PulteGroup, Inc. (PHM)

PulteGroup Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	16,907	15,741	15,691	13,347	10,674	9,979
Other Revenue	411.73	320.76	311.72	389.53	362.17	234.43
Revenue	17,319	16,062	16,003	13,737	11,036	10,213
Revenue Growth (YoY)	2.80%	0.37%	16.50%	24.47%	8.06%	0.24%
Cost of Revenue	11,973	11,135	10,985	9,786	8,075	7,671
Gross Profit	5,136	4,738	4,838	3,782	2,786	2,411
Selling, General & Admin	1,434	1,313	1,381	1,209	1,011	1,044
Other Operating Expenses	-0.99	-0.99	2.46	8.78	9.91	12.34
Operating Expenses	1,433	1,312	1,384	1,217	1,021	1,057
Operating Income	3,703	3,426	3,454	2,565	1,765	1,355
Interest Expense	-0.47	-0.47	-0.28	-0.5	-4.25	-0.58
Interest & Investment Income	68.1	61.53	1.97	1.95	6.84	16.74
Earnings From Equity Investments	42.8	4.56	50.68	17.2	1.88	0.75
EBT Excluding Unusual Items	3,816	3,492	3,506	2,584	1,769	1,372
Impairment of Goodwill	-	-	-	-	-20.19	-
Asset Writedown	-45.89	-43.12	-66.66	-12.3	-20.31	-27.1
Other Unusual Items	0.08	0.66	-	-61.47	-	-4.93
Pretax Income	3,770	3,449	3,440	2,510	1,729	1,340
Income Tax Expense	888.95	846.9	822.24	563.53	321.86	322.88
Net Income	2,881	2,602	2,617	1,946	1,407	1,017
Preferred Dividends & Other Adjustments	2.45	9.5	16.18	16.34	12.45	10.37
Net Income to Common	2,879	2,593	2,601	1,930	1,394	1,006
Net Income Growth	3.87%	-0.57%	34.48%	38.35%	38.37%	-0.52%
Shares Outstanding (Basic)	211	220	235	259	269	274
Shares Outstanding (Diluted)	212	221	236	260	269	275
Shares Change (YoY)	-5.36%	-6.35%	-9.14%	-3.52%	-2.14%	-3.36%
EPS (Basic)	13.67	11.79	11.07	7.44	5.19	3.67
EPS (Diluted)	13.56	11.72	11.01	7.43	5.18	3.66
EPS Growth	10.14%	6.44%	48.34%	43.46%	41.59%	3.01%
Free Cash Flow	1,283	2,105	555.81	931.24	1,726	1,018
Free Cash Flow Per Share	6.05	9.52	2.35	3.58	6.41	3.70
Dividend Per Share	0.800	0.680	0.600	0.560	0.480	0.440
Dividend Growth	26.98%	13.33%	7.14%	16.67%	9.09%	22.22%
Gross Margin	29.65%	29.50%	30.23%	27.53%	25.25%	23.61%
Operating Margin	21.38%	21.33%	21.58%	18.67%	15.99%	13.26%
Profit Margin	16.62%	16.14%	16.25%	14.05%	12.63%	9.85%
Free Cash Flow Margin	7.41%	13.10%	3.47%	6.78%	15.64%	9.97%
EBITDA	3,789	3,507	3,525	2,635	1,831	1,409
EBITDA Margin	21.88%	21.83%	22.03%	19.18%	16.59%	13.79%
D&A For EBITDA	86.03	80.82	70.92	69.95	66.08	54
EBIT	3,703	3,426	3,454	2,565	1,765	1,355
EBIT Margin	21.38%	21.33%	21.58%	18.67%	15.99%	13.26%
Effective Tax Rate	23.58%	24.55%	23.91%	22.45%	18.62%	24.10%
Revenue as Reported	17,319	16,062	16,003	13,737	11,036	10,213
Advertising Expenses	-	57.5	61.6	47.2	40.3	53.9

Source: S&P Capital IQ. Standard template. Financial Sources.