Saturday 31 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.

124.74 0.38 +0.31%

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Market cap: $22.9B
P/E: 12.7×
Fwd P/E: 13.4×
Dividend yield: 0.83%
F-score: 5/9
Altman Z: 4.98
Beneish M: n/a
Dividend safety: 92/100

Overview Business Profile Financial Analysis Segments Filings

PulteGroup, Inc. (PHM) revenue by segment, product and region

Where the money comes from and where it goes

Fiscal 2025: revenue by segment, and margins
Homebuilding	16,923	97.75%
Financial Services	389	2.25%
Gross margin		26.41%
Operating margin		16.79%
Pre-tax margin		16.82%

Revenue by segment $m

Line	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016
Homebuilding	16,923 97.75%	17,514 97.59%	15,741 98.00%	15,691 98.05%	13,537 98.55%	10,674 96.72%	9,979 97.70%	9,983 97.98%	8,386 97.76%	7,495 97.64%
Financial Services	389 2.25%	433 2.41%	321 2.00%	312 1.95%	390 2.84%	362 3.28%	234 2.30%	205 2.02%	192 2.24%	181 2.36%
Eliminations	—	—	—	—	(190) (1.38%)	—	—	—	—	—
Revenue	17,312	17,947	16,062	16,003	13,737	11,036	10,213	10,188	8,578	7,677

Gross profit by segment $m, and margin

	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016
Homebuilding	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Financial Services	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Gross profit	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
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Operating figures as reported in each quarter’s results release or filing

Figure	Quarter	Latest	A year before	Change
Average community count	Q3 FY2026	1.1K	1.0K	+7.49%
Average selling price	Q3 FY2026	$561,000.00	$564,000.00	−0.53%
Closings - units	Q3 FY2026	6.9K	7.5K	−8.67%
Dollars in backlog	Q3 FY2026	$6.4B	$6.2B	+3.37%
Net new orders - dollars	Q3 FY2026	$3.5B	$3.6B	−3.88%
Net new orders - units	Q3 FY2026	6.2K	6.6K	−6.48%
Origination principal	Q3 FY2026	$1.9B	$2.1B	−6.54%
Origination volume	Q3 FY2026	4.4K	4.8K	−7.19%
Unit backlog	Q3 FY2026	10.3K	9.9K	+4.15%

	Q3 FY2026	Q2 FY2026	Q1 FY2026	Q4 FY2025	Q3 FY2025	Q2 FY2025	Q1 FY2025	Q4 FY2024	Q3 FY2024	Q2 FY2024	Q1 FY2024	Q4 FY2023
Average community count	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Average selling price	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Closings - units	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Dollars in backlog	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Net new orders - dollars	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Net new orders - units	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Origination principal	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Origination volume	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Unit backlog	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡

As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.