[MTH] YoY Quarter Result on 31-Dec-2023 [#Q4]

Stock
[MTH] Meritage Homes Corporation
Announcement Date
14-Feb-2024
Financial Year
2023
Quarter
31-Dec-2023 [#Q4]
Profit Trend
QoQ- -10.33%
YoY- -24.21%
Quarter Report
MTH's Result
MTH's Financial Summary
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Quarter Result
31/12/23 31/12/22 31/12/21 31/12/20 31/12/19 31/12/18 31/12/17 CAGR
Revenue 1,662,823 2,000,666 1,506,596 1,417,661 1,142,944 1,018,249 954,671 9.68%
PBT 258,869 342,249 311,497 195,365 110,535 91,776 84,090 20.60%
Tax 60,018 79,884 74,037 42,838 6,921 16,291 48,537 3.60%
NP 198,851 262,365 237,460 152,527 103,614 75,485 35,553 33.21%
Tax Rate -23.18% -23.34% -23.77% -21.93% -6.26% -17.75% -57.72% -
Total Cost 1,463,972 1,738,301 1,269,136 1,265,134 1,039,330 942,764 919,118 8.06%
Ratio Analysis
31/12/23 31/12/22 31/12/21 31/12/20 31/12/19 31/12/18 31/12/17 CAGR
NP Margin 11.96 13.11 15.76 10.76 9.07 7.41 3.72 21.47%
Per Share
31/12/23 31/12/22 31/12/21 31/12/20 31/12/19 31/12/18 31/12/17 CAGR
EPS 5.46 7.17 6.36 4.06 2.71 1.93 0.88 35.53%
EPS Diluted 5.38 7.09 6.25 3.97 2.65 1.91 0.87 35.46%

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.