Investor Relations

Peer Analysis

Financial Performance MTH Peer Median Peer Average
ROAA 5.09 4.61 3.49
ROAE 10.65 10.78 11.21
Gross Margin 17.77 19.34 18.99
Construction Margin 7.42 8.98 9.00
Financial Services Margin 57.29 42.64 43.16
Total Operating Margin 8.07 9.22 9.12
Homebuilding Growth Ratios (%)
Construction Sales Growth 6.20 12.43 10.39
Construction Gross Profit Growth 8.19 14.39 11.45
Construction Operating Earnings Growth 19.00 20.87 15.88
# of Homes Sold Growth 5.44 8.04 7.89
Change in Average Sale Price NA NA NA
Total Lots Growth 8.42 11.64 17.75
Market Ratios
Price/ Earnings NA NA NA
Price/ LTM Earnings NA NA NA
Price/ Book NA NA NA
Dividend Yield NA NA NA
Data for trailing four quarters

Meritage Homes Corporation's peer group consists of the following: Beazer Homes USA, Inc. (BZH), CalAtlantic Group, Inc. (CAA), D.R. Horton, Inc. (DHI), Hovnanian Enterprises, Inc. (HOV), KB Home (KBH), Lennar Corporation (LEN), M.D.C. Holdings, Inc. (MDC), M/I Homes, Inc. (MHO), NVR, Inc. (NVR), PulteGroup, Inc. (PHM), Toll Brothers, Inc. (TOL)

Meritage Homes Corporation's financial data is as of 3/31/2018.

Peer financial data is as of 3/31/2018 except for these companies:

CalAtlantic Group, Inc.'s financial data is as of 12/31/2017.
Lennar Corporation's financial data is as of 5/31/2018.
Hovnanian Enterprises, Inc.'s financial data is as of 4/30/2018.
KB Home's financial data is as of 5/31/2018.
Toll Brothers, Inc.'s financial data is as of 4/30/2018.