Meritage Homes (MTH) Capital Expenditures (2010 - 2026)

Meritage Homes' (MTH) quarterly Capital Expenditures came in at $4.3 million in Q1 2026, down 22.96% year-on-year from $5.6 million in Q1 2025, and down 22.75% on a QoQ basis from $5.6 million in Q4 2025.

Meritage Homes (MTH) Capital Expenditures (2010 - 2026) Analysis & Trends

Meritage Homes (MTH) has 17 years of Capital Expenditures data on file, last reported at $4.3 million in Q1 2026.

  • On a quarterly basis, Capital Expenditures fell 22.96% year-over-year to $4.3 million in Q1 2026; TTM through Mar 2026 was $24.4 million, a 12.7% decrease from a year earlier, with the FY2025 full-year figure at $25.7 million, down 10.24% from the prior year.
  • Capital Expenditures for Q1 2026 stood at $4.3 million, down from $5.6 million in the prior quarter.
  • Over the last five years, Capital Expenditures for MTH reached as high as $12.2 million in Q2 2023 and fell as low as $4.3 million in Q1 2026.
  • Historically, Capital Expenditures has averaged $7.3 million across 5 years, with a median of $6.9 million in 2024.
  • Across the five-year window, Capital Expenditures soared 90.31% in 2023 and sank 43.6% in 2024, its largest moves.
  • Year by year, Capital Expenditures stood at $7.4 million in 2022, then dropped by 6.23% to $7.0 million in 2023, then climbed by 7.36% to $7.5 million in 2024, then slipped by 25.48% to $5.6 million in 2025, then decreased by 22.75% to $4.3 million in 2026.
  • Per Business Quant data, the three most recent Capital Expenditures figures were $4.3 million in Q1 2026, $5.6 million in Q4 2025, and $7.8 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 Horton D R 40.90 Bn 39.56 Bn 2.15 Bn 42.00 Mn
2 Pultegroup 23.36 Bn 22.03 Bn 3.92 Bn 29.90 Mn
3 Lennar 19.77 Bn 19.63 Bn 7.69 Bn 18.86 Mn
4 Nvr 17.18 Bn 15.54 Bn 1.31 Bn 4.87 Mn
5 Toll Brothers 15.08 Bn 13.99 Bn 604.89 Mn 24.47 Mn
6 Taylor Morrison Home 6.96 Bn 6.31 Bn 290.64 Mn 9.96 Mn
7 Installed Building Products 5.97 Bn 5.50 Bn 212.30 Mn 16.60 Mn
8 Meritage Homes 4.78 Bn 4.01 Bn 68.61 Mn 4.31 Mn
9 Champion Homes 4.47 Bn 3.81 Bn 172.19 Mn 7.10 Mn
10 M 4.43 Bn 3.66 Bn 202.59 Mn 154,000.00

Historic Data

Download Data
DateValue
Mar 31, 2026 4.31 Mn
Mar 31, 2026 4.31 Mn
Dec 31, 2025 5.58 Mn
Dec 31, 2025 5.58 Mn
Sep 30, 2025 7.79 Mn
Sep 30, 2025 7.79 Mn
Jun 30, 2025 6.77 Mn
Jun 30, 2025 6.77 Mn
Mar 31, 2025 5.59 Mn
Mar 31, 2025 5.59 Mn
Dec 31, 2024 7.48 Mn
Dec 31, 2024 7.48 Mn
Sep 30, 2024 8.02 Mn
Sep 30, 2024 8.02 Mn
Jun 30, 2024 6.90 Mn
Jun 30, 2024 6.90 Mn
Mar 31, 2024 6.26 Mn
Mar 31, 2024 6.26 Mn
Dec 31, 2023 6.97 Mn
Dec 31, 2023 6.97 Mn