PHM (PulteGroup) Net Margin %: 10.18% (As of Mar. 2026) — 20% Below Median


PHM PulteGroup Inc PHM
93 GF Score
Price $135.71
GF Value $118.14
Valuation Modestly Overvalued
! 4 Warning Signs
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What is PulteGroup Net Margin %?

PulteGroup PHM +7.24% 93 Net Margin % is 10.18% as of Mar. 2026, which is 20% below its 10-year median of 12.79. GuruFocus rates PHM with a GF Score™ of 93/100 and a GF Value™ of $118.14 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 91 Homebuilding & Construction companies, PulteGroup ranks better than 80.22% on this metric.

Net margin is calculated as Net Income divided by its Revenue. PulteGroup's Net Income for the three months ended in Mar. 2026 was $347 Mil. PulteGroup's Revenue for the three months ended in Mar. 2026 was $3,409 Mil. Therefore, PulteGroup's net margin for the quarter that ended in Mar. 2026 was 10.18%.

The historical rank and industry rank for PulteGroup's Net Margin % or its related term are showing as below:

PHM' s Net Margin % Range Over the Past 10 Years
Min: 5.21   Med: 12.79   Max: 17.18
Current: 12.14


PHM's Net Margin % is ranked better than
80.22% of 91 companies
in the Homebuilding & Construction industry
Industry Median: 4.73 vs PHM: 12.14

PulteGroup  (NYSE:PHM) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


PulteGroup Net Margin % Related Terms


PulteGroup Net Margin % Historical Data

* Premium members only.

The historical data trend for PulteGroup's Net Margin % 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.

PulteGroup Net Margin % Chart

PulteGroup Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.17 16.36 16.20 17.18 12.82

PulteGroup Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Margin % 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 13.43 13.82 13.30 10.88 10.18

PHM vs LEN, NVR, TOL: Net Margin % Comparison

For the Residential Construction subindustry, PulteGroup's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % vs Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, PulteGroup's Net Margin % distribution charts can be found below:

* The bar in red indicates where PulteGroup's Net Margin % falls into.


PHM
93GF Score
PulteGroup Inc PHM
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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PulteGroup Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

PulteGroup's Net Margin for the fiscal year that ended in Dec. 2025 is calculated as

Net Margin=Net Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=2218.73/17311.953
=12.82 %

PulteGroup's Net Margin for the quarter that ended in Mar. 2026 is calculated as

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=346.996/3408.572
=10.18 %

* 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.

Frequently Asked Questions Learn more about Net Margin % →
What does a Net Margin % of 10.18% mean?
PulteGroup (PHM) has a Net Margin % of 10.18% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on PulteGroup and its competitors. This is 20% below median its historical median of 12.79. Over the past decade, PulteGroup's Net Margin % has ranged from 5.21 to 17.18. According to the industry distribution chart, PulteGroup ranks #18 out of 91 companies in the Homebuilding & Construction industry, placing it in the top 19.8%.
Is PulteGroup's Net Margin % too high?
PulteGroup's current Net Margin % of 10.18% is 20% below median its 10-year median of 12.79. Over the past 10 years, this metric has ranged from a low of 5.21 to a high of 17.18. The Homebuilding & Construction industry median Net Margin % is 4.73. PulteGroup's value of 10.18% is 115.2% above this industry median. Based on the distribution chart, PulteGroup ranks #18 out of 91 companies in the Homebuilding & Construction industry, which is in the top quartile — a strong position relative to peers. Overall, PulteGroup has a GF Score™ of 93/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PulteGroup's Net Margin % compare to LEN and NVR?
According to the Homebuilding & Construction industry distribution chart, PulteGroup ranks #18 out of 91 companies for Net Margin %. This places PulteGroup in the top 20% of its industry — outperforming the majority of peers. The industry median Net Margin % is 4.73. PulteGroup's value of 10.18% is 115.2% above this benchmark. Historically, PulteGroup's own Net Margin % has ranged from 5.21 to 17.18 over the past decade. While the company's 10-year median is 12.79 vs. the industry median of 4.73, PulteGroup has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Homebuilding & Construction company?
The median Net Margin % among Homebuilding & Construction companies is 4.73, based on 91 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PulteGroup's current Net Margin % of 10.18% is 115.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on PulteGroup and its competitors. For the Homebuilding & Construction industry, the median Net Margin % is 4.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PulteGroup's current Net Margin % is 10.18%, which is 20% below median its own 10-year median of 12.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PulteGroup stock overvalued right now?
Based on GuruFocus' analysis, PulteGroup (PHM) is currently considered Modestly Overvalued. The stock's GF Value™ is $118.14, compared to a current price of $135.71 — trading 14.9% above its estimated fair value. The current Net Margin % is 10.18%, which is 20% below median its 10-year median of 12.79 and 115.2% above the Homebuilding & Construction industry median of 4.73. PulteGroup's overall GF Score™ is 93/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For PulteGroup (PHM), the current Net Margin % is 10.18% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is PulteGroup (PHM) Overvalued in 2026?

Based on GuruFocus' analysis, PulteGroup stock appears to be overvalued. The current stock price of $135.71 is trading 14.9% above its estimated GF Value™ of $118.14. GuruFocus considers PulteGroup to be Modestly Overvalued.

Key valuation signals for PHM:

  • Net Margin %: 10.18% (20% below median its 10-year median of 12.79)
  • GF Value™: $118.14 vs. price of $135.71 (14.9% above fair value)
  • GF Score™: 93/100 with 4 warning signs
  • Industry Position: 115.2% above the Homebuilding & Construction median (#18 of 91)

No single metric tells the full story. See the PHM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PulteGroup Business Description

Address 3350 Peachtree Road NE, Suite 1500, Atlanta, GA, USA, 30326
PulteGroup Inc is a homebuilder in the United States. The company mainly builds single-family detached homes and offers products to entry-level, move-up, and active-adult buyers. It also offers homebuyers mortgage financing, title, and insurance agency services through its financial services segment.
93GF Score

Get the complete analysis for PHM

Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$135.71
Price
$118.14
GF Value