Discontinued — last reported Q3 '24
Northeast — Land-related charges
Pultegroup Northeast — Land-related charges increased by 823.2% to $5.89M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 2889.8%, from $197.00K to $5.89M. Over 2 years (FY 2021 to FY 2023), Northeast — Land-related charges shows a downward trend with a -41.1% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase suggests potential overvaluation of land assets or deteriorating market conditions in the region, while a decrease indicates stable or improving asset values.
Detailed definition
Represents impairment charges, write-downs, or abandonment costs associated with land holdings within the Northeast geog...
Peer comparison
Commonly reported by homebuilders as land impairments or inventory valuation adjustments.
phm_segment_northeast_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 | $18.00K | $223.00K | $1.08M | $102.00K | $100.00K | $3.76M | $636.00K | $25.00K | $44.00K | $197.00K | $231.00K | $966.00K | $638.00K | $5.89M |
| QoQ Change | — | >999% | +382.5% | -90.5% | -2.0% | >999% | -83.1% | -96.1% | +76.0% | +347.7% | +17.3% | +318.2% | -34.0% | +823.2% |
| YoY Change | — | — | — | — | +455.6% | >999% | -40.9% | -75.5% | -56.0% | -94.8% | -63.7% | >999% | >999% | >999% |
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Frequently Asked Questions
- What is Pultegroup's northeast — land-related charges?
- Pultegroup (PHM) reported northeast — land-related charges of $5.89M in Q3 2024.
- How has Pultegroup's northeast — land-related charges changed year-over-year?
- Pultegroup's northeast — land-related charges increased by 2889.8% year-over-year, from $197.00K to $5.89M.
- What is the long-term trend for Pultegroup's northeast — land-related charges?
- Over 2 years (2021 to 2023), Pultegroup's northeast — land-related charges has grown at a -41.1% compound annual growth rate (CAGR), from $1.43M to $497.00K.
- What does northeast — land-related charges mean?
- The cost of writing down the value of land assets in the Northeast region.