Meritage Homes Corporation (MTH) Q4 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:03.178 If you should need operator assistance, please press star zero. 00:00:03.178 -- 00:00:07.647 I would now like to turn the call over to Emily Dodono, VP of Investor Relations and 00:00:07.647 -- 00:00:09.431 External Communications. Please go ahead. 00:00:09.431 -- 00:00:11.431 Thank 00:00:11.615 -- 00:00:16.616 you, operator. Good morning and welcome to our analyst call to discuss our fourth quarter 00:00:16.616 -- 00:00:21.982 2025 results. We issued the press release yesterday after the market closed. 00:00:21.982 -- 00:00:26.507 You can find it along with the slides we'll refer to during this call on our website 00:00:26.507 -- 00:00:28.728 at investors.meritagehomes.com 00:00:29.751 -- 00:00:34.296 or by selecting the investor relations link at the bottom of our homepage. 00:00:34.296 -- 00:00:38.361 Please refer to slide two, cautioning you that our statements during this call, as well 00:00:38.361 -- 00:00:42.725 as in the earnings release and accompanying slides, contain forward-looking statements. 00:00:42.725 -- 00:00:47.232 Those and any other projections represent the current opinions of management, which are 00:00:47.232 -- 00:00:51.499 subject to change at any time, and we assume no obligation to update them. 00:00:51.499 -- 00:00:54.645 Any forward-looking statements are inherently uncertain. 00:00:54.645 -- 00:00:59.372 Our actual results may be materially different than our expectations due to a wide variety 00:00:59.372 -- 00:01:03.880 of risk factors, which we have identified and listed on this slide as well as in our 00:01:03.880 -- 00:01:08.307 earnings release and most recent filings with the Securities and Exchange Commission 00:01:08.307 -- 00:01:13.574 specifically our 2024 annual report on Form 10-K and For...