PHM has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
PHM has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
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:
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.
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.
PulteGroup Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Debt-to-Equity | Get a 7-Day Free Trial | 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 | 0.26 | 0.24 | 0.24 | 0.25 | 0.23 |
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.
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.
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
Debt to Equity | = | Total Debt | / | Total Stockholders Equity | ||
= | (Short-Term Debt & Capital Lease Obligation | + | Long-Term Debt & Capital Lease Obligation) | / | Total Stockholders Equity | |
= | (0 | + | 2553.399) | / | 10383.257 | |
= | 0.25 |
PulteGroup's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as
Debt to Equity | = | Total Debt | / | Total Stockholders Equity | ||
= | (Short-Term Debt & Capital Lease Obligation | + | Long-Term Debt & Capital Lease Obligation) | / | Total Stockholders Equity | |
= | (0 | + | 2491.189) | / | 10761.953 | |
= | 0.23 |
* 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.
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.
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 |
From GuruFocus
By GuruFocus Research • 01-23-2024
By GuruFocus Research • 01-23-2024
By GuruFocus Research • 01-23-2024
By GuruFocus Research • 01-23-2024
By GuruFocus Research • 01-23-2024
By GuruFocus Research • 01-23-2024
By GuruFocus Research • 01-23-2024
By GuruFocus Research • 01-23-2024
By GuruFocus Research • 01-23-2024
By GuruFocus Research • 01-23-2024
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.