M (MHO) Change in Inventory (2010 - 2026)

M's (MHO) quarterly Change in Inventory came in at -$41.8 million in Q1 2026, down 138.94% year-on-year from $107.3 million in Q1 2025, and down 3778.37% on a QoQ basis from -$1.1 million in Q4 2025.

M (MHO) Change in Inventory (2010 - 2026) Analysis & Trends

M (MHO) has 17 years of Change in Inventory data on file, last reported at -$41.8 million in Q1 2026.

  • On a quarterly basis, Change in Inventory fell 138.94% year-over-year to -$41.8 million in Q1 2026; TTM through Mar 2026 was $164.4 million, a 60.92% decrease from a year earlier, with the FY2025 full-year figure at $313.5 million, up 5.28% from the prior year.
  • Change in Inventory for Q1 2026 stood at -$41.8 million, down from -$1.1 million in the prior quarter.
  • Over the last five years, Change in Inventory for MHO reached as high as $207.2 million in Q2 2022 and fell as low as -$184.4 million in Q4 2022.
  • Historically, Change in Inventory has averaged $51.3 million across 5 years, with a median of $61.9 million in 2023.
  • Across the five-year window, Change in Inventory sank 292.05% in 2022 and jumped 780.03% in 2025, its largest moves.
  • Year by year, Change in Inventory stood at -$184.4 million in 2022, then soared by 133.57% to $61.9 million in 2023, then sank by 160.31% to -$37.3 million in 2024, then soared by 97.12% to -$1.1 million in 2025, then tumbled by 3778.37% to -$41.8 million in 2026.
  • Per Business Quant data, the three most recent Change in Inventory figures were -$41.8 million in Q1 2026, -$1.1 million in Q4 2025, and $131.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Inventory (Qtr)
1 Horton D R 40.90 Bn 39.56 Bn 2.15 Bn 532.90 Mn
2 Pultegroup 23.36 Bn 22.03 Bn 3.92 Bn 430.91 Mn
3 Lennar 19.77 Bn 19.63 Bn 7.69 Bn 436.85 Mn
4 Nvr 17.18 Bn 15.54 Bn 1.31 Bn 214.95 Mn
5 Toll Brothers 15.08 Bn 13.99 Bn 604.89 Mn 175.80 Mn
6 Taylor Morrison Home 6.96 Bn 6.31 Bn 290.64 Mn 127.34 Mn
7 Installed Building Products 5.97 Bn 5.50 Bn 212.30 Mn 2.10 Mn
8 Meritage Homes 4.78 Bn 4.01 Bn 68.61 Mn -34.05 Mn
9 Champion Homes 4.47 Bn 3.81 Bn 172.19 Mn -11.15 Mn
10 M 4.43 Bn 3.66 Bn 202.59 Mn -41.77 Mn

Historic Data

Download Data
DateValue
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
Dec 31, 2023 61.90 Mn
Dec 31, 2023 61.90 Mn