Meritage Homes Corp.
Company Overview
Meritage Homes Corporation is one of the largest public homebuilders in the United States. The company designs, builds, and sells single-family homes for entry-level and first move-up buyers. Founded in 1985, Meritage Homes operates in various markets across Texas, Arizona, California, Colorado, Florida, Georgia, North Carolina, South Carolina, Tennessee, and Utah.
The company focuses on energy-efficient home construction and has been an industry leader in energy-efficient building practices. Meritage was the first national builder to make all their homes Energy Star certified and has received multiple awards for their energy-efficient designs.
Use of Interest
| Reporting Date | Total Revenue | Total Operating Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| Sept. 30, 2024 | $1.6b | $1.36b | - | - | 0.00% | 0.00% |
| June 30, 2024 | $1.7b | $1.42b | - | $631000.0 | 0.00% | 0.04% |
| March 31, 2024 | $1.47b | $1.25b | - | - | 0.00% | 0.00% |
Company Impact
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