Meritage Homes Corporation

NYSE MTH

Meritage Homes Corporation Debt to Equity Ratio for the Trailing 12 Months (TTM) ending September 30, 2024: 0.25

Meritage Homes Corporation Debt to Equity Ratio is 0.25 for the Trailing 12 Months (TTM) ending September 30, 2024, a -5.65% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

Meritage Homes Corporation Debt to Equity Ratio for the Trailing 12 Months (TTM) ending September 30, 2023 was 0.27, a -23.70% change year over year.
Meritage Homes Corporation Debt to Equity Ratio for the Trailing 12 Months (TTM) ending September 30, 2022 was 0.35, a -17.44% change year over year.
Meritage Homes Corporation Debt to Equity Ratio for the Trailing 12 Months (TTM) ending September 30, 2021 was 0.42, a -23.44% change year over year.
Meritage Homes Corporation Debt to Equity Ratio for the Trailing 12 Months (TTM) ending September 30, 2020 was 0.55, a -24.45% change year over year.

Key data

Date	Debt to Equity Ratio	Debt to Income Ratio	Debt to Tangible Net Worth Ratio	Dividend Coverage Ratio

NYSE: MTH

Meritage Homes Corporation

CEO	Mr. Phillippe Lord
IPO Date	July 26, 1988
Location	United States
Headquarters	8800 East Raintree Drive
Employees	1,838
Sector	Consumer Discretionary
Industries Homebuilding Home Improvement

Description

Meritage Homes Corporation, together with its subsidiaries, 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 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.

Key trends

Past 5 years