The Tip Desk

Meritage Homes CORP

Company Stats

Market Cap
$4.1B
as of Sep 30, 2026
Shares Outstanding
65.2M
Free Float
92.5%

Income Statement

Net Income
$453.0M

Cash Flow

Free Cash Flow
$92.6M
FCF Yield
2.3%
Owner FCF Yield
1.8%

Balance Sheet

Cash & Equivalents
$775.2M

Returns & Capital

Dividends Paid
$121.1M
Dividend Yield
3.0%
Dividend Payout, 3Y Avg
15.3%
Share Repurchases
$295.0M
Buyback Yield, 3Y Avg
3.9%
SBC, 3Y Avg
$22.7M

Cash Flow by Year

YearRevenueFCFMargin
FY2025—$92.6M—
FY2024—-$256.2M—
FY2023—$317.4M—
FY2022—$378.3M—
FY2021—-$177.8M—

Annual filing data through FY ended December 31, 2025; shares and float as of October 7, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Earnings

Other Coverage