PHM · Pultegroup Inc/Mi/ - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $17.31B | $17.95B | $16.06B | $16.23B | $13.93B | $11.04B |
| Cost of Revenue | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - |
| SG&A | $1.57B | $1.32B | $1.31B | $1.38B | $1.21B | $1.01B |
| Total Operating Expenses | - | - | - | - | - | - |
| D&A | $112.51M | $89.16M | $80.82M | $70.92M | $69.95M | $66.08M |
| Operating Income | - | - | - | - | - | - |
| Interest Expense | $605.0K | $479.0K | $469.0K | $284.0K | $502.0K | $4.25M |
| Income Tax | $692.59M | $922.62M | $846.89M | $822.24M | $563.52M | $321.86M |
| Net Income | $2.22B | $3.08B | $2.60B | $2.62B | $1.95B | $1.41B |
| EPS - Basic | $11.21 | $14.82 | $11.79 | $11.07 | $7.44 | $5.19 |
| EPS - Diluted | $11.12 | $14.69 | $11.72 | $11.01 | $7.43 | $5.18 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.98B | $1.61B | $1.81B | $1.05B | $1.78B | $2.58B |
| Accounts Receivable | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - |
| Total Assets | $18.05B | $17.36B | $16.09B | $14.80B | $13.35B | $12.21B |
| Current Liabilities | - | - | - | - | - | - |
| Long-term Debt | $43.90M | $31.10M | $73.50M | $77.30M | $63.90M | - |
| Total Liabilities | $5.06B | $5.24B | $5.70B | $5.88B | $5.86B | $5.64B |
| Stockholders' Equity | $12.99B | $12.12B | $10.38B | $8.91B | $7.49B | $6.57B |
| Retained Earnings | $9.49B | $8.69B | $7.01B | $5.58B | $4.20B | $3.31B |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $1.87B | $1.68B | $2.20B | $668.47M | $1.00B | $1.78B |
| Investing Cash Flow | ($80.42M) | ($94.48M) | ($129.09M) | ($171.74M) | ($124.13M) | ($107.95M) |
| Financing Cash Flow | ($1.44B) | ($1.78B) | ($1.31B) | ($1.24B) | ($1.68B) | ($295.62M) |
| CapEx | $122.72M | $118.55M | $92.20M | $112.66M | $72.78M | $58.35M |
| Free Cash Flow | $1.75B | $1.56B | $2.10B | $555.80M | $931.24M | $1.73B |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | - | - | - | - | - | - |
| Operating margin | - | - | - | - | - | - |
| EBITDA margin | - | - | - | - | - | - |
| Net margin | 12.8% | 17.2% | 16.2% | 16.1% | 14.0% | 12.7% |
| Free cash flow margin | 10.1% | 8.7% | 13.1% | 3.4% | 6.7% | 15.6% |
| FCF / Net income | 0.79 | 0.51 | 0.81 | 0.21 | 0.48 | 1.23 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | 9.1% | 7.4% | 8.2% | 8.5% | 8.7% | 9.2% |
| Effective tax rate | 23.8% | 23.0% | 24.6% | 23.9% | 22.5% | 18.6% |
| Return on assets | 12.3% | 17.8% | 16.2% | 17.7% | 14.6% | 11.5% |
| Return on equity | 17.1% | 25.4% | 25.1% | 29.4% | 26.0% | 21.4% |
| Return on invested capital | - | - | - | - | - | - |
| Liquidity | ||||||
| Current ratio | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - |
| Leverage | ||||||
| Debt / Equity | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | - |
| Debt / Assets | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | - |
| Debt / EBITDA | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - |
| Equity multiplier | 1.39 | 1.43 | 1.55 | 1.66 | 1.78 | 1.86 |
| Liabilities / Assets | 0.28 | 0.30 | 0.35 | 0.40 | 0.44 | 0.46 |
| Efficiency | ||||||
| Asset turnover | 0.96 | 1.03 | 1.00 | 1.10 | 1.04 | 0.90 |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | 10.5x | 7.4x | 8.8x | 4.1x | 7.7x | 8.3x |
| P / B | 1.8x | 1.9x | 2.2x | 1.2x | 2.0x | 1.8x |
| P / S | 1.4x | 1.3x | 1.4x | 0.7x | 1.1x | 1.1x |
| EV / EBITDA | - | - | - | - | - | - |
| Growth | ||||||
| Revenue growth (YoY) | -3.5% | 11.7% | -1.0% | 16.5% | 26.2% | 8.1% |
| Revenue CAGR (3y) | 2.2% | 8.8% | 13.3% | 16.7% | 22.0% | 8.8% |
| Revenue CAGR (5y) | 9.4% | 11.9% | 15.9% | 13.6% | 12.7% | 13.0% |
| Gross profit growth (YoY) | - | - | - | - | - | - |
| Operating income growth (YoY) | - | - | - | - | - | - |
| Net income growth (YoY) | -28.0% | 18.5% | -0.6% | 34.5% | 38.3% | 38.4% |
| EPS growth (YoY) | -24.3% | 25.3% | 6.4% | 48.2% | 43.4% | 41.5% |
| EPS CAGR (3y) | 0.3% | 25.5% | 31.3% | 44.4% | 27.9% | 53.2% |
| EPS CAGR (5y) | 16.5% | 32.0% | 27.0% | 50.2% | 33.5% | 30.7% |
| FCF growth (YoY) | 11.9% | -25.8% | 278.7% | -40.3% | -46.0% | 69.3% |
| FCF CAGR (5y) | 0.3% | 8.9% | 8.6% | -2.5% | 100.2% | - |
| Book value growth (YoY) | 7.1% | 16.7% | 16.5% | 19.0% | 14.0% | 20.4% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$17.31B totalHome Building Segment$16.92B · 97.8%
Financial Services$388.67M · 2.2%
Product / service
$16.92B totalHome Building Sales$16.74B · 98.9%
Land$179.76M · 1.1%
Stability scores
Piotroski F-score
FY 2025 · 9-point quality
3/9
Weak
- ✓Net income positive
- ✓Operating cash flow positive
- ✗ROA improved YoY
- ✗Cash flow > net income
- ✗Long-term debt decreased
- -Current ratio improved
- ✓No share dilution
- -Gross margin improved
- ✗Asset turnover improved
Peer comparison
Same SIC group: Operative Builders
Comparing PULTEGROUP INC/MI/ against the 5 most active filers in the same SIC group.
Dividends
$0.96/share trailing 12 months · +14.3% YoY
| Ex-date | Per share |
|---|---|
| Mar 17, 2026 | $0.2600 |
| Dec 16, 2025 | $0.2600 |
| Sep 16, 2025 | $0.2200 |
| Jun 17, 2025 | $0.2200 |
| Mar 18, 2025 | $0.2200 |
| Dec 17, 2024 | $0.2200 |
| Sep 17, 2024 | $0.2000 |
| Jun 18, 2024 | $0.2000 |
| Mar 14, 2024 | $0.2000 |
| Dec 18, 2023 | $0.2000 |
| Sep 15, 2023 | $0.1600 |
| Jun 16, 2023 | $0.1600 |
| Mar 17, 2023 | $0.1600 |
| Dec 13, 2022 | $0.1600 |
| Sep 21, 2022 | $0.1500 |
| Jun 9, 2022 | $0.1500 |
| Mar 14, 2022 | $0.1500 |
| Dec 14, 2021 | $0.1500 |
| Sep 17, 2021 | $0.1400 |
| Jun 10, 2021 | $0.1400 |
| Mar 11, 2021 | $0.1400 |
| Dec 15, 2020 | $0.1400 |
| Sep 18, 2020 | $0.1200 |
| Jun 11, 2020 | $0.1200 |