Meritage Homes at a Glance
10
States
36
Years in Business
155,000+
Homes Built
Latest Presentation
View All PresentationsUpcoming Event
View All EventsThird Quarter 2022 Earnings Release and Webcast Conference Call
Latest Financial Results
Q2 2022
Quarter Ended Jun 30, 2022
31.6%
Home closing gross margin improved 430 bps YoY to a record high of 31.6% in the second quarter of 2022 from 27.3% in the prior year.
303
We achieved our 300 community goal, ending June 2022 with 303 communities, which was up 34% YoY, and 13% sequentially.
$6.77
Diluted EPS increased by 55% compared to prior year resulting from pricing power, expanded gross margin, and improved overhead leverage, combined with a lower outstanding share count in the current quarter.
Latest Annual Report
For Fiscal Year Ending Dec 31, 2021
Report Links
For complete information regarding our financials, see our periodic filings
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Broad Footprint in Growing Markets
East Bay, Central Valley, Sacramento and Southern CA; Phoenix / Scottsdale and Tucson, AZ; Denver, CO; 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 and South Florida, FL; Salt Lake City, UT
A Renowned Leader in Energy-efficient Homebuilding
Meritage Homes is the seventh-largest public homebuilder in the United States, based on homes closed in 2021. Meritage offers a variety of homes that are designed with a focus on entry-level and first move-up buyers. Operations span Arizona, California, Colorado, Texas, Florida, Georgia, North Carolina, South Carolina, Tennessee and Utah.
The Company has delivered over 155,000 homes in its 36-year history, and has a reputation for its distinctive style, quality construction, and award-winning customer experience. Meritage is the industry leader in energy-efficient homebuilding and an eight-time recipient of the U.S. Environmental Protection Agency's ENERGY STAR® Partner of the Year for Sustained Excellence Award since 2013 for innovation and industry leadership in energy efficient homebuilding.
Average Community Count by Product Type
2Q22
Orders by Product Type
2Q22
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
Investor Contact Information
Company
Meritage Homes Corporation
8800 E. Raintree Drive
Suite 300
Scottsdale, AZ 85260
T: (480) 515-8100
Contact.Center@MeritageHomes.com
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