Meritage Homes (MTH) Revenue & Revenue Breakdown

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Meritage Homes Revenue Highlights

Latest Revenue (Y)

$6.14B

Latest Revenue (Q)

$1.59B

Main Segment (Y)

Real Estate

Meritage Homes Revenue by Period

Meritage Homes Revenue by Year

Date	Revenue	Change
2023-12-31	$6.14B	-2.55%
2022-12-31	$6.30B	22.36%
2021-12-31	$5.15B	14.22%
2020-12-31	$4.51B	22.53%
2019-12-31	$3.68B	3.78%
2018-12-31	$3.54B	8.88%
2017-12-31	$3.25B	6.48%
2016-12-31	$3.06B	17.90%
2015-12-31	$2.59B	18.35%
2014-12-31	$2.19B	19.45%
2013-12-31	$1.83B	53.63%
2012-12-31	$1.19B	38.60%
2011-12-31	$861.24M	-8.54%
2010-12-31	$941.66M	-2.95%
2009-12-31	$970.31M	-36.29%
2008-12-31	$1.52B	-35.01%
2007-12-31	$2.34B	-32.29%
2006-12-31	$3.46B	15.33%
2005-12-31	$3.00B	47.11%
2004-12-31	$2.04B	38.68%
2003-12-31	$1.47B	31.36%
2002-12-31	$1.12B	50.48%
2001-12-31	$744.17M	42.98%
2000-12-31	$520.47M	52.28%
1999-12-31	$341.79M	33.52%
1998-12-31	$255.98M	71.08%
1997-12-31	$149.63M	6701.34%
1996-12-31	$2.20M	-38.89%
1995-12-31	$3.60M	71.43%
1994-12-31	$2.10M	320.00%
1993-12-31	$500.00K	-

Meritage Homes generated $6.14B in revenue during NA 2023, up -2.55% compared to the previous quarter, and up 173.19% compared to the same period a year ago.

Meritage Homes Revenue by Quarter

Date	Revenue	Change
2024-09-30	$1.59B	-6.67%
2024-06-30	$1.70B	15.41%
2024-03-31	$1.47B	-11.31%
2023-12-31	$1.66B	2.54%
2023-09-30	$1.62B	3.44%
2023-06-30	$1.57B	21.98%
2023-03-31	$1.29B	-35.76%
2022-12-31	$2.00B	26.17%
2022-09-30	$1.59B	11.74%
2022-06-30	$1.42B	9.77%
2022-03-31	$1.29B	-14.19%
2021-12-31	$1.51B	18.96%
2021-09-30	$1.27B	-1.41%
2021-06-30	$1.28B	17.88%
2021-03-31	$1.09B	-23.13%
2020-12-31	$1.42B	23.87%
2020-09-30	$1.14B	10.19%
2020-06-30	$1.04B	14.69%
2020-03-31	$905.59M	-20.77%
2019-12-31	$1.14B	20.54%
2019-09-30	$948.19M	8.69%
2019-06-30	$872.36M	22.12%
2019-03-31	$714.35M	-29.85%
2018-12-31	$1.02B	14.08%
2018-09-30	$892.56M	0.87%
2018-06-30	$884.84M	18.25%
2018-03-31	$748.27M	-21.62%
2017-12-31	$954.67M	17.48%
2017-09-30	$812.63M	0.44%
2017-06-30	$809.09M	19.26%
2017-03-31	$678.44M	-23.62%
2016-12-31	$888.28M	16.85%
2016-09-30	$760.21M	-5.58%
2016-06-30	$805.17M	33.51%
2016-03-31	$603.06M	-23.53%
2015-12-31	$788.66M	16.53%
2015-09-30	$676.81M	12.18%
2015-06-30	$603.30M	15.18%
2015-03-31	$523.79M	-25.76%
2014-12-31	$705.53M	25.47%
2014-09-30	$562.31M	10.18%
2014-06-30	$510.35M	23.74%
2014-03-31	$412.44M	-23.86%
2013-12-31	$541.67M	8.93%
2013-09-30	$497.27M	9.32%
2013-06-30	$454.87M	33.76%
2013-03-31	$340.06M	-6.73%
2012-12-31	$364.59M	6.40%
2012-09-30	$342.64M	21.46%
2012-06-30	$282.10M	38.05%
2012-03-31	$204.35M	-16.93%
2011-12-31	$245.99M	13.08%
2011-09-30	$217.53M	-1.18%
2011-06-30	$220.13M	23.96%
2011-03-31	$177.59M	-17.26%
2010-12-31	$214.64M	-8.19%
2010-09-30	$233.80M	-19.77%
2010-06-30	$291.40M	44.40%
2010-03-31	$201.80M	-29.39%
2009-12-31	$285.82M	23.30%
2009-09-30	$231.82M	4.64%
2009-06-30	$221.54M	-4.15%
2009-03-31	$231.14M	-42.15%
2008-12-31	$399.57M	6.62%
2008-09-30	$374.77M	-0.14%
2008-06-30	$375.30M	0.50%
2008-03-31	$373.43M	-

Meritage Homes generated $1.59B in revenue during Q3 2024, up -6.67% compared to the previous quarter, and up 101.32% compared to the same period a year ago.

Meritage Homes Revenue Breakdown

Meritage Homes Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Land	$56.23M	$61.23M	$25.24M	$17.73M	$45.85M
Real Estate	$6.11B	$6.27B	$5.12B	$4.48B	$3.65B
Financial Service	$25.25M	$23.48M	$21.21M	$19.10M	$16.46M
Home Building	$6.06B	$6.21B	$5.09B	$3.60B	-
Homebuilding Segment	-	-	-	$4.46B	-

Meritage Homes's latest annual revenue breakdown by segment (product or service), as of Dec 23: Real Estate (49.90%), Home Building (49.44%), Land (0.46%), and Financial Service (0.21%).

Quarterly Revenue by Product

Product/Service	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19
Real Estate	$1.59B	$1.69B	$1.47B	$1.65B	$1.61B	$1.57B	$1.28B	$1.99B	$1.58B	$1.29B	$1.50B	$1.26B	$1.28B	$1.08B	$1.41B	$1.14B	$1.03B	$901.01M	$1.14B	-
Financial Service	$8.07M	$8.31M	$6.35M	$7.20M	$6.11M	$6.21M	$5.73M	$7.36M	$6.31M	$2.58M	$4.67M	$5.58M	$5.21M	$5.67M	$4.75M	$5.77M	$4.94M	$4.48M	$3.91M	$4.76M
Home Building	$1.59B	$1.69B	$1.47B	$1.64B	$1.61B	$1.54B	$1.26B	$1.98B	$1.57B	$1.41B	$1.25B	$1.50B	$1.25B	$1.26B	$1.08B	$1.13B	$1.03B	$890.42M	$1.10B	-
Land	$2.67M	-	$2.31M	$11.68M	$2.78M	$24.38M	$17.39M	$7.33M	$8.99M	$3.43M	$41.48M	$12.00K	$8.47M	$12.96M	$3.80M	$777.00K	$4.87M	$1.49M	$10.60M	$33.11M

Meritage Homes's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Real Estate (49.87%), Home Building (49.79%), Financial Service (0.25%), and Land (0.08%).

Meritage Homes Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
TMHC	Taylor Morrison Home	$7.42B	$2.12B
KBH	KB Home	$6.41B	$1.75B
MTH	Meritage Homes	$6.14B	$1.59B
MHO	M/I Homes	$4.03B	$1.06B
TPH	Tri Pointe Homes	$3.72B	$1.13B
CCS	Century Communities	$3.69B	$1.12B
HOV	Hovnanian Enterprises	$2.76B	$722.70M
LGIH	LGI Homes	$2.36B	$1.14B
BZH	Beazer Homes USA	$2.21B	$595.68M

MTH Revenue FAQ

What is Meritage Homes’s yearly revenue?

Meritage Homes's yearly revenue for 2023 was $6.14B, representing a decrease of -2.55% compared to 2022. The company's yearly revenue for 2022 was $6.3B, representing an increase of 22.36% compared to 2021. MTH's yearly revenue for 2021 was $5.15B, representing an increase of 14.22% compared to 2020.

What is Meritage Homes’s quarterly revenue?

Meritage Homes's quarterly revenue for Q3 2024 was $1.59B, a -6.67% decrease from the previous quarter (Q2 2024), and a -2.05% decrease year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $1.7B, a 15.41% increase from the previous quarter (Q1 2024), and a 8.56% increase year-over-year (Q2 2023). MTH's quarterly revenue for Q1 2024 was $1.47B, a -11.31% decrease from the previous quarter (Q4 2023), and a 14.74% increase year-over-year (Q1 2023).

What is Meritage Homes’s revenue growth rate?

Meritage Homes's revenue growth rate for the last 3 years (2021-2023) was 19.24%, and for the last 5 years (2019-2023) was 66.88%.

What are Meritage Homes’s revenue streams?

Meritage Homes's revenue streams in c 23 are Land, Real Estate, Financial Service, and Home Building. Land generated $56.23M in revenue, accounting 0.46% of the company's total revenue, down -8.17% year-over-year. Real Estate generated $6.11B in revenue, accounting 49.90% of the company's total revenue, down -2.48% year-over-year. Financial Service generated $25.25M in revenue, accounting 0.21% of the company's total revenue, up 7.56% year-over-year. Home Building generated $6.06B in revenue, accounting 49.44% of the company's total revenue, down -2.43% year-over-year.

What is Meritage Homes’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Meritage Homes was Real Estate. This segment made a revenue of $6.11B, representing 49.90% of the company's total revenue.