Meritage Homes (MTH) Capital Expenditures (2010 - 2026)
Meritage Homes' (MTH) quarterly Capital Expenditures came in at $5.6 million in Q2 2026, down 17.72% year-over-year from $6.8 million in Q2 2025, and up 29.25% quarter-over-quarter from $4.3 million in Q1 2026.
Analysis
Meritage Homes (MTH) Capital Expenditures (2010 - 2026) Analysis & Trends
Meritage Homes (MTH) has reported Capital Expenditures for 17 consecutive years, with $5.6 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Capital Expenditures fell 17.72% year-over-year to $5.6 million in Q2 2026; TTM through Jun 2026 was $23.2 million, a 16.58% decrease from a year earlier, with the FY2025 full-year figure at $25.7 million, down 10.24% from the prior year.
- Capital Expenditures was $5.6 million for Q2 2026 at Meritage Homes, up 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.
- Across the five-year window, Capital Expenditures jumped 90.31% in 2023 and plunged 43.6% in 2024, its largest moves.
- Over 5 years, Capital Expenditures stood at $7.4 million in 2022, then fell by 6.23% to $7.0 million in 2023, then increased by 7.36% to $7.5 million in 2024, then declined by 25.48% to $5.6 million in 2025, then slipped by 0.16% to $5.6 million in 2026.
- The last three Capital Expenditures figures came in at $5.6 million (Q2 2026), $4.3 million (Q1 2026), and $5.6 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 38.17 Bn | 36.03 Bn | 2.15 Bn | 42.00 Mn |
| 2 | Pultegroup | 21.99 Bn | 20.62 Bn | 1.06 Bn | 29.90 Mn |
| 3 | Lennar | 18.75 Bn | 16.57 Bn | 7.69 Bn | 18.86 Mn |
| 4 | Nvr | 16.44 Bn | 15.35 Bn | 485.14 Mn | 6.15 Mn |
| 5 | Toll Brothers | 12.40 Bn | 11.34 Bn | 625.22 Mn | 30.70 Mn |
| 6 | Taylor Morrison Home | 6.77 Bn | 6.12 Bn | 290.64 Mn | 9.96 Mn |
| 7 | Meritage Homes | 4.07 Bn | 3.26 Bn | 254.14 Mn | 5.57 Mn |
| 8 | M | 3.57 Bn | 2.83 Bn | 235.50 Mn | 5.37 Mn |
| 9 | Kb Home | 2.95 Bn | 2.88 Bn | 174.03 Mn | 9.67 Mn |
| 10 | Green Brick Partners | 2.91 Bn | 2.78 Bn | 157.52 Mn | 963,000.00 |
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 |