Discontinued — last reported Q3 '24

Business Segments · Land-related charges

West — Land-related charges

Pultegroup West — Land-related charges increased by 841.6% to $3.35M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 16.0%, from $2.89M to $3.35M. 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 2024Oct 22, 2024

How to read this metric

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

Detailed definition

Represents impairment charges or write-downs associated with land assets within the West geographic operating segment. T...

Peer comparison

Commonly reported by homebuilders as land impairments or inventory valuation adjustments.

Metric ID: phm_segment_west_land_related_charges

Historical Data

8 periods
 Q2 '22Q3 '22Q1 '23Q2 '23Q3 '23Q1 '24Q2 '24Q3 '24
Value$591.00K$5.46M$741.00K$3.06M$2.89M$1.09M$356.00K$3.35M
QoQ Change+824.2%-86.4%+312.8%-5.6%-62.3%-67.3%+841.6%
YoY Change+417.6%-47.1%+46.8%-88.4%+16.0%
Range$356.00K$5.46M
CAGR+169.6%
Avg YoY Growth+69.0%
Median YoY Growth+16.0%

Frequently Asked Questions

What is Pultegroup's west — land-related charges?
Pultegroup (PHM) reported west — land-related charges of $3.35M in Q3 2024.
How has Pultegroup's west — land-related charges changed year-over-year?
Pultegroup's west — land-related charges increased by 16.0% year-over-year, from $2.89M to $3.35M.
What does west — land-related charges mean?
The cost of writing down the value of land assets in the West region due to market declines.