PulteGroup Inc (PHM)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 3,083,260 | 2,602,370 | 2,617,320 | 1,946,320 | 1,406,840 |
| Revenue | US$ in thousands | 18,181,800 | 16,211,600 | 16,435,100 | 14,116,200 | 11,036,100 |
| Net profit margin | 16.96% | 16.05% | 15.93% | 13.79% | 12.75% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $3,083,260K ÷ $18,181,800K
= 16.96%
PulteGroup Inc's net profit margin has shown a positive trend over the past five years, reflecting consistent improvement in profitability. The net profit margin increased from 12.75% as of December 31, 2020, to 16.96% by December 31, 2024. This indicates the company's ability to effectively manage costs and generate higher profits from its operations over the period.
The progression in the net profit margin suggests that PulteGroup Inc has been successful in enhancing its operational efficiency and maximizing revenue relative to its costs. A rising net profit margin signifies that the company is retaining a larger portion of its revenue as net income, which is a key metric in evaluating its financial performance and overall profitability.
Overall, the consistent growth in PulteGroup Inc's net profit margin indicates a positive trend in the company's financial health and operational effectiveness, showcasing its ability to generate increasing profits relative to its revenue over the years.
Peer comparison
Dec 31, 2024