Pultegroup (PHM) Change in Inventory (2009 - 2026)
Pultegroup's (PHM) quarterly Change in Inventory came in at $376.4 million in Q1 2026, up 39.1% year-on-year from $270.6 million in Q1 2025, and up 189.09% quarter-over-quarter from -$422.5 million in Q4 2025.
Pultegroup (PHM) Change in Inventory (2009 - 2026) Analysis & Trends
Pultegroup has disclosed Change in Inventory across 18 years of filings, most recently posting $376.4 million for Q1 2026.
- Change in Inventory for Q1 2026 came in at $376.4 million, up 39.1% year-over-year; the trailing twelve-month figure through Mar 2026 was $319.2 million (down 58.48% YoY), and the FY2025 annual result was $213.4 million, down 72.9% from the prior year.
- Change in Inventory came in at $376.4 million for Q1 2026 at Pultegroup, up from -$422.5 million in the prior quarter.
- In the past five years, Change in Inventory ranged from a high of $1.0 billion in Q3 2022 to a low of -$449.5 million in Q4 2022.
- The 5-year median for Change in Inventory is $225.4 million (2023), against an average of $234.6 million.
- Across the five-year window, Change in Inventory surged 238.66% in 2024 and slumped 2266.08% in 2025, its largest moves.
- Pultegroup's Change in Inventory stood at -$449.5 million in 2022, then jumped by 140.19% to $180.6 million in 2023, then tumbled by 109.88% to -$17.9 million in 2024, then plunged by 2266.08% to -$422.5 million in 2025, then jumped by 189.09% to $376.4 million in 2026.
- The last three Change in Inventory figures came in at $376.4 million (Q1 2026), -$422.5 million (Q4 2025), and $102.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 43.54 Bn | 42.20 Bn | 1.70 Bn | 1.28 Bn |
| 2 | Pultegroup | 23.57 Bn | 21.76 Bn | 881.27 Mn | 376.39 Mn |
| 3 | Lennar | 22.65 Bn | 20.45 Bn | 6.36 Bn | 652.02 Mn |
| 4 | Nvr | 17.80 Bn | 16.15 Bn | 1.31 Bn | 214.95 Mn |
| 5 | Toll Brothers | 13.73 Bn | 12.64 Bn | 604.89 Mn | 175.80 Mn |
| 6 | Taylor Morrison Home | 6.88 Bn | 6.88 Bn | 290.64 Mn | 127.34 Mn |
| 7 | Installed Building Products | 5.53 Bn | 5.05 Bn | 212.30 Mn | 2.10 Mn |
| 8 | Meritage Homes | 4.85 Bn | 4.09 Bn | -269,000.00 | -34.05 Mn |
| 9 | Cavco Industries | 4.56 Bn | 4.52 Bn | 135.92 Mn | -15.74 Mn |
| 10 | Champion Homes | 4.39 Bn | 3.74 Bn | 172.19 Mn | -11.15 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 376.39 Mn |
| Mar 31, 2026 | 376.39 Mn |
| Dec 31, 2025 | -422.49 Mn |
| Dec 31, 2025 | -422.49 Mn |
| Sep 30, 2025 | 102.82 Mn |
| Sep 30, 2025 | 102.82 Mn |
| Jun 30, 2025 | 262.46 Mn |
| Jun 30, 2025 | 262.46 Mn |
| Mar 31, 2025 | 270.58 Mn |
| Mar 31, 2025 | 270.58 Mn |
| Dec 31, 2024 | -17.86 Mn |
| Dec 31, 2024 | -17.86 Mn |
| Sep 30, 2024 | 331.67 Mn |
| Sep 30, 2024 | 331.67 Mn |
| Jun 30, 2024 | 184.42 Mn |
| Jun 30, 2024 | 184.42 Mn |
| Mar 31, 2024 | 289.25 Mn |
| Mar 31, 2024 | 289.25 Mn |
| Dec 31, 2023 | 180.64 Mn |
| Dec 31, 2023 | 180.64 Mn |