M (MHO) Operating Leases (2019 - 2026)

M (MHO) reported Operating Leases of $54.9 million for Q1 2026, down 6.94% year-over-year from $59.0 million in Q1 2025, and down 3.19% quarter-over-quarter from $56.7 million in Q4 2025.

M (MHO) Operating Leases (2019 - 2026) Analysis & Trends

M (MHO) has 8 years of Operating Leases data on file, last reported at $54.9 million in Q1 2026.

  • Operating Leases for Q1 2026 came in at $54.9 million, down 6.94% year-over-year; the trailing twelve-month figure through Mar 2026 was $54.9 million (down 6.94% YoY), and the FY2025 annual result was $56.7 million, up 2.37% from the prior year.
  • Operating Leases eased to $54.9 million in Q1 2026 per MHO's latest filing, from $56.7 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 $57.0 million and a median of $57.6 million in 2023 frame the typical range for Operating Leases.
  • The sharpest annual moves came in 2022 and 2025: Operating Leases advanced 19.06% in 2022, then dropped 8.29% in 2025.
  • A 5-year view of Operating Leases shows it stood at $61.3 million in 2022, then dropped by 6.11% to $57.6 million in 2023, then retreated by 3.82% to $55.4 million in 2024, then rose by 2.37% to $56.7 million in 2025, then decreased by 3.19% to $54.9 million in 2026.
  • Business Quant data shows MHO's Operating Leases at $54.9 million in Q1 2026, $56.7 million in Q4 2025, and $52.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Horton D R 43.54 Bn 42.20 Bn 1.70 Bn
2 Pultegroup 23.57 Bn 21.76 Bn 881.27 Mn
3 Lennar 22.65 Bn 20.45 Bn 6.36 Bn
4 Nvr 17.80 Bn 16.15 Bn 1.31 Bn
5 Toll Brothers 13.73 Bn 12.64 Bn 604.89 Mn
6 Taylor Morrison Home 6.88 Bn 6.88 Bn 290.64 Mn
7 Installed Building Products 5.53 Bn 5.05 Bn 212.30 Mn
8 Meritage Homes 4.85 Bn 4.09 Bn -269,000.00
9 Cavco Industries 4.56 Bn 4.52 Bn 135.92 Mn
10 M 3.65 Bn 2.88 Bn 202.59 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 52.45 Mn