secwatch.observer — SEC 8-K summary
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Issuer:     PULTEGROUP INC/MI/ (PHM)
CIK:        0000822416
Form:       8-K
Filed at:   2025-07-22T23:59:59+00:00
Accession:  0000822416-25-000049
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PulteGroup Q2 EPS $3.03, down 21% YoY; closings fall 6%, new orders down 7%
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- 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%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/822416/000082241625000049/0000822416-25-000049-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/822416/000082241625000049/phm-20250722.htm
  HTML page:      https://secwatch.observer/filing/0000822416-25-000049

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