Discontinued — last reported Q4 '23
Business Segments · Land under development
Other Homebuilding — Land under development
Pultegroup Other Homebuilding — Land under development increased by 4.9% to $336.87M in Q4 2023 compared to the prior quarter.
Analysis
StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ4 2013
Last reportedQ4 2023
Rolls up toLand Available For Development
How to read this metric
Higher levels indicate a robust pipeline for future development, whereas lower levels may suggest a constrained supply of ready-to-build lots.
Detailed definition
This represents the carrying value of land parcels held by the Other Homebuilding segment that are currently undergoing...
Peer comparison
Standard land-banking metric for homebuilders; peers categorize this as land inventory in various stages of development.
Metric ID:
phm_segment_other_homebuilding_land_under_developmentHistorical Data
4 periods
| Q2 '21 | Q4 '21 | Q4 '22 | Q4 '23 | |
|---|---|---|---|---|
| Value | $257.56M | $276.51M | $321.09M | $336.87M |
| QoQ Change | — | +7.4% | +16.1% | +4.9% |
| YoY Change | — | — | +16.1% | +4.9% |
Range$257.56M – $336.87M
Avg YoY Growth+10.5%
Median YoY Growth+10.5%
Current Streak3+ quarters growth
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Frequently Asked Questions
- What is Pultegroup's other homebuilding — land under development?
- Pultegroup (PHM) reported other homebuilding — land under development of $336.87M in Q4 2023.
- What does other homebuilding — land under development mean?
- The value of land currently being prepared for home construction by the Other Homebuilding segment.