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

Meritage Homes' (MTH) quarterly Change in Inventory came in at -$34.0 million in Q1 2026, down 155.98% year-on-year from $60.8 million in Q1 2025, and up 75.53% on a QoQ basis 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.

  • On a quarterly basis, Change in Inventory fell 155.98% year-over-year to -$34.0 million in Q1 2026; TTM through Mar 2026 was $179.2 million, a 78.84% 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 for Q1 2026 stood at -$34.0 million, up from -$139.2 million in the prior quarter.
  • Over the last five years, Change in Inventory for MTH reached as high as $445.6 million in Q2 2022 and fell as low as -$365.6 million in Q4 2022.
  • Historically, Change in Inventory has averaged $129.5 million across 5 years, with a median of $188.6 million in 2025.
  • Across the five-year window, Change in Inventory plunged 366.22% in 2022 and surged 6549.85% in 2024, its largest moves.
  • Year by year, Change in Inventory stood at -$365.6 million in 2022, then soared by 160.14% to $219.9 million in 2023, then rose by 16.17% to $255.4 million in 2024, then tumbled by 154.49% to -$139.2 million in 2025, then jumped by 75.53% to -$34.0 million in 2026.
  • Per Business Quant data, the three most recent Change in Inventory figures were -$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 40.90 Bn 39.56 Bn 2.15 Bn 532.90 Mn
2 Pultegroup 23.36 Bn 22.03 Bn 3.92 Bn 430.91 Mn
3 Lennar 19.77 Bn 19.63 Bn 7.69 Bn 436.85 Mn
4 Nvr 17.18 Bn 15.54 Bn 1.31 Bn 214.95 Mn
5 Toll Brothers 15.08 Bn 13.99 Bn 604.89 Mn 175.80 Mn
6 Taylor Morrison Home 6.96 Bn 6.31 Bn 290.64 Mn 127.34 Mn
7 Installed Building Products 5.97 Bn 5.50 Bn 212.30 Mn 2.10 Mn
8 Meritage Homes 4.78 Bn 4.01 Bn 68.61 Mn -34.05 Mn
9 Champion Homes 4.47 Bn 3.81 Bn 172.19 Mn -11.15 Mn
10 M 4.43 Bn 3.66 Bn 202.59 Mn -41.77 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