Meritage Homes Management
Management criteria checks 2/4
Meritage Homes' CEO is Phillippe Lord, appointed in Jan 2021, has a tenure of 3.67 years. total yearly compensation is $10.84M, comprised of 8.3% salary and 91.7% bonuses, including company stock and options. directly owns 0.25% of the company’s shares, worth $18.58M. The average tenure of the management team and the board of directors is 6.1 years and 6.9 years respectively.
Key information
Phillippe Lord
Chief executive officer
US$10.8m
Total compensation
| CEO salary percentage | 8.3% |
| CEO tenure | 3.7yrs |
| CEO ownership | 0.2% |
| Management average tenure | 6.1yrs |
| Board average tenure | 6.9yrs |
Recent management updates
Recent updates
Why Investors Shouldn't Be Surprised By Meritage Homes Corporation's (NYSE:MTH) Low P/E
Sep 16
Meritage Homes Corporation: Staying Buy Rated As Demand Outlook Remains Positive
Jul 30Is Meritage Homes (NYSE:MTH) Using Too Much Debt?
Jul 27Is It Too Late To Consider Buying Meritage Homes Corporation (NYSE:MTH)?
Jul 11An Intrinsic Calculation For Meritage Homes Corporation (NYSE:MTH) Suggests It's 35% Undervalued
Jun 06Lacklustre Performance Is Driving Meritage Homes Corporation's (NYSE:MTH) Low P/E
May 23We Think Shareholders Will Probably Be Generous With Meritage Homes Corporation's (NYSE:MTH) CEO Compensation
May 10Meritage Homes Corporation: Reiterate Buy Rating On Strong Demand Profile
May 07Meritage Homes: An Upgrade Heading Into Earnings On Strong Orders
Apr 21Is Meritage Homes (NYSE:MTH) Using Too Much Debt?
Mar 31Is There Now An Opportunity In Meritage Homes Corporation (NYSE:MTH)?
Mar 03Calculating The Fair Value Of Meritage Homes Corporation (NYSE:MTH)
Feb 16Meritage Homes: Amazing Orders Growth With Good Visibility Ahead
Feb 08Investors Will Want Meritage Homes' (NYSE:MTH) Growth In ROCE To Persist
Jan 23Meritage Homes Corporation (NYSE:MTH) Looks Inexpensive But Perhaps Not Attractive Enough
Dec 22Meritage Homes: Initiate Buy On Healthy Demand And Improved Productivity
Nov 27Meritage Homes: A Robust Recovery Is In The Making
Nov 10Is Meritage Homes (NYSE:MTH) A Risky Investment?
Nov 01An Intrinsic Calculation For Meritage Homes Corporation (NYSE:MTH) Suggests It's 38% Undervalued
Oct 16Is Now An Opportune Moment To Examine Meritage Homes Corporation (NYSE:MTH)?
Sep 11Meritage Homes: Rating Upgrade As Growth Expected To Accelerate
Sep 05Meritage Homes (NYSE:MTH) Could Become A Multi-Bagger
Jul 24Meritage Homes: Still Appealing Despite Signs Of Further Weakness Ahead
Jul 21These 4 Measures Indicate That Meritage Homes (NYSE:MTH) Is Using Debt Reasonably Well
Jul 10What Does Meritage Homes Corporation's (NYSE:MTH) Share Price Indicate?
Jun 12Is Now The Time To Put Meritage Homes (NYSE:MTH) On Your Watchlist?
May 29Party Time: Brokers Just Made Major Increases To Their Meritage Homes Corporation (NYSE:MTH) Earnings Forecasts
Apr 30Returns on Capital Paint A Bright Future For Meritage Homes (NYSE:MTH)
Apr 25Does Meritage Homes (NYSE:MTH) Have A Healthy Balance Sheet?
Apr 10Is Meritage Homes Corporation (NYSE:MTH) Potentially Undervalued?
Mar 13With EPS Growth And More, Meritage Homes (NYSE:MTH) Makes An Interesting Case
Feb 20Meritage Homes initiates quarterly dividend of $0.27
Feb 16Meritage Homes: Not Enough Upside Post The Recent Rally
Feb 10Meritage Homes GAAP EPS of $7.09 beats by $0.06, revenue of $1.99B beats by $10M
Feb 01Shareholders Would Enjoy A Repeat Of Meritage Homes' (NYSE:MTH) Recent Growth In Returns
Jan 17CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | US$838m |
| Mar 31 2024 | n/a | n/a | US$793m |
| Dec 31 2023 | US$11m | US$900k | US$739m |
| Sep 30 2023 | n/a | n/a | US$802m |
| Jun 30 2023 | n/a | n/a | US$843m |
| Mar 31 2023 | n/a | n/a | US$906m |
| Dec 31 2022 | US$8m | US$900k | US$992m |
| Sep 30 2022 | n/a | n/a | US$967m |
| Jun 30 2022 | n/a | n/a | US$906m |
| Mar 31 2022 | n/a | n/a | US$823m |
| Dec 31 2021 | US$8m | US$850k | US$737m |
| Sep 30 2021 | n/a | n/a | US$653m |
| Jun 30 2021 | n/a | n/a | US$561m |
| Mar 31 2021 | n/a | n/a | US$484m |
| Dec 31 2020 | US$6m | US$700k | US$423m |
| Sep 30 2020 | n/a | n/a | US$375m |
| Jun 30 2020 | n/a | n/a | US$335m |
| Mar 31 2020 | n/a | n/a | US$295m |
| Dec 31 2019 | US$5m | US$650k | US$250m |
| Sep 30 2019 | n/a | n/a | US$222m |
| Jun 30 2019 | n/a | n/a | US$206m |
| Mar 31 2019 | n/a | n/a | US$209m |
| Dec 31 2018 | US$4m | US$650k | US$227m |
| Sep 30 2018 | n/a | n/a | US$187m |
| Jun 30 2018 | n/a | n/a | US$176m |
| Mar 31 2018 | n/a | n/a | US$164m |
| Dec 31 2017 | US$3m | US$550k | US$143m |
Compensation vs Market: Phillippe's total compensation ($USD10.84M) is above average for companies of similar size in the US market ($USD8.24M).
Compensation vs Earnings: Phillippe's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Phillippe Lord (50 yo)
3.7yrs
Tenure
US$10,835,643
Compensation
Mr. Phillippe Lord serves as Director at Meritage Homes Corporation since February 17, 2021 and served its President since February 2021 until March 2021. He serves as Executive Vice President of Meritage...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 27.7yrs | US$3.08m | 1.07% $ 80.1m | |
| Executive VP | 3.7yrs | US$10.84m | 0.25% $ 18.6m | |
| CFO & Executive VP | 8.4yrs | US$5.47m | 0.12% $ 9.2m | |
| Executive VP & COO | 3.7yrs | US$6.14m | 0.041% $ 3.1m | |
| Executive VP | 2.4yrs | US$2.74m | no data | |
| Chief People Officer & Executive VP | 8.8yrs | US$1.97m | 0.039% $ 2.9m | |
| Senior VP | 8.5yrs | no data | 0.0048% $ 359.0k | |
| Vice President of Investor Relations & ESG | no data | no data | no data | |
| President of Greenville-South Carolina Division | 7.2yrs | no data | no data | |
| Southern California Division President | 6.1yrs | no data | no data |
6.1yrs
Average Tenure
50yo
Average Age
Experienced Management: MTH's management team is seasoned and experienced (6.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 27.7yrs | US$3.08m | 1.07% $ 80.1m | |
| Executive VP | 3.6yrs | US$10.84m | 0.25% $ 18.6m | |
| Lead Independent Director | 24yrs | US$355.14k | 0.041% $ 3.0m | |
| Independent Director | 2.8yrs | US$292.64k | 0.0099% $ 741.2k | |
| Independent director | 1.3yrs | US$295.77k | no data | |
| Independent Director | 8.5yrs | US$303.89k | 0.061% $ 4.6m | |
| Independent Director | 15.1yrs | US$302.64k | 0.16% $ 12.2m | |
| Independent Director | 12.8yrs | US$305.14k | 0.063% $ 4.7m | |
| Independent Director | 4.5yrs | US$302.64k | 0.028% $ 2.1m | |
| Independent Director | 5.3yrs | US$302.64k | 0.041% $ 3.1m |
6.9yrs
Average Tenure
61.5yo
Average Age
Experienced Board: MTH's board of directors are considered experienced (6.9 years average tenure).