Meritage Homes (MTH)
(Real Time Quote from BATS)
$205.82 USD
+2.49 (1.23%)
Updated Sep 23, 2024 03:48 PM ET
2-Buy of 5 2
B Value D Growth B Momentum B VGM
Balance Sheet
Fiscal Year End for Meritage Homes Corporation falls in the month of December.
All items in Millions except Per Share data.
12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | |
---|---|---|---|---|---|
Assets | |||||
Cash & Equivalents | 921 | 862 | 618 | 746 | 319 |
Receivables | 267 | 215 | 148 | 99 | 88 |
Notes Receivable | 0 | 0 | 0 | 0 | 0 |
Inventories | 0 | 0 | 0 | 0 | 0 |
Other Current Assets | 111 | 77 | 91 | 60 | 51 |
Total Current Assets | 1,300 | 1,153 | 857 | 904 | 459 |
Net Property & Equipment | 4,770 | 4,397 | 3,780 | 2,817 | 2,795 |
Investments & Advances | 17 | 12 | 6 | 4 | 4 |
Other Non-Current Assets | 0 | 0 | 0 | 0 | 0 |
Deferred Charges | 48 | 45 | 41 | 36 | 26 |
Intangibles | 0 | 0 | 0 | 0 | 0 |
Deposits & Other Assets | 219 | 165 | 125 | 103 | 114 |
Total Assets | 6,353 | 5,772 | 4,808 | 3,864 | 3,398 |
Liabilities & Shareholders Equity | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 |
---|---|---|---|---|---|
Notes Payable | 0 | 0 | 0 | 0 | 0 |
Accounts Payable | 272 | 273 | 216 | 175 | 155 |
Current Portion Long-Term Debt | 0 | 0 | 0 | 0 | 0 |
Current Portion Capital Leases | 0 | 0 | 0 | 0 | 0 |
Accrued Expenses | 425 | 361 | 337 | 296 | 226 |
Income Taxes Payable | 0 | 0 | 0 | 0 | 0 |
Other Current Liabilities | 37 | 38 | 43 | 25 | 24 |
Total Current Liabilities | 733 | 672 | 596 | 496 | 405 |
Mortgages | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes/Income | 0 | 0 | 0 | 0 | 0 |
Convertible Debt | 0 | 0 | 0 | 0 | 0 |
Long-Term Debt | 1,008 | 1,151 | 1,160 | 1,020 | 1,019 |
Non-Current Capital Leases | 0 | 0 | 0 | 0 | 0 |
Other Non-Current Liabilities | 0 | 0 | 7 | 0 | 0 |
Minority Interest (Liabilities) | 0 | 0 | 0 | 0 | 0 |
Total Liabilities | 1,741 | 1,822 | 1,763 | 1,517 | 1,424 |
Shareholders Equity | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 |
---|---|---|---|---|---|
Preferred Stock | 0 | 0 | 0 | 0 | 0 |
Common Stock (Par) | 0 | 0 | 0 | 0 | 0 |
Capital Surplus | 291 | 328 | 415 | 456 | 505 |
Retained Earnings | 4,321 | 3,621 | 2,629 | 1,892 | 1,468 |
Other Equity | 0 | 0 | 0 | 0 | 0 |
Treasury Stock | 0 | 0 | 0 | 0 | 0 |
Total Shareholder's Equity | 4,612 | 3,950 | 3,044 | 2,348 | 1,974 |
Total Liabilities & Shareholder's Equity | 6,353 | 5,772 | 4,808 | 3,864 | 3,398 |
Total Common Equity | 4,612 | 3,950 | 3,044 | 2,348 | 1,974 |
Shares Outstanding | 36.40 | 36.50 | 37.30 | 37.60 | 38.30 |
Book Value Per Share | 126.70 | 108.21 | 81.62 | 62.44 | 51.54 |
Fiscal Year End for Meritage Homes Corporation falls in the month of December.
All items in Millions except Per Share data.
6/30/2024 | 3/31/2024 | 12/31/2023 | 9/30/2023 | 6/30/2023 | |
---|---|---|---|---|---|
Assets | |||||
Cash & Equivalents | 993 | 905 | 921 | 1,049 | 1,163 |
Receivables | 258 | 243 | 267 | 229 | 210 |
Notes Receivable | 0 | 0 | 0 | 0 | 0 |
Inventories | 0 | 0 | 0 | 0 | 0 |
Other Current Assets | 157 | 123 | 111 | 94 | 71 |
Total Current Assets | 1,408 | 1,271 | 1,300 | 1,371 | 1,444 |
Net Property & Equipment | 5,222 | 4,962 | 4,770 | 4,552 | 4,396 |
Investments & Advances | 24 | 19 | 17 | 15 | 12 |
Other Non-Current Assets | 0 | 0 | 0 | 0 | 0 |
Deferred Charges | 60 | 47 | 48 | 46 | 45 |
Intangibles | 0 | 0 | 0 | 0 | 0 |
Deposits & Other Assets | 211 | 190 | 219 | 198 | 168 |
Total Assets | 6,924 | 6,489 | 6,353 | 6,182 | 6,066 |
Liabilities & Shareholders Equity | 6/30/2024 | 3/31/2024 | 12/31/2023 | 9/30/2023 | 6/30/2023 |
---|---|---|---|---|---|
Notes Payable | 0 | 0 | 0 | 0 | 0 |
Accounts Payable | 300 | 306 | 272 | 294 | 276 |
Current Portion Long-Term Debt | 0 | 0 | 0 | 0 | 0 |
Current Portion Capital Leases | 0 | 0 | 0 | 0 | 0 |
Accrued Expenses | 389 | 418 | 425 | 413 | 336 |
Income Taxes Payable | 0 | 0 | 0 | 0 | 0 |
Other Current Liabilities | 39 | 43 | 37 | 48 | 50 |
Total Current Liabilities | 728 | 767 | 733 | 755 | 662 |
Mortgages | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes/Income | 0 | 0 | 0 | 0 | 0 |
Convertible Debt | 1,304 | 0 | 0 | 0 | 0 |
Long-Term Debt | 10 | 1,002 | 1,008 | 1,005 | 1,155 |
Non-Current Capital Leases | 0 | 0 | 0 | 0 | 0 |
Other Non-Current Liabilities | 0 | 0 | 0 | 0 | |
Minority Interest (Liabilities) | 0 | 0 | 0 | 0 | 0 |
Total Liabilities | 2,041 | 1,769 | 1,741 | 1,761 | 1,817 |
Shareholders Equity | 6/30/2024 | 3/31/2024 | 12/31/2023 | 9/30/2023 | 6/30/2023 |
---|---|---|---|---|---|
Preferred Stock | 0 | 0 | 0 | 0 | 0 |
Common Stock (Par) | 0 | 0 | 0 | 0 | 0 |
Capital Surplus | 199 | 241 | 291 | 289 | 328 |
Retained Earnings | 4,684 | 4,479 | 4,321 | 4,132 | 3,920 |
Other Equity | 0 | 0 | 0 | 0 | 0 |
Treasury Stock | 0 | 0 | 0 | 0 | 0 |
Total Shareholder's Equity | 4,883 | 4,721 | 4,612 | 4,421 | 4,248 |
Total Liabilities & Shareholder's Equity | 6,924 | 6,489 | 6,353 | 6,182 | 6,066 |
Total Common Equity | 4,883 | 4,721 | 4,612 | 4,421 | 4,248 |
Shares Outstanding | 36.30 | 36.30 | 36.40 | 36.40 | 36.70 |
Book Value Per Share | 134.50 | 130.04 | 126.70 | 121.46 | 115.76 |