Meritage Homes (MTH) Shares Outstanding (2010 - 2026)
Meritage Homes (MTH) recorded Shares Outstanding of 65.79 million in Q2 2026, down 7.9% from 71.46 million a year earlier and down 2.3% from the prior quarter.
Meritage Homes (MTH) Shares Outstanding (2010 - 2026) Analysis & Trends
For FY2025, Meritage Homes reported Shares Outstanding of 70.82 million, down 2.3% from FY2024.
- Annual Shares Outstanding has declined for eight straight years, with a five-year compound annual growth rate of -1.3% (FY2020 to FY2025).
- Across earlier years, Shares Outstanding came in at 72.48 million in FY2024 (-1.0%), 73.24 million in FY2023 (-0.2%), 73.39 million in FY2022 (-2.4%) and 75.22 million in FY2021 (-0.3%).
- The Q2 2026 figure is the lowest quarterly Shares Outstanding since Q2 2012.
- On a year-over-year basis, Shares Outstanding has declined for 11 consecutive quarters, with an average decline of 3.0% over the last eight quarters.
- Peak year-over-year performance for Shares Outstanding in the last five years was growth of 0.3% in Q2 2023, against a decline of 7.9% in Q2 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at 67.37 million (Q1 2026), 70.82 million (Q4 2025) and 70.68 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 39.45 Bn | 29.76 Bn | 2.15 Bn | 282.20 Mn |
| 2 | Pultegroup | 21.76 Bn | 15.05 Bn | 1.06 Bn | 189.39 Mn |
| 3 | Lennar | 18.66 Bn | 9.03 Bn | 618.54 Mn | 237.76 Mn |
| 4 | Nvr | 16.07 Bn | 9.36 Bn | 485.14 Mn | 2.70 Mn |
| 5 | Toll Brothers | 12.76 Bn | 8.13 Bn | 625.22 Mn | 93.90 Mn |
| 6 | Champion Homes | 4.24 Bn | 1.72 Bn | - | 55.92 Mn |
| 7 | Cavco Industries | 4.04 Bn | 2.79 Bn | - | 7.80 Mn |
| 8 | Meritage Homes | 3.95 Bn | 876.79 Mn | 513.60 Mn | 65.79 Mn |
| 9 | M | 3.02 Bn | 95.83 Mn | 235.50 Mn | 25.67 Mn |
| 10 | Green Brick Partners | 2.66 Bn | 2.09 Bn | 157.52 Mn | 43.07 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 65.79 Mn |
| Mar 31, 2026 | 67.37 Mn |
| Dec 31, 2025 | 70.82 Mn |
| Sep 30, 2025 | 70.68 Mn |
| Jun 30, 2025 | 71.46 Mn |
| Mar 31, 2025 | 71.92 Mn |
| Dec 31, 2024 | 72.48 Mn |
| Sep 30, 2024 | 72.45 Mn |
| Jun 30, 2024 | 72.64 Mn |
| Mar 31, 2024 | 72.62 Mn |
| Dec 31, 2023 | 73.24 Mn |
| Sep 30, 2023 | 73.21 Mn |
| Jun 30, 2023 | 73.53 Mn |
| Mar 31, 2023 | 73.33 Mn |
| Dec 31, 2022 | 73.39 Mn |
| Sep 30, 2022 | 73.14 Mn |
| Jun 30, 2022 | 73.29 Mn |
| Mar 31, 2022 | 73.99 Mn |
| Dec 31, 2021 | 75.22 Mn |
| Sep 30, 2021 | 75.29 Mn |
Meritage Homes Shares Outstanding 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=shares-outstanding&ticker=MTH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "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=shares-outstanding&ticker=MTH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();