Pricing Log in Create free account
Saturday 17 October 2026 Export PHM’s income statement to Excel — free account

PulteGroup, Inc.

PHM Consumer Cyclical Residential Construction

PulteGroup, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $17.3 billion, down 3.54% from fiscal 2024. In the quarter to June 2026, revenue fell 9.56%, EPS fell 18.4%, free cash flow fell 105.1% and total debt rose 8.33%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years.

112.81 0.18 −0.16%
Market cap
$21.2B
P/E
11.4×
Fwd P/E
11.8×
Dividend yield
0.92%
F-score
5/9
Altman Z
4.98
Beneish M
n/a
Dividend safety
92/100
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

PulteGroup, Inc. (PHM) Gross margin

Alert me on Gross margin

PulteGroup, Inc.'s gross margin over the twelve months to 30 June 2026 was 25.2%, down 1.3 percentage points from fiscal 2025 (26.4%). Over the past ten years it has ranged from 21.7% (fiscal 2017) to 30.2% (fiscal 2022); the current reading is higher than 55% of that period. That is above the Residential Construction industry median of 22.3% and below the Consumer Cyclical sector median of 35.0%.

Gross margin, annual

Embed this chart

Annual newest first

Period Gross margin Change (points)
FY2025 26.4% (2.68)
FY2024 29.1% (0.29)
FY2023 29.4% (0.83)
FY2022 30.2% 2.68
FY2021 27.5% 2.36
FY2020 25.2% 1.70
FY2019 23.5% 0.17
FY2018 23.3% 1.58
FY2017 21.7% (3.65)
FY2016 25.4% (1.85)

Quarterly newest first

Period Gross margin Change (points)
Jun 2026 25.0% 0.92
Mar 2026 24.1% (0.66)
Dec 2025 24.8% (1.65)
Sep 2025 26.4% (0.78)
42 more quarters

Against its own ten years

Low 21.7% High 30.2%
Ten-year median 26.4%
Current reading's percentile 38

Gross margin against peers

Company Gross margin
IBP Installed Building Products, Inc. compare 33.6%
SKY Champion Homes, Inc. compare 26.0%
PHM PulteGroup, Inc. 25.2%
TOL Toll Brothers Inc. compare 23.8%
CVCO Cavco Industries, Inc. compare 23.2%
DHI D.R. Horton, Inc. compare 22.6%
NVR NVR, Inc. compare 22.0%
LEN Lennar Corporation compare 7.49%
LEN.B Lennar Corporation compare 7.49%
Residential Construction industry median 22.3%
Consumer Cyclical sector median 35.0%
Market median 46.2%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

More on PHM