PulteGroup Inc (PHM)

Return on assets (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
Net income (ttm)	US$ in thousands	3,083,262	2,881,016	2,821,877	2,733,089	2,602,372	2,773,610	2,762,763	2,694,853	2,617,317	2,398,351	2,245,972	2,096,936	1,946,320	1,721,166	1,662,015	1,507,236	1,406,840	1,304,527	1,161,233	1,053,654
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
ROA		17.76%	16.99%	17.06%	16.57%	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%

December 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $3,083,262K ÷ $17,363,800K
= 17.76%

PulteGroup Inc's return on assets (ROA) has shown a positive trend over the period from March 31, 2020, to December 31, 2024. The ROA has steadily increased from 9.22% in March 2020 to 17.76% in December 2024, reflecting the company's ability to generate higher earnings relative to its total assets.

The ROA improved from 10.60% in June 2020 to 15.93% in March 2022, demonstrating consistent growth in efficiency and profitability. There was a slight dip in ROA in the June 2023 and September 2023 quarters, but the ratio recovered and remained relatively stable around 17% towards the end of 2024.

Overall, the increasing trend in ROA indicates that PulteGroup Inc has been effectively utilizing its assets to generate profits, which bodes well for the company's financial health and performance.