M (MHO) Operating Leases (2019 - 2026)
M's (MHO) quarterly Operating Leases came in at $53.7 million in Q2 2026, down 7.35% year-over-year from $58.0 million in Q2 2025, and down 2.07% quarter-over-quarter from $54.9 million in Q1 2026.
Analysis
M (MHO) Operating Leases (2019 - 2026) Analysis & Trends
M (MHO) has reported Operating Leases for 8 consecutive years, with $53.7 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Leases fell 7.35% year-over-year to $53.7 million in Q2 2026; TTM through Jun 2026 was $53.7 million, a 7.35% decrease from a year earlier, with the FY2025 full-year figure at $56.7 million, up 2.37% from the prior year.
- Operating Leases was $53.7 million for Q2 2026 at M, down from $54.9 million in the prior quarter.
- Over five years, Operating Leases peaked at $61.3 million in Q4 2022 and troughed at $51.5 million in Q1 2022.
- A 5-year average of $56.8 million and a median of $57.1 million in 2023 frame the typical range for Operating Leases.
- Across the five-year window, Operating Leases gained 19.06% in 2022 and slipped 8.29% in 2025, its largest moves.
- Over 5 years, Operating Leases stood at $61.3 million in 2022, then slipped by 6.11% to $57.6 million in 2023, then fell by 3.82% to $55.4 million in 2024, then increased by 2.37% to $56.7 million in 2025, then retreated by 5.19% to $53.7 million in 2026.
- The last three Operating Leases figures came in at $53.7 million (Q2 2026), $54.9 million (Q1 2026), and $56.7 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Horton D R | 38.17 Bn | 36.03 Bn | 2.15 Bn |
| 2 | Pultegroup | 21.99 Bn | 20.62 Bn | 1.06 Bn |
| 3 | Lennar | 18.75 Bn | 16.57 Bn | 7.69 Bn |
| 4 | Nvr | 16.44 Bn | 15.35 Bn | 485.14 Mn |
| 5 | Toll Brothers | 12.40 Bn | 11.34 Bn | 625.22 Mn |
| 6 | Taylor Morrison Home | 6.77 Bn | 6.12 Bn | 290.64 Mn |
| 7 | Meritage Homes | 4.07 Bn | 3.26 Bn | 254.14 Mn |
| 8 | M | 3.57 Bn | 2.83 Bn | 235.50 Mn |
| 9 | Kb Home | 2.95 Bn | 2.88 Bn | 174.03 Mn |
| 10 | Green Brick Partners | 2.91 Bn | 2.78 Bn | 157.52 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 53.73 Mn |
| Mar 31, 2026 | 54.87 Mn |
| Dec 31, 2025 | 56.68 Mn |
| Sep 30, 2025 | 51.97 Mn |
| Jun 30, 2025 | 58.00 Mn |
| Mar 31, 2025 | 58.96 Mn |
| Dec 31, 2024 | 55.37 Mn |
| Sep 30, 2024 | 56.67 Mn |
| Jun 30, 2024 | 58.04 Mn |
| Mar 31, 2024 | 59.16 Mn |
| Dec 31, 2023 | 57.57 Mn |
| Sep 30, 2023 | 59.43 Mn |
| Jun 30, 2023 | 59.46 Mn |
| Mar 31, 2023 | 60.76 Mn |
| Dec 31, 2022 | 61.31 Mn |
| Sep 30, 2022 | 56.20 Mn |
| Jun 30, 2022 | 53.06 Mn |
| Mar 31, 2022 | 51.55 Mn |
| Dec 31, 2021 | 51.50 Mn |
| Sep 30, 2021 | 51.64 Mn |