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
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