Meritage Homes (MTH) Change in Inventory (2010 - 2026)
Meritage Homes' (MTH) quarterly Change in Inventory came in at -$98.3 million in Q2 2026, down 160.0% year-over-year from $163.8 million in Q2 2025, and down 188.65% quarter-over-quarter from -$34.0 million in Q1 2026.
Analysis
Meritage Homes (MTH) Change in Inventory (2010 - 2026) Analysis & Trends
Meritage Homes (MTH) has reported Change in Inventory for 17 consecutive years, with -$98.3 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Change in Inventory fell 160.0% year-over-year to -$98.3 million in Q2 2026; TTM through Jun 2026 was -$82.9 million, a 111.0% decrease from a year earlier, with the FY2025 full-year figure at $274.1 million, down 72.01% from the prior year.
- Change in Inventory was -$98.3 million for Q2 2026 at Meritage Homes, down from -$34.0 million in the prior quarter.
- Over five years, Change in Inventory peaked at $445.6 million in Q2 2022 and troughed at -$365.6 million in Q4 2022.
- A 5-year average of $116.8 million and a median of $176.2 million in 2025 frame the typical range for Change in Inventory.
- Across the five-year window, Change in Inventory tumbled 366.22% in 2022 and soared 6549.85% in 2024, its largest moves.
- Over 5 years, Change in Inventory stood at -$365.6 million in 2022, then surged by 160.14% to $219.9 million in 2023, then advanced by 16.17% to $255.4 million in 2024, then tumbled by 154.49% to -$139.2 million in 2025, then rose by 29.38% to -$98.3 million in 2026.
- The last three Change in Inventory figures came in at -$98.3 million (Q2 2026), -$34.0 million (Q1 2026), and -$139.2 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 38.10 Bn | 35.96 Bn | 2.15 Bn | 532.90 Mn |
| 2 | Pultegroup | 21.96 Bn | 20.59 Bn | 1.06 Bn | 430.91 Mn |
| 3 | Lennar | 18.67 Bn | 16.48 Bn | 7.69 Bn | 436.85 Mn |
| 4 | Nvr | 16.45 Bn | 15.36 Bn | 485.14 Mn | 296.78 Mn |
| 5 | Toll Brothers | 12.36 Bn | 11.30 Bn | 625.22 Mn | 328.54 Mn |
| 6 | Taylor Morrison Home | 6.77 Bn | 6.12 Bn | 290.64 Mn | 127.34 Mn |
| 7 | Meritage Homes | 4.06 Bn | 3.25 Bn | 254.14 Mn | -98.28 Mn |
| 8 | M | 3.55 Bn | 2.81 Bn | 235.50 Mn | 117.81 Mn |
| 9 | Kb Home | 2.95 Bn | 2.89 Bn | 174.03 Mn | 35.58 Mn |
| 10 | Green Brick Partners | 2.91 Bn | 2.78 Bn | 157.52 Mn | 97.55 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -98.28 Mn |
| Mar 31, 2026 | -34.05 Mn |
| Dec 31, 2025 | -139.17 Mn |
| Sep 30, 2025 | 188.61 Mn |
| Jun 30, 2025 | 163.80 Mn |
| Mar 31, 2025 | 60.82 Mn |
| Dec 31, 2024 | 255.42 Mn |
| Sep 30, 2024 | 273.28 Mn |
| Jun 30, 2024 | 257.12 Mn |
| Mar 31, 2024 | 193.43 Mn |
| Dec 31, 2023 | 219.87 Mn |
| Sep 30, 2023 | 152.49 Mn |
| Jun 30, 2023 | -11.95 Mn |
| Mar 31, 2023 | -3.00 Mn |
| Dec 31, 2022 | -365.58 Mn |
| Sep 30, 2022 | 260.66 Mn |
| Jun 30, 2022 | 445.57 Mn |
| Mar 31, 2022 | 283.89 Mn |
| Dec 31, 2021 | 137.32 Mn |
| Sep 30, 2021 | 341.00 Mn |