# Meritage Homes

> Meritage Homes is one of the largest homebuilders in the United States, building affordable, energy-efficient single-family and build-to-rent homes across the Sun Belt and Western states. Founded in 1985 and based in Scottsdale, Arizona, the company standardizes energy-saving features - spray foam insulation, multi-speed HVAC, low-HERS designs and solar-ready construction - into everyday production homes rather than treating them as premium upgrades. It trades on the NYSE as MTH, closed more than 15,600 homes in 2024, and has delivered over 210,000 homes in four decades.

- **Founded:** 1985
- **Headquarters:** Scottsdale, Arizona, United States
- **Founders:** Steven J. Hilton (Co-founder, former Chairman & CEO), William W. Cleverly (Co-founder)
- **Team size:** Approximately 1,900 employees
- **Products:** Single-family homes, Energy-efficient home package, M.Connected Home Automation Suite, Net-Zero Energy Homes, Active adult communities
- **Notable:** 5th-largest public homebuilder in the U.S. by 2024 home closings, Delivered over 210,000 homes across a 41-year history, Closed a company-record 15,611 homes in 2024 (up 12% year over year)

## Products & services

- **Single-family homes** — Entry-level and first move-up production homes across 12 states, built to standardized, energy-efficient specifications.
- **Energy-efficient home package** — Standard spray foam insulation, multi-speed HVAC, ENERGY STAR appliances, low-E windows and low HERS Index ratings included in production homes.
- **M.Connected Home Automation Suite** — Standardized smart-home package with connected thermostats, entry, lighting and monitoring integrated into new builds.
- **Net-Zero Energy Homes** — Homes and communities designed with solar to produce as much energy as they consume, extended into for-sale multifamily/townhomes.
- **Active adult communities** — Age-targeted communities alongside entry-level and move-up neighborhoods.
- **Build-to-rent communities** — Purpose-built rental home communities delivered to investors and operators.
- **Meritage Homes financial services** — Mortgage, title and financing support to streamline the home-buying process for buyers.

## Achievements

- 5th-largest public homebuilder in the U.S. by 2024 home closings
- Delivered over 210,000 homes across a 41-year history
- Closed a company-record 15,611 homes in 2024 (up 12% year over year)
- $6.3 billion in home-closing revenue in 2024
- 11-time ENERGY STAR Partner of the Year for Sustained Excellence
- Four-time EPA Indoor airPLUS Leader Award recipient
- Among the first production builders to label every home with a HERS energy rating

## Latest updates

- **2025-01** — Reported record full-year 2024 results: 15,611 homes closed, $6.3B home-closing revenue, and net earnings of $786.2M.
- **2025-01** — Celebrated its 40th anniversary and passing 200,000+ homes delivered under the 'Way To 200K' milestone.
- **2024-06** — Advanced net-zero energy for-sale multifamily/townhome projects, including work toward some of California's first net-zero for-sale townhomes.

## Links

- Website: https://meritagehomes.com
- LinkedIn: http://www.linkedin.com/company/meritage-homes
- Twitter/X: https://twitter.com/meritagehomes
- YouTube: https://www.youtube.com/user/meritagehomes
- Instagram: https://www.instagram.com/meritagehomes
- Facebook: https://facebook.com/meritagehomes

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Profile page: https://yespress.io/meritage-homes
Published by YesPress — https://yespress.io
Last updated: 2026-08-13