Meritage Homes Corp. | Income Statement
Fiscal year is January-December. All values USD Millions.
2013
2014
2015
2016
2017
2018
Sales/Revenue
1,821
2,180
2,579
3,042
3,241
3,529
Cost of Goods Sold (COGS) incl. D&A
1,408
1,709
2,086
2,488
2,651
2,868
Gross Income
412
470
494
554
590
660
SG&A Expense
218
261
301
339
346
380
EBIT
182
197
-
199
229
264
Unusual Expense
-
5
-
-
-
2
Non Operating Income/Expense
3
7
1
5
7
6
Interest Expense
15
5
16
5
4
1
Pretax Income
178
208
189
218
248
283
Income Tax
53
66
61
69
104
56
Consolidated Net Income
126
142
129
150
143
227
Net Income
126
142
129
150
143
227
Net Income After Extraordinaries
126
142
129
150
143
227
Net Income Available to Common
126
142
129
150
143
227
EPS (Basic)
3.25
3.46
3.09
3.55
3.41
5.58
Basic Shares Outstanding
36
39
40
40
40
40
EPS (Diluted)
3.25
3.46
3.09
3.55
3.41
5.58
Diluted Shares Outstanding
39
42
42
43
42
41
EBITDA
192
208
206
214
246
291
Other Operating Expense
12
12
1
16
16
16
Equity in Affiliates (Pretax)
13
10
13
19
16
16
Other After Tax Income (Expense)
1
-
-
-
-
-
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