Discontinued — last reported Q3 '24
Florida — Land-related charges
Pultegroup Florida — Land-related charges increased by 88.4% to $1.09M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 221.0%, from $338.00K to $1.09M. Over 2 years (FY 2021 to FY 2023), Florida — Land-related charges shows an upward trend with a 57.0% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase suggests declining land values or poor development prospects, while a decrease indicates stable or improving asset valuations.
Detailed definition
Represents the costs associated with write-downs or impairments of land assets within the Florida geographic segment. Th...
Peer comparison
Similar to land impairment charges reported by other homebuilders in regional segments.
phm_segment_florida_land_related_chargesHistorical Data
| Q2 '21 | 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 | $302.00K | $209.00K | $446.00K | $972.00K | $641.00K | $4.88M | $7.02M | $2.01M | $79.00K | $338.00K | $253.00K | $341.00K | $576.00K | $1.09M |
| QoQ Change | — | -30.8% | +113.4% | +117.9% | -34.1% | +661.5% | +43.9% | -71.3% | -96.1% | +327.8% | -25.1% | +34.8% | +68.9% | +88.4% |
| YoY Change | — | — | — | — | +112.3% | >999% | >999% | +107.1% | -87.7% | -93.1% | -96.4% | -83.1% | +629.1% | +221.0% |
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Frequently Asked Questions
- What is Pultegroup's florida — land-related charges?
- Pultegroup (PHM) reported florida — land-related charges of $1.09M in Q3 2024.
- How has Pultegroup's florida — land-related charges changed year-over-year?
- Pultegroup's florida — land-related charges increased by 221.0% year-over-year, from $338.00K to $1.09M.
- What is the long-term trend for Pultegroup's florida — land-related charges?
- Over 2 years (2021 to 2023), Pultegroup's florida — land-related charges has grown at a 57.0% compound annual growth rate (CAGR), from $1.09M to $2.68M.
- What does florida — land-related charges mean?
- The cost of writing down the value of land assets in the Florida region.