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Last update at 2024-12-19T18:53:00Z
Home Builders Usually Love Cheap Mortgages—Maybe Not This Time
Wed 30 Oct 24, 02:00 PMShould You Buy, Sell, or Hold PulteGroup Before Q3 Earnings?
Thu 17 Oct 24, 03:19 PMUnveiling PulteGroup (PHM) Q3 Outlook: Wall Street Estimates for Key Metrics
Thu 17 Oct 24, 01:15 PMState Street Corp's Strategic Reduction in PulteGroup Inc Holdings
Wed 16 Oct 24, 07:04 PMWhy the Market Dipped But PulteGroup (PHM) Gained Today
Tue 15 Oct 24, 09:45 PMBrokers Suggest Investing in PulteGroup (PHM): Read This Before Placing a Bet
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Tue 08 Oct 24, 07:45 AMPulteGroup (PHM) Stock Moves -0.01%: What You Should Know
Mon 07 Oct 24, 09:45 PMS&P 500 Major Bull Pattern: 3 Stocks Breaking Out Now
Mon 07 Oct 24, 05:39 PMIs PulteGroup's Low P/E Ratio a Hidden Gem or a Risky Bet?
Mon 07 Oct 24, 03:28 PMBreakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Income before tax | 3439.56M | 2509.84M | 1728.69M | 1339.58M | 1347.54M |
Minority interest | - | - | - | - | - |
Net income | 2617.32M | 1946.32M | 1406.84M | 1016.70M | 1022.02M |
Selling general administrative | 1381.22M | 1208.70M | 1011.44M | 1044.34M | 1012.02M |
Selling and marketing expenses | 0.00054M | 0.00046M | - | - | - |
Gross profit | 4834.50M | 3782.42M | 2778.15M | 2397.39M | 2373.41M |
Reconciled depreciation | 70.92M | 69.95M | 66.08M | 54.00M | 49.43M |
Ebit | 3453.28M | 2635.19M | 1786.90M | 1353.05M | 1361.39M |
Ebitda | 3524.19M | 2705.15M | 1852.98M | 1407.05M | 1410.82M |
Depreciation and amortization | 70.92M | 69.95M | 66.08M | 54.00M | 49.43M |
Non operating income net other | -13.71800M | -63.87900M | -17.82600M | -13.47600M | -13.84900M |
Operating income | 3453.28M | 2635.19M | 1786.90M | 1353.05M | 1347.59M |
Other operating expenses | 12775.72M | 11353.16M | 9269.37M | 8859.91M | 8826.94M |
Interest expense | 0.28M | 0.50M | 4.25M | 0.58M | 0.62M |
Tax provision | 822.24M | 563.52M | 321.86M | 322.88M | 325.52M |
Interest income | 1.97M | 1.95M | 6.84M | 16.74M | 7.59M |
Net interest income | 1.69M | 1.45M | 2.59M | 16.16M | 6.97M |
Extraordinary items | - | - | - | - | - |
Non recurring | - | - | 20.19M | - | - |
Other items | - | - | - | - | - |
Income tax expense | 822.24M | 563.52M | 321.86M | 322.88M | 325.52M |
Total revenue | 16229.00M | 13926.88M | 11036.08M | 10212.96M | 10188.33M |
Total operating expenses | 1381.22M | 1208.70M | 1011.44M | 1044.34M | 1012.02M |
Cost of revenue | 11394.50M | 10144.46M | 8257.93M | 7815.57M | 7814.92M |
Total other income expense net | -13.71800M | -125.34800M | -58.20600M | -13.47600M | -13.84900M |
Discontinued operations | - | - | - | - | - |
Net income from continuing ops | 2617.32M | 1946.32M | 1406.84M | 1016.70M | 1022.02M |
Net income applicable to common shares | 2617.32M | 1946.32M | 1406.84M | 1016.70M | 1022.02M |
Preferred stock and other adjustments | - | - | - | - | - |
Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Total assets | 14796.51M | 13352.63M | 12205.50M | 10715.60M | 10172.98M |
Intangible assets | 66.91M | 78.02M | 94.53M | 84.59M | 86.79M |
Earning assets | - | - | - | - | - |
Other current assets | 785.98M | 83.75M | 77.99M | 57.55M | -50.80200M |
Total liab | 5882.42M | 5863.12M | 5635.51M | 5257.42M | 5355.19M |
Total stockholder equity | 8914.10M | 7489.52M | 6569.99M | 5458.18M | 4817.78M |
Deferred long term liab | 215.45M | 165.52M | 103.55M | - | - |
Other current liab | 1683.16M | 1576.48M | 1395.07M | 1410.30M | 1321.78M |
Common stock | 2.26M | 2.49M | 2.67M | 2.70M | 2.77M |
Capital stock | 2.26M | 2.49M | 2.67M | 2.70M | 2.77M |
Retained earnings | 5581.70M | 4196.28M | 3306.06M | 2220.57M | 1613.93M |
Other liab | 1411.33M | 1010.30M | 553.02M | 579.38M | 576.85M |
Good will | 68.90M | 68.90M | 68.90M | 40.40M | 40.40M |
Other assets | 1.23M | 3.09M | 1.74M | 201.43M | 305.61M |
Cash | 1053.10M | 1779.09M | 2582.20M | 1217.91M | 1110.09M |
Cash and equivalents | 1053.10M | 1779.09M | 2582.20M | 1217.91M | 1110.09M |
Total current liabilities | 3034.73M | 3042.43M | 2367.84M | 2165.80M | 1978.72M |
Current deferred revenue | 783.56M | 844.78M | 449.47M | 294.43M | 254.62M |
Net debt | 1579.13M | 876.08M | 581.92M | 1873.70M | 2266.39M |
Short term debt | 2.05M | 2.03M | 11.97M | 25.16M | 50.28M |
Short long term debt | - | - | 11.97M | 0.43M | 1.27M |
Short long term debt total | 2632.24M | 2655.17M | 3164.12M | 3091.61M | 3376.48M |
Other stockholder equity | 3330.14M | 3290.79M | 3261.41M | 3235.15M | 3201.43M |
Property plant equipment | 273.75M | 223.47M | 203.02M | 181.74M | 92.94M |
Total current assets | 13140.03M | 11857.55M | 10946.97M | 9465.05M | 8885.26M |
Long term investments | 146.76M | 98.16M | 628.50M | 24.01M | 36.85M |
Net tangible assets | 8778.29M | 7342.59M | 6406.56M | 5333.19M | 4690.59M |
Short term investments | - | 947.14M | 564.98M | 508.97M | 461.35M |
Net receivables | 677.21M | 947.14M | 564.98M | 508.97M | 461.35M |
Long term debt | 2632.24M | 2655.17M | 2752.30M | 2765.04M | 3028.07M |
Inventory | 11326.02M | 9047.57M | 7721.80M | 7680.61M | 7253.35M |
Accounts payable | 565.98M | 621.17M | 511.32M | 435.92M | 352.03M |
Total permanent equity | - | - | - | - | - |
Noncontrolling interest in consolidated entity | - | - | - | - | - |
Temporary equity redeemable noncontrolling interests | - | - | - | - | - |
Accumulated other comprehensive income | - | -0.04500M | -0.14500M | -0.24500M | -0.34500M |
Additional paid in capital | - | - | - | - | - |
Common stock total equity | 2.26M | 2.49M | 2.67M | 2.70M | 2.77M |
Preferred stock total equity | - | - | - | - | - |
Retained earnings total equity | 5581.70M | 4196.28M | 3306.06M | 2220.57M | 1613.93M |
Treasury stock | - | - | - | - | - |
Accumulated amortization | - | - | - | - | - |
Non currrent assets other | 1017.83M | 887.50M | 720.25M | 713.94M | 737.42M |
Deferred long term asset charges | - | - | - | - | - |
Non current assets total | 1656.48M | 1495.08M | 1258.52M | 1250.55M | 1287.72M |
Capital lease obligations | 90.08M | 92.66M | 91.36M | 91.41M | - |
Long term debt total | 2045.53M | 2029.04M | 2752.30M | 2765.04M | 3028.07M |
Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Investments | -171.74300M | -47.66400M | 27.19M | -9.51500M | -1.00000M |
Change to liabilities | -104.75900M | 640.68M | 201.65M | 140.98M | -101.40300M |
Total cashflows from investing activities | -171.74300M | -124.13200M | -107.94700M | -226.22900M | -41.94200M |
Net borrowings | -55.43500M | -622.59100M | 19.98M | -331.82600M | 8.16M |
Total cash from financing activities | -1235.73500M | -1678.55900M | -295.61600M | -733.56000M | -580.27000M |
Change to operating activities | 125.55M | -542.71900M | -103.03900M | -63.38600M | 43.16M |
Net income | 2617.32M | 1946.32M | 1406.84M | 1016.70M | 1022.02M |
Change in cash | -739.01200M | -798.67000M | 1380.78M | 117.76M | 827.53M |
Begin period cash flow | 1833.57M | 2632.24M | 1251.46M | 1133.70M | 306.17M |
End period cash flow | 1094.55M | 1833.57M | 2632.24M | 1251.46M | 1133.70M |
Total cash from operating activities | 668.47M | 1004.02M | 1784.34M | 1077.55M | 1449.74M |
Issuance of capital stock | - | - | - | - | - |
Depreciation | 70.92M | 69.95M | 66.08M | 54.00M | 49.43M |
Other cashflows from investing activities | -16.08500M | 6.71M | -76.77900M | -158.59500M | 18.10M |
Dividends paid | 144.12M | 147.83M | 130.18M | 122.35M | 104.02M |
Change to inventory | -2256.69000M | -1266.39800M | 2.99M | -237.74100M | -50.36200M |
Change to account receivables | - | - | - | - | - |
Sale purchase of stock | -1088.99900M | -908.14500M | -185.52900M | -285.78300M | -302.47300M |
Other cashflows from financing activities | 2910.65M | 214.31M | 785.36M | -11.45000M | 1483.16M |
Change to netincome | 482.44M | 156.18M | 153.09M | 118.73M | 594.23M |
Capital expenditures | 112.66M | 72.78M | 58.35M | 58.12M | 59.04M |
Change receivables | - | - | - | - | - |
Cash flows other operating | -140.76100M | -159.90600M | -46.30700M | -15.12500M | -64.17400M |
Exchange rate changes | - | - | - | - | - |
Cash and cash equivalents changes | -739.01200M | -798.67000M | 1380.78M | 117.76M | 827.53M |
Change in working capital | -2235.90000M | -1168.43200M | 101.60M | -160.14300M | -108.60900M |
Stock based compensation | 42.99M | 36.74M | 32.84M | 28.37M | 28.29M |
Other non cash items | 66.56M | 60.27M | 39.38M | 33.18M | 95.83M |
Free cash flow | 555.80M | 931.24M | 1725.99M | 1019.43M | 1390.70M |
Sector: Consumer Cyclical Industry: Residential Construction
Company | Change (USD) | Price (USD) | Trailing PE (x) | Forward PE (x) | Price Sales TTM (x) | Price to Book Value (x) | Enterprise Value to Revenue (x) | Enterprise Value to EBITDA (x) |
---|---|---|---|---|---|---|---|---|
PHM PulteGroup Inc |
-2.23 2.00% | 109.06 | 8.37 | 9.75 | 1.29 | 2.22 | 1.33 | 6.07 |
DHI DR Horton Inc |
-4.67 3.29% | 137.10 | 10.85 | 11.40 | 1.40 | 2.19 | 1.44 | 8.24 |
LEN Lennar Corporation |
-7.05 4.83% | 138.88 | 10.74 | 10.32 | 1.20 | 1.57 | 1.10 | 6.86 |
NVR NVR Inc |
-133.15 1.62% | 8084.00 | 14.68 | 17.67 | 2.21 | 5.21 | 2.02 | 9.62 |
SKHSF Sekisui House Ltd |
- -% | 22.70 | 11.60 | - | 0.0045 | 1.12 | 0.006 | 0.07 |
PulteGroup, Inc., through its subsidiaries, primarily engages in the homebuilding business in the United States. It acquires and develops land primarily for residential purposes; and constructs housing on such land. The company also offers various home designs, including single-family detached, townhomes, condominiums, and duplexes under the Centex, Pulte Homes, Del Webb, DiVosta Homes, American West, and John Wieland Homes and Neighborhoods brand names. As of December 31, 2022, it controlled 211,112 lots, of which 108,848 were owned and 102,264 were under land option agreements. In addition, the company arranges financing through the origination of mortgage loans primarily for homebuyers; sells the servicing rights for the originated loans; and provides title insurance policies, and examination and closing services to homebuyers. The company was founded in 1950 and is headquartered in Atlanta, Georgia.
3350 Peachtree Road NE, Atlanta, GA, United States, 30326
Name | Title | Year Born |
---|---|---|
Mr. Ryan R. Marshall | Pres, CEO & Director | 1975 |
Mr. Robert T. O'Shaughnessy | Exec. VP & CFO | 1966 |
Mr. John James Chadwick | Exec. VP & COO | 1962 |
Mr. Todd N. Sheldon | Exec. VP, Gen. Counsel & Corp. Sec. | 1968 |
Ms. Michelle H. Hairston | Sr. VP of HR | 1977 |
Mr. Joseph L. Drouin | VP & Chief Information Officer | NA |
Mr. James P. Zeumer | VP of Investor Relations & Corp. Communications | NA |
Mr. Manish M. Shrivastava | VP & Chief Marketing Officer | 1970 |
Mr. James L. Ossowski | Sr. VP of Fin. | 1968 |
Anthony W. Barbee | Area Pres of North Area | NA |
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