About Meritage Homes
Meritage Homes is a company based in Scottsdale (United States) founded in 1985.. The company has 1,900 employees as of December 31, 2024. Meritage Homes has completed 2 acquisitions, including Legendarycom and The Phillips Builders. Meritage Homes offers products and services including Energy-Efficient Homes, Warranty Services, and Home Financing Guide. Meritage Homes operates in a competitive market with competitors including Century Communities, DR Horton, Emcor Group, M/I Homes and Woodside Homes, among others.
- Headquarter Scottsdale, United States
- Employees 1900 as on 31 Dec, 2024
- Stage Public
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Sectors
Real Estate & Construction
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Meritage Homes Corporation
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Annual Revenue
$5.86 B-8.4as on Dec 31, 2025
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Net Profit
$453.01 M-42.38as on Dec 31, 2025
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EBITDA
$562.76 M-42.81as on Dec 31, 2025
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Latest Funding Round
$200 M (USD), Post-IPO
Mar 16, 2018
- Investors
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Employee Count
1900
as on Dec 31, 2024
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Investments & Acquisitions
Legendarycom
& 1 more
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IPO & Listings of Meritage Homes
Meritage Homes is a publicly listed company on the NYSE with ticker symbol MTH in USA, operating in the Consumer durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Meritage Homes
Meritage Homes offers a comprehensive portfolio of products and services, including Energy-Efficient Homes, Warranty Services, and Home Financing Guide. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Builds sustainable residences with advanced insulation and features.
Provides coverage and support for new home defects.
Offers tools and advice for home purchasing processes.
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Sales and Marketing
51 people
Leadership Team
41 people
Finance and Accounting
27 people
Software Development Team
26 people
Construction Team
21 people
Human Resources and Administration
16 people
Senior Team
11 people
Legal and Compliance
10 people
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Funding Insights of Meritage Homes
- Total Funding Total Funding
- Total Rounds 2
- Last Round Post-IPO — $200.0M
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First Round
First Round
(01 Mar 2018)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2018 | Amount | Post-IPO - Meritage Homes | Valuation |
investors |
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| Mar, 2018 | Amount | Debt – Conventional - Meritage Homes | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Meritage Homes
Meritage Homes has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Texas Capital Bank. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Texas Capital Bank is engaged in providing banking and financial services.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Meritage Homes
Meritage Homes has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Legendarycom and The Phillips Builders. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
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Affordable residential communities are developed in Nashville, Tennessee.
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2006 | ||||
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Organic granola, cereal, and fruit blends are produced.
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Meritage Homes
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Meritage Homes Comparisons
Competitors of Meritage Homes
Meritage Homes operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Century Communities, DR Horton, Emcor Group, M/I Homes and Woodside Homes, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Residential homes and communities are developed across the United States.
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| domain | founded_year | HQ Location |
Residential property development services are offered nationwide in the US.
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| domain | founded_year | HQ Location |
Offers mechanical construction, electrical services, energy, and facilities solutions.
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| domain | founded_year | HQ Location |
Residential properties are developed and sold across the United States.
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| domain | founded_year | HQ Location |
Developer of residential properties
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Meritage Homes
Frequently Asked Questions about Meritage Homes
When was Meritage Homes founded?
Meritage Homes was founded in 1985 and raised its 1st funding round 33 years after it was founded.
Where is Meritage Homes located?
Meritage Homes is headquartered in Scottsdale, United States. It is registered at Scottsdale, Arizona, United States.
How many employees does Meritage Homes have?
As of Dec 31, 2024, the latest employee count at Meritage Homes is 1,900.
What is the annual revenue of Meritage Homes?
Annual revenue of Meritage Homes is $5.86B as on Dec 31, 2025.
What does Meritage Homes do?
Meritage Homes was founded in 1985 and is headquartered in Scottsdale, United States. Operations are focused on the real estate sector, where single-family homes and residential communities are constructed and sold. Development activities span multiple markets in the U.S., with emphasis on energy-efficient designs and sustainable building practices. Services include land acquisition, home construction, and sales to individual buyers, supporting growth in suburban and urban areas.
Who are the top competitors of Meritage Homes?
Meritage Homes's top competitors include Century Communities, Darwin Homes and Cardinal Group.
What products or services does Meritage Homes offer?
Meritage Homes offers Energy-Efficient Homes, Warranty Services, and Home Financing Guide.
Is Meritage Homes publicly traded?
Yes, Meritage Homes is publicly traded on NYSE under the ticker symbol MTH.
How many acquisitions has Meritage Homes made?
Meritage Homes has made 2 acquisitions, including Legendarycom, and The Phillips Builders.
Who are Meritage Homes's investors?
Meritage Homes has 1 investor. Key investors include Texas Capital Bank.
What is Meritage Homes's ticker symbol?
The ticker symbol of Meritage Homes is MTH on NYSE.