Is Meritage Homes (MTH) overvalued or fairly valued?

MarketChacha shows Meritage Homes's valuation in context — a trailing P/E of about 10.7, a forward P/E of about 10.7, a price-to-book of about 0.8 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

What is the share price of Meritage Homes (MTH)?

Meritage Homes last traded at $60.23 (+3.2% on the day), as of 10/20/2026 — a delayed quote shown for education, not investment advice.

Meritage Homes

MTH · NYSE · Consumer Discretionary · United States

Snapshot

TickerMTH

ExchangeNYSE

SectorConsumer Discretionary

IndustryResidential Construction

CountryUnited States

Employees1,860

HeadquartersScottsdale, United States

Websitewww.meritagehomes.com

Filings tracked14

About Meritage Homes

Meritage Homes Corporation, together with its subsidiaries, designs and builds single-family attached and detached homes in the United States. The company operates through two segments: Homebuilding and Financial Services. It acquires and develops land; and constructs, markets, and sells homes for entry-level and first move-up buyers in Arizona, California, Colorado, Utah, Texas, Alabama, Florida, Georgia, Mississippi, North Carolina, South Carolina, and Tennessee. The company also provides title and escrow, mortgage, insurance, title insurance, and closing/settlement services to its homebuyers. Meritage Homes Corporation was founded in 1985 and is based in Scottsdale, Arizona.

Who owns it

Insiders2.6%
Institutions97.4%
Public & other0.0%

538 institutional holders

Ownership breakdown from public market data.

Top holders

Blackrock Inc.18.76%
Vanguard Portfolio Management LLC6.21%
FMR, LLC6.01%
State Street Corporation5.52%
Vanguard Capital Management LLC4.44%
Dimensional Fund Advisors LP4.41%
Capital World Investors3.13%
Two Sigma Investments, LP2.82%

Largest institutional holders — last updated 6/30/2026.

Forensic scorecard

Over 3 years only 0.12× of reported profit became operating cash — the classic sign that headline earnings may be running ahead of the cash actually generated. Often explained by working capital funding growth; worth a closer look.

Cash conversion0.12×

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $1.5B · EPS 1.42

Est. earnings growth +18.6%

Next fiscal year

Rev $5.7B · EPS 5.59

Est. earnings growth +15.6%

Analyst consensus estimates — not the company's own guidance.

New to these terms?

P/E ROE ROCE Margins Market cap

Browse the Learn hub →

Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

ROE

8.7%

Profit CAGR (2y)

-21.7%

EPS (FY2025)

6.35

Net profit (FY2025)

$453.0M

Ask MarketChacha about MTH

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Financials

Yearly

Period	Net profit	EPS	ROE
FY2025	$453.0M	6.35	8.7%
FY2024	$786.2M	10.72	15.3%
FY2023	$738.7M	9.96	16.0%

Quarterly

Period	Net profit	EPS
2026Q2	$90.6M	1.37
2026Q1	$55.3M	0.82
2025Q3	$99.3M	1.39
2025Q2	$146.9M	2.04
2025Q1	$122.8M	1.69
2024Q3	$196.0M	2.67
2024Q2	$231.6M	3.15
2024Q1	$186.0M	2.53
2023Q3	$221.8M	5.98
2023Q2	$186.8M	5.02
2023Q1	$131.3M	3.54

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

8-K — Bylaw/charter change, Exhibits
SEC8/25/2026material
10-Q filing
SEC7/31/2026
8-K — Results of operations, Exhibits
SEC7/29/2026material
8-K — Material agreement, Material financial obligation, Exhibits
SEC6/29/2026material
8-K — Shareholder vote results, Exhibits
SEC5/21/2026material
10-Q filing
SEC4/24/2026
8-K — Results of operations, Exhibits
SEC4/22/2026material
8-K — Executive/director change, Exhibits
SEC3/26/2026material
8-K — Executive/director change, Other events, Exhibits
SEC2/19/2026material
10-K filing
SEC2/13/2026
8-K — Results of operations, Exhibits
SEC1/28/2026material

2025

10-Q filing
SEC10/31/2025
8-K — Results of operations, Exhibits
SEC10/28/2025material
10-Q filing
SEC7/25/2025

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.