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 Q1 2026. The company reported $16.83B in revenue and converted 12.1% of it into net profit, equivalent to roughly $2.04B 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 26.1% in TTM through Q1 2026, equivalent to $4.39B in gross profit on $16.83B 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 16.4% in TTM through Q1 2026, equivalent to $2.76B 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 12.1% in TTM through Q1 2026, equivalent to $2.04B 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 $2.04B in net income for TTM through Q1 2026, with a net profit margin of 12.1%. 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 $93.14M on capital expenditures (CapEx) during TTM through Q1 2026, roughly 0.6% 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 $1.64B in free cash flow during TTM through Q1 2026, a free-cash-flow margin of 9.8%. 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 23.8% in TTM through Q1 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 Q1 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 25.8% 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 Q1 2026

Calculated from the four most recent reported quarters, ending March 31, 2026 (reported April 23, 2026).

PulteGroup (PHM) Revenue by Product Segment — TTM through Q1 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) in TTM through Q1 2026.
Segment	Revenue (USD)	% of total
Home Building Segment	$16.46B	97.8%
Financial Service	$369.59M	2.2%
Total	$16.83B	100%

Home Building Segment$16.46B
Financial Service$369.59M
Total$16.83B

PulteGroup (PHM) Revenue by Geography — TTM through Q1 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 Q1 2026
Region	Revenue (USD)	% of total
Florida Geographic Segment	$4.20B	25.8%
West	$3.73B	22.9%
Southeast	$2.94B	18.1%
MidWest	$2.67B	16.4%
Texas Geographic Segment	$1.58B	9.7%
Northeast	$1.17B	7.2%
Total	$16.30B	100%

Florida Geographic Segment
West
Southeast
MidWest
Texas Geographic Segment
Northeast
Total

Revenue Breakdown — TTM through Q1 2026

In TTM through Q1 2026, PulteGroup (PHM) reports revenue across 2 operating segments; the largest segment was Home Building Segment at 97.8%, followed by Financial Service (2.2%). Separately, by end-market geography, Florida Geographic Segment accounted for 25.8% of revenue, followed by West (22.9%) and Southeast (18.1%).

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