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July 28 , 2021 Meritage Homes Reports Second Quarter 2021 Results , Including Record Gross Margin of 27.3 % , 11 % Sequential Quarterly Increase in Community Count to 226 and 83 % Increase in Diluted EPS SCOTTSDALE , Ariz . , July 28 , 2021 ( GLOBE NEWSWIRE ) -- Meritage Homes Corporation ( NYSE : MTH ) , a leading U.S. homebuilder , reported second quarter results for the period ended June 30 , 2021 . Homes closed ( units ) Home closing revenue Average sales price - closings Home orders ( units ) Home order value Summary Operating Results ( unaudited ) ( Dollars in thousands , except per share amounts ) Average sales price - orders Ending backlog ( units ) Ending backlog value Average sales price - backlog Earnings before income taxes Net earnings Diluted EPS $ Three Months Ended June 30 , 2021 2020 % Chg 3,273 $ 1,264,643 $ 1,031,591 $ 372 386 $ 3,542 3,597 $ 1,499,672 $ 1,290,454 2,770 423 $ 359 Meritage Homes $ 215,651 $ 115,862 $ 167,389 $ 90,678 $ 4.36 $ 2.38 18 % 18 % $ Six Months Ended June 30 , 2021 2020 % Chg 6,163 23 % $ 2,344,625 $ 1,922,008 4 % $ 380 $ 378 ( 2 ) % 6,699 7,000 16 % $ 2,848,802 $ 2,470,391 407 $ 5,509 5,086 21 % 421 $ 369 Ⓡ 4,395 $ 2,317,534 $ 1,648,451 375 86 % $ 381,628 $ 202,695 85 % $ 299,232 $ 161,830 83 % $ 7.80 $ 4.20 22 % 1 % 4 % 15 % 10 % 25 % 41 % 12 % 88 % 85 % 86 %