Meritage Corporation (MTH)

Financial leverage ratio

Dec 31, 2025 Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Total assets US$ in thousands 7,622,290 7,162,650 6,353,130 5,772,100 4,818,430
Total stockholders’ equity US$ in thousands 5,195,640 5,141,570 4,611,900 3,949,610 3,044,390
Financial leverage ratio 1.47 1.39 1.38 1.46 1.58

December 31, 2025 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $7,622,290K ÷ $5,195,640K
= 1.47