[MTH] YoY Quarter Result on 30-Jun-2024 [#Q2]

Stock
[MTH] Meritage Homes Corporation
Announcement Date
26-Jul-2024
Financial Year
2024
Quarter
30-Jun-2024 [#Q2]
Profit Trend
QoQ- 24.48%
YoY- 23.93%
Quarter Report
MTH's Result
MTH's Financial Summary
View:
Show?
Quarter Result
30/06/24 30/06/23 30/06/22 30/06/21 30/06/20 30/06/19 30/06/18 CAGR
Revenue 1,702,049 1,567,815 1,419,041 1,284,581 1,038,626 872,361 884,839 11.50%
PBT 297,361 239,524 331,695 215,651 115,862 67,674 71,185 26.87%
Tax 65,806 52,688 81,611 48,262 25,184 16,846 17,347 24.85%
NP 231,555 186,836 250,084 167,389 90,678 50,828 53,838 27.49%
Tax Rate -22.13% -22.00% -24.60% -22.38% -21.74% -24.89% -24.37% -
Total Cost 1,470,494 1,380,979 1,168,957 1,117,192 947,948 821,533 831,001 9.96%
Ratio Analysis
30/06/24 30/06/23 30/06/22 30/06/21 30/06/20 30/06/19 30/06/18 CAGR
NP Margin 13.60 11.92 17.62 13.03 8.73 5.83 6.08 14.34%
Per Share
30/06/24 30/06/23 30/06/22 30/06/21 30/06/20 30/06/19 30/06/18 CAGR
EPS 6.38 5.08 6.82 4.43 2.41 1.33 1.32 29.99%
EPS Diluted 6.31 5.02 6.77 4.36 2.38 1.31 1.31 29.92%

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.