Meritage Homes Stock
€116.00
Your prediction
Meritage Homes Stock
Pros and Cons of Meritage Homes in the next few years
Pros
Cons
Performance of Meritage Homes vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| Meritage Homes | -1.680% | - | - | - | - | - | - |
| Pulte Group Inc. | -3.070% | 1.868% | 0.137% | 85.785% | 71.341% | 92.263% | 213.562% |
| MDC Holdings Inc. | -1.000% | -0.488% | -3.774% | - | - | - | - |
| KB Home | -4.480% | 0.110% | 1.085% | 64.114% | 52.795% | 31.149% | 114.272% |
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The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.The financial performance of Meritage Homes, a company in the Homebuilding & Construction Supplies industry, appears to be on a positive trajectory. Based on the provided balance sheets, cash flow statements, and income statements, the company has experienced growth in various financial aspects, such as total assets, total revenue, and net income, over the analyzed period. However, it is always essential to have a comprehensive understanding of a company's financials, considering both the pros and cons, to form a more informed opinion.
Increasing Total Assets and Stockholder Equity: From 2020 to 2022, Meritage Homes' total assets increased from $3,864,398,000 to $5,772,101,000, which is a remarkable growth of almost 50%. The total stockholder equity also saw a significant boost, increasing from $2,347,868,000 in 2020 to $3,949,611,000 in 2022.
Higher Revenue and Net Income: The company's total revenue showed impressive growth, with an increase from $4,506,305,000 in 2020 to $6,298,154,000 in 2022. Furthermore, the net income exhibited a more than twofold increase during the same timeframe, from $423,475,000 in 2020 to $992,192,000 in 2022.