secwatch.observer — SEC 8-K summary
======================================

Issuer:     PULTEGROUP INC/MI/ (PHM)
CIK:        0000822416
Form:       8-K
Filed at:   2022-02-01T23:59:59+00:00
Accession:  0000822416-22-000003
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PulteGroup Q4 EPS $2.61 (+61%); authorizes $1.0B buyback increase
-----------------------------------------------------------------

- Q4 net income $663M ($2.61 EPS) vs $438M ($1.62) YoY; adjusted EPS $2.51 (+64%).
- Home sale revenues $4.2B (+38%) on 8,611 closings (+26%); gross margin 26.8% (+180 bps).
- Net new orders 6,769 homes (-4% YoY); backlog 18,003 homes valued at $9.9B (+45%).
- Board approved $1.0B increase to share repurchase authorization; $458M remained available.
- Debt-to-capital ratio 21.3% (down from 29.5%); new target range 20%-30% (was 30%-40%).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/822416/000082241622000003/0000822416-22-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/822416/000082241622000003/phm-20220131.htm
  HTML page:      https://secwatch.observer/filing/0000822416-22-000003

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer