Meritage Homes (MTH) Capital Expenditures (2010 - 2026)
Meritage Homes (MTH) posted Capital Expenditures of $5.57 million for Q2 2026, down 17.7% from $6.77 million a year earlier but up 29.2% from the prior quarter.
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Analysis
Meritage Homes (MTH) Capital Expenditures (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Capital Expenditures at Meritage Homes was $23.24 million, down 16.6% year-over-year; for FY2025, it came in at $25.72 million, down 10.2% from FY2024.
- Annual Capital Expenditures shows a five-year compound annual growth rate of 5.2% (FY2020 to FY2025).
- In prior years, Meritage Homes' Capital Expenditures was $28.66 million in FY2024 (-25.0%), $38.19 million in FY2023 (+41.6%), $26.97 million in FY2022 (+5.1%) and $25.66 million in FY2021 (+28.8%).
- Quarterly Capital Expenditures has run from a low of $4.31 million in Q1 2026 to a high of $12.24 million in Q2 2023 over five years.
- On a year-over-year basis, Capital Expenditures has declined in each of the last six quarters, with an average decline of 11.8% over the last eight quarters.
- The strongest year-over-year quarter for Capital Expenditures in the past five years was Q2 2023, with growth of 90.3%; the weakest was Q2 2024, with a decline of 43.6%.
- According to Business Quant data, Capital Expenditures for the three prior quarters was $4.31 million (Q1 2026), $5.58 million (Q4 2025) and $7.79 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 38.33 Bn | 29.22 Bn | 2.15 Bn | 42.00 Mn |
| 2 | Pultegroup | 21.75 Bn | 15.04 Bn | 1.06 Bn | 29.90 Mn |
| 3 | Lennar | 17.19 Bn | 6.61 Bn | 807.31 Mn | 18.86 Mn |
| 4 | Nvr | 16.44 Bn | 9.72 Bn | 485.14 Mn | 6.15 Mn |
| 5 | Toll Brothers | 12.42 Bn | 7.81 Bn | 625.22 Mn | 30.70 Mn |
| 6 | Taylor Morrison Home | 6.77 Bn | 4.76 Bn | 290.64 Mn | 9.96 Mn |
| 7 | Champion Homes | 4.74 Bn | 2.22 Bn | - | - |
| 8 | Cavco Industries | 4.34 Bn | 3.09 Bn | - | - |
| 9 | Meritage Homes | 4.10 Bn | 1.02 Bn | 513.60 Mn | 5.57 Mn |
| 10 | M | 3.42 Bn | 491.29 Mn | 235.50 Mn | 5.37 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.57 Mn |
| Mar 31, 2026 | 4.31 Mn |
| Dec 31, 2025 | 5.58 Mn |
| Sep 30, 2025 | 7.79 Mn |
| Jun 30, 2025 | 6.77 Mn |
| Mar 31, 2025 | 5.59 Mn |
| Dec 31, 2024 | 7.48 Mn |
| Sep 30, 2024 | 8.02 Mn |
| Jun 30, 2024 | 6.90 Mn |
| Mar 31, 2024 | 6.26 Mn |
| Dec 31, 2023 | 6.97 Mn |
| Sep 30, 2023 | 10.09 Mn |
| Jun 30, 2023 | 12.24 Mn |
| Mar 31, 2023 | 8.90 Mn |
| Dec 31, 2022 | 7.43 Mn |
| Sep 30, 2022 | 6.69 Mn |
| Jun 30, 2022 | 6.43 Mn |
| Mar 31, 2022 | 6.42 Mn |
| Dec 31, 2021 | 7.75 Mn |
| Sep 30, 2021 | 6.94 Mn |
API Access
Meritage Homes Capital Expenditures 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=capital-expenditures&ticker=MTH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "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=capital-expenditures&ticker=MTH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();