M (MHO) Change in Inventory (2010 - 2026)
M (MHO) posted quarterly Change in Inventory of $117.8 million for Q2 2026, up 54.39% year-over-year from $76.3 million in Q2 2025, and up 382.05% on a QoQ basis from -$41.8 million in Q1 2026.
M (MHO) Change in Inventory (2010 - 2026) Analysis & Trends
M has reported Change in Inventory for 17 years, with the latest figure at $117.8 million in Q2 2026.
- Change in Inventory for Q2 2026 came in at $117.8 million, up 54.39% year-over-year; the trailing twelve-month figure through Jun 2026 was $205.9 million (down 38.97% YoY), and the FY2025 annual result was $313.5 million, up 5.28% from the prior year.
- Change in Inventory grew to $117.8 million in Q2 2026, from -$41.8 million in the prior quarter.
- Over five years, Change in Inventory peaked at $207.2 million in Q2 2022 and troughed at -$184.4 million in Q4 2022.
- A 5-year average of $55.0 million and a median of $69.1 million in 2023 frame the typical range for Change in Inventory.
- The widest annual swing landed in 2022, when Change in Inventory tumbled 292.05%; it then jumped 780.03% in 2025.
- A 5-year view of Change in Inventory shows it stood at -$184.4 million in 2022, then jumped by 133.57% to $61.9 million in 2023, then tumbled by 160.31% to -$37.3 million in 2024, then jumped by 97.12% to -$1.1 million in 2025, then jumped by 11039.0% to $117.8 million in 2026.
- Per Business Quant data, the three most recent Change in Inventory figures were $117.8 million in Q2 2026, -$41.8 million in Q1 2026, and -$1.1 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 41.98 Bn | 39.85 Bn | 2.15 Bn | 532.90 Mn |
| 2 | Pultegroup | 24.45 Bn | 23.08 Bn | 1.06 Bn | 430.91 Mn |
| 3 | Lennar | 20.97 Bn | 18.79 Bn | 7.69 Bn | 436.85 Mn |
| 4 | Nvr | 17.21 Bn | 16.12 Bn | 485.14 Mn | 296.78 Mn |
| 5 | Toll Brothers | 14.01 Bn | 12.90 Bn | 604.89 Mn | 175.80 Mn |
| 6 | Taylor Morrison Home | 6.77 Bn | 6.12 Bn | 290.64 Mn | 127.34 Mn |
| 7 | Installed Building Products | 6.61 Bn | 6.21 Bn | 258.90 Mn | 17.40 Mn |
| 8 | Champion Homes | 5.07 Bn | 4.43 Bn | - | - |
| 9 | Meritage Homes | 4.73 Bn | 3.93 Bn | 254.14 Mn | -98.28 Mn |
| 10 | M | 3.90 Bn | 3.17 Bn | 235.50 Mn | 117.81 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 117.81 Mn |
| Jun 30, 2026 | 117.81 Mn |
| Mar 31, 2026 | -41.77 Mn |
| Mar 31, 2026 | -41.77 Mn |
| Dec 31, 2025 | -1.08 Mn |
| Dec 31, 2025 | -1.08 Mn |
| Sep 30, 2025 | 130.96 Mn |
| Sep 30, 2025 | 130.96 Mn |
| Jun 30, 2025 | 76.31 Mn |
| Jun 30, 2025 | 76.31 Mn |
| Mar 31, 2025 | 107.28 Mn |
| Mar 31, 2025 | 107.28 Mn |
| Dec 31, 2024 | -37.33 Mn |
| Dec 31, 2024 | -37.33 Mn |
| Sep 30, 2024 | 191.19 Mn |
| Sep 30, 2024 | 191.19 Mn |
| Jun 30, 2024 | 159.64 Mn |
| Jun 30, 2024 | 159.64 Mn |
| Mar 31, 2024 | -15.78 Mn |
| Mar 31, 2024 | -15.78 Mn |