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| 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 |