Meritage Homes designs and constructs single-family attached and detached residences across the United States, primarily targeting entry-level and first-time move-up homebuyers. The company acquires and develops land, then manages all phases of home construction, marketing, and sales operations. It maintains a geographic footprint spanning 12 states: Arizona, California, Colorado, Utah, Texas, Alabama, Florida, Georgia, Mississippi, North Carolina, South Carolina, and Tennessee.
The company operates through two business segments. The Homebuilding segment encompasses land acquisition, development, construction, and home sales. The Financial Services segment provides ancillary services to homebuyers, including title and escrow, mortgage origination, insurance, title insurance, and closing/settlement services. These complementary offerings create an integrated platform that captures margin across the transaction lifecycle.
Meritage Homes was founded in 1985 and is incorporated in Maryland, with headquarters in Scottsdale, Arizona. The company employs approximately 1,860 full-time staff and operates as a publicly traded corporation on the New York Stock Exchange.
Fiscal years are as reported by the company and may not align with the calendar year. For example, Apple's FY 2024 ends in September 2024.
| Fiscal Year | EPS Diluted | EPS Basic | YoY | |
|---|---|---|---|---|
| 2025 | $6.35 | $6.40 | -40.8% | |
| 2024 | $10.72 | $10.85 | -46.2% | |
| 2023 | $19.93 | $20.17 | -25.5% | |
| 2022 | $26.74 | $27.04 | +38.6% | |
| 2021 | $19.29 | $19.61 | +385.9% | |
| 2020 | $3.97 | $4.06 | +49.8% | |
| 2019 | $2.65 | $2.71 | +38.7% | |
| 2018 | $1.91 | $1.93 | +119.5% | |
| 2017 | $0.87 | $0.88 | -28.7% | |
| 2016 | $1.22 | $1.29 | -3.2% | |
| 2015 | $1.26 | $1.33 | +5.9% | |
| 2014 | $1.19 | $1.26 | +0.0% | |
| 2013 | $1.19 | $1.27 | -52.2% | |
| 2012 | $2.49 | $2.67 | +483.1% | |
| 2011 | $-0.65 | $-0.65 | — |
| Report Date | Filed | Accession Number | |
|---|---|---|---|
| 2025-12-31 | 2026-02-13 | 0000833079-26-000010 | SEC ↗ |
| 2024-12-31 | 2025-02-20 | 0000833079-25-000021 | SEC ↗ |
| 2023-12-31 | 2024-02-14 | 0000833079-24-000015 | SEC ↗ |
| 2022-12-31 | 2023-02-15 | 0000833079-23-000022 | SEC ↗ |
| 2021-12-31 | 2022-02-16 | 0000833079-22-000011 | SEC ↗ |
| 2020-12-31 | 2021-02-12 | 0000833079-21-000019 | SEC ↗ |
| 2019-12-31 | 2020-02-18 | 0000833079-20-000026 | SEC ↗ |
| 2018-12-31 | 2019-02-15 | 0000833079-19-000035 | SEC ↗ |
| 2017-12-31 | 2018-02-12 | 0000833079-18-000007 | SEC ↗ |
| 2016-12-31 | 2017-02-17 | 0000833079-17-000041 | SEC ↗ |
| 2015-12-31 | 2016-02-17 | 0000833079-16-000119 | SEC ↗ |
| 2014-12-31 | 2015-02-17 | 0000833079-15-000036 | SEC ↗ |
| 2013-12-31 | 2014-02-19 | 0000833079-14-000047 | SEC ↗ |
| 2012-12-31 | 2013-02-22 | 0000833079-13-000051 | SEC ↗ |
| 2011-12-31 | 2012-02-24 | 0001193125-12-077617 | SEC ↗ |