Discontinued — last reported Q3 '24

Business Segments · Goodwill impairment charge

Other homebuilding — Goodwill impairment charge

Pultegroup Other homebuilding — Goodwill impairment charge remained flat by 0.0% to $40.40M in Q3 2024 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from $40.40M to $40.40M. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryRisk
SignalLower is better
VolatilityVolatile
First reportedQ2 2023
Last reportedQ3 2024

How to read this metric

An increase signals that the segment's long-term growth prospects or profitability have weakened compared to original acquisition expectations.

Detailed definition

This represents the non-cash expense recognized when the carrying amount of goodwill allocated to the secondary homebuil...

Peer comparison

Commonly reported by peers as 'goodwill impairment' under GAAP, often triggered by annual testing or adverse market events.

Metric ID: phm_segment_other_homebuilding_goodwill_impairment_charge

Historical Data

6 periods
 Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24
Value$40.40M$40.40M$40.40M$40.40M$40.40M$40.40M
QoQ Change+0.0%+0.0%+0.0%+0.0%+0.0%
YoY Change+0.0%+0.0%
Range$40.40M$40.40M
CAGR+0.0%
Avg YoY Growth+0.0%
Median YoY Growth+0.0%
Current Streak5+ quarters growth

Frequently Asked Questions

What is Pultegroup's other homebuilding — goodwill impairment charge?
Pultegroup (PHM) reported other homebuilding — goodwill impairment charge of $40.40M in Q3 2024.
How has Pultegroup's other homebuilding — goodwill impairment charge changed year-over-year?
Pultegroup's other homebuilding — goodwill impairment charge decreased by 0.0% year-over-year, from $40.40M to $40.40M.
What does other homebuilding — goodwill impairment charge mean?
A non-cash charge reflecting a reduction in the value of goodwill associated with the secondary homebuilding segment.