PulteGroup (PHM) Revenue — Quarter Ended Jun 30, 2023
Revenue for the quarter rose, extending the upward trajectory seen in recent periods. Both sequential and year-over-year comparisons showed gains.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q2
Revenue for the quarter rose, extending the upward trajectory seen in recent periods. Both sequential and year-over-year comparisons showed gains.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$4.2B
Revenue reported for this quarter.
Quarter-over-quarter
+17.1%
Change from the immediately preceding quarter.
Year-over-year
+8.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$16.7B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 30, 2022 | $3.9B | +12.0% |
| Dec 31, 2022 | $5.1B | +21.8% |
| Mar 31, 2023 | $3.6B | +13.5% |
| Jun 30, 2023 | $4.2B | +8.0% |
Revenue performance
The company reported higher revenue compared to both the immediately preceding quarter and the same period a year earlier.
Quarterly comparison
The revenue level exceeded the prior quarter’s figure and also surpassed the total from the same quarter one year ago.
What to watch
Monitor how the elongation of the production cycle, noted in the filing, may affect future cash deployment and inventory turns.