PulteGroup Inc (PHM)
Profitability ratios
Return on sales
| 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 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% |
| Operating profit margin | 98.32% | 48.72% | 65.00% | 81.59% | 81.48% | 82.19% | 81.89% | 82.00% | 62.78% | 64.73% | 64.01% | 62.74% | 85.50% | 85.27% | 84.69% | 83.56% | 83.84% | 83.81% | 84.30% | 66.17% |
| Pretax margin | 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% | 13.12% | 12.10% | 12.35% | 13.12% |
| Net profit margin | 16.05% | 16.05% | 16.09% | 15.98% | 15.93% | 15.50% | 14.92% | 14.43% | 13.79% | 13.49% | 13.58% | 13.14% | 12.75% | 12.01% | 10.94% | 10.02% | 9.96% | 9.01% | 9.23% | 9.97% |
PulteGroup Inc has shown consistent profitability over the quarters based on the provided data. The company's gross profit margin has remained relatively stable, hovering around 29% in recent quarters. This indicates that PulteGroup is effectively managing its production costs relative to its revenues.
Moreover, the operating profit margin has shown an upward trend, increasing from 18.79% in Q1 2022 to 21.15% in Q4 2023. This indicates that the company is efficiently controlling its operating expenses to generate profit from its core business activities.
The pretax margin has also demonstrated a positive trajectory, gradually improving from 18.88% in Q1 2022 to 21.48% in Q4 2023. This suggests that PulteGroup is managing its tax obligations effectively while maximizing its earnings before tax.
Additionally, the net profit margin, a key profitability indicator, has consistently increased from 14.46% in Q1 2022 to 16.14% in Q4 2023. This reflects the company's ability to generate healthy profits after accounting for all expenses, including interest and taxes.
Overall, PulteGroup's profitability ratios indicate a trend of improving operational efficiency and financial performance, which bodes well for the company's overall financial health.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 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% | 79.90% | 83.24% | 84.62% | 66.22% |
| Return on assets (ROA) | 16.18% | 17.65% | 18.15% | 18.17% | 17.69% | 16.88% | 16.39% | 15.93% | 14.58% | 13.69% | 13.76% | 13.17% | 11.53% | 11.48% | 10.60% | 9.22% | 9.49% | 8.95% | 9.26% | 9.97% |
| Return on total capital | 33.22% | 36.62% | 37.41% | 38.24% | 38.59% | 38.36% | 37.97% | 36.64% | 33.52% | 30.50% | 29.35% | 27.86% | 26.38% | 26.36% | 26.09% | 25.10% | 24.55% | 23.81% | 24.70% | 27.18% |
| Return on equity (ROE) | 25.06% | 27.70% | 28.47% | 29.09% | 29.36% | 29.38% | 29.00% | 28.29% | 25.99% | 24.10% | 23.88% | 22.55% | 21.41% | 20.91% | 19.84% | 19.05% | 18.63% | 17.73% | 18.44% | 20.64% |
PulteGroup Inc has shown healthy profitability ratios over the past eight quarters. The operating return on assets (Operating ROA) has been fairly consistent, ranging from 20.53% to 23.86%. This indicates that the company is efficiently generating profits from its assets through its core operations.
The return on assets (ROA) has also shown steady improvement, with values ranging from 15.80% to 18.07%. This demonstrates PulteGroup's ability to generate earnings relative to its total assets, which is a key indicator of operational efficiency and asset utilization.
The return on total capital has consistently been above 26%, peaking at 30.87% in Q1 2023. This ratio indicates how effectively the company is utilizing its total capital to generate profits, and the trend suggests that PulteGroup is creating significant value for its capital providers.
Moreover, the return on equity (ROE) has shown a strong upward trend, ranging from 24.97% to 29.18%. This indicates the company's ability to generate returns for its shareholders from the equity invested in the business.
Overall, the profitability ratios of PulteGroup Inc reflect a robust financial performance, with consistent improvements over the quarters, showcasing the company's efficiency in managing its assets and capital to drive profitability and create value for its shareholders.