Pultegroup inc/mi/ (PHM)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Sep'09Jun'09
Revenues:
Revenues

2,294

3,016

2,710

2,488

1,996

2,999

2,649

2,569

1,970

2,794

2,131

2,021

1,629

2,501

1,942

1,799

1,432

2,061

1,506

1,280

1,133

1,822

1,594

1,286

1,118

1,655

1,582

1,279

1,162

1,566

1,302

1,069

881

1,262

1,141

927

805

1,185

1,057

1,305

1,020

1,091

678

Selling, general, and administrative expenses

263

261

270

259

252

292

252

226

240

201

237

216

236

207

250

256

242

343

159

130

161

339

147

229

144

149

138

150

129

141

125

124

123

117

121

138

142

150

425

157

161

221

122

Goodwill impairment

20

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other income (expense), net

-2

-3

-5

-3

-0

-7

-3

-1

-1

-3

-6

-17

-5

-14

-23

-12

-5

6

-21

-3

0

-1

-2

-9

-13

3

-17

-57

-4

-41

-7

-10

-6

-18

-259

-11

-3

-68

-672

-9

8

-89

23

Interest income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

1

1

-

1

1

1

1

1

1

1

1

1

1

1

1

2

2

2

1

2

Interest expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

1

0

0

0

Equity in earnings of unconsolidated entities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

1

5

-

0

0

-0

0

0

1

1

1

-0

1

1

1

-3

5

-0

-4

-2

Income before income taxes

263

435

366

320

216

329

384

409

224

408

268

122

139

413

212

189

118

373

179

167

95

267

224

67

130

232

174

38

82

51

105

39

-13

-9

-202

-53

-45

-190

-1,023

-5

-14

-358

-186

Income tax expense

60

100

93

79

49

91

95

85

53

331

90

21

47

140

83

71

34

145

71

64

40

50

84

25

55

12

-2,107

1

0

-7

-10

-2

-1

-22

-73

2

-5

-25

-28

-82

-2

2

2

Net income

203

335

273

241

166

237

289

324

170

77

177

100

91

273

128

117

83

228

107

103

54

217

140

41

74

220

2,281

36

81

58

116

42

-11

13

-129

-55

-39

-165

-995

76

-12

-361

-189

Per share:
Basic earnings (usd per share)

0.75

1.23

0.99

0.86

0.59

0.84

1.01

1.12

0.59

0.25

0.59

0.32

0.29

0.81

0.37

0.34

0.24

0.64

0.31

0.28

0.15

0.60

0.37

0.11

0.19

0.57

5.92

0.09

0.21

0.15

0.31

0.11

-0.03

0.04

-0.34

-0.15

-0.10

-0.44

-2.63

0.20

-0.03

-1.15

-0.74

Diluted earnings (usd per share)

0.74

1.22

0.99

0.86

0.59

0.84

1.01

1.12

0.59

0.26

0.58

0.32

0.28

0.80

0.37

0.34

0.24

0.63

0.30

0.28

0.15

0.59

0.37

0.11

0.19

0.55

5.87

0.09

0.21

0.16

0.30

0.11

-0.03

0.04

-0.34

-0.15

-0.10

-0.44

-2.63

0.20

-0.03

-1.15

-0.74

Cash dividends declared (usd per share)

0.12

0.12

0.11

0.11

0.11

0.11

0.09

0.09

0.09

0.09

0.09

0.09

0.09

0.09

0.09

0.09

0.09

0.09

0.08

0.08

0.08

0.08

0.05

0.05

0.05

0.05

0.10

0.00

0.00

-

0.00

-

-

-

-

-

-

-

0.00

-

0.00

-

0.00

Number of shares used in calculation:
Basic shares outstanding (shares)

270

270

272

276

277

278

283

285

286

291

298

312

317

325

340

345

347

348

350

361

366

347

373

376

383

379

382

385

384

-

-

380

380

380

380

379

379

379

378

378

377

0

254

Effect of dilutive securities (shares)

1

0

0

0

1

1

1

1

1

1

1

1

2

1

2

2

2

3

3

3

3

3

3

3

3

0

3

5

6

-

-

1

0

-

0

0

-

-

-

-

-

0

-

Diluted shares outstanding (shares)

271

271

273

277

278

280

284

286

288

293

300

313

320

327

342

347

350

351

353

364

370

351

377

379

387

379

386

391

390

-

-

382

380

380

380

379

379

377

378

380

377

0

254

Home sale
Revenues

2,221

2,925

2,637

2,403

1,949

2,884

2,572

2,450

1,911

2,717

2,055

1,965

1,585

2,423

1,881

1,751

1,394

1,997

1,464

1,243

1,088

1,776

1,551

1,246

1,088

1,612

1,491

1,219

1,099

1,481

1,232

1,024

813

1,167

1,101

899

782

1,155

1,024

1,262

976

1,053

653

Cost of revenues

1,694

2,259

2,028

1,848

1,492

2,264

1,954

1,862

1,459

2,128

1,564

1,549

1,217

1,821

1,417

1,310

1,038

1,322

1,118

953

841

1,173

1,195

952

828

1,238

1,180

990

901

1,228

1,023

869

712

1,021

947

789

685

1,099

952

1,104

850

1,080

724

Income before income taxes

244

-

333

295

204

-

365

388

210

-

250

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Land sale and other
Revenues

18

21

8

29

2

59

25

66

12

21

28

8

2

23

13

4

2

20

3

6

17

9

10

8

5

12

55

20

26

36

22

8

38

63

12

5

1

2

5

6

12

3

4

Cost of revenues

15

20

7

26

2

54

22

38

11

18

25

87

3

14

11

4

2

13

3

5

13

8

3

6

5

11

49

20

22

32

21

7

33

57

-2

3

0

37

4

2

8

12

11

Total Homebuilding
Revenues

2,240

2,947

2,645

2,433

1,952

2,944

2,597

2,516

1,924

2,738

2,084

1,974

1,588

2,446

1,894

1,756

1,396

2,018

1,467

1,249

1,105

1,786

1,561

1,254

1,093

1,624

1,547

1,240

1,125

1,518

1,255

1,033

852

1,230

1,114

904

783

1,157

1,030

1,269

989

1,056

657

Financial services expenses

1,709

2,279

2,035

1,874

1,494

2,319

1,976

1,900

1,471

2,147

1,589

1,637

1,220

1,835

1,429

1,314

1,040

1,336

1,122

958

854

1,181

1,198

959

833

1,249

1,230

1,011

923

1,261

1,044

876

745

1,079

944

793

685

1,136

957

1,107

859

1,092

736

Financial Services
Revenues

54

69

64

55

43

55

51

52

45

56

46

47

41

54

48

43

35

43

38

30

27

36

33

31

24

30

34

39

36

48

47

36

28

31

27

22

21

27

27

36

30

34

20

Financial services expenses

34

35

32

30

31

50

32

32

32

33

29

28

28

29

26

26

26

14

24

20

22

22

22

22

3

23

23

23

22

72

20

20

22

58

19

39

20

22

23

44

25

42

30