Meritage Homes CORP

Meritage Homes Corporation is a designer and builder of single-family attached and detached homes, primarily in long-term high-growth markets across the United States. The company focuses on entry-level and first move-up homes. Meritage Homes operates in three principal homebuilding reporting segments: West, Central, and East. These segments cover twelve states: Arizona, California, Colorado, Utah, Tennessee, Texas, Alabama, Florida, Georgia, Mississippi, North Carolina, and South Carolina. In addition to homebuilding, Meritage Homes operates a financial services segment. This segment offers title and escrow, mortgage, and insurance services to its homebuyers. Carefree Title Agency, Inc., a wholly-owned title company, provides title insurance and closing/settlement services in certain states. Meritage Homes Insurance Agency, Inc., a wholly-owned insurance broker, collaborates with insurance companies to offer homeowners insurance and other insurance products. Mortgage services are provided through an unconsolidated joint venture. All homebuilding activities are conducted under the Meritage Homes name. As of December 31, 2025, the company was actively selling homes in 336 communities, with base prices ranging from approximately $161,000 to $1,000,000. For the year ended December 31, 2025, the average sales price on home closings was approximately $384,000, and on orders was approximately $391,000. Meritage Homes Corporation, incorporated in Maryland in 1988, operates as a holding company, with its homebuilding construction, development, and sales activities conducted through its subsidiaries.