Murano Global Investments (MRNO) Capital Expenditures (2023 - 2025)

Murano Global Investments (MRNO) posted quarterly Capital Expenditures of $28.3 million for Q4 2025, down 79.37% year-on-year from $137.2 million in Q4 2024, and up 444.18% on a QoQ basis from -$8.2 million in Q1 2025.

Murano Global Investments (MRNO) Capital Expenditures (2023 - 2025) Analysis & Trends

Murano Global Investments (MRNO) has reported Capital Expenditures for 3 consecutive years, with $28.3 million the latest figure, recorded in Q4 2025.

  • Quarterly Capital Expenditures fell 79.37% year-over-year to $28.3 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $150.6 million (up 96.42% YoY) and the FY2025 annual result came in at $16.3 million, down 78.78% from the prior year.
  • Capital Expenditures climbed to $28.3 million in Q4 2025 per MRNO's latest filing, from -$8.2 million in the prior quarter.
  • Over the last five years, Capital Expenditures for MRNO reached as high as $175.9 million in Q4 2023 and fell as low as -$37.9 million in Q2 2024.
  • A 3-year average of $19.6 million and a median of -$12.1 million in 2025 frame the typical range for Capital Expenditures.
  • Annual changes were most pronounced in 2024 — Capital Expenditures surged 78.44% — and 2025, when it slumped 79.37%.
  • Year by year, Capital Expenditures stood at $175.9 million in 2023, then declined by 22.0% to $137.2 million in 2024, then slumped by 79.37% to $28.3 million in 2025.
  • According to Business Quant data, Capital Expenditures over the past three periods registered $28.3 million, -$8.2 million, and $137.2 million for Q4 2025, Q1 2025, and Q4 2024 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 Vesta Real Estate Corporation, S.A.B. de C.V 29.71 Bn 29.71 Bn - -90.90 Mn
2 Howard Hughes Holdings 3.89 Bn 3.89 Bn 182.88 Mn 14.83 Mn
3 Century Communities 2.08 Bn 1.98 Bn 190.18 Mn 7.49 Mn
4 Forestar 1.51 Bn 1.12 Bn 84.10 Mn -
5 Five Point Holdings 413.20 Mn 63.83 Mn -23.72 Mn 176,000.00
6 Belpointe PREP 178.93 Mn 178.93 Mn - 10.23 Mn
7 Smith Douglas Homes 139.55 Mn 111.56 Mn 40.45 Mn 540,000.00
8 Amrep 122.61 Mn 69.92 Mn 4.41 Mn 3,000.00
9 Logistic Properties of the Americas 94.85 Mn 94.85 Mn - -26,740.00
10 Murano Global Investments 14.40 Mn -1.35 Mn - 28.30 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 28.30 Mn
Dec 31, 2025 28.30 Mn
Mar 31, 2025 -8.22 Mn
Mar 31, 2025 -8.22 Mn
Dec 31, 2024 137.23 Mn
Dec 31, 2024 137.23 Mn
Sep 30, 2024 -6.75 Mn
Sep 30, 2024 -6.75 Mn
Jun 30, 2024 -37.87 Mn
Jun 30, 2024 -37.87 Mn
Mar 31, 2024 -15.96 Mn
Mar 31, 2024 -15.96 Mn
Dec 31, 2023 175.94 Mn
Dec 31, 2023 175.94 Mn
Sep 30, 2023 -31.32 Mn
Sep 30, 2023 -31.32 Mn
Jun 30, 2023 -25.57 Mn
Jun 30, 2023 -25.57 Mn
Mar 31, 2023 -20.06 Mn
Mar 31, 2023 -20.06 Mn