Meritage Homes Management
Management criteria checks 2/4
Meritage Homes' CEO is Phillippe Lord, appointed in Jan 2021, has a tenure of 3.92 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 €13.53M. The average tenure of the management team and the board of directors is 6.4 years and 5.6 years respectively.
Key information
Phillippe Lord
Chief executive officer
US$10.8m
Total compensation
| CEO salary percentage | 8.3% |
| CEO tenure | 4yrs |
| CEO ownership | 0.2% |
| Management average tenure | 6.4yrs |
| Board average tenure | 5.6yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$812m |
| 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$227m |
Compensation vs Market: Phillippe's total compensation ($USD10.84M) is above average for companies of similar size in the German market ($USD3.31M).
Compensation vs Earnings: Phillippe's compensation has increased by more than 20% in the past year.
CEO
Phillippe Lord (50 yo)
4yrs
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 | 28yrs | US$3.08m | 1.08% € 58.3m | |
| Executive VP | 4yrs | US$10.84m | 0.25% € 13.5m | |
| CFO & Executive VP | 8.8yrs | US$5.47m | 0.12% € 6.7m | |
| Executive VP & COO | 4yrs | US$6.14m | 0.041% € 2.2m | |
| Executive VP | 2.8yrs | US$2.74m | no data | |
| Chief People Officer & Executive VP | 9.2yrs | US$1.97m | 0.040% € 2.1m | |
| Senior VP | 8.8yrs | no data | 0.0048% € 261.4k | |
| Vice President of Investor Relations & ESG | no data | no data | no data | |
| President of Greenville-South Carolina Division | 7.5yrs | no data | no data | |
| Southern California Division President | 6.4yrs | no data | no data |
6.4yrs
Average Tenure
50yo
Average Age
Experienced Management: MEY's management team is seasoned and experienced (6.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 28yrs | US$3.08m | 1.08% € 58.3m | |
| Executive VP | 3.9yrs | US$10.84m | 0.25% € 13.5m | |
| Lead Independent Director | 24.3yrs | US$355.14k | 0.041% € 2.2m | |
| Independent Director | 3.1yrs | US$292.64k | 0.010% € 539.6k | |
| Independent director | 1.6yrs | US$295.77k | no data | |
| Independent Director | 8.8yrs | US$303.89k | 0.061% € 3.3m | |
| Independent Director | 15.4yrs | US$302.64k | 0.16% € 8.9m | |
| Independent Director | 13.1yrs | US$305.14k | 0.063% € 3.4m | |
| Independent Director | 4.8yrs | US$302.64k | 0.029% € 1.6m | |
| Independent Director | 5.6yrs | US$302.64k | 0.041% € 2.2m | |
| Independent Director | less than a year | no data | no data |
5.6yrs
Average Tenure
60yo
Average Age
Experienced Board: MEY's board of directors are considered experienced (5.6 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 12:33 |
| End of Day Share Price | 2025/01/02 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Meritage Homes Corporation is covered by 29 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ishan Majumdar | Baptista Research |
| Stephen Kim | Barclays |
| John Lovallo | BofA Global Research |