Meritage Homes Q4 Revenue at $1.43B, Below Consensus
Reports Q4 revenue $1.43B, consensus $1.49B. Orders of 3,224 for the fourth quarter decreased 2%. "Despite a challenging economic backdrop, Meritage wrapped up 2025 with full year sales orders of 14,650 homes, consistent with prior year. This performance reflected our push to open new communities and capitalize on our strategy of having readily available inventory in all of our stores. Our strong broker engagement was also a key differentiator, enabling us to achieve a better absorption pace than current broader market trends. We believe our affordable price points and move-in ready homes offer certainty to buyers experiencing concerns about the outlook of their personal finances and a housing market impacted by persistent affordability challenges," said Steven J. Hilton, executive chairman of Meritage Homes. "Even as we anticipate ongoing near-term noise in the market, we expect our 15% year-over-year community count growth in 2025 to position us to continue to capture market share when demand improves."
