M (MHO) Change in Inventory (2010 - 2026)
M's (MHO) quarterly Change in Inventory came in at $117.8 million in Q2 2026, up 54.39% year-over-year from $76.3 million in Q2 2025, and up 382.05% quarter-over-quarter from -$41.8 million in Q1 2026.
Analysis
M (MHO) Change in Inventory (2010 - 2026) Analysis & Trends
M (MHO) has reported Change in Inventory for 17 consecutive years, with $117.8 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Change in Inventory rose 54.39% year-over-year to $117.8 million in Q2 2026; TTM through Jun 2026 was $205.9 million, a 38.97% 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 was $117.8 million for Q2 2026 at M, up 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.
- Across the five-year window, Change in Inventory plunged 292.05% in 2022 and surged 780.03% in 2025, its largest moves.
- Over 5 years, Change in Inventory stood at -$184.4 million in 2022, then surged by 133.57% to $61.9 million in 2023, then sank by 160.31% to -$37.3 million in 2024, then surged by 97.12% to -$1.1 million in 2025, then surged by 11039.0% to $117.8 million in 2026.
- The last three Change in Inventory figures came in at $117.8 million (Q2 2026), -$41.8 million (Q1 2026), and -$1.1 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 38.17 Bn | 36.03 Bn | 2.15 Bn | 532.90 Mn |
| 2 | Pultegroup | 21.99 Bn | 20.62 Bn | 1.06 Bn | 430.91 Mn |
| 3 | Lennar | 18.75 Bn | 16.57 Bn | 7.69 Bn | 436.85 Mn |
| 4 | Nvr | 16.44 Bn | 15.35 Bn | 485.14 Mn | 296.78 Mn |
| 5 | Toll Brothers | 12.40 Bn | 11.34 Bn | 625.22 Mn | 328.54 Mn |
| 6 | Taylor Morrison Home | 6.77 Bn | 6.12 Bn | 290.64 Mn | 127.34 Mn |
| 7 | Meritage Homes | 4.07 Bn | 3.26 Bn | 254.14 Mn | -98.28 Mn |
| 8 | M | 3.57 Bn | 2.83 Bn | 235.50 Mn | 117.81 Mn |
| 9 | Kb Home | 2.95 Bn | 2.88 Bn | 174.03 Mn | 35.58 Mn |
| 10 | Green Brick Partners | 2.91 Bn | 2.78 Bn | 157.52 Mn | 97.55 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 117.81 Mn |
| Mar 31, 2026 | -41.77 Mn |
| Dec 31, 2025 | -1.08 Mn |
| Sep 30, 2025 | 130.96 Mn |
| Jun 30, 2025 | 76.31 Mn |
| Mar 31, 2025 | 107.28 Mn |
| Dec 31, 2024 | -37.33 Mn |
| Sep 30, 2024 | 191.19 Mn |
| Jun 30, 2024 | 159.64 Mn |
| Mar 31, 2024 | -15.78 Mn |
| Dec 31, 2023 | 61.90 Mn |
| Sep 30, 2023 | 48.42 Mn |
| Jun 30, 2023 | 18.27 Mn |
| Mar 31, 2023 | -175.32 Mn |
| Dec 31, 2022 | -184.39 Mn |
| Sep 30, 2022 | 196.57 Mn |
| Jun 30, 2022 | 207.18 Mn |
| Mar 31, 2022 | 129.30 Mn |
| Dec 31, 2021 | 96.01 Mn |
| Sep 30, 2021 | 278.89 Mn |