Meritage Homes at a Glance
10
States
37
Years in Business
165,000+
Homes Built
Latest Presentation
View All PresentationsRecent Event
View All EventsFourth Quarter 2022 Earnings Release and Webcast Conference Call
Latest Financial Results
Q4 & FY 2022
Fiscal Year Ended Dec 31, 2022
32%
Home closing revenue increased 32% YoY to a quarterly record of $2.0 billion compared to $1.5 billion in the year prior.
$7.09
Diluted EPS remained strong, with a 13% increase YoY. Strong earnings growth primarily reflected higher home closing volume, as well as a lower outstanding share count in the current quarter.
29%
Home closings reached a quarterly record of 4,540, a 29% YoY increase from 3,526 in the fourth quarter of 2021.
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
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, and Tennessee.
The Company has delivered over 165,000 homes in its 37-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
4Q22
Orders by Product Type
4Q22
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