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PulteGroup logoPulteGroup PHM

PulteGroup said net income for the quarter ended September 30 of Q3 2025 was $586 million, or $2.96 per diluted share. Net income in the prior-year period was $698 million, or $3.35 per diluted share.

8-KResults of Operations and Financial ConditionFiled Period of report Summary published (UTC)

Key points

AI summary
  1. PulteGroup said net income for the quarter ended September 30 of Q3 2025 was $586 million, or $2.96 per diluted share. Net income in the prior-year period was $698 million, or $3.35 per diluted share.

  2. The company said home sale revenues for Q3 were $4.2 billion, down 2% from $4.3 billion a year earlier. Closings fell 5% to 7,529 homes, the average sales price was $564,000, and the home sale gross margin was 26.2%, compared with 28.8% a year earlier.

  3. PulteGroup said net new orders for Q3 totaled 6,638 homes, with a value of $3.6 billion, down 6% from 7,031 homes a year earlier. Its backlog at the end of the quarter was 9,888 homes, with a value of $6.2 billion.

  4. The company said it repurchased 2.4 million common shares for $300 million in Q3, and 8.2 million shares for $900 million year to date through 2025 January–September. It ended the quarter with cash of $1.5 billion and a debt-to-capital ratio of 11.2%.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

PulteGroup Q3 2025 Net Income and Diluted EPS

PulteGroup said net income for the quarter ended September 30 of Q3 2025 was $586 million, or $2.96 per diluted share. Net income in the prior-year period was $698 million, or $3.35 per diluted share.

Source · Based on the filing body and exhibits

Home Sale Revenues and Gross Margin

The company said home sale revenues for Q3 were $4.2 billion, down 2% from $4.3 billion a year earlier. Closings fell 5% to 7,529 homes, the average sales price was $564,000, and the home sale gross margin was 26.2%, compared with 28.8% a year earlier.

Source · Based on the filing body and exhibits

Q3 Net New Orders and Backlog

PulteGroup said net new orders for Q3 totaled 6,638 homes, with a value of $3.6 billion, down 6% from 7,031 homes a year earlier. Its backlog at the end of the quarter was 9,888 homes, with a value of $6.2 billion.

Source · Based on the filing body and exhibits

Share Repurchases and Cash and Debt-to-Capital

The company said it repurchased 2.4 million common shares for $300 million in Q3, and 8.2 million shares for $900 million year to date through 2025 January–September. It ended the quarter with cash of $1.5 billion and a debt-to-capital ratio of 11.2%.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.