Meritage Revenue, Profits - MTH Annual Income Statement

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$40.45 $0.3 (0.75%) MTH stock closing price Sep 22, 2017 (Closing)

Stock analysis based on fundamentals means looking at financial statements in addition to the Meritage stock price. The income statement is a summary of the revenue or sales, expenses and profitability (shown as Net Income) or lack of it. The income statement for MTH which implies a YoY revenue growth of $462.28M is specific to a period of time. Investors typically check YoY or QoQ revenue growth. 2016 revenue is $3.04B and has increased from $2.58B year on year as is evident when you compare the latest figures in the latest Meritage profit and loss statement with those of the prior corresponding period. (See also:Meritage assets and Meritage free cash flow) Meritage revenue for 2016 is 3.04B. View revenue and profit details for latest and last 10 financial years.

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Quarterly
Annual
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Fiscal year is Jan - Dec.2016201520142013201220112010200920082007
Meritage Net Sales or Revenues
3.04B2.58B2.18B1.82B1.19B861.24M941.65M970.31M1.52B2.34B
Cost Of Goods Sold (COGS)2.5B2.08B1.72B1.42B975.47M720.13M773.96M966.26M1.56B2.33B
Meritage Gross Profit
543.71M500.08M462.73M402.45M218.19M141.1M167.69M4.05M-36.91M13.04M
Research & Development Expense----------
Selling General & Admin Expense329.5M293.37M255.28M208.3M163.01M139.09M136.58M141.83M205.09M302.62M
Income Before Depreciation Depletion Amortization214.21M206.71M207.45M194.14M55.18M2.01M31.11M-137.78M-242M-289.57M
Depreciation Depletion Amortization----------
Non Operating Income9.01M-1.28M6.12M-1.38M-2.08M8.01M5.09M19.51M-10.3M-160.15M
Interest Expense5.17M15.96M5.16M15.09M24.24M30.39M33.72M36.53M23.65M6.74M
Meritage Pretax Income
218.06M189.46M208.41M177.67M28.85M-20.37M2.48M-154.79M-275.96M-456.48M
Provision for Income Taxes68.51M60.72M66.17M53.2M-76.3M0.73M-4.66M-88.34M15.96M-167.63M
Minority Interest----------
Investment Gains Losses----------
Other Income----------
Income Before Extraordinaries & Disc Operations149.54M128.73M142.24M124.46M105.16M-21.1M7.15M-66.45M-291.93M-288.85M
Extraordinary Items & Discontinued Operations----------
Meritage Net Income (Profit/Loss)
149.54M128.73M142.24M124.46M105.16M-21.1M7.15M-66.45M-291.93M-288.85M
Average Shares used to compute Diluted EPS42.59M42.16M41.61M38.8M35.17M32.38M32.32M31.35M29.33M26.23M
Average Shares used to compute Basic EPS39.98M39.59M39.02M36.11M34.06M32.38M32.06M31.35M29.33M26.23M
Income Before Nonrecurring Items149.54M128.74M142.24M126.93M45.36M-4.2M12.68M-117.46M-185.94M-288.85M
Income from Nonrecurring Items----2.47M59.81M-16.9M-5.53M51M-106M-
Meritage Earnings Per Share Basic Net
3.743.253.653.453.09-0.650.22-2.12-9.95-11.01
Meritage Earnings Per Share Diluted Net
3.553.093.463.253.00-0.650.22-2.12-9.95-11.01
EPS Diluted Before Nonrecurring Items3.553.093.463.311.30-0.130.39-3.75-6.34-11.01
Preferred Dividends Acc Pd----------
Dividends Common----------
Dividend Per Share Common----------
All figures in USD. M: Millions of USD, B: Billions of USD.
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Before investing one should read a report on Meritage stock analysis. It helps to look at the following income statement items:
  • Topline: A growing topline, as seen from the Meritage revenue chart, as is the case with Meritage indicates a growing business. One needs to compare the QoQ or YoY topline or sales growth of MTH stock with its peers like KBH stock and MDC stock to see if the growth compares well with what can be expected from a company in that industry.
  • Bottom line: Most businesses like Meritage try to grow their profits by growing their topline and by increasing their operating efficiency. A healthy bottom line growth implies a good investment.
The income statement is also called statement of revenue and expense. The MTH financials along with Meritage historical stock prices provide a lot of details about the firm .

Meritage Income Statement - Key Financial Ratios

PE Ratio (price earnings ratio)
11.11
PS Ratio (price sales ratio)
0.52
Operating Margin
7.8
Net Profit Margin
5.2
Dividend Yield
0%