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Growth Metrics

Meritage Homes (MTH) Operating Expenses (2016 - 2025)

Meritage Homes (MTH) has disclosed Operating Expenses for 16 consecutive years, with $47.8 million as the latest value for Q4 2025.

  • Quarterly Operating Expenses fell 29.45% to $47.8 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $211.8 million through Dec 2025, down 8.27% year-over-year, with the annual reading at $211.8 million for FY2025, 8.27% down from the prior year.
  • Operating Expenses for Q4 2025 was $47.8 million at Meritage Homes, down from $51.8 million in the prior quarter.
  • The five-year high for Operating Expenses was $69.0 million in Q4 2023, with the low at $37.9 million in Q1 2021.
  • Average Operating Expenses over 5 years is $52.4 million, with a median of $52.0 million recorded in 2023.
  • The sharpest move saw Operating Expenses skyrocketed 30.24% in 2023, then dropped 29.45% in 2025.
  • Over 5 years, Operating Expenses stood at $53.2 million in 2021, then rose by 6.51% to $56.6 million in 2022, then grew by 21.83% to $69.0 million in 2023, then dropped by 1.78% to $67.7 million in 2024, then decreased by 29.45% to $47.8 million in 2025.
  • According to Business Quant data, Operating Expenses over the past three periods came in at $47.8 million, $51.8 million, and $55.2 million for Q4 2025, Q3 2025, and Q2 2025 respectively.