Meritage Homes annual free cash flow
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2025
Meritage Homes Free Cash Flow (FCF) History (MTH)
Meritage Homes reported $92.6M in free cash flow for fiscal 2025, an increase of $348.8M from the previous fiscal year.
View full Meritage Homes company overviewMeritage Homes free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | $92.6M | $348.8M | — | — |
| 2024 | 2024-12-31 | −$256.2M | −$573.6M | — | — |
| 2023 | 2023-12-31 | $317.4M | −$60.9M | −16.10% | — |
| 2022 | 2022-12-31 | $378.3M | $556.1M | — | — |
| 2021 | 2021-12-31 | −$177.8M | −$688.2M | — | — |
| 2020 | 2020-12-31 | $510.4M | $188.0M | +58.30% | — |
| 2019 | 2019-12-31 | $322.4M | $93.7M | +40.93% | — |
| 2018 | 2018-12-31 | $228.8M | $334.0M | — | — |
| 2017 | 2017-12-31 | −$105.2M | $14.8M | — | — |
| 2016 | 2016-12-31 | −$120.1M | −$100.6M | — | — |
| 2015 | 2015-12-31 | −$19.4M | $212.6M | — | — |
| 2014 | 2014-12-31 | −$232.0M | −$130.0M | — | — |
| 2013 | 2013-12-31 | −$102.1M | $129.3M | — | — |
| 2012 | 2012-12-31 | −$231.3M | −$150.1M | — | — |
| 2011 | 2011-12-31 | −$81.2M | −$107.4M | — | — |
| 2010 | 2010-12-31 | $26.2M | −$154.3M | −85.50% | — |
| 2009 | 2009-12-31 | $180.5M | — | — | — |
Meritage Homes quarterly free cash flow
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Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $183.9M | $177.0M | +2552.21% | — |
| Q1 2026 | 2026-03-31 | $97.0M | $145.2M | — | — |
| Q4 2025 | 2025-12-31 | $238.1M | $345.1M | — | — |
| Q3 2025 | 2025-09-30 | −$104.3M | −$4.3M | — | — |
| Q2 2025 | 2025-06-30 | $6.9M | $131.8M | — | — |
| Q1 2025 | 2025-03-31 | −$48.2M | −$123.8M | — | — |
| Q4 2024 | 2024-12-31 | −$107.0M | $4.4M | — | — |
| Q3 2024 | 2024-09-30 | −$100.0M | −$194.1M | — | — |
| Q2 2024 | 2024-06-30 | −$124.8M | −$344.0M | — | — |
| Q1 2024 | 2024-03-31 | $75.7M | −$39.9M | −34.52% | — |
| Q4 2023 | 2023-12-31 | −$111.5M | −$679.1M | — | — |
| Q3 2023 | 2023-09-30 | $94.1M | $63.8M | +210.29% | — |
| Q2 2023 | 2023-06-30 | $219.2M | $444.6M | — | — |
| Q1 2023 | 2023-03-31 | $115.6M | $109.8M | +1904.74% | — |
| Q4 2022 | 2022-12-31 | $567.6M | $478.8M | +538.81% | — |
| Q3 2022 | 2022-09-30 | $30.3M | $142.5M | — | — |
| Q2 2022 | 2022-06-30 | −$225.4M | −$89.9M | — | −15.96% |
| Q1 2022 | 2022-03-31 | $5.8M | $24.7M | — | — |
| Q4 2021 | 2021-12-31 | $88.9M | −$63.3M | −41.58% | — |
| Q3 2021 | 2021-09-30 | −$112.2M | −$243.4M | — | — |
| Q2 2021 | 2021-06-30 | −$135.5M | −$324.0M | — | −10.61% |
| Q1 2021 | 2021-03-31 | −$18.9M | −$57.5M | — | — |
| Q4 2020 | 2020-12-31 | $152.1M | −$21.3M | −12.30% | — |
| Q3 2020 | 2020-09-30 | $131.2M | $83.4M | +174.69% | — |
| Q2 2020 | 2020-06-30 | $188.5M | $114.3M | +154.06% | — |
| Q1 2020 | 2020-03-31 | $38.6M | $11.6M | +42.82% | — |
| Q4 2019 | 2019-12-31 | $173.5M | −$5.4M | −3.04% | — |
| Q3 2019 | 2019-09-30 | $47.8M | −$28.3M | −37.21% | — |
| Q2 2019 | 2019-06-30 | $74.2M | $76.7M | — | — |
| Q1 2019 | 2019-03-31 | $27.0M | $50.7M | — | — |
| Q4 2018 | 2018-12-31 | $178.9M | $97.7M | +120.21% | — |
| Q3 2018 | 2018-09-30 | $76.1M | $123.5M | — | — |
| Q2 2018 | 2018-06-30 | −$2.5M | $48.6M | — | — |
| Q1 2018 | 2018-03-31 | −$23.7M | $64.3M | — | — |
| Q4 2017 | 2017-12-31 | $81.2M | $40.7M | +100.40% | — |
| Q3 2017 | 2017-09-30 | −$47.4M | −$5.0M | — | — |
| Q2 2017 | 2017-06-30 | −$51.1M | −$18.6M | — | — |
| Q1 2017 | 2017-03-31 | −$88.0M | −$2.2M | — | — |
| Q4 2016 | 2016-12-31 | $40.5M | −$5.6M | −12.17% | — |
| Q3 2016 | 2016-09-30 | −$42.4M | −$61.6M | — | — |
| Q2 2016 | 2016-06-30 | −$32.4M | $9.6M | — | — |
| Q1 2016 | 2016-03-31 | −$85.8M | −$43.0M | — | — |
| Q4 2015 | 2015-12-31 | $46.2M | $25.7M | +125.31% | — |
| Q3 2015 | 2015-09-30 | $19.2M | $85.2M | — | — |
| Q2 2015 | 2015-06-30 | −$42.0M | $5.9M | — | — |
| Q1 2015 | 2015-03-31 | −$42.8M | $95.9M | — | — |
| Q4 2014 | 2014-12-31 | $20.5M | $73.3M | — | — |
| Q3 2014 | 2014-09-30 | −$66.0M | −$42.1M | — | — |
| Q2 2014 | 2014-06-30 | −$47.9M | −$25.4M | — | — |
| Q1 2014 | 2014-03-31 | −$138.7M | −$135.8M | — | — |
| Q4 2013 | 2013-12-31 | −$52.8M | $39.1M | — | — |
| Q3 2013 | 2013-09-30 | −$23.9M | $6.2M | — | — |
| Q2 2013 | 2013-06-30 | −$22.5M | $29.1M | — | — |
| Q1 2013 | 2013-03-31 | −$2.8M | $54.9M | — | — |
| Q4 2012 | 2012-12-31 | −$92.0M | −$67.4M | — | — |
| Q3 2012 | 2012-09-30 | −$30.1M | −$10.2M | — | — |
| Q2 2012 | 2012-06-30 | −$51.6M | −$40.9M | — | — |
| Q1 2012 | 2012-03-31 | −$57.7M | −$31.7M | — | — |
| Q4 2011 | 2011-12-31 | −$24.6M | −$2.7M | — | — |
| Q3 2011 | 2011-09-30 | −$19.9M | — | — | — |
| Q2 2011 | 2011-06-30 | −$10.7M | — | — | — |
| Q1 2011 | 2011-03-31 | −$26.0M | — | — | — |
| Q3 2010 | 2010-09-30 | −$21.8M | — | — | — |
Meritage Homes free cash flow growth trends
Over the last five reported fiscal years, free cash flow declined from $510.4M to $92.6M, a compound annual decline of 28.93%. Meritage Homes's latest reported quarter, Q2 2026, generated $183.9M in free cash flow, an increase of 2552.21% year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Meritage Homes filings at SEC.gov ↗