Meritage Homes Corporation alongside its associated companies focuses on the design and construction of singlefamily residences throughout the United States The enterprise operates primarily through two distinct divisions home construction and financial services Its core business involves acquiring and developing land followed by the building marketing and selling of homes predominantly targeting firsttime buyers and those seeking their initial upgrade Furthermore the company provides its homebuyers with crucial services such as title insurance and support for closing and settlement processes Meritage Homes constructs and sells properties under its own brand name across a wide geographic footprint including Texas Arizona California Colorado Florida North Carolina South Carolina Georgia and Tennessee The company was established in 1985 and has its corporate headquarters situated in Scottsdale Arizona
Financial Ratios (TTM)
Gross Margin
18.68%
Operating Margin
8.08%
Net Margin
6.86%
ROA
5.10%
Price to Book
1.00
Price to Sales
0.90
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