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Meritage Homes MTH Home closings — Revenue

Other product segments

Land closings
$9.36M-39.3%
Financial Services
$6.29M-11.3%

Similar metrics at other companies

Taylor Morrison Home Corporation logo
TMHCHome closings revenue, net — Total Revenue
$1.31B-28.3%
Lennar logo
LENHome — Revenue
$6.27B-13.4%
Toll Brothers logo
TOLHome sales — Revenue
$2.51B-7.2%
Taylor Morrison Home Corporation logo
TMHCHome closings revenue, net — Cost of Revenue
$1.05B-24.6%
Cavco Industries logo
CVCOHome sales — Net revenue
$504.84M+9.7%
Ollie's Bargain Outlet Holdings, Inc. logo
OLLIHome — Revenue
$187.49M+8.6%

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:RevenueFromContractWithCustomerExcludingAssessedTax.

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 home closings — revenue?
Meritage Homes (MTH) reported home closings — revenue of $1.11B in Q1 2026.
How has Meritage Homes's home closings — revenue changed year-over-year?
Meritage Homes's home closings — revenue decreased by 17.5% year-over-year, from $1.34B to $1.11B.
What is the long-term trend for Meritage Homes's home closings — revenue?
Over 4 years (2021 to 2025), Meritage Homes's home closings — revenue has grown at a 3.1% compound annual growth rate (CAGR), from $5.09B to $5.76B.
What does home closings — revenue mean?
This metric represents the total revenue recognized from the final sale and transfer of title of residential homes to customers within a specific reporting period. It serves as the primary indicator of the company's homebuilding sales volume and market demand for its housing inventory. Tracking this figure allows investors to assess the scale of the company's core operational activity and its ability to convert construction projects into realized income.