Discontinued — last reported Q4 '23
Business Segments · Land under development
West — Land under development
Pultegroup West — Land under development increased by 10.4% to $1.69B in Q4 2023 compared to the prior quarter.
Analysis
StatementSegment
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ4 2013
Last reportedQ4 2023
Rolls up toLand Available For Development
How to read this metric
Growth indicates a healthy pipeline of future housing supply, while a decline may suggest a slowdown in future development capacity.
Detailed definition
The carrying value of land in the West segment that is currently being prepared for residential construction, including...
Peer comparison
Commonly categorized as land development inventory in homebuilder balance sheets.
Metric ID:
phm_segment_west_land_under_developmentHistorical Data
3 periods
| Q4 '21 | Q4 '22 | Q4 '23 | |
|---|---|---|---|
| Value | $1.19B | $1.53B | $1.69B |
| QoQ Change | — | +28.3% | +10.4% |
| YoY Change | — | +28.3% | +10.4% |
Range$1.19B – $1.69B
Avg YoY Growth+19.4%
Median YoY Growth+19.4%
Current Streak2+ quarters growth
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Frequently Asked Questions
- What is Pultegroup's west — land under development?
- Pultegroup (PHM) reported west — land under development of $1.69B in Q4 2023.
- What does west — land under development mean?
- The value of land in the West region currently being prepared for building.