Meritage Operating Income vs Net Income Analysis
MTH Stock | USD 154.69 3.50 2.21% |
Meritage financial indicator trend analysis is infinitely more than just investigating Meritage recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Meritage is a good investment. Please check the relationship between Meritage Operating Income and its Net Income accounts. 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.
Operating Income vs Net Income
Operating Income vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Meritage Operating Income account and Net Income. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Meritage's Operating Income and Net Income is 0.98. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Net Income in the same time period over historical financial statements of Meritage, assuming nothing else is changed. The correlation between historical values of Meritage's Operating Income and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Meritage are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Operating Income i.e., Meritage's Operating Income and Net Income go up and down completely randomly.
Correlation Coefficient | 0.98 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
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.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Meritage financial statement analysis. It represents the amount of money remaining after all of Meritage operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most indicators from Meritage's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Meritage current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, 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 Sales General And Administrative To Revenue is decreasing as compared to previous years. The Meritage's current Enterprise Value is estimated to increase to about 3.2 B, while Selling General Administrative is projected to decrease to under 139.5 M.
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 fundamental ratios Correlations
Click cells to compare fundamentals
Meritage Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Meritage fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.4B | 3.9B | 4.8B | 5.8B | 6.4B | 6.7B | |
Short Long Term Debt Total | 1.0B | 1.0B | 1.2B | 1.2B | 1.1B | 660.1M | |
Total Stockholder Equity | 2.0B | 2.3B | 3.0B | 3.9B | 4.6B | 4.8B | |
Net Debt | 699.5M | 274.5M | 541.7M | 289.1M | 141.0M | 134.0M | |
Retained Earnings | 1.5B | 1.9B | 2.6B | 3.6B | 4.3B | 4.5B | |
Non Current Assets Total | 2.9B | 182.6M | 91.8M | 95.8M | 332.3M | 643.6M | |
Non Currrent Assets Other | 2.7B | 103.3M | (116.8M) | (164.7M) | 218.6M | 281.4M | |
Common Stock Shares Outstanding | 38.9M | 38.5M | 38.2M | 37.1M | 37.1M | 32.7M | |
Liabilities And Stockholders Equity | 3.4B | 3.9B | 4.8B | 5.8B | 6.4B | 6.7B | |
Non Current Liabilities Total | 1.0B | 1.0B | 1.2B | 1.2B | 1.1B | 674.9M | |
Other Stockholder Equity | 505.4M | 455.8M | 414.8M | 327.9M | 291.0M | 289.8M | |
Total Liab | 1.4B | 1.5B | 1.8B | 1.8B | 1.7B | 901.7M | |
Other Current Liab | 191.8M | 267.9M | 337.3M | 360.6M | 279.3M | 179.7M | |
Short Term Debt | 5.4M | 34.2M | 28.3M | 0.0 | 54.0M | 51.3M | |
Cash | 319.5M | 745.6M | 618.3M | 861.6M | 921.2M | 967.3M | |
Other Assets | 29.2M | 3.0B | 3.8B | 4.4B | 5.1B | 5.4B | |
Cash And Short Term Investments | 319.5M | 745.6M | 618.3M | 861.6M | 921.2M | 967.3M | |
Total Current Assets | 458.9M | 3.7B | 4.7B | 5.7B | 6.0B | 6.3B | |
Total Current Liabilities | 405.3M | 496.4M | 595.9M | 671.8M | 641.6M | 673.7M | |
Property Plant And Equipment Net | 50.6M | 38.9M | 37.3M | 38.6M | 49.0M | 46.5M | |
Accounts Payable | 155.0M | 175.3M | 216.0M | 273.3M | 271.7M | 285.2M | |
Net Receivables | 88.5M | 98.6M | 147.5M | 215.0M | 267.0M | 280.3M | |
Common Stock Total Equity | 382K | 375K | 373K | 366K | 420.9K | 325.3K | |
Property Plant And Equipment Gross | 50.6M | 38.9M | 123.9M | 123.3M | 122.7M | 134.3M | |
Accumulated Other Comprehensive Income | (57.2M) | (83.4M) | (92.6M) | (96.9M) | (87.2M) | (82.8M) | |
Common Stock | 382K | 375K | 373K | 366K | 364K | 328.1K | |
Other Liab | 24.2M | 25.1M | 49.8M | 38.0M | 43.7M | 33.7M | |
Long Term Debt | 1.0B | 1.0B | 1.2B | 1.2B | 1.0B | 846.3M | |
Good Will | 114.1M | 103.3M | 124.8M | 164.7M | 218.6M | 229.5M | |
Inventory | 2.7B | 2.8B | 3.7B | 4.4B | 4.7B | 5.0B | |
Property Plant Equipment | 50.6M | 38.9M | 37.3M | 38.6M | 44.4M | 30.8M | |
Other Current Assets | (2.7B) | 59.5M | 215.5M | 241.4M | 111.4M | 116.9M | |
Net Tangible Assets | 2.0B | 2.3B | 3.0B | 3.9B | 4.5B | 4.8B | |
Retained Earnings Total Equity | 1.5B | 1.9B | 2.6B | 3.6B | 4.2B | 4.4B | |
Long Term Debt Total | 1.0B | 1.0B | 1.2B | 1.2B | 1.3B | 1.1B | |
Capital Surpluse | 505.4M | 455.8M | 414.8M | 327.9M | 295.1M | 382.9M | |
Deferred Long Term Liab | 3.6M | 3.3M | 4.7M | 3.8M | 4.4M | 3.5M | |
Long Term Investments | 4.4M | 4.4M | 5.8M | 11.8M | 17.2M | 29.2M |
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Try AI Portfolio ArchitectCheck 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 Anywhere module to track or share privately all of your investments from the convenience of any device.
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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.