What is Meritage Homes's land under purchase options not recorded?

Meritage Homes (MTH) reported land under purchase options not recorded of $4.75B in Q1 2026.

How has Meritage Homes's land under purchase options not recorded changed year-over-year?

Meritage Homes's land under purchase options not recorded increased by 73.0% year-over-year, from $2.75B to $4.75B.

Net income$55.3M-55.0%

EPS (diluted)$0.82-51.5%

Cash & equivalents$766.6M-24.2%

Total debt$60.8M+5.5%

Total equity$5.1B-1.9%

Total assets$7.6B-1.9%

Operating cash flow$101.3M+338%

CapEx$4.3M-23.0%

Free cash flow$97.0M+301%

Market cap$5.05B-18.8%

Return on equity7.5%-7.1pp

Debt / equity0×0.0×

Reported directly by Meritage Homes in its filing.

Tagged under the XBRL concept us-gaap:LandUnderPurchaseOptionsNotRecorded.

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

What is Meritage Homes's land under purchase options not recorded?: Meritage Homes (MTH) reported land under purchase options not recorded of $4.75B in Q1 2026.
How has Meritage Homes's land under purchase options not recorded changed year-over-year?: Meritage Homes's land under purchase options not recorded increased by 73.0% year-over-year, from $2.75B to $4.75B.