Meritage Homes Financial Statements
Meritage Homes Financial Information
| Company Type | Public Headquarters |
|---|---|
| Fiscal Year-End | December |
© 2009 Morningstar, Inc. Financial Data provided by
Meritage Homes Income Statement
| 2008 | 2007 | 2006 | |
|---|---|---|---|
| Revenue ($ mil.) | 1,523.1 | 2,343.6 | 3,461.3 |
| Gross Profit ($ mil.) | (36.9) | 353.4 | 712.6 |
| Operating Income ($ mil.) | (252.3) | (449.7) | -- |
| Total Net Income ($ mil.) | (291.9) | (288.9) | 225.4 |
| Diluted EPS (Net Income) | (9.95) | (11.01) | 8.32 |
Meritage Homes Quarterly Statements
| Quarter Ending Mar 09 | Quarter Ending Dec 08 | Quarter Ending Sep 08 | |
|---|---|---|---|
| Revenue ($ mil.) | 231.1 | 399.6 | 374.8 |
| Gross Profit ($ mil.) | 17.3 | -- | -- |
| Operating Income ($ mil.) | (9.9) | (102.8) | (55.7) |
| Total Net Income ($ mil.) | (18.4) | (79.1) | (144.0) |
| Diluted EPS (Net Income) | (0.60) | (2.58) | (4.69) |
Meritage Homes Financial Ratios
| Company | Industry Median |
Market Median1 |
|
|---|---|---|---|
| Price/Sales Ratio | 0.38 | 0.40 | 5.93 |
| Price/Earnings Ratio | (1.99) | (1.40) | 21.55 |
| Price/Book Ratio | 1.06 | 1.02 | 5.70 |
| Price/Cash Flow Ratio | 2.05 | 2.26 | 36.90 |
1 Public companies trading on the New York Stock Exchange, the American Stock Exchange, and the NASDAQ National Market.
Detailed Meritage Homes Financial Ratios
Meritage Homes Competitive Intelligence
| Centex | D.R. Horton | KB Home | |
|---|---|---|---|
| Annual Sales ($ mil.) | 3,826.5 | 6,646.1 | 3,033.9 |
| Employees | 2,463 | 3,800 | 1,600 |
| Market Cap ($ mil.) | 1,020.8 | 2,883.9 | 1,138.8 |
Competitive Landscape