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Last Updated: 2026
Meritage Homes image

Meritage Homes

Rank#3537
Market Cap4.17B
CountryUnited States
Summary
History
Mission
Vision
References
Summaryarrow
Meritage Homes Corporation, together with its subsidiaries, designs and builds single-family homes in the United States. The company operates through two segments, Homebuilding and Financial Services. It acquires and develops land; and constructs, markets, and sells homes for first-time and first move-up buyers. The company also offers title insurance and closing/settlement services to its homebuyers. It builds and sells homes in Texas, Arizona, California, Colorado, Florida, North Carolina, South Carolina, Georgia, and Tennessee under the Meritage Homes brand name. Meritage Homes Corporation was founded in 1985 and is based in Scottsdale, Arizona.
Historyarrow

Meritage Homes was founded in 1985 as Monterey Homes in Scottsdale, Arizona, by Steve Hilton and William "Bill" Cleverly.In 1997, the company changed its name to Meritage Homes Corp, and began trading on the New York Stock Exchange under the symbol MTH.In 2011, the company unveiled its first net-zero energy homes, in Buckeye, Arizona.In July 2014, the company acquired Douglasville, Georgia-based Legendary Communities, the owner operator of almost 4,000 home sites, for nearly $130 million.In 2015, the company promoted its Sierra Crest development in Fontana, CA as California's first net-zero energy community.In April 2019, the company built its first all-electric, zero-net-energy townhome community, in Irvine California. In December, the Wall Street Journal reported how large home builders like Meritage were targeting millennials by producing a larger number of less expensive, entry-level homes.

Missionarrow
To design and build homes that are innovative, built with care and superior craftsmanship, which deliver enduring value. To create an exceptional experience for our customers and employees through an environment of growth, collaboration and fun.
Visionarrow
Our vision is to be the premier builder in our industry and the choice for customers who value and appreciate quality, energy efficiency and craftsmanship.
Referencesarrow

https://en.wikipedia.org/wiki/Meritage_Homes_Corporation

https://in.investing.com/equities/meritage-homes-corp

https://finance.yahoo.com/quote/MTH/profile?p=MTH

https://www.comparably.com/companies/meritage-homes/mission

https://www.crunchbase.com/organization/meritage-homes-corporation

https://sec.report/CIK/0000833079

https://companiesmarketcap.com/

https://www.meritagehomes.com

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Leadership team
M
Mr. Steven J. Hilton (Exec. Chairman)
M
Mr. Phillippe Lord (Exec. VP, CEO & Director)
M
Ms. Hilla Sferruzza (CFO & Exec. VP)
Products / Services
Real Estate
Number of Employees
1,000 - 20,000
Address
Scottsdale, Arizona, United States
Established
1985-01-01
Company Registration
SEC CIK number: 0000833079
Net Income
$1B – $20B
Revenue
$1B+
Traded as
MTH
Website
https://www.meritagehomes.com
Social Media
facebookx
Last Updated: 2026
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