Meritage Homes (MTH) Capital Expenditures (2010 - 2026)
Meritage Homes (MTH) posted quarterly Capital Expenditures of $5.6 million for Q2 2026, down 17.72% year-over-year from $6.8 million in Q2 2025, and up 29.25% on a QoQ basis from $4.3 million in Q1 2026.
Meritage Homes (MTH) Capital Expenditures (2010 - 2026) Analysis & Trends
Meritage Homes has reported Capital Expenditures for 17 years, with the latest figure at $5.6 million in Q2 2026.
- Capital Expenditures for Q2 2026 came in at $5.6 million, down 17.72% year-over-year; the trailing twelve-month figure through Jun 2026 was $23.2 million (down 16.58% YoY), and the FY2025 annual result was $25.7 million, down 10.24% from the prior year.
- Capital Expenditures advanced to $5.6 million in Q2 2026, from $4.3 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 $7.2 million and a median of $6.8 million in 2024 frame the typical range for Capital Expenditures.
- The widest annual swing landed in 2023, when Capital Expenditures soared 90.31%; it then tumbled 43.6% in 2024.
- A 5-year view of Capital Expenditures shows it stood at $7.4 million in 2022, then decreased by 6.23% to $7.0 million in 2023, then gained by 7.36% to $7.5 million in 2024, then retreated by 25.48% to $5.6 million in 2025, then declined by 0.16% to $5.6 million in 2026.
- Per Business Quant data, the three most recent Capital Expenditures figures were $5.6 million in Q2 2026, $4.3 million in Q1 2026, and $5.6 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 41.98 Bn | 39.85 Bn | 2.15 Bn | 42.00 Mn |
| 2 | Pultegroup | 24.45 Bn | 23.08 Bn | 1.06 Bn | 29.90 Mn |
| 3 | Lennar | 20.97 Bn | 18.79 Bn | 7.69 Bn | 18.86 Mn |
| 4 | Nvr | 17.21 Bn | 16.12 Bn | 485.14 Mn | 6.15 Mn |
| 5 | Toll Brothers | 14.01 Bn | 12.90 Bn | 604.89 Mn | 24.47 Mn |
| 6 | Taylor Morrison Home | 6.77 Bn | 6.12 Bn | 290.64 Mn | 9.96 Mn |
| 7 | Installed Building Products | 6.61 Bn | 6.21 Bn | 258.90 Mn | 16.90 Mn |
| 8 | Champion Homes | 5.07 Bn | 4.43 Bn | - | - |
| 9 | Meritage Homes | 4.73 Bn | 3.93 Bn | 254.14 Mn | 5.57 Mn |
| 10 | Cavco Industries | 4.55 Bn | 4.29 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 5.57 Mn |
| Jun 30, 2026 | 5.57 Mn |
| 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 |