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  • MERITAGE HOMES CORP Financial Overview

  • Income Statement: MTH

      2008 2007 Change ( 2007 - 2008  )
    Net Sales/Revenues 1.52 B 2.34 B -820.53 M -53.87%
    Gross Profit -36.92 M 353.40 M -390.32 M 1,057.35%
    Net Income Before Extra Items/Preferred Div -291.94 M -288.85 M -3.08 M 1.06%
    Operating Income -252.21 M 64.78 M -316.98 M 125.68%
  • Cash Flow: MTH

      2008 2007 Change ( 2007 - 2008  )
    Net Cash Flow - Financing 1.68 M 1.26 M 423,000.00 25.18%
    Net Cash Flow - Investing 23.26 M 9.68 M 13.59 M 58.40%
    Net Cash Flow/Operating Activities 199.83 M -20.61 M 220.44 M 110.32%
  • Balance Sheet: MTH

      2008 2007 Change ( 2007 - 2008  )
    Total Assets 1.33 B 1.61 B -283.08 M -21.34%
    Total Liabilities 799.04 M 879.16 M -80.12 M -10.03%
    Shareholders Equity 527.21 M 730.16 M -202.96 M -38.50%
  • Key Ratios / Statistics: MTH

    • Valuation

      Price/Earnings (TTM) -1.22
      Price/Sales (TTM) 0.23
      Price/Book (MRQ) 1.64
      Price/Cash Flow (TTM) 11.34
    • Profitability

      Gross Margin -2.42
      Operating Margin -16.56
      Profit Margin -19.17
    • Dividends

      Dividend Paid (TTM) 0.00
      Payout Ratio % (TTM) 0.00
    • Financial Strength

      Quick Ratio (MRQ) 2.35
      Current Ratio (MRQ) 8.06
      Long Term Debt-to-Equity (MRQ) 137.32
    • Management Effectiveness

      Return on Equity (TTM) -44.24
      Return on Assets (TTM) -12.74
      Return on Investments (TTM) -21.14