PulteGroup reports Q4 EPS $3.28; net new orders +57%; authorizes $1.5B buyback

PULTEGROUP INC/MI/

2023-FY EPS reported $11.72 revenue$16,061,578,000

Net income $711M ($3.28/diluted) vs $882M ($3.85) prior year; full-year EPS $11.72.
Home sale revenues $4.2B on 7,615 closings (avg price $547K); gross margin 28.9%.
Net new orders 6,214 homes (+57% YoY); backlog 12,146 homes valued at $7.3B.
Repurchased 3.6M shares for $300M in Q4; full-year 13.8M shares for $1.0B.
Board approved $1.5B increase to share repurchase authorization, now totaling $1.8B.

item 2.02 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 1.0

PULTEGROUP INC/MI/ reported fourth quarter ended December 31, 2023 results: revenue $4.2 billion, net income $711 million, or $3.28 per share, EPS $3.28 per share.

Period: fourth quarter ended December 31, 2023
Revenue: $4.2 billion
Net income: $711 million, or $3.28 per share
EPS: $3.28 per share
Result: reported results

Exact text from the filing

REPORTS FOURTH QUARTER 2023 FINANCIAL RESULTS • Net Income of $3.28 Per Share • Net New Orders Increased 57% to 6,214 Homes • Closings of 7,615 Homes Drove Home Sale Revenues of $4.2 Billion • Home Sale Gross Margin of 28.9% • Unit Backlog of 12,146 Homes with a Value of $7.3 Billion • Repurchased 3.6 Million Common Shares in the Quarter for $300 Million • Year End

View on SEC.gov

Browse all earnings releases →

PULTEGROUP INC/MI/ filing history →

Source: SEC EDGAR

accession 0000822416-24-000003

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.