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Meritage Homes MTH Contract Liabilities

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Other financials

Income statement

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Net income$55.3M-55.0%
EPS (diluted)$0.82-51.5%

Balance sheet

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Cash & equivalents$766.6M-24.2%
Total debt$60.8M+5.5%
Total equity$5.1B-1.9%
Total assets$7.6B-1.9%

Cash flow

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Operating cash flow$101.3M+338%
CapEx$4.3M-23.0%
Free cash flow$97.0M+301%

Valuation

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Market cap$4.71B-8.0%
Enterprise value$4B-5.7%
P/E12.2×+4.2×

Returns & leverage

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Return on equity7.5%-7.1pp
Debt / equity0.0×

Where this comes from

Reported directly by Meritage Homes in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiability.

The source filing: Meritage Homes’s 10-Q, filed April 24, 2026.

Filed
Apr 24, 2026, 4:20 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000833079-26-000105
Line itemMarch 31, 2026December 31, 2025
Liabilities
Accounts payable$199,943$200,679
Accrued and other liabilities408,718387,698
Home sale deposits10,9079,213
Loans payable and other borrowings34,99024,328
Senior and convertible senior notes, net1,806,2841,804,726
Total liabilities2,460,8422,426,644
Stockholders’ Equity

Item 1. Financial Statements

FAQ

What is Meritage Homes's contract liabilities?
Meritage Homes (MTH) reported contract liabilities of $10.91M in Q1 2026.
How has Meritage Homes's contract liabilities changed year-over-year?
Meritage Homes's contract liabilities decreased by 38.2% year-over-year, from $17.65M to $10.91M.
What is the long-term trend for Meritage Homes's contract liabilities?
Over 5 years (2020 to 2025), Meritage Homes's contract liabilities has grown at a -18.1% compound annual growth rate (CAGR), from $25.07M to $9.21M.
What does contract liabilities mean?
Revenue collected or billed in advance of performance — deferred revenue under ASC 606 terminology, representing future revenue obligations.

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