PulteGroup Inc (PHM)
Return on equity (ROE)
| 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 |
| Total stockholders’ equity | US$ in thousands | 12,122,000 | 10,383,300 | 8,914,100 | 7,489,520 | 6,569,990 |
| ROE | 25.44% | 25.06% | 29.36% | 25.99% | 21.41% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $3,083,260K ÷ $12,122,000K
= 25.44%
PulteGroup Inc's return on equity (ROE) has shown a generally positive trend over the past five years. Starting at 21.41% in December 2020, the ROE increased to 25.99% by December 2021 and further reached 29.36% by December 2022, indicating improving efficiency in generating profits from shareholders' equity.
Although the ROE dipped slightly to 25.06% by December 2023, it remained relatively strong compared to the starting point. As of December 31, 2024, the ROE stood at 25.44%, signaling a stable performance in utilizing equity to generate returns for investors.
Overall, the increasing trend in ROE suggests that PulteGroup Inc has been effectively utilizing its equity to generate profits, which could be an indication of efficient financial management and operational performance. It is essential for investors and analysts to continue monitoring these metrics to assess the company's long-term profitability and sustainability.
Peer comparison
Dec 31, 2024