Discontinued — last reported Q3 '24
Pultegroup Texas — Land-related charges increased by 379.8% to $1.26M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 2030.5%, from $59.00K to $1.26M. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase suggests potential overvaluation of land assets or deteriorating market conditions in the region.
Represents impairment charges or write-downs specifically associated with land assets within the Texas geographic segmen...
Similar to land impairment charges reported by other large-scale homebuilders in regional segments.
phm_segment_texas_land_related_charges| Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|
| Value | $294.00K | $2.79M | $115.00K | $214.00K | $59.00K | $245.00K | $262.00K | $1.26M |
| QoQ Change | — | +850.3% | -95.9% | +86.1% | -72.4% | +315.3% | +6.9% | +379.8% |
| YoY Change | — | — | — | -27.2% | -97.9% | +113.0% | +22.4% | >999% |