Meritage Historical Income Statement
| MTH Stock | USD 154.67 3.52 2.23% |
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.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 |
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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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.