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PulteGroup (PulteGroup) Effective Interest Rate on Debt %

: 0.02% (As of Dec. 2023)
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Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. PulteGroup's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $0 Mil. PulteGroup's average total debt for the quarter that ended in Dec. 2023 was $2,480 Mil. Therefore, PulteGroup's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 0.02%.


PulteGroup Effective Interest Rate on Debt % Historical Data

The historical data trend for PulteGroup's Effective Interest Rate on Debt % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

PulteGroup Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 0.13 0.02 0.01 0.02

PulteGroup Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Effective Interest Rate on Debt % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 0.02 0.02 0.02 0.02

Competitive Comparison

For the Residential Construction subindustry, PulteGroup's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


PulteGroup Effective Interest Rate on Debt % Distribution

For the Homebuilding & Construction industry and Consumer Cyclical sector, PulteGroup's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where PulteGroup's Effective Interest Rate on Debt % falls into.



PulteGroup Effective Interest Rate on Debt % Calculation

PulteGroup's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2022 )+Total Debt  (A: Dec. 2023 ))/ count )
=-1  *  -0.469/( (2722.321+2553.399)/ 2 )
=-1  *  -0.469/2637.86
=0.02 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2722.321 + 0
=2722.321

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2553.399 + 0
=2553.399

PulteGroup's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -0.488/( (2406.771+2553.399)/ 2 )
=-1  *  -0.488/2480.085
=0.02 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2406.771 + 0
=2406.771

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2553.399 + 0
=2553.399

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


PulteGroup  (NYSE:PHM) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


PulteGroup Effective Interest Rate on Debt % Related Terms

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PulteGroup (PulteGroup) Business Description

Traded in Other Exchanges
Address
3350 Peachtree Road NE, Suite 1500, Atlanta, GA, USA, 30326
PulteGroup Inc is one of the largest homebuilders in the United States, operating in 42 markets across 24 states. The company mainly builds single-family detached homes (85% of unit sales) and offers products to entry-level, move-up, and active-adult buyers. PulteGroup offers homebuyers mortgage financing and title agency services through its financial services segment. The company is headquartered in Atlanta.
Executives
Lila Snyder director 3001, SUMMER STREET, STAMFORD CT 06926
Kevin A Henry officer: EVP and Chief People Officer 13024 BALLANTYNE CORPORATE PLACE, HARRIS BUILDING, SUITE 900, CHARLOTTE NC 28277
Matthew William Koart officer: Exec. VP & COO 3350 PEACHTREE ROAD NE, SUITE 1500, ATLANTA GA 30326
Robert Oshaughnessy officer: Exec. VP & CFO 2555 TELEGRAPH RD., BLOOMFIELD HILLS MI 48302
Brian P Anderson director C/O PULTE HOMES, INC., 100 BLOOMFIELD HILLS PKWY #300, BLOOMFIELD HILLS MI 48304
Ryan Marshall officer: Area President 24311 WALDEN CENTER DR, STE 300, BONITA SPRINGS FL 34134
John James Chadwick officer: Area President 3350 PEACHTREE ROAD NORTHEAST, SUITE 150, ATLANTA GA 30326
Brien P. O'meara officer: Vice President & Controller 3350 PEACHTREE ROAD, N.E., SUITE 150, ATLANTA GA 30326
James Phillip Holloman director P.O. BOX 625737, 6800 CINTAS BOULEVARD, CINCINNATI OH 45262
Todd N Sheldon officer: EVP, Gen Counsel, Corp Sec'y 3350 PEACHTREE ROAD NORTHEAST, SUITE 150, ATLANTA GA 30326
Stephen P Schlageter other: Area President 3350 PEACHTREE ROAD NORTHEAST, SUITE 150, ATLANTA GA 30326
Bill Pulte director 321 N. CLARK STREET, SUITE #500, CHICAGO IL 60654
Bryce Blair director
James L Ossowski officer: VP Finance & Controller 100 BLOOMFIELD HILLS PKWY, STE 300, BLOOMFIELD HILLS MI 48304
Michelle H. Hairston officer: Senior Vice President - HR 2308 WEST MORELAND STREET, FALLS CHURCH VA 22046

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