PulteGroup Inc (PHM)

Return on equity (ROE)

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 stockholders’ equity US$ in thousands 12,122,000 11,564,200 11,222,800 10,762,000 10,383,300 10,012,500 9,705,020 9,263,810 8,914,100 8,164,000 7,745,220 7,413,260 7,489,520 7,141,750 6,958,470 6,685,270 6,569,990 6,240,020 5,851,670 5,530,390
ROE 25.44% 24.91% 25.14% 25.40% 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%

December 31, 2024 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $3,083,262K ÷ $12,122,000K
= 25.44%

PulteGroup Inc's Return on Equity (ROE) has shown a generally increasing trend over the period from March 31, 2020, to December 31, 2024. The ROE started at 19.05% in March 2020 and reached a peak of 29.38% in September 2022, demonstrating a strong improvement in profitability and efficiency in utilizing shareholders' equity.

However, the ROE witnessed a slight decline in the subsequent periods, dropping to 25.06% by December 31, 2023, before experiencing a slight recovery to 25.44% by December 31, 2024. This indicates that the company's ability to generate profit from its equity investment has remained relatively strong, although there was a mild fluctuation in the performance.

Overall, PulteGroup Inc's ROE performance reflects a positive trend with some fluctuations, showcasing management's effectiveness in generating returns for shareholders through efficient utilization of equity capital during the period under review.