Meritage Homes (MTH) Change in Receivables (2014 - 2026)
Meritage Homes' (MTH) quarterly Change in Receivables came in at -$29.0 million in Q1 2026, down 177.1% year-on-year from $37.6 million in Q1 2025, and down 28.54% on a QoQ basis from -$22.6 million in Q4 2025.
Meritage Homes (MTH) Change in Receivables (2014 - 2026) Analysis & Trends
Meritage Homes (MTH) has 13 years of Change in Receivables data on file, last reported at -$29.0 million in Q1 2026.
- On a quarterly basis, Change in Receivables fell 177.1% year-over-year to -$29.0 million in Q1 2026; TTM through Mar 2026 was -$11.4 million, a 122.06% decrease from a year earlier, with the FY2025 full-year figure at $55.3 million, up 238.94% from the prior year.
- Change in Receivables for Q1 2026 stood at -$29.0 million, down from -$22.6 million in the prior quarter.
- Over the last five years, Change in Receivables for MTH reached as high as $54.7 million in Q4 2023 and fell as low as -$53.8 million in Q1 2024.
- Historically, Change in Receivables has averaged $9.0 million across 5 years, with a median of $13.8 million in 2022.
- Across the five-year window, Change in Receivables surged 1582.21% in 2023 and slumped 557.65% in 2024, its largest moves.
- Year by year, Change in Receivables stood at $13.8 million in 2022, then soared by 297.31% to $54.7 million in 2023, then tumbled by 159.33% to -$32.5 million in 2024, then jumped by 30.47% to -$22.6 million in 2025, then decreased by 28.54% to -$29.0 million in 2026.
- Per Business Quant data, the three most recent Change in Receivables figures were -$29.0 million in Q1 2026, -$22.6 million in Q4 2025, and $34.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 40.90 Bn | 39.56 Bn | 2.15 Bn | - |
| 2 | Pultegroup | 23.36 Bn | 22.03 Bn | 3.92 Bn | - |
| 3 | Lennar | 19.77 Bn | 19.63 Bn | 7.69 Bn | 167.71 Mn |
| 4 | Nvr | 17.18 Bn | 15.54 Bn | 1.31 Bn | -49.90 Mn |
| 5 | Toll Brothers | 15.08 Bn | 13.99 Bn | 604.89 Mn | - |
| 6 | Taylor Morrison Home | 6.96 Bn | 6.31 Bn | 290.64 Mn | - |
| 7 | Installed Building Products | 5.97 Bn | 5.50 Bn | 212.30 Mn | -19.40 Mn |
| 8 | Meritage Homes | 4.78 Bn | 4.01 Bn | 68.61 Mn | -29.02 Mn |
| 9 | Champion Homes | 4.47 Bn | 3.81 Bn | 172.19 Mn | -27.08 Mn |
| 10 | M | 4.43 Bn | 3.66 Bn | 202.59 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -29.02 Mn |
| Mar 31, 2026 | -29.02 Mn |
| Dec 31, 2025 | -22.58 Mn |
| Dec 31, 2025 | -22.58 Mn |
| Sep 30, 2025 | 34.58 Mn |
| Sep 30, 2025 | 34.58 Mn |
| Jun 30, 2025 | 5.63 Mn |
| Jun 30, 2025 | 5.63 Mn |
| Mar 31, 2025 | 37.64 Mn |
| Mar 31, 2025 | 37.64 Mn |
| Dec 31, 2024 | -32.47 Mn |
| Dec 31, 2024 | -32.47 Mn |
| Sep 30, 2024 | 16.93 Mn |
| Sep 30, 2024 | 16.93 Mn |
| Jun 30, 2024 | 29.53 Mn |
| Jun 30, 2024 | 29.53 Mn |
| Mar 31, 2024 | -53.77 Mn |
| Mar 31, 2024 | -53.77 Mn |
| Dec 31, 2023 | 54.72 Mn |
| Dec 31, 2023 | 54.72 Mn |