Pultegroup Financials
This page shows Pultegroup (PHM) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 18 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores
Pultegroup's revenue declined 3.5% year-over-year, from $17.9B to $17.3B. This contraction results in a growth score of 18/100.
Pultegroup carries a low D/E ratio of 0.00, meaning only $0.00 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.
Pultegroup has a free cash flow margin of 10.1%, earning a moderate score of 51/100. The company generates positive cash flow after capital investments, but with room for improvement.
Pultegroup earns a strong 17.1% return on equity (ROE), meaning it generates $17 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 68/100. This is down from 25.4% the prior year.
Pultegroup passes 3 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Pultegroup generates $0.84 in operating cash flow ($1.9B OCF vs $2.2B net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
Key Financial Metrics
Pultegroup generated $17.3B in revenue in fiscal year 2025. This represents a decrease of 3.5% from the prior year.
Pultegroup generated $1.7B in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 11.9% from the prior year.
Pultegroup reported $2.2B in net income in fiscal year 2025. This represents a decrease of 28.0% from the prior year.
Pultegroup earned $11.12 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 24.3% from the prior year.
Pultegroup held $2.0B in cash against $43.9M in long-term debt as of fiscal year 2025.
Pultegroup paid $0.92 per share in dividends in fiscal year 2025. This represents an increase of 12.2% from the prior year.
Pultegroup had 192M shares outstanding in fiscal year 2025. This represents a decrease of 5.0% from the prior year.
Pultegroup's net profit margin was 12.8% in fiscal year 2025, showing the share of revenue converted to profit. This is down 4.4 percentage points from the prior year.
Pultegroup's ROE was 17.1% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 8.4 percentage points from the prior year.
Pultegroup spent $1.2B on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 0.0% from the prior year.
Pultegroup invested $122.7M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 3.5% from the prior year.
PHM Income Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $4.6B+4.7% | $4.4B0.0% | $4.4B+13.1% | $3.9B-20.9% | $4.9B+10.0% | $4.5B-2.7% | $4.6B+16.5% | $3.9B |
| Cost of Revenue | N/A | $3.2B+1.1% | $3.1B+13.6% | $2.8B | N/A | $3.1B-1.3% | $3.2B+15.8% | $2.7B |
| Gross Profit | N/A | $1.2B-2.8% | $1.3B+12.0% | $1.1B | N/A | $1.4B-5.8% | $1.4B+18.0% | $1.2B |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $389.5M-2.8% | $400.7M+2.6% | $390.5M-0.7% | $393.3M+101.1% | $195.6M-51.9% | $406.9M+12.7% | $361.1M+1.0% | $357.6M |
| Operating Income | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Interest Expense | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Tax | $153.6M-15.6% | $182.0M-8.4% | $198.7M+25.5% | $158.3M-41.2% | $269.5M+29.4% | $208.3M-12.9% | $239.2M+16.3% | $205.7M |
| Net Income | $501.6M-14.4% | $585.8M-3.7% | $608.5M+16.4% | $522.8M-42.8% | $913.2M+30.9% | $697.9M-13.7% | $809.1M+22.0% | $663.0M |
| EPS (Diluted) | $2.56-13.5% | $2.96-2.3% | $3.03+17.9% | $2.57-41.7% | $4.41+31.6% | $3.35-12.5% | $3.83+23.5% | $3.10 |
PHM Balance Sheet
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $18.0B+1.1% | $17.9B+1.5% | $17.6B+1.4% | $17.3B-0.2% | $17.4B+2.4% | $17.0B+2.5% | $16.5B+0.3% | $16.5B |
| Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash & Equivalents | $2.0B+36.5% | $1.5B+17.6% | $1.2B-0.1% | $1.2B-23.4% | $1.6B+15.4% | $1.4B+0.3% | $1.4B-19.0% | $1.7B |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | $40.4M-41.4% | $68.9M0.0% | $68.9M0.0% | $68.9M0.0% | $68.9M0.0% | $68.9M0.0% | $68.9M0.0% | $68.9M |
| Total Liabilities | $5.1B+0.8% | $5.0B+0.2% | $5.0B-0.5% | $5.0B-3.9% | $5.2B-2.8% | $5.4B+1.3% | $5.3B-7.2% | $5.7B |
| Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Long-Term Debt | $43.9M | N/A | N/A | N/A | $31.1M | N/A | N/A | N/A |
| Total Equity | $13.0B+1.2% | $12.8B+2.0% | $12.6B+2.2% | $12.3B+1.5% | $12.1B+4.8% | $11.6B+3.0% | $11.2B+4.3% | $10.8B |
| Retained Earnings | $9.5B | N/A | N/A | N/A | $8.7B | N/A | N/A | N/A |
PHM Cash Flow Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $771.1M+13.7% | $678.4M+136.0% | $287.5M+114.2% | $134.2M-76.4% | $567.6M+24.5% | $455.9M+9.2% | $417.5M+74.1% | $239.8M |
| Capital Expenditures | $31.3M+14.9% | $27.3M-21.1% | $34.5M+16.6% | $29.6M+20.9% | $24.5M-36.8% | $38.7M+24.0% | $31.2M+29.8% | $24.1M |
| Free Cash Flow | $739.8M+13.6% | $651.1M+157.4% | $253.0M+141.8% | $104.6M-80.7% | $543.1M+30.2% | $417.2M+8.0% | $386.2M+79.1% | $215.7M |
| Investing Cash Flow | -$16.3M+34.5% | -$24.9M-4623.0% | $551K+101.4% | -$39.7M-386.4% | $13.9M+132.9% | -$42.1M-7.2% | -$39.3M-46.2% | -$26.9M |
| Financing Cash Flow | -$225.6M+48.9% | -$441.2M-48.8% | -$296.6M+37.2% | -$472.3M-23.3% | -$382.9M+5.4% | -$404.6M+42.1% | -$698.3M-135.9% | -$296.0M |
| Dividends Paid | $43.0M-1.0% | $43.5M-1.3% | $44.0M-3.9% | $45.8M+11.4% | $41.1M-1.0% | $41.6M-1.2% | $42.1M-1.4% | $42.7M |
| Share Buybacks | $300.0M0.0% | $300.0M0.0% | $300.0M0.0% | $300.0M-6.3% | $320.0M0.0% | $320.0M+1.9% | $314.2M+27.8% | $245.8M |
PHM Financial Ratios
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | 27.8%-0.8pp | 28.6%-0.3pp | 28.8% | N/A | 30.4%-1.0pp | 31.4%+0.4pp | 31.0% |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | 10.9%-2.4pp | 13.3%-0.5pp | 13.8%+0.4pp | 13.4%-5.1pp | 18.6%+3.0pp | 15.6%-2.0pp | 17.6%+0.8pp | 16.8% |
| Return on Equity | 3.9%-0.7pp | 4.6%-0.3pp | 4.8%+0.6pp | 4.3%-3.3pp | 7.5%+1.5pp | 6.0%-1.2pp | 7.2%+1.0pp | 6.2% |
| Return on Assets | 2.8%-0.5pp | 3.3%-0.2pp | 3.5%+0.4pp | 3.0%-2.2pp | 5.3%+1.1pp | 4.1%-0.8pp | 4.9%+0.9pp | 4.0% |
| Current Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Debt-to-Equity | 0.00-0.4 | 0.390.0 | 0.40-0.0 | 0.41+0.4 | 0.00-0.5 | 0.470.0 | 0.47-0.1 | 0.53 |
| FCF Margin | 16.1%+1.3pp | 14.8%+9.0pp | 5.7%+3.0pp | 2.7%-8.3pp | 11.0%+1.7pp | 9.3%+0.9pp | 8.4%+2.9pp | 5.5% |
Similar Companies
Frequently Asked Questions
What is Pultegroup's annual revenue?
Pultegroup (PHM) reported $17.3B in total revenue for fiscal year 2025. This represents a -3.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Pultegroup's revenue growing?
Pultegroup (PHM) revenue declined by 3.5% year-over-year, from $17.9B to $17.3B in fiscal year 2025.
Is Pultegroup profitable?
Yes, Pultegroup (PHM) reported a net income of $2.2B in fiscal year 2025, with a net profit margin of 12.8%.
What is Pultegroup's earnings per share (EPS)?
Pultegroup (PHM) reported diluted earnings per share of $11.12 for fiscal year 2025. This represents a -24.3% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
How much debt does Pultegroup have?
As of fiscal year 2025, Pultegroup (PHM) had $2.0B in cash and equivalents against $43.9M in long-term debt.
What is Pultegroup's net profit margin?
Pultegroup (PHM) had a net profit margin of 12.8% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does Pultegroup pay dividends?
Yes, Pultegroup (PHM) paid $0.92 per share in dividends during fiscal year 2025.
What is Pultegroup's return on equity (ROE)?
Pultegroup (PHM) has a return on equity of 17.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Pultegroup's free cash flow?
Pultegroup (PHM) generated $1.7B in free cash flow during fiscal year 2025. This represents a 11.9% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Pultegroup's operating cash flow?
Pultegroup (PHM) generated $1.9B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Pultegroup's total assets?
Pultegroup (PHM) had $18.0B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Pultegroup's capital expenditures?
Pultegroup (PHM) invested $122.7M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
Does Pultegroup buy back shares?
Yes, Pultegroup (PHM) spent $1.2B on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.
How many shares does Pultegroup have outstanding?
Pultegroup (PHM) had 192M shares outstanding as of fiscal year 2025.
What is Pultegroup's debt-to-equity ratio?
Pultegroup (PHM) had a debt-to-equity ratio of 0.00 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Pultegroup's return on assets (ROA)?
Pultegroup (PHM) had a return on assets of 12.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Pultegroup's Piotroski F-Score?
Pultegroup (PHM) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Pultegroup's earnings high quality?
Pultegroup (PHM) has an earnings quality ratio of 0.84x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Pultegroup?
Pultegroup (PHM) scores 59 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.