, US
8840 Cypress Waters Blvd #100
Show all (17)

Meritage Homes Corporation Financials and Metrics

Meritage Homes Corporation Revenue

Meritage Homes Corporation's revenue was reported to be $3.19 b in FY, 2017
USD

Net income (Q1, 2022)

217.3m

Market capitalization (24-Jun-2022)

2.8b

Closing stock price (24-Jun-2022)

73.8

Cash (31-Mar-2022)

520.4m
Meritage Homes Corporation's current market capitalization is $2.8 b.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020FY, 2021

Revenue

860.9m1.2b1.8b2.1b2.5b3.0b3.2b

Revenue growth, %

20%18%18%

Sales and marketing expense

74.9m94.8m

General and administrative expense

64.2m68.2m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Revenue

220.1m217.5m204.0m281.3m334.9m330.7m436.0m483.1m405.8m502.8m545.5m517.3m591.0m661.9m595.6m795.8m735.9m660.6m797.8m805.0m728.5m872.4m1.0b1.1b1.3b1.3b

Cost of goods sold

810.9m889.7m919.3m879.8m

Gross profit

220.7m243.6m345.3m371.7m

Gross profit Margin, %

21%21%
USDQ2, 2011

Financial Leverage

2.5 x
Show all financial metrics

Meritage Homes Corporation Cybersecurity Score

Cybersecurity ratingPremium dataset

B

81/100

SecurityScorecard logo

Meritage Homes Corporation Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Meritage Homes Corporation Online and Social Media Presence

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Meritage Homes Corporation Company Culture

  • Overall Culture

    A-

    76/100

  • CEO Rating

    A+

    83/100

  • Compensation

    B

    72/100

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Meritage Homes Corporation News and Updates

Meritage Homes Corporation Frequently Asked Questions

  • When was Meritage Homes Corporation founded?

    Meritage Homes Corporation was founded in 1985.

  • Who are Meritage Homes Corporation key executives?

    Meritage Homes Corporation's key executives are Steven J. Hilton, Hilla Sferruzza and Clint Szubinski.

  • How many employees does Meritage Homes Corporation have?

    Meritage Homes Corporation has 1,510 employees.

  • Who are Meritage Homes Corporation competitors?

    Competitors of Meritage Homes Corporation include Cavco, Realia Business and China Vanke.

  • Where is Meritage Homes Corporation headquarters?

    Meritage Homes Corporation headquarters is located at 8800 E Raintree Dr STE 300, Scottsdale.

  • Where are Meritage Homes Corporation offices?

    Meritage Homes Corporation has offices in Scottsdale, Atlanta, Austin, Brentwood and in 13 other locations.

  • How many offices does Meritage Homes Corporation have?

    Meritage Homes Corporation has 17 offices.