Pultegroup (PHM) Gross Margin (2009 - 2026)

Pultegroup (PHM) reported Gross Margin of 98.48% for Q2 2026, up 6991.0% on a YoY basis from 1.39% in Q2 2025, and little changed sequentially from 98.26% in Q1 2026.

Pultegroup (PHM) Gross Margin (2009 - 2026) Analysis & Trends

Pultegroup (PHM) has 18 years of Gross Margin data on file, last reported at 98.48% in Q2 2026.

  • For the quarter ending Q2 2026, Gross Margin rose 6991.0% year-over-year to 98.48%; the trailing twelve-month figure through Jun 2026 stood at 133.69% (up 252.0% YoY), and the FY2025 full-year result was 98.45%, down 30.0% from the prior year.
  • Gross Margin held at 98.48% in Q2 2026, from 98.26% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 291.49% in Q4 2025 to a low of 27.77% in Q3 2025.
  • A 5-year average of 103.28% and a median of 98.53% in 2025 frame the typical range for Gross Margin.
  • Across the five-year window, Gross Margin jumped 36426 bps in 2022 and sank 14476 bps in 2023, its largest moves.
  • Tracing PHM's Gross Margin over 5 years: stood at 232.46% in 2022, then tumbled by 62 bps to 87.69% in 2023, then surged by 217 bps to 278.29% in 2024, then gained by 5 bps to 291.49% in 2025, then sank by 66 bps to 98.48% in 2026.
  • Business Quant data shows PHM's Gross Margin at 98.48% in Q2 2026, 98.26% in Q1 2026, and 291.49% in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Horton D R 40.90 Bn 39.56 Bn 2.15 Bn 23.26%
2 Pultegroup 23.36 Bn 22.03 Bn 3.92 Bn 98.48%
3 Lennar 19.77 Bn 19.63 Bn 7.69 Bn 96.82%
4 Nvr 17.18 Bn 15.54 Bn 1.31 Bn 69.49%
5 Toll Brothers 15.08 Bn 13.99 Bn 604.89 Mn 23.90%
6 Taylor Morrison Home 6.96 Bn 6.31 Bn 290.64 Mn 20.95%
7 Installed Building Products 5.97 Bn 5.50 Bn 212.30 Mn 32.14%
8 Meritage Homes 4.78 Bn 4.01 Bn 68.61 Mn 6.19%
9 Champion Homes 4.47 Bn 3.81 Bn 172.19 Mn 26.22%
10 M 4.43 Bn 3.66 Bn 202.59 Mn 22.00%

Historic Data

Download Data
DateValue
Jun 30, 2026 98.48%
Mar 31, 2026 98.26%
Dec 31, 2025 291.49%
Sep 30, 2025 27.77%
Jun 30, 2025 28.56%
Mar 31, 2025 98.59%
Dec 31, 2024 278.29%
Sep 30, 2024 98.68%
Jun 30, 2024 31.38%
Mar 31, 2024 30.97%
Dec 31, 2023 87.69%
Sep 30, 2023 30.70%
Jun 30, 2023 98.88%
Mar 31, 2023 30.16%
Dec 31, 2022 232.46%
Sep 30, 2022 98.84%
Jun 30, 2022 98.87%
Mar 31, 2022 98.98%
Dec 31, 2021 -131.80%
Sep 30, 2021 98.64%