StockCV
Pultegroup, Inc. logo

Pultegroup, Inc.

Operative Builders

$112.21
-1.16%
Market cap $21.4B

PulteGroup Inc is a homebuilder in the United States. The company mainly builds single-family detached homes and offers products to entry-level, move-up, and active-adult buyers.

It is a $21.4B industrial company. Revenue shrank 7.3% over the last year, it keeps 12¢ of every dollar of sales as profit, and its net debt equals ~0.3 years of free cash flow. It trades at 11.0× earnings — in the most expensive third of its own history.

Location
Atlanta, GA
Employees
6 506
Sector
Industrials

Skills

Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.

Valuation70Growth38Profitability72Health70Quality65Moat74

Growth lags behind.

Valuation70
  • P/E vs own history82th pct · 0/25
  • FCF yield7.1% · 20/25
  • P/S1.3x · 25/25
  • EV/EBITDA8.7x · 25/25
Growth38
  • Revenue CAGR5.6% · 12/25
  • Net income CAGR3.3% · 6/25
  • EPS CAGR ~5Y16.3% · 20/25
  • Fwd implied growth-1.2% · 0/25
Profitability72
  • ROIC16.6% · 20/25
  • ROE14.7% · 12/25
  • Net margin11.6% · 20/25
  • Operating margin15.2% · 20/25
Health70
  • Altman Zn/a · 0/25
  • Current ratio5.06 · 25/25
  • Interest coverage41.5x · 25/25
  • Net cash / debtD/A 2% · 20/25
Quality65
  • Piotroski F3/9 · 5/25
  • Beneish M-2.48 · 20/25
  • FCF conversion79% · 15/25
  • Margin stabilityσ 2.9% · 25/25
Moat74
  • ROIC >12% years7/7 yrs · 25/25
  • Median gross margin24.7% · 6/25
  • FCF-positive years10/10 yrs · 25/25
  • Worst-year net marginworst 5.2% · 18/25

How the scores work →

Experience

The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.

  1. FY2024Financial
    Best year on record
    $3.08B net income
  2. 2019Acquisition
    The company acquired the homebuilding operations of American West Homes for $150 million
  3. FY2018Financial
    Revenue crossed $10B
    $10.2B for the year
  4. FY2016Financial
    Profitable every year on record
    10 consecutive profitable years in our data
  5. FY2016Financial
    Revenue already above $1B
    $7.67B in first reported year
  6. FY2016Financial
    Positive free cash flow every year since
    10-year streak
  7. 2016Acquisition
    The company acquired some homebuilding assets of John Wieland Homes and Neighborhoods, a premier builder of…
  8. 2014Acquisition
    The company acquired the real-estate assets of Dominion Homes for $82 million
  9. 2013Product
    PulteGroup launched Built to Honor program, which provides homes to veterans with disabilities from the…
  10. 2010Milestone
    The company changed its name from Pulte Homes, Inc. to PulteGroup, Inc. in March 2010
  11. 2009Acquisition
    The company acquired Centex for $1.3 billion in stock
  12. 2003Acquisition
    The company acquired Sivage-Thomas Homes
  13. 2001Acquisition
    Pulte Homes, Inc acquired Del E
  14. 1998Acquisition
    The company acquired Divosta for an estimated $150 million
  15. 1972IPO
    The company became a public company via an initial public offering

Achievements

Verifiable track record, straight from the reported numbers.

$10 000 invested in 2021 would be worth ~$23 783 today — price return only
$17.3B revenue in FY2025
Profitable 10 years in a row
Positive free cash flow 10 years in a row
6 506 employees
ROIC of 16.6%

Strengths & watch-outs

What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.

Strengths

  • Interest covered 41.5× by operating earnings
  • High returns on invested capital (ROIC 16.6%)

Watch-outs

  • Revenue shrinking 7.3% year over year

Qualifications

The basics a company should meet before you research it further. Each check uses the reported numbers.

9 of 11 checks passed
  • Revenue growing-7.3% YoY
  • Profitable$1.91B TTM
  • Profit growing+0.1% YoY
  • Generates cash$1.51B TTM
  • Debt under control~0.3y of cash flow to repay
  • Established company$21.4B market cap
  • Not printing shares-25.9% shares over ~5y
  • Proven track record10/10 profitable years
  • Financially stablehealth score 50/100
  • Pays a dividendyield 0.90%
  • Valuation not extremeP/E 11.0
Peer comparisonPultegroup, Inc. vs 6 largest industrials peers — cap, P/E, growth and margin side by sideOpen ▾
CompanyMarket capP/ERevenue growthNet marginProfile
PHM this company$21.4B11.0-7.3%11.6%Mixed
LRCX Lam Research Corp$399.2B54.9+26.0%31.3%Strong
CAT Caterpillar Inc.$368.0B33.9+18.4%14.5%Solid
RTX RTX Corporation$251.3B32.4+11.8%8.3%Strained
DE Deere & Company$167.7B34.4+8.3%10.2%Solid
ETN Eaton Corporation, plc$167.2B43.6+15.5%12.8%Mixed
UNP Union Pacific Corp.$166.8B22.6+4.2%28.8%Strained

Head-to-head: PHM vs LRCX · PHM vs CAT · PHM vs RTX

References

What covering analysts publish about the company — information only, not a recommendation.

Strong buy 4Buy 9Hold 7Sell 2

Appendix · Financial records

The full statements behind this CV, FY2016–FY2025. For readers who want to check the numbers.

Want the live picture — intraday moves, valuation history and full analysis?

Deeper analysis of PHM on PreMarketPrice

Figures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $112.21 · market cap $21.4B.