Meritage Homes (MTH) Payables (2010 - 2026)
Meritage Homes (MTH) posted Payables of $215.74 million for Q2 2026, down 10.9% from $242.08 million a year earlier but up 7.9% from the prior quarter.
Meritage Homes (MTH) Payables (2010 - 2026) Analysis & Trends
At the end of FY2025, Meritage Homes' Payables came in at $200.68 million, down 5.6% from FY2024.
- Annual Payables has declined for three consecutive years, though with a five-year compound annual growth rate of 2.7% (FY2020 to FY2025).
- In prior years, Meritage Homes' Payables was $212.48 million in FY2024 (-21.8%), $271.65 million in FY2023 (-0.6%), $273.27 million in FY2022 (+26.5%) and $216.01 million in FY2021 (+23.3%).
- Quarterly Payables has run from a low of $199.94 million in Q1 2026 to a high of $341.72 million in Q2 2022 over five years.
- On a year-over-year basis, Payables has declined in each of the last eight quarters, with an average decline of 15.2% over the last eight quarters.
- The strongest year-over-year quarter for Payables in the past five years was Q2 2022, with growth of 58.8%; the weakest was Q1 2025, with a decline of 24.9%.
- According to Business Quant data, Payables for the three prior quarters was $199.94 million (Q1 2026), $200.68 million (Q4 2025) and $217.88 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 39.36 Bn | 29.66 Bn | 2.15 Bn | 1.39 Bn |
| 2 | Pultegroup | 21.62 Bn | 14.91 Bn | 1.06 Bn | 717.89 Mn |
| 3 | Lennar | 18.68 Bn | 9.05 Bn | 618.54 Mn | 1.80 Bn |
| 4 | Nvr | 16.02 Bn | 9.31 Bn | 485.14 Mn | 375.48 Mn |
| 5 | Toll Brothers | 12.67 Bn | 8.04 Bn | 625.22 Mn | 589.37 Mn |
| 6 | Champion Homes | 4.24 Bn | 1.72 Bn | - | 70.55 Mn |
| 7 | Cavco Industries | 4.01 Bn | 2.76 Bn | - | 44.17 Mn |
| 8 | Meritage Homes | 3.94 Bn | 858.04 Mn | 513.60 Mn | 215.74 Mn |
| 9 | M | 3.17 Bn | 243.20 Mn | 235.50 Mn | 244.49 Mn |
| 10 | Green Brick Partners | 2.66 Bn | 2.08 Bn | 157.52 Mn | 110.93 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 215.74 Mn |
| Mar 31, 2026 | 199.94 Mn |
| Dec 31, 2025 | 200.68 Mn |
| Sep 30, 2025 | 217.88 Mn |
| Jun 30, 2025 | 242.08 Mn |
| Mar 31, 2025 | 229.85 Mn |
| Dec 31, 2024 | 212.48 Mn |
| Sep 30, 2024 | 287.40 Mn |
| Jun 30, 2024 | 299.78 Mn |
| Mar 31, 2024 | 306.15 Mn |
| Dec 31, 2023 | 271.65 Mn |
| Sep 30, 2023 | 294.18 Mn |
| Jun 30, 2023 | 276.12 Mn |
| Mar 31, 2023 | 263.66 Mn |
| Dec 31, 2022 | 273.27 Mn |
| Sep 30, 2022 | 322.23 Mn |
| Jun 30, 2022 | 341.72 Mn |
| Mar 31, 2022 | 280.11 Mn |
| Dec 31, 2021 | 216.01 Mn |
| Sep 30, 2021 | 214.58 Mn |
Meritage Homes Payables 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=payables&ticker=MTH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "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=payables&ticker=MTH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();