Financials in USD. Standardized financial statements.
A compact view of how Meritage Hospitality Group Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $617.70M | $668.80M | $672.49M | $626.04M | $577.13M | $516.18M | $467.55M | $435.30M | $312.58M | $235.77M |
| Revenue Growth? | -7.6% | -0.5% | +7.4% | +8.5% | +11.8% | +10.4% | +7.4% | +39.3% | +32.6% | 0.0% |
| Cost of Revenue? | $376.56M | $391.27M | $591.60M | $373.85M | $334.17M | $287.53M | $262.55M | $241.29M | $174.59M | $130.86M |
| Gross Profit? | $241.10M | $277.53M | $80.89M | $252.19M | $242.96M | $228.65M | $205.00M | $194.01M | $137.99M | $104.91M |
| Gross Margin? | +39.0% | +41.5% | +12.0% | +40.3% | +42.1% | +44.3% | +43.8% | +44.6% | +44.1% | +44.5% |
| Operating Expenses? | $249.06M | $264.19M | $58.28M | $230.57M | $220.90M | $194.41M | $179.81M | $164.73M | $120.13M | $89.96M |
| Operating Income? | -$7.96M | $13.35M | $22.61M | $25.48M | $35.03M | $37.40M | $29.21M | $25.41M | $14.45M | $11.37M |
| EBITDA? | $10.09M | $37.55M | $41.16M | $39.04M | $47.35M | $44.84M | $42.88M | $38.82M | $25.44M | $17.88M |
| Income Before Tax | -$43.09M | $9.14M | $6.91M | $9.68M | $23.30M | $18.16M | $16.46M | $16.53M | $11.30M | $8.68M |
| Income Tax Expense | -$11.58M | $1.12M | $888,000 | $586,000 | $5.10M | $2.40M | $3.59M | $3.37M | $2.27M | $2.23M |
| Net Income? | -$31.75M | $7.80M | $6.14M | $8.48M | $17.45M | $14.91M | $12.06M | $13.01M | $8.96M | $6.45M |
| EPS? | $-5.10 | $0.84 | $0.71 | $0.98 | $2.30 | $2.00 | $1.62 | $2.08 | $1.46 | $1.09 |
| Diluted EPS? | $-5.10 | $0.65 | $0.56 | $0.74 | $1.81 | $1.59 | $1.27 | $2.08 | $1.46 | $1.09 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality