PulteGroup Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	16,923	17,514	15,741	15,691	13,347
Other Revenue	388.67	432.99	320.76	311.72	389.53
Revenue	17,312	17,947	16,062	16,003	13,737
Revenue Growth (YoY)	-3.54%	11.74%	0.37%	16.50%	24.47%
Cost of Revenue	12,507	12,502	11,155	10,988	9,786
Gross Profit	4,573	5,221	4,719	4,834	3,782
Selling, General & Admin	1,574	1,321	1,313	1,381	1,209
Other Operating Expenses	-	-	-	-	21.06
Operating Expenses	1,574	1,321	1,313	1,381	1,230
Operating Income	2,999	3,900	3,407	3,453	2,553
Interest Expense	-0.61	-0.48	-0.47	-0.28	-0.5
Interest & Investment Income	44.43	59.49	61.53	1.97	1.95
Earnings From Equity Investments	4.15	44.2	4.56	50.68	17.2
Other Non Operating Income (Expenses)	-57.14	-14.53	-23.86	-66.09	-
EBT Excluding Unusual Items	2,990	3,989	3,449	3,440	2,571
Impairment of Goodwill	-28.55	-	-	-	-
Gain (Loss) on Sale of Assets	-	17.5	-	-	-
Asset Writedown	-49.63	-	-	-	-
Other Unusual Items	-	-0.22	0.66	-	-61.47
Pretax Income	2,911	4,006	3,449	3,440	2,510
Income Tax Expense	692.59	922.62	846.9	822.24	563.53
Net Income	2,219	3,083	2,602	2,617	1,946
Preferred Dividends & Other Adjustments	-	-	9.5	16.18	16.34
Net Income to Common	2,219	3,083	2,593	2,601	1,930
Net Income Growth	-28.04%	18.48%	-0.57%	34.48%	38.35%
Shares Outstanding (Basic)	198	208	220	235	259
Shares Outstanding (Diluted)	200	210	221	236	260
Shares Change (YoY)	-4.91%	-5.13%	-6.35%	-9.14%	-3.52%
EPS (Basic)	11.21	14.82	11.79	11.07	7.44
EPS (Diluted)	11.12	14.69	11.72	11.01	7.43
EPS Growth	-24.30%	25.30%	6.44%	48.34%	43.46%
Free Cash Flow	1,749	1,562	2,105	555.81	931.24
Free Cash Flow Per Share	8.76	7.45	9.52	2.35	3.58
Dividend Per Share	0.920	0.820	0.680	0.600	0.560
Dividend Growth	12.20%	20.59%	13.33%	7.14%	16.67%
Gross Margin	26.41%	29.09%	29.38%	30.21%	27.53%
Operating Margin	17.32%	21.73%	21.21%	21.58%	18.58%
Profit Margin	12.82%	17.18%	16.14%	16.25%	14.05%
Free Cash Flow Margin	10.10%	8.71%	13.10%	3.47%	6.78%
EBITDA	3,111	3,989	3,488	3,524	2,623
EBITDA Margin	17.97%	22.23%	21.71%	22.02%	19.09%
D&A For EBITDA	112.51	89.16	80.82	70.92	69.95
EBIT	2,999	3,900	3,407	3,453	2,553
EBIT Margin	17.32%	21.73%	21.21%	21.58%	18.58%
Effective Tax Rate	23.79%	23.03%	24.55%	23.91%	22.45%
Revenue as Reported	17,312	17,947	16,062	16,003	13,737
Advertising Expenses	81.6	74.6	57.5	61.6	47.2

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