Highest-materiality recent filing
Meritage Homes Q2 2026 net earnings down 38% YoY; home closing revenue falls 14%
Net earnings $90.6M ($1.37 diluted EPS) vs $146.9M ($2.04) in Q2 2025, down 38%.
Meritage Homes Q1 net earnings down 55% to $55.3M; home closing margin falls to 17.5%
Net earnings $55.3M (diluted EPS $0.82) vs $122.8M ($1.69) in Q1 2025, down 55%.
Meritage Homes Q4 2025 EPS $1.20 (adj $1.67) vs $2.36 prior; revenue down 12% YoY
Net earnings $84M ($1.20 diluted) vs $172.6M ($2.36) in Q4 2024, down 51%.
Meritage Q3 EPS $1.39 (-48% YoY), revenue $1.4B (-12%), guides Q4 EPS $1.51-1.70
Net earnings fell 49% to $99M, diluted EPS $1.39 vs $2.67; adjusted EPS $1.55.
Meritage Q2 EPS $2.04 vs $3.15 YoY; revenue down 5%; home closing gross margin 21.1%
Net earnings $147M (-37% YoY); diluted EPS $2.04 (-35%).
Meritage Homes EVP and COO Clint Szubinski resigns; effective May 16, 2025
Clint Szubinski, EVP and COO, resigns for personal reasons; employment ends May 16, 2025.
Meritage Homes Q1 2025: EPS $1.69 (-33% YoY), revenue down 8%, gross margin 22.0%
Diluted EPS $1.69 vs $2.53 Q1 2024; net earnings $123M, down 34% YoY.
Meritage Homes issues $500M 5.65% Senior Notes due 2035 for general corporate purposes
Net proceeds of $493.4M after underwriting discount; interest payable semi-annually at 5.65%.
Meritage Homes Q4 net earnings fall 13% to $172.6M; full year record closings of 15,611 homes
Q4 diluted EPS $4.72 vs $5.38; net earnings $172.6M, down 13% YoY.
Meritage Homes Q3 EPS $5.34, down 11% YoY; record closings but margins compress
Q3 diluted EPS $5.34 vs $5.98 YoY; net earnings $196M, down 12%.
Meritage Homes Q2 EPS $6.31, +26% YoY; home closings up 18% to 4,118
Net earnings $231.6M ($6.31 diluted EPS), up 26% YoY; revenue $1.69B, +10%.
Meritage Homes closes $575M 1.75% convertible senior notes offering due 2028
$575M aggregate principal, 1.75% interest, due May 15, 2028.
Meritage Homes prices $500M 1.75% convertible notes due 2028, redeems 6% senior notes due 2025
$500M aggregate principal of 1.75% Convertible Senior Notes due 2028 priced on May 6, 2024.
Meritage Homes posts record Q1 sales orders; diluted EPS up 43% to $5.06
Net earnings $186M ($5.06 diluted EPS) vs $131M ($3.54) prior year, up 43%.
Meritage Homes Q4 2023 EPS $5.38; orders surge 60% YoY to 2,892 units
Net earnings $198.9M ($5.38 diluted EPS) vs $262.4M ($7.09) a year ago, down 24%.
Meritage Homes Q3 diluted EPS $5.98 (-16% YoY); orders surge 50% to 3,474 homes
Net earnings $221.8M ($5.98 diluted EPS) vs $262.5M ($7.10) in Q3 2022, down 16%.
Meritage Q2 EPS $5.02, down 26% YoY; home closing revenue $1.54B up 10%; orders decline 11%
Net earnings $186.8M ($5.02 diluted EPS) vs $250.1M ($6.77) in Q2 2022, a 25% decrease.
Meritage stockholders approve 800K share increase to stock plan, elect directors
Stockholders approved amendment to 2018 Stock Incentive Plan, adding 800,000 shares (30.6M for, 2.0M against).
Meritage Homes Q1 net earnings down 40% to $131M; EPS $3.54 vs $5.79
Home closing revenue $1.26B (+1% YoY); home closing gross margin fell 790 bps to 22.4%.
Meritage Homes initiates quarterly cash dividend of $0.27 per share
Quarterly dividend of $0.27 per share approved by the Board.
Meritage Homes reports record Q4 EPS $7.09, but orders plunge 46% YoY with 39% cancellation rate
Q4 GAAP diluted EPS $7.09, up 13% YoY; full year EPS $26.74, up 39% YoY.
Meritage Homes Q3 EPS $7.10, +35% YoY; orders -33%; guides Q4 EPS $6.50-7.40
Q3 diluted EPS $7.10 vs $5.25 a year ago; net earnings $262.5M (+31%).
Meritage Homes Q2 diluted EPS $6.77 (+55% YoY); withdraws FY2022 guidance citing market uncertainty
Net earnings $250.1M vs $167.4M YoY; home closing revenue $1.41B (+11%).
Meritage Homes authorizes additional $200M share repurchase program
Board authorized up to $200M additional buyback under program originally approved Feb 13, 2019.
Net earnings $217.3M vs $131.8M a year ago; diluted EPS $5.79 vs $3.44.
Meritage Homes Q4 diluted EPS $6.25, up 57% YoY; guides FY2022 EPS $23.15-$24.65
Q4 diluted EPS $6.25 vs $3.97 YoY; net earnings $237.5M; home closing revenue $1.5B (+6% YoY).
On May 7, 2025, Clint Szubinski, the Company’s Executive Vice President and Chief Operating Officer, notified the Company he would be terminating his employment with Meritage Homes for personal reasons.
the Board of Directors (“the Board”) appointed Geisha Williams, 63, as an independent Class II Director.
on October 14, 2024 the Board of Directors (“the Board”) appointed Erin Lantz, 45, as an independent Class II Director to be effective as of October 14, 2024.
Raymond Oppel, a member of the the Company's Board of Directors (the "Board"), notified the Company on March 14, 2024 that he would retire from his position effective May 16, 2024, the end of his current term.
Gerald Haddock, a member of the the Company's Board of Directors (the "Board"), notified the Company that he would retire from his position effective January 2, 2024.
Meritage Homes Corporation (the "Company") announced in a press release that on June 14, 2023 the Board of Directors ("the Board") appointed Dennis V. Arriola as an independent Class II Director to be effective as of June 14, 2023.
Hilla Sferruzza, the Company’s Executive Vice President and Chief Financial Officer will relinquish the Principal Accounting Officer position as of the Effective Date.
effective as of January 1, 2022 (the “Effective Date”), Alison L. Sasser, who has been serving as the Company’s Vice President and Corporate Controller, has been appointed to the additional position of Principal Accounting Officer.
appointed Louis E. Caldera as an independent Class I Director to be effective as of December 10, 2021.
On September 1, 2021, C. Timothy White, Executive Vice President and General Counsel, notified the Company that he is retiring effective December 15, 2021.
Max materiality 0.85 · Median 0.60 · Most common event earnings