Investor Relations

Peer Analysis

Financial Performance MTH Peer Median Peer Average
ROAA 6.16 5.91 7.34
ROAE 12.29 13.22 15.80
Gross Margin 17.90 18.87 19.49
Construction Margin 7.09 8.06 9.31
Financial Services Margin 57.80 39.44 41.04
Total Operating Margin 7.72 9.36 9.56
Homebuilding Growth Ratios (%)
Construction Sales Growth 5.53 13.73 16.07
Construction Gross Profit Growth 6.30 13.17 15.41
Construction Operating Earnings Growth 2.66 13.23 17.02
# of Homes Sold Growth 9.14 12.93 16.11
Change in Average Sale Price NA NA NA
Total Lots Growth (0.52) 9.01 15.17
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 3/31/2019.

Peer financial data is as of 3/31/2019 except for these companies:

Lennar Corporation's financial data is as of 2/28/2019.
Hovnanian Enterprises, Inc.'s financial data is as of 1/31/2019.
KB Home's financial data is as of 2/28/2019.
Toll Brothers, Inc.'s financial data is as of 1/31/2019.
William Lyon Homes's financial data is as of 12/31/2018.