Meritage Corporation (MTH) Peer Comparison
$71.06
As on 28-Aug-2026 16:00EDT
Market cap
$4,672 Mln
Revenue (TTM)
$5,455 Mln
P/E Ratio
14.8
P/B Ratio
0.9
Div. Yield
2.6 %
| Meritage Corporation (MTH) | Skyline Corporation (SKY) | Cavco Industries Inc. When Issued (CVCO) | M/I Homes (MHO) | Green Brick Partners Inc (GRBK) | |
|---|---|---|---|---|---|
Market cap ($ Mln) |
4,672 | 4,883 | 4,479 | 3,852 | 3,048 |
Revenue ($ Mln) |
5,455 | 2,673 | 2,298 | 4,263 | 1,953 |
Net Profit ($ Mln) |
329.27 | 191.37 | 181.18 | 317.36 | 291.33 |
Net Margin (%) |
6.04 | 7.16 | 7.89 | 7.44 | 14.92 |
RoE (%) |
6.42 | 11.63 | 16.47 | 9.93 | 13.96 |
Price to Earnings |
14.78 | 27.09 | 25.12 | 12.79 | 10.74 |
Price-To-Book |
0.92 | 3.20 | 4.00 | 1.17 | 1.59 |
Income Statement ($ Mln)
| Meritage Corporation (MTH) | Skyline Corporation (SKY) | Cavco Industries Inc. When Issued (CVCO) | M/I Homes (MHO) | Green Brick Partners Inc (GRBK) | |
|---|---|---|---|---|---|
|
Operating Revenue
|
5,454.74 | 2,672.56 | 2,297.61 | 4,263.06 | 1,952.55 |
|
Cost of Revenue
|
4,415.45 | 1,978.80 | 1,765.64 | 3,344.51 | 1,343.73 |
|
Gross Profit
|
1,153.64 | 649.67 | 465.59 | 1,017.20 | 635.70 |
|
Operating Expenses
|
575.50 | 460.24 | 311.01 | 518.57 | 228.06 |
|
Operating Profit (EBIT)
|
455.79 | 233.52 | 220.97 | 399.98 | 380.77 |
|
Other Income
|
0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
|
Profit before Tax
|
424.47 | 254.78 | 235.19 | 414.11 | 403.48 |
|
Provision for Tax
|
95.20 | 56.07 | 54.01 | 96.75 | 88.61 |
|
Profit after Tax (Net Income)
|
329.27 | 191.37 | 181.18 | 317.36 | 291.33 |
|
Minority Interest
|
0.00 | -7.35 | 0.00 | 0.00 | -23.54 |
|
Consolidated Profit
|
183.33 | 112.54 | 0.00 | 170.46 | 0.00 |
Liabilities ($ Mln)
| Meritage Corporation (MTH) | Skyline Corporation (SKY) | Cavco Industries Inc. When Issued (CVCO) | M/I Homes (MHO) | Green Brick Partners Inc (GRBK) | |
|---|---|---|---|---|---|
|
Shareholder's Funds
|
5,057.94 | 1,572.57 | 1,110.40 | 3,227.42 | 1,977.43 |
|
Minority Interest
|
0.00 | -7.35 | 0.00 | 0.00 | -23.54 |
|
Non-Current Liabilities
|
1,847.38 | 103.88 | 55.39 | 1,384.13 | 308.37 |
|
Current Liabilities
|
649.62 | 471.10 | 375.66 | 244.49 | 279.04 |
|
Total Liabilities
|
7,652.60 | 2,110.41 | 1,406.65 | 4,777.13 | 2,536.89 |
Assets ($ Mln)
| Meritage Corporation (MTH) | Skyline Corporation (SKY) | Cavco Industries Inc. When Issued (CVCO) | M/I Homes (MHO) | Green Brick Partners Inc (GRBK) | |
|---|---|---|---|---|---|
|
Non-Current Assets
|
382.61 | 857.65 | 704.25 | 161.02 | 149.48 |
|
Current Assets
|
7,172.32 | 1,289.92 | 837.20 | 962.90 | 2,312.11 |
|
Total Assets
|
7,622.29 | 2,110.41 | 1,406.65 | 4,777.13 | 2,536.89 |
|
Total Debt*
|
1,847.38 | 123.17 | 39.79 | 1,003.04 | 314.54 |
|
Net Current Assets
|
6,678.38 | 818.81 | 0.00 | 4,189.25 | 2,199.48 |
Cashflow ($ Mln)
| Meritage Corporation (MTH) | Skyline Corporation (SKY) | Cavco Industries Inc. When Issued (CVCO) | M/I Homes (MHO) | Green Brick Partners Inc (GRBK) | |
|---|---|---|---|---|---|
|
Cash From Operating Activities
|
118.29 | 240.86 | 178.50 | 130.34 | 213.24 |
|
Cash Flow from Investing Activities
|
-57.70 | -46.16 | -23.96 | -59.74 | -43.55 |
|
Cash from Financing Activities
|
63.01 | -73.04 | -147.95 | -202.98 | -138.40 |
|
Net Cash Inflow / Outflow
|
-- | -- | -- | -- | -- |
Ratios
Profitability Ratios
| Meritage Corporation (MTH) | Skyline Corporation (SKY) | Cavco Industries Inc. When Issued (CVCO) | M/I Homes (MHO) | Green Brick Partners Inc (GRBK) | |
|---|---|---|---|---|---|
|
ROCE (%)
|
6.65 | 12.08 | 15.70 | 9.79 | 15.04 |
|
ROE (%)
|
6.42 | 11.63 | 16.47 | 9.93 | 13.96 |
|
ROA (%)
|
4.02 | 7.31 | 8.80 | 9.48 | 11.02 |
|
EBIT Margin (%)
|
8.81 | 9.81 | 10.14 | 9.07 | 20.66 |
|
Net Margin (%)
|
6.04 | 7.16 | 7.89 | 7.44 | 14.92 |
|
Cash Profit Margin (%)
|
0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Growth Ratios
| Meritage Corporation (MTH) | Skyline Corporation (SKY) | Cavco Industries Inc. When Issued (CVCO) | M/I Homes (MHO) | Green Brick Partners Inc (GRBK) | |
|---|---|---|---|---|---|
|
Revenue Growth (%)
|
-12.25 | 4.52 | 9.69 | -4.87 | -8.66 |
|
EBIT Growth (%)
|
-41.71 | -9.11 | 0.00 | -41.91 | -15.15 |
|
Net Profit Growth (%)
|
-48.42 | -11.94 | -3.76 | -37.94 | -16.75 |
|
EPS Growth (%)
|
-45.34 | -9.07 | -0.64 | -34.74 | -14.91 |
|
Book Value Growth (%)
|
3.36 | 4.27 | 7.72 | 10.63 | 16.05 |
Valuation Ratios
| Meritage Corporation (MTH) | Skyline Corporation (SKY) | Cavco Industries Inc. When Issued (CVCO) | M/I Homes (MHO) | Green Brick Partners Inc (GRBK) | |
|---|---|---|---|---|---|
|
Price / Earnings
|
10.14 | 27.73 | 24.67 | 8.51 | 8.71 |
|
Price / Book Value
|
0.88 | 3.56 | 3.96 | 1.08 | 1.47 |
|
Dividend Yield (%)
|
-- | -- | -- | -- | -- |
|
EV/EBITDA
|
9.36 | 16.28 | 16.85 | 6.76 | 6.48 |
|
Market Cap ($ Cr)
|
-- | -- | -- | -- | -- |
Solvency Ratios
| Meritage Corporation (MTH) | Skyline Corporation (SKY) | Cavco Industries Inc. When Issued (CVCO) | M/I Homes (MHO) | Green Brick Partners Inc (GRBK) | |
|---|---|---|---|---|---|
|
Debt to Equity
|
0.37 | 0.01 | 0.00 | 0.29 | 0.13 |
|
Short term debt to equity ratio
|
0.00 | 0.07 | 0.01 | 0.00 | 0.00 |
|
Current Ratio
|
11.04 | 2.74 | 2.23 | 3.94 | 8.29 |
|
Quick Ratio
|
1.71 | 1.97 | 1.41 | 3.01 | 0.79 |
|
Interest Coverage
|
101.18 | 33.29 | 222.67 | 6.16 | -- |
Operating Efficiency Ratios
| Meritage Corporation (MTH) | Skyline Corporation (SKY) | Cavco Industries Inc. When Issued (CVCO) | M/I Homes (MHO) | Green Brick Partners Inc (GRBK) | |
|---|---|---|---|---|---|
|
Debtors to sales (%)
|
5.57 | 3.55 | 7.85 | 0.00 | 2.05 |
|
Asset Turnover
|
0.67 | 1.02 | 1.12 | 1.27 | 0.74 |
|
Receivable days
|
17.56 | 10.94 | 29.83 | -- | 4.82 |
|
Inventory Days
|
456.38 | 67.66 | 58.21 | 343.77 | 524.99 |
|
Payable days
|
16.09 | 11.55 | 8.33 | 20.40 | 20.06 |
|
Cash Conversion Cycle
|
457.85 | 67.05 | 79.71 | -- | 509.75 |