Filing Flows › Pultegroup (PHM) › Q1 2025
Pultegroup (PHM) Q1 2025 earnings results (first quarter 2025)
10-Q filed Apr 22, 2025
Pultegroup (PHM) reported revenue of $3.9B for the first quarter 2025 (Q1 2025), -1% from a year earlier and -21% from the quarter before. Operating margin was 17.5%, net earnings $523M (13.4% of revenue).
Pultegroup, Q1 2025: revenue $3.9B (-1% year over year), operating margin 17.5%, net earnings $523M, operating cash flow $134M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.9B | -21% | -1% |
| Operating profit | $681M | -42% | -22% |
| Net earnings | $523M | -43% | -21% |
| Operating cash flow | $134M | -76% | -44% |
| Free cash flow | $105M | -81% | -51% |
What changed
Revenue was $3.9B in Q1 2025, down 1% year over year and down 21% from the previous quarter.
Operating profit was $0.68B, a 17.5% margin (down 4.5 points year over year). Total costs grew 4% against a revenue fall of 1%. Net earnings were $0.52B, down 21% year over year. The effective tax rate was 23.2%.
Operating cash flow was $0.13B (down 44% year over year), 26% of net earnings. Non-cash charges added back $0.02B of depreciation and amortization and $0.02B of share-based compensation. Working capital and other items used $0.43B. Capital expenditures of $0.03B left free cash flow of $0.10B.
Questions
What was Pultegroup's revenue in the first quarter 2025?
Pultegroup (PHM) reported revenue of $3.9B for the first quarter 2025 (Q1 2025), -1% from a year earlier and -21% from the quarter before.
Was Pultegroup profitable in the first quarter 2025?
Operating profit was $681M (17.5% of revenue) and net earnings $523M.
Source: Pultegroup 10-Q on SEC EDGAR.