secwatch.observer — SEC 8-K summary
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Issuer:     PULTEGROUP INC/MI/ (PHM)
CIK:        0000822416
Form:       8-K
Filed at:   2023-10-24T23:59:59+00:00
Accession:  0000822416-23-000040
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PulteGroup Q3 EPS $2.90, up 8% YoY; net new orders surge 43% to 7,065
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- Net income $639M ($2.90/diluted share) vs $628M ($2.69) prior year; revenue $3.9B (+3%).
- Home sale gross margin 29.5% vs 30.5% prior year; SG&A 9.1% of revenues (9.2% prior).
- Net new orders 7,065 homes (+43%); backlog 13,547 homes worth $8.1B.
- Repurchased $300M common shares (3.8M shares at avg $79.84) and retired $65M senior notes.
- Debt-to-capital 16.5%; cash $1.9B; ROE 30.1%; mortgage capture rate 84% (77% prior).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/822416/000082241623000040/0000822416-23-000040-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/822416/000082241623000040/phm-20231024.htm
  HTML page:      https://secwatch.observer/filing/0000822416-23-000040

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