Meritage Homes Capital Expenditures (CapEx) Growth & History (MTH)
Meritage Homes's capital expenditures (capex) was $25.7M for fiscal 2025.
View full Meritage Homes company overviewMeritage Homes annual capital expenditures (capex) history
| Fiscal year | Period ended | Capital expenditures (CapEx) | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $25.7M | −$2.9M | −10.24% |
| 2024 | 2024-12-31 | $28.7M | −$9.5M | −24.96% |
| 2023 | 2023-12-31 | $38.2M | $11.2M | +41.60% |
| 2022 | 2022-12-31 | $27.0M | $1.3M | +5.09% |
| 2021 | 2021-12-31 | $25.7M | $5.7M | +28.76% |
| 2020 | 2020-12-31 | $19.9M | −$4.5M | −18.26% |
| 2019 | 2019-12-31 | $24.4M | −$9.0M | −27.02% |
| 2018 | 2018-12-31 | $33.4M | $15.3M | +84.65% |
| 2017 | 2017-12-31 | $18.1M | $1.4M | +8.61% |
| 2016 | 2016-12-31 | $16.7M | $570,000 | +3.54% |
| 2015 | 2015-12-31 | $16.1M | −$4.7M | −22.59% |
| 2014 | 2014-12-31 | $20.8M | $5.0M | +31.71% |
| 2013 | 2013-12-31 | $15.8M | $4.9M | +45.29% |
| 2012 | 2012-12-31 | $10.9M | $3.8M | +53.39% |
| 2011 | 2011-12-31 | $7.1M | $693,000 | +10.85% |
| 2010 | 2010-12-31 | $6.4M | $2.8M | +77.03% |
| 2009 | 2009-12-31 | $3.6M | — | — |
Meritage Homes quarterly capital expenditures (capex)
| Fiscal quarter | Period ended | Capital expenditures (CapEx) | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $5.6M | −$1.2M | −17.72% |
| Q1 2026 | 2026-03-31 | $4.3M | −$1.3M | −22.96% |
| Q4 2025 | 2025-12-31 | $5.6M | −$1.9M | −25.48% |
| Q3 2025 | 2025-09-30 | $7.8M | −$230,000 | −2.87% |
| Q2 2025 | 2025-06-30 | $6.8M | −$133,000 | −1.93% |
| Q1 2025 | 2025-03-31 | $5.6M | −$666,000 | −10.64% |
| Q4 2024 | 2024-12-31 | $7.5M | $513,000 | +7.36% |
| Q3 2024 | 2024-09-30 | $8.0M | −$2.1M | −20.53% |
| Q2 2024 | 2024-06-30 | $6.9M | −$5.3M | −43.60% |
| Q1 2024 | 2024-03-31 | $6.3M | −$2.6M | −29.68% |
| Q4 2023 | 2023-12-31 | $7.0M | −$463,000 | −6.23% |
| Q3 2023 | 2023-09-30 | $10.1M | $3.4M | +50.89% |
| Q2 2023 | 2023-06-30 | $12.2M | $5.8M | +90.31% |
| Q1 2023 | 2023-03-31 | $8.9M | $2.5M | +38.55% |
| Q4 2022 | 2022-12-31 | $7.4M | −$320,000 | −4.13% |
| Q3 2022 | 2022-09-30 | $6.7M | −$255,000 | −3.67% |
| Q2 2022 | 2022-06-30 | $6.4M | $452,000 | +7.56% |
| Q1 2022 | 2022-03-31 | $6.4M | $1.4M | +28.64% |
| Q4 2021 | 2021-12-31 | $7.8M | $2.6M | +50.24% |
| Q3 2021 | 2021-09-30 | $6.9M | $2.5M | +56.73% |
| Q2 2021 | 2021-06-30 | $6.0M | $965,000 | +19.25% |
| Q1 2021 | 2021-03-31 | $5.0M | −$338,000 | −6.34% |
| Q4 2020 | 2020-12-31 | $5.2M | −$848,000 | −14.11% |
| Q3 2020 | 2020-09-30 | $4.4M | −$1.8M | −29.08% |
| Q2 2020 | 2020-06-30 | $5.0M | −$1.9M | −27.28% |
| Q1 2020 | 2020-03-31 | $5.3M | $91,000 | +1.74% |
| Q4 2019 | 2019-12-31 | $6.0M | −$3.7M | −37.80% |
| Q3 2019 | 2019-09-30 | $6.2M | −$1.8M | −22.22% |
| Q2 2019 | 2019-06-30 | $6.9M | −$2.5M | −26.23% |
| Q1 2019 | 2019-03-31 | $5.2M | −$1.1M | −17.91% |
| Q4 2018 | 2018-12-31 | $9.7M | $3.6M | +59.48% |
| Q3 2018 | 2018-09-30 | $8.0M | $4.3M | +116.04% |
| Q2 2018 | 2018-06-30 | $9.3M | $4.3M | +83.77% |
| Q1 2018 | 2018-03-31 | $6.4M | $3.1M | +97.13% |
| Q4 2017 | 2017-12-31 | $6.1M | $1.7M | +37.49% |
| Q3 2017 | 2017-09-30 | $3.7M | −$970,000 | −20.70% |
| Q2 2017 | 2017-06-30 | $5.1M | $1.5M | +40.06% |
| Q1 2017 | 2017-03-31 | $3.2M | −$702,000 | −17.82% |
| Q4 2016 | 2016-12-31 | $4.4M | $648,000 | +17.24% |
| Q3 2016 | 2016-09-30 | $4.7M | $181,000 | +4.02% |
| Q2 2016 | 2016-06-30 | $3.6M | $390,000 | +12.04% |
| Q1 2016 | 2016-03-31 | $3.9M | −$649,000 | −14.14% |
| Q4 2015 | 2015-12-31 | $3.8M | −$663,000 | −15.00% |
| Q3 2015 | 2015-09-30 | $4.5M | $2,000 | +0.04% |
| Q2 2015 | 2015-06-30 | $3.2M | −$1.6M | −33.46% |
| Q1 2015 | 2015-03-31 | $4.6M | −$2.4M | −34.40% |
| Q4 2014 | 2014-12-31 | $4.4M | −$1.6M | −27.12% |
| Q3 2014 | 2014-09-30 | $4.5M | $573,000 | +14.58% |
| Q2 2014 | 2014-06-30 | $4.9M | $1.8M | +57.93% |
| Q1 2014 | 2014-03-31 | $7.0M | $4.3M | +158.69% |
| Q4 2013 | 2013-12-31 | $6.1M | $2.3M | +62.89% |
| Q3 2013 | 2013-09-30 | $3.9M | $1.2M | +42.60% |
| Q2 2013 | 2013-06-30 | $3.1M | $1.0M | +50.61% |
| Q1 2013 | 2013-03-31 | $2.7M | $368,000 | +15.75% |
| Q4 2012 | 2012-12-31 | $3.7M | $2.1M | +125.29% |
| Q3 2012 | 2012-09-30 | $2.8M | $1.3M | +87.74% |
| Q2 2012 | 2012-06-30 | $2.0M | −$483,000 | −19.09% |
| Q1 2012 | 2012-03-31 | $2.3M | $905,000 | +63.24% |
| Q4 2011 | 2011-12-31 | $1.7M | — | — |
| Q3 2011 | 2011-09-30 | $1.5M | $315,000 | +27.32% |
| Q2 2011 | 2011-06-30 | $2.5M | — | — |
| Q1 2011 | 2011-03-31 | $1.4M | — | — |
| Q3 2010 | 2010-09-30 | $1.2M | — | — |
Meritage Homes capital expenditures (capex) trends
Over the last five fiscal years, Meritage Homes's capital expenditures (capex) increased from $19.9M to $25.7M, a change of $5.8M. The latest reported quarter, Q2 2026, shows $5.6M.
What capital expenditures (CapEx) mean
Capital expenditures, commonly called CapEx, are cash investments in long-lived assets such as property, plants, equipment, infrastructure, and productive software. CapEx can support future growth or maintain existing operations, but it reduces current-period free cash flow.
SEC-reported capital expenditures
TickerStat standardizes cash payments for property, plant, equipment, and other productive assets reported in company SEC filings. When a filer reports separate qualifying CapEx components instead of a total, those components are combined for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Meritage Homes source filings ↗