← PULTEGROUP INC/MI/
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income (Loss) Attributable to Parent | $602.7m | $447.2m | $1.0b | $1.0b | $1.4b | $1.9b | $2.6b | $2.6b | $3.1b | $2.2b | |
| Net Income (Loss) Available to Common Stockholders, Basic | $598.0m | $442.6m | $1.0b | $1.0b | $1.4b | $1.9b | $2.6b | $2.6b | $3.1b | $2.2b | |
| Depreciation and amortization | $54.0m | $51.0m | $49.4m | $54.0m | $66.1m | $70.0m | $70.9m | $80.8m | $89.2m | $112.5m | |
| Amortization of Intangible Assets | $13.8m | $13.8m | $13.8m | $14.2m | $19.7m | $16.5m | $11.1m | $10.5m | $10.0m | $20.1m | |
| Depreciation | $40.2m | $37.2m | $35.6m | $39.8m | $46.4m | $53.5m | $59.8m | $70.3m | $79.1m | $92.4m | |
| Deferred Income Tax Expense (Benefit) | $334.8m | $422.3m | $362.8m | $105.4m | $137.6m | $59.2m | $106.6m | $104.3m | $151.1m | $10.8m | |
| Share-based Payment Arrangement, Noncash Expense | $22.2m | $33.7m | $28.3m | $28.4m | $32.8m | $36.7m | $43.0m | $48.2m | $54.7m | $54.8m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | — | $11.4m | $14.9m | $10.8m | $14.3m | $12.0m | $18.6m | $24.3m | |
| Goodwill, Impairment Loss | — | — | — | — | $20.2m | $0 | $0 | — | — | $28.6m | |
| Gain (Loss) on Extinguishment of Debt | ($657k) | $0 | $0 | ($4.9m) | $0 | ($61.5m) | $0 | $663k | ($222k) | $0 | |
| Income (Loss) from Equity Method Investments | $8.3m | ($2.0m) | $2.7m | $747k | $1.9m | $17.2m | $50.7m | $4.6m | $44.2m | $4.1m | |
| Income Tax Expense (Benefit) | $331.1m | $491.6m | $325.5m | $322.9m | $321.9m | $563.5m | $822.2m | $846.9m | $922.6m | $692.6m | |
| Other Nonoperating Income (Expense) | ($48.8m) | ($28.0m) | ($13.8m) | ($13.5m) | ($17.8m) | ($2.4m) | — | — | — | — | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Inventories | $897.1m | $569.0m | $50.4m | $237.7m | ($3.0m) | $1.3b | $2.3b | $354.0m | $787.5m | $213.4m | |
| Fair Value, Option, Changes in Fair Value, Gain (Loss) | $2.8m | ($2.2m) | $700k | ($600k) | ($1.2m) | — | — | — | — | — | |
| Gain (Loss) on Sale of Mortgage Loans | $109.6m | $110.9m | $111.3m | $129.4m | $247.3m | $251.3m | $157.3m | $149.8m | $235.1m | $227.9m | |
| Gain (Loss) on Sale of Properties | — | — | — | — | — | — | $49.1m | — | — | — | |
| Goodwill | — | — | — | — | — | — | — | $68.9m | $68.9m | $40.4m | |
| Nonoperating Income (Expense) | — | — | — | — | — | — | ($13.7m) | $37.2m | $61.7m | ($91.5m) | |
| Proceeds from Contributions from Parent | $0 | $0 | $0 | $0 | — | — | — | — | — | — | |
| Other Operating Income (Expense), Net | — | — | — | — | — | — | — | $37.2m | $61.7m | ($91.5m) | |
| Net Cash Provided by (Used in) Operating Activities | $68.3m | $663.1m | $1.4b | $1.1b | $1.8b | $1.0b | $668.5m | $2.2b | $1.7b | $1.9b | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $39.3m | $32.1m | $59.0m | $58.1m | $58.4m | $72.8m | $112.7m | $92.2m | $118.5m | $122.7m | |
| Payments for (Proceeds from) Other Investing Activities | ($13.1m) | ($4.8m) | ($18.1m) | ($5.1m) | ($6.5m) | ($6.7m) | $5.7m | $16.8m | ($30.9m) | $5.7m | |
| Net Cash Provided by (Used in) Investing Activities | ($471.2m) | ($50.2m) | ($41.9m) | ($226.2m) | ($107.9m) | ($124.1m) | ($171.7m) | ($129.1m) | ($94.5m) | ($80.4m) | |
| Cash flows from financing activities: | |||||||||||
| Proceeds from Issuance of Long-term Debt | $2.0b | $0 | — | — | — | — | — | — | — | — | |
| Repayments of Long-term Debt | $986.9m | $134.7m | $82.8m | $310.0m | $65.3m | $836.9m | $4.9m | $123.3m | $355.8m | $24.5m | |
| Proceeds from Issuance of Common Stock | $5.8m | $27.7m | $6.6m | $6.4m | $111k | $11k | $0 | $0 | — | — | |
| Payments for Repurchase of Common Stock | $603.2m | $916.3m | $302.5m | $274.3m | $170.7m | $897.3m | $1.1b | $1.0b | $1.2b | $1.2b | |
| Dividends paid | $124.7m | $112.7m | $104.0m | $122.3m | $130.2m | $147.8m | $144.1m | $142.5m | $167.7m | $176.7m | |
| Dividends Payable | $29.1m | — | — | — | — | — | $36.7m | $43.9m | $47.4m | $53.6m | |
| Net Cash Provided by (Used in) Financing Activities | $350.7m | ($1.0b) | ($580.3m) | ($733.6m) | ($295.6m) | ($1.7b) | ($1.2b) | ($1.3b) | ($1.8b) | ($1.4b) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $775.4m | $306.2m | $1.1b | $1.3b | $2.6b | $1.8b | $1.1b | $1.8b | $1.7b | $2.0b | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | ($26.5m) | ($942k) | $557k | $5.6m | $3.1m | $10.9m | $1.8m | $10.8m | $26.1m | $17.2m | |
| Income Taxes Paid, Net | $2.7m | $14.9m | $89.2m | $137.1m | $264.2m | $457.4m | $641.9m | $784.5m | $739.7m | $698.8m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.