PHM vs TMHC
PulteGroup Inc. and Taylor Morrison Home Corp., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | PHM | TMHC |
|---|---|---|
| Revenue | $17.3B | $8.1B |
| Net income | $2.2B | $782.5M |
| Gross margin | · | 23.0% |
| Net margin | 12.8% | 9.7% |
| Return on equity | 17.7% | 12.9% |
| Diluted EPS | $11.12 | $7.77 |
| Dividend / share | $0.92 | · |
| Payout ratio | 8.0% | · |
| Free cash flow | $1.7B | $777.0M |
| Equity | $13.0B | $6.3B |
| Net debt / equity | −0.15× | 0.23× |
| Current ratio | · | · |
| Revenue CAGR 5y | 9.4% | 5.8% |
| Profit CAGR 5y | 9.5% | 26.3% |
PHM bills 2.1× the revenue of TMHC, and keeps more of each dollar of revenue as profit (12.8% against 9.7%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | PHM | TMHC |
|---|---|---|
| FY2025 | $17.3B | $8.1B |
| FY2024 | $17.9B | $8.2B |
| FY2023 | $16.1B | $7.4B |
| FY2022 | $16.0B | $8.2B |
| FY2021 | $13.7B | $7.5B |
| FY2020 | $11.0B | $6.1B |
| FY2019 | $10.2B | $4.8B |
| FY2018 | $10.2B | $4.2B |
| FY2017 | $8.6B | $3.9B |
| FY2016 | $7.7B | $3.6B |
Bottom line
| Fiscal year | PHM | TMHC |
|---|---|---|
| FY2025 | $2.2B | $782.5M |
| FY2024 | $3.1B | $883.3M |
| FY2023 | $2.6B | $768.9M |
| FY2022 | $2.6B | $1.1B |
| FY2021 | $1.9B | $663.0M |
| FY2020 | $1.4B | $243.4M |
| FY2019 | $1.0B | $254.7M |
| FY2018 | $1.0B | $206.4M |
| FY2017 | $447.2M | $91.2M |
| FY2016 | $602.7M | $52.6M |
14 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$9,190,473,000 | PHM |
| FY2024 | +$9,778,814,000 | PHM |
| FY2023 | +$8,643,747,000 | PHM |
| FY2022 | +$7,778,062,000 | PHM |
| FY2021 | +$6,235,730,000 | PHM |
| FY2020 | +$4,906,762,000 | PHM |
| FY2019 | +$5,450,898,000 | PHM |
| FY2018 | +$5,960,938,000 | PHM |
| FY2017 | +$4,692,396,000 | PHM |
| FY2016 | +$4,126,501,000 | PHM |
| FY2015 | +$3,005,144,000 | PHM |
| FY2014 | +$3,113,931,000 | PHM |
| FY2013 | +$3,763,514,000 | PHM |
| FY2012 | +$3,778,816,000 | PHM |
PHM has reported the higher revenue in every one of these 14 fiscal years. The gap has widened since the earliest year compared.
14 of 18 comparable fiscal years — a year missing data on either side is not counted.
14 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +3.1 pp | PHM |
| FY2024 | +6.3 pp | PHM |
| FY2023 | +5.8 pp | PHM |
| FY2022 | +3.5 pp | PHM |
| FY2021 | +5.1 pp | PHM |
| FY2020 | +8.7 pp | PHM |
| FY2019 | +4.6 pp | PHM |
| FY2018 | +5.1 pp | PHM |
| FY2017 | +0.7 pp | PHM |
| FY2016 | +2.0 pp | PHM |
| FY2015 | +0.6 pp | PHM |
| FY2014 | −1.7 pp | TMHC |
| FY2013 | +41.2 pp | PHM |
| FY2012 | −37.1 pp | TMHC |
The higher net margin has changed hands between PHM and TMHC over this period.
14 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
PHM's net margin has been more volatile than TMHC's over the 14 comparable fiscal years — 9.9 percentage points of standard deviation against 9.1.
14 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between PHM and TMHC over these 14 fiscal years — PHM led in 12 and TMHC in 2.
14 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
PHM's return on equity has been more volatile than TMHC's over the 14 comparable fiscal years — 16.5 percentage points of standard deviation against 10.0.
14 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between PHM and TMHC over these 14 fiscal years — PHM led in 11 and TMHC in 3.
14 of 18 comparable fiscal years — a year missing data on either side is not counted.