Discontinued — last reported Q3 '24

Products & Services · Raw land

Home sale revenues — Raw land

Pultegroup Home sale revenues — Raw land increased by 17.4% to $502.49M in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 12.4%, from $573.73M to $502.49M.

Analysis

StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ4 2020
Last reportedQ3 2024Oct 22, 2024

How to read this metric

High levels indicate a long-term growth pipeline, but also represent significant capital tied up in non-revenue-generating assets.

Detailed definition

This represents the value of undeveloped land held by the company for future residential development. It is the earliest...

Peer comparison

Commonly tracked by homebuilders to assess the duration and risk of their land bank.

Metric ID: phm_segment_home_sale_revenues_raw_land

Historical Data

13 periods
 Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24
Value$598.33M$731.25M$687.73M$784.43M$684.44M$679.34M$647.23M$633.93M$573.73M$606.01M$546.22M$428.01M$502.49M
QoQ Change+22.2%-6.0%+14.1%-12.7%-0.7%-4.7%-2.1%-9.5%+5.6%-9.9%-21.6%+17.4%
YoY Change+14.4%-7.1%-5.9%-19.2%-16.2%-10.8%-15.6%-32.5%-12.4%
Range$428.01M$784.43M
CAGR-5.7%
Avg YoY Growth-11.7%
Median YoY Growth-12.4%

Frequently Asked Questions

What is Pultegroup's home sale revenues — raw land?
Pultegroup (PHM) reported home sale revenues — raw land of $502.49M in Q3 2024.
How has Pultegroup's home sale revenues — raw land changed year-over-year?
Pultegroup's home sale revenues — raw land decreased by 12.4% year-over-year, from $573.73M to $502.49M.
What does home sale revenues — raw land mean?
The value of undeveloped land held for future building projects.