PulteGroup profit margin PHM
Gross, operating and net profit as a share of revenue over the last twelve months, from 2010.
- Net margin, 12 months
- 11.6%
- Operating margin, 12 months
- 15.7%
- Net margin on a year earlier
- −3.9 pts
- Peer median
- 7.5%
Over the twelve months to Jun 30, 2026, PulteGroup kept 11.6% of its revenue as net profit, with an operating margin of 15.7% and a gross margin of 26.6%.
Five years earlier its net margin was 13.6%.
The median for 10 homebuilders of a similar size is 7.5%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 12.8% | 17.3% | 27.8% |
| FY2024 | 17.2% | 21.7% | 30.3% |
| FY2023 | 16.2% | 21.2% | 30.5% |
| FY2022 | 16.4% | 21.6% | 31.3% |
| FY2021 | 14.0% | 18.5% | n/a |
| FY2020 | 12.8% | 15.9% | n/a |
| FY2019 | n/a | n/a | n/a |
| FY2018 | n/a | n/a | n/a |
| FY2017 | 4.2% | 8.8% | n/a |
| FY2016 | 7.9% | 12.2% | n/a |
| FY2015 | 8.3% | 13.6% | n/a |
| FY2014 | 8.1% | 11.8% | n/a |
| FY2013 | 46.1% | 9.3% | n/a |
| FY2012 | 4.3% | 3.8% | n/a |
| FY2011 | −5.1% | −7.5% | n/a |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 11.6% | −3.9 pts | 15.7% | |
| Q1 FY26 | 12.1% | −4.3 pts | 16.4% | |
| Q4 FY25 | 12.8% | −4.4 pts | 17.3% | |
| Q3 FY25 | 14.9% | −1.7 pts | 19.3% | |
| Q2 FY25 | 15.5% | −1.3 pts | 20.0% | |
| Q1 FY25 | 16.5% | −0.2 pts | 21.0% | |
| Q4 FY24 | 17.2% | +1.0 pts | 21.7% | |
| Q3 FY24 | 16.6% | +0.2 pts | 21.3% | |
| Q2 FY24 | 16.8% | +0.2 pts | 21.5% | |
| Q1 FY24 | 16.6% | +0.2 pts | 21.4% | |
| Q4 FY23 | 16.2% | −0.2 pts | 21.2% | |
| Q3 FY23 | 16.5% | +0.8 pts | 21.4% |
Against its peers
Companies in Residential Construction nearest PulteGroup's size, closest first, today.
| Company | Profit margin |
|---|---|
| PHMPulteGroup | 11.6% |
| NVRNVR | 12.0% |
| TOLToll Brothers | 11.1% |
| DHID.R. Horton | 9.2% |
| IBPInstalled Building Products | 8.5% |
| ECGEverus Construction | 6.0% |
| MTHMeritage Homes CORP | 6.1% |
| TPCTutor Perini | 2.1% |
| GEOGEO | 10.3% |
| MHOM/I Homes | 6.6% |
| KBHKB Home | 4.4% |
| Peer median | 7.5% |
Where PulteGroup ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on PulteGroup
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.