Business Summary: PulteGroup, Inc. is a homebuilder in the United States. The Company's segments include Homebuilding and Financial Services. Its Homebuilding operations involve acquisition and development of land primarily for residential purposes within the United States and the construction of housing on such land. Its financial services business segment includes mortgage banking, title, and insurance agency operations, through Pulte Mortgage LLC (Pulte Mortgage) and other subsidiaries. Pulte Mortgage arranges financing through the origination of mortgage loans primarily for the benefit of its homebuyers. Its Homebuilding operations are aggregated into six segments: Northeast, Southeast, Florida, Midwest, Texas and West. The Company, through its brand portfolio that includes Centex, Pulte Homes, Del Webb, DiVosta Homes, American West and John Wieland Homes and Neighborhoods, offers a variety of home designs with varying levels of options and amenities to its customer groups.
Financial Summary: BRIEF: For the three months ended 31 March 2025, Pultegroup Inc revenues decreased 1% to $3.89B. Net income decreased 21% to $522.8M. Revenues reflect Florida segment decrease of 16% to $980.5M, Texas segment decrease of 23% to $412.4M. Net income also reflects Equity in earnings decrease of 99% to $502K (income), Selling/General/Admin. Expense increase of 10% to $393.3M (expense). Dividend per share decreased from $0.42 to $0.22.