Meritage Historical Income Statement
| MTH Stock | USD 174.58 3.69 2.07% |
Historical analysis of Meritage income statement accounts such as Other Operating Expenses of 5.1 B can show how well Meritage performed in making a profits. Evaluating Meritage income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Meritage's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Meritage latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Meritage is a good buy for the upcoming year.
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About Meritage Income Statement Analysis
Meritage Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Meritage shareholders. The income statement also shows Meritage investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Meritage Income Statement Chart
Meritage Income Statement is one of the three primary financial statements used for reporting Meritage's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Meritage revenue and expense. Meritage Income Statement primarily focuses on the company's revenues and expenses during a particular period.
As of now, Meritage's Operating Income is increasing as compared to previous years. The Meritage's current EBIT is estimated to increase to about 1.3 B, while Interest Expense is projected to decrease to 0.00. Add Fundamental
Total Revenue
Total revenue comprises all receipts Meritage generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
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. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Meritage. It is also known as Meritage overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Operating Income
Operating Income is the amount of profit realized from Meritage operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Meritage is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Most accounts from Meritage's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Meritage current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Meritage. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For more detail on how to invest in Meritage Stock please use our How to Invest in Meritage guide.As of now, Meritage's Operating Income is increasing as compared to previous years. The Meritage's current EBIT is estimated to increase to about 1.3 B, while Interest Expense is projected to decrease to 0.00.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.4B | 1.8B | 1.5B | 1.6B | Total Revenue | 5.1B | 6.3B | 6.1B | 6.4B |
Meritage income statement Correlations
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Meritage Account Relationship Matchups
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Meritage income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 3.9M | 785K | 8.4M | 2.2M | 318K | 41K | |
| Total Revenue | 3.7B | 4.5B | 5.1B | 6.3B | 6.1B | 6.4B | |
| Gross Profit | 700.2M | 976.0M | 1.4B | 1.8B | 1.5B | 1.6B | |
| Other Operating Expenses | 3.4B | 4.0B | 4.2B | 5.0B | 4.8B | 5.1B | |
| Operating Income | 317.0M | 535.7M | 973.3M | 1.3B | 1.3B | 1.3B | |
| Ebit | 317.0M | 535.7M | 973.3M | 1.3B | 1.3B | 1.3B | |
| Ebitda | 344.9M | 566.8M | 999.6M | 1.3B | 1.3B | 1.3B | |
| Total Operating Expenses | 392.8M | 446.9M | 466.9M | 516.3M | 231.7M | 190.7M | |
| Net Income | 249.7M | 423.5M | 737.4M | 992.2M | 738.7M | 775.7M | |
| Income Tax Expense | 53.3M | 110.1M | 217.4M | 297.1M | (210.7M) | (200.1M) | |
| Depreciation And Amortization | 27.9M | 31.1M | 26.2M | 24.7M | 25.3M | 15.5M | |
| Selling General Administrative | 146.1M | 159.0M | 181.4M | 193.0M | 231.7M | 139.5M | |
| Cost Of Revenue | 3.0B | 3.5B | 3.7B | 4.5B | 4.6B | 4.8B | |
| Income Before Tax | 302.9M | 533.6M | 954.8M | 1.3B | 949.4M | 996.9M | |
| Total Other Income Expense Net | (14.0M) | (2.2M) | (18.5M) | (41K) | (321.0M) | (304.9M) | |
| Net Income Applicable To Common Shares | 249.7M | 423.5M | 737.4M | 992.2M | 1.1B | 1.2B | |
| Selling And Marketing Expenses | 246.7M | 287.9M | 285.4M | 323.3M | 384.9M | 220.3M | |
| Net Income From Continuing Ops | 249.7M | 423.5M | 737.4M | 992.2M | 802.3M | 842.4M | |
| Non Operating Income Net Other | 3.9M | 6.7M | (13.3M) | 2.7M | 3.1M | 3.0M | |
| Tax Provision | 53.3M | 110.1M | 217.4M | 297.1M | 230.5M | 146.4M | |
| Net Interest Income | (785K) | (8.4M) | (2.2M) | (318K) | (41K) | 0.0 | |
| Reconciled Depreciation | 27.9M | 31.1M | 26.2M | 24.7M | 24.8M | 28.0M |
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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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Meritage. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For more detail on how to invest in Meritage Stock please use our How to Invest in Meritage guide.You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
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 0.429 | Dividend Share 1.56 | Earnings Share 21.46 | Revenue Per Share 173.223 | Quarterly Revenue Growth 0.148 |
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.