Meritage Corporation (MTH)

Net profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Net income (ttm)	US$ in thousands	786,186	812,388	838,182	793,463	738,748	802,262	842,991	906,239	992,192	967,287	905,550	822,855	737,444	652,511	560,877	484,166	423,475	374,562	335,253	295,403
Revenue (ttm)	US$ in thousands	6,378,530	6,428,070	6,461,290	6,327,060	6,137,610	6,475,460	6,439,460	6,290,680	6,298,160	5,804,090	5,484,860	5,350,400	5,147,330	5,058,390	4,936,380	4,690,430	4,506,306	4,231,586	4,035,343	3,869,074
Net profit margin		12.33%	12.64%	12.97%	12.54%	12.04%	12.39%	13.09%	14.41%	15.75%	16.67%	16.51%	15.38%	14.33%	12.90%	11.36%	10.32%	9.40%	8.85%	8.31%	7.63%

December 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $786,186K ÷ $6,378,530K
= 12.33%

The net profit margin of Meritage Corporation has shown a generally positive trend over the specified period from March 31, 2020, to December 31, 2024. The net profit margin has increased from 7.63% in March 2020 to 12.33% in December 2024.

There were fluctuations in the net profit margin during this period, reaching a peak of 16.67% in September 2022 and a low of 7.63% in March 2020. Overall, the trend indicates an improvement in the company's profitability as it managed to increase its net profit margin steadily.

Despite the fluctuations, Meritage Corporation has been able to enhance its efficiency in generating profits relative to its revenue, which is a positive indicator of the company's ability to control costs and manage its operations effectively. However, further analysis of the company's financial performance and other relevant ratios would be necessary to assess its overall financial health accurately.