Pultegroup (PHM) Gross Margin (2009 - 2026)
Pultegroup's (PHM) quarterly Gross Margin came in at 25.85% in Q1 2026, down 7273.0% year-on-year from 0.36% in Q1 2025, and down 88.86% quarter-over-quarter from 232.03% in Q4 2025.
Pultegroup (PHM) Gross Margin (2009 - 2026) Analysis & Trends
Pultegroup has disclosed Gross Margin across 18 years of filings, most recently posting 25.85% for Q1 2026.
- Gross Margin for Q1 2026 came in at 25.85%, down 7273.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 120.45% (up 1406.0% YoY), and the FY2025 annual result was 82.61%, down 888.0% from the prior year.
- Gross Margin came in at 25.85% for Q1 2026 at Pultegroup, down from 232.03% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 251.82% in Q4 2024 to a low of 25.85% in Q1 2026.
- The 5-year median for Gross Margin is 98.65% (2025), against an average of 95.75%.
- Across the five-year window, Gross Margin soared 16609 bps in 2023 and sank 7273 bps in 2026, its largest moves.
- Pultegroup's Gross Margin stood at 53.15% in 2022, then soared by 312 bps to 219.25% in 2023, then gained by 15 bps to 251.82% in 2024, then retreated by 8 bps to 232.03% in 2025, then slumped by 89 bps to 25.85% in 2026.
- The last three Gross Margin figures came in at 25.85% (Q1 2026), 232.03% (Q4 2025), and 98.66% (Q3 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 43.54 Bn | 42.20 Bn | 1.70 Bn | 22.54% |
| 2 | Pultegroup | 23.57 Bn | 21.76 Bn | 881.27 Mn | 25.85% |
| 3 | Lennar | 22.65 Bn | 20.45 Bn | 6.36 Bn | 96.10% |
| 4 | Nvr | 17.80 Bn | 16.15 Bn | 1.31 Bn | 69.49% |
| 5 | Toll Brothers | 13.73 Bn | 12.64 Bn | 604.89 Mn | 23.90% |
| 6 | Taylor Morrison Home | 6.88 Bn | 6.88 Bn | 290.64 Mn | 20.95% |
| 7 | Installed Building Products | 5.53 Bn | 5.05 Bn | 212.30 Mn | 32.14% |
| 8 | Meritage Homes | 4.85 Bn | 4.09 Bn | -269,000.00 | -0.07% |
| 9 | Cavco Industries | 4.56 Bn | 4.52 Bn | 135.92 Mn | 23.39% |
| 10 | Champion Homes | 4.39 Bn | 3.74 Bn | 172.19 Mn | 26.22% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 25.85% |
| Dec 31, 2025 | 232.03% |
| Sep 30, 2025 | 98.66% |
| Jun 30, 2025 | 98.65% |
| Mar 31, 2025 | 98.59% |
| Dec 31, 2024 | 251.82% |
| Sep 30, 2024 | 30.38% |
| Jun 30, 2024 | 31.38% |
| Mar 31, 2024 | 98.70% |
| Dec 31, 2023 | 219.25% |
| Sep 30, 2023 | 30.70% |
| Jun 30, 2023 | 98.88% |
| Mar 31, 2023 | 30.16% |
| Dec 31, 2022 | 53.15% |
| Sep 30, 2022 | 31.63% |
| Jun 30, 2022 | 98.87% |
| Mar 31, 2022 | 98.98% |
| Dec 31, 2021 | 98.44% |
| Sep 30, 2021 | 98.64% |
| Jun 30, 2021 | 28.36% |