Meritage Homes CorporationScottsdale, AZ, United States (NYSE: MTH)

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Meritage Homes Income Statement

All amounts in millions of except per share amounts.
View: Annual | Quarterly
Dec 08 Dec 07 Dec 06
Revenue 1,523.1 2,343.6 3,461.3
Cost of Goods Sold 1,560.0 1,990.2 2,748.7
Gross Profit (36.9) 353.4 712.6
Gross Profit Margin 0.0% 15.1% 20.6%
SG&A Expense 205.1 302.6 164.5
Depreciation & Amortization 15.7 17.8 23.7
Operating Income (252.3) (449.7) --
Operating Margin -- -- --
Nonoperating Income 7.9 10.6 11.8
Nonoperating Expenses (23.7) -- --
Income Before Taxes (276.0) (456.5) 364.0
Income Taxes 16.0 (167.6) 138.7
Net Income After Taxes (291.9) (288.9) 225.4

Continuing Operations (291.9) (288.9) 225.4
Discontinued Operations -- -- --
Total Operations (291.9) (288.9) 225.4
Total Net Income (291.9) (288.9) 225.4
Net Profit Margin -- -- 6.5%

Diluted EPS from Total Net Income ($) (9.95) (11.01) 8.32
Dividends per Share 0.00 0.00 0.00
© 2009 Morningstar, Inc. Financial Data provided by Morningstar

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