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PulteGroup (PulteGroup) Debt-to-Equity : 0.23 (As of Mar. 2024)


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What is PulteGroup Debt-to-Equity?

PulteGroup's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0 Mil. PulteGroup's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $2,491 Mil. PulteGroup's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $10,762 Mil. PulteGroup's debt to equity for the quarter that ended in Mar. 2024 was 0.23.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for PulteGroup's Debt-to-Equity or its related term are showing as below:

PHM' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.23   Med: 0.49   Max: 0.83
Current: 0.23

During the past 13 years, the highest Debt-to-Equity Ratio of PulteGroup was 0.83. The lowest was 0.23. And the median was 0.49.

PHM's Debt-to-Equity is ranked better than
70.1% of 97 companies
in the Homebuilding & Construction industry
Industry Median: 0.56 vs PHM: 0.23

PulteGroup Debt-to-Equity Historical Data

The historical data trend for PulteGroup's Debt-to-Equity 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 Debt-to-Equity Chart

PulteGroup Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.58 0.50 0.37 0.31 0.25

PulteGroup Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Equity Get a 7-Day Free Trial 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 0.26 0.24 0.24 0.25 0.23

Competitive Comparison of PulteGroup's Debt-to-Equity

For the Residential Construction subindustry, PulteGroup's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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's Debt-to-Equity Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, PulteGroup's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where PulteGroup's Debt-to-Equity falls into.



PulteGroup Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PulteGroup's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

PulteGroup's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

* 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.


PulteGroup  (NYSE:PHM) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


PulteGroup Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of PulteGroup's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


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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