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) Operating margin

Alert me on Operating margin

PulteGroup, Inc.'s operating margin over the twelve months to 30 June 2026 was 15.2%, down 1.6 percentage points from fiscal 2025 (16.8%). Over the past ten years it has ranged from 10.9% (fiscal 2017) to 22.1% (fiscal 2024); the current reading is higher than 64% of that period. That is above the Residential Construction industry median of 9.03% and above the Consumer Cyclical sector median of 3.57%.

Operating margin, annual

Embed this chart

Annual newest first

Period Operating margin Change (points)
FY2025 16.8% (5.28)
FY2024 22.1% 0.62
FY2023 21.5% 0.27
FY2022 21.2% 2.59
FY2021 18.6% 2.93
FY2020 15.7% 2.50
FY2019 13.2% (0.07)
FY2018 13.2% 2.29
FY2017 10.9% (1.22)
FY2016 12.2% (1.48)

Quarterly newest first

Period Operating margin Change (points)
Jun 2026 15.5% 2.37
Mar 2026 13.2% (1.03)
Dec 2025 14.2% (3.19)
Sep 2025 17.4% (0.94)
42 more quarters

Against its own ten years

Low 10.9% High 22.1%
Ten-year median 15.7%
Current reading's percentile 48

Operating margin against peers

Company Operating margin
NVR NVR, Inc. compare 16.0%
PHM PulteGroup, Inc. 15.2%
TOL Toll Brothers Inc. compare 13.8%
IBP Installed Building Products, Inc. compare 12.4%
DHI D.R. Horton, Inc. compare 11.4%
CVCO Cavco Industries, Inc. compare 9.62%
SKY Champion Homes, Inc. compare 8.74%
LEN Lennar Corporation compare 5.63%
LEN.B Lennar Corporation compare 5.63%
Residential Construction industry median 9.03%
Consumer Cyclical sector median 3.57%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

More on PHM