Meritage Homes Financial Statements Trends

MTH -- USA Stock  

Earnings Call  Tomorrow

This module enables investors to look at Meritage Homes various fundamental indicators over time in order to gain insight into the company future performance. Macroaxis historical fundamental analysis tools allow evaluation of not only typical financial statement drivers such as Direct Expenses of 2.2 B, Consolidated Income of 31.8 M or Cost of Revenue of 895.1 M, but also many exotic indicators such as Interest Coverage of 196, Long Term Debt to Equity of 0.9752 or PPandE Turnover of 74.873. This module is a perfect complement to use when analyzing Meritage Homes Valuation or Volatility. It can also complement various Meritage Homes Technical models. Please see also analysis of Meritage Homes Correlation with competitors.
Revenues

Meritage Homes Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets2.7 B83.7 M565.4 M
Decreasing
Very volatile
Cash and Equivalents407.4 M17.9 M73.1 M
Increasing
Very volatile
Investments31.9 M6.6 M10.2 M
Increasing
Stable
Deposit Liabilities15.4 M5.5 M7.7 M
Decreasing
Stable
Property Plant and Equipment Net656.8 M41.7 M318.5 M
Decreasing
Slightly volatile
Tax Assets30.2 M7.8 M10.5 M
Increasing
Very volatile
Trade and Non Trade Receivables19.6 M1.1 M8.9 M
Decreasing
Slightly volatile
Trade and Non Trade Payables45.7 M12.2 M23.4 M
Decreasing
Stable
Goodwill and Intangible Assets25.6 MM3.8 M
Increasing
Slightly volatile
Total Liabilities484.7 M52.8 M216.3 M
Decreasing
Slightly volatile
Shareholders Equity393.8 M31 M199 M
Decreasing
Slightly volatile
Accumulated Retained Earnings Deficit181.1 M(75.1 M)61.4 M
Decreasing
Slightly volatile
Current Assets2.4 B362.9 M451.3 M
Increasing
Slightly volatile
Current Liabilities267.6 M334.7 M234.5 M
Increasing
Slightly volatile
Tax Liabilities7.4 M1.7 M3.6 M
Decreasing
Stable
Total Debt1.3 B35.1 M246.7 M
Increasing
Very volatile
Shareholders Equity USD393.8 M31 M199 M
Decreasing
Slightly volatile
Cash and Equivalents USD72.4 M17.9 M45.2 M
Decreasing
Slightly volatile
Total Debt USD357 M35.1 M164.8 M
Decreasing
Slightly volatile
Accounts Payable101.5 M128.2 M78.4 M
Increasing
Slightly volatile

Meritage Homes Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Revenues3.5 B172.1 M711.9 M
Decreasing
Very volatile
Cost of Revenue895.1 M151.1 M426.6 M
Decreasing
Slightly volatile
Selling General and Administrative Expense103.3 M1.8 M41.7 M
Decreasing
Slightly volatile
Operating Expenses104.6 M(1.5 M)39.3 M
Decreasing
Slightly volatile
Interest Expense7.1 M998.7 K1.4 M
Increasing
Slightly volatile
Income Tax Expense16.3 M30.5 KM
Decreasing
Slightly volatile
Consolidated Income31.8 M1.3 M22.5 M
Decreasing
Slightly volatile
Net Income205.9 M1.3 M37 M
Decreasing
Very volatile
Net Income Common Stock31.8 M1.3 M22.5 M
Decreasing
Slightly volatile
Weighted Average Shares38.3 M24.7 M24.7 M
Increasing
Very volatile
Weighted Average Shares Diluted36.5 M31.8 M29.8 M
Decreasing
Very volatile
Earning Before Interest and Taxes EBIT52.8 M2.3 M29.7 M
Decreasing
Slightly volatile
Revenues USD1.1 B172.1 M511.5 M
Decreasing
Slightly volatile
Net Income Common Stock USD31.8 M1.3 M22.5 M
Decreasing
Slightly volatile
Earning Before Interest and Taxes USD52.8 M2.3 M29.7 M
Decreasing
Slightly volatile
Gross Profit659.9 M21 M124.8 M
Increasing
Very volatile
Operating Income50.8 M1.5 M28.1 M
Decreasing
Slightly volatile
Direct Expenses2.2 B2.9 B1.7 B
Increasing
Slightly volatile

Meritage Homes Cash Flow Statement

Trends Matrix
Current ValueLast YearHistorical Average 10 Year Trend
Capital Expenditure(5.3 M)(156.8 K)(3.4 M)
Increasing
Slightly volatile
Net Cash Flow Business Acquisitions and Disposals(15.9 M)6.6 M3.5 M
Decreasing
Slightly volatile
Net Cash Flow Investment Acquisitions and Disposals(712.2 K)(3.1 M)5.1 M
Decreasing
Slightly volatile
Net Cash Flow from Financing30.8 M(4.8 M)(8.3 M)
Increasing
Slightly volatile
Issuance Repayment of Debt Securities 28.1 M(4.6 M)(6 K)
Increasing
Stable
Issuance Purchase of Equity SharesM136.4 K(7.7 M)
Increasing
Slightly volatile
Payment of Dividends and Other Cash Distributions (187.5 K)(174.9 K)(192.1 K)
Increasing
Slightly volatile
Net Cash Flow from Investing(25.4 M)(3.1 M)(7.2 M)
Increasing
Very volatile
Net Cash Flow from Operations320.7 M3.2 M51.5 M
Increasing
Very volatile
Net Cash Flow or Change in Cash and Cash Equivalents5.3 M(3.8 M)9.4 M
Decreasing
Slightly volatile
Share Based Compensation4.9 M1.9 M3.2 M
Decreasing
Slightly volatile
Depreciation Amortization and AccretionM141.4 K2.8 M
Decreasing
Slightly volatile

Fundamental Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Earnings per Basic Share1.00720.09780.6283
Decreasing
Slightly volatile
Earnings per Diluted Share5.210.09780.9711
Decreasing
Very volatile
Earnings per Basic Share USD1.00720.09780.6283
Decreasing
Slightly volatile
Dividends per Basic Common Share0.04910.02530.0331
Decreasing
Slightly volatile
Return on Average Equity0.24220.34920.3515
Increasing
Stable
Return on Average Assets0.10510.15120.1529
Increasing
Very volatile
Return on Invested Capital0.10810.14490.1471
Increasing
Stable
Gross Margin0.12790.10980.1266
Decreasing
Slightly volatile
Profit Margin0.05940.08550.0887
Decreasing
Stable
EBITDA Margin0.0760.09450.1003
Decreasing
Stable
Return on Sales0.07210.09270.0977
Decreasing
Stable
Asset Turnover1.39941.58941.6608
Increasing
Stable
Payout Ratio0.29440.23310.2501
Increasing
Slightly volatile
Enterprise Value over EBITDA8.02113.684.0654
Increasing
Very volatile
Enterprise Value over EBIT9.75263.454.1002
Increasing
Very volatile
Price to Earnings Ratio13.4211.9112.5767
Increasing
Slightly volatile
Sales per Share35.68958.0116.2311
Decreasing
Stable
Price to Sales Ratio0.770.5060.471
Increasing
Slightly volatile
Price to Book Value1.491.27621.3651
Increasing
Slightly volatile
Debt to Equity Ratio74.61.53277.7013
Increasing
Slightly volatile
Dividend Yield0.02690.0230.023
Decreasing
Stable
Current Ratio11.281.08432.1663
Increasing
Stable
Free Cash Flow per Share10.640.27271.6122
Increasing
Stable
Book Value per Share13.25412.48286.6063
Decreasing
Slightly volatile
Tangible Assets Book Value per Share28.55264.8613.1399
Decreasing
Slightly volatile
Total Assets Per Share71.045488.396257.7117
Increasing
Slightly volatile
Cash Flow Per Share3.31346.88680.1421
Decreasing
Very volatile
Return on Investment6.74798.7413.7881
Increasing
Slightly volatile
Operating Margin8.627.29722.9799
Increasing
Slightly volatile
Calculated Tax Rate(1.5829)20.9197(154)
Increasing
Slightly volatile
Inventory Turnover1.25651.20591.1115
Decreasing
Very volatile
PPandE Turnover74.87379.988775.3644
Increasing
Slightly volatile
Cash and Equivalents Turnover9.741811.88948.0247
Increasing
Slightly volatile
Accounts Payable Turnover30.160826.265628.6429
Decreasing
Slightly volatile
Accrued Expenses Turnover16.337519.661213.9318
Increasing
Slightly volatile
Interest Coverage19632857.408
Increasing
Slightly volatile
Long Term Debt to Equity0.97520.76131.012
Decreasing
Slightly volatile
Quick Ratio1.13791.03851.0874
Decreasing
Slightly volatile
Net Current Assets as percentage of Total Assets1.81120.83823.6237
Decreasing
Slightly volatile
Revenue to Assets0.92741.04850.8856
Increasing
Slightly volatile

Meritage Homes Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Earnings before Tax47.4 M1.3 M28.5 M
Decreasing
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization EBITDA300.1 M2.4 M52.7 M
Decreasing
Very volatile
Earnings Before Interest Taxes and Depreciation Amortization USD58.8 M2.4 M32.6 M
Decreasing
Slightly volatile
Market Capitalization2.7 B75.6 M401.3 M
Increasing
Stable
Enterprise Value3.6 B120 M605.2 M
Increasing
Stable
Invested Capital1.1 B98.9 M531.9 M
Decreasing
Slightly volatile
Average Equity400.2 M42.2 M204.8 M
Decreasing
Slightly volatile
Average Assets899.1 M97.4 M428.6 M
Decreasing
Slightly volatile
Invested Capital Average1.2 B110 M552.3 M
Decreasing
Slightly volatile
Tangible Asset Value861.5 M81.7 M412.3 M
Decreasing
Slightly volatile
Free Cash Flow(4.7 M)3.2 M21.6 M
Decreasing
Slightly volatile
Revenue Per Employee1.9 M2.2 M1.7 M
Increasing
Slightly volatile
Net Income Per Employee101.9 K140.8 K55.6 K
Increasing
Slightly volatile

Meritage Homes Fundamental Market Drivers

Short Percent Of Float5.48%
Forward Price Earnings11.82
Shares Short Prior Month1.62M
Average Daily Volume Last 10 Day377.97k
Average Daily Volume In Three Month553.03k
Date Short InterestSeptember 30, 2019
Fifty Day Average68.85
Two Hundred Day Average57.70

Meritage Homes Upcoming Events

Upcoming Quarterly Earning ReportOctober 22, 2019
Next Earnings ReportJanuary 29, 2020
Next Fiscal Quarter EndSeptember 30, 2019
Next Fiscal Year EndJanuary 29, 2020
Last Quarter Report DateJune 30, 2019
Last Earning Anouncement DateSeptember 30, 2018
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