Meritage Gross Profit from 2010 to 2024

MTH Stock  USD 152.07  1.64  1.09%   
Meritage's Gross Profit is increasing with slightly volatile movements from year to year. Gross Profit is estimated to finish at about 1.6 B this year. Gross Profit is the profit Meritage makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
1989-03-31
Previous Quarter
435.5 M
Current Value
422.1 M
Quarterly Volatility
119.5 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Meritage financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Meritage main balance sheet or income statement drivers, such as Interest Expense of 0.0, Total Revenue of 6.4 B or Gross Profit of 1.6 B, as well as many exotic indicators such as Price To Sales Ratio of 0.99, Dividend Yield of 0.0053 or PTB Ratio of 1.02. Meritage financial statements analysis is a perfect complement when working with Meritage Valuation or Volatility modules.
  
This module can also supplement Meritage's financial leverage analysis and stock options assessment as well as various Meritage Technical models . Check out the analysis of Meritage Correlation against competitors.
For more detail on how to invest in Meritage Stock please use our How to Invest in Meritage guide.

Latest Meritage's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Meritage over the last few years. Gross profit is a required income statement account that reflects total revenue of Meritage minus its cost of goods sold. It is profit before Meritage operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Meritage's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Meritage's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.8 B10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Meritage Gross Profit Regression Statistics

Arithmetic Mean771,897,977
Geometric Mean545,117,664
Coefficient Of Variation72.26
Mean Deviation457,875,569
Median588,554,000
Standard Deviation557,808,837
Sample Variance311150.7T
Range1.8B
R-Value0.94
Mean Square Error37029.1T
R-Squared0.89
Slope117,636,416
Total Sum of Squares4356109.8T

Meritage Gross Profit History

20241.6 B
20231.5 B
20221.8 B
20211.4 B
2020976 M
2019700.2 M
2018653.2 M

Other Fundumenentals of Meritage

Meritage Gross Profit component correlations

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0.610.510.310.450.00.590.80.560.460.650.920.380.84-0.750.490.86-0.070.46-0.840.81-0.570.550.450.30.11
-0.21-0.250.3-0.280.0-0.140.04-0.35-0.220.150.1-0.22-0.03-0.33-0.270.00.270.29-0.110.170.48-0.34-0.27-0.130.16
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0.630.540.270.480.84-0.030.490.840.530.490.550.820.46-0.720.520.840.00.56-0.870.67-0.670.490.350.19-0.06
-0.54-0.44-0.37-0.37-0.75-0.33-0.53-0.69-0.52-0.41-0.54-0.81-0.36-0.72-0.41-0.78-0.02-0.540.87-0.70.36-0.28-0.21-0.090.13
0.981.0-0.511.00.49-0.270.920.490.940.990.150.360.970.52-0.410.64-0.640.34-0.560.69-0.730.860.910.62-0.73
0.750.660.270.60.860.00.730.820.640.630.470.850.530.84-0.780.64-0.040.46-0.850.87-0.630.50.480.37-0.24
-0.55-0.630.8-0.68-0.070.27-0.550.22-0.62-0.630.130.14-0.670.0-0.02-0.64-0.040.12-0.08-0.120.37-0.72-0.8-0.60.44
0.40.360.150.310.460.290.390.730.290.340.340.440.310.56-0.540.340.460.12-0.710.55-0.280.30.230.06-0.11
-0.67-0.58-0.28-0.51-0.84-0.11-0.61-0.94-0.62-0.53-0.55-0.84-0.48-0.870.87-0.56-0.85-0.08-0.71-0.820.55-0.46-0.35-0.140.16
0.770.70.120.650.810.170.790.810.660.680.410.740.590.67-0.70.690.87-0.120.55-0.82-0.520.550.590.5-0.29
-0.75-0.730.24-0.72-0.570.48-0.62-0.53-0.7-0.68-0.16-0.46-0.7-0.670.36-0.73-0.630.37-0.280.55-0.52-0.73-0.6-0.290.38
0.830.85-0.610.860.55-0.340.790.430.810.820.10.290.840.49-0.280.860.5-0.720.3-0.460.55-0.730.910.49-0.37
0.850.9-0.620.920.45-0.270.840.310.840.90.040.210.880.35-0.210.910.48-0.80.23-0.350.59-0.60.910.77-0.5
0.580.61-0.290.630.3-0.130.550.130.560.660.00.140.570.19-0.090.620.37-0.60.06-0.140.5-0.290.490.77-0.32
-0.68-0.720.52-0.740.110.16-0.65-0.08-0.63-0.750.070.03-0.73-0.060.13-0.73-0.240.44-0.110.16-0.290.38-0.37-0.5-0.32
Click cells to compare fundamentals

About Meritage Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Meritage income statement, its balance sheet, and the statement of cash flows. Meritage investors use historical funamental indicators, such as Meritage's Gross Profit, to determine how well the company is positioned to perform in the future. Although Meritage investors may use each financial statement separately, they are all related. The changes in Meritage's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Meritage's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Meritage Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Meritage. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross Profit1.5 B1.6 B
Gross Profit Margin 0.25  0.14 

Meritage Investors Sentiment

The influence of Meritage's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Meritage. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Meritage's public news can be used to forecast risks associated with an investment in Meritage. The trend in average sentiment can be used to explain how an investor holding Meritage can time the market purely based on public headlines and social activities around Meritage. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Meritage's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Meritage's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Meritage's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Meritage.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Meritage in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Meritage's short interest history, or implied volatility extrapolated from Meritage options trading.

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When determining whether Meritage offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Meritage's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Meritage Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Meritage Stock:
Check out the analysis of Meritage Correlation against competitors.
For more detail on how to invest in Meritage Stock please use our How to Invest in Meritage guide.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

Complementary Tools for Meritage Stock analysis

When running Meritage's price analysis, check to measure Meritage's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Meritage is operating at the current time. Most of Meritage's value examination focuses on studying past and present price action to predict the probability of Meritage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Meritage's price. Additionally, you may evaluate how the addition of Meritage to your portfolios can decrease your overall portfolio volatility.
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Is Meritage's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Meritage. If investors know Meritage will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Meritage listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.24)
Dividend Share
1.08
Earnings Share
19.93
Revenue Per Share
167.625
Quarterly Revenue Growth
(0.17)
The market value of Meritage is measured differently than its book value, which is the value of Meritage that is recorded on the company's balance sheet. Investors also form their own opinion of Meritage's value that differs from its market value or its book value, called intrinsic value, which is Meritage's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Meritage's market value can be influenced by many factors that don't directly affect Meritage's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Meritage's value and its price as these two are different measures arrived at by different means. Investors typically determine if Meritage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Meritage's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.