Meritage Historical Income Statement

MTH Stock

USD 154.10 2.00 1.28%

Historical analysis of Meritage income statement accounts such as Other Operating Expenses of 5.1 B can show how well Meritage performed in making a profits. Evaluating Meritage income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Meritage's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Meritage latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Meritage is a good buy for the upcoming year.

Net Income Gross Profit

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Meritage. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

For more detail on how to invest in Meritage Stock please use our How to Invest in Meritage guide.

About Meritage Income Statement Analysis

Meritage Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Meritage shareholders. The income statement also shows Meritage investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Meritage Income Statement Chart

As of now, Meritage's Operating Income is increasing as compared to previous years. The Meritage's current EBIT is estimated to increase to about 1.3 B, while Interest Expense is projected to decrease to 0.00.

Total Revenue Gross Profit Operating Income Net Income

Total Revenue

Total revenue comprises all receipts Meritage generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Meritage minus its cost of goods sold. It is profit before Meritage operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Operating Income

Operating Income is the amount of profit realized from Meritage operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Meritage is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Meritage financial statement analysis. It represents the amount of money remaining after all of Meritage operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most accounts from Meritage's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Meritage current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Meritage. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

For more detail on how to invest in Meritage Stock please use our How to Invest in Meritage guide.As of now, Meritage's Operating Income is increasing as compared to previous years. The Meritage's current EBIT is estimated to increase to about 1.3 B, while Interest Expense is projected to decrease to 0.00.

	2021	2022	2023	2024 (projected)
Gross Profit	1.4B	1.8B	1.5B	1.6B
Total Revenue	5.1B	6.3B	6.1B	6.4B

Gross Profit Total Revenue

Meritage income statement Correlations

	Interest Expense	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Total Operating Expenses	Net Income	Income Tax Expense	Depreciation And Amortization	Selling General Administrative	Cost Of Revenue	Income Before Tax	Total Other Income Expense Net	Selling And Marketing Expenses	Net Income From Continuing Ops	Non Operating Income Net Other	Tax Provision	Net Interest Income	Reconciled Depreciation
Interest Expense		-0.62	-0.6	-0.61	-0.58	-0.58	-0.59	-0.39	-0.58	-0.14	-0.5	-0.53	-0.63	-0.61	0.45	-0.66	-0.57	-0.34	-0.49	-0.56	-0.54
Total Revenue	-0.62		0.97	0.99	0.93	0.93	0.94	0.63	0.93	0.04	0.77	0.92	1.0	0.93	-0.78	0.9	0.94	0.08	0.79	0.75	0.75
Gross Profit	-0.6	0.97		0.94	0.98	0.98	0.98	0.58	0.99	0.1	0.68	0.87	0.95	0.99	-0.79	0.85	0.99	-0.05	0.89	0.8	0.7
Other Operating Expenses	-0.61	0.99	0.94		0.88	0.88	0.89	0.69	0.89	0.08	0.82	0.93	1.0	0.89	-0.74	0.91	0.89	0.14	0.74	0.71	0.77
Operating Income	-0.58	0.93	0.98	0.88		1.0	1.0	0.39	0.98	-0.07	0.54	0.8	0.9	0.98	-0.83	0.77	0.99	-0.09	0.89	0.81	0.65
Ebit	-0.58	0.93	0.98	0.88	1.0		1.0	0.39	0.98	-0.06	0.54	0.8	0.91	0.98	-0.83	0.78	0.99	-0.09	0.89	0.81	0.65
Ebitda	-0.59	0.94	0.98	0.89	1.0	1.0		0.41	0.98	-0.05	0.56	0.81	0.91	0.98	-0.83	0.78	0.99	-0.08	0.89	0.81	0.66
Total Operating Expenses	-0.39	0.63	0.58	0.69	0.39	0.39	0.41		0.51	0.69	0.85	0.72	0.63	0.53	-0.23	0.72	0.49	0.15	0.46	0.33	0.56
Net Income	-0.58	0.93	0.99	0.89	0.98	0.98	0.98	0.51		0.1	0.61	0.82	0.9	1.0	-0.8	0.79	1.0	-0.12	0.92	0.8	0.68
Income Tax Expense	-0.14	0.04	0.1	0.08	-0.07	-0.06	-0.05	0.69	0.1		0.3	0.13	0.02	0.13	0.22	0.15	0.05	-0.02	0.22	-0.01	0.04
Depreciation And Amortization	-0.5	0.77	0.68	0.82	0.54	0.54	0.56	0.85	0.61	0.3		0.87	0.79	0.61	-0.47	0.88	0.6	0.28	0.48	0.47	0.83
Selling General Administrative	-0.53	0.92	0.87	0.93	0.8	0.8	0.81	0.72	0.82	0.13	0.87		0.92	0.82	-0.65	0.97	0.82	0.1	0.75	0.64	0.68
Cost Of Revenue	-0.63	1.0	0.95	1.0	0.9	0.91	0.91	0.63	0.9	0.02	0.79	0.92		0.9	-0.77	0.91	0.91	0.13	0.75	0.73	0.76
Income Before Tax	-0.61	0.93	0.99	0.89	0.98	0.98	0.98	0.53	1.0	0.13	0.61	0.82	0.9		-0.79	0.8	0.99	-0.09	0.93	0.81	0.66
Total Other Income Expense Net	0.45	-0.78	-0.79	-0.74	-0.83	-0.83	-0.83	-0.23	-0.8	0.22	-0.47	-0.65	-0.77	-0.79		-0.66	-0.81	-0.06	-0.7	-0.69	-0.65
Selling And Marketing Expenses	-0.66	0.9	0.85	0.91	0.77	0.78	0.78	0.72	0.79	0.15	0.88	0.97	0.91	0.8	-0.66		0.79	0.18	0.74	0.64	0.71
Net Income From Continuing Ops	-0.57	0.94	0.99	0.89	0.99	0.99	0.99	0.49	1.0	0.05	0.6	0.82	0.91	0.99	-0.81	0.79		-0.12	0.91	0.81	0.68
Non Operating Income Net Other	-0.34	0.08	-0.05	0.14	-0.09	-0.09	-0.08	0.15	-0.12	-0.02	0.28	0.1	0.13	-0.09	-0.06	0.18	-0.12		-0.22	0.13	0.24
Tax Provision	-0.49	0.79	0.89	0.74	0.89	0.89	0.89	0.46	0.92	0.22	0.48	0.75	0.75	0.93	-0.7	0.74	0.91	-0.22		0.77	0.45
Net Interest Income	-0.56	0.75	0.8	0.71	0.81	0.81	0.81	0.33	0.8	-0.01	0.47	0.64	0.73	0.81	-0.69	0.64	0.81	0.13	0.77		0.55
Reconciled Depreciation	-0.54	0.75	0.7	0.77	0.65	0.65	0.66	0.56	0.68	0.04	0.83	0.68	0.76	0.66	-0.65	0.71	0.68	0.24	0.45	0.55

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Meritage Account Relationship Matchups

Meritage income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Interest Expense	3.9M	785K	8.4M	2.2M	318K	41K
Total Revenue	3.7B	4.5B	5.1B	6.3B	6.1B	6.4B
Gross Profit	700.2M	976.0M	1.4B	1.8B	1.5B	1.6B
Other Operating Expenses	3.4B	4.0B	4.2B	5.0B	4.8B	5.1B
Operating Income	317.0M	535.7M	973.3M	1.3B	1.3B	1.3B
Ebit	317.0M	535.7M	973.3M	1.3B	1.3B	1.3B
Ebitda	344.9M	566.8M	999.6M	1.3B	1.3B	1.3B
Total Operating Expenses	392.8M	446.9M	466.9M	516.3M	231.7M	190.7M
Net Income	249.7M	423.5M	737.4M	992.2M	738.7M	775.7M
Income Tax Expense	53.3M	110.1M	217.4M	297.1M	(210.7M)	(200.1M)
Depreciation And Amortization	27.9M	31.1M	26.2M	24.7M	25.3M	15.5M
Selling General Administrative	146.1M	159.0M	181.4M	193.0M	231.7M	139.5M
Cost Of Revenue	3.0B	3.5B	3.7B	4.5B	4.6B	4.8B
Income Before Tax	302.9M	533.6M	954.8M	1.3B	949.4M	996.9M
Total Other Income Expense Net	(14.0M)	(287.8M)	(13.6M)	(290.7M)	(321.0M)	(304.9M)
Net Income Applicable To Common Shares	249.7M	423.5M	737.4M	992.2M	1.1B	1.2B
Selling And Marketing Expenses	246.7M	287.9M	285.4M	323.3M	384.9M	220.3M
Net Income From Continuing Ops	249.7M	423.5M	737.4M	992.2M	802.3M	842.4M
Non Operating Income Net Other	3.9M	6.7M	(13.3M)	2.7M	3.1M	3.0M
Tax Provision	53.3M	110.1M	217.4M	297.1M	230.5M	146.4M
Net Interest Income	(785K)	(8.4M)	(2.2M)	(318K)	(41K)	0.0
Reconciled Depreciation	27.9M	31.1M	26.2M	24.7M	24.8M	28.0M

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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:

How To Invest In Meritage

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Is Meritage Stock a good investment?

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What is Meritage's Net Worth?

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Largest Household Durables Companies

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Largest Consumer Durables & Apparel Companies

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For more detail on how to invest in Meritage Stock please use our How to Invest in Meritage guide.

You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

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.

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Meritage Historical Income Statement

About Meritage Income Statement Analysis

Meritage Income Statement Chart

Total Revenue

Gross Profit

Operating Income

Net Income

Meritage income statement Correlations

Meritage Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Meritage income statement Accounts

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Cost Of Revenue	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Other Operating Expenses
Ebit	+ 1.0	Operating Income
Ebitda	+ 1.0	Operating Income
Ebitda	+ 1.0	Ebit
Income Before Tax	+ 1.0	Net Income

Total Other Income Expense Net	- 0.83	Ebitda
Total Other Income Expense Net	- 0.83	Ebit
Total Other Income Expense Net	- 0.83	Operating Income
Net Income From Continuing Ops	- 0.81	Total Other Income Expense Net
Total Other Income Expense Net	- 0.8	Net Income
Total Other Income Expense Net	- 0.79	Income Before Tax