Homebuilding was Meritage Homes’s largest product and service line in fiscal 2025, bringing in $2.10B of $2.16B (97%).
| 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 |
Meritage Homes brought in $2.16B from its three product and service lines in fiscal 2025, the year ended December 31, 2025. That is less than the $5.76B it reports by segment, so these lines do not cover all of its revenue. Homebuilding was the largest at $2.10B (97.1%), ahead of Financial Service at $33.20M (1.5%) and Land at $30.22M (1.4%).
East was Meritage Homes’s largest segment in fiscal 2025, bringing in $2.10B of $5.76B (36%).
| 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 |
Meritage Homes brought in $5.76B from its three segments in fiscal 2025, the year ended December 31, 2025. Meritage Homes regrouped these segments after fiscal 2024, so the total does not compare directly with that year's $2.11B. East was the largest at $2.10B (36.4%), ahead of Central at $1.84B (31.8%) and West at $1.83B (31.7%).
Compared with fiscal 2024, Central grew 30,408.4% to $1.84B, while East fell 0.2% to $2.10B.
West was Meritage Homes’s largest region in fiscal 2012, bringing in $600.23M of $1.19B (50%).
| 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 |
Meritage Homes brought in $1.19B from its three regions in fiscal 2012, the year ended December 31, 2012. That was up 38.6% from $861.24M in fiscal 2011. West was the largest at $600.23M (50.3%), ahead of Central at $392.68M (32.9%) and East at $200.77M (16.8%).
Compared with fiscal 2011, East grew fastest, up 102.1% to $200.77M, while Central fell the most, down 0.7% to $392.68M. From fiscal 2010 to 2012, combined revenue from these regions grew 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%.
Meritage Homes (MTH) reports its revenue by product and service, by segment and by geography. In fiscal 2025, Homebuilding was its largest product and service line, bringing in $2.10B (97.1% of the total), followed by Financial Service at $33.20M (1.5%).
Homebuilding was Meritage Homes' largest product and service line in fiscal 2025, bringing in $2.10B, or 97.1% of the $2.16B total across its three product and service lines.
East was Meritage Homes' largest segment in fiscal 2025, bringing in $2.10B, or 36.4% of the $5.76B total across its three segments.
West was Meritage Homes' largest region in fiscal 2012, bringing in $600.23M, or 50.3% of the $1.19B total across its three regions.
Among Meritage Homes' regions that make up at least 2% of revenue, East grew fastest in fiscal 2012, up 102.1% from $99.34M to $200.77M.
Every figure comes from Meritage Homes' annual financial filings, as reported. Each line keeps the name Meritage Homes gives it, and years follow its fiscal calendar.
Meritage Homes' revenue by product and service goes back to fiscal 2016, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.