PHM (PulteGroup) Change In Inventory: $-319 Mil (TTM As of Mar. 2026)

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PHM PulteGroup Inc PHM
92 GF Score
Price $124.26
GF Value $118.02
Valuation Fairly Valued
! 3 Warning Signs
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What is PulteGroup Change In Inventory?

PulteGroup PHM +0.88% 92 Change In Inventory is $-319 Mil as of Mar. 2026. GuruFocus rates PHM with a GF Score™ of 92/100 and a GF Value™ of $118.02 (Fairly Valued). The stock has 3 warning signs investors should review.

PulteGroup's change in inventory for the quarter that ended in Mar. 2026 was $-376 Mil. It means PulteGroup's inventory increased by $376 Mil from Dec. 2025 to Mar. 2026 .

PulteGroup's change in inventory for the fiscal year that ended in Dec. 2025 was $-213 Mil. It means PulteGroup's inventory increased by $213 Mil from Dec. 2024 to Dec. 2025 .

PulteGroup's Total Inventories for the quarter that ended in Mar. 2026 was $13,301 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. PulteGroup's Days Inventory for the quarter that ended in Mar. 2026 was 462.29.

Inventory Turnover measures how fast the company turns over its inventory within a year. PulteGroup's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.20.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. PulteGroup's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 3.84.


PulteGroup  (NYSE:PHM) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

PulteGroup's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=13103.4255/2586.466*365 / 4
=462.29

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

PulteGroup's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

3. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

PulteGroup's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=13103.4255 / 3408.572
=3.84

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


PulteGroup Change In Inventory Related Terms


PulteGroup Change In Inventory Historical Data

* Premium members only.

The historical data trend for PulteGroup's Change In Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

PulteGroup Change In Inventory Chart

PulteGroup Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,266.40 -2,256.69 -354.02 -787.48 -213.37

PulteGroup Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Change In Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -270.58 -262.46 -102.82 422.49 -376.39
PHM
92GF Score
PulteGroup Inc PHM
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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PulteGroup Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-319 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of $-319 Mil mean?
PulteGroup (PHM) has a Change In Inventory of $-319 Mil as of Mar. 2026. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for PulteGroup and its competitors.
Is PulteGroup's Change In Inventory too high?
PulteGroup's current Change In Inventory is $-319 Mil. Overall, PulteGroup has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PulteGroup's Change In Inventory compare to LEN and NVR?
PulteGroup's Change In Inventory of $-319 Mil can be compared against companies in the Homebuilding & Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for a Homebuilding & Construction company?
A good Change In Inventory depends on the Homebuilding & Construction industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for PulteGroup and its competitors. PulteGroup's current Change In Inventory is $-319 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PulteGroup stock overvalued right now?
Based on GuruFocus' analysis, PulteGroup (PHM) is currently considered Fairly Valued. The stock's GF Value™ is $118.02, compared to a current price of $124.26 — trading 5.3% above its estimated fair value. The current Change In Inventory is $-319 Mil. PulteGroup's overall GF Score™ is 92/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For PulteGroup (PHM), the current Change In Inventory is $-319 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is PulteGroup (PHM) Overvalued in 2026?

Based on GuruFocus' analysis, PulteGroup stock appears to be overvalued. The current stock price of $124.26 is trading 5.3% above its estimated GF Value™ of $118.02. GuruFocus considers PulteGroup to be Fairly Valued.

Key valuation signals for PHM:

  • Change In Inventory: $-319 Mil
  • GF Value™: $118.02 vs. price of $124.26 (5.3% above fair value)
  • GF Score™: 92/100 with 3 warning signs

No single metric tells the full story. See the PHM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PulteGroup Business Description

Address 3350 Peachtree Road NE, Suite 1500, Atlanta, GA, USA, 30326
PulteGroup Inc is a homebuilder in the United States. The company mainly builds single-family detached homes and offers products to entry-level, move-up, and active-adult buyers. It also offers homebuyers mortgage financing, title, and insurance agency services through its financial services segment.
92GF Score

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Change In Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$124.26
Price
$118.02
GF Value