MERITAGE HOMES CORP (MTH)
US59001A1025 - Common Stock
| MRQ (2024-9-30) | 2023 (2023-12-31) | 2022 (2022-12-31) | 2021 (2021-12-31) | 2020 (2020-12-31) | ||||
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash Equivalents | 831.56M | 921.23M | 861.60M | 618.30M | 745.60M | |||
| Receivables | 286.94M | 266.97M | 215.00M | 147.50M | 98.60M | |||
| Inventories | 5.46B | 4.72B | 4.36B | 3.73B | 2.78B | |||
| Other Current Assets | 116.20M | 134.35M | 112.60M | 70.80M | 103.30M | |||
| Total Current Assets | 6.69B | 6.04B | 5.55B | 4.57B | 3.73B | |||
| Non-Current Assets | ||||||||
| PPE Net | 101.86M | 100.23M | 57.80M | 58.40M | 38.90M | |||
| Investments And Advances | 18.22M | 17.17M | 11.80M | 5.80M | 4.40M | |||
| Goodwill | 32.96M | 32.96M | 33.00M | 33.00M | N/A | |||
| Other Non-Current Assets | 51.15M | 47.57M | 45.50M | 40.70M | 36.00M | |||
| Total Non-Current Assets | 411.65M | 309.30M | 224.60M | 236.50M | 138.90M | |||
| TOTAL ASSETS | 7.10B | 6.35B | 5.77B | 4.81B | 3.86B | |||
| LIABILITIES | ||||||||
| Current Liabilities | ||||||||
| Short Term Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| Accrued Expenses | 424.65M | 399.19M | 335.40M | 300.00M | 261.70M | |||
| Accounts Payable | 287.40M | 271.65M | 273.30M | 216.00M | 175.30M | |||
| Other Current Liabilities | 47.36M | 62.17M | 63.10M | 79.90M | 59.40M | |||
| Total Current Liabilities | 759.41M | 733.02M | 671.80M | 595.90M | 496.40M | |||
| Non-Current Liabilities | ||||||||
| Long Term Debt | 1.31B | 1.01B | 1.15B | 1.16B | 1.02B | |||
| Other Non-Current Liabilities | N/A | N/A | 0.00 | 7.20M | N/A | |||
| Total Non-Current Liabilities | 1.31B | 1.01B | 1.15B | 1.17B | 1.02B | |||
| TOTAL LIABILITIES | 2.07B | 1.74B | 1.82B | 1.76B | 1.52B | |||
| SHAREHOLDERS' EQUITY | ||||||||
| Retained Earnings | 4.85B | 4.32B | 3.62B | 2.63B | 1.89B | |||
| Additional Paid In Capital | 176.93M | 290.95M | 327.90M | 414.80M | 455.80M | |||
| Common Shares | 362.00K | 364.00K | 400.00K | 400.00K | 400.00K | |||
| Shares Outstanding | 36.18M | 36.43M | 36.60M | 37.30M | 37.50M | |||
| Tangible Book Value per Share | 138.11 | 125.71 | 107.01 | 80.73 | 62.61 | |||
| Total Shareholders' Equity | 5.03B | 4.61B | 3.95B | 3.04B | 2.35B | |||
| TOTAL LIABILITIES AND EQUITY | 7.10B | 6.35B | 5.77B | 4.81B | 3.86B | |||
| Statistics | ||||||||
| Debt/Equity | 0.26 | 0.22 | 0.29 | 0.38 | 0.43 | |||
| Current Ratio | 8.81 | 8.25 | 8.26 | 7.67 | 7.51 | |||
| Return On Assets (ROA) | 11.44% | 11.63% | 17.19% | 15.34% | 10.96% | |||
| Return On Equity (ROE) | 16.15% | 16.02% | 25.12% | 24.22% | 18.04% | |||
| Return On Invested Capital (ROIC) | 12.73% | 13.09% | 19.47% | 17.77% | 12.19% | |||
| Return On Invested Capital Ex Cash (ROICexc) | 14.64% | 15.66% | 23.43% | 20.83% | 15.66% | |||
| Return On Invested Capital Ex Cash + Goodwill (ROICexcg) | 14.73% | 15.77% | 23.61% | 21.02% | 15.66% | |||
All data in USD , ROIC based on taxRate of 0.23