For the year ending 2025-12-31, MTH had $123,602K increase in cash & cash equivalents over the period. $92,566K in free cash flow.
| Cash Flow | 2025-12-31 |
|---|---|
| Net earnings | 453,013 |
| Depreciation and amortization | 25,285 |
| Impairment of real estate | 18,118 |
| Write offs of non-refundable deposits and pre-aquisitions costs | 39,382 |
| Stock-based compensation | 19,683 |
| Loss on early extinguishment of debt | 0 |
| Equity in earnings from unconsolidated entities | 3,973 |
| Distributions of earnings from unconsolidated entities | 4,143 |
| Other | 1,332 |
| Increase in real estate | 274,052 |
| Increase in deposits on real estate under option or contract | 5,708 |
| (increase)/decrease in receivables, prepaids and other assets | 55,265 |
| (decrease)/increase in accounts payable and accrued liabilities | -92,370 |
| Decrease in home sale deposits | -11,300 |
| Net cash provided by/(used in) operating activities | 118,288 |
| Investments in unconsolidated entities | 32,728 |
| Distributions of capital from unconsolidated entities | 500 |
| Purchases of property and equipment | 25,722 |
| Proceeds from sales of property and equipment | 251 |
| Maturities/sales of investments and securities | 1,750 |
| Payments to purchase investments and securities | 1,750 |
| Net cash used in investing activities | -57,699 |
| Repayment of loans payable and other borrowings | 13,005 |
| Repayment of senior notes | 0 |
| Proceeds from issuance of senior and convertible senior notes | 497,195 |
| Payment of debt issuance costs | 5,106 |
| Cashpaidforcappedcall | 0 |
| Payments of dividends | 121,072 |
| Repurchase of shares | 294,999 |
| Net cash provided by/(used in) financing activities | 63,013 |
| Net increase/(decrease) in cash and cash equivalents | 123,602 |
| Cash and cash equivalents at beginning of period | 651,555 |
| Cash and cash equivalents at end of period | 775,157 |
Meritage Homes CORP (MTH)
Meritage Homes CORP (MTH)