PulteGroup Inc (PHM)
Pretax margin
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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 4,005,879 | 3,769,967 | 3,711,085 | 3,615,788 | 3,449,267 | 3,666,269 | 3,630,232 | 3,541,792 | 3,439,563 | 3,131,660 | 2,940,785 | 2,715,685 | 2,509,844 | 2,177,677 | 2,041,442 | 1,858,978 | 1,728,695 | 1,640,896 | 1,522,875 | 1,386,642 |
Revenue (ttm) | US$ in thousands | 18,181,830 | 17,468,810 | 16,996,000 | 16,585,090 | 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 |
Pretax margin | 22.03% | 21.58% | 21.84% | 21.80% | 21.28% | 21.22% | 21.14% | 21.01% | 20.93% | 20.24% | 19.53% | 18.68% | 17.78% | 17.07% | 16.68% | 16.21% | 15.66% | 15.11% | 14.35% | 13.19% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $4,005,879K ÷ $18,181,830K
= 22.03%
PulteGroup Inc's pretax margin has demonstrated a positive trend over the years, starting at 13.19% in March 2020 and gradually increasing to 22.03% by December 2024. This indicates the company's ability to effectively control its operating costs and generate profits before taxes. The consistent improvement in pretax margin reflects the company's operational efficiency and financial management. Investors and stakeholders can view this as a positive indicator of the company's profitability and performance over the specified period.
Peer comparison
Dec 31, 2024
Company name
Symbol
Pretax margin
PulteGroup Inc
PHM
22.03%
Century Communities Inc
CCS
10.01%
DR Horton Inc
DHI
16.86%
Dream Finders Homes Inc
DFH
9.72%
Everus Construction Group Inc
ECG
5.99%
Green Brick Partners Inc
GRBK
20.77%
KB Home
KBH
12.28%
LGI Homes
LGIH
11.10%
M/I Homes Inc
MHO
15.06%
Meritage Corporation
MTH
15.47%
NVR Inc
NVR
20.10%