Q3 2023 Earnings Conference Call

November 1, 2023 - 8:00 am PDT

Meritage Homes at a Glance

9

States

37

Years in Business

170,000+

Homes Built

Latest Financial Results

3,490

The highest second quarter home closings of 3,490 increased 8% YoY from 3,221 homes in the second quarter of 2022.

$1.5B

The highest second quarter home closing revenue of $1.5 billion increased 10% YoY from $1.4 billion in the second quarter of 2022.

24.4%

Meritage achieved a healthy home closing gross margin rate of 24.4%.

Latest Annual Report

For Fiscal Year Ending Dec 31, 2022

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; 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

Average Community Count by Product Type

2Q23

Orders by Product Type

2Q23

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 2022 - Partner of the year Sustained Excellence
Market Leader Award 2022 Certified Homes
2022 Indoor airPLUS Leader Award Winner
Avid award diamond
Avid award benchmark
Avid award gold

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 9 states.

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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.

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Providing More Than Just Homes

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

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Investor Contact Information

Company

Meritage Homes Corporation
8800 E. Raintree Drive
Suite 300
Scottsdale, AZ 85260
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