Meritage Homes (MTH) Change in Inventory (2010 - 2026)
Meritage Homes (MTH) posted quarterly Change in Inventory of -$98.3 million for Q2 2026, down 160.0% year-over-year from $163.8 million in Q2 2025, and down 188.65% on a QoQ basis from -$34.0 million in Q1 2026.
Meritage Homes (MTH) Change in Inventory (2010 - 2026) Analysis & Trends
Meritage Homes has reported Change in Inventory for 17 years, with the latest figure at -$98.3 million in Q2 2026.
- Change in Inventory for Q2 2026 came in at -$98.3 million, down 160.0% year-over-year; the trailing twelve-month figure through Jun 2026 was -$82.9 million (down 111.0% YoY), and the FY2025 annual result was $274.1 million, down 72.01% from the prior year.
- Change in Inventory fell to -$98.3 million in Q2 2026, 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.
- The widest annual swing landed in 2022, when Change in Inventory slumped 366.22%; it then surged 6549.85% in 2024.
- A 5-year view of Change in Inventory shows it stood at -$365.6 million in 2022, then jumped by 160.14% to $219.9 million in 2023, then grew by 16.17% to $255.4 million in 2024, then sank by 154.49% to -$139.2 million in 2025, then advanced by 29.38% to -$98.3 million in 2026.
- Per Business Quant data, the three most recent Change in Inventory figures were -$98.3 million in Q2 2026, -$34.0 million in Q1 2026, and -$139.2 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 41.83 Bn | 39.70 Bn | 2.15 Bn | 532.90 Mn |
| 2 | Pultegroup | 24.22 Bn | 22.84 Bn | 1.06 Bn | 430.91 Mn |
| 3 | Lennar | 20.66 Bn | 18.48 Bn | 7.69 Bn | 436.85 Mn |
| 4 | Nvr | 16.91 Bn | 15.81 Bn | 485.14 Mn | 296.78 Mn |
| 5 | Toll Brothers | 13.77 Bn | 12.66 Bn | 604.89 Mn | 175.80 Mn |
| 6 | Taylor Morrison Home | 6.77 Bn | 6.12 Bn | 290.64 Mn | 127.34 Mn |
| 7 | Installed Building Products | 6.56 Bn | 6.16 Bn | 258.90 Mn | 17.40 Mn |
| 8 | Champion Homes | 5.08 Bn | 4.44 Bn | - | - |
| 9 | Meritage Homes | 4.72 Bn | 3.91 Bn | 254.14 Mn | -98.28 Mn |
| 10 | Cavco Industries | 4.60 Bn | 4.34 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -98.28 Mn |
| Jun 30, 2026 | -98.28 Mn |
| 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 |