earnings
confidence high
sentiment negative
materiality 0.75
PulteGroup Q2 EPS $3.03, down 21% YoY; closings fall 6%, new orders down 7%
PULTEGROUP INC/MI/
2025-Q2 EPS reported
$5.60
revenue$8,296,406,000
- Net income $608M ($3.03 per share) vs $809M ($3.83) in Q2 2024; prior year included $52M insurance benefit.
- Home sale revenues $4.3B (-4% YoY); closings 7,639 homes (-6%); average price $559,000 (+2%).
- Home sale gross margin 27.0% vs 29.9% last year; SG&A 9.1% of revenues.
- Net new orders 7,083 homes (-7%); backlog 10,779 homes valued at $6.8B.
- Repurchased $300M of shares in Q2; cash $1.3B; debt-to-capital 11.4%.