PulteGroup, Inc. (PHM) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 3.41B | 4.61B | 4.4B | 4.4B | 3.89B | 4.92B | 4.48B | 4.6B | 3.95B | 4.29B | 4B | 4.19B | 3.58B | 5.17B | 3.9B | 3.88B | 3.15B | 4.36B | 3.48B | 3.36B |
| Revenue Growth % | -12.44% | -6.32% | -1.6% | -4.26% | -1.43% | 14.63% | 11.81% | 9.81% | 10.45% | -16.97% | 2.78% | 7.96% | 13.53% | 18.65% | 11.96% | 15.49% | 15.38% | 36.53% | 17.74% | 29.52% |
| Cost of Goods Sold | 2.59B | 3.47B | 3.18B | 3.21B | 2.83B | 3.57B | 3.18B | 3.21B | 2.78B | 3.04B | 2.82B | 2.94B | 2.54B | 3.67B | 2.71B | 2.66B | 2.22B | 3.16B | 2.53B | 2.45B |
| COGS % of Revenue | 75.88% | 75.22% | 72.23% | 72.79% | 72.57% | 72.48% | 70.94% | 69.69% | 70.33% | 70.9% | 70.46% | 70.08% | 71.07% | 71.04% | 69.54% | 68.57% | 70.44% | 72.59% | 72.82% | 72.84% |
| Gross Profit | 822.11M | 1.14B | 1.22B | 1.2B | 1.07B | 1.35B | 1.3B | 1.39B | 1.17B | 1.25B | 1.18B | 1.25B | 1.03B | 1.5B | 1.19B | 1.22B | 931.05M | 1.19B | 945.66M | 912.38M |
| Gross Margin % | 24.12% | 24.78% | 27.77% | 27.21% | 27.43% | 27.52% | 29.06% | 30.31% | 29.67% | 29.1% | 29.54% | 29.92% | 28.93% | 28.96% | 30.46% | 31.43% | 29.56% | 27.41% | 27.18% | 27.16% |
| Gross Profit Growth % | -23% | -15.66% | -5.97% | -14.04% | -8.88% | 8.41% | 10.01% | 11.24% | 13.28% | -16.56% | -0.34% | 2.77% | 11.09% | 25.37% | 25.48% | 33.64% | 27.57% | 47.67% | 24.44% | 38.42% |
| Operating Expenses | 380.33M | 389.46M | 459.58M | 392.75M | 395.7M | 198.14M | 409.39M | 363.64M | 360.13M | 310.94M | 355.79M | 317.26M | 339.19M | 353.6M | 352.88M | 354.02M | 331.84M | 347.15M | 324.12M | 277.25M |
| OpEx % of Revenue | 11.16% | 8.45% | 10.43% | 8.92% | 10.17% | 4.03% | 9.15% | 7.91% | 9.12% | 7.24% | 8.89% | 7.57% | 9.49% | 6.84% | 9.06% | 9.12% | 10.54% | 7.96% | 9.32% | 8.25% |
| Selling, General & Admin | 380.33M | 389.46K | 400.68M | 390.45M | 393.34M | 195.64M | 406.9M | 361.14M | 357.59M | 308.32M | 353.17M | 314.64M | 336.52M | 350.83M | 350.11M | 351.26M | 329.02M | 344.22M | 320.51M | 272.29M |
| SG&A % of Revenue | 11.16% | 0.01% | 9.1% | 8.87% | 10.1% | 3.98% | 9.09% | 7.85% | 9.05% | 7.18% | 8.82% | 7.51% | 9.41% | 6.78% | 8.99% | 9.05% | 10.45% | 7.9% | 9.21% | 8.11% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 441.77M | 753.04M | 761.31M | 805.45M | 671.91M | 1.16B | 891.49M | 1.03B | 811.52M | 938.62M | 826.71M | 935.86M | 695.12M | 1.14B | 833.71M | 865.3M | 599.21M | 847.38M | 621.54M | 635.13M |
| Operating Margin % | 12.96% | 16.33% | 17.28% | 18.29% | 17.26% | 23.5% | 19.92% | 22.4% | 20.55% | 21.86% | 20.65% | 22.34% | 19.44% | 22.12% | 21.4% | 22.3% | 19.03% | 19.44% | 17.87% | 18.91% |
| Operating Income Growth % | -34.25% | -34.89% | -14.6% | -21.83% | -17.2% | 23.22% | 7.84% | 10.09% | 16.74% | -17.95% | -0.84% | 8.15% | 16.01% | 35% | 34.14% | 36.24% | 32.23% | 61.64% | 28.52% | 38.9% |
| EBITDA | 441.77M | 789.99M | 787.14M | 830.5M | 696.57M | 1.18B | 913.57M | 1.05B | 832.58M | 959.67M | 847.27M | 955.92M | 714.26M | 1.16B | 852.25M | 882.52M | 615.39M | 864.32M | 639.16M | 653.39M |
| EBITDA Margin % | 12.96% | 17.13% | 17.87% | 18.86% | 17.89% | 23.99% | 20.41% | 22.87% | 21.08% | 22.35% | 21.16% | 22.82% | 19.98% | 22.49% | 21.88% | 22.75% | 19.54% | 19.83% | 18.37% | 19.45% |
| EBITDA Growth % | -36.58% | -33.09% | -13.84% | -21.07% | -16.34% | 23.04% | 7.83% | 10.07% | 16.57% | -17.48% | -0.58% | 8.32% | 16.07% | 34.55% | 33.34% | 35.07% | 30.85% | 59.53% | 27.68% | 37.95% |
| D&A (Non-Cash Add-back) | 0 | 36.96M | 25.84M | 25.05M | 24.67M | 24.19M | 22.08M | 21.83M | 21.06M | 21.06M | 20.56M | 20.07M | 19.14M | 18.98M | 18.54M | 17.21M | 16.18M | 16.93M | 17.62M | 18.27M |
| EBIT | 441.77M | 655.24M | 767.79M | 807.3M | 681.26M | 1.18B | 906.32M | 1.05B | 868.76M | 946.94M | 847.43M | 953.13M | 702.23M | 1.16B | 811.34M | 864.64M | 599.98M | 856.03M | 620.52M | 639.61M |
| Net Interest Income | 0 | 12.62M | 11.63M | 9.44M | 10.13M | 11.09M | 13.63M | 17.02M | 17.26M | 19.71M | 19.18M | 15.18M | 6.99M | 855K | 305K | 225K | 302K | 297K | 321K | 335K |
| Interest Income | 0 | 12.78M | 11.8M | 9.58M | 10.26M | 11.22M | 13.75M | 17.14M | 17.38M | 19.83M | 19.3M | 15.3M | 7.1M | 923K | 370K | 290K | 388K | 412K | 436K | 473K |
| Interest Expense | 0 | 167K | 170K | 141K | 127K | 127K | 120K | 117K | 115K | 122K | 120K | 120K | 107K | 68K | 65K | 65K | 86K | 115K | 115K | 138K |
| Other Income/Expense | 7.62M | -97.8M | 6.48M | 1.7M | 9.23M | 26.16M | 14.71M | 17.99M | 57.13M | 8.2M | 20.61M | 17.15M | 7M | 19.88M | -22.43M | -732K | 683K | 8.53M | -1.14M | 4.34M |
| Pretax Income | 449.4M | 655.24M | 767.79M | 807.16M | 681.14M | 1.18B | 906.2M | 1.05B | 868.64M | 946.82M | 847.31M | 953.01M | 702.12M | 1.16B | 811.28M | 864.57M | 599.89M | 855.92M | 620.4M | 639.47M |
| Pretax Margin % | 13.18% | 14.21% | 17.43% | 18.33% | 17.5% | 24.03% | 20.24% | 22.79% | 22% | 22.05% | 21.16% | 22.75% | 19.64% | 22.5% | 20.83% | 22.28% | 19.05% | 19.64% | 17.83% | 19.03% |
| Income Tax | 102.4M | 153.63M | 181.95M | 198.67M | 158.34M | 269.49M | 208.28M | 239.18M | 205.67M | 235.82M | 208.54M | 232.67M | 169.86M | 281.58M | 183.35M | 212.14M | 145.17M | 192.65M | 144.85M | 136.07M |
| Effective Tax Rate % | 22.79% | 23.45% | 23.7% | 24.61% | 23.25% | 22.79% | 22.98% | 22.82% | 23.68% | 24.91% | 24.61% | 24.41% | 24.19% | 24.19% | 22.6% | 24.54% | 24.2% | 22.51% | 23.35% | 21.28% |
| Net Income | 347M | 501.61M | 585.83M | 608.48M | 522.8M | 913.24M | 697.91M | 809.13M | 662.98M | 710.99M | 638.77M | 720.35M | 532.26M | 882.23M | 627.93M | 652.43M | 454.72M | 663.26M | 475.55M | 503.4M |
| Net Margin % | 10.18% | 10.88% | 13.3% | 13.82% | 13.43% | 18.55% | 15.59% | 17.59% | 16.79% | 16.56% | 15.96% | 17.2% | 14.89% | 17.06% | 16.12% | 16.82% | 14.44% | 15.22% | 13.67% | 14.98% |
| Net Income Growth % | -33.63% | -45.07% | -16.06% | -24.8% | -21.14% | 28.45% | 9.26% | 12.33% | 24.56% | -19.41% | 1.73% | 10.41% | 17.05% | 33.01% | 32.04% | 29.61% | 49.53% | 51.39% | 14.21% | 44.4% |
| Net Income (Continuing) | 347M | 501.61M | 585.83M | 608.48M | 522.8M | 913.24M | 697.91M | 809.13M | 662.98M | 710.99M | 638.77M | 720.35M | 532.26M | 882.23M | 627.93M | 652.43M | 454.72M | 663.26M | 475.55M | 503.4M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 1.79 | 2.56 | 2.96 | 3.03 | 2.57 | 4.43 | 3.35 | 3.83 | 3.10 | 3.28 | 2.90 | 3.21 | 2.35 | 3.84 | 2.70 | 2.73 | 1.84 | 2.61 | 1.82 | 1.90 |
| EPS Growth % | -30.35% | -42.21% | -11.64% | -20.89% | -17.1% | 35.06% | 15.52% | 19.31% | 31.91% | -14.58% | 7.41% | 17.58% | 27.72% | 47.13% | 48.35% | 43.68% | 62.83% | 61.11% | 18.18% | 47.29% |
| EPS (Basic) | 1.81 | 2.58 | 2.98 | 3.05 | 2.59 | 4.47 | 3.38 | 3.86 | 3.13 | 3.30 | 2.92 | 3.23 | 2.35 | 3.86 | 2.72 | 2.74 | 1.85 | 2.61 | 1.83 | 1.91 |
| Diluted Shares Outstanding | 193.85M | 195.78M | 198.14M | 200.68M | 203.66M | 206.18M | 208.46M | 211.2M | 213.55M | 215.76M | 219.68M | 223.39M | 225.96M | 228.1M | 232.3M | 237.65M | 246.87M | 252.22M | 258.9M | 262.75M |
| Basic Shares Outstanding | 191.71M | 194.14M | 196.54M | 199.24M | 202.06M | 204.34M | 206.77M | 209.55M | 211.84M | 214.4M | 218.29M | 222.16M | 225.13M | 227.2M | 230.97M | 236.33M | 245.8M | 251.64M | 258.15M | 262.1M |
| Dividend Payout Ratio | - | 8.58% | 7.44% | 7.27% | 8.76% | 4.51% | 5.97% | 5.22% | 6.44% | 4.89% | 5.54% | 4.99% | 6.83% | 3.91% | 5.64% | 5.58% | 8.31% | 5.45% | 7.74% | 7.41% |