Investor Relations

Peer Analysis

Financial Performance MTH Peer Median Peer Average
ROAA 6.75 6.35 7.81
ROAE 13.63 13.92 17.50
Gross Margin 18.10 19.00 19.66
Construction Margin 7.42 8.26 9.56
Financial Services Margin 57.43 38.80 42.33
Total Operating Margin 8.04 9.41 9.85
Homebuilding Growth Ratios (%)
Construction Sales Growth 8.88 16.18 18.58
Construction Gross Profit Growth 10.93 17.87 19.49
Construction Operating Earnings Growth 11.57 22.70 25.04
# of Homes Sold Growth 10.66 11.53 16.87
Change in Average Sale Price (1.45) 4.07 2.09
Total Lots Growth 0.68 15.65 21.37
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), Century Communities, Inc. (CCS), D.R. Horton, Inc. (DHI), Hovnanian Enterprises, Inc. (HOV), KB Home (KBH), Lennar Corporation (LEN), LGI Homes, Inc. (LGIH), M.D.C. Holdings, Inc. (MDC), M/I Homes, Inc. (MHO), NVR, Inc. (NVR), PulteGroup, Inc. (PHM), Taylor Morrison Home Corporation (TMHC), Toll Brothers, Inc. (TOL), TRI Pointe Group, Inc. (TPH), William Lyon Homes (WLH)

Meritage Homes Corporation's financial data is as of 12/31/2018.

Peer financial data is as of 12/31/2018 except for these companies:

Lennar Corporation's financial data is as of 11/30/2018.
Hovnanian Enterprises, Inc.'s financial data is as of 1/31/2019.
KB Home's financial data is as of 11/30/2018.
Toll Brothers, Inc.'s financial data is as of 1/31/2019.