Meritage Homes (MTH) Change in Receivables (2014 - 2026)
Meritage Homes (MTH) reported Change in Receivables of -$29.0 million for Q1 2026, down 177.1% year-over-year from $37.6 million in Q1 2025, and down 28.54% quarter-over-quarter 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.
- Change in Receivables for Q1 2026 came in at -$29.0 million, down 177.1% year-over-year; the trailing twelve-month figure through Mar 2026 was -$11.4 million (down 122.06% YoY), and the FY2025 annual result was $55.3 million, up 238.94% from the prior year.
- Change in Receivables retreated to -$29.0 million in Q1 2026 per MTH's latest filing, from -$22.6 million in the prior quarter.
- Over five years, Change in Receivables peaked at $54.7 million in Q4 2023 and troughed at -$53.8 million in Q1 2024.
- A 5-year average of $9.0 million and a median of $13.8 million in 2022 frame the typical range for Change in Receivables.
- The sharpest annual moves came in 2023 and 2024: Change in Receivables jumped 1582.21% in 2023, then plunged 557.65% in 2024.
- A 5-year view of Change in Receivables shows it stood at $13.8 million in 2022, then soared by 297.31% to $54.7 million in 2023, then slumped by 159.33% to -$32.5 million in 2024, then jumped by 30.47% to -$22.6 million in 2025, then declined by 28.54% to -$29.0 million in 2026.
- Business Quant data shows MTH's Change in Receivables at -$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 | 43.54 Bn | 42.20 Bn | 1.70 Bn | - |
| 2 | Pultegroup | 23.57 Bn | 21.76 Bn | 881.27 Mn | - |
| 3 | Lennar | 22.65 Bn | 20.45 Bn | 6.36 Bn | -296.23 Mn |
| 4 | Nvr | 17.80 Bn | 16.15 Bn | 1.31 Bn | -49.90 Mn |
| 5 | Toll Brothers | 13.73 Bn | 12.64 Bn | 604.89 Mn | - |
| 6 | Taylor Morrison Home | 6.88 Bn | 6.88 Bn | 290.64 Mn | - |
| 7 | Installed Building Products | 5.53 Bn | 5.05 Bn | 212.30 Mn | -19.40 Mn |
| 8 | Meritage Homes | 4.85 Bn | 4.09 Bn | -269,000.00 | -29.02 Mn |
| 9 | Cavco Industries | 4.56 Bn | 4.52 Bn | 135.92 Mn | -15.01 Mn |
| 10 | Champion Homes | 4.39 Bn | 3.74 Bn | 172.19 Mn | -27.08 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 |