Meritage Income Tax Expense from 2010 to 2024

MTH Stock  USD 156.10  1.49  0.96%   
Meritage's Income Tax Expense is increasing with very volatile movements from year to year. Income Tax Expense is estimated to finish at about -200.1 M this year. For the period between 2010 and 2024, Meritage, Income Tax Expense quarterly trend regression had mean deviation of  92,112,080 and range of 507.8 M. View All Fundamentals
 
Income Tax Expense  
First Reported
1989-03-31
Previous Quarter
65.8 M
Current Value
54 M
Quarterly Volatility
26.9 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Meritage financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Meritage's main balance sheet or income statement drivers, such as Interest Expense of 0.0, Total Revenue of 6.4 B or Gross Profit of 1.6 B, as well as many indicators such as Price To Sales Ratio of 0.99, Dividend Yield of 0.0068 or PTB Ratio of 1.02. Meritage financial statements analysis is a perfect complement when working with Meritage Valuation or Volatility modules.
  
Check out the analysis of Meritage Correlation against competitors.
For more detail on how to invest in Meritage Stock please use our How to Invest in Meritage guide.

Latest Meritage's Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of Meritage over the last few years. It is Meritage's Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Meritage's overall financial position and show how it may be relating to other accounts over time.
Income Tax Expense10 Years Trend
Very volatile
   Income Tax Expense   
       Timeline  

Meritage Income Tax Expense Regression Statistics

Arithmetic Mean39,586,340
Geometric Mean60,199,407
Coefficient Of Variation335.47
Mean Deviation92,112,080
Median55,922,000
Standard Deviation132,799,026
Sample Variance17635.6T
Range507.8M
R-Value0.0005
Mean Square Error18992.2T
R-Squared0.00000025
Significance1.00
Slope14,842
Total Sum of Squares246898.1T

Meritage Income Tax Expense History

2024-200.1 M
2023-210.7 M
2022297.1 M
2021217.4 M
2020110.1 M
201953.3 M
201855.9 M

About Meritage Financial Statements

Investors use fundamental indicators, such as Meritage's Income Tax Expense, to determine how well the company is positioned to perform in the future. Although Meritage's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Income Tax Expense-210.7 M-200.1 M

Currently Active Assets on Macroaxis

When determining whether Meritage offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Meritage's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Meritage Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Meritage Stock:
Check out the analysis of Meritage Correlation against competitors.
For more detail on how to invest in Meritage Stock please use our How to Invest in Meritage guide.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is Household Durables space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Meritage. If investors know Meritage will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Meritage listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.11)
Dividend Share
2.52
Earnings Share
22.1
Revenue Per Share
177.112
Quarterly Revenue Growth
(0.01)
The market value of Meritage is measured differently than its book value, which is the value of Meritage that is recorded on the company's balance sheet. Investors also form their own opinion of Meritage's value that differs from its market value or its book value, called intrinsic value, which is Meritage's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Meritage's market value can be influenced by many factors that don't directly affect Meritage's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Meritage's value and its price as these two are different measures arrived at by different means. Investors typically determine if Meritage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Meritage's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.