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Meritage Homes MTH Homebuilding Segment — Real estate

Other segment segments

Financial Services
$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:InventoryRealEstate.

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 itemWestCentralEastFinancial ServicesCorporate and UnallocatedTotal
Deposits on real estate under option or contract$26,558$60,853$78,825$166,236
Real estate1,762,4121,648,3412,551,3225,962,075
Investments in unconsolidated entities30,69029,18388960,762
Other assets45,058312,22989,5532,888915,8101,365,538
Total assets$1,864,718$2,050,606$2,719,700$2,888$916,699$7,554,611

Item 1. Financial Statements

FAQ

What is Meritage Homes's homebuilding segment — real estate?
Meritage Homes (MTH) reported homebuilding segment — real estate of $2.55B in Q1 2026.
How has Meritage Homes's homebuilding segment — real estate changed year-over-year?
Meritage Homes's homebuilding segment — real estate increased by 10.0% year-over-year, from $2.32B to $2.55B.
What is the long-term trend for Meritage Homes's homebuilding segment — real estate?
Over 4 years (2021 to 2025), Meritage Homes's homebuilding segment — real estate has grown at a 14.2% compound annual growth rate (CAGR), from $5.75B to $9.8B.
What does homebuilding segment — real estate mean?
This metric represents the total value of real estate assets held within the homebuilding business segment. It encompasses land inventory, work-in-process, and finished homes intended for sale to customers. Tracking this balance provides insight into the scale of the company's active development pipeline and its commitment to future housing inventory.

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