Pultegroup (PHM) Change in Inventory (2009 - 2026)
Pultegroup (PHM) reported Change in Inventory of $342.05 million for Q3 2026, up 232.7% from $102.82 million a year earlier but down 20.6% from the prior quarter.
Pultegroup (PHM) Change in Inventory (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Pultegroup's Change in Inventory came in at $726.87 million, up 17.6% year-over-year; for FY2025, it came in at $213.37 million, down 72.9% from FY2024.
- By year, Change in Inventory came in at $787.48 million in FY2024 (+122.4%), $354.02 million in FY2023 (-84.3%), $2.26 billion in FY2022 (+78.2%) and $1.27 billion in FY2021.
- Five-year quarterly Change in Inventory spans a low of -$449.45 million in Q4 2022 and a high of $1.02 billion in Q3 2022.
- Year over year, Change in Inventory has now increased in each of the last three quarters, with growth averaging 50.5% over the last six quarters.
- The high point for year-over-year Change in Inventory in five years was Q1 2024 (growth of 238.7%); the low point was Q1 2023 (a decline of 89.5%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $430.91 million (Q2 2026), $376.39 million (Q1 2026) and -$422.49 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 42.23 Bn | 32.53 Bn | 2.15 Bn | 532.90 Mn |
| 2 | Pultegroup | 24.45 Bn | 17.81 Bn | 1.07 Bn | 342.05 Mn |
| 3 | Lennar | 20.89 Bn | 11.26 Bn | 618.54 Mn | 649.89 Mn |
| 4 | Nvr | 16.29 Bn | 10.42 Bn | 482.36 Mn | 137.50 Mn |
| 5 | Toll Brothers | 14.27 Bn | 9.64 Bn | 625.22 Mn | 328.54 Mn |
| 6 | Cavco Industries | 5.07 Bn | 4.03 Bn | 147.61 Mn | 2.13 Mn |
| 7 | Champion Homes | 5.06 Bn | 2.27 Bn | 185.60 Mn | 3.35 Mn |
| 8 | Meritage Homes | 4.37 Bn | 1.35 Bn | 410.22 Mn | 73.66 Mn |
| 9 | M | 3.35 Bn | 533.96 Mn | - | 95.39 Mn |
| 10 | Kb Home | 3.06 Bn | 2.26 Bn | -857.09 Mn | 252.93 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 342.05 Mn |
| Jun 30, 2026 | 430.91 Mn |
| Mar 31, 2026 | 376.39 Mn |
| Dec 31, 2025 | -422.49 Mn |
| Sep 30, 2025 | 102.82 Mn |
| Jun 30, 2025 | 262.46 Mn |
| Mar 31, 2025 | 270.58 Mn |
| Dec 31, 2024 | -17.86 Mn |
| Sep 30, 2024 | 331.67 Mn |
| Jun 30, 2024 | 184.42 Mn |
| Mar 31, 2024 | 289.25 Mn |
| Dec 31, 2023 | 180.64 Mn |
| Sep 30, 2023 | 225.38 Mn |
| Jun 30, 2023 | -137.41 Mn |
| Mar 31, 2023 | 85.41 Mn |
| Dec 31, 2022 | -449.45 Mn |
| Sep 30, 2022 | 1.02 Bn |
| Jun 30, 2022 | 868.36 Mn |
| Mar 31, 2022 | 814.77 Mn |
| Dec 31, 2021 | 129.05 Mn |
Pultegroup Change in Inventory API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-inventory&ticker=PHM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-inventory", "ticker": "PHM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=change-in-inventory&ticker=PHM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();