Meritage Homes Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018 - 1994
Revenue	6,138	6,292	5,141	4,506	3,678	Upgrade
Revenue Growth (YoY)	-2.45%	22.39%	14.09%	22.53%	3.78%	Upgrade
Cost of Revenue	4,619	4,489	3,706	3,530	2,978	Upgrade
Gross Profit	1,519	1,803	1,435	976	700.19	Upgrade
Selling, General & Admin	616.63	516.25	466.85	446.92	392.82	Upgrade
Operating Expenses	616.63	516.25	466.85	446.92	392.82	Upgrade
Operating Income	902.39	1,287	968.48	529.08	307.37	Upgrade
Interest Expense / Income	0	0.04	0.32	2.18	8.37	Upgrade
Other Expense / Income	-47.04	-2.71	13.32	-6.66	-3.94	Upgrade
Pretax Income	949.43	1,289	954.83	533.57	302.95	Upgrade
Income Tax	210.68	297.13	217.39	110.09	53.28	Upgrade
Net Income	738.75	992.19	737.44	423.48	249.66	Upgrade
Net Income Growth	-25.54%	34.54%	74.14%	69.62%	9.82%	Upgrade
Shares Outstanding (Basic)	37	37	38	38	38	Upgrade
Shares Outstanding (Diluted)	37	37	38	38	39	Upgrade
Shares Change	-0.09%	-2.96%	-0.65%	-1.05%	-4.51%	Upgrade
EPS (Basic)	20.17	27.04	19.61	11.23	6.55	Upgrade
EPS (Diluted)	19.93	26.74	19.29	11.00	6.42	Upgrade
EPS Growth	-25.47%	38.62%	75.36%	71.34%	15.05%	Upgrade
Free Cash Flow	317.8	378.78	-177.21	511.13	322.89	Upgrade
Free Cash Flow Per Share	8.68	10.32	-4.71	13.55	8.47	Upgrade
Dividend Per Share	1.080	-	-	-	-	Upgrade
Gross Margin	24.75%	28.65%	27.92%	21.66%	19.04%	Upgrade
Operating Margin	14.70%	20.45%	18.84%	11.74%	8.36%	Upgrade
Profit Margin	12.04%	15.77%	14.34%	9.40%	6.79%	Upgrade
Free Cash Flow Margin	5.18%	6.02%	-3.45%	11.34%	8.78%	Upgrade
Effective Tax Rate	22.19%	23.05%	22.77%	20.63%	17.59%	Upgrade
EBITDA	974.76	1,314	981.4	566.8	339.24	Upgrade
EBITDA Margin	15.88%	20.88%	19.09%	12.58%	9.22%	Upgrade
Depreciation & Amortization	25.33	24.75	26.25	31.05	27.92	Upgrade
EBIT	949.43	1,289	955.15	535.74	311.32	Upgrade
EBIT Margin	15.47%	20.49%	18.58%	11.89%	8.46%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).