Discontinued — last reported Q3 '24

Business Segments · Land-related charges

Texas — Land-related charges

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.

Analysis

StatementSegment
CategoryRisk
SignalLower is better
VolatilityVolatile
First reportedQ2 2022
Last reportedQ3 2024

How to read this metric

An increase suggests potential overvaluation of land assets or deteriorating market conditions in the region.

Detailed definition

Represents impairment charges or write-downs specifically associated with land assets within the Texas geographic segmen...

Peer comparison

Similar to land impairment charges reported by other large-scale homebuilders in regional segments.

Metric ID: phm_segment_texas_land_related_charges

Historical Data

8 periods
 Q2 '22Q3 '22Q1 '23Q2 '23Q3 '23Q1 '24Q2 '24Q3 '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%
Range$59.00K$2.79M
CAGR+129.4%
Avg YoY Growth+408.2%
Median YoY Growth+22.4%
Current Streak3 quarters growth

Frequently Asked Questions

What is Pultegroup's texas — land-related charges?
Pultegroup (PHM) reported texas — land-related charges of $1.26M in Q3 2024.
How has Pultegroup's texas — land-related charges changed year-over-year?
Pultegroup's texas — land-related charges increased by 2030.5% year-over-year, from $59.00K to $1.26M.
What does texas — land-related charges mean?
The cost of writing down the value of land assets in the Texas region due to market declines.