---
schema_version: "secwatch.filing_event.v1"
accession: "0000822416-22-000048"
form_type: "8-K"
ticker: "PHM"
cik: "0000822416"
company_name: "PULTEGROUP INC/MI/"
filed_at: "2022-10-25T23:59:59+00:00"
generated_at: "2026-06-23T01:30:33.641672+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# PulteGroup Q3 EPS $2.69 (+48%), revenue $3.8B (+16%) but new orders down 28%; COO succession

## Summary
- Q3 EPS of $2.69 (+48% YoY); net income $628M; home sale revenues $3.8B (+16%).
- Homebuilding gross margin 30.1% (+360 bps); SG&A 9.1% of revenues (down from 9.6%).
- Net new orders 4,924 homes (-28% YoY); cancelation rate 24% (up from 10% prior year).
- Wrote off $24M in land deposits after terminating underperforming options; debt-to-capital 22.5%.
- COO John Chadwick to retire Apr 2023; Brandon Jones promoted to EVP/COO effective Jan 1, 2023.

## SEC filing metadata
- accession: 0000822416-22-000048
- form_type: 8-K
- ticker: PHM
- cik: 0000822416
- company_name: PULTEGROUP INC/MI/
- filed_at: 2022-10-25T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/822416/000082241622000048/0000822416-22-000048-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/822416/000082241622000048/phm-20221024.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000822416-22-000048
- JSON: https://secwatch.observer/filing/0000822416-22-000048.json
- Plain text: https://secwatch.observer/filing/0000822416-22-000048.txt

## Key facts
- Executive change
  Brandon Jones was appointed as Executive Vice President and Chief Operating Officer at PULTEGROUP INC/MI/.
  - Action: promoted
  - Role: Executive Vice President and Chief Operating Officer
  source text: Brandon Jones has been promoted to Executive Vice President and Chief Operating Officer, effective January 1, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/822416/000082241622000048/0000822416-22-000048-index.htm
- Executive change
  John J. Chadwick departed as Executive Vice President and Chief Operating Officer at PULTEGROUP INC/MI/.
  - Action: retire
  - Role: Executive Vice President and Chief Operating Officer
  source text: John J. Chadwick notified the Company that he intends to retire as Executive Vice President and Chief Operating Officer of the Company, with his last date of employment being April 21, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/822416/000082241622000048/0000822416-22-000048-index.htm
- Executive change
  John J. Chadwick changed role as Executive Vice President at PULTEGROUP INC/MI/.
  - Action: transitioned
  - Role: Executive Vice President
  source text: Effective January 1, 2023 through the date of his retirement, Mr. Chadwick will serve as Executive Vice President.
  evidence_url: https://www.sec.gov/Archives/edgar/data/822416/000082241622000048/0000822416-22-000048-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.