Discontinued — last reported Q3 '24

Products & Services · Pre-Tax Income

Real Estate — Pre-Tax Income

Pultegroup Real Estate — Pre-Tax Income decreased by 13.6% to $851.27M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 4.0%, from $818.37M to $851.27M. Over 2 years (FY 2021 to FY 2023), Real Estate — Pre-Tax Income shows an upward trend with a 20.4% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2020
Last reportedQ3 2024

How to read this metric

An increase signals improved operational efficiency or higher margins, while a decrease suggests rising costs or margin compression.

Detailed definition

This metric measures the profitability of the real estate operations after accounting for all operating expenses, intere...

Peer comparison

Commonly reported as 'Segment Operating Income' or 'Pre-tax Segment Profit' among public homebuilders.

Metric ID: phm_segment_real_estate_income_before_income_taxes

Historical Data

14 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24
Value$588.02M$571.76M$3.09B$559.30M$824.50M$783.76M$4.45B$688.22M$906.52M$818.37M$4.22B$827.66M$984.93M$851.27M
QoQ Change-2.8%+440.2%-81.9%+47.4%-4.9%+467.4%-84.5%+31.7%-9.7%+415.5%-80.4%+19.0%-13.6%
YoY Change+40.2%+37.1%+44.0%+23.1%+9.9%+4.4%-5.1%+20.3%+8.7%+4.0%
Range$559.30M$4.45B
CAGR+12.1%
Avg YoY Growth+18.6%
Median YoY Growth+15.1%

Frequently Asked Questions

What is Pultegroup's real estate — pre-tax income?
Pultegroup (PHM) reported real estate — pre-tax income of $851.27M in Q3 2024.
How has Pultegroup's real estate — pre-tax income changed year-over-year?
Pultegroup's real estate — pre-tax income increased by 4.0% year-over-year, from $818.37M to $851.27M.
What is the long-term trend for Pultegroup's real estate — pre-tax income?
Over 2 years (2021 to 2023), Pultegroup's real estate — pre-tax income has grown at a 20.4% compound annual growth rate (CAGR), from $4.58B to $6.63B.
What does real estate — pre-tax income mean?
The profit generated by the homebuilding business before paying income taxes.