---
schema_version: "secwatch.filing_event.v1"
accession: "0000822416-26-000041"
form_type: "8-K"
ticker: "PHM"
cik: "0000822416"
company_name: "PULTEGROUP INC/MI/"
filed_at: "2026-10-22T11:28:08+00:00"
generated_at: "2026-10-22T11:30:20.746963+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# PulteGroup Q3 2026 EPS falls to $2.53 as closings and orders decline

## Summary
- Net income was $476 million, or $2.53 per share, versus $586 million, or $2.96 per share, in the prior-year quarter.
- Home sale revenues fell 9% to $3.9 billion on 6,876 closings; average selling price was $561,000 and gross margin was 24.8%, including $26 million of impairments.
- Net new orders totaled 6,208 homes, down 6% from 6,638, with order value of $3.5 billion; backlog rose 4% to 10,298 homes valued at $6.4 billion.
- PulteGroup repurchased 2.8 million shares for $350 million at an average $124.70; it ended with $1.4 billion cash and a 12% debt-to-capital ratio.
- CEO Ryan Marshall cited rising mortgage rates, inflation and global unrest; mortgage capture rate was 85%, up from 84%.

## SEC filing metadata
- accession: 0000822416-26-000041
- form_type: 8-K
- ticker: PHM
- cik: 0000822416
- company_name: PULTEGROUP INC/MI/
- filed_at: 2026-10-22T11:28:08+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/822416/000082241626000041/0000822416-26-000041-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/822416/000082241626000041/phm-20261022.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000822416-26-000041
- JSON: https://secwatch.observer/filing/0000822416-26-000041.json
- Plain text: https://secwatch.observer/filing/0000822416-26-000041.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.