Meritage Homes Quarterly Cash Flow Statement
NYSE: MTHConsumer DiscretionaryHomebuildingUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Meritage Homes free cash flow
In the quarter ended Jun 30, 2026, Meritage Homes generated $189.5 million of operating cash flow and spent $5.6 million on capital expenditures. That left free cash flow of $183.9 million. Free cash flow was up 2552.2% from the prior year's $6.9 million.
Meritage Homes returned $131.3 million to shareholders: $31.3 million in dividends and $100.0 million in share repurchases, equal to 71% of free cash flow. Free cash flow covered dividend payments 5.9 times.
Summary generated from market data by MetaCap's automated system. Methodology
Meritage Homes cash flow statement (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 90.63M | 55.31M | 84.03M | 99.30M | 146.88M | 122.81M | 172.65M | 195.97M | 231.56M | 186.02M | 198.85M | 221.76M |
| Net Income growth (YoY) | -38.30% | -54.96% | -51.33% | -49.33% | -36.57% | -33.98% | -13.18% | -11.63% | +23.93% | +41.67% | -24.21% | -15.52% |
| Depreciation & Amortization | 6.08M | 5.37M | 6.68M | 5.99M | 6.66M | 5.95M | 6.60M | 6.55M | 6.77M | 6.04M | 7.76M | 6.38M |
| Stock-Based Compensation | 5.82M | 5.86M | 4.90M | 4.86M | 3.60M | 6.33M | 6.50M | 8.47M | 4.72M | 6.11M | 5.95M | 6.16M |
| Change in Working Capital | 115.94M | -7.53M | 91.92M | -214.45M | -175.47M | -79.72M | -330.36M | -246.18M | -301.17M | -159.57M | -245.87M | -89.30M |
| Operating Cash Flow | 189.47M | 101.31M | 243.67M | -96.51M | 13.70M | -42.58M | -99.56M | -92.00M | -117.95M | 81.93M | -104.52M | 104.21M |
| Capital Expenditures | -5.57M | -4.31M | -5.58M | -7.79M | -6.77M | -5.59M | -7.48M | -8.02M | -6.90M | -6.26M | -6.97M | -10.09M |
| Investing Cash Flow | -17.54M | -7.73M | -16.66M | -19.43M | -10.20M | -11.41M | -12.64M | -11.80M | -11.87M | -7.76M | -8.92M | -12.56M |
| Dividends Paid | -31.28M | -32.02M | -29.31M | -30.27M | -30.60M | -30.89M | -26.97M | -27.14M | -27.25M | -27.24M | -9.84M | -9.84M |
| Share Repurchases | -100.00M | -130.00M | -150.00M | -55.00M | -45.00M | -45.00M | -40.00M | -30.00M | 0 | -55.93M | -4.07M | -45.00M |
| Debt Issued | 0 | 0 | 0 | 0 | 0 | 497.19M | 0 | 0 | 575.00M | 0 | — | — |
| Debt Repaid | — | — | — | 0 | — | — | — | 0 | — | — | — | -150.88M |
| Financing Cash Flow | -131.30M | -102.10M | -180.79M | -85.58M | -84.69M | 414.09M | -67.80M | -57.57M | 217.44M | -90.09M | -14.09M | -206.13M |
| Net Change in Cash | 40.63M | -8.53M | 46.22M | -201.53M | -81.19M | 360.10M | -180.00M | -161.36M | 87.62M | -15.93M | -127.53M | -114.49M |
| Free Cash Flow | 183.90M | 97.00M | 238.10M | -104.30M | 6.93M | -48.17M | -107.05M | -100.01M | -124.85M | 75.67M | -111.49M | 94.12M |
This table shows 12 quarterly periods of Meritage Homes's cash flow statement, from Q2 2026 back to Q3 2023, across 14 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow MTH's reporting calendar. What is a cash flow statement?