PulteGroup Inc (PHM)
Debt-to-equity ratio
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| 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 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 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
Based on the provided data, PulteGroup Inc has consistently maintained a debt-to-equity ratio of 0.00 across multiple quarters from March 31, 2020, to December 31, 2024. A debt-to-equity ratio of 0.00 indicates that the company has no debt or is effectively debt-free compared to its equity. This implies that the company may be financing its operations and investments primarily through equity funding rather than debt financing.
Having a low or zero debt-to-equity ratio can be viewed positively by investors and stakeholders as it suggests a lower financial risk and a potentially stronger financial position. However, it is important to note that a zero debt-to-equity ratio may also indicate a conservative financial strategy that could limit the company's growth opportunities compared to leveraging debt for expansion.
Overall, the consistent 0.00 debt-to-equity ratio for PulteGroup Inc indicates a financially stable and relatively debt-free position during the period analyzed.
Peer comparison
Dec 31, 2024