Meritage Homes (MTH) Change in Inventory (2010 - 2026)
Meritage Homes' Change in Inventory came in at -$98.28 million for Q2 2026, compared with $163.8 million a year earlier.
Meritage Homes (MTH) Change in Inventory (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Meritage Homes reported Change in Inventory of -$82.9 million; for FY2025, it came in at $274.05 million, down 72.0% from FY2024.
- Change in Inventory carries a five-year compound annual growth rate of 46.9% (FY2020 to FY2025).
- Going back by year, Change in Inventory was $979.25 million in FY2024 (+174.0%), $357.41 million in FY2023 (-42.8%), $624.52 million in FY2022 (-34.1%) and $948.06 million in FY2021.
- The five-year range for quarterly Change in Inventory is -$365.58 million (Q4 2022) to $445.57 million (Q2 2022).
- Year-over-year, Change in Inventory increased in two of the last five quarters, with an average decline of 8.1%.
- The fastest year-over-year change in Change in Inventory over five years came in Q4 2021 (growth of 179.3%), and the weakest in Q1 2025 (a decline of 68.6%).
- Business Quant data shows MTH's Change in Inventory at -$34.05 million (Q1 2026), -$139.17 million (Q4 2025) and $188.61 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 39.14 Bn | 30.03 Bn | 2.15 Bn | 532.90 Mn |
| 2 | Pultegroup | 22.22 Bn | 15.51 Bn | 1.06 Bn | 430.91 Mn |
| 3 | Lennar | 17.48 Bn | 6.90 Bn | 807.31 Mn | 436.85 Mn |
| 4 | Nvr | 16.60 Bn | 9.88 Bn | 485.14 Mn | 296.78 Mn |
| 5 | Toll Brothers | 12.52 Bn | 7.91 Bn | 625.22 Mn | 328.54 Mn |
| 6 | Taylor Morrison Home | 6.77 Bn | 4.76 Bn | 290.64 Mn | 127.34 Mn |
| 7 | Champion Homes | 4.79 Bn | 2.27 Bn | - | - |
| 8 | Cavco Industries | 4.30 Bn | 3.05 Bn | - | - |
| 9 | Meritage Homes | 4.17 Bn | 1.09 Bn | 513.60 Mn | -98.28 Mn |
| 10 | M | 3.44 Bn | 510.26 Mn | 235.50 Mn | 117.81 Mn |
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 |
Meritage Homes Change in Inventory API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-inventory&ticker=MTH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-inventory", "ticker": "MTH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=change-in-inventory&ticker=MTH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();