Meritage Homes (NYSE:MTH) has outperformed the market over the past 15 years by 3.4% on an annualized basis producing an average annual return of 15.01%. Currently, Meritage Homes has a market capitalization of $6.65 billion. Buying $100 In MTH: If an investor had bought $100 of MTH stock 15 years ago, it would be worth $818.91 today based on a price of $183.05 for MTH at the time of writing. Meritage Homes’s Performance Over Last 15 YearsFinally — what’s the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your ca…