[MTH] QoQ Quarter Result on 31-Mar-2023 [#Q1]

Stock
[MTH] Meritage Homes Corporation
Announcement Date
28-Apr-2023
Financial Year
2023
Quarter
31-Mar-2023 [#Q1]
Profit Trend
QoQ- -49.95%
YoY- -39.56%
Quarter Report
MTH's Result
MTH's Financial Summary
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Quarter Result
31/12/23 30/09/23 30/06/23 31/03/23 31/12/22 30/09/22 30/06/22 CAGR
Revenue 1,662,823 1,621,671 1,567,815 1,285,298 2,000,666 1,585,667 1,419,041 11.11%
PBT 258,869 285,734 239,524 165,303 342,249 329,491 331,695 -15.19%
Tax 60,018 63,974 52,688 34,002 79,884 67,002 81,611 -18.47%
NP 198,851 221,760 186,836 131,301 262,365 262,489 250,084 -14.13%
Tax Rate -23.18% -22.39% -22.00% -20.57% -23.34% -20.34% -24.60% -
Total Cost 1,463,972 1,399,911 1,380,979 1,153,997 1,738,301 1,323,178 1,168,957 16.13%
Ratio Analysis
31/12/23 30/09/23 30/06/23 31/03/23 31/12/22 30/09/22 30/06/22 CAGR
NP Margin 11.96 13.67 11.92 10.22 13.11 16.55 17.62 -22.70%
Per Share
31/12/23 30/09/23 30/06/23 31/03/23 31/12/22 30/09/22 30/06/22 CAGR
EPS 5.46 6.06 5.08 3.58 7.17 7.18 6.82 -13.74%
EPS Diluted 5.38 5.98 5.02 3.54 7.09 7.10 6.77 -14.16%

PBT = Profit before Tax, NP = Net Profit, NP Margin = Net Profit Margin, EPS = Earning Per Share, EPS Diluted = Earning Per Share Diluted.

NP Margin, QoQ ⃤ & YoY ⃤ figures in Percentage; EPS & EPS Diluted figures in Cent.

All figures in '000 unless specified.