Meritage Homes (MTH) Accumulated Expenses (2010 - 2026)
Meritage Homes' Accumulated Expenses came in at $423.87 million for Q2 2026, up 4.3% from $406.44 million a year earlier and up 3.7% from the prior quarter.
Meritage Homes (MTH) Accumulated Expenses (2010 - 2026) Analysis & Trends
At the end of FY2025, Meritage Homes' Accumulated Expenses was $387.7 million, down 14.3% from FY2024.
- Accumulated Expenses carries a five-year compound annual growth rate of 5.5% (FY2020 to FY2025).
- Going back by year, Accumulated Expenses was $452.21 million in FY2024 (+6.5%), $424.76 million in FY2023 (+17.8%), $360.62 million in FY2022 (+6.9%) and $337.28 million in FY2021 (+13.9%).
- The Q2 2026 figure represents the highest quarterly Accumulated Expenses since Q4 2024.
- Year-over-year, Accumulated Expenses increased in five of the last eight quarters, with an average decline of 0.1%.
- The fastest year-over-year change in Accumulated Expenses over five years came in Q1 2022 (growth of 25.2%), and the weakest in Q4 2025 (a decline of 14.3%).
- Business Quant data shows MTH's Accumulated Expenses at $408.72 million (Q1 2026), $387.7 million (Q4 2025) and $414.72 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Horton D R | 39.23 Bn | 29.53 Bn | 2.15 Bn |
| 2 | Pultegroup | 21.49 Bn | 14.78 Bn | 1.06 Bn |
| 3 | Lennar | 18.48 Bn | 8.85 Bn | 618.54 Mn |
| 4 | Nvr | 15.99 Bn | 9.28 Bn | 485.14 Mn |
| 5 | Toll Brothers | 12.69 Bn | 8.07 Bn | 625.22 Mn |
| 6 | Champion Homes | 4.23 Bn | 1.71 Bn | - |
| 7 | Cavco Industries | 4.02 Bn | 2.77 Bn | - |
| 8 | Meritage Homes | 3.91 Bn | 831.07 Mn | 513.60 Mn |
| 9 | M | 2.95 Bn | 20.36 Mn | 235.50 Mn |
| 10 | Kb Home | 2.62 Bn | 1.82 Bn | -857.09 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 423.87 Mn |
| Mar 31, 2026 | 408.72 Mn |
| Dec 31, 2025 | 387.70 Mn |
| Sep 30, 2025 | 414.72 Mn |
| Jun 30, 2025 | 406.44 Mn |
| Mar 31, 2025 | 422.71 Mn |
| Dec 31, 2024 | 452.21 Mn |
| Sep 30, 2024 | 439.87 Mn |
| Jun 30, 2024 | 388.98 Mn |
| Mar 31, 2024 | 418.22 Mn |
| Dec 31, 2023 | 424.76 Mn |
| Sep 30, 2023 | 413.09 Mn |
| Jun 30, 2023 | 336.10 Mn |
| Mar 31, 2023 | 341.63 Mn |
| Dec 31, 2022 | 360.62 Mn |
| Sep 30, 2022 | 353.51 Mn |
| Jun 30, 2022 | 326.86 Mn |
| Mar 31, 2022 | 388.92 Mn |
| Dec 31, 2021 | 337.28 Mn |
| Sep 30, 2021 | 324.41 Mn |
Meritage Homes Accumulated Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=MTH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accumulated-expenses", "ticker": "MTH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=MTH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();