Meritage Homes : 1st Quarter 2022 Supplemental Data
April 28, 2022 at 12:13 pm EDT
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FIRST QUARTER 2022 SUPPLEMENTAL DATA
Orders and Absorptions
2
Orders and Absorptions (CY/PY)
2Q20
3Q20
4Q20
1Q21
Orders
Absorptions
Orders
Absorptions
Orders
Absorptions
Orders
Absorptions
Arizona
27%
32%
47%
55%
37%
38%
6%
2%
-15%
-15%
-22%
-25%
15%
1%
-9%
-25%
California
87%
35%
158%
137%
21%
63%
-19%
23%
-11%
29%
-37%
-21%
-14%
-22%
21%
-6%
Colorado
-30%
18%
21%
107%
48%
155%
-15%
15%
18%
6%
10%
-20%
-8%
-39%
24%
-18%
West Region
27%
31%
68%
88%
34%
65%
-6%
13%
-10%
-1%
-24%
-25%
2%
-14%
5%
-19%
Texas
47%
58%
82%
114%
46%
83%
5%
34%
-9%
8%
-10%
-14%
11%
-5%
16%
-5%
Central Region
47%
58%
82%
114%
46%
83%
5%
34%
-9%
8%
-10%
-14%
11%
-5%
16%
-5%
Florida
18%
14%
68%
73%
75%
86%
51%
65%
20%
32%
9%
6%
12%
-8%
19%
-10%
Georgia
28%
59%
25%
73%
39%
176%
5%
82%
2%
47%
2%
30%
10%
-27%
34%
-16%
No.Carolina
36%
59%
105%
124%
78%
105%
46%
45%
20%
-2%
-10%
-29%
-6%
-26%
-11%
-27%
So. Carolina
38%
129%
64%
183%
120%
246%
-13%
17%
-7%
-15%
11%
-32%
17%
-44%
103%
-10%
Tennessee
-6%
-10%
23%
23%
112%
138%
97%
177%
49%
89%
13%
19%
4%
-21%
4%
-41%
East Region
23%
36%
63%
87%
76%
118%
39%
67%
17%
25%
3%
-4%
6%
-21%
15%
-20%
Total
32%
42%
71%
94%
52%
87%
11%
36%
-2%
9%
-11%
-15%
6%
-14%
12%
-16%
3
Orders and Average Communities by Product Type
4
Home Closings and Home Closing Revenue (CY/PY)
5
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Meritage Homes Corporation published this content on 28 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 April 2022 16:12:03 UTC.
Meritage Homes Corporation is a designer and builder of single-family attached and detached homes. Its segments include Homebuilding and Financial Services. The Homebuilding segment is engaged in the business of acquiring and developing land, constructing homes, marketing and selling those homes and providing warranty and customer services. The Financial Services segment offer title and escrow, mortgage, and insurance services. It has operations in three regions: West, Central and East, which are comprised of 10 states: Arizona, California, Colorado, Utah, Texas, Florida, Georgia, North Carolina, South Carolina, and Tennessee. These three regions are its principal homebuilding reporting segments. Its homebuilding activities are conducted under the name of Meritage Homes in each of its homebuilding markets. It also operates Carefree Title Agency, Inc., its wholly owned title company, which provides title insurance and closing/settlement services to its homebuyers in certain states.