Discontinued — last reported Q4 '23
Business Segments · Land under development
Midwest — Land under development
Pultegroup Midwest — Land under development decreased by 0.6% to $685.14M in Q4 2023 compared to the prior quarter.
Analysis
StatementSegment
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ4 2013
Last reportedQ4 2023
Rolls up toLand Available For Development
How to read this metric
An increase suggests the company is actively preparing for future housing starts and expansion in the region.
Detailed definition
The carrying value of land in the Midwest segment that is currently being prepared for construction, including site impr...
Peer comparison
Commonly categorized as 'land under development' or 'developed lots' in homebuilder balance sheets.
Metric ID:
phm_segment_midwest_land_under_developmentHistorical Data
3 periods
| Q4 '21 | Q4 '22 | Q4 '23 | |
|---|---|---|---|
| Value | $460.28M | $689.54M | $685.14M |
| QoQ Change | — | +49.8% | -0.6% |
| YoY Change | — | +49.8% | -0.6% |
Range$460.28M – $689.54M
Avg YoY Growth+24.6%
Median YoY Growth+24.6%
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Frequently Asked Questions
- What is Pultegroup's midwest — land under development?
- Pultegroup (PHM) reported midwest — land under development of $685.14M in Q4 2023.
- What does midwest — land under development mean?
- The value of land in the Midwest that is being prepared for home construction.