Meritage Homes's Income per employee fell in the second quarter 2026 on a trailing twelve month basis to $ 177,025, below the company average number of $224,287. The Capital Goods sector has seen employees of 9 other companies achieving higher income per employee. While Meritage Homes's total ranking has deteriorated compared to the previous quarter from 569 to 570.
Meritage Homes Corporation, the fifth-largest homebuilder in the U.S., recently announced the completion of its offering and sale of $575 million aggregate principal amount of 1.75% Convertible Senior Notes due 2028. This amount includes the exercise in full by the initial purchasers of their option to purchase up to an additional $75 million aggregate principal amount of notes. In the first quarter of 2024, Meritage Homes saw a significant income increase of 41.67% compared to the same period last year, bringing the cumulative value to $793 million. With a total of 1,409 employees, the company s income per employee grew on a trailing twelve-month basis to an impressive $563,139. This income per employee was higher than the company average, reflecting Meritage Homes strong financial performance.
SCOTTSDALE, Ariz., May 07, 2024 - Meritage Homes Corporation (NYSE: MTH, Meritage or the Company), one of the top homebuilders in the U.S., has recently disclosed the pricing of $500 million in aggregate principal amount of its 1.75% Convertible Senior Notes due 2028. This strategic move will bring in an estimated $484.8 million in net proceeds to Meritage, with the potential to reach $557.8 million if the initial purchasers exercise their option to purchase additional notes in full. The sale of these notes is scheduled to settle on May 9, 2024, pending the fulfillment of customary closing conditions. This announcement signifies a significant financial milestone for Meritage Homes, further solidifying its position in the market and demonstrating investor confidence in the Company s future prospects. The decision to issue Convertible Senior Notes reflects Meritage s strategic approach to capital raising and financial management, providing the Company with additional funds for various operational and growth initiatives.
Companies with similar Income per Employee for 12 month ending Jun 30 2026, within Capital Goods Sector
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