Last quarter (Q4 2023), Meritage's total revenue was $1.65B, a decrease of -69.45% from the same quarter last year. In Q4, Meritage's net income was $-892.03M. See Meritage’s key income statements, including revenue, expenses, profit, and income.

Income Statement	TTM	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Total Revenue	$ 6.11B	$ 6.11B	$ 61.23M	$ 25.24M	$ 4.51B	$ 3.68B
Cost of Revenue	$ 2.19B	$ 12.13M	$ -49.65M	$ -26.32M	$ 3.53B	$ 2.98B
Gross Profit	$ 3.92B	$ 6.10B	$ 11.58M	$ -1.08M	$ 976.00M	$ 700.19M
Operating Expense	$ 625.59M	$ 628.76M	$ 516.25M	$ 466.85M	$ 446.92M	$ 392.82M
Operating Income	$ 2.41B	$ 2.41B	$ 3.07B	$ 2.39B	$ 529.08M	$ 307.37M
Net Non Operating Interest Income Expense	-	-	$ -41.00K	$ -318.00K	$ -2.18M	$ -8.37M
Other Income Expense	$ -47.04M	$ -47.04M	$ -2.71M	$ 13.32M	$ 6.66M	$ 3.94M
Pretax Income	$ 949.43M	$ 949.43M	$ 1.29B	$ 954.83M	$ 533.57M	$ 302.94M
Tax Provision	$ 210.68M	$ 210.68M	$ 297.13M	$ 217.39M	$ 110.09M	$ 53.28M
Earnings From Equity Interest Net Of Tax	$ 14.95M	$ 6.37M	-	$ 4.66M	-	-
Net Income Common Stockholders	$ 361.59M	$ 738.75M	$ 2.78B	$ 2.15B	$ 423.48M	$ 249.66M
Basic EPS	$ 20.18	$ 20.17	$ 27.04	$ 19.61	$ 11.23	$ 6.55
Diluted EPS	$ 19.93	$ 19.93	$ 26.74	$ 19.29	$ 11.00	$ 6.42
Basic Average Shares	$ 146.48M	$ 36.62M	$ 36.69M	$ 37.61M	$ 37.72M	$ 38.10M
Diluted Average Shares	$ 148.28M	$ 37.07M	$ 37.10M	$ 38.23M	$ 38.48M	$ 38.89M
Dividend Per Share	$ 1.08	$ 1.08	-	-	$ 0.00	$ 0.00
Total Operating Income As Reported	-	-	-	-	-	-
Reported Normalized Basic E P S	-	-	-	-	-	-
Reported Normalized Diluted E P S	-	-	-	-	-	-
Rent Expense Supplemental	-	-	-	-	-	-
Total Expenses	$ 2.82B	$ 640.89M	$ 466.60M	$ 440.53M	$ 3.98B	$ 3.37B
Net Income From Continuing And Discontinued Operation	$ 738.75M	$ 738.75M	$ 2.78B	$ 2.15B	$ 423.48M	$ 249.66M
Normalized Income	$ 622.43M	$ 750.05M	-	-	$ 423.48M	$ 254.31M
Interest Expense	-	-	-	-	$ 2.18M	$ 8.37M
EBIT	$ 950.88M	$ 950.88M	$ 1.29B	$ 955.40M	$ 535.74M	$ 311.31M
EBITDA	$ 976.22M	$ 976.22M	$ 1.31B	$ 981.65M	$ 566.79M	$ 339.24M

Currency in USD

Meritage Earnings and Revenue History

Get More with TipRanks Premium

What's Included in PREMIUM?

Make informed decisions based on Top Analysts' activity

Know what industry insiders are buying

Get actionable alerts from top Wall Street Analysts

Find out before anyone else which stock is going to shoot up

Get powerful stock screeners & detailed portfolio analysis

Subscribe Now See Plans & Pricing