Meritage Homes (MTH) Capital Expenditures (2010 - 2026)
Meritage Homes (MTH) reported Capital Expenditures of $4.3 million for Q1 2026, down 22.96% year-over-year from $5.6 million in Q1 2025, and down 22.75% quarter-over-quarter 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.
- Capital Expenditures for Q1 2026 came in at $4.3 million, down 22.96% year-over-year; the trailing twelve-month figure through Mar 2026 was $24.4 million (down 12.7% YoY), and the FY2025 annual result was $25.7 million, down 10.24% from the prior year.
- Capital Expenditures retreated to $4.3 million in Q1 2026 per MTH's latest filing, from $5.6 million in the prior quarter.
- Over five years, Capital Expenditures peaked at $12.2 million in Q2 2023 and troughed at $4.3 million in Q1 2026.
- A 5-year average of $7.3 million and a median of $6.9 million in 2024 frame the typical range for Capital Expenditures.
- The sharpest annual moves came in 2023 and 2024: Capital Expenditures surged 90.31% in 2023, then tumbled 43.6% in 2024.
- A 5-year view of Capital Expenditures shows it stood at $7.4 million in 2022, then retreated by 6.23% to $7.0 million in 2023, then rose by 7.36% to $7.5 million in 2024, then fell by 25.48% to $5.6 million in 2025, then declined by 22.75% to $4.3 million in 2026.
- Business Quant data shows MTH's Capital Expenditures at $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 | 43.54 Bn | 42.20 Bn | 1.70 Bn | 37.20 Mn |
| 2 | Pultegroup | 23.57 Bn | 21.76 Bn | 881.27 Mn | 25.40 Mn |
| 3 | Lennar | 22.65 Bn | 20.45 Bn | 6.36 Bn | 29.99 Mn |
| 4 | Nvr | 17.80 Bn | 16.15 Bn | 1.31 Bn | 4.87 Mn |
| 5 | Toll Brothers | 13.73 Bn | 12.64 Bn | 604.89 Mn | 24.47 Mn |
| 6 | Taylor Morrison Home | 6.88 Bn | 6.88 Bn | 290.64 Mn | 9.96 Mn |
| 7 | Installed Building Products | 5.53 Bn | 5.05 Bn | 212.30 Mn | 16.60 Mn |
| 8 | Meritage Homes | 4.85 Bn | 4.09 Bn | -269,000.00 | 4.31 Mn |
| 9 | Cavco Industries | 4.56 Bn | 4.52 Bn | 135.92 Mn | 8.49 Mn |
| 10 | Champion Homes | 4.39 Bn | 3.74 Bn | 172.19 Mn | 7.10 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |