Meritage Homes Corporation is classed by the SEC under Operative Builders (industry code 1531), based in Scottsdale, AZ. Its latest filed balance sheet (2025-12-31) shows total assets of $7.6 billion (its filed statements).
Project businessOperative BuildersScottsdale, AZfilings since 19944 of 9 filed, 5 estimated
Three tenses, nine metrics. Unseen metrics stay unseen; the grade never fakes a number. Proxy era: provisional values, marked. Weighed as a project business: prior from its industry code (SEC 1531, Operative Builders); the filing read can change it. All three tenses have at least two readings, so the archetype blend applies as printed.
The grade, in three tenses
Headline 5.7 out of ten, 4 of 9 metrics filed and 5 estimated: past 6.5 out of ten, present 5.0 out of ten, future 5.5 out of ten. The past asks what it actually did, the present what it is doing right now, the future what it is set up to do next.
The nine metrics
Surviving crises (past): 7.5 out of ten. No warning events in its filings since 2017. 75th percentile among 18 sector filers. A production reading, recomputed from the filings on every data build (read from EDGAR 2026-10-12).
Track record (past): 5.6 out of ten. CrossAssetData estimate 5.6/10, confidence 20 of 100 (family median). 50th percentile among 17 sector filers. A CrossAssetData estimate, not a filed reading: family median, confidence 20 of 100; its next annual report on file with the inputs replaces this estimate with the filed reading.
Shareholder treatment (past): 6.8 out of ten. Share count shrank 1.3% a year. 100% of cash flow returned. Insiders: 22 sales, 0 purchases. 68th percentile among 18 sector filers. A production reading, recomputed from the filings on every data build (read from EDGAR 2026-10-12).
Financial health (present): 5.3 out of ten. ROE 9%: 9¢ of profit per shareholder dollar. Leverage 32%: owes 32¢ per asset dollar. 53rd percentile among 18 sector filers. A production reading, recomputed from the filings on every data build (read from EDGAR 2026-10-12).
Industry position (present): 5.9 out of ten. CrossAssetData estimate 5.9/10, confidence 20 of 100 (family median). 50th percentile among 17 sector filers. A CrossAssetData estimate, not a filed reading: family median, confidence 20 of 100; its next annual report on file with the inputs replaces this estimate with the filed reading.
Leadership (present): 2.6 out of ten. bottom 26% of 15 in its family for leadership; chief executive since 2021. 26th percentile among 15 sector filers. A production reading, recomputed from the filings on every data build (read from EDGAR 2026-10-09).
Room to expand (future): 7.2 out of ten. CrossAssetData estimate 7.2/10, confidence 35 of 100 (one part). 72nd percentile among 18 sector filers. A CrossAssetData estimate, not a filed reading: one part, confidence 35 of 100; a filing that carries the missing parts replaces this estimate with the filed reading.
Growth drivers (future): 4.8 out of ten. CrossAssetData estimate 4.8/10, confidence 20 of 100 (family median). 50th percentile among 17 sector filers. A CrossAssetData estimate, not a filed reading: family median, confidence 20 of 100; its next annual report on file with the inputs replaces this estimate with the filed reading.
Expectations vs reality (future): 4.4 out of ten. CrossAssetData estimate 4.4/10, confidence 20 of 100 (family median). 50th percentile among 16 sector filers. A CrossAssetData estimate, not a filed reading: family median, confidence 20 of 100; its next annual report on file with the inputs replaces this estimate with the filed reading.
The filing record
Newest annual report: Form 10-K filed 2026-02-13 for the period ended 2025-12-31 (on EDGAR). Newest quarterly report: Form 10-Q filed 2026-07-31 for the period ended 2026-06-30 (on EDGAR). Newest results release: Form 8-K filed 2026-07-29 (on EDGAR). Newest filing: Form 8-K, 2026-08-25. Filings on record since 1994. Read from EDGAR 2026-10-12.
Who runs it
Lord, Phillippe (Chief Executive Officer); Hilton, Steven J (Executive Chairman); Sferruzza, Hilla (EVP- Chief Financial Officer); Sasser, Alison (SVP - Chief Accounting Officer); Feliciano, Javier (EVP Chief People Officer); Clinton, Malissia (EVP - Gen. Counsel, Secretary); Woffinden, Austin M (EVP, Corp. Ops & Strategy); Ax, Peter L (director); Bradford, Dana (director); Caldera, Louis E (director); and 7 more. 17 officers and directors have filed their own trades in the last fifteen months, names and titles as filed with the SEC, through 2026-09-30.
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