PHM: 10-K Risk Factor Changes

2025 vs 2024  ·  SEC EDGAR  ·  2026-10-16
Other years: 2026 vs 2025
⚠ AI Risk Brief Interpretation layer — deterministic data below

PHM added AI demand prediction risk and ERP implementation risk; supply chain and inflation pressures persist.

✓ Deterministic extraction — no AI-generated data

Classification is based on semantic text similarity scoring and may include approximations. “No match” means no high-confidence textual match was found — not necessarily that a section was removed.

2
New Risks
0
Removed
4
Modified
18
Unchanged
🟢 New in Current Filing Disclosure change9/10

An inability to accurately predict customer preferences or demand, or to respond effectively to technological developments, including artificial intelligence, could materially impact the business.

🟢 New in Current Filing We are implementing a new enterprise resource planning system, and challenges with the implementation of the system may impact our business and operations. 🔒
🟡 Modified Supply shortages and other risks related to the demand for skilled labor and building materials increased costs and delayed deliveries and could continue to do so. 🔒
🟡 Modified Our business was materially and adversely disrupted by the outbreak and worldwide spread of COVID-19 and could be materially and adversely disrupted by another epidemic or pandemic like COVID-19, or similar public threat, or fear of such an event, and the measures that international, federal, state and local governments, agencies, law enforcement and/or health authorities implement to address it. 🔒

And 2 more changes in the full comparison.

5 changes in this historical filing

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