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Pultegroup Inc

pultegroupinc.com

PulteGroup Inc (NYSE: PHM) is a residential homebuilding company that designs, builds, and sells single-family homes and attached dwellings across the United States. Revenue is generated primarily through home sales, with a secondary Financial Services segment that provides mortgage banking, title, and insurance agency operations to homebuyers through Pulte Mortgage and other subsidiaries. As of December 31, 2025, PulteGroup operated in 47 markets across 26 states, organized into six Homebuilding segments: Northeast, Southeast, Florida, Midwest, Texas, and West. Total Homebuilding revenues were $16.92B in FY2025, down 3% from $17.51B in FY2024. Florida was the largest segment at $4.26B in FY2025 revenues. The company controlled 234,632 lots as of December 31, 2025, a mix of owned and optioned parcels. Ryan R. Marshall serves as President and CEO, a role he has held since at least 2012 per the FY2025 10-K. Fixed rate debt totaled $1.64B as of December 31, 2025, and the company repurchased approximately 2.4M shares between October and December 2025 at an average price of $122.64.

Products & Services

Single-family and attached homes sold across multiple price points and buyer segments. Mortgage financing originated through Pulte Mortgage. Title and insurance agency services offered through subsidiary operations.

Revenue Model

Transactional revenue from home sales is the primary revenue stream. The Financial Services segment generates additional revenue through mortgage origination, title, and insurance agency operations, serving buyers of PulteGroup homes via a centralized fulfillment model.

Customers & Markets

Individual homebuyers in U.S. residential real estate markets. No customer concentration disclosed. Demand is driven by housing market conditions, mortgage rates, and land availability across targeted metropolitan markets.

Geographic Exposure

United States only. 47 markets across 26 states as of December 31, 2025. Six Homebuilding segments: Northeast, Southeast, Florida, Midwest, Texas, and West. Florida was the largest revenue segment at $4.26B in FY2025.

Financial Snapshot

Revenue
TTM
$16.41B
Gross Margin
TTM
26.24%
Net Income
TTM
$1.906B
Current Assets
2026 Q2
$15.02B
Current Liabilities
2026 Q2
$2.970B
Current Ratio
2026 Q2
505.93%
Total Assets
2026 Q2
Total Liabilities
2026 Q2
Book Value
2026 Q2
$13.01B
Cash
2026 Q2
P/E
TTM
12.44
Free Cash Flow
TTM
$1.512B

Stock Price

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Market Cap: $23.707 Billion

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