Homebuilding was the largest of Meritage Homes CORP’s 3 reported lines in fiscal 2025, at $2.10B — 97% of $2.16B.
| Product and Service | FY 2016 | FY 2017 | FY 2017 | FY 2017 | FY 2017 | FY 2018 | FY 2018 | FY 2018 | FY 2018 | FY 2019 | FY 2019 | FY 2019 | FY 2019 | FY 2020 | FY 2020 | FY 2020 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Homebuilding | $1.84B | $2.11B | $2.02B | $2.10B | ||||||||||||||||||
| Real Estate | — | — | — | — | ||||||||||||||||||
| Land | $10.66M | $91.55M | $22.33M | $30.22M | ||||||||||||||||||
| Financial Service | — | $25.25M | $31.16M | $33.20M | ||||||||||||||||||
| Total | $1.85B | $2.22B | $2.07B | $2.16B |
In fiscal 2025, which ended December 31, 2025, the 3 revenue lines Meritage Homes CORP reported in this breakdown added up to $2.16B. That is less than the $5.76B in its breakdown by segment, so these revenue lines do not account for all of its revenue that year. Homebuilding was the largest revenue line, at $2.10B or 97.1% of the total, followed by Financial Service ($33.20M, 1.5%) and Land ($30.22M, 1.4%). Together, the two largest revenue lines made up 98.6% of this total.
The table also keeps 1 revenue line that Meritage Homes CORP no longer reports, so earlier years can still be read on their original basis; use "Show 1 discontinued" beneath the table to see them. This breakdown covers 22 fiscal years between 2016 and 2025, as reported in Meritage Homes CORP's annual filings.
East was the largest of Meritage Homes CORP’s 3 reported lines in fiscal 2025, at $2.10B — 36% of $5.76B.
| Segment | FY 2014 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| West | — | $2.11B | — | $1.83B | ||||||
| East | $2.60M | $1.94B | $2.10B | $2.10B | ||||||
| Central | $1.84B | $2.01B | $6.02M | $1.84B | ||||||
| Total | $1.84B | $6.06B | $2.11B | $5.76B |
In fiscal 2025, which ended December 31, 2025, the 3 segments Meritage Homes CORP reported in this breakdown added up to $5.76B. The segments reported changed from fiscal 2024, so the total is not directly comparable with the $2.11B reported that year. East was the largest segment, at $2.10B or 36.4% of the total, followed by Central ($1.84B, 31.8%) and West ($1.83B, 31.7%). Together, the two largest segments made up 68.3% of this total.
Compared with fiscal 2024, Central grew the fastest, rising 30,408.4% to $1.84B. East fell the most, down 0.2% to $2.10B. Because segments were added or dropped between the two years, part of this reflects how Meritage Homes CORP regrouped its reporting.
This breakdown covers 10 fiscal years between 2014 and 2025, as reported in Meritage Homes CORP's annual filings.
West was the largest of Meritage Homes CORP’s 3 reported lines in fiscal 2012, at $600.23M — 50% of $1.19B.
| Geography | FY 2010 | FY 2011 | FY 2012 |
|---|---|---|---|
| West | $368.14M | $366.27M | $600.23M |
| Central | $489.05M | $395.64M | $392.68M |
| East | $84.47M | $99.34M | $200.77M |
| Total | $941.66M | $861.24M | $1.19B |
In fiscal 2012, which ended December 31, 2012, the 3 regions Meritage Homes CORP reported in this breakdown added up to $1.19B. That was up 38.6% from $861.24M in fiscal 2011. West was the largest region, at $600.23M or 50.3% of the total, followed by Central ($392.68M, 32.9%) and East ($200.77M, 16.8%). Together, the two largest regions made up 83.2% of this total.
Compared with fiscal 2011, East grew the fastest, rising 102.1% to $200.77M. Central fell the most, down 0.7% to $392.68M. Over fiscal 2010 to 2012, revenue across these regions went from $941.66M to $1.19B, a compound annual growth rate of 12.6%. West's share of the total rose from 39.1% to 50.3% over the same years.
This breakdown covers every fiscal year from 2010 to 2012, as reported in Meritage Homes CORP's annual filings.
Meritage Homes CORP (MTH) breaks its revenue down by revenue line, segment and region. In fiscal 2025, its largest revenue line was Homebuilding, with $2.10B or 97.1% of the total, followed by Financial Service at $33.20M (1.5%).
Homebuilding was Meritage Homes CORP's largest revenue line in fiscal 2025, with $2.10B in revenue, 97.1% of the $2.16B reported across its 3 revenue lines.
East was Meritage Homes CORP's largest segment in fiscal 2025, with $2.10B in revenue, 36.4% of the $5.76B reported across its 3 segments.
West was Meritage Homes CORP's largest region in fiscal 2012, with $600.23M in revenue, 50.3% of the $1.19B reported across its 3 regions.
Of the Meritage Homes CORP regions reported in both fiscal 2011 and fiscal 2012, and making up at least 2% of the total, East grew the fastest, rising 102.1% from $99.34M to $200.77M.
Every figure is taken from Meritage Homes CORP's annual financial filings and shown as reported: each line keeps the name the company gives it, years follow its own fiscal calendar, and lines it has stopped reporting stay in the table for the years they were reported.
The breakdown by revenue line covers fiscal 2016 to 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.