PulteGroup, Inc. is one of the largest homebuilders in the United States, primarily engaged in homebuilding operations, which account for the majority of its revenue . The company operates across 46 markets in 26 states, offering a diverse range of home designs through its brands, including Centex, Pulte Homes, Del Webb, DiVosta Homes, John Wieland Homes and Neighborhoods, and American West . PulteGroup predominantly sells single-family detached homes, with sales prices ranging from approximately $150,000 to over $2,500,000 . In addition to homebuilding, PulteGroup conducts financial services operations, including mortgage banking, title, and insurance agency services, through Pulte Mortgage and other subsidiaries .
- Homebuilding - Engages in the construction and sale of single-family detached homes across various markets, catering to first-time, move-up, and active adult buyers through multiple brands.
- Centex - Offers affordable homes for first-time buyers.
- Pulte Homes - Provides a range of home designs for move-up buyers.
- Del Webb - Specializes in homes for active adult communities.
- DiVosta Homes - Focuses on high-quality homes in select markets.
- John Wieland Homes and Neighborhoods - Delivers luxury homes and neighborhoods.
- American West - Builds homes in the Las Vegas area with a focus on innovative designs.
- Financial Services - Provides mortgage banking, title, and insurance agency services primarily to support homebuyers purchasing PulteGroup homes.
You might also like
| Name | Position | External Roles | Short Bio | |
|---|---|---|---|---|
Ryan R. Marshall ExecutiveBoard | President and Chief Executive Officer | Board Member at Floor & Decor Holdings, Inc. | CEO since 2016, with extensive experience in homebuilding operations, marketing, and finance. | View Report → |
Brien P. O'Meara Executive | Vice President and Controller (Principal Accounting Officer) | None | Controller since 2017, designated Principal Accounting Officer in 2020. | |
James L. Ossowski Executive | Executive Vice President and CFO | None | CFO since February 2025, with 22 years at PHM in various financial leadership roles, including SVP of Finance and Corporate Controller. | |
Kevin A. Henry Executive | Executive Vice President and Chief People Officer | None | Joined PHM in 2023, previously served as Chief People Officer at BlueLinx Corporation and Extended Stay America. | |
Matthew Koart Executive | Executive Vice President and COO | None | Rejoined PHM in 2023, previously held leadership roles at PHM from 1996 to 2008. Extensive experience in residential real estate development. | |
Robert T. O'Shaughnessy Executive | Executive Vice President and CFO (retiring) | None | CFO since 2011, overseeing financial strategy and operations. Transitioning toward retirement as of February 2025. | |
Todd N. Sheldon Executive | Executive Vice President, General Counsel, and Corporate Secretary | None | Oversees legal and corporate governance matters. | |
Andrè J. Hawaux Board | Board Member | Board Member at Lamb Weston Holdings, Inc. and Tractor Supply Company | Director since 2013, with experience in finance and operations leadership. | |
Brian P. Anderson Board | Board Member | Board Member at Stericycle, Inc. | Director since 2005, with extensive financial expertise as a former CFO of Baxter International and OfficeMax. | |
Bryce Blair Board | Board Member | Manager at Harborview Associates, LLC; Advisory Board Member at Navitas Capital and Boston College Center for Real Estate | Director since 2011, with significant experience in real estate and property management. | |
Cheryl W. Grisè Board | Board Member | Lead Director at MetLife, Inc.; Director at ICF International and Dollar Tree, Inc. | Director since 2008, with expertise in corporate governance and regulated industries. | |
J. Phillip Holloman Board | Board Member | Non-Executive Chair at Vestis Corporation; Board Member at BlackRock Fixed Income | Director since 2020, with expertise in operations, diversity, and risk management from his tenure at Cintas Corporation. | |
John R. Peshkin Board | Board Member | Founder and Managing Partner at Vanguard Land, LLC | Director since 2016, with extensive experience in real estate investment and development. | |
Kristen Actis-Grande Board | Board Member | EVP and CFO at MSC Industrial Direct Co., Inc. | Director since 2024, with expertise in finance and corporate strategy. | |
Lila Snyder Board | Board Member | CEO of Bose Corporation | Director since 2018, with leadership experience in technology and e-commerce sectors. | |
Scott F. Powers Board | Board Member | Board Member at ADP; Non-Executive Chairman at Sun Life Financial, Inc. | Director since 2016, with expertise in asset management and financial services. | |
Thomas J. Folliard Board | Non-Executive Chairman of the Board | Non-Executive Chairman at CarMax, Inc.; Trustee at Baron Investment Funds Trust and Baron Select Funds | Director since 2012, with extensive experience in retail and automotive industries. |
- Given your goal to increase land optioning to 70% over the next 3 to 3.5 years, what challenges do you anticipate in achieving this target, especially regarding land banking terms and potential interest rate fluctuations?
- With recent hurricanes causing operational delays due to power outages and municipal slowdowns, how are you adjusting your investment and operational strategies in Florida and other high-risk regions to mitigate future disruptions?
- You mentioned balancing the desire to maximize profitability while efficiently turning land assets without being "margin proud"; how are you navigating this balance in the current competitive market without compromising long-term returns?
- As you increase speculative building and expect cycle times to improve, how will this impact your backlog conversion rates, and what risks do you foresee with relying more on spec homes that sell and close within the same quarter?
- Considering your net debt-to-capital ratio is at a low 1.4% and you view leverage as an outcome rather than a driver, under what circumstances would you consider increasing leverage to support growth or shareholder returns, especially as land banking frees up more cash?
Research analysts who have asked questions during PULTEGROUP INC/MI/ earnings calls.
John Lovallo
UBS Group AG
4 questions for PHM
Matthew Bouley
Barclays PLC
4 questions for PHM
Michael Rehaut
JPMorgan Chase & Co.
4 questions for PHM
Stephen Kim
Evercore ISI
4 questions for PHM
Alan Ratner
Zelman & Associates
3 questions for PHM
Carl Reichardt
BTIG, LLC
3 questions for PHM
Anthony Pettinari
Citigroup Inc.
2 questions for PHM
Kenneth Zener
Seaport Research Partners
2 questions for PHM
Michael Dahl
RBC Capital Markets
2 questions for PHM
Rafe Jadrosich
Bank of America
2 questions for PHM
Trevor Allinson
Wolfe Research, LLC
2 questions for PHM
Buck Horne
Raymond James Financial, Inc.
1 question for PHM
Christopher Kalata
RBC Capital Markets
1 question for PHM
Ivy Zelman
Zelman & Associates
1 question for PHM
Jay McCanless
Wedbush Securities
1 question for PHM
Mike Dahl
RBC Capital Markets
1 question for PHM
Paul Przybylski
Wolfe Research, LLC
1 question for PHM
Richard Reid
Wells Fargo & Company
1 question for PHM
Sam Reid
Wells Fargo
1 question for PHM
Susan Maklari
Goldman Sachs Group Inc.
1 question for PHM
Recent press releases and 8-K filings for PHM.
- Nvidia shares fell for four consecutive days, erasing $286 billion in market cap and sliding below the 50-day moving average amid seasonal weakness and rising yields.
- Macy’s reported slight same-store sales growth and Q2 earnings that beat analyst estimates, suggesting consumer spending pressures are not derailing profitability.
- Global bond yields are climbing, with the US 30-year Treasury nearing 5%, the UK 30-year at 5.75%, and Japan’s long-dated yields at multidecade highs, intensifying volatility for equities.
- PulteGroup filed an 8-K on June 3, 2025 reporting the elimination of its Series A Junior Participating Preferred Shares, effective June 2, 2025.
- The filing confirms that no Series A Preferred Shares are outstanding and removes them from the company's Restated Articles of Incorporation.
- The document includes a Certificate of Elimination (Exhibit 3.1) and was signed by Executive Vice President, General Counsel and Corporate Secretary Todd N. Sheldon.
- PulteGroup delivered Q1 2025 net income of $523 million with EPS of $2.57 after adjusting for non-recurring items
- Home sale revenues reached $3.7B with 6,583 homes closed and an increased average sales price of $570K
- The company secured 7,765 net new orders and maintains a backlog of 11,335 homes valued at $7.2B
- Management provided updated guidance, expecting 7,400-7,800 Q2 closings and a full-year target of 29,000-30,000 homes amid evolving market conditions
- Executed a $300M share repurchase by buying back 2.8 million shares
- Ended Q1 with a robust balance sheet, holding $1.3B in cash and a debt-to-capital ratio of 11.7%
- Continued focus on high-return buyer segments, strategic reduction of spec inventory, and managing escalating costs including tariff impacts of 1% on average selling price