Meritage Homes (MTH) Notes Payables (2010 - 2026)
Meritage Homes (MTH) reported Notes Payables of $35.0 million for Q1 2026, down 0.55% year-over-year from $35.2 million in Q1 2025, and up 43.83% quarter-over-quarter from $24.3 million in Q4 2025.
Meritage Homes (MTH) Notes Payables (2010 - 2026) Analysis & Trends
Meritage Homes (MTH) has 17 years of Notes Payables data on file, last reported at $35.0 million in Q1 2026.
- Notes Payables for Q1 2026 came in at $35.0 million, down 0.55% year-over-year; the trailing twelve-month figure through Mar 2026 was $35.0 million (down 0.55% YoY), and the FY2025 annual result was $24.3 million, down 17.09% from the prior year.
- Notes Payables rose to $35.0 million in Q1 2026 per MTH's latest filing, from $24.3 million in the prior quarter.
- Over five years, Notes Payables peaked at $35.2 million in Q1 2025 and troughed at $6.6 million in Q1 2024.
- A 5-year average of $17.7 million and a median of $13.5 million in 2023 frame the typical range for Notes Payables.
- The sharpest annual moves came in 2023 and 2025: Notes Payables tumbled 69.47% in 2023, then jumped 432.75% in 2025.
- A 5-year view of Notes Payables shows it stood at $7.1 million in 2022, then jumped by 91.67% to $13.5 million in 2023, then soared by 116.94% to $29.3 million in 2024, then decreased by 17.09% to $24.3 million in 2025, then surged by 43.83% to $35.0 million in 2026.
- Business Quant data shows MTH's Notes Payables at $35.0 million in Q1 2026, $24.3 million in Q4 2025, and $25.8 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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 |
| 4 | Nvr | 17.80 Bn | 16.15 Bn | 1.31 Bn |
| 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 |
| 8 | Meritage Homes | 4.85 Bn | 4.09 Bn | -269,000.00 |
| 9 | Cavco Industries | 4.56 Bn | 4.52 Bn | 135.92 Mn |
| 10 | Champion Homes | 4.39 Bn | 3.74 Bn | 172.19 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 34.99 Mn |
| Dec 31, 2025 | 24.33 Mn |
| Sep 30, 2025 | 25.81 Mn |
| Jun 30, 2025 | 26.12 Mn |
| Mar 31, 2025 | 35.18 Mn |
| Dec 31, 2024 | 29.34 Mn |
| Sep 30, 2024 | 9.31 Mn |
| Jun 30, 2024 | 9.71 Mn |
| Mar 31, 2024 | 6.60 Mn |
| Dec 31, 2023 | 13.53 Mn |
| Sep 30, 2023 | 11.01 Mn |
| Jun 30, 2023 | 11.20 Mn |
| Mar 31, 2023 | 6.89 Mn |
| Dec 31, 2022 | 7.06 Mn |
| Sep 30, 2022 | 12.46 Mn |
| Jun 30, 2022 | 15.61 Mn |
| Mar 31, 2022 | 22.56 Mn |
| Dec 31, 2021 | 17.55 Mn |
| Sep 30, 2021 | 18.99 Mn |
| Jun 30, 2021 | 19.53 Mn |