Meritage Homes Corporation
Meritage Homes Corporation designs and builds single-family homes in the United States. The company operates through two segments, Homebuilding and Financial Services. It acquires and develops land; and constructs, markets, and sells homes for first-time and first move-up buyers. The company also offers luxury homes; and title insurance and closing/settlement services to its homebuyers. It builds and sells homes in Texas, Arizona, California, Colorado, Florida, North Carolina, South Carolina, Georgia, and Tennessee under the Meritage Homes brand name. Meritage Homes Corporation was founded in 1985 and is based in Scottsdale, Arizona. Show More...
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Website http://www.meritagehomes.com
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Sector Consumer Cyclical
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Industry Residential Construction
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Last Quote 63.61 USD
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Last Updated 30-05-2025
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External Links Yahoo Finance Morningstar Ratios
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Interest Coverage
The interest coverage ratio is a debt ratio and profitability ratio used to determine how easily a company can pay interest on its outstanding debt.
Reference: Investopedia -
2010-12 2011-12 2012-12 2013-12 2014-12 2015-12 2016-12 2017-12 2018-12 2019-12 TTM Earnings Per Share USD 0.22 -0.65 3.0 3.25 3.46 3.09 3.55 3.41 5.58 6.42 7.6 Dividends USD Payout Ratio % * Shares Mil 32.0 32.0 35.0 39.0 42.0 42.0 43.0 42.0 41.0 39.0 39.0 Book Value Per Share * USD 15.56 15.32 19.49 21.86 26.99 30.32 34.16 38.16 44.98 49.05 52.95 Free Cash Flow Per Share * USD 0.81 -1.96 -6.58 -3.64 -7.47 -1.23 -2.69 -3.42 3.19 8.4 Return on Assets % 0.58 -1.73 7.52 6.96 6.59 5.14 5.36 4.67 6.87 7.38 8.08 Financial Leverage (Average) 2.45 2.5 2.27 2.38 2.09 2.14 2.03 2.06 1.96 1.72 1.97 Return on Equity % 1.45 -4.27 17.78 16.21 14.58 10.87 11.16 9.56 13.79 13.51 15.82 Return on Invested Capital % 2.65 -0.12 9.63 8.54 7.69 6.3 6.2 5.38 7.74 8.42 9.03 Interest Coverage 1.07 0.33 2.19 12.77 41.37 12.87 43.16 65.24 361.83 37.19 84.1 Current Ratio 3.89 2.97 1.57 1.33 0.83 1.37 0.78 0.94 1.44 1.07 1.29 Quick Ratio 3.81 2.87 1.3 1.33 0.67 1.19 0.65 0.78 1.27 1.07 1.29 Debt/Equity 1.21 1.24 1.04 1.08 0.84 0.9 0.79 0.81 0.76 0.52 0.61