Company / Capital Expenditures
Meritage Homes Corporation Capital Expenditures History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Capital Expenditures
$25.7M
FY2025
5-year range
$25.7M / $38.2M
FY2021-FY2025
Trend
-10.2%
vs FY2024
Sector context
#181 of 213
Consumer Discretionary
What the data says
Meritage Homes Corporation's capital expenditures of $26M is lower than 85% of companies in the Consumer Discretionary sector (FY2025). Capital Expenditures has fluctuated over the past 10 years, ranging from $17M in FY2016 to $38M in FY2023.
Based on SEC 10-K filings.
$26M in FY2025 with a 5-year CAGR of +5.2%.
Declined from $38M to $26M over the past 2 years.
Consumer Discretionary sector context is included.
Capital Expenditures over time
Growth rates
- 3-Year CAGR
- -1.6%
- 5-Year CAGR
- +5.2%
- 10-Year CAGR
- -
Sector benchmark
-97.6% below sector average
Key checks
Key Insights
- 5-year CAGR of +5.2%, indicating consistent growth.
- In FY2025, capital expenditures decreased 10.2% year-over-year.
- Ranks #181 out of 213 companies in the Consumer Discretionary sector.
- Peak capital expenditures was recorded in FY2023.
Company context
Key Data Points
- Low earnings quality (accrual-heavy earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Capital ExpendituresValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $25.7M | -10.2% |
| FY2024 | $28.7M | -25.0% |
| FY2023 | $38.2M | +41.6% |
| FY2022 | $27.0M | +5.1% |
| FY2021 | $25.7M | +28.8% |
| FY2020 | $19.9M | -18.3% |
| FY2019 | $24.4M | -27.0% |
| FY2018 | $33.4M | +84.7% |
| FY2017 | $18.1M | +8.6% |
| FY2016 | $16.7M | +3.5% |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026