Pultegroup (PHM) Change in Inventory (2009 - 2026)
Pultegroup (PHM) reported Change in Inventory of $430.91 million for Q2 2026, up 64.2% from $262.46 million a year earlier and up 14.5% from the prior quarter.
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Analysis
Pultegroup (PHM) Change in Inventory (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Pultegroup's Change in Inventory came in at $487.64 million, down 42.4% 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.
- The Q2 2026 figure ranks as the highest quarterly Change in Inventory since Q3 2022.
- Year over year, Change in Inventory gained in four of the last six quarters, with growth averaging 19.6%.
- 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 Q2 2026 came in at $376.39 million (Q1 2026), -$422.49 million (Q4 2025) and $102.82 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 39.14 Bn | 30.03 Bn | 2.15 Bn | 532.90 Mn |
| 2 | Pultegroup | 22.22 Bn | 15.51 Bn | 1.06 Bn | 430.91 Mn |
| 3 | Lennar | 17.48 Bn | 6.90 Bn | 807.31 Mn | 436.85 Mn |
| 4 | Nvr | 16.60 Bn | 9.88 Bn | 485.14 Mn | 296.78 Mn |
| 5 | Toll Brothers | 12.52 Bn | 7.91 Bn | 625.22 Mn | 328.54 Mn |
| 6 | Taylor Morrison Home | 6.77 Bn | 4.76 Bn | 290.64 Mn | 127.34 Mn |
| 7 | Champion Homes | 4.79 Bn | 2.27 Bn | - | - |
| 8 | Cavco Industries | 4.30 Bn | 3.05 Bn | - | - |
| 9 | Meritage Homes | 4.17 Bn | 1.09 Bn | 513.60 Mn | -98.28 Mn |
| 10 | M | 3.44 Bn | 510.26 Mn | 235.50 Mn | 117.81 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 504.70 Mn |
API Access
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_KEYimport 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();