Discontinued — last reported Q3 '24
Products & Services · Land under development
Home sale revenues — Land under development
Pultegroup Home sale revenues — Land under development increased by 0.8% to $6.02B in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 9.0%, from $5.52B to $6.02B.
Analysis
StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ4 2020
Last reportedQ3 2024
Rolls up toLand Available For Development
How to read this metric
An increase indicates active investment in future growth, while a decrease may suggest a more conservative land acquisition strategy.
Detailed definition
This represents the investment in land that is currently being prepared for residential construction, including site imp...
Peer comparison
A core component of land inventory for all major homebuilders, indicating the depth of the development pipeline.
Metric ID:
phm_segment_home_sale_revenues_land_under_developmentHistorical Data
13 periods
| Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $3.85B | $4.09B | $4.14B | $4.03B | $4.65B | $5.13B | $5.35B | $5.34B | $5.52B | $5.81B | $5.87B | $5.97B | $6.02B |
| QoQ Change | — | +6.3% | +1.1% | -2.6% | +15.5% | +10.3% | +4.1% | -0.1% | +3.3% | +5.2% | +1.0% | +1.8% | +0.8% |
| YoY Change | — | — | — | — | +20.9% | +25.5% | +29.3% | +32.6% | +18.6% | +13.1% | +9.7% | +11.8% | +9.0% |
Range$3.85B – $6.02B
CAGR+16.0%
Avg YoY Growth+18.9%
Median YoY Growth+18.6%
Current Streak5 quarters growth
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Frequently Asked Questions
- What is Pultegroup's home sale revenues — land under development?
- Pultegroup (PHM) reported home sale revenues — land under development of $6.02B in Q3 2024.
- How has Pultegroup's home sale revenues — land under development changed year-over-year?
- Pultegroup's home sale revenues — land under development increased by 9.0% year-over-year, from $5.52B to $6.02B.
- What does home sale revenues — land under development mean?
- The value of land currently being prepared for future home construction.