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| Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | $3,192 | $13,927 | $16,229 | $16,062 | $17,947 |
| Gross Profit | N/A | N/A | N/A | N/A | N/A |
| Operating Income | N/A | N/A | N/A | N/A | N/A |
| Net Income | $1,407 | $1,946 | $2,617 | $2,602 | $3,083 |
Over the past five years, PulteGroup, Inc. has experienced notable fluctuations in its revenue and net income, while gross profit and operating income data remain unreported. In 2020, the company generated around $3.19 billion in revenue with a net income of $1.41 billion, reflecting a high net margin. However, a significant change is observed in 2021 when revenue nearly quadrupled to $13.93 billion, although net income increased by only about 38% to $1.95 billion. This sharp revenue rise in 2021 may point to an expansive effort or improvements in market positioning, albeit with some margin compression compared to the previous year. The year-over-year revenue jump of more than 300% from 2020 to 2021 qualifies as a significant swing, suggesting that unique market conditions or strategic shifts could have driven this change. From 2021 onward, revenue continued to grow at a more moderate pace—approximately 16.5% to $16.23 billion in 2022—and stabilized in 2023 with a slight decline to $16.06 billion, before rebounding in 2024 with an approximate 12% increase to $17.95 billion. Net income followed a generally upward trajectory, rising to $2.62 billion in 2022, holding steady in 2023, and then improving to $3.08 billion in 2024, with the latter period reflecting an improved profit margin. This consistent upward trend in net income, despite the volatility surrounding revenue spikes, suggests effective cost management amid market fluctuations. Overall, the data-driven performance indicates that PulteGroup remains financially healthy and appears well-equipped to sustain operations within the cyclical nature of the homebuilding industry.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.