P

PULTEGROUP, INC.

PHM · CIK 0000822416

18 fiscal years · 0 SEC filings · every number carries its receipt

Revenue (FY)
$17.31B3.5%
FY2025
Net income (FY)
$2.22B28.0%
FY2025
Free cash flow (FY)
$1.75B11.9%
FY2025
Diluted EPS (FY)
$11.1224.3%
FY2025
The story, charted

The shape of the business

FY2008–FY2025 · hover any year for its receipt
Revenue & net incomeRevenueNet income
$0$10BFY2008 · Revenue $6.26B · Net income −$1.47B · 0001193125-11-029989 · filed 2011-02-10FY08Revenue $6.26BNet income −$1.47B0001193125-11-029989 · filed 2011-02-10FY2009 · Revenue $4.08B · Net income −$1.18B · 0000822416-12-000010 · filed 2012-02-09FY09Revenue $4.08BNet income −$1.18B0000822416-12-000010 · filed 2012-02-09FY2010 · Revenue $4.57B · Net income −$1.10B · 0000822416-13-000006 · filed 2013-02-06FY10Revenue $4.57BNet income −$1.10B0000822416-13-000006 · filed 2013-02-06FY2011 · Revenue $4.14B · Net income −$210.4M · 0000822416-14-000010 · filed 2014-02-05FY11Revenue $4.14BNet income −$210.4M0000822416-14-000010 · filed 2014-02-05FY2012 · Revenue $4.82B · Net income $206.1M · 0000822416-15-000007 · filed 2015-02-04FY12Revenue $4.82BNet income $206.1M0000822416-15-000007 · filed 2015-02-04FY2013 · Revenue $5.68B · Net income $2.62B · 0000822416-16-000048 · filed 2016-02-08FY13Revenue $5.68BNet income $2.62B0000822416-16-000048 · filed 2016-02-08FY2014 · Revenue $5.82B · Net income $474.3M · 0000822416-17-000008 · filed 2017-02-01FY14Revenue $5.82BNet income $474.3M0000822416-17-000008 · filed 2017-02-01FY2015 · Revenue $5.98B · Net income $494.1M · 0000822416-18-000009 · filed 2018-02-07FY15Revenue $5.98BNet income $494.1M0000822416-18-000009 · filed 2018-02-07FY2016 · Revenue $7.68B · Net income $602.7M · 0000822416-19-000008 · filed 2019-01-31FY16Revenue $7.68BNet income $602.7M0000822416-19-000008 · filed 2019-01-31FY2017 · Revenue $8.58B · Net income $447.2M · 0000822416-20-000007 · filed 2020-01-30FY17Revenue $8.58BNet income $447.2M0000822416-20-000007 · filed 2020-01-30FY2018 · Revenue $10.19B · Net income $1.02B · 0000822416-21-000007 · filed 2021-02-02FY18Revenue $10.19BNet income $1.02B0000822416-21-000007 · filed 2021-02-02FY2019 · Revenue $10.21B · Net income $1.02B · 0000822416-22-000007 · filed 2022-02-07FY19Revenue $10.21BNet income $1.02B0000822416-22-000007 · filed 2022-02-07FY2020 · Revenue $11.04B · Net income $1.41B · 0000822416-23-000007 · filed 2023-02-06FY20Revenue $11.04BNet income $1.41B0000822416-23-000007 · filed 2023-02-06FY2021 · Revenue $13.74B · Net income $1.95B · 0000822416-24-000010 · filed 2024-02-05FY21Revenue $13.74BNet income $1.95B0000822416-24-000010 · filed 2024-02-05FY2022 · Revenue $16.00B · Net income $2.62B · 0000822416-25-000007 · filed 2025-02-06FY22Revenue $16.00BNet income $2.62B0000822416-25-000007 · filed 2025-02-06FY2023 · Revenue $16.06B · Net income $2.60B · 0000822416-26-000007 · filed 2026-02-04FY23Revenue $16.06BNet income $2.60B0000822416-26-000007 · filed 2026-02-04FY2024 · Revenue $17.95B · Net income $3.08B · 0000822416-26-000007 · filed 2026-02-04FY24Revenue $17.95BNet income $3.08B0000822416-26-000007 · filed 2026-02-04FY2025 · Revenue $17.31B · Net income $2.22B · 0000822416-26-000007 · filed 2026-02-04FY25Revenue $17.31BNet income $2.22B0000822416-26-000007 · filed 2026-02-04FY25Revenue $17.31BNet income $2.22B0000822416-26-000007 · filed 2026-02-04FY09FY11FY13FY15FY17FY19FY21FY23FY25

revenue 2.8× since FY2008 · net margin -23.5% → 12.8%

MarginsNet marginFCF margin
0%50%FY2008 · Net margin -23.5% · FCF margin 19.2%FY08Net margin -23.5%FCF margin 19.2%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2009 · Net margin -29.0% · FCF margin 16.9%FY09Net margin -29.0%FCF margin 16.9%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2010 · Net margin -24.0% · FCF margin 12.6%FY10Net margin -24.0%FCF margin 12.6%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2011 · Net margin -5.1% · FCF margin -0.1%FY11Net margin -5.1%FCF margin -0.1%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2012 · Net margin 4.3% · FCF margin 15.5%FY12Net margin 4.3%FCF margin 15.5%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2013 · Net margin 46.1% · FCF margin 15.0%FY13Net margin 46.1%FCF margin 15.0%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2014 · Net margin 8.1% · FCF margin 4.4%FY14Net margin 8.1%FCF margin 4.4%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2015 · Net margin 8.3% · FCF margin -6.4%FY15Net margin 8.3%FCF margin -6.4%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2016 · Net margin 7.9% · FCF margin 0.4%FY16Net margin 7.9%FCF margin 0.4%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2017 · Net margin 5.2% · FCF margin 7.4%FY17Net margin 5.2%FCF margin 7.4%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2018 · Net margin 10.0% · FCF margin 13.6%FY18Net margin 10.0%FCF margin 13.6%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2019 · Net margin 10.0% · FCF margin 10.0%FY19Net margin 10.0%FCF margin 10.0%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2020 · Net margin 12.7% · FCF margin 15.6%FY20Net margin 12.7%FCF margin 15.6%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2021 · Net margin 14.2% · FCF margin 6.8%FY21Net margin 14.2%FCF margin 6.8%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2022 · Net margin 16.4% · FCF margin 3.5%FY22Net margin 16.4%FCF margin 3.5%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2023 · Net margin 16.2% · FCF margin 13.1%FY23Net margin 16.2%FCF margin 13.1%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2024 · Net margin 17.2% · FCF margin 8.7%FY24Net margin 17.2%FCF margin 8.7%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2025 · Net margin 12.8% · FCF margin 10.1%FY25Net margin 12.8%FCF margin 10.1%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY25Net margin 12.8%FCF margin 10.1%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenue’09’13’17’21’25

FY2025: net 12.8% · free cash flow 10.1% of revenue

Cash engineOperating cash flowFree cash flow
$0$1B$2BFY2008 · OCF $1.22B · FCF $1.20B · 0001193125-11-029989 · filed 2011-02-10FY08OCF $1.22BFCF $1.20B0001193125-11-029989 · filed 2011-02-10FY2009 · OCF $729.4M · FCF $690.1M · 0000822416-12-000010 · filed 2012-02-09FY09OCF $729.4MFCF $690.1M0000822416-12-000010 · filed 2012-02-09FY2010 · OCF $592.1M · FCF $576.9M · 0000822416-13-000006 · filed 2013-02-06FY10OCF $592.1MFCF $576.9M0000822416-13-000006 · filed 2013-02-06FY2011 · OCF $17.3M · FCF −$4.0M · 0000822416-14-000010 · filed 2014-02-05FY11OCF $17.3MFCF −$4.0M0000822416-14-000010 · filed 2014-02-05FY2012 · OCF $760.1M · FCF $746.2M · 0000822416-15-000007 · filed 2015-02-04FY12OCF $760.1MFCF $746.2M0000822416-15-000007 · filed 2015-02-04FY2013 · OCF $881.1M · FCF $852.2M · 0000822416-16-000048 · filed 2016-02-08FY13OCF $881.1MFCF $852.2M0000822416-16-000048 · filed 2016-02-08FY2014 · OCF $307.9M · FCF $259.1M · 0000822416-17-000008 · filed 2017-02-01FY14OCF $307.9MFCF $259.1M0000822416-17-000008 · filed 2017-02-01FY2015 · OCF −$337.6M · FCF −$383.0M · 0000822416-18-000009 · filed 2018-02-07FY15OCF −$337.6MFCF −$383.0M0000822416-18-000009 · filed 2018-02-07FY2016 · OCF $68.3M · FCF $29.0M · 0000822416-19-000008 · filed 2019-01-31FY16OCF $68.3MFCF $29.0M0000822416-19-000008 · filed 2019-01-31FY2017 · OCF $663.1M · FCF $631.0M · 0000822416-20-000007 · filed 2020-01-30FY17OCF $663.1MFCF $631.0M0000822416-20-000007 · filed 2020-01-30FY2018 · OCF $1.45B · FCF $1.39B · 0000822416-21-000007 · filed 2021-02-02FY18OCF $1.45BFCF $1.39B0000822416-21-000007 · filed 2021-02-02FY2019 · OCF $1.08B · FCF $1.02B · 0000822416-22-000007 · filed 2022-02-07FY19OCF $1.08BFCF $1.02B0000822416-22-000007 · filed 2022-02-07FY2020 · OCF $1.78B · FCF $1.73B · 0000822416-23-000007 · filed 2023-02-06FY20OCF $1.78BFCF $1.73B0000822416-23-000007 · filed 2023-02-06FY2021 · OCF $1.00B · FCF $931.2M · 0000822416-24-000010 · filed 2024-02-05FY21OCF $1.00BFCF $931.2M0000822416-24-000010 · filed 2024-02-05FY2022 · OCF $668.5M · FCF $555.8M · 0000822416-25-000007 · filed 2025-02-06FY22OCF $668.5MFCF $555.8M0000822416-25-000007 · filed 2025-02-06FY2023 · OCF $2.20B · FCF $2.10B · 0000822416-26-000007 · filed 2026-02-04FY23OCF $2.20BFCF $2.10B0000822416-26-000007 · filed 2026-02-04FY2024 · OCF $1.68B · FCF $1.56B · 0000822416-26-000007 · filed 2026-02-04FY24OCF $1.68BFCF $1.56B0000822416-26-000007 · filed 2026-02-04FY2025 · OCF $1.87B · FCF $1.75B · 0000822416-26-000007 · filed 2026-02-04FY25OCF $1.87BFCF $1.75B0000822416-26-000007 · filed 2026-02-04FY25OCF $1.87BFCF $1.75B0000822416-26-000007 · filed 2026-02-04’09’13’17’21’25

FY2025: $1.87B operating cash − $122.7M capex = $1.75B free cash flow

Returns on capitalReturn on equityReturn on assets
-50%0%50%FY2009 · ROE -37.0% · ROA -11.8%FY09ROE -37.0%ROA -11.8%derived: net income ÷ equity · derived: net income ÷ assetsFY2010 · ROE -51.4% · ROA -14.2%FY10ROE -51.4%ROA -14.2%derived: net income ÷ equity · derived: net income ÷ assetsFY2011 · ROE -10.9% · ROA -3.1%FY11ROE -10.9%ROA -3.1%derived: net income ÷ equity · derived: net income ÷ assetsFY2012 · ROE 9.4% · ROA 3.1%FY12ROE 9.4%ROA 3.1%derived: net income ÷ equity · derived: net income ÷ assetsFY2013 · ROE 56.4% · ROA 30.0%FY13ROE 56.4%ROA 30.0%derived: net income ÷ equity · derived: net income ÷ assetsFY2014 · ROE 9.9% · ROA 5.5%FY14ROE 9.9%ROA 5.5%derived: net income ÷ equity · derived: net income ÷ assetsFY2015 · ROE 10.4% · ROA 5.4%FY15ROE 10.4%ROA 5.4%derived: net income ÷ equity · derived: net income ÷ assetsFY2016 · ROE 12.9% · ROA 5.9%FY16ROE 12.9%ROA 5.9%derived: net income ÷ equity · derived: net income ÷ assetsFY2017 · ROE 10.8% · ROA 4.6%FY17ROE 10.8%ROA 4.6%derived: net income ÷ equity · derived: net income ÷ assetsFY2018 · ROE 21.2% · ROA 10.0%FY18ROE 21.2%ROA 10.0%derived: net income ÷ equity · derived: net income ÷ assetsFY2019 · ROE 18.6% · ROA 9.5%FY19ROE 18.6%ROA 9.5%derived: net income ÷ equity · derived: net income ÷ assetsFY2020 · ROE 21.4% · ROA 11.5%FY20ROE 21.4%ROA 11.5%derived: net income ÷ equity · derived: net income ÷ assetsFY2021 · ROE 26.0% · ROA 14.6%FY21ROE 26.0%ROA 14.6%derived: net income ÷ equity · derived: net income ÷ assetsFY2022 · ROE 29.4% · ROA 17.7%FY22ROE 29.4%ROA 17.7%derived: net income ÷ equity · derived: net income ÷ assetsFY2023 · ROE 25.1% · ROA 16.2%FY23ROE 25.1%ROA 16.2%derived: net income ÷ equity · derived: net income ÷ assetsFY2024 · ROE 25.4% · ROA 17.8%FY24ROE 25.4%ROA 17.8%derived: net income ÷ equity · derived: net income ÷ assetsFY2025 · ROE 17.1% · ROA 12.3%FY25ROE 17.1%ROA 12.3%derived: net income ÷ equity · derived: net income ÷ assetsFY25ROE 17.1%ROA 12.3%derived: net income ÷ equity · derived: net income ÷ assets’09’13’17’21’25

return on equity -37% (FY2009) → 17% (FY2025) · on assets 12.3%

Balance sheetLiabilitiesEquity
$0$5B$10B$15BFY2009 · Liabilities $6.86B · Equity $3.19BFY09Liabilities $6.86BEquity $3.19B0001193125-11-029989 · filed 2011-02-10FY2010 · Liabilities $5.56B · Equity $2.14BFY10Liabilities $5.56BEquity $2.14B0000822416-12-000010 · filed 2012-02-09FY2011 · Liabilities $4.95B · Equity $1.94BFY11Liabilities $4.95BEquity $1.94B0000822416-13-000006 · filed 2013-02-06FY2012 · Liabilities $4.54B · Equity $2.19BFY12Liabilities $4.54BEquity $2.19B0000822416-14-000010 · filed 2014-02-05FY2013 · Liabilities $4.09B · Equity $4.65BFY13Liabilities $4.09BEquity $4.65B0000822416-15-000007 · filed 2015-02-04FY2014 · Liabilities $3.76B · Equity $4.80BFY14Liabilities $3.76BEquity $4.80B0000822416-16-000048 · filed 2016-02-08FY2015 · Liabilities $4.43B · Equity $4.76BFY15Liabilities $4.43BEquity $4.76B0000822416-17-000008 · filed 2017-02-01FY2016 · Liabilities $5.52B · Equity $4.66BFY16Liabilities $5.52BEquity $4.66B0000822416-18-000009 · filed 2018-02-07FY2017 · Liabilities $5.53B · Equity $4.15BFY17Liabilities $5.53BEquity $4.15B0000822416-19-000008 · filed 2019-01-31FY2018 · Liabilities $5.36B · Equity $4.82BFY18Liabilities $5.36BEquity $4.82B0000822416-20-000007 · filed 2020-01-30FY2019 · Liabilities $5.26B · Equity $5.46BFY19Liabilities $5.26BEquity $5.46B0000822416-21-000007 · filed 2021-02-02FY2020 · Liabilities $5.64B · Equity $6.57BFY20Liabilities $5.64BEquity $6.57B0000822416-22-000007 · filed 2022-02-07FY2021 · Liabilities $5.86B · Equity $7.49BFY21Liabilities $5.86BEquity $7.49B0000822416-23-000007 · filed 2023-02-06FY2022 · Liabilities $5.88B · Equity $8.91BFY22Liabilities $5.88BEquity $8.91B0000822416-24-000010 · filed 2024-02-05FY2023 · Liabilities $5.70B · Equity $10.38BFY23Liabilities $5.70BEquity $10.38B0000822416-25-000007 · filed 2025-02-06FY2024 · Liabilities $5.24B · Equity $12.12BFY24Liabilities $5.24BEquity $12.12B0000822416-26-000007 · filed 2026-02-04FY2025 · Liabilities $5.06B · Equity $12.99BFY25Liabilities $5.06BEquity $12.99B0000822416-26-000007 · filed 2026-02-04FY25Liabilities $5.06BEquity $12.99B0000822416-26-000007 · filed 2026-02-04’09’13’17’21’25

FY2025: $18.05B assets · $5.06B liabilities · $12.99B equity

The receipts