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Dec 31, 2024
PulteGroup Q4 2024 Earnings Report
PulteGroup reported strong Q4 2024 financial results, completing a record-setting year.
Key Takeaways
PulteGroup's Q4 2024 saw a 13% increase in home sale revenues to $4.7 billion, driven by a 6% increase in closings to 8,103 homes. Net income was reported at $913 million, or $4.43 per share, including a pre-tax insurance benefit of $255 million, or $0.93 per share. The company repurchased 2.5 million common shares for $320 million and announced a $1.5 billion increase to its share repurchase authorization.
Earnings per share were $4.43.
Closings increased 6% to 8,103 homes.
Home sale revenues increased 13% to $4.7 billion.
Unit backlog of 10,153 homes with a value of $6.5 billion.
PulteGroup
PulteGroup
PulteGroup Revenue by Segment
Revenue by Segment
Financial Services Revenue
CapyFin.com Forward Guidance
PulteGroup's operational changes, including targeted sales incentives and faster construction cycle times, have positioned the company well for the upcoming spring selling season.