PulteGroup Inc

PHM

Equity

ISIN null / Valor 90044

New York Stock Exchange, Inc (2025-11-21)

USD 120.32+5.22%

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 earnings of $2.96 per share for the third quarter of 2025, with a net income of $586 million. This marks a decrease from the prior year's net income of $698 million, or $3.35 per share.

Home Sales and Revenues

The company closed 7,529 homes, generating $4.2 billion in home sale revenues—a 2% decrease compared to $4.3 billion in the same quarter last year. This slight decline was offset by a 3% increase in the average sales price of homes closed, reaching $564,000.

Gross Margin and Expenses

PulteGroup achieved a home sale gross margin of 26.2%, down from 28.8% in the third quarter of 2024. Selling, General, and Administrative (SG&A) expenses remained steady at $401 million, representing 9.4% of home sale revenues.

Orders and Backlog

Net new orders for the quarter totaled 6,638 homes valued at $3.6 billion, a 6% decrease from the previous year. The company's backlog increased to 9,888 homes with a value of $6.2 billion, ensuring future revenue streams.

Share Repurchases

PulteGroup repurchased 2.4 million of its common shares for $300 million during the third quarter. Cumulatively, the company has repurchased 8.2 million shares in the first nine months of 2025, totaling $900 million.

Summarized from source with an LLMView Source

Key figures

-6.09%1Y

184%3Y

176%5Y

Performance

35.0%1Y

32.7%3Y

35.3%5Y

Volatility