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Meritage Homes MTH Financial Services — Cost of Revenue

Other product segments

Home closings
$914.02M-12.7%
Land closings
$9.63M-21.4%

Similar metrics at other companies

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$211.16M+2.1%
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TMHCFinancial Services — Cost of Revenue
$24.45M-13.7%
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TMHCFinancial services revenue, net — Cost of Revenue
$24.45M-13.7%
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XYZFinancial solutions revenue — Cost of revenue
$89.38M+14.7%
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NOVService — Cost Of Revenue
$382M-1.0%
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CVCOFinancial services — Cost of Sales
$6.76M-47.8%

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$5.05B-18.8%
Enterprise value$4.35B-17.1%
P/E13.1×+4.5×

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:CostOfRevenue.

The official record: Meritage Homes’s 10-Q, filed April 24, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Meritage Homes's financial services — cost of revenue?
Meritage Homes (MTH) reported financial services — cost of revenue of $3.62M in Q1 2026.
How has Meritage Homes's financial services — cost of revenue changed year-over-year?
Meritage Homes's financial services — cost of revenue decreased by 13.6% year-over-year, from $4.19M to $3.62M.
What is the long-term trend for Meritage Homes's financial services — cost of revenue?
Over 4 years (2021 to 2025), Meritage Homes's financial services — cost of revenue has grown at a 17.6% compound annual growth rate (CAGR), from $9.18M to $17.56M.
What does financial services — cost of revenue mean?
Captures the direct costs incurred to generate revenue within the financial services segment, including loan processing fees, personnel costs, and other service-related expenses. By comparing this to segment revenue, investors can determine the gross margin and operational efficiency of the financial services unit. A well-managed cost of revenue is critical for maintaining competitive pricing and profitability.