Meritage’s Investor Day Webcast Call Part 2

JUN 12, 2024 10:00 AM PDT

Registration is required for the call and can be completed here. The call will last approximately 90 minutes. A replay will be available on the Investor Relations page. 

Meritage Homes at a Glance

10

States

38

Years in Business

180,000+

Homes Built

Latest Financial Results

3,991

Record orders volume of 3,991 homes for the first quarter increased 14% YoY primarily due to higher average absorption pace of 4.9 per month.

25.8%

Home closing gross margin improved 340 bps to 25.8%

43%

Diluted EPS went up 43% YoY from $3.54 to $5.06

Latest Annual Report

For Fiscal Year Ending Dec 31, 2023

For complete information regarding our financials, see our periodic filings

Meritage’s Broad Geographic Footprint

East Bay, Central Valley, Sacramento and Southern CA; Phoenix / Scottsdale and Tucson, AZ; Denver, CO; Salt Lake City, Utah; Dallas / Fort Worth, Austin, San Antonio and Houston, TX; Nashville, TN; Raleigh and Charlotte, NC; Greenville, Charleston and Myrtle Beach, SC; Atlanta, GA; Orlando, Tampa, Jacksonville and South Florida, FL

Average Community Count by Product Type

1Q24

Orders by Product Type

1Q24

Recent Quarterly Results by Region

West Region

Home Closing Revenue (In thousands)

Central Region

Home Closing Revenue (In thousands)

East Region

Home Closing Revenue (In thousands)

West Region

Homes Closed

Central Region

Homes Closed

East Region

Homes Closed

National & Regional Awards

Meritage Homes is a nationally recognized leader in public homebuilding and is a recipient of various national and regional awards.

Energy star award 2023 partner of the year sustained excellence
2023 Market leader for certified homes
Indoor Airplus
20th annual avid awards

Offering Great Homes at Affordable Prices

We are committed to building great homes that are designed with a focus on entry-level and first move-up buyers in hundreds of communities in 10 states.

Learn More

Setting the Bar for Homes of The Future

We’re setting the new standard in home construction and design and leading the way in energy-efficient homes so that families across the U.S. can live better and healthier.

Learn More

Providing More Than Just Homes

Our comprehensive library of buyer resources provides helpful information on home buying, financing, design, energy efficiency, and more.

Learn More

Investor Contact Information

Company

Meritage Homes Corporation
18655 North Claret Drive
Suite 400
Scottsdale, AZ 85255
T: (480) 515-8100

Investor Relations

Emily Tadano
Vice President of Investor Relations and ESG
T: (480) 515-8979
Investors@MeritageHomes.com

Transfer Agent

Computershare
P.O. Box 43006
Providence, RI 02940-3006
T: (800) 851-9677
www.computershare.com