---
schema_version: "secwatch.filing_event.v1"
accession: "0000833079-22-000069"
form_type: "8-K"
ticker: "MTH"
cik: "0000833079"
company_name: "Meritage Homes CORP"
filed_at: "2022-04-27T23:59:59+00:00"
generated_at: "2026-06-26T04:21:28.977583+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Meritage Homes Q1 diluted EPS $5.79 (+68% YoY); home closing revenue $1.25B (+15%); gross margin 30.3% (+560 bps)

## Summary
- Net earnings $217.3M vs $131.8M a year ago; diluted EPS $5.79 vs $3.44.
- Home orders 3,874 units (+12% YoY); average active communities up 32% to 268.
- Home closing gross margin 30.3% (up 560 bps); SG&A leverage improved 130 bps to 8.5%.
- Full-year 2022 guidance: 14,500-15,500 closings; diluted EPS $26.30-$27.90.
- Repurchased ~1.04M shares for $99.3M in Q1; net debt-to-capital 16.9%.

## SEC filing metadata
- accession: 0000833079-22-000069
- form_type: 8-K
- ticker: MTH
- cik: 0000833079
- company_name: Meritage Homes CORP
- filed_at: 2022-04-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/833079/000083307922000069/0000833079-22-000069-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/833079/000083307922000069/mth-20220427.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000833079-22-000069
- JSON: https://secwatch.observer/filing/0000833079-22-000069.json
- Plain text: https://secwatch.observer/filing/0000833079-22-000069.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.