PulteGroup (PulteGroup) Retained Earnings

: $7,013 Mil (As of Dec. 2023)

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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. PulteGroup's retained earnings for the quarter that ended in Dec. 2023 was $7,013 Mil.

PulteGroup's quarterly retained earnings increased from Jun. 2023 ($6,349 Mil) to Sep. 2023 ($6,649 Mil) and increased from Sep. 2023 ($6,649 Mil) to Dec. 2023 ($7,013 Mil).

PulteGroup's annual retained earnings increased from Dec. 2021 ($4,196 Mil) to Dec. 2022 ($5,582 Mil) and increased from Dec. 2022 ($5,582 Mil) to Dec. 2023 ($7,013 Mil).

PulteGroup Retained Earnings Historical Data

The historical data trend for PulteGroup's Retained Earnings 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

Retained Earnings

2,220.57

3,306.06

4,196.28

5,581.70

7,012.72

PulteGroup Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Retained Earnings																5,581.70	5,916.57	6,348.51	6,649.28	7,012.72

PulteGroup Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

PulteGroup (NYSE:PHM) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

PulteGroup (PulteGroup) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » PulteGroup Inc (NYSE:PHM) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

PHM:Mexico PU7:Germany PU7:Germany P1HM34:Brazil

Address

3350 Peachtree Road NE, Suite 1500, Atlanta, GA, USA, 30326

Website

https://www.pultegroupinc.com

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