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Pultegroup PHM Inventory and land option charges

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Segments

By segment

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Homebuilding$5.74M-15.4%

Other financials

Income statement

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Revenue$4.0B-9.6%
Gross profit$1.1B-15.9%
Net income$472.0M-22.4%
EPS (diluted)$2.48-18.2%

Balance sheet

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Cash & equivalents$1.4B+8.7%
Total debt$130.0M-1.3%
Total equity$13.0B+3.5%
Total assets$18.3B+3.8%

Cash flow

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Operating cash flow$17.1M-94.1%
CapEx$29.9M-13.4%
Free cash flow$134.4M+28.4%

Valuation

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Market cap$25.32B+6.7%
Enterprise value$24.07B+6.6%
P/E13.3×+4.6×
P/S1.5×+0.2×

Profitability

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Gross margin26.9%
Net margin11.6%-3.9pp
FCF margin10.6%+2.5pp

Returns & leverage

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Return on equity14.9%-8.1pp
Debt / equity0.0×

Where this comes from

Reported directly by Pultegroup in its filing.

Tagged under the XBRL concept us-gaap:ProductionRelatedImpairmentsOrCharges.

The source filing: Pultegroup’s 10-Q, filed July 22, 2026.

Filed
Jul 22, 2026, 4:07 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000822416-26-000036
Line itemStatement of Operations ClassificationThree Months Ended / June 30, 2026Three Months Ended / June 30, 2025Six Months Ended / June 30, 2026Six Months Ended / June 30, 2025
Land impairmentsHome sale cost of revenues$10,157$6,703$16,107$25,429
Net realizable value ("NRV") adjustments - land held for saleLand sale and other cost of revenues3651,076
Write-offs of deposits and pre-acquisition costsOther expense, net6,52311,34411,45415,679
$16,680$18,412$27,561$42,184

Item 1. Financial Statements

FAQ

What is Pultegroup's inventory and land option charges?
Pultegroup (PHM) reported inventory and land option charges of $16.68M in Q2 2026.
How has Pultegroup's inventory and land option charges changed year-over-year?
Pultegroup's inventory and land option charges decreased by 9.4% year-over-year, from $18.41M to $16.68M.

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