Meritage Revenue, Profits - MTH Quarterly Income Statement

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$47.2 $0.85 (1.83%) MTH stock closing price Feb 16, 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 805.6M to 950.49M 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 $950.49M for 2017 Q4. Revenue has grown by 17.99% 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 - Dec2017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q12015 Q42015 Q3
Meritage Revenues or Net Sales
950.49M805.6M801.98M675.72M880.71M752.86M797.9M600.27M781.61M669.96M
Cost Of Goods Sold (COGS)775.2M660.99M661.06M563M723.27M620.98M659.79M493.97M629.54M543.71M
Meritage Gross Profit
175.29M148.15M144.55M112.7M160.83M135.01M141.58M106.29M155.18M129.24M
Research & Development Expense----------
Selling General & Admin Expense93.34M85.51M82.38M76.59M89.36M82.91M82.99M74.24M77.67M74.27M
Income Before Depreciation Depletion Amortization81.95M62.63M62.17M36.11M71.49M52.09M58.59M32.04M77.53M54.97M
Depreciation Depletion Amortization----------
Non Operating Income2.44M1.93M2.65M1.48M4.91M1.87M2.11M-2.57M-4.11M
Interest Expense-1.11M1.62M---1.67M3.28M4.01M4.18M
Meritage Pretax Income
84.09M63.45M63.2M36.76M76.35M53.8M59.03M28.88M76.1M46.66M
Provision for Income Taxes48.54M20.9M21.62M13.19M24.54M16.91M19.15M7.91M23.19M16.36M
MinorityInterest----------
Investment Gains Losses----------
Other Income----------
Income Before Extraordinaries & Disc Operations35.55M42.55M41.58M23.57M51.81M36.89M39.88M20.97M52.9M30.31M
Extraordinary Items & Discontinued Operations----------
Meritage Profit/ Loss (Net Income)
35.55M42.55M41.58M23.57M51.81M36.89M39.88M20.97M52.9M30.31M
Average Shares used to compute Diluted EPS41.07M42.01M42.78M42.81M42.67M42.61M42.53M42.36M42.21M42.19M
Average Shares used to compute Basic EPS40.33M40.32M40.32M40.18M40.03M40.02M40.01M39.84M39.67M39.66M
Income Before Nonrecurring Items55.25M42.55M41.58M23.57M51.81M36.89M39.88M20.97M52.9M30.31M
Income from Nonrecurring Items-19.7M---------
Meritage Earnings Per Share Basic Net
0.881.061.030.591.290.921.000.531.330.76
Meritage Earnings Per Share Diluted Net
-1.02M--1.22M---1.26M-
EPS Diluted Before Nonrecurring Items1.341.020.980.561.220.880.950.501.260.73
Preferred Dividends Acc Pd----------
Dividends Common0.000.00--------
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 poor 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)
13.76
PS Ratio (price sales ratio)
0.59
Operating Margin
8.6
Net Profit Margin
3.7
Dividend Yield
0%