What is Pultegroup's southeast — house and land inventory?

Pultegroup (PHM) reported southeast — house and land inventory of $1.72B in Q4 2023.

What does southeast — house and land inventory mean?

The total value of all housing-related assets in a specific region.

How do you interpret southeast — house and land inventory?

An increase reflects higher operational scale, but may also signal potential oversupply if not matched by sales.

How does southeast — house and land inventory compare across companies?

The primary measure of total inventory investment for homebuilding companies.

Pultegroup PHM Southeast — House and land inventory

Discontinued — last reported Q4 '23

Other segment segments

Homebuilding

$13.3B+2.6%

Financial Services

$0—

Similar metrics at other companies

TOLSouth — Inventory

$2.54B+13.9%

NVRHome Building Segment — Inventory, Operative Builders

$2.12B+13.5%

NVRHome Building — Inventory, Operative Builders

$1.76B+17.8%

TOLNorth — Inventory

$1.39B+12.5%

LENHomebuilding — Inventory owned and consolidated inventory not owned

$12.12B-10.9%

TOLMountain — Inventory

$2.75B-2.0%

Other financials

Income statement

See full

Revenue$3.4B-12.4%

Gross profit$881.3M-21.5%

Net income$347.0M-33.6%

EPS (diluted)$1.79-30.4%

Balance sheet

See full

Cash & equivalents$1.8B+44.5%

Total debt$129.6M+7.0%

Total equity$13.0B+5.3%

Total assets$18.2B+5.0%

Cash flow

See full

Operating cash flow$159.8M+19.0%

CapEx$25.4M-14.2%

Free cash flow$134.4M+28.4%

Valuation

See full

Market cap$24.18B+8.7%

Enterprise value$22.47B+6.4%

P/E11.8×+4.3×

P/S1.4×+0.2×

Profitability

See full

Gross margin26.7%—

Net margin12.1%-4.3pp

FCF margin10.6%+2.5pp

Returns & leverage

See full

Return on equity16.2%-9.3pp

Debt / equity0×0.0×

Where this comes from

Reported directly by Pultegroup in its filing.

Tagged under the XBRL concept us-gaap:InventoryOperativeBuilders.

The official record: Pultegroup’s 10-K, filed February 5, 2024, on SEC EDGAR. View the filing →

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Questions, answered.

What is Pultegroup's southeast — house and land inventory?: Pultegroup (PHM) reported southeast — house and land inventory of $1.72B in Q4 2023.
What does southeast — house and land inventory mean?: The total value of all housing-related assets in a specific region.
How do you interpret southeast — house and land inventory?: An increase reflects higher operational scale, but may also signal potential oversupply if not matched by sales.
How does southeast — house and land inventory compare across companies?: The primary measure of total inventory investment for homebuilding companies.