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Meritage Homes (Meritage Homes) FCF Yield % : 4.59 (As of May. 02, 2024)


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What is Meritage Homes FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, Meritage Homes's Trailing 12-Month Free Cash Flow is $277 Mil, and Market Cap is $6,049 Mil. Therefore, Meritage Homes's FCF Yield % for today is 4.59%.

The historical rank and industry rank for Meritage Homes's FCF Yield % or its related term are showing as below:

MTH' s FCF Yield % Range Over the Past 10 Years
Min: -20.98   Med: -3.11   Max: 26.86
Current: 4.59


During the past 13 years, the highest FCF Yield % of Meritage Homes was 26.86%. The lowest was -20.98%. And the median was -3.11%.

MTH's FCF Yield % is ranked better than
63.81% of 105 companies
in the Homebuilding & Construction industry
Industry Median: 1.7 vs MTH: 4.59

Meritage Homes's FCF Margin % for the quarter that ended in Mar. 2024 was 5.15%.


Meritage Homes FCF Yield % Historical Data

The historical data trend for Meritage Homes's FCF Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Meritage Homes FCF Yield % Chart

Meritage Homes Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
FCF Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.81 16.43 -3.90 11.22 5.00

Meritage Homes Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
FCF Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.77 16.76 8.44 -7.03 4.75

Competitive Comparison of Meritage Homes's FCF Yield %

For the Residential Construction subindustry, Meritage Homes's FCF Yield %, along with its competitors' market caps and FCF Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Meritage Homes's FCF Yield % Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Meritage Homes's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Meritage Homes's FCF Yield % falls into.



Meritage Homes FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

Meritage Homes's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=317.38 / 6345.235
=5.00%

Meritage Homes's annualized FCF Yield % for the quarter that ended in Mar. 2024 is calculated as

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=75.672 * 4 / 6372.53174
=4.75%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Meritage Homes FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.


Meritage Homes FCF Yield % Related Terms

Thank you for viewing the detailed overview of Meritage Homes's FCF Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Meritage Homes (Meritage Homes) Business Description

Traded in Other Exchanges
Address
8800 East Raintree Drive, Suite 300, Scottsdale, AZ, USA, 85260
Meritage Homes Corp is engaged as a designer and builder of single-family attached and detached homes. It has operations in three regions: West, Central, and East, which are comprised of ten states: Arizona, California, Colorado, Texas, Florida, Georgia, North Carolina, South Carolina, Tennessee, and Utah. The company operates with two principal business segments; homebuilding and financial services. The homebuilding segments are engaged in the business of acquiring and developing land, constructing homes, marketing and selling those homes and providing warranty and customer services and the financial services segment offer title and escrow, mortgage, and insurance services. The company generates key revenue from the homebuilding segment.
Executives
Phillippe Lord officer: EXECUTIVE VICE PRESIDENT 8800 EAST RAINTREE DRIVE, SUITE 300, SCOTTSDALE AZ 85260
Peter L Ax director
Alison Sasser officer: SVP - Chief Accounting Officer 8800 E RAINTREE DRIVE, SUITE 300, SCOTTSDALE AZ 85260
Hilla Sferruzza officer: Chief Accounting Officer 8800 EAST RAINTREE DRIVE, SUITE 300, SCOTTSDALE AZ 85260
Javier Feliciano officer: EVP Chief Human Resources Off 8800 EAST RAINTREE DRIVE, SUITE 300, SCOTTSDALE AZ 85260
Dennis V Arriola director 162 CANCO ROAD, PORTLAND ME 04103
R. Odell Michael director 3111 WEST ALLEGHENY AVENUE, PHILADELPHIA PA 19130
Gerald W Haddock director C/O ENSCO, 5847 SAN FELIPE, HOUSTON TX 77057
Raymond Oppel director
Steven J Hilton officer: Chief Executive Officer 6613 N SCOTTSDALE RD, SCOTTSDALE AZ 85250
Clinton Szubinski officer: EVP - Chief Operating Officer 8800 E RAINTREE DRIVE, SCOTTSDALE AZ 85260
Malissia Clinton officer: EVP - Gen. Counsel, Secretary 333 THREE D SYSTEMS CIRCLE, ROCK HILL SC 29730
Louis E Caldera director C/O BELO CORP, PO BOX 655237, DALLAS TX 75265-5237
C Timothy White officer: EVP - Gen. Counsel, Secretary
Dana Bradford director BALLANTYNE OF OMAHA INC, 4350 MCKINLEY STREET, OMAHA NE 68112