Meritage Homes (MTH) Shares Outstanding (Diluted) (2009 - 2026)
Meritage Homes (MTH) recorded Weighted Average Shares Outstanding (Diluted) of 66.13 million in Q3 2026, down 7.1% from 71.19 million a year earlier and unchanged from the prior quarter.
Meritage Homes (MTH) Shares Outstanding (Diluted) (2009 - 2026) Analysis & Trends
For FY2025, Meritage Homes reported Weighted Average Shares Outstanding (Diluted) of 71.35 million, down 2.7% from FY2024.
- Annual Weighted Average Shares Outstanding (Diluted) has declined for nine straight years, with a five-year compound annual growth rate of -1.5% (FY2020 to FY2025).
- Across earlier years, Weighted Average Shares Outstanding (Diluted) came in at 73.33 million in FY2024 (-1.1%), 74.14 million in FY2023 (-0.1%), 74.2 million in FY2022 (-3.0%) and 76.47 million in FY2021 (-0.7%).
- Quarterly Weighted Average Shares Outstanding (Diluted) has ranged from 66.13 million in Q2 2026 to 76.47 million in Q4 2021 over the past five years.
- On a year-over-year basis, Weighted Average Shares Outstanding (Diluted) has declined for 12 consecutive quarters, with an average decline of 4.0% over the last eight quarters.
- Peak year-over-year performance for Weighted Average Shares Outstanding (Diluted) in the last five years was growth of 0.6% in Q2 2023, against a decline of 8.0% in Q2 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at 66.13 million (Q2 2026), 67.81 million (Q1 2026) and 71.35 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Pultegroup | 96.17 Bn | 89.53 Bn | 1.07 Bn | 751.35 Mn |
| 2 | Horton D R | 42.03 Bn | 42.63 Bn | - | 283.00 Mn |
| 3 | Lennar | 18.02 Bn | 8.18 Bn | 618.54 Mn | 237.76 Mn |
| 4 | Nvr | 15.97 Bn | 10.10 Bn | 482.36 Mn | 2.78 Mn |
| 5 | Toll Brothers | 14.02 Bn | 9.41 Bn | 625.22 Mn | 94.45 Mn |
| 6 | Cavco Industries | 5.03 Bn | 3.98 Bn | 147.61 Mn | 7.73 Mn |
| 7 | Champion Homes | 4.99 Bn | 2.21 Bn | 185.60 Mn | 54.49 Mn |
| 8 | Meritage Homes | 4.33 Bn | 1.30 Bn | 410.22 Mn | 65.13 Mn |
| 9 | M | 3.26 Bn | 442.92 Mn | 229.20 Mn | 25.95 Mn |
| 10 | Kb Home | 3.07 Bn | 2.27 Bn | -857.09 Mn | 61.76 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 65.13 Mn |
| Jun 30, 2026 | 66.13 Mn |
| Mar 31, 2026 | 67.81 Mn |
| Dec 31, 2025 | 71.35 Mn |
| Sep 30, 2025 | 71.19 Mn |
| Jun 30, 2025 | 71.90 Mn |
| Mar 31, 2025 | 72.65 Mn |
| Dec 31, 2024 | 73.33 Mn |
| Sep 30, 2024 | 73.34 Mn |
| Jun 30, 2024 | 73.44 Mn |
| Mar 31, 2024 | 73.56 Mn |
| Dec 31, 2023 | 74.14 Mn |
| Sep 30, 2023 | 74.16 Mn |
| Jun 30, 2023 | 74.38 Mn |
| Mar 31, 2023 | 74.24 Mn |
| Dec 31, 2022 | 74.20 Mn |
| Sep 30, 2022 | 73.89 Mn |
| Jun 30, 2022 | 73.92 Mn |
| Mar 31, 2022 | 75.05 Mn |
| Dec 31, 2021 | 76.47 Mn |
Meritage Homes Shares Outstanding (Diluted) 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-diluted&ticker=MTH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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-diluted&ticker=MTH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();