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Meritage Homes MTH Homebuilding Segment — Operating Income (Loss)

Other segment segments

Financial Services
$3.49M-2.0%

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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:OperatingIncomeLoss.

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 itemWestCentralEastTotal
Home closing gross margin18.3%18.2%16.1%17.5%
Commissions and other sales costs21,37128,47729,62479,472
General and administrative expenses10,85111,17216,09338,116
Homebuilding segment operating income29,25829,01217,67175,941
Financial services segment profit3,493
Corporate and unallocated costs (1)(13,286)
Interest expense(587)
Other income, net6,963

Item 1. Financial Statements

FAQ

What is Meritage Homes's homebuilding segment — operating income (loss)?
Meritage Homes (MTH) reported homebuilding segment — operating income (loss) of $75.94M in Q1 2026.
How has Meritage Homes's homebuilding segment — operating income (loss) changed year-over-year?
Meritage Homes's homebuilding segment — operating income (loss) decreased by 52.5% year-over-year, from $159.71M to $75.94M.
What is the long-term trend for Meritage Homes's homebuilding segment — operating income (loss)?
Over 4 years (2021 to 2025), Meritage Homes's homebuilding segment — operating income (loss) has grown at a -13.4% compound annual growth rate (CAGR), from $1B to $562.02M.
What does homebuilding segment — operating income (loss) mean?
The profit or loss generated by the homebuilding segment after accounting for both direct costs and operating expenses like selling and administrative costs. It provides a comprehensive view of the segment's operational performance and its contribution to the company's total bottom line.

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