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NYSE · OPERATIVE BUILDERS · LARGE CAP

PulteGroup Inc. PHM

18 fiscal years on record · USD · FY2025 reported · SEC filings only
8 YEARS OF DIVIDEND GROWTH
$17.3B
▼ 3.5% YoY
$2.2B
▼ 28.0% YoY
$1.7B
▲ 11.9% YoY

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

PulteGroup, Inc. acquires and develops land for residential purposes within the United States and constructs housing on that land, describing homebuilding as its core business. As of December 31, 2025, it operated out of 1,014 active communities in 47 markets across 26 states. During 2025 it delivered closings totaling 29,572 homes, and single-family detached homes represented 83% of its home closings in each of 2025, 2024 and 2023. Its subsidiaries engage primarily in the homebuilding business, and it also has financial services businesses that include mortgage banking, title, and insurance agency operations, conducted through Pulte Mortgage LLC and other subsidiaries. Through brands that include Centex, Pulte Homes, Del Webb, DiVosta Homes, and John Wieland Homes and Neighborhoods, it offers a variety of home designs and options to first-time, move-up, and active adult customer groups. Pulte Mortgage arranges financing through the origination of mortgage loans primarily for the benefit of the company's homebuyers. PulteGroup, Inc. is a Michigan corporation organized in 1956, though it dates its founding to 1950, when its founder, Bill Pulte, built its first home. At December 31, 2025, it employed 6,506 people, of which 1,034 were employed in its Financial Services operations.

Written from the business description in PULTEGROUP, INC.'s annual report to the U.S. Securities and Exchange Commission, filed 4 February 2026. Every sentence was checked against that document before publication.

Growth

USD 17.3B
Revenue, FY2025 · full 18-year series below
Revenue $B Net income $B
FY2025 · Revenue 17.3 · Net income 2.2
10B20B
2008201120142017202020232025
Compound annual growth
+2.7%
+9.4%
+11.2%
+9.3%
−5.4%
+9.5%
+16.2%
+0.3%
+16.5%
+23.4%
+14.7%
+13.0%
+10.8%
+4.1%
+35.6%
+9.6%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +9.4% a year over the five years to FY2025 — but profit grew faster: net income at +9.5%, earnings per share at +16.5%.

The share count fell from 0.27B to 0.19B — the buyback concentrates the same profit into fewer slices.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

13 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Net 12.8%
20%40%-10%-20%
200820162025
ROE
FY2025 · ROE 17.7%
20%40%60%-20%-40%
200820162025
Three returns, three denominators.
Return on capital employedNot available: we don't have total assets or current liabilities for this period.
Gross margin·
Operating margin·
Net margin12.8%
EBITDA·

Each USD of equity produced 18 cents of profit this year.

Cash & shareholders

USD 1.4B
returned in FY2025 · dividends + net buybacks
Free cash flow $B
FY2025 · FCF 1.7
1.0B2.0B-0.1B-0.3B
200820162025
Net buybacks $B Dividends $B
FY2025 · Dividends 0.2 · Net buybacks 1.2
0.5B1.0BDividendsNet buybacks
2008201120142017202020232025
Dividends paidUSD 176.7M
Net buybacksUSD 1.2B
Share of profit62.0%
Consecutive raises8 years

USD 176.7M in dividends and USD 1.2B in buybacks — 62% of the year's profit went back to shareholders.

Total assetsUSD 18.0B
EquityUSD 13.0B
CashUSD 2.0B
Gross debtUSD 43.9M
Net debtUSD -1.9B

The company holds more cash than debt.

The 18-year record

18 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative—not applicable◌not available in our data
PHM, 18-year financial record
Metric 202520242023202220212020201920182017201620152014201320122011201020092008
Revenue $B17.317.916.116.013.711.010.210.28.67.76.05.85.74.84.14.64.16.3
Operating income $B◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌
EBITDA $B◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌
Income tax $B0.70.90.80.80.60.30.30.30.50.30.30.2−2.1−0.0−0.1−0.1−0.8−0.2
Net income $B2.23.12.62.61.91.41.01.00.40.60.50.52.60.2−0.2−1.1−1.2−1.5
Free cash flow $B1.71.62.10.60.91.71.01.40.60.0−0.40.30.90.7−0.00.60.71.2
EPS, diluted $11.1214.6911.7211.017.435.183.663.551.441.751.361.266.720.54−0.55−2.90−3.94−5.81
Dividend / sh $0.920.820.680.610.570.500.450.380.360.360.330.230.150.000.000.000.000.16
Payout %85568912102521231610−0——−3
ROE %17.727.427.031.927.723.419.822.810.112.810.310.076.610.0−10.3−41.2−39.2−51.9
Shares out B0.190.200.210.230.250.270.270.280.290.320.350.370.380.390.380.380.38◌

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

Compare

This company against its peers

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Provenance

Company facts, as filed

How we verify · 0 failures in 53 reconciliationsAUDITED

Reconciled in 18 of the 18 fiscal years we could check. Two checks were skipped: the balance sheet is not tagged before 2009. One check was skipped: EPS is not tagged before 2008.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityOperative Builders
Listed onNYSE
Incorporated inMichigan
Fiscal year endsDecember 31
Data on record since2008

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