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Meritage Homes Corp (NYSE:MTH)
Non-Recurring Items
$6 Mil (TTM As of Jun. 2014)

Non-Recurring Items are the incomes received or expenses incurred by the business that are not from regular operations. Meritage Homes Corp's non-recurring items for the three months ended in Jun. 2014 was $4 Mil. Its non-recurring items for the trailing twelve months (TTM) ended in Jun. 2014 was $6 Mil.

As of today, Meritage Homes Corp's share price is $35.10. Meritage Homes Corp's earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Jun. 2014 was $3.62. Therefore, Meritage Homes Corp's P/E (NRI) ratio for today is 9.70.


Definition

Non-Recurring Items are the incomes received or expenses incurred by the business that are not from regular operations. Examples of NRI include gains (losses) from plant shutdown, lease-breaking fees, lawsuit, write-offs, write-downs, restructuring costs or sales of an investment, discontinued operations etc.

NRI can impact a company’s reported income drastically.

Meritage Homes Corp Non-Recurring Items for the trailing twelve months (TTM) ended in Jun. 2014 was 0.651 (Sep. 2013 ) + 0.883 (Dec. 2013 ) + 0.479 (Mar. 2014 ) + 3.688 (Jun. 2014 ) = $6 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

GuruFocus lists a P/E (NRI), which is the price/earnings before NRI. We believe it more accurately reflects the valuation of the company.

Meritage Homes Corp's P/E (NRI) Ratio for today is calculated as

Meritage Homes Corp's Share Price of today is $35.10.
Meritage Homes Corp's Earnings per Share (NRI) for the trailing twelve months (TTM) ended in Jun. 2014 was 0.98 (Sep. 2013 ) + 1.19 (Dec. 2013 ) + 0.61 (Mar. 2014 ) + 0.84 (Jun. 2014 ) = $3.62.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Net Income, P/E (NRI)


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Meritage Homes Corp Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Non Operating Income 12-632-160-142058-2-1

Meritage Homes Corp Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
Non Operating Income 1-3-55-0-31104
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