TTM
16.4%
YoY change
−4.35pp
Trough year (2009)
-30.5%
Peak year (1989)
23.8%
Latest annual
17.3%
Operating Margin history chart for PulteGroup (PHM) from 1985 to 2025
Latest: 17.3%
Operating Margin change chart for PulteGroup (PHM) from 1985 to 2025
Latest: −4.35pp
Operating Margin history table for PulteGroup (PHM) from 1985 to 2025
| 2025 | 17.3% | -4.35pp | ||
| 2024 | 21.7% | +0.53pp | ||
| 2023 | 21.1% | -0.36pp | ||
| 2022 | 21.5% | +2.89pp | ||
| 2021 | 18.6% | +2.79pp | ||
| 2020 | 15.8% | +2.72pp | ||
| 2019 | 13.1% | -0.12pp | ||
| 2018 | 13.2% | +2.07pp | ||
| 2017 | 11.2% | -1.56pp | ||
| 2016 | 12.7% | -0.99pp | ||
| 2015 | 13.7% | +1.63pp | ||
| 2014 | 12.1% | +1.68pp | ||
| 2013 | 10.4% | +5.66pp | ||
| 2012 | 4.7% | +5.65pp | ||
| 2011 | -0.9% | +10.37pp | ||
| 2010 | -11.3% | +19.25pp | ||
| 2009 | -30.5% | -4.12pp | ||
| 2008 | -26.4% | -1.50pp | ||
| 2007 | -24.9% | -32.93pp | ||
| 2006 | 8.0% | -6.96pp | ||
| 2005 | 15.0% | +1.68pp | ||
| 2004 | 13.3% | +2.48pp | ||
| 2003 | 10.8% | +1.20pp | ||
| 2002 | 9.6% | -0.08pp | ||
| 2001 | 9.7% | +0.86pp | ||
| 2000 | 8.8% | +1.41pp | ||
| 1999 | 7.4% | +1.64pp | ||
| 1998 | 5.8% | +1.71pp | ||
| 1997 | 4.1% | -0.22pp | ||
| 1996 | 4.3% | +0.26pp | ||
| 1995 | 4.0% | -1.86pp | ||
| 1994 | 5.9% | -8.82pp | ||
| 1993 | 14.7% | -0.29pp | ||
| 1992 | 15.0% | -0.70pp | ||
| 1991 | 15.7% | -1.02pp | ||
| 1990 | 16.7% | -7.09pp | ||
| 1989 | 23.8% | +15.85pp | ||
| 1988 | 8.0% | +11.18pp | ||
| 1987 | -3.2% | -7.64pp | ||
| 1986 | 4.4% | +1.10pp | ||
| 1985 | 3.3% | — |
- 202517.3%-4.35pp
- 202421.7%+0.53pp
- 202321.1%-0.36pp
- 202221.5%+2.89pp
- 202118.6%+2.79pp
- 202015.8%+2.72pp
- 201913.1%-0.12pp
- 201813.2%+2.07pp
- 201711.2%-1.56pp
- 201612.7%-0.99pp
- 201513.7%+1.63pp
- 201412.1%+1.68pp
- 201310.4%+5.66pp
- 20124.7%+5.65pp
- 2011-0.9%+10.37pp
- 2010-11.3%+19.25pp
- 2009-30.5%-4.12pp
- 2008-26.4%-1.50pp
- 2007-24.9%-32.93pp
- 20068.0%-6.96pp
- 200515.0%+1.68pp
- 200413.3%+2.48pp
- 200310.8%+1.20pp
- 20029.6%-0.08pp
- 20019.7%+0.86pp
- 20008.8%+1.41pp
- 19997.4%+1.64pp
- 19985.8%+1.71pp
- 19974.1%-0.22pp
- 19964.3%+0.26pp
- 19954.0%-1.86pp
- 19945.9%-8.82pp
- 199314.7%-0.29pp
- 199215.0%-0.70pp
- 199115.7%-1.02pp
- 199016.7%-7.09pp
- 198923.8%+15.85pp
- 19888.0%+11.18pp
- 1987-3.2%-7.64pp
- 19864.4%+1.10pp
- 19853.3%—
Operating Margin values are taken from PulteGroup's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Operating Margin at PulteGroup (PHM)
According to PulteGroup's latest reported financial statements, the company's latest reported operating margin is 16.4%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
As of the 2025 fiscal year, PulteGroup (PHM) reported operating margin of 17.32% – contracted 4.4 percentage points year-over-year.
23.84% stands as the all-time-high annual operating margin, posted in 1989, against a low of -30.52% during 2009.
PulteGroup Operating Margin by Year
PulteGroup Operating Margin 2025: 17.3%
PulteGroup posted operating margin of 17.32% in 2025, contracted 4.4 percentage points from 2024.
PulteGroup Operating Margin 2024: 21.7%
In 2024, PulteGroup reported operating margin of 21.67%, expanded 0.5 percentage points from 2023.
PulteGroup Operating Margin 2023: 21.1%
PulteGroup operating margin in 2023 was 21.15%, contracted 0.4 percentage points from 2022.
PulteGroup Operating Margin 2022: 21.5%
2022's operating margin for PulteGroup came in at 21.51%, expanded 2.9 percentage points from 2021.
PulteGroup Operating Margin 2021: 18.6%
PulteGroup operating margin in 2021 was 18.62%.
See more financial history for PulteGroup (PHM).
Sector peers by Operating Margin
Consumer Cyclical peers of PulteGroup (PHM), ranked by their latest operating margin
| 46.0% | |
| 34.3% | |
| 22.2% | |
| 12.4% | |
| 12.4% | |
| 11.5% | |
| 5.8% | |
| 5.0% |
- 46.0%
- 22.2%
- 12.4%
- 12.4%
- 11.5%
- 5.8%
- 5.0%
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