Meritage Corporation (MTH) — Financial Flexibility Index

Latest as of September 2025: -0.04x

Meritage Corporation (MTH) has a Financial Flexibility Index of -0.04x as of September 2025. Free cash flow of $-88.72 Million (operating CF $-96.51 Million minus capex $7.79 Million) represents 0% of total liabilities ($2.47 Billion). Check Meritage Corporation cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

-0.04x
Free Cash Flow / Total Liabilities

Free Cash Flow

$-88.72 Million
Operating CF − Capex

Total Liabilities

$2.47 Billion
USD

Capital Expenditures

$7.79 Million
USD

Meritage Corporation Financial Flexibility Index (1990–2024)

Historical Financial Flexibility Index trend for Meritage Corporation across 35 annual periods. For the full cash flow conversion analysis, see MTH cash generation efficiency.

Annual Financial Flexibility Index for Meritage Corporation (1990–2024)

Year-by-year free cash flow to debt coverage for Meritage Corporation. Explore Meritage Corporation cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2024 -0.10x $-198.92 Million $-227.58 Million $2.02 Billion ▼ -143.5%
2023 0.23x $393.76 Million $355.57 Million $1.74 Billion ▼ -4.7%
2022 0.24x $432.24 Million $405.27 Million $1.82 Billion ▲ +432.8%
2021 -0.07x $-126.43 Million $-152.09 Million $1.77 Billion ▼ -119.6%
2020 0.36x $550.29 Million $530.36 Million $1.52 Billion ▲ +39.2%
2019 0.26x $371.20 Million $346.82 Million $1.42 Billion ▲ +45.0%
2018 0.18x $295.62 Million $262.20 Million $1.64 Billion ▲ +535.9%
2017 -0.04x $-69.04 Million $-87.13 Million $1.67 Billion ▲ +30.3%
2016 -0.06x $-86.74 Million $-103.40 Million $1.47 Billion ▼ -763.4%
2015 0.01x $12.76 Million $-3.33 Million $1.43 Billion ▲ +105.6%
2014 -0.16x $-190.46 Million $-211.25 Million $1.21 Billion ▼ -160.2%
2013 -0.06x $-70.49 Million $-86.28 Million $1.16 Billion ▲ +74.5%
2012 -0.24x $-209.62 Million $-220.49 Million $881.35 Million ▼ -159.8%
2011 -0.09x $-67.05 Million $-74.14 Million $732.47 Million ▼ -270.4%
2010 0.05x $38.94 Million $32.55 Million $724.94 Million ▼ -78.3%
2009 0.25x $187.68 Million $184.07 Million $757.24 Million ▼ -5.5%
2008 0.26x $209.52 Million $199.83 Million $799.04 Million ▲ +3775.6%
2007 -0.01x $-7.26 Million $-20.61 Million $1.02 Billion ▼ -313.6%
2006 0.00x $3.89 Million $-21.96 Million $1.16 Billion ▼ -96.2%
2005 0.09x $97.52 Million $72.24 Million $1.12 Billion ▼ -14.1%
2004 0.10x $75.28 Million $60.17 Million $742.64 Million ▲ +238.4%
2003 -0.07x $-39.76 Million $-56.89 Million $542.64 Million ▼ -1220.4%
2002 0.01x $2.45 Million $-5.84 Million $374.48 Million ▲ +113.5%
2001 -0.05x $-12.58 Million $-19.85 Million $260.13 Million ▼ -176.1%
2000 0.06x $9.27 Million $6.25 Million $145.98 Million ▲ +125.8%
1999 -0.25x $-33.45 Million $-36.39 Million $136.15 Million ▼ -441.0%
1998 -0.05x $-3.63 Million $-5.20 Million $79.86 Million ▼ -133.3%
1997 0.14x $6.85 Million $6.68 Million $50.27 Million ▲ +160.6%
1996 0.05x $2.40 Million $2.40 Million $45.90 Million ▼ -62.2%
1995 0.14x $1.30 Million $1.30 Million $9.40 Million ▲ +288.1%
1994 -0.07x $-1.00 Million $-1.00 Million $13.60 Million ▲ +54.8%
1993 -0.16x $-3.50 Million $-3.50 Million $21.50 Million ▼ -719.8%
1992 0.03x $18.70 Million $18.70 Million $712.00 Million ▲ +91.2%
1991 0.01x $12.70 Million $12.70 Million $924.60 Million ▼ -69.5%
1990 0.05x $12.60 Million $12.60 Million $279.70 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities