PulteGroup, Inc. (BMV:PHM)

PulteGroup Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	17,459	17,514	15,741	15,691	13,347	10,674
Other Revenue	431.46	432.99	320.76	311.72	389.53	362.17
Revenue	17,890	17,947	16,062	16,003	13,737	11,036
Revenue Growth (YoY)	8.86%	11.74%	0.37%	16.50%	24.47%	8.06%
Cost of Revenue	12,546	12,502	11,155	10,988	9,786	8,075
Gross Profit	5,117	5,221	4,718	4,834	3,782	2,786
Selling, General & Admin	1,357	1,321	1,313	1,381	1,209	1,011
Other Operating Expenses	-	-	-	-	21.06	9.91
Operating Expenses	1,357	1,321	1,313	1,381	1,230	1,021
Operating Income	3,760	3,900	3,406	3,453	2,553	1,765
Interest Expense	-0.49	-0.48	-0.47	-0.28	-0.5	-4.25
Interest & Investment Income	52.37	59.49	61.53	1.97	1.95	6.84
Earnings From Equity Investments	6.8	44.2	4.56	50.68	17.2	1.88
Other Non Operating Income (Expenses)	-0.23	2.97	-22.53	-66.09	-	-
EBT Excluding Unusual Items	3,819	4,006	3,449	3,440	2,571	1,769
Impairment of Goodwill	-	-	-	-	-	-20.19
Asset Writedown	-	-	-	-	-	-20.31
Other Unusual Items	-0.22	-0.22	0.66	-	-61.47	-
Pretax Income	3,818	4,006	3,449	3,440	2,510	1,729
Income Tax Expense	875.29	922.62	846.9	822.24	563.53	321.86
Net Income	2,943	3,083	2,602	2,617	1,946	1,407
Preferred Dividends & Other Adjustments	-	-	9.5	16.18	16.34	12.45
Net Income to Common	2,943	3,083	2,593	2,601	1,930	1,394
Net Income Growth	7.68%	18.48%	-0.57%	34.48%	38.35%	38.37%
Shares Outstanding (Basic)	206	208	220	235	259	269
Shares Outstanding (Diluted)	207	210	221	236	260	269
Shares Change (YoY)	-4.91%	-5.13%	-6.35%	-9.14%	-3.52%	-2.14%
EPS (Basic)	14.31	14.82	11.79	11.07	7.44	5.19
EPS (Diluted)	14.20	14.69	11.72	11.01	7.43	5.18
EPS Growth	13.61%	25.30%	6.44%	48.34%	43.46%	41.59%
Free Cash Flow	1,451	1,562	2,105	555.81	931.24	1,726
Free Cash Flow Per Share	7.00	7.45	9.52	2.35	3.58	6.41
Dividend Per Share	0.840	0.820	0.680	0.600	0.560	0.480
Dividend Growth	16.67%	20.59%	13.33%	7.14%	16.67%	9.09%
Gross Margin	28.60%	29.09%	29.38%	30.21%	27.53%	25.25%
Operating Margin	21.02%	21.73%	21.20%	21.58%	18.58%	15.99%
Profit Margin	16.45%	17.18%	16.14%	16.25%	14.05%	12.63%
Free Cash Flow Margin	8.11%	8.71%	13.10%	3.47%	6.78%	15.64%
EBITDA	3,853	3,989	3,486	3,524	2,623	1,831
EBITDA Margin	21.54%	22.23%	21.71%	22.02%	19.09%	16.59%
D&A For EBITDA	92.77	89.16	80.82	70.92	69.95	66.08
EBIT	3,760	3,900	3,406	3,453	2,553	1,765
EBIT Margin	21.02%	21.73%	21.20%	21.58%	18.58%	15.99%
Effective Tax Rate	22.92%	23.03%	24.55%	23.91%	22.45%	18.62%
Revenue as Reported	17,890	17,947	16,062	16,003	13,737	11,036
Advertising Expenses	-	74.6	57.5	61.6	47.2	40.3

Source: S&P Global Market Intelligence. Standard template. Financial Sources.