Meritage Homes Corporation Net PP&E:
16.35M for March 31, 2013Meritage Homes Corporation Historical Net PP&E Data
Pro Data ExportThere is no data for the selected date range.
| Data for this Date Range | |
|---|---|
| March 31, 2013 | 16.35M |
| Dec. 31, 2012 | 15.72M |
| Sept. 30, 2012 | 14.11M |
| June 30, 2012 | 969.42M |
| March 31, 2012 | 13.73M |
| Dec. 31, 2011 | 13.49M |
| Sept. 30, 2011 | 14.75M |
| June 30, 2011 | 792.41M |
| March 31, 2011 | 14.18M |
| Dec. 31, 2010 | 14.60M |
| Sept. 30, 2010 | 15.06M |
| June 30, 2010 | 729.69M |
| March 31, 2010 | 740.03M |
| Dec. 31, 2009 | 690.29M |
| Sept. 30, 2009 | 735.89M |
| June 30, 2009 | 729.35M |
| March 31, 2009 | 793.89M |
| Dec. 31, 2008 | 882.00M |
| Sept. 30, 2008 | 26.38M |
| June 30, 2008 | 28.93M |
| March 31, 2008 | Go Pro |
| Dec. 31, 2007 | Go Pro |
| Sept. 30, 2007 | Go Pro |
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| March 31, 2001 | Go Pro |
| Dec. 31, 2000 | Go Pro |
About Net PP&E
Net PP&E is short for Net Property Plant and Equipment. Property Plant and Equipment is the value of all buildings, land, furniture, and other physical capital that a business has purchased to run its business. The term "Net" means that it is "Net" of accumulated depreciation expenses.
For example, assume that a company buys a building worth $1,000,000, along with $50,000 of furniture. Their Net PP&E at the moment of purchase is $1,050,000.
Each year, however, the company must depreciate the value of that PP&E to account for the fact that it will wear out an need to be fixed or re-purchased in the future. Assume that in the first year, the company depreciates the building and furniture by $105,000 (or 10% of the original value). Then, at the end of the year, its Net PP&E is:
$1,050,000 - $105,000 = $945,000
As the company buys more PP&E, the value of its Net PP&E will increase, and as time passes, the value will decrease according to depreciation expenses.
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MTH Net PP&E Benchmarks
| Companies | |
|---|---|
| DR Horton | 87.10M |
| Ryland Group | 21.14M |
| M.D.C. | 33.06M |
MTH Net PP&E Rankings
| Overall |
58th percentile 3349 of 8007 |
| Sector |
31st percentile 499 of 729 in Consumer Cyclical |
| Industry |
37th percentile 15 of 24 in Residential Construction |
MTH Net PP&E Range, Past 5 Years
| Minimum | 13.49M | Dec 2011 |
| Maximum | 969.42M | Jun 2012 |
| Average | 362.51M |
