PulteGroup Inc (PHM)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 16,702,200 | 14,731,900 | 14,849,700 | 12,813,000 | 10,140,800 |
| Revenue | US$ in thousands | 18,181,800 | 16,211,600 | 16,435,100 | 14,116,200 | 11,036,100 |
| Gross profit margin | 91.86% | 90.87% | 90.35% | 90.77% | 91.89% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $16,702,200K ÷ $18,181,800K
= 91.86%
The gross profit margin of PulteGroup Inc has shown a relatively consistent trend over the past five years, gradually declining from 91.89% as of December 31, 2020, to 90.35% as of December 31, 2022. However, in the subsequent years, there was a slight increase in the gross profit margin, reaching 91.86% as of December 31, 2024.
Overall, PulteGroup Inc has maintained a strong gross profit margin, above 90% in each of the years analyzed. This indicates that the company effectively manages its production costs and negotiates favorable pricing with suppliers. The slight fluctuations in the gross profit margin suggest that PulteGroup Inc may have made adjustments to its pricing strategies or cost control measures to maintain profitability in a competitive market environment.
Peer comparison
Dec 31, 2024