PulteGroup (PHM) Revenue — Quarter Ended Dec 31, 2023
Revenue in the most recent quarter rose compared to the immediately preceding quarter. However, it fell relative to the same quarter one year earlier.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 Q4
Revenue in the most recent quarter rose compared to the immediately preceding quarter. However, it fell relative to the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$4.3B
Revenue reported for this quarter.
Quarter-over-quarter
+7.2%
Change from the immediately preceding quarter.
Year-over-year
-15.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$16.1B
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 |
|---|---|---|
| Mar 31, 2023 | $3.6B | +13.5% |
| Jun 30, 2023 | $4.2B | +8.0% |
| Sep 30, 2023 | $4B | +2.8% |
| Dec 31, 2023 | $4.3B | -15.5% |
Revenue performance
The sequential increase reflects improved activity from the prior three-month period. This gain partially offset the year-over-year decline.
Quarterly comparison
When measured against the same quarter a year ago, revenue decreased, indicating a weaker performance relative to that prior period. The preceding quarter had also shown a smaller sequential gain.
What to watch
Watch whether the sequential improvement can be sustained in upcoming quarters.