Detail akcie Meritage Homes online

Business Summary: Meritage Homes Corporation is a designer and builder of single-family attached and detached homes. The Company’s segments include homebuilding and financial services. The homebuilding segment is engaged in the business of acquiring and developing land, constructing homes, marketing and selling those homes and providing warranty and customer services. It has operations in three regions: West, Central and East, which are comprised of 12 states: Arizona, California, Colorado, Utah, Texas, Alabama, Florida, Georgia, Mississippi, North Carolina, South Carolina, and Tennessee. These three regions are its principal homebuilding segments. The financial services segment offers title and escrow, mortgage, and insurance services. Its financial services operations also provide mortgage services to its homebuyers through an unconsolidated joint venture. The Company’s homebuilding activities are conducted under the name of Meritage Homes in each of its homebuilding markets.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2024, Meritage Homes Corp revenues increased 4% to $6.4B. Net income increased 6% to $786.2M. Revenues reflect Financial services Revenue segment increase of 23% to $31.2M. Net income benefited from General and administrative expenses decrease of less than 1% to $230.9M (expense), Loss on early extinguishment of debt decrease of 30% to $631K (expense).