Meritage Homes (MTH) Change in Inventory (2010 - 2026)

Meritage Homes (MTH) reported Change in Inventory of -$34.0 million for Q1 2026, down 155.98% year-over-year from $60.8 million in Q1 2025, and up 75.53% quarter-over-quarter from -$139.2 million in Q4 2025.

Meritage Homes (MTH) Change in Inventory (2010 - 2026) Analysis & Trends

Meritage Homes (MTH) has 17 years of Change in Inventory data on file, last reported at -$34.0 million in Q1 2026.

  • Change in Inventory for Q1 2026 came in at -$34.0 million, down 155.98% year-over-year; the trailing twelve-month figure through Mar 2026 was $179.2 million (down 78.84% YoY), and the FY2025 annual result was $274.1 million, down 72.01% from the prior year.
  • Change in Inventory grew to -$34.0 million in Q1 2026 per MTH's latest filing, from -$139.2 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 $129.5 million and a median of $188.6 million in 2025 frame the typical range for Change in Inventory.
  • The sharpest annual moves came in 2022 and 2024: Change in Inventory slumped 366.22% in 2022, then jumped 6549.85% in 2024.
  • A 5-year view of Change in Inventory shows it stood at -$365.6 million in 2022, then soared by 160.14% to $219.9 million in 2023, then climbed by 16.17% to $255.4 million in 2024, then slumped by 154.49% to -$139.2 million in 2025, then jumped by 75.53% to -$34.0 million in 2026.
  • Business Quant data shows MTH's Change in Inventory at -$34.0 million in Q1 2026, -$139.2 million in Q4 2025, and $188.6 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Inventory (Qtr)
1 Horton D R 43.54 Bn 42.20 Bn 1.70 Bn 1.28 Bn
2 Pultegroup 23.57 Bn 21.76 Bn 881.27 Mn 376.39 Mn
3 Lennar 22.65 Bn 20.45 Bn 6.36 Bn 652.02 Mn
4 Nvr 17.80 Bn 16.15 Bn 1.31 Bn 214.95 Mn
5 Toll Brothers 13.73 Bn 12.64 Bn 604.89 Mn 175.80 Mn
6 Taylor Morrison Home 6.88 Bn 6.88 Bn 290.64 Mn 127.34 Mn
7 Installed Building Products 5.53 Bn 5.05 Bn 212.30 Mn 2.10 Mn
8 Meritage Homes 4.85 Bn 4.09 Bn -269,000.00 -34.05 Mn
9 Cavco Industries 4.56 Bn 4.52 Bn 135.92 Mn -15.74 Mn
10 Champion Homes 4.39 Bn 3.74 Bn 172.19 Mn -11.15 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -34.05 Mn
Mar 31, 2026 -34.05 Mn
Dec 31, 2025 -139.17 Mn
Dec 31, 2025 -139.17 Mn
Sep 30, 2025 188.61 Mn
Sep 30, 2025 188.61 Mn
Jun 30, 2025 163.80 Mn
Jun 30, 2025 163.80 Mn
Mar 31, 2025 60.82 Mn
Mar 31, 2025 60.82 Mn
Dec 31, 2024 255.42 Mn
Dec 31, 2024 255.42 Mn
Sep 30, 2024 273.28 Mn
Sep 30, 2024 273.28 Mn
Jun 30, 2024 257.12 Mn
Jun 30, 2024 257.12 Mn
Mar 31, 2024 193.43 Mn
Mar 31, 2024 193.43 Mn
Dec 31, 2023 219.87 Mn
Dec 31, 2023 219.87 Mn