Question 1

What is PulteGroup's P/FCF ratio?

Accepted Answer

PulteGroup (PHM) P/FCF ratio is 14.0× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month free cash flow, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/FCF ratio calculated?

Accepted Answer

P/FCF = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Free Cash Flow, where Free Cash Flow = Operating Cash Flow − Capital Expenditures. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/FCF ratio?

Accepted Answer

The price-to-free-cash-flow (P/FCF) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) free cash flow. It is calculated as market cap ÷ TTM free cash flow, where free cash flow = operating cash flow − capital expenditures. Because FCF cannot be inflated by non-cash accounting items, P/FCF is often considered a cleaner measure of "earnings-power valuation" than P/E — especially for capital-intensive businesses where depreciation diverges from real cash outflows.

Question 4

What is a good P/FCF ratio for PulteGroup?

Accepted Answer

Mature companies that consistently convert profit into cash often trade at 15–25× P/FCF; capital-intensive businesses with lumpy capex typically trade lower. Compare against sector peers and against the company's own multi-year average — single-year P/FCF can be distorted by working-capital swings. For PulteGroup specifically, the relevant sector benchmark is the current sector median of 17.8×.

Question 5

Is PulteGroup's P/FCF ratio high or low?

Accepted Answer

PulteGroup's P/FCF ratio of 14.0× is below its own 5-year average of 23.4× and below the sector median of 17.8×. That places the current reading at the 44th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is PulteGroup's historical P/FCF ratio range?

Accepted Answer

In the available daily series, PulteGroup (PHM) P/FCF ratio has ranged from a low of 1.5× in 2008 to a high of 1460.7× in 2015. The 5-year average is 23.4× and the 5-year median is 14.3×.

Question 7

What was PulteGroup's P/FCF ratio in 2025?

Accepted Answer

PulteGroup (PHM) P/FCF ratio at the end of 2025 was 13.0×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month free cash flow figure available at that date.

Question 8

Why does PulteGroup's P/FCF ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (free cash flow). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$22.76B	$1.75B	13.0×	-1.2×	Dec 31, 2025
2024	$22.25B	$1.56B	14.2×	+3.7×	Dec 31, 2024
2023	$22.13B	$2.10B	10.5×	-8.1×	Dec 31, 2023
2022	$10.34B	$555.80M	18.6×	+3.2×	Dec 31, 2022
2021	$14.38B	$931.24M	15.4×	+8.8×	Dec 31, 2021
2020	$11.54B	$1.73B	6.7×	-3.6×	Dec 31, 2020
2019	$10.51B	$1.02B	10.3×	+5.1×	Dec 31, 2019
2018	$7.25B	$1.39B	5.2×	-10.2×	Dec 31, 2018
2017	$9.71B	$631.03M	15.4×	-191.4×	Dec 31, 2017
2016	$5.99B	$28.98M	206.8×	—	Dec 31, 2016
2015	$6.21B	−$393.57M	—	—	Dec 31, 2015
2014	$7.93B	$260.46M	30.4×	+21.4×	Dec 31, 2014
2013	$7.74B	$852.24M	9.1×	-0.3×	Dec 31, 2013
2012	$6.96B	$746.20M	9.3×	—	Dec 31, 2012
2011	$2.40B	−$4.02M	—	—	Dec 31, 2011
2010	$2.85B	$565.08M	5.0×	-0.4×	Dec 31, 2010
2009	$3.78B	$699.60M	5.4×	+3.1×	Dec 31, 2009
2008	$2.77B	$1.20B	2.3×	-0.0×	Dec 31, 2008
2007	$2.66B	$1.15B	2.3×	—	Dec 31, 2007
2006	$8.32B	−$366.15M	—	—	Dec 31, 2006
2005	$9.99B	−$70.18M	—	—	Dec 31, 2005
2004	$8.13B	−$773.50M	—	—	Dec 31, 2004
2003	$5.78B	−$318.14M	—	—	Dec 31, 2003
2002	$2.90B	$162.20M	17.9×	—	Dec 31, 2002
2001	$2.64B	−$418.80M	—	—	Dec 31, 2001


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Avery Dennison (AVY)	15.2×
Wynn Resorts (WYNN)	15.1×
NVR (NVR)	14.9×
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General Motors (GM)	5.5×
MGM Resorts (MGM)	5.5×
Ford Motor (F)	3.9×

P/FCF Ratio for PulteGroup (PHM)

P/FCF Ratio daily chart for PulteGroup (PHM)

Historical P/FCF Ratio for PulteGroup (PHM) from 2001 to 2025

About P/FCF Ratio at PulteGroup (PHM)

PulteGroup P/FCF Ratio by Year

PulteGroup P/FCF Ratio 2025: 13.0×

PulteGroup P/FCF Ratio 2024: 14.2×

PulteGroup P/FCF Ratio 2023: 10.5×

PulteGroup P/FCF Ratio 2022: 18.6×

PulteGroup P/FCF Ratio 2021: 15.4×

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

PulteGroup (PHM) Key Financials

P/FCF Ratio daily chart for PulteGroup (PHM)

Historical P/FCF Ratio for PulteGroup (PHM) from 2001 to 2025

About P/FCF Ratio at PulteGroup (PHM)

PulteGroup P/FCF Ratio by Year

PulteGroup P/FCF Ratio 2025: 13.0×

PulteGroup P/FCF Ratio 2024: 14.2×

PulteGroup P/FCF Ratio 2023: 10.5×

PulteGroup P/FCF Ratio 2022: 18.6×

PulteGroup P/FCF Ratio 2021: 15.4×

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

+What is PulteGroup's P/FCF ratio?

+How is the P/FCF ratio calculated?

+What is the P/FCF ratio?

+What is a good P/FCF ratio for PulteGroup?

+Is PulteGroup's P/FCF ratio high or low?

+What is PulteGroup's historical P/FCF ratio range?

+What was PulteGroup's P/FCF ratio in 2025?

+Why does PulteGroup's P/FCF ratio change over time?

PulteGroup (PHM) Key Financials