Meritage Revenue, Profits - MTH Quarterly Income Statement

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$41.8 $0.2 (0.48%) MTH stock closing price Aug 14, 2018 (Closing)

Looking at financial statements, along with the Meritage stock price, it's management, its economic moat, and industry competitors forms an important part of fundamental analysis. The income statement is a summary of the revenue or sales, expenses and profitability - shown as Net Income, or lack of it. When compared with the corresponding income statement from the past, the latest income statement shows how revenue has grown from 742.56M to 881.37M and how operating and non operating activities have impacted the MTH stock. One also needs to look at Meritage assets, operating expenses and Meritage free cash flow. The Meritage profit and loss statement shows revenue of $881.37M for 2018 Q2. Revenue has grown by 18.69% QoQ for MTH stock.

View and download details of revenue and profits for Meritage for latest & last 40 quarters.
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Quarterly
Annual
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Fiscal year is Jan - Dec2018 Q22018 Q12017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q1
Meritage Revenues or Net Sales
881.37M742.56M946.43M805.6M801.98M675.72M880.71M752.86M797.9M600.27M
Cost Of Goods Sold (COGS)718.67M619.44M775.22M660.99M661.06M563M723.27M620.98M659.79M493.97M
Meritage Gross Profit
162.7M126.16M175.3M148.15M144.55M112.7M160.83M135.01M141.58M106.29M
Research & Development Expense----------
Selling General & Admin Expense24.84M82.47M93.35M85.51M82.38M76.59M89.36M82.91M82.99M74.24M
Income Before Depreciation Depletion Amortization137.86M43.69M81.95M62.63M62.17M36.11M71.49M52.09M58.59M32.04M
Depreciation Depletion Amortization----------
Non Operating Income1.78M5.32M2.44M1.93M2.65M1.48M4.91M1.87M2.11M-
Interest Expense---1.11M1.62M---1.67M3.28M
Meritage Pretax Income
71.19M48.88M84.1M63.45M63.2M36.76M76.35M53.8M59.03M28.88M
Provision for Income Taxes17.35M5.01M48.55M20.9M21.62M13.19M24.54M16.91M19.15M7.91M
MinorityInterest----------
Investment Gains Losses----------
Other Income----------
Income Before Extraordinaries & Disc Operations53.84M43.89M35.55M42.55M41.58M23.57M51.81M36.89M39.88M20.97M
Extraordinary Items & Discontinued Operations----------
Meritage Profit/ Loss (Net Income)
53.84M43.89M35.55M42.55M41.58M23.57M51.81M36.89M39.88M20.97M
Average Shares used to compute Diluted EPS41.16M41.14M41.07M42.01M42.78M42.81M42.67M42.61M42.53M42.36M
Average Shares used to compute Basic EPS40.65M40.49M40.33M40.32M40.32M40.18M40.03M40.02M40.01M39.84M
Income Before Nonrecurring Items-43.89M55.25M42.55M41.58M23.57M51.81M36.89M39.88M20.97M
Income from Nonrecurring Items---19.7M-------
Meritage Earnings Per Share Basic Net
1.321.080.881.061.030.591.290.921.000.53
Meritage Earnings Per Share Diluted Net
1.311.070.871.020.980.561.220.880.950.50
EPS Diluted Before Nonrecurring Items1.311.071.341.020.980.561.220.880.950.50
Preferred Dividends Acc Pd----------
Dividends Common0.000.000.00-------
Dividend Per Share Common0.000.000.000.000.000.000.000.000.000.00
All figures in USD. M: Millions of USD, B: Billions of USD.
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It is very helpful to read a report on Meritage stock analysis. An investor must check the following items in an income statement:

  • Revenue: The money received by selling of goods or services comes under this line item. A QoQ growth - See: Meritage revenue chart, implies that the company is growing. It has been the case with Meritage. One must look at stocks with increasing revenues, and stay away from stocks whose revenues or sales are declining.
  • Bottom line: The word bottom line comes because it is usually the last line of the income statement and refers to the actual profits after deducting all expenses from the revenues. MTH stock had a healthy bottom line growth.

The income statement is also called the profit and loss statement. Apart from the MTH income statement, one can check the Meritage historical stock prices to check how the price has moved with time.

Meritage Income Statement - Key Financial Ratios

PE Ratio (price earnings ratio)
9.79
PS Ratio (price sales ratio)
0.5
Operating Margin
15.6
Net Profit Margin
6.1
Dividend Yield
0%