Meritage Homes Corporation
Cash Flow Statement
| Line Item | Jun 2026 | Mar 2026 | Sep 2025 | Jun 2025 | Mar 2025 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $90.6M | $55.3M | $99.3M | $146.9M | $122.8M | $196.0M | $231.6M | $186.0M |
| Depreciation & Amortization | — | $5.4M | — | — | $5.9M | — | — | $6.0M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | — | $5.9M | — | — | $6.3M | — | — | $6.1M |
| Net Cash from Operating Activities | $189.5M | $101.3M | $-96.5M | $13.7M | $-42.6M | $-92.0M | $-117.9M | $81.9M |
| Investing Activities | ||||||||
| Capital Expenditures | $5.6M | $4.3M | $7.8M | $6.8M | $5.6M | $8.0M | $6.9M | $6.3M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | — | $-7.7M | — | — | $-11.4M | — | — | $-7.8M |
| Financing Activities | ||||||||
| Dividends Paid | — | $32.0M | — | — | $30.9M | — | — | $27.2M |
| Stock Repurchases | — | $130.0M | — | — | $45.0M | — | — | $55.9M |
| Net Cash from Financing Activities | — | $-102.1M | — | — | $414.1M | — | — | $-90.1M |
| Net Change in Cash | — | $-8.5M | — | — | $360.1M | — | — | $-15.9M |
| Free Cash Flow | $183.9M | $97.0M | $-104.3M | $6.9M | $-48.2M | $-100.0M | $-124.8M | $75.7M |