---
schema_version: "secwatch.filing_event.v1"
accession: "0000833079-23-000146"
form_type: "8-K"
ticker: "MTH"
cik: "0000833079"
company_name: "Meritage Homes CORP"
filed_at: "2023-10-31T23:59:59+00:00"
generated_at: "2026-06-09T05:14:49.265900+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Meritage Homes Q3 diluted EPS $5.98 (-16% YoY); orders surge 50% to 3,474 homes

## Summary
- Net earnings $221.8M ($5.98 diluted EPS) vs $262.5M ($7.10) in Q3 2022, down 16%.
- Home orders rose 50% YoY to 3,474 units; home closing revenue up 3% to $1.61B.
- Home closing gross margin fell to 26.7% from 28.7% due to higher financing incentives.
- Q4 2023 guidance: 3,500-3,700 home closings, $1.45-1.53B revenue, EPS $4.84-5.43.
- Cash $1.05B; repurchased $45M stock, redeemed $150M of 2025 Notes; maintained $0.27 dividend.

## SEC filing metadata
- accession: 0000833079-23-000146
- form_type: 8-K
- ticker: MTH
- cik: 0000833079
- company_name: Meritage Homes CORP
- filed_at: 2023-10-31T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/833079/000083307923000146/0000833079-23-000146-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/833079/000083307923000146/mth-20231031.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000833079-23-000146
- JSON: https://secwatch.observer/filing/0000833079-23-000146.json
- Plain text: https://secwatch.observer/filing/0000833079-23-000146.txt

## Key facts
- Earnings Releases
  Meritage Homes CORP reported the quarterly period ended September 30, 2023 results: revenue $1,610,317, net income $221,760, EPS $5.98 per diluted share.
  - Period: the quarterly period ended September 30, 2023
  - Revenue: $1,610,317
  - Net income: $221,760
  - EPS: $5.98 per diluted share
  - Result: reported results
  source text: Three Months Ended September 30, Nine Months Ended September 30, 2023 2022 % Chg 2023 2022 % Chg Homes closed (units) 3,638 3,487 4 % 10,025 9,566 5 % Home closing revenue $ 1,610,317 $ 1,569,032 3 % $ 4,415,261 $ 4,223,435 5 % Average sales price — closings $ 443 $ 450 (2) % $ 440 $ 442 — % Home orders (units) 3,474 2,310 50 % 10,301 9,951 4 % Home order value
  evidence_url: https://www.sec.gov/Archives/edgar/data/833079/000083307923000146/0000833079-23-000146-index.htm

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