PulteGroup Inc (PHM)

Operating return on assets (Operating ROA)

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	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
Operating income (ttm)	US$ in thousands	15,396,815	13,553,815	13,542,641	13,494,561	15,938,859	8,418,529	11,161,210	13,756,250	13,391,310	12,716,440	12,330,090	11,919,540	8,862,612	8,259,472	7,832,722	7,196,552	9,436,240	9,260,790	8,990,630	8,782,880
Total assets	US$ in thousands	17,363,800	16,955,100	16,544,100	16,496,200	16,087,000	15,717,300	15,225,900	14,831,000	14,796,500	14,211,800	13,700,300	13,164,200	13,352,600	12,571,900	12,082,000	11,445,700	12,205,500	11,365,000	10,958,500	11,423,400
Operating ROA		88.67%	79.94%	81.86%	81.80%	99.08%	53.56%	73.30%	92.75%	90.50%	89.48%	90.00%	90.55%	66.37%	65.70%	64.83%	62.88%	77.31%	81.49%	82.04%	76.88%

December 31, 2024 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $15,396,815K ÷ $17,363,800K
= 88.67%

PulteGroup Inc's operating return on assets (operating ROA) has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The operating ROA started at a high of 76.88% in March 2020 and increased to 82.04% by June 2020. It remained relatively stable around the 80% mark until March 2021 when it dropped to 62.88%.

After this decline, the operating ROA started to recover and increased steadily, reaching a peak of 99.08% by December 31, 2023. However, after this peak, there was a significant decline in operating ROA, dropping to 53.56% by September 30, 2023. The trend reversed again, and by December 31, 2024, the operating ROA had recovered to 88.67%.

Overall, PulteGroup Inc's operating ROA has shown volatility and fluctuations during the period under review. It is important for stakeholders to monitor these fluctuations and understand the factors driving the changes in operating ROA to assess the company's operational efficiency and profitability.