Welcome to our dedicated page for Meritage Homes SEC filings (Ticker: MTH), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Meritage Homes Corporation filings document financial results, governance matters, compensation actions and financing arrangements for a public U.S. homebuilder. Results-related Form 8-K filings include operating measures such as homes closed, home closing revenue, average sales prices, orders, backlog, gross margin, earnings and liquidity commentary.
The company’s proxy materials cover board matters, executive compensation, equity awards and shareholder voting items. Other material-event filings address director changes, changes in board size, amendments to credit agreements and related financial obligations, providing formal disclosure around Meritage’s governance structure, capital resources and homebuilding operating model.
Meritage Homes Corporation reported weaker results for the quarter ended June 30, 2026. Home closing revenue was $1,387,911 thousand, down from $1,615,709 thousand a year earlier, with home closing gross profit of $253,613 thousand and a reduced home closing gross margin of 18.3% versus 21.1%. Net earnings declined to $90,630 thousand from $146,879 thousand, with an effective tax rate of 24.8%.
For the first six months of 2026, home closing revenue was $2,495,733 thousand compared with $2,957,813 thousand in 2025, and net earnings were $145,939 thousand versus $269,685 thousand. Softer demand, affordability concerns and higher incentives pressured volume and pricing; Q2 home orders fell to 3,575 from 3,914, the cancellation rate rose to 13% from 10%, and backlog ended at 1,715 homes valued at $661.9 million.
Meritage ended the quarter with $807,267 thousand of cash and cash equivalents and $5,891,978 thousand of real estate assets. Senior and convertible senior notes, net, totaled $1,807,842 thousand, while no borrowings were outstanding under the $980.0 million revolving credit facility, leaving $896.9 million available. Operating cash flow for the first half of 2026 was strong at $290,781 thousand, supporting $230,000 thousand of share repurchases and $63,301 thousand of dividends, as management emphasizes liquidity and margin preservation in a challenging housing market.
Meritage Homes Corporation reported second quarter 2026 results with home closing revenue of $1.4 billion, down 14% from 2025, on 3,725 homes closed and a 4% lower average sales price of $373,000. Home closing gross margin fell to 18.3% from 21.1%, and net earnings declined 38% to $90.6 million, or $1.37 diluted EPS (adjusted diluted EPS $1.42).
Orders decreased 9% to 3,575 homes, while ending backlog slipped to 1,715 homes valued at $661.9 million. Meritage ended June 30, 2026 with $807 million in cash, no borrowings on its revolving credit facility, and a net debt-to-capital ratio of 17.1%. The company returned $131 million to shareholders in the quarter via dividends and $100 million of share repurchases, and refinanced its revolver, increasing capacity to $980 million. Management now expects full-year 2026 home closing volume and revenue to be around 5% below 2025, and notes revenue could be lower if incentives increase.
Meritage Homes Corporation entered into a Twelfth Amendment to its Amended and Restated Credit Agreement, increasing the revolving credit facility size to $980.0 million. The amendment also adjusts key terms of this corporate borrowing arrangement.
The accordion feature was modified to allow the facility size to be raised to $1.470 billion, subject to certain conditions. The maturity date was extended from July 9, 2030 to June 24, 2031, and the reference adjusted SOFR rate was revised.
Meritage Homes Corporation reported the results of its annual stockholder meeting held on May 21, 2026. Stockholders elected six Class I directors, each receiving over 52.8 million votes in favor with relatively low opposition.
Stockholders ratified Deloitte & Touche LLP as independent registered public accounting firm with 58.1 million votes for. They also approved, on an advisory basis, executive compensation and a reduction of the ownership threshold to call a special meeting to 25%, while a separate shareholder proposal to further change special meeting rights did not pass.
Meritage Homes Corp Executive Chairman Steven J. Hilton reported charitable and estate-planning related share transfers rather than market trades. On 2026-05-12, entities associated with him made two bona fide gifts of 11,000 shares of MTH common stock each, for a total of 22,000 shares, at a stated price of $0.0000 per share.
These transfers moved shares within Mr. Hilton’s indirect holdings, including a family trust controlled by him. After the gifts, indirect holdings reported in family trusts and a charitable foundation totaled 830,603 shares, while his direct holdings stood at 21,418 shares. Footnotes note that he disclaims beneficial ownership of certain trust and foundation shares where he has no pecuniary interest.
Meritage Homes executive Alison Sasser, the company’s SVP and Chief Accounting Officer, reported an open-market sale of 1,273 shares of MTH common stock at a weighted average price of $62.11 per share, in transactions ranging from $62.11 to $62.17. After this sale, she directly holds 7,634 common shares.
Meritage Homes Corporation submitted a Form 144 notice reporting proposed and recent dispositions of common stock by an affiliate. The filing lists proposed sales of 804 and 469 Vested Restricted Shares with a 05/13/2026 settlement date for each lot. It also discloses three transfers during the prior three months: 151 shares for $11,576.85, 158 shares for $12,329.33, and 680 shares for $54,012.40, associated with Alison Sasser.
Meritage Homes Corp reports an institutional ownership filing by Vanguard Capital Management. The filing shows 3,390,713 shares beneficially owned, representing 5.08% of the common stock as of 03/31/2026. The filer reports sole voting power over 507,903 shares and sole dispositive power over 3,390,713 shares. The filing is signed on 04/30/2026 by Vanguard Capital Management's Head of Global Fund Administration.
Meritage Homes Corp ownership disclosure: Vanguard Portfolio Management reports beneficial ownership of 4,002,986 shares of common stock, representing 6% of the class. The filer reports sole power to dispose of 4,002,986 shares and sole voting power for 35,550 shares.
Meritage Homes Corporation reported weaker results for the quarter ended March 31, 2026, as a softer housing market and higher incentives reduced profitability. Home closing revenue was $1.1 billion, down 17.5% from 2025, on 13.1% fewer closings and a 5.0% lower average sales price.
Home closing gross margin fell to 17.5% from 22.0%, cutting total closing gross profit to $193.5 million. Net earnings declined to $55.3 million from $122.8 million, with diluted EPS of $0.82. Orders and backlog also decreased in value, though Meritage ended the quarter with a record 345 active communities and maintained strong liquidity, including $766.6 million in cash and no borrowings on its $910.0 million revolver.