Meritage Homes (FRA:MEY) Total Operating Expense: €512 Mil (TTM As of Mar. 2026)

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FRA:MEY Meritage Homes Corp FRA:MEY
81 GF Score
Price €66.00
GF Value €58.28
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Meritage Homes Total Operating Expense?

Meritage Homes FRA:MEY +2.33% 81 Total Operating Expense is €512 Mil as of Mar. 2026. GuruFocus rates FRA:MEY with a GF Score™ of 81/100 and a GF Value™ of €58.28 (Modestly Overvalued). The stock has 6 warning signs investors should review.

Meritage Homes's Total Operating Expense for the three months ended in Mar. 2026 was €113 Mil. Meritage Homes's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was €512 Mil.

Meritage Homes Total Operating Expense Related Terms

Meritage Homes Total Operating Expense Historical Data

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The historical data trend for Meritage Homes's Total Operating Expense 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.

Meritage Homes Total Operating Expense Chart

Meritage Homes Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 413.16 487.34 565.45 611.13 526.21

Meritage Homes Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Operating Expense 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 140.34 142.20 129.09 127.18 113.21
FRA:MEY
81GF Score
Meritage Homes Corp FRA:MEY
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Meritage Homes Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €512 Mil.

* 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.

What does a Total Operating Expense of €512 Mil mean?
Meritage Homes (FRA:MEY) has a Total Operating Expense of €512 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Meritage Homes and its competitors.
Is Meritage Homes' Total Operating Expense too high?
Meritage Homes' current Total Operating Expense is €512 Mil. Overall, Meritage Homes has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Meritage Homes' Total Operating Expense compare to IBP and SKY?
Meritage Homes' Total Operating Expense of €512 Mil can be compared against companies in the Homebuilding & Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Operating Expense for a Homebuilding & Construction company?
A good Total Operating Expense depends on the Homebuilding & Construction industry context. However, Total Operating Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on Meritage Homes and its competitors. Meritage Homes's current Total Operating Expense is €512 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meritage Homes stock overvalued right now?
Based on GuruFocus' analysis, Meritage Homes (FRA:MEY) is currently considered Modestly Overvalued. The stock's GF Value™ is €58.28, compared to a current price of €66.00 — trading 13.2% above its estimated fair value. The current Total Operating Expense is €512 Mil. Meritage Homes' overall GF Score™ is 81/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For Meritage Homes (FRA:MEY), the current Total Operating Expense is €512 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Meritage Homes (FRA:MEY) Overvalued in 2026?

Based on GuruFocus' analysis, Meritage Homes stock appears to be overvalued. The current stock price of €66.00 is trading 13.2% above its estimated GF Value™ of €58.28. GuruFocus considers Meritage Homes to be Modestly Overvalued.

Key valuation signals for FRA:MEY:

  • Total Operating Expense: €512 Mil
  • GF Value™: €58.28 vs. price of €66.00 (13.2% above fair value)
  • GF Score™: 81/100 with 6 warning signs

No single metric tells the full story. See the FRA:MEY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Meritage Homes Business Description

Other Exchanges MTH:USA
Address 18655 North Claret Drive, Suite 400, Scottsdale, AZ, USA, 85255
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, comprising twelve states: Arizona, California, Colorado, Utah, Tennessee, Texas, Alabama, Florida, Georgia, Mississippi, North Carolina, and South Carolina. 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 offers title and escrow, mortgage, and insurance services. The company generates key revenue from the Homebuilding segment.
81GF Score

Get the complete analysis for FRA:MEY

Total Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€66.00
Price
€58.28
GF Value