Meritage Homes Corporation
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $775.2M | $651.6M | $921.2M | $861.6M | $618.3M | $745.6M | $319.5M | $311.5M |
| Accounts Receivable | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — |
| Total Current Assets | — | — | — | — | — | — | — | — |
| Property, Plant & Equipment | $46.6M | $47.3M | $49.0M | $38.6M | $37.3M | $38.9M | $50.6M | $54.6M |
| Goodwill | $33.0M | $33.0M | $33.0M | $33.0M | $33.0M | $33.0M | $33.0M | $33.0M |
| Intangible Assets (Excl. Goodwill) | — | — | — | — | — | — | — | — |
| Total Assets | $7.62B | $7.16B | $6.35B | $5.77B | $4.81B | $3.86B | $3.40B | $3.37B |
| Liabilities | ||||||||
| Accounts Payable | — | — | — | — | — | — | — | — |
| Total Current Liabilities | — | — | — | — | — | — | — | — |
| Long-Term Debt | — | — | — | — | — | — | — | — |
| Total Liabilities | $2.43B | $2.02B | $1.74B | $1.82B | $1.76B | $1.52B | $1.42B | $1.64B |
| Stockholders' Equity | ||||||||
| Retained Earnings | $5.19B | $5.00B | $4.32B | $3.62B | $2.63B | $1.89B | $1.47B | $1.22B |
| Total Stockholders' Equity | $5.20B | $5.14B | $4.61B | $3.95B | $3.04B | $2.35B | $1.97B | $1.72B |