M (MHO) Operating Leases (2019 - 2026)

M's (MHO) quarterly Operating Leases came in at $54.9 million in Q1 2026, down 6.94% year-on-year from $59.0 million in Q1 2025, and down 3.19% on a QoQ basis 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.

  • On a quarterly basis, Operating Leases fell 6.94% year-over-year to $54.9 million in Q1 2026; TTM through Mar 2026 was $54.9 million, a 6.94% decrease from a year earlier, with the FY2025 full-year figure at $56.7 million, up 2.37% from the prior year.
  • Operating Leases for Q1 2026 stood at $54.9 million, down from $56.7 million in the prior quarter.
  • Over the last five years, Operating Leases for MHO reached as high as $61.3 million in Q4 2022 and fell as low as $51.5 million in Q1 2022.
  • Historically, Operating Leases has averaged $57.0 million across 5 years, with a median of $57.6 million in 2023.
  • Across the five-year window, Operating Leases rose 19.06% in 2022 and decreased 8.29% in 2025, its largest moves.
  • Year by year, Operating Leases stood at $61.3 million in 2022, then retreated by 6.11% to $57.6 million in 2023, then dropped by 3.82% to $55.4 million in 2024, then climbed by 2.37% to $56.7 million in 2025, then declined by 3.19% to $54.9 million in 2026.
  • Per Business Quant data, the three most recent Operating Leases figures were $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 40.90 Bn 39.56 Bn 2.15 Bn
2 Pultegroup 23.36 Bn 22.03 Bn 3.92 Bn
3 Lennar 19.77 Bn 19.63 Bn 7.69 Bn
4 Nvr 17.18 Bn 15.54 Bn 1.31 Bn
5 Toll Brothers 15.08 Bn 13.99 Bn 604.89 Mn
6 Taylor Morrison Home 6.96 Bn 6.31 Bn 290.64 Mn
7 Installed Building Products 5.97 Bn 5.50 Bn 212.30 Mn
8 Meritage Homes 4.78 Bn 4.01 Bn 68.61 Mn
9 Champion Homes 4.47 Bn 3.81 Bn 172.19 Mn
10 M 4.43 Bn 3.66 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