Highest-materiality recent filing
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%.
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.
Max materiality 0.85 · Median 0.65 · Most common event earnings