How does PulteGroup (PHM) make money?

PulteGroup (PHM) generates revenue primarily from Home Building Segment, which accounted for 97.8% of total revenue in TTM through Q2 2026. The company reported $16.4B in revenue and converted 11.6% of it into net profit, equivalent to roughly $1.91B in net income — what's left after the cost of revenue, operating expenses, interest, and income taxes.

What is the gross profit margin of PulteGroup (PHM)?

PulteGroup (PHM) reported a gross profit margin of 24.5% in TTM through Q2 2026, equivalent to $4.01B in gross profit on $16.4B in revenue. Gross margin measures how much of each dollar of revenue remains after the direct cost of producing or delivering the product — a higher figure typically signals pricing power, scale, or a less capital-intensive business model.

What is the operating profit margin of PulteGroup (PHM)?

PulteGroup (PHM) reported an operating profit margin of 14.6% in TTM through Q2 2026, equivalent to $2.4B in operating income. Operating margin captures profitability after research & development, sales & marketing, and general & administrative expenses — but before interest, taxes, and one-off items — and is the cleanest single read on the underlying business's efficiency.

What is the net profit margin of PulteGroup (PHM)?

PulteGroup (PHM) reported a net profit margin of 11.6% in TTM through Q2 2026, equivalent to $1.91B in net income. Net margin is the bottom-line share of revenue that survives every expense — operating costs, interest, and income taxes — and is the figure that flows directly into earnings per share.

Is PulteGroup (PHM) profitable?

Yes. PulteGroup (PHM) reported $1.91B in net income for TTM through Q2 2026, with a net profit margin of 11.6%. The company earned more from its operations than it paid out in costs, interest, and income taxes, leaving positive earnings on the bottom line.

How much does PulteGroup (PHM) spend on capital expenditures?

PulteGroup (PHM) spent $114M on capital expenditures (CapEx) during TTM through Q2 2026, roughly 0.7% of total revenue. CapEx represents long-lived investment in property, equipment, data centres, and other physical infrastructure, and is subtracted from operating cash flow to arrive at free cash flow.

How much free cash flow does PulteGroup (PHM) generate?

PulteGroup (PHM) generated $1.51B in free cash flow during TTM through Q2 2026, a free-cash-flow margin of 9.2%. Free cash flow is the cash left after capital expenditures and represents the discretionary pool the company can use to pay dividends, repurchase shares, repay debt, or fund acquisitions without raising external capital.

What is the effective tax rate of PulteGroup (PHM)?

PulteGroup (PHM) had an effective tax rate of 23.6% in TTM through Q2 2026. The effective rate is the actual share of pre-tax income paid as income taxes and can differ materially from the statutory rate due to foreign earnings mix, tax credits (such as R&D), share-based compensation deductions, and one-off discrete items.

What are the main business segments of PulteGroup (PHM)?

PulteGroup (PHM) reports revenue across 2 reportable product segments, led by Home Building Segment at 97.8% of total revenue in TTM through Q2 2026. See the revenue-by-segment table on this page for the full breakdown and how each segment feeds into the income-statement waterfall above.

Where does PulteGroup (PHM) generate most of its revenue?

Florida Geographic Segment is the largest geographic market for PulteGroup (PHM), accounting for 26.6% of revenue in the most recent annual filing. The complete regional split — including international markets and any Rest-of-World rollup — is shown in the revenue-by-geography table on this page.

How PulteGroup Makes Money: 2026 Visual Revenue Map

PulteGroup (PHM) Income Statement Flow — TTM through Q2 2026

Calculated from the four most recent reported quarters, ending June 30, 2026 (reported July 22, 2026).

PulteGroup (PHM) Revenue by Product Segment — TTM through Q2 2026

Aggregated from the four quarterly disclosures behind this TTM. Minor differences vs the company's annual filing can occur if reported segments changed mid-year.

Revenue contribution by product segment for PulteGroup (PHM), TTM through Q2 2026.
Segment	Revenue (USD)	% of total
Home Building Segment	$16B	97.8%
Financial Service	$365M	2.2%
Total	$16.4B	100%

Home Building Segment$16B
Financial Service$365M
Total$16.4B

PulteGroup (PHM) Revenue by Geography — TTM through Q2 2026

Aggregated from the four quarterly disclosures behind this TTM. Minor differences vs the company's annual filing can occur if reported regions changed mid-year.

Revenue contribution by geographic region for PulteGroup (PHM), TTM through Q2 2026
Region	Revenue (USD)	% of total
Florida Geographic Segment	$4.21B	26.6%
West	$3.53B	22.3%
Southeast	$2.89B	18.3%
MidWest	$2.62B	16.5%
Texas Geographic Segment	$1.53B	9.6%
Northeast	$1.06B	6.7%
Total	$15.8B	100%

Florida Geographic Segment
West
Southeast
MidWest
Texas Geographic Segment
Northeast
Total

Revenue Breakdown — TTM through Q2 2026

In TTM through Q2 2026, PulteGroup (PHM) reports revenue across 2 reportable product segments; the largest segment was Home Building Segment at 97.8%, followed by Financial Service (2.2%). Geographically, Florida Geographic Segment accounted for 26.6% of revenue, followed by West (22.3%) and Southeast (18.3%).

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