PulteGroup Inc (PHM)

Gross profit margin

		Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Gross profit (ttm)	US$ in thousands	17,302,869	9,883,709	12,623,480	15,255,280	14,879,880	14,141,990	13,726,870	13,239,550	10,126,250	9,149,660	8,675,160	7,973,940	10,229,200	10,053,750	9,787,370	9,630,410	9,374,350	9,356,590	9,331,140	7,514,234
Revenue (ttm)	US$ in thousands	16,211,570	17,278,700	17,170,230	16,861,230	16,435,110	15,472,220	15,056,210	14,535,940	14,116,210	12,760,680	12,236,590	11,470,890	11,036,080	10,860,630	10,616,030	10,511,230	10,212,940	10,195,180	10,134,190	10,214,930
Gross profit margin		106.73%	57.20%	73.52%	90.48%	90.54%	91.40%	91.17%	91.08%	71.73%	71.70%	70.90%	69.51%	92.69%	92.57%	92.19%	91.62%	91.79%	91.77%	92.08%	73.56%

December 31, 2023 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $17,302,869K ÷ $16,211,570K
= 106.73%

PulteGroup Inc's gross profit margin has shown relatively stable performance over the past eight quarters, ranging from 27.69% in Q1 2022 to 29.79% in Q4 2022. The company's gross profit margin for Q4 2023 was 29.38%, slightly higher than the previous quarter's 29.33%. This indicates that PulteGroup has been effective in controlling its cost of goods sold and managing its revenue generation during the period under review. Overall, the company has been able to maintain a consistent level of profitability in terms of gross margin, which is a positive sign for its financial health and operational efficiency.