Meritage Homes Profit Margin 2010-2023 | MTH
Current and historical gross margin, operating margin and net profit margin for Meritage Homes (MTH) over the last 10 years. Profit margin can be defined as the percentage of revenue that a company retains as income after the deduction of expenses. Meritage Homes net profit margin as of December 31, 2023 is 12.54%.
| Meritage Homes Annual Profit Margins |
| Meritage Homes Quarterly Profit Margins |
| Sector |
Industry |
Market Cap |
Revenue |
| Construction |
Building - Residential and Commercial |
$5.618B |
$6.138B |
|
Meritage Homes Corp. is one of the leading designers and builders of single-family homes. The company primarily engages in building and selling single-family homes for entry-level, first-time, move-up, luxury and active adult buyers in historically high-growth regions of the U.S. It acquired the homebuilding operations of its predecessor company through a merger. It operates as a holding company and has no independent assets or operations. Meritage operates through 2 principal business segments: Homebuilding and Financial Services. The Homebuilding segment engages in acquiring and developing land, constructing homes, marketing and selling these constructed homes, and providing warranty and customer services in West, Central and East, across Arizona, California, Colorado, Texas, Florida, Georgia, N. Carolina, S. Carolina, and Tennessee. It also operates Carefree Title Agency, Inc. The company's Financial Services segment includes revenues and expenses from Carefree Title.
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