Meritage Homes (MTH) Inventory (2010 - 2026)
Meritage Homes' Inventory was $5.89 billion in Q2 2026, down 1.2% from $5.96 billion a year earlier and down 1.2% from the prior quarter.
Analysis
Meritage Homes (MTH) Inventory (2010 - 2026) Analysis & Trends
At the end of FY2025, Inventory at Meritage Homes came in at $5.99 billion, up 4.5% from FY2024.
- Inventory has now increased for 15 consecutive years, with a five-year compound annual growth rate of 16.6% (FY2020 to FY2025).
- In earlier years, Inventory was $5.73 billion in FY2024 (+21.3%), $4.72 billion in FY2023 (+8.3%), $4.36 billion in FY2022 (+16.7%) and $3.73 billion in FY2021 (+34.4%).
- The Q2 2026 figure marks the lowest quarterly Inventory since Q1 2025.
- Compared with a year earlier, Inventory was higher in seven of the last eight quarters, with growth averaging 11.8%.
- The best year-over-year quarter for Inventory over five years was Q2 2022 (growth of 37.6%); the worst was Q3 2023 (a decline of 4.8%).
- Per Business Quant data, MTH's Inventory in the three quarters before Q2 2026 was $5.96 billion (Q1 2026), $5.99 billion (Q4 2025) and $6.14 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 39.14 Bn | 30.03 Bn | 2.15 Bn | 26.69 Bn |
| 2 | Pultegroup | 22.34 Bn | 15.63 Bn | 1.06 Bn | 13.72 Bn |
| 3 | Lennar | 17.27 Bn | 6.70 Bn | 807.31 Mn | 12.58 Bn |
| 4 | Nvr | 16.72 Bn | 10.01 Bn | 485.14 Mn | - |
| 5 | Toll Brothers | 12.58 Bn | 7.96 Bn | 625.22 Mn | 11.65 Bn |
| 6 | Taylor Morrison Home | 6.77 Bn | 4.76 Bn | 290.64 Mn | 6.24 Bn |
| 7 | Champion Homes | 4.80 Bn | 2.28 Bn | - | 358.31 Mn |
| 8 | Cavco Industries | 4.31 Bn | 3.07 Bn | - | 295.67 Mn |
| 9 | Meritage Homes | 4.24 Bn | 1.16 Bn | 513.60 Mn | 5.89 Bn |
| 10 | M | 3.48 Bn | 550.71 Mn | 235.50 Mn | 3.51 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.89 Bn |
| Mar 31, 2026 | 5.96 Bn |
| Dec 31, 2025 | 5.99 Bn |
| Sep 30, 2025 | 6.14 Bn |
| Jun 30, 2025 | 5.96 Bn |
| Mar 31, 2025 | 5.80 Bn |
| Dec 31, 2024 | 5.73 Bn |
| Sep 30, 2024 | 5.46 Bn |
| Jun 30, 2024 | 5.18 Bn |
| Mar 31, 2024 | 4.91 Bn |
| Dec 31, 2023 | 4.72 Bn |
| Sep 30, 2023 | 4.50 Bn |
| Jun 30, 2023 | 4.35 Bn |
| Mar 31, 2023 | 4.36 Bn |
| Dec 31, 2022 | 4.36 Bn |
| Sep 30, 2022 | 4.73 Bn |
| Jun 30, 2022 | 4.47 Bn |
| Mar 31, 2022 | 4.03 Bn |
| Dec 31, 2021 | 3.73 Bn |
| Sep 30, 2021 | 3.59 Bn |
API Access
Meritage Homes 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=inventory&ticker=MTH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "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=inventory&ticker=MTH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();