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Meritage Homes Publishes Its Annual Sustainability and Corporate Responsibility Data Update

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(Positive)
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Meritage Homes (NYSE: MTH) released its 2025 Sustainability and Corporate Responsibility Data Update, featuring TCFD metrics and a SASB index, and announced a shift to biannual comprehensive ESG reporting with concise annual data updates in interim years.

According to Meritage Homes, the company has delivered about 156,000 ENERGY STAR certified homes since 2009, including nearly 14,500 in 2025. The average 2025 HERS Index score improved to 48, indicating homes were 52% more energy-efficient than a typical 2006-built home. Meritage enhanced scope 1–2 greenhouse gas inventory accuracy using unit-level data, priced 93% of 2025 homes below FHA loan limits, and achieved a customer satisfaction AvidCX rating of 95.9% versus a 90.2% peer average.

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Positive

  • 156,000 ENERGY STAR homes delivered from 2009–2025, including nearly 14,500 in 2025
  • Average 2025 HERS Index score of 48, indicating 52% greater energy efficiency vs. 2006 baseline home
  • Enhanced scope 1–2 greenhouse gas inventory accuracy using unit-level data from a representative sample
  • 93% of 2025 homes priced below FHA loan limits, supporting affordability positioning
  • Customer satisfaction AvidCX rating of 95.9%, exceeding 90.2% peer average

Negative

  • None.

Market Context

-4.23% was MTH's 24-hour reaction to its quarterly dividend announcement, illustrating a mixed platf...
Analysis

-4.23% was MTH's 24-hour reaction to its quarterly dividend announcement, illustrating a mixed platform backdrop. This update adds sustainability metrics, while recent Q2 earnings weakness remains the key sourced risk to monitor.

Key Figures

ENERGY STAR certified homes: approximately 156,000 homes Latest-year certified homes: nearly 14,500 homes Average HERS Index: 48 +4 more
7 metrics
ENERGY STAR certified homes approximately 156,000 homes Delivered from 2009 to 2025
Latest-year certified homes nearly 14,500 homes Delivered in 2025
Average HERS Index 48 2025 homes
Energy efficiency improvement 52% More energy-efficient than a typical 2006 home
Homes below FHA limits 93% Homes delivered in 2025
Customer satisfaction rating 95.9% AvidCX rating, versus 90.2% peer average
Peer satisfaction average 90.2% Comparison benchmark for AvidCX rating

Historical Context

5 past events · Latest: Aug 20 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Aug 20 Quarterly dividend Positive -4.2% Board declared a $0.48 per-share quarterly cash dividend
Jul 29 Q2 earnings report Negative -1.1% Revenue, margins, earnings, orders, and backlog declined year over year
Jun 29 Board appointment Neutral -0.6% Meritage CFO Hilla Sferruzza joined Frontdoor's board and audit committee
Jun 11 Earnings call scheduling Neutral +1.2% Company scheduled release and webcast for second-quarter 2026 results
Jun 01 Leadership appointment Neutral -0.7% Dream Finders Homes appointed Clint Szubinski chief operating officer

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

The five-event record was mixed: a positive dividend announcement was followed by -4.23%, while negative Q2 earnings results were followed by -1.12%.

Key Terms

tcfd metrics, sasb index, scope 1-2
3 terms
tcfd metrics regulatory
"including Task Force on Climate-related Financial Disclosures (TCFD) metrics"
Quantitative indicators recommended by the Task Force on Climate-related Financial Disclosures (TCFD) that companies use to measure and report climate-related risks, greenhouse gas emissions, targets, and the financial effects of climate scenarios. They let investors see and compare how exposed and prepared a company is for climate change, like a set of gauges on a dashboard showing fuel use, engine stress, and projected range so investors can assess operational and financial resilience.
sasb index regulatory
"and the Sustainability Accounting Standards Board (SASB) index"
An SASB index is a stock index that ranks or selects companies based on how their financial disclosures and performance align with the Sustainability Accounting Standards Board (SASB) materiality framework for industry-specific environmental, social and governance (ESG) topics. Think of it as a checklist-driven leaderboard that highlights firms whose sustainability issues are most relevant to their finances; investors use such indexes to compare or track companies on ESG risks and opportunities that could affect long-term value.
scope 1-2 technical
"greenhouse gas emissions inventory related to scopes 1-2"
Greenhouse gas 'Scope 1-2' refers to the two categories of emissions tied to a company's operations: Scope 1 covers direct emissions the company controls (like fuel burned in company vehicles or on-site boilers), and Scope 2 covers indirect emissions from the electricity, heat or steam the company buys. Together they show how much a company's core operations rely on fossil fuels or carbon-intensive energy; investors use them like a car's fuel-efficiency reading to compare operational carbon intensity and potential regulatory, cost or reputational risks.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SCOTTSDALE, Ariz., Aug. 25, 2026 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH, “Meritage” or the “Company”), the fifth-largest homebuilder in the U.S., today published its 2025 Sustainability and Corporate Responsibility Data Update (the “2025 S&CR Data Update”), providing key performance data for the past year, including Task Force on Climate-related Financial Disclosures (TCFD) metrics and the Sustainability Accounting Standards Board (SASB) index, while outlining an updated approach to future reporting.

Beginning this year, Meritage is transitioning to providing our comprehensive sustainability and corporate responsibility reports biannually, while still publishing a concise annual data update in interim years to ensure stakeholders maintain current visibility. This shift reflects a continued focus on transparency while acknowledging that our core business procedures and processes do not typically change materially year to year.

“Our approach to sustainability and corporate responsibility is embedded in everything we do as a company. Our reporting will continue to provide our stakeholders the same data that we have provided over the last several years as we share meaningful insight into our efforts, impact, and alignment with established reporting frameworks,” offered Phillippe Lord, CEO of Meritage Homes.

Key highlights from Meritage’s 2025 S&CR Data Update include:

  • Delivered approximately 156,000 ENERGY STAR® certified homes from 2009 to 2025, including nearly 14,500 homes for the latest year.
  • Improved average HERS Index energy efficiency score to 48, indicating the homes delivered by Meritage in 2025 were 52% more energy-efficient than a typical home built in 2006.
  • Enhanced the accuracy of greenhouse gas emissions inventory related to scopes 1-2 by using unit-level data from a representative sample of completed homes.
  • Priced 93% of homes delivered in 2025 below FHA loan limits, supporting affordable homeownership.
  • Achieved a customer satisfaction AvidCX rating of 95.9%, exceeding the peer average of 90.2%.

Meritage’s 2025 S&CR Data Update and the related statistics in excel format can be found in full here.

About Meritage Homes Corporation

Meritage is the fifth-largest public homebuilder in the United States, based on homes closed in 2025. The Company offers energy-efficient and affordable entry-level and first move-up homes. Operations span across Arizona, California, Colorado, Utah, Tennessee, Texas, Alabama, Florida, Georgia, Mississippi, North Carolina, and South Carolina.

Meritage has delivered over 210,000 homes in its 41-year history, and has a reputation for its distinctive style, quality construction, and award-winning customer experience. The Company is an industry leader in energy-efficient homebuilding, an eleven-time recipient of the U.S. Environmental Protection Agency’s (EPA) ENERGY STAR® Partner of the Year for Sustained Excellence Award and Residential New Construction Market Leader Award, as well as a four-time recipient of the EPA's Indoor airPLUS Leader Award.

For more information, visit www.meritagehomes.com.

Contact:
Emily Tadano, VP Investor Relations and External Communications
(480) 515-8979
investors@meritagehomes.com


FAQ

What did Meritage Homes (MTH) announce in its 2025 Sustainability and Corporate Responsibility Data Update?

Meritage Homes announced its 2025 Sustainability and Corporate Responsibility Data Update, highlighting energy efficiency, affordability, emissions data, and customer satisfaction metrics. According to Meritage Homes, the update includes TCFD metrics, a SASB index, and an updated biannual reporting approach with interim annual data updates.

How many ENERGY STAR homes did Meritage Homes (MTH) deliver through 2025?

Meritage Homes reports delivering approximately 156,000 ENERGY STAR certified homes from 2009 through 2025. According to Meritage Homes, this total includes nearly 14,500 ENERGY STAR homes delivered in 2025 alone, underscoring the company’s long-term focus on energy-efficient home construction across its communities.

What is the 2025 HERS Index score reported by Meritage Homes (MTH)?

Meritage Homes reported an average HERS Index score of 48 for homes delivered in 2025. According to Meritage Homes, this score indicates the company’s 2025 homes were about 52% more energy-efficient than a typical home built in 2006, reflecting its energy performance focus.

How is Meritage Homes (MTH) changing its sustainability reporting frequency?

Meritage Homes is moving to biannual comprehensive sustainability and corporate responsibility reports, with annual data updates in interim years. According to Meritage Homes, this approach maintains stakeholder visibility while recognizing that its core business processes typically do not change materially year over year.

What affordability metrics did Meritage Homes (MTH) disclose for 2025?

Meritage Homes disclosed that 93% of homes delivered in 2025 were priced below FHA loan limits. According to Meritage Homes, this pricing profile supports more affordable homeownership options for buyers, aligning its product offering with widely used federal mortgage thresholds.

What customer satisfaction rating did Meritage Homes (MTH) achieve in 2025?

Meritage Homes achieved a 2025 customer satisfaction AvidCX rating of 95.9%, above the 90.2% peer average. According to Meritage Homes, this score indicates comparatively strong customer feedback for its delivered homes and service experience during the reported period.

How did Meritage Homes (MTH) improve its greenhouse gas emissions reporting in 2025?

Meritage Homes improved the accuracy of its scope 1–2 greenhouse gas inventory by using unit-level data. According to Meritage Homes, this unit-level approach relied on a representative sample of completed homes, aiming to strengthen precision in its reported operational emissions metrics.