PulteGroup (PHM) Revenue — Quarter Ended Mar 31, 2024
Revenue for the reporting period declined from the immediately preceding quarter but rose from the same period one year earlier. The trailing twelve-month revenue remained at a high level.
Key takeaway
Quarter ended Mar 31, 2024 · FY2024 Q1
Revenue for the reporting period declined from the immediately preceding quarter but rose from the same period one year earlier. The trailing twelve-month revenue remained at a high level.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.9B
Revenue reported for this quarter.
Quarter-over-quarter
-8.0%
Change from the immediately preceding quarter.
Year-over-year
+10.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$16.4B
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 |
|---|---|---|
| Jun 30, 2023 | $4.2B | +8.0% |
| Sep 30, 2023 | $4B | +2.8% |
| Dec 31, 2023 | $4.3B | -15.5% |
| Mar 31, 2024 | $3.9B | +10.4% |
Revenue performance
The reported revenue decreased sequentially from the prior quarter, while it increased compared to the year-ago quarter.
Quarterly comparison
Sequentially, revenue was lower than the quarter ended December 31, 2023. On a year-over-year basis, revenue exceeded the quarter ended March 31, 2023.
What to watch
Monitor whether the sequential revenue decline reverses in upcoming quarters.