Discontinued — last reported Q4 '23
Business Segments · Raw land
West — Raw land
Pultegroup West — Raw land decreased by 20.4% to $190.08M in Q4 2023 compared to the prior quarter.
Analysis
StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ4 2013
Last reportedQ4 2023
How to read this metric
High levels suggest a long-term land banking strategy, whereas low levels may indicate a reliance on just-in-time land acquisition.
Detailed definition
The value of unimproved land held by the West segment for future development or potential sale. This represents the earl...
Peer comparison
Standard inventory category for land-holding homebuilders.
Metric ID:
phm_segment_west_raw_landHistorical Data
3 periods
| Q4 '21 | Q4 '22 | Q4 '23 | |
|---|---|---|---|
| Value | $227.85M | $238.76M | $190.08M |
| QoQ Change | — | +4.8% | -20.4% |
| YoY Change | — | +4.8% | -20.4% |
Range$190.08M – $238.76M
Avg YoY Growth-7.8%
Median YoY Growth-7.8%
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Frequently Asked Questions
- What is Pultegroup's west — raw land?
- Pultegroup (PHM) reported west — raw land of $190.08M in Q4 2023.
- What does west — raw land mean?
- The value of undeveloped land held in the West region.