For the quarter ending 2026-03-31, MTH had -$8,525K decrease in cash & cash equivalents over the period. $97,001K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net earnings | 55,309 | 84,031 | 99,297 | 269,685 |
| Depreciation and amortization | 5,373 | 6,682 | 5,991 | 12,612 |
| Impairment of real estate | 2,427 | 8,826 | 9,292 | - |
| Write offs of non-refundable deposits and pre-aquisitions costs | 1,373 | 39,382 | - | - |
| Stock-based compensation | 5,860 | 4,903 | 4,858 | 9,922 |
| Loss on early extinguishment of debt | - | 0 | 0 | - |
| Equity in earnings from unconsolidated entities | 656 | 840 | 969 | 2,164 |
| Distributions of earnings from unconsolidated entities | 673 | 411 | 1,616 | 2,116 |
| Other | 2,074 | -17,520 | 11,025 | 7,827 |
| Decrease/(increase) in real estate | -34,049 | -139,172 | 188,607 | 224,617 |
| Decrease/(increase) in deposits on real estate under option or contract | -7,389 | -3,302 | -21,405 | 30,415 |
| Decrease/(increase) in other receivables, prepaids and other assets | -29,018 | -22,575 | 34,576 | 43,264 |
| Decrease in accounts payable and accrued and other liabilities | -43,274 | -47,044 | -24,313 | -21,013 |
| Increase/(decrease) in home sale deposits | 1,694 | -207 | -1,529 | -9,564 |
| Net cash provided by/(used in) operating activities | 101,309 | 243,673 | -96,510 | -28,875 |
| Investments in unconsolidated entities | 3,517 | 11,648 | 11,703 | 9,377 |
| Maturities/sales of investments and securities | - | 0 | 1,000 | 750 |
| Distributions of capital from unconsolidated entities | - | 500 | - | - |
| Purchases of property and equipment | 4,308 | 5,577 | 7,786 | 12,359 |
| Payments to purchase investments and securities | - | 0 | 1,000 | 750 |
| Proceeds from sales of property and equipment | 94 | 67 | 58 | 126 |
| Net cash used in investing activities | -7,731 | -16,658 | -19,431 | -21,610 |
| Repayment of senior notes | - | - | 0 | 0 |
| Repayment of loans payable and other borrowings | 33 | 1,483 | 309 | 11,213 |
| Repayment of senior notes | - | 0 | - | - |
| Proceeds from issuance of senior notes | 0 | 0 | 0 | 497,195 |
| Payment of debt issuance costs | 0 | 0 | 0 | 5,106 |
| Cashpaidforcappedcall | - | 0 | 0 | 0 |
| Proceeds for land under purchase options recorded | 59,947 | - | - | - |
| Dividends paid | 32,017 | 29,313 | 30,275 | 61,484 |
| Repurchase of shares | 130,000 | 149,999 | 55,001 | 89,999 |
| Net cash (used in)/provided by financing activities | -102,103 | -180,795 | -85,585 | 329,393 |
| Net (decrease)/increase in cash and cash equivalents | -8,525 | 46,220 | -201,526 | 278,908 |
| Cash and cash equivalents, beginning of period | 775,157 | 728,937 | 651,555 | - |
| Cash and cash equivalents, end of period | 766,632 | 775,157 | 728,937 | - |
Meritage Homes CORP (MTH)
Meritage Homes CORP (MTH)