PHM financial statements

The full income statement, balance sheet, and cash-flow statement for PulteGroup Inc. (PHM), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

PeriodRangeOrderChangeYoYQoQAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023	FY2022	FY2021
Income Statement	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Revenue	17.3B YoY-3.5%	17.9B YoY+11.7%	16.1B YoY+0.4%	16.0B YoY+16.5%	13.7B YoY+24.5%
Selling, general & administrative	1.57B YoY+19.1%	1.32B YoY+0.7%	1.31B YoY-5.0%	1.38B YoY+14.3%	1.21B YoY+19.5%
Amortization of intangibles	20.1M YoY+100.2%	10.0M YoY-4.8%	10.5M YoY-5.2%	11.1M YoY-32.6%	16.5M YoY-16.2%
Interest expense	605K YoY+26.3%	479K YoY+2.1%	469K YoY+65.1%	284K YoY-43.4%	502K YoY-88.2%
Other non-operating income	-91.5M YoY-248.2%	61.7M YoY+63.1%	37.9M YoY+158.8%	-64.4M YoY-2572.1%	-2.41M YoY+86.5%
Equity-method income	4.15M YoY-90.6%	44.2M YoY+869.1%	4.56M YoY-91.0%	50.7M YoY+194.7%	17.2M YoY+814.9%
Income tax	693M YoY-24.9%	923M YoY+8.9%	847M YoY+3.0%	822M YoY+45.9%	564M YoY+75.1%
	2.22B YoY-28.0%	3.08B YoY+18.5%	2.60B YoY-0.6%	2.62B YoY+34.5%	1.95B YoY+38.3%
Net income to common	—	—	2.59B YoY-0.3%	2.60B YoY+34.8%	1.93B YoY+38.4%
	$11.12 YoY-24.3%	$14.69 YoY+25.3%	$11.72 YoY+6.4%	$11.01 YoY+48.2%	$7.43 YoY+43.4%
EPS (basic)	$11.21 YoY-24.4%	$14.82 YoY+25.7%	$11.79 YoY+6.5%	$11.07 YoY+48.8%	$7.44 YoY+43.4%
	198M YoY-4.9%	208M YoY-5.4%	220M YoY-6.4%	235M YoY-9.4%	259M YoY-3.5%
	200M YoY-4.9%	210M YoY-5.1%	221M YoY-6.4%	236M YoY-9.1%	260M YoY-3.5%
Dividends per share	$0.92 YoY+12.2%	$0.82 YoY+20.6%	$0.68 YoY+11.5%	$0.61 YoY+7.0%	$0.57 YoY+14.0%
Balance Sheet	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Cash & equivalents	1.98B YoY+22.8%	1.61B YoY-10.7%	1.81B YoY+71.5%	1.05B YoY-40.8%	1.78B YoY-31.1%
	18.0B YoY+3.9%	17.4B YoY+7.9%	16.1B YoY+8.7%	14.8B YoY+10.8%	13.4B YoY+9.4%
Property, plant & equipment	239M YoY-5.7%	253M YoY+14.3%	221M YoY+10.6%	200M YoY+34.3%	149M YoY+13.2%
Operating lease right-of-use	110M YoY+16.8%	93.9M YoY+21.3%	77.4M YoY+5.3%	73.5M YoY-1.1%	74.3M YoY+4.2%
Goodwill	40.4M YoY-41.4%	68.9M YoY+0.0%	68.9M YoY+0.0%	68.9M	—
Intangible assets	26.2M YoY-43.4%	46.3M YoY-17.8%	56.3M YoY-15.8%	66.9M YoY-54.5%	147M YoY-10.1%
Deferred tax assets	49.2M YoY-10.7%	55.0M YoY-15.0%	64.8M YoY-21.4%	82.3M YoY-40.8%	139M YoY+2.0%
	5.06B YoY-3.4%	5.24B YoY-8.1%	5.70B YoY-3.0%	5.88B YoY+0.3%	5.86B YoY+4.0%
Long-term debt	43.9M YoY+41.2%	31.1M YoY-57.7%	73.5M YoY-4.9%	77.3M YoY+21.0%	63.9M
Deferred tax liabilities	448M YoY+1.1%	444M YoY+46.8%	302M YoY+40.2%	215M YoY+30.2%	166M YoY+59.8%
	13.0B YoY+7.1%	12.1B YoY+16.7%	10.4B YoY+16.5%	8.91B YoY+19.0%	7.49B YoY+14.0%
Preferred stock	—	0.00	0.00	0.00	0.00
Common stock	1.93M YoY-5.0%	2.03M YoY-4.6%	2.13M YoY-5.8%	2.26M YoY-9.4%	2.49M YoY-6.5%
Additional paid-in capital	3.49B YoY+1.9%	3.43B YoY+1.7%	3.37B YoY+1.1%	3.33B YoY+1.2%	3.29B YoY+0.9%
Retained earnings	9.49B YoY+9.2%	8.69B YoY+24.0%	7.01B YoY+25.6%	5.58B YoY+33.0%	4.20B YoY+26.9%
Accumulated other comprehensive income	—	—	—	0.00 YoY+100.0%	-45.0K YoY+69.0%
Total liabilities & equity	18.0B YoY+3.9%	17.4B YoY+7.9%	16.1B YoY+8.7%	14.8B YoY+10.8%	13.4B YoY+9.4%
	193M YoY-5.0%	203M YoY-4.5%	213M YoY-5.9%	226M YoY-9.4%	249M YoY-6.4%
	193M YoY-5.0%	203M YoY-4.5%	213M YoY-5.9%	226M YoY-9.4%	249M YoY-6.4%
	192M YoY-5.0%	202M YoY-4.6%	212M YoY-6.0%	226M YoY-9.3%	249M YoY-6.5%
Cash Flow	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	1.87B YoY+11.3%	1.68B YoY-23.5%	2.20B YoY+228.6%	668M YoY-33.4%	1.00B YoY-43.7%
Depreciation & amortization	113M YoY+26.2%	89.2M YoY+10.3%	80.8M YoY+14.0%	70.9M YoY+1.4%	70.0M YoY+5.9%
Share-based compensation	54.8M YoY+0.2%	54.7M YoY+13.5%	48.2M YoY+12.1%	43.0M YoY+17.0%	36.7M YoY+11.9%
Deferred income taxes	10.8M YoY-92.9%	151M YoY+44.9%	104M YoY-2.2%	107M YoY+80.1%	59.2M YoY-57.0%
Change in inventory	213M YoY-72.9%	787M YoY+122.4%	354M YoY-84.3%	2.26B YoY+78.2%	1.27B YoY+42482.8%
	-80.4M YoY+14.9%	-94.5M YoY+26.8%	-129M YoY+24.8%	-172M YoY-38.4%	-124M YoY-15.0%
Capital expenditure	123M YoY+3.5%	119M YoY+28.6%	92.2M YoY-18.2%	113M YoY+54.8%	72.8M YoY+24.7%
Free cash flow	1.75B YoY+11.9%	1.56B YoY-25.8%	2.10B YoY+278.7%	556M YoY-40.3%	931M YoY-46.0%
Acquisitions	0.00	0.00	0.00	0.00	0.00
Other investing activities	5.71M YoY+118.5%	-30.9M YoY-284.6%	16.8M YoY+194.7%	5.68M YoY+184.7%	-6.71M YoY-3.7%
	-1.44B YoY+19.4%	-1.78B YoY-35.7%	-1.31B YoY-6.3%	-1.24B YoY+26.4%	-1.68B YoY-467.8%
Long-term debt issued	0.00	0.00	0.00	0.00	0.00
Long-term debt repaid	24.5M YoY-93.1%	356M YoY+188.6%	123M YoY+2438.9%	4.86M YoY-99.4%	837M YoY+1182.3%
Common stock issued	0.00	0.00	0.00	0.00 YoY-100.0%	11.0K YoY-90.1%
Common stock repurchased	1.20B YoY-0.0%	1.20B YoY+20.0%	1.00B YoY-6.9%	1.07B YoY+19.8%	897M YoY+425.7%
Dividends paid	177M YoY+5.4%	168M YoY+17.7%	142M YoY-1.1%	144M YoY-2.5%	148M YoY+13.6%
Income taxes paid	699M YoY-5.5%	740M YoY-5.7%	784M YoY+22.2%	642M YoY+40.3%	457M YoY+73.1%
Valuation Ratios	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Market cap	22.6B YoY+2.3%	22.0B YoY-0.9%	22.3B YoY+114.5%	10.4B YoY-27.0%	14.2B YoY+24.0%
P/E	10.2× YoY+42.1%	7.2× YoY-10.9%	8.0× YoY+85.5%	4.3× YoY-40.8%	7.3× YoY-10.4%
P/S	1.3× YoY+6.0%	1.2× YoY-11.7%	1.4× YoY+84.2%	0.8× YoY-27.0%	1.0× YoY-0.4%
P/B	1.7× YoY-4.5%	1.8× YoY-18.2%	2.2× YoY+74.9%	1.3× YoY-33.0%	1.9× YoY+8.7%
P/FCF	12.9× YoY-8.6%	14.1× YoY+76.9%	8.0× YoY-96.7%	243.3× YoY+1493.9%	15.3× YoY+129.8%
	9.8% YoY-29.6%	14.0% YoY+12.2%	12.5% YoY-46.1%	23.1% YoY+68.8%	13.7% YoY+11.6%
	7.8% YoY+9.4%	7.1% YoY-43.5%	12.5% YoY+2948.9%	0.41% YoY-93.7%	6.6% YoY-56.5%
	0.78% YoY+4.2%	0.75% YoY+14.3%	0.66% YoY-50.8%	1.3% YoY+34.4%	1.00% YoY-14.0%
Source filing	10-K	10-K	10-K	10-K	10-K

About this data

Source: PHM's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all PHM filings on SEC EDGAR → Not investment advice.