Discontinued — last reported Q4 '23

Business Segments · Land under development

Texas — Land under development

Pultegroup Texas — Land under development decreased by 0.7% to $721.03M in Q4 2023 compared to the prior quarter.

Analysis

StatementSegment
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ4 2013
Last reportedQ4 2023

How to read this metric

Higher levels suggest a robust pipeline for future growth, while declining levels may indicate a constrained supply of buildable lots.

Detailed definition

The carrying value of land in the Texas segment that is currently being prepared for construction, including site improv...

Peer comparison

Equivalent to development-stage land inventory reported by other regional homebuilders.

Metric ID: phm_segment_texas_land_under_development

Historical Data

3 periods
 Q4 '21Q4 '22Q4 '23
Value$512.93M$726.34M$721.03M
QoQ Change+41.6%-0.7%
YoY Change+41.6%-0.7%
Range$512.93M$726.34M
Avg YoY Growth+20.4%
Median YoY Growth+20.4%

Frequently Asked Questions

What is Pultegroup's texas — land under development?
Pultegroup (PHM) reported texas — land under development of $721.03M in Q4 2023.
What does texas — land under development mean?
The value of land in Texas currently being prepared for future homebuilding.