Non-Current Assets

House and land inventory

Pultegroup House and land inventory increased by 2.9% to $13.30B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2.6%, from $12.96B to $13.30B. Over 5 years (FY 2020 to FY 2025), House and land inventory shows an upward trend with a 10.9% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryGrowth
SignalContext dependent
VolatilityStable
First reportedQ4 2013
Last reportedQ1 2026

How to read this metric

An increase suggests a robust land-banking strategy for future growth, whereas a decrease may signal a shift toward capital efficiency or a slowdown in development.

Detailed definition

The total value of land under development, finished homes, and construction materials that are not expected to be sold w...

Peer comparison

A core metric for homebuilders; reflects the scale and geographic footprint of the company's land holdings.

Metric ID: non_current_assets_inventory_operative_builders

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$8.38B$8.92B$9.05B$9.87B$10.73B$11.77B$11.33B$11.43B$11.34B$11.59B$11.80B$12.11B$12.30B$12.64B$12.69B$12.96B$13.22B$13.35B$12.93B$13.30B
QoQ Change+6.4%+1.5%+9.1%+8.7%+9.7%-3.8%+0.9%-0.8%+2.2%+1.8%+2.6%+1.6%+2.8%+0.4%+2.1%+2.0%+1.0%-3.2%+2.9%
YoY Change+28.1%+32.0%+25.2%+15.8%+5.6%-1.6%+4.1%+5.9%+8.5%+9.1%+7.6%+7.0%+7.4%+5.6%+1.8%+2.6%
Range$8.38B$13.35B
CAGR+10.2%
Avg YoY Growth+10.3%
Median YoY Growth+7.2%

Product Breakdown

View all
SegmentQ4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24
Home sale revenues$11.33B$11.43B$11.34B$11.59B$11.80B$12.11B$12.30B$12.64B
Total$11.33B$11.43B$11.34B$11.59B$11.80B$12.11B$12.30B$12.64B

Home sale revenues was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.

Business Segments

View all
SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Homebuilding$12.30B$12.64B$12.69B$12.96B$13.22B$13.35B$12.93B$13.30B
Financial Services$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
Total$12.30B$12.64B$12.69B$12.96B$13.22B$13.35B$12.93B$13.30B

Florida, Midwest, Northeast, Other Homebuilding, Southeast, Texas, West were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.

Frequently Asked Questions

What is Pultegroup's house and land inventory?
Pultegroup (PHM) reported house and land inventory of $13.30B in Q1 2026.
How has Pultegroup's house and land inventory changed year-over-year?
Pultegroup's house and land inventory increased by 2.6% year-over-year, from $12.96B to $13.30B.
What is the long-term trend for Pultegroup's house and land inventory?
Over 5 years (2020 to 2025), Pultegroup's house and land inventory has grown at a 10.9% compound annual growth rate (CAGR), from $7.72B to $12.93B.
What does house and land inventory mean?
The value of land and homes that are part of a long-term development pipeline.