Discontinued — last reported Q1 '23
Financial Services — Revenue
Pultegroup Financial Services — Revenue decreased by 19.6% to $57.94M in Q1 2023 compared to the prior quarter. Year-over-year, this metric declined by 31.1%, from $84.14M to $57.94M. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests higher mortgage capture rates or increased home closing volume, while a decrease may indicate lower mortgage attachment rates or a slowdown in home sales activity.
Detailed definition
This metric represents the total gross revenue generated by the company's internal financial services division, which pr...
Peer comparison
Comparable to mortgage banking revenue or financial services segment revenue reported by other large-scale homebuilders with captive mortgage operations.
phm_segment_financial_services_revenuesHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | |
|---|---|---|---|---|---|---|---|---|
| Value | $91.03M | $91.48M | $100.90M | $84.14M | $82.78M | $72.71M | $72.09M | $57.94M |
| QoQ Change | — | +0.5% | +10.3% | -16.6% | -1.6% | -12.2% | -0.9% | -19.6% |
| YoY Change | — | — | — | — | -9.1% | -20.5% | -28.6% | -31.1% |
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Frequently Asked Questions
- What is Pultegroup's financial services — revenue?
- Pultegroup (PHM) reported financial services — revenue of $57.94M in Q1 2023.
- How has Pultegroup's financial services — revenue changed year-over-year?
- Pultegroup's financial services — revenue decreased by 31.1% year-over-year, from $84.14M to $57.94M.
- What does financial services — revenue mean?
- The total revenue earned by the company's internal mortgage, title, and insurance services division.