Pultegroup (PHM) Gross Margin (2009 - 2026)
Pultegroup's (PHM) quarterly Gross Margin came in at 26.57% in Q2 2026, down 199.0% year-over-year from 26.84% in Q2 2025, and up 2.76% quarter-over-quarter from 25.85% in Q1 2026.
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Pultegroup (PHM) Gross Margin (2009 - 2026) Analysis & Trends
Pultegroup has disclosed Gross Margin across 18 years of filings, most recently posting 26.57% for Q2 2026.
- In Q2 2026, Gross Margin fell 199.0% year-over-year to 26.57%; the TTM figure through Jun 2026 stood at 26.6% (down 256.0% YoY), while the FY2025 annual figure was 27.75%, down 259.0% from the prior year.
- Gross Margin came in at 26.57% for Q2 2026 at Pultegroup, up from 25.85% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 32.56% in Q2 2022 to a low of 25.85% in Q1 2026.
- Average Gross Margin over 5 years is 29.61%, with a median of 30.32% recorded in 2023.
- Year-over-year, Gross Margin jumped 420 bps in 2022 and plunged 298 bps in 2026.
- Over 5 years, Gross Margin stood at 30.43% in 2022, then decreased by 1 bps to 30.27% in 2023, then slipped by 5 bps to 28.83% in 2024, then dropped by 10 bps to 26.05% in 2025, then climbed by 2 bps to 26.57% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 26.57% in Q2 2026, 25.85% in Q1 2026, and 26.05% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 39.14 Bn | 37.01 Bn | 2.15 Bn | 23.26% |
| 2 | Pultegroup | 22.45 Bn | 21.07 Bn | 1.06 Bn | 26.57% |
| 3 | Lennar | 19.43 Bn | 17.25 Bn | 7.69 Bn | 96.82% |
| 4 | Nvr | 16.68 Bn | 15.59 Bn | 485.14 Mn | 20.85% |
| 5 | Toll Brothers | 12.67 Bn | 11.61 Bn | 625.22 Mn | 23.52% |
| 6 | Taylor Morrison Home | 6.77 Bn | 6.12 Bn | 290.64 Mn | 20.95% |
| 7 | Meritage Homes | 4.20 Bn | 3.39 Bn | 254.14 Mn | 18.14% |
| 8 | M | 3.64 Bn | 2.91 Bn | 235.50 Mn | 22.15% |
| 9 | Kb Home | 3.06 Bn | 3.00 Bn | 174.03 Mn | 15.64% |
| 10 | Green Brick Partners | 2.95 Bn | 2.82 Bn | 157.52 Mn | 31.90% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 26.57% |
| Mar 31, 2026 | 25.85% |
| Dec 31, 2025 | 26.05% |
| Sep 30, 2025 | 27.77% |
| Jun 30, 2025 | 28.56% |
| Mar 31, 2025 | 28.84% |
| Dec 31, 2024 | 28.83% |
| Sep 30, 2024 | 30.38% |
| Jun 30, 2024 | 31.38% |
| Mar 31, 2024 | 30.97% |
| Dec 31, 2023 | 30.27% |
| Sep 30, 2023 | 30.70% |
| Jun 30, 2023 | 31.03% |
| Mar 31, 2023 | 30.16% |
| Dec 31, 2022 | 30.43% |
| Sep 30, 2022 | 31.63% |
| Jun 30, 2022 | 32.56% |
| Mar 31, 2022 | 30.94% |
| Dec 31, 2021 | 29.75% |
| Sep 30, 2021 | 28.41% |