secwatch.observer — SEC 8-K summary
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Issuer:     PULTEGROUP INC/MI/ (PHM)
CIK:        0000822416
Form:       8-K
Filed at:   2025-04-22T23:59:59+00:00
Accession:  0000822416-25-000030
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PulteGroup Q1 EPS $2.57 vs $3.10; revenue $3.7B down 2%; orders decline 7%
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- Net income of $523M ($2.57 per share) vs prior year $663M ($3.10) which included one-time gains.
- Home sale revenues $3.7B; gross margin 27.5% (down 210 bps YoY) on 6,583 closings.
- Net new orders 7,765 homes ($4.5B value) down from 8,379; average communities up 3% to 961.
- Repurchased $300M in shares; quarter-end cash $1.3B; debt-to-capital 11.7%.
- Backlog 11,335 homes ($7.2B); CEO cites affordability challenges but remains constructive on demand.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/822416/000082241625000030/0000822416-25-000030-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/822416/000082241625000030/phm-20250422.htm
  HTML page:      https://secwatch.observer/filing/0000822416-25-000030

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