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| Date | Value |
|---|---|
| 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% |