PulteGroup (PHM) Financial Statements
Price: $97.17
Market Cap: $19.59B
Avg Volume: 2.39M
Market Cap: $19.59B
Avg Volume: 2.39M
Country: US
Industry: Residential Construction
Sector: Consumer Cyclical
Industry: Residential Construction
Sector: Consumer Cyclical
Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of PulteGroup.
Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $17.95B | $16.06B | $16.23B | $13.93B | $11.04B | $10.21B | $10.19B | $8.57B | $7.67B | $5.98B |
| Cost of Revenue | $12.73B | $11.34B | $11.39B | $10.14B | $8.26B | $7.82B | $7.81B | $6.71B | $5.73B | $4.56B |
| Gross Profit | $5.22B | $4.72B | $4.83B | $3.78B | $2.78B | $2.40B | $2.37B | $1.86B | $1.94B | $1.42B |
| Gross Profit Ratio | 29.09% | 29.38% | 29.79% | 27.16% | 25.17% | 23.47% | 23.30% | 21.68% | 25.30% | 23.79% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $1.25B | $1.26B | $1.38B | $1.16B | $971.14M | $990.44M | $961.02M | $846.58M | $906.45M | $544.48M |
| Selling and Marketing Expenses | $74.60M | $57.50M | $542 | $47.20M | $40.30M | $53.90M | $51.00M | $45.00M | $50.70M | $45.30M |
| Selling General and Administrative Expenses | $1.32B | $1.31B | $1.38B | $1.21B | $1.01B | $1.04B | $1.01B | $891.58M | $957.15M | $589.78M |
| Other Expenses | $- | $- | $-13.72M | $-2.41M | $-17.83M | $-13.48M | $-13.85M | $-27.95M | $-48.81M | $-17.36M |
| Operating Expenses | $1.33B | $1.31B | $1.38B | $1.21B | $1.01B | $1.04B | $1.01B | $891.58M | $957.15M | $589.78M |
| Cost and Expenses | $14.05B | $12.64B | $12.78B | $11.35B | $9.27B | $8.86B | $8.83B | $7.61B | $6.69B | $5.15B |
| Interest Income | $59.49M | $61.53M | $1.97M | $1.95M | $6.84M | $16.74M | $7.59M | $2.54M | $3.24M | $3.11M |
| Interest Expense | $479.00K | $469.00K | $284.00K | $502.00K | $4.25M | $584.00K | $618.00K | $503.00K | $686.00K | $788.00K |
| Depreciation and Amortization | $89.16M | $80.82M | $70.92M | $69.95M | $66.08M | $54.00M | $49.43M | $51.00M | $54.01M | $46.22M |
| EBITDA | $3.99B | $3.53B | $3.52B | $2.63B | $1.83B | $1.41B | $1.49B | $1.17B | $988.54M | $857.73M |
| EBITDA Ratio | 22.23% | 21.98% | 21.72% | 18.92% | 16.59% | 13.79% | 14.59% | 13.69% | 12.89% | 14.34% |
| Operating Income | $3.90B | $3.43B | $3.45B | $2.64B | $1.79B | $1.35B | $1.35B | $952.98M | $968.86M | $820.49M |
| Operating Income Ratio | 21.73% | 21.32% | 21.28% | 18.92% | 16.19% | 13.25% | 13.23% | 11.12% | 12.63% | 13.72% |
| Total Other Income Expenses Net | $105.95M | $24.16M | $-16.75M | $-63.90M | $-45.93M | $-13.48M | $-49.00K | $-18.59M | $-43.07M | $-4.46M |
| Income Before Tax | $4.01B | $3.45B | $3.44B | $2.51B | $1.73B | $1.34B | $1.35B | $938.83M | $933.85M | $816.02M |
| Income Before Tax Ratio | 22.32% | 21.48% | 21.19% | 18.02% | 15.66% | 13.12% | 13.23% | 10.95% | 12.18% | 13.64% |
| Income Tax Expense | $922.62M | $846.89M | $822.24M | $563.52M | $321.86M | $322.88M | $325.52M | $491.61M | $331.15M | $321.93M |
| Net Income | $3.08B | $2.60B | $2.62B | $1.95B | $1.41B | $1.02B | $1.02B | $447.22M | $602.70M | $494.09M |
| Net Income Ratio | 17.18% | 16.20% | 16.13% | 13.98% | 12.75% | 9.96% | 10.03% | 5.22% | 7.86% | 8.26% |
| EPS | $14.82 | $11.79 | $11.07 | $7.44 | $5.19 | $3.67 | $3.60 | $1.45 | $1.76 | $1.38 |
| EPS Diluted | $14.69 | $11.72 | $11.01 | $7.43 | $5.18 | $3.66 | $3.59 | $1.44 | $1.75 | $1.36 |
| Weighted Average Shares Outstanding | 209.89M | 219.96M | 235.01M | 259.29M | 268.55M | 274.50M | 283.58M | 305.09M | 339.75M | 356.58M |
| Weighted Average Shares Outstanding Diluted | 209.83M | 221.16M | 236.17M | 259.93M | 269.41M | 275.30M | 284.87M | 306.81M | 342.12M | 359.79M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $1.61B | $1.81B | $1.05B | $1.78B | $2.58B | $1.22B | $1.11B | $272.68M | $698.88M | $754.16M |
| Short Term Investments | $629.58M | $516.06M | $677.21M | $947.14M | $564.98M | $508.97M | $461.35M | $570.60M | $539.50M | $442.71M |
| Cash and Short Term Investments | $2.24B | $2.32B | $1.05B | $1.78B | $2.58B | $1.22B | $1.11B | $272.68M | $698.88M | $754.16M |
| Net Receivables | $-1.67B | $236.13M | $217.33M | $289.99M | $200.55M | $132.07M | $347.40M | $313.45M | $436.44M | $497.63M |
| Inventory | $12.67B | $12.52B | $11.33B | $9.05B | $7.72B | $7.68B | $7.25B | $7.15B | $6.77B | $5.45B |
| Other Current Assets | $3.34B | $311.46M | $785.98M | $648.36M | $498.33M | $480.21M | $410.55M | $426.77M | $358.28M | $374.00M |
| Total Current Assets | $16.58B | $15.37B | $13.14B | $11.86B | $10.95B | $9.47B | $8.89B | $8.09B | $8.07B | $6.75B |
| Property Plant Equipment Net | $346.99M | $298.89M | $273.75M | $223.47M | $203.02M | $181.74M | $92.94M | $70.71M | $77.44M | $86.31M |
| Goodwill | $68.93M | $68.93M | $68.90M | $68.90M | $68.90M | $40.40M | $40.40M | $40.40M | $40.40M | $- |
| Intangible Assets | $46.30M | $56.34M | $66.91M | $78.02M | $94.53M | $84.59M | $86.79M | $100.59M | $114.39M | $110.22M |
| Goodwill and Intangible Assets | $115.23M | $125.27M | $135.81M | $146.92M | $163.43M | $124.99M | $127.19M | $140.99M | $154.79M | $110.22M |
| Long Term Investments | $215.42M | $166.91M | $146.76M | $98.16M | $35.56M | $59.77M | $54.59M | $62.96M | $51.45M | $41.27M |
| Tax Assets | $55.04M | $64.76M | $82.35M | $139.04M | $136.27M | $170.11M | $275.58M | $645.29M | $1.05B | $1.39B |
| Other Non-Current Assets | $37.95M | $57.35M | $1.02B | $887.50M | $720.25M | $713.94M | $737.42M | $674.42M | $779.98M | $584.79M |
| Total Non-Current Assets | $770.63M | $713.18M | $1.66B | $1.50B | $1.26B | $1.25B | $1.29B | $1.59B | $2.11B | $2.22B |
| Other Assets | $14.73M | $4.06M | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $17.36B | $16.09B | $14.80B | $13.35B | $12.21B | $10.72B | $10.17B | $9.69B | $10.18B | $8.97B |
| Account Payables | $728.00M | $619.01M | $565.98M | $533.71M | $426.82M | $384.09M | $286.07M | $234.09M | $270.90M | $267.18M |
| Short Term Debt | $- | $521.37M | $1.44B | $649.75M | $11.97M | $- | $-162.48M | $8.73M | $35.11M | $46.38M |
| Tax Payables | $76.00M | $62.40M | $98.71M | $72.13M | $103.55M | $36.09M | $11.58M | $86.92M | $34.86M | $57.05M |
| Deferred Revenue | $512.58M | $675.09M | $783.56M | $844.78M | $449.47M | $294.43M | $254.62M | $250.78M | $187.89M | $186.14M |
| Other Current Liabilities | $179.40M | $371.83M | $-549.36M | $296.09M | $931.44M | $1.45B | $849.59M | $927.26M | $1.55B | $1.26B |
| Total Current Liabilities | $1.50B | $2.25B | $3.03B | $3.04B | $2.37B | $2.17B | $1.98B | $2.09B | $2.08B | $1.86B |
| Long Term Debt | $2.25B | $2.03B | $2.14B | $2.12B | $3.26B | $3.18B | $3.03B | $3.01B | $3.44B | $2.35B |
| Deferred Revenue Non-Current | $- | $- | $-12.38M | $-12.38M | $-11.97M | $294.43M | $254.62M | $250.78M | $187.89M | $186.14M |
| Deferred Tax Liabilities Non-Current | $- | $302.15M | $215.45M | $165.52M | $103.55M | $-319.59M | $-304.91M | $-285.42M | $-223.00M | $-232.52M |
| Other Non-Current Liabilities | $855.45M | $1.12B | $1.93B | $1.96B | $-91.36M | $-385.83M | $-254.62M | $338.02M | $-435.34M | $-365.81M |
| Total Non-Current Liabilities | $3.11B | $3.45B | $2.85B | $2.82B | $3.27B | $3.09B | $3.38B | $3.44B | $3.44B | $2.35B |
| Other Liabilities | $635.85M | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $5.24B | $5.70B | $5.88B | $5.86B | $5.64B | $5.26B | $5.36B | $5.53B | $5.52B | $4.21B |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock | $2.03M | $2.13M | $2.26M | $2.49M | $2.67M | $2.70M | $2.77M | $2.87M | $3.19M | $3.49M |
| Retained Earnings | $8.69B | $7.01B | $5.58B | $4.20B | $3.31B | $2.22B | $1.61B | $980.06M | $1.54B | $1.66B |
| Accumulated Other Comprehensive Income Loss | $- | $-0 | $- | $-45.00K | $-145.00K | $-245.00K | $-345.00K | $-445.00K | $-526.00K | $-609.00K |
| Other Total Stockholders Equity | $3.43B | $3.37B | $3.33B | $3.29B | $3.26B | $3.24B | $3.20B | $3.17B | $3.12B | $3.09B |
| Total Stockholders Equity | $12.12B | $10.38B | $8.91B | $7.49B | $6.57B | $5.46B | $4.82B | $4.15B | $4.66B | $4.76B |
| Total Equity | $12.12B | $10.38B | $8.91B | $7.49B | $6.57B | $5.46B | $4.82B | $4.15B | $4.66B | $4.76B |
| Total Liabilities and Stockholders Equity | $17.36B | $16.09B | $14.80B | $13.35B | $12.21B | $10.72B | $10.17B | $9.69B | $10.18B | $8.97B |
| Minority Interest | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $17.36B | $16.09B | $14.80B | $13.35B | $12.21B | $10.72B | $10.17B | $9.69B | $10.18B | $8.97B |
| Total Investments | $845.00M | $682.98M | $146.76M | $1.05B | $600.54M | $568.73M | $515.94M | $633.56M | $590.94M | $483.98M |
| Total Debt | $2.25B | $2.55B | $2.63B | $2.66B | $3.16B | $3.09B | $3.38B | $3.44B | $3.44B | $2.35B |
| Net Debt | $641.19M | $746.82M | $1.58B | $876.08M | $581.92M | $1.87B | $2.27B | $3.17B | $2.74B | $1.60B |
Cash Flow Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $3.08B | $2.60B | $2.62B | $1.95B | $1.41B | $1.02B | $1.02B | $447.22M | $602.70M | $494.09M |
| Depreciation and Amortization | $89.16K | $80.82M | $70.92M | $69.95M | $66.08M | $54.00M | $49.43M | $51.00M | $54.01M | $46.22M |
| Deferred Income Tax | $151.10K | $104.27M | $106.58M | $59.17M | $137.60M | $105.44M | $362.78M | $422.31M | $334.79M | $311.70M |
| Stock Based Compensation | $54.69K | $48.20M | $42.99M | $36.74M | $32.84M | $28.37M | $28.29M | $33.68M | $22.23M | $24.75M |
| Change in Working Capital | $-1.39B | $-680.60M | $-2.24B | $-1.17B | $101.60M | $-160.14M | $-108.61M | $-481.26M | $-967.08M | $-1.24B |
| Accounts Receivables | $- | $196.88M | $- | $- | $-201.65M | $-140.98M | $- | $- | $- | $-281.67M |
| Inventory | $-787.48K | $-354.02M | $-2.26B | $-1.27B | $2.99M | $-237.74M | $-50.36M | $-569.03M | $-897.09M | $-927.77M |
| Accounts Payables | $-286.46K | $-196.88M | $-104.76M | $640.68M | $201.65M | $140.98M | $-101.40M | $65.68M | $75.26M | $-23.90M |
| Other Working Capital | $-1.39B | $-326.58M | $125.55M | $-542.72M | $98.61M | $77.60M | $43.16M | $22.09M | $-145.25M | $-8.63M |
| Other Non Cash Items | $-12.34M | $41.70M | $66.56M | $60.27M | $39.38M | $33.18M | $95.83M | $190.12M | $21.63M | $17.07M |
| Net Cash Provided by Operating Activities | $1.68B | $2.20B | $668.47M | $1.00B | $1.78B | $1.08B | $1.45B | $663.08M | $68.27M | $-348.13M |
| Investments in Property Plant and Equipment | $-118.55M | $-92.20M | $-112.66M | $-72.78M | $-58.35M | $-58.12M | $-59.04M | $-32.05M | $-39.30M | $-45.44M |
| Acquisitions Net | $- | $- | $-75.10M | $-111.99M | $-84.00M | $-173.24M | $-1.00M | $-23.04M | $-445.00M | $- |
| Purchases of Investments | $- | $- | $-64.70M | $-101.59M | $-753.00K | $-9.52M | $-1.00M | $-23.04M | $-14.54M | $- |
| Sales Maturities of Investments | $- | $- | $64.70M | $101.59M | $753.00K | $9.52M | $- | $- | $- | $- |
| Other Investing Activities | $24.07M | $-36.89M | $16.02M | $60.64M | $34.41M | $5.13M | $18.10M | $4.85M | $13.10M | $14.59M |
| Net Cash Used for Investing Activities | $-94.48M | $-129.09M | $-171.74M | $-124.13M | $-107.95M | $-226.23M | $-41.94M | $-50.24M | $-471.19M | $-30.85M |
| Debt Repayment | $-355.83M | $-210.37M | $-44.27M | $-622.59M | $19.98M | $-331.83M | $-172.17M | $-28.56M | $1.07B | $386.53M |
| Common Stock Issued | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock Repurchased | $-1.22B | $-1.01B | $-1.09B | $-908.14M | $-185.53M | $-285.78M | $-302.48M | $-916.33M | $-603.21M | $-442.74M |
| Dividends Paid | $-167.71M | $-142.46M | $-144.12M | $-147.83M | $-130.18M | $-122.35M | $-104.02M | $-112.75M | $-124.67M | $-115.96M |
| Other Financing Activities | $-39.69M | $51.78M | $41.65M | $11.00K | $111.00K | $6.40M | $-1.61M | $27.72M | $5.84M | $10.54M |
| Net Cash Used Provided by Financing Activities | $-1.78B | $-1.31B | $-1.24B | $-1.68B | $-295.62M | $-733.56M | $-580.27M | $-1.03B | $350.74M | $-159.72M |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Net Change in Cash | $-195.50M | $754.62M | $-739.01M | $-798.67M | $1.38B | $117.76M | $827.53M | $-417.08M | $-52.19M | $-538.70M |
| Cash at End of Period | $1.65B | $1.85B | $1.09B | $1.83B | $2.63B | $1.25B | $1.13B | $306.17M | $723.25M | $754.16M |
| Cash at Beginning of Period | $1.85B | $1.09B | $1.83B | $2.63B | $1.25B | $1.13B | $306.17M | $723.25M | $775.43M | $1.29B |
| Operating Cash Flow | $1.68B | $2.20B | $668.47M | $1.00B | $1.78B | $1.08B | $1.45B | $663.08M | $68.27M | $-348.13M |
| Capital Expenditure | $-118.55M | $-92.20M | $-112.66M | $-72.78M | $-58.35M | $-58.12M | $-59.04M | $-32.05M | $-39.30M | $-45.44M |
| Free Cash Flow | $1.56B | $2.10B | $555.80M | $931.24M | $1.73B | $1.02B | $1.39B | $631.03M | $28.98M | $-393.57M |