Meritage Homes's EBIT per Share for the
three
months ended in Mar. 2024 was $6.36.
Its EBIT per Share for the trailing twelve months (TTM) ended in Mar. 2024 was $27.52.
During the past 12 months, the average EBIT per Share Growth Rate of Meritage Homes was -29.80% per year.
During the past 3 years, the average EBIT per Share Growth Rate was 21.00% per year.
During the past 5 years, the average EBIT per Share Growth Rate was 38.90% per year.
During the past 10 years, the average EBIT per Share Growth Rate was 23.20% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBIT per Share growth rate using EBIT per Share data.
The historical rank and industry rank for Meritage Homes's EBIT per Share or its related term are showing as below:
MTH'
s 3-Year EBIT Growth Rate Range Over the Past 10 Years
Min: -77.1 Med: 35.9 Max: 268.4
Current: 21
During the past 13 years, the highest 3-Year average EBIT per Share Growth Rate of Meritage Homes was 268.40% per year. The lowest was -77.10% per year. And the median was 35.90% per year.
MTH's 3-Year EBIT Growth Rate is ranked better than 65.17% of 89
companies
in the Homebuilding & Construction industry
Industry Median: 12.9
vs MTH: 21.00
Meritage Homes's EBIT for the
three
months ended in Mar. 2024 was $234 Mil.
Meritage Homes EBIT per Share Historical Data
The historical data trend for Meritage Homes's EBIT per Share 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.
EBIT per Share for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $27.52
* 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 (NYSE:MTH) EBIT per Share Explanation
EBIT is a company's earnings before interest and tax expenses are deducted. It measures a company's profit generates from operating, ignoring tax burden and capital structure. As the tax expense are not deducted, EBIT is helpful when comparing companies in the same industry but with different tax situations. Also, the interest expense are included in EBIT, making it useful to compare companies that have high interest expenses due to large amount of debt.
Meritage Homes EBIT per Share Related Terms
Thank you for viewing the detailed overview of Meritage Homes's EBIT per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Meritage Homes (Meritage Homes) Business Description
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.
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