Meritage Homes Corp - Company Profile

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Meritage Homes Corp: Segment Analysis

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Business Description

Meritage Homes Corp (Meritage Homes) is a designer and builder of single-family attached and detached homes. It primarily operates in historically high-growth regions of the US, offering a variety of entry-level and first move-up homes. As of December 31, 2025, Meritage Homes was actively selling homes in 336 communities. The company also provides title, escrow, mortgage, and insurance services. It operates in three principal homebuilding regions: West, Central, and East, covering twelve states. The company collaborates with insurance companies to offer homeowners insurance and other products, and also provides mortgage services through an unconsolidated joint venture.

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Business Segments

Overview

- Designs and constructs single-family attached and detached homes. Offers a wide range of entry-level and first move-up homes. - Also acquires and develops land, constructs, markets and sells homes by providing warranty and customer service. -The segment's strategy is to manage its own title operations for greater control over the escrow and closing cycles, and to generate additional revenue.

Performance

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Overview

- Offers title and escrow, insurance, mortgage and closing settlement services for its homebuyers through Carefree Title Agency, Inc. -The segment's strategy is to manage its own title operations for greater control over the escrow and closing cycles, generate additional revenue, and offer insurance products to homebuyers in collaboration with nationwide insurance companies.

Performance

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Geographical Segments

Target Markets

Texas

Performance

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Target Markets

Georgia, South Carolina, North Carolina, Florida, and Tennessee.

Performance

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Target Markets

Utah, Arizona, Colorado, and California.

Performance

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