Meritage Corporation (MTH)

Operating return on assets (Operating ROA)

Dec 31, 2025 Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Operating income US$ in thousands 537,477 958,345 1,270,390 1,286,640 970,576
Total assets US$ in thousands 7,622,290 7,162,650 6,353,130 5,772,100 4,818,430
Operating ROA 7.05% 13.38% 20.00% 22.29% 20.14%

December 31, 2025 calculation

Operating ROA = Operating income ÷ Total assets
= $537,477K ÷ $7,622,290K
= 7.05%