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
DateValue
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