PulteGroup Inc

PHM

Equity

ISIN null / Valor 90044

New York Stock Exchange, Inc (2025-10-17)

USD 124.45+0.46%

PulteGroup Inc
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About company

PulteGroup Inc, founded in 1950 by Bill Pulte, has grown from a single home construction to become the third largest homebuilder in the United States, with operations spanning over 40 major cities. The company has a strategic focus on achieving high returns on invested capital and equity throughout the housing cycle, a principle that has positioned it among the leaders in the homebuilding industry based on key operating and financial metrics. Over the years, PulteGroup has delivered almost 750,000 homes, catering to a diverse range of customer needs through its portfolio of brands including Pulte, Centex, Del Webb, DiVosta, American West, and John Wieland Homes and Neighborhoods. These brands allow PulteGroup to serve first-time buyers, those looking to move up, and active-adult homebuyers, showcasing the company's adaptability and commitment to meeting the evolving demands of the housing market.

Summarized from source with an LLMView SourceSector: Industrials

Earnings and Net Income

PulteGroup Inc reported net income of $608 million, or $3.03 per share, for the second quarter of 2025. This reflects a decrease from the prior year's $809 million, or $3.83 per share, influenced by one-time insurance and tax benefits in the previous period.

Home Sales and Revenue

The company closed 7,639 homes in Q2 2025, generating home sale revenues of $4.3 billion, a 4% decrease from the prior year. This decline was due to a 6% reduction in closings, partially offset by a 2% increase in the average sales price to $559,000.

Gross Margin and Operating Expenses

PulteGroup achieved a home sale gross margin of 27.0% in the second quarter, down from 29.9% the previous year but within the company's guidance range. Selling, General & Administrative (SG&A) expenses were $390 million, representing 9.1% of home sale revenues.

Orders and Backlog

Net new orders for Q2 2025 totaled 7,083 homes valued at $3.9 billion, a 7% decrease from the prior year. The company's backlog stands at 10,779 homes with a value of $6.8 billion, positioning PulteGroup for future growth as demand strengthens.

Financial Position

PulteGroup reduced its debt-to-capital ratio to 11.4% and ended the quarter with a cash balance of $1.3 billion. The company also repurchased $300 million of its common shares during the quarter, enhancing shareholder value.

Summarized from source with an LLMView Source

Key figures

-14.7%1Y

225%3Y

161%5Y

Performance

35.6%1Y

33.3%3Y

35.7%5Y

Volatility