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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.

  • On a quarterly basis, Operating Expenses fell 29.45% to $47.8 million in Q4 2025 year-over-year; TTM through Dec 2025 was $211.8 million, a 8.27% decrease, with the full-year FY2025 number at $211.8 million, down 8.27% from a year prior.
  • Operating Expenses was $47.8 million for Q4 2025 at Meritage Homes, down from $51.8 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $69.0 million in Q4 2023 to a low of $37.9 million in Q1 2021.
  • A 5-year average of $52.4 million and a median of $52.0 million in 2023 define the central range for Operating Expenses.
  • Peak YoY movement for Operating Expenses: soared 30.24% in 2023, then fell 29.45% in 2025.
  • Meritage Homes' Operating Expenses stood at $53.2 million in 2021, then increased by 6.51% to $56.6 million in 2022, then rose by 21.83% to $69.0 million in 2023, then fell by 1.78% to $67.7 million in 2024, then dropped by 29.45% to $47.8 million in 2025.
  • Per Business Quant, the three most recent readings for MTH's Operating Expenses are $47.8 million (Q4 2025), $51.8 million (Q3 2025), and $55.2 million (Q2 2025).