PulteGroup (PHM) slips on Q4 revenue, margin miss

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PulteGroup Reports Fourth Quarter 2023 Financial Results

January 30, 2024 6:30 AM EST

Net Income of $3.28 Per Share Net New Orders Increased 57% to 6,214 Homes Closings of 7,615 Homes Drove Home Sale Revenues of $4.2 Billion Home Sale Gross Margin of 28.9% Unit Backlog of 12,146 Homes with a Value of $7.3 Billion Repurchased 3.6 Million Common Shares in the Quarter for $300 Million Year End Cash Balance of $1.8 Billion and a Debt-to-Capital Ratio of 15.9% Announces $1.5 Billion Increase to Share Repurchase Authorization

ATLANTA--(BUSINESS WIRE)-- PulteGroup, Inc. (NYSE: PHM) announced today... More