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22.10.26 - 12:33
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PulteGroup Reports Third Quarter 2026 Financial Results (Business Wire)
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Earnings of $2.53 Per Share
Closings of 6,876 Homes Generated Home Sale Revenues of $3.9 Billion
Home Sale Gross Margin of 24.8%
Net New Orders Totaled 6,208 Homes with a Value of $3.5 Billion
Unit Backlog Increased 4% to 10,298 Homes; Backlog Value Increased 3% to $6.4 Billion
Repurchased $350 Million of Common Shares in the Quarter
ATLANTA--(BUSINESS WIRE)--PulteGroup, Inc. (NYSE: PHM) announced today financial results for its third quarter ended September 30, 2026. For the quarter, the Company reported net income of $476 million, or $2.53 per share. In the prior year period, the Company reported net income of $586 million, or $2.96 per share.
“With homebuying demand increasingly pressured by rising mortgage rates, widespread inflation, and global unrest, we continue to benefit from our diversified operating platform and consistent strategies for delivering superior returns over the housing cycle,” said PulteGroup President and CEO, Ryan Marshall. “With more than 60% of our business now comprised ...
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