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Meritage Homes MTH Land Under Purchase Contracts And Options, Recorded

Land Under Purchase Contracts And Options, Recorded at other companies

LGI Homes logo
LGI HomesLGIH
$16.9M-32.2%
Beazer Homes USA, Inc. logo
Beazer Homes USA, Inc.BZH
$24.82M
Pultegroup logo
PultegroupPHM
$18.57M+67.7%
LGI Homes logo
LGI HomesLGIH
7.8K-44.3%
LGI Homes logo
LGI HomesLGIH
$246.55M-56.1%
Lennar logo
LennarLEN
$4.5B-10.6%

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$4.86B-4.6%
Enterprise value$4.16B-1.6%
P/E12.6×+4.6×

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 mth:LandUnderPurchaseContractsAndOptionsRecorded.

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 itemProjected Numberof LotsPurchase PriceOption/Earnest Money Deposits–Cash
Purchase and option contracts — committed19,740$3,739,750$159,149
Purchase and option contracts — uncommitted (1)14,6281,014,9567,087
Total purchase and option contracts (2)34,3684,754,706166,236
Purchase contracts recorded on balance sheet as Real estate (2)3,161$65,159

Item 1. Financial Statements

FAQ

What is Meritage Homes's land under purchase contracts and options, recorded?
Meritage Homes (MTH) reported land under purchase contracts and options, recorded of $65.16M in Q1 2026.
What does land under purchase contracts and options, recorded mean?
This reflects the financial commitment or value associated with land parcels secured through purchase agreements or option contracts that have not yet been fully acquired. It provides insight into the company's future land pipeline and growth strategy without requiring immediate full capital outlay. Investors use this to evaluate the company's ability to control future development sites while managing liquidity risk.

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