PulteGroup Inc (PHM)
Debt-to-equity ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 12,122,000 | 10,383,300 | 8,914,100 | 7,489,520 | 6,569,990 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $12,122,000K
= 0.00
The debt-to-equity ratio for PulteGroup Inc has consistently been reported as 0.00 for the years 2020, 2021, 2022, 2023, and 2024. This indicates that the company has no debt on its balance sheet relative to its equity during these years. A debt-to-equity ratio of 0.00 typically suggests that the company is not relying on debt financing to fund its operations and expansion, which can be viewed positively by investors and creditors. This low ratio may indicate strong financial health and stability, as the company is not burdened by excessive debt obligations. However, it's important to consider other financial metrics and ratios in conjunction with the debt-to-equity ratio to have a full understanding of PulteGroup Inc's financial position.
Peer comparison
Dec 31, 2024