PulteGroup, Inc. Website

PulteGroup, Inc.

NYSE-PHM

Income Statement
Dec '14
Dec '15
Dec '16
Dec '17
Dec '18
Dec '19
Dec '20
Dec '21
Dec '22
Dec '23
LTM

Operating Revenues

9,978.5

10,673.9

13,347.5

15,691.3

15,740.8

16,471.4

Finance Div. Revenues

234.4

362.2

389.5

311.7

320.8

374.6

Total Revenues

10,213

11,036.1

13,737

16,003

16,061.6

16,846

Total Revenues % Chg.

0.2%

8.1%

24.5%

16.5%

0.4%

0.6%

Cost of Goods Sold, Total

7,670.8

8,074.5

9,786.1

10,984.7

11,135.2

11,631.5

Finance Div. Operating Exp.

130.8

175.5

168.5

180.8

188.6

198.5

Gross Profit

2,411.4

2,786.1

3,782.4

4,837.5

4,737.8

5,015.9

Selling General & Admin Expenses, Total

1,044.3

1,011.4

1,208.7

1,381.2

1,312.6

1,380.2

Other Operating Expenses

12.3

9.9

8.8

2.5

-1

-1

Other Operating Expenses, Total

1,056.7

1,021.3

1,217.5

1,383.7

1,311.7

1,379.2

Operating Income

1,354.7

1,764.7

2,565

3,453.8

3,426.1

3,636.7

Interest Expense, Total

-0.6

-4.2

-0.5

-0.3

-0.5

-0.5

Interest And Investment Income

16.7

6.8

2

2

61.5

73.7

Net Interest Expenses

16.2

2.6

1.5

1.7

61.1

73.2

Income (Loss) On Equity Invest.

0.7

1.9

17.2

50.7

4.6

41.2

Other Non Operating Income (Expenses)

—

—

—

—

—

—

—

—

—

—

3.2

EBT, Excl. Unusual Items

1,371.6

1,769.2

2,583.6

3,506.2

3,491.7

3,754.3

Impairment of Goodwill

—

—

—

—

—

—

-20.2

—

—

—

—

Gain (Loss) On Sale Of Investments

—

—

—

—

—

—

—

—

—

—

Asset Writedown

-27.1

-20.3

-12.3

-66.7

-43.1

-43.6

Legal Settlements

—

—

—

—

—

—

—

—

—

Other Unusual Items

—

-4.9

—

-61.5

—

0.7

0.4

EBT, Incl. Unusual Items

1,339.6

1,728.7

2,509.8

3,439.6

3,449.3

3,711.1

Income Tax Expense

322.9

321.9

563.5

822.2

846.9

889.2

Earnings From Continuing Operations

1,016.7

1,406.8

1,946.3

2,617.3

2,602.4

2,821.9

Net Income

1,016.7

1,406.8

1,946.3

2,617.3

2,602.4

2,821.9

Preferred Dividend and Other Adjustments

10.4

12.5

16.3

16.2

9.5

4.7

Net Income to Common Incl Extra Items

1,006.3

1,394.4

1,930

2,601.1

2,592.9

2,817.2

Net Income to Common Excl. Extra Items

1,006.3

1,394.4

1,930

2,601.1

2,592.9

2,817.2

Total Shares Outstanding

270.2

266.5

249.3

225.8

212.6

207.9

Weighted Avg. Shares Outstanding

274.5

268.6

259.3

235

220

213.5

Weighted Avg. Shares Outstanding Dil

275.3

269.4

259.9

236.2

221.2

215

EPS

3.7

5.2

7.4

11.1

11.8

13.2

EPS Diluted

3.7

5.2

7.4

11

11.7

13.1

EBITDA

1,408.7

1,830.8

2,634.9

3,524.8

3,506.9

3,721.2

Effective Tax Rate

24.1%

18.6%

22.5%

23.9%

24.6%

24%