{
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  "slug": "pultegroup-mi",
  "name": "PULTEGROUP INC/MI/",
  "updatedAt": "2026-10-03T21:43:00.515279Z",
  "sections": [
    {
      "type": "OVERVIEW",
      "text": "PulteGroup, Inc. is a U.S. residential homebuilder that develops and sells homes, alongside related mortgage, title, and insurance agency services. Its brands—including Centex, Pulte Homes, and Del Webb—serve first-time, move-up, and active-adult buyers. [P80720978][P78630491][P23454703] The company reports operating across 26 states and 47 markets in 2025. [P114061968][https://www.pultegroup.com/investor-relations/investor-overview/default.aspx]\n\nPulteGroup describes its purpose as “building incredible places where people can live their dreams.” [https://www.pultegroup.com/about/overview/default.aspx] For the year ended December 31, 2025, it reported $17.312 billion in total revenue and described its team as more than 6,000 people. [T3260257][https://www.pultegroup.com/about/overview/default.aspx] The company traces its founding to 1950. [P80720978]\n[P80720978][P78630491][P23454703][P114061968][T3260257][https://www.pultegroup.com/investor-relations/investor-overview/default.aspx][https://www.pultegroup.com/about/overview/default.aspx]",
      "updatedAt": "2026-10-03T21:43:00.515279Z"
    },
    {
      "type": "PRODUCTS",
      "text": "PulteGroup offers homes through its Centex, Pulte Homes, Del Webb, DiVosta Homes, and John Wieland Homes and Neighborhoods brands, serving first-time, move-up, and active-adult buyers. Offerings range from generally smaller, lower-priced first-time-buyer homes to larger move-up homes, while many Del Webb communities are age-restricted to buyers 55 and older and include amenities such as athletic facilities, recreation centers, and classes. [P12684723][P105794171]\n\nHomes are offered in multiple floor plans and exterior elevations, with choices that can include flooring, countertops, fixtures, and appliances. Reported home features include high-efficiency HVAC systems and insulation, low-emissivity windows, solar in some markets, and pre-wiring for internet and smart-home features. Homes may be built to order after a contract is signed or built spec for buyers seeking quicker availability. [P80132930][P23454703]\n\nRelated services include mortgage lending, title and closing services, and insurance agency services. Pulte Mortgage generally originates loans for homebuyers and sells them in the secondary market; title operations provide closings and title insurance, and insurance agencies place policies with third-party carriers. The company also provides a limited home warranty, including one-year comprehensive coverage and longer coverage for certain construction and operating-system components. [P142136054][P142135810][P142135939]\n\nIn 2025, first-time, move-up, and active-adult buyers represented 38%, 40%, and 22% of closings, respectively; these are shares of closing units, not revenue. The company reported Homebuilding as 98% of consolidated revenue in 2025, but does not provide revenue shares by brand, buyer group, or home type in the cited disclosures. [P105794171][P12684723]\n[P12684723][P105794171][P80132930][P23454703][P142136054][P142135810][P142135939]",
      "updatedAt": "2026-10-03T21:43:00.515279Z"
    },
    {
      "type": "GEOGRAPHY",
      "text": "As of December 31, 2025, PulteGroup operated 1,014 active communities across 47 markets in 26 U.S. states. Its homebuilding operations are reported across six regions—Northeast, Southeast, Florida, Midwest, Texas, and West—plus Other homebuilding. [https://www.sec.gov/Archives/edgar/data/822416/000082241626000007/phm-20251231.htm]\n\nFor FY2025, homebuilding revenue was $16.923 billion. By reported segment, revenue was $1.243 billion in the Northeast (7.3%), $2.959 billion in the Southeast (17.5%), $4.265 billion in Florida (25.2%), $2.728 billion in the Midwest (16.1%), $1.676 billion in Texas (9.9%), and $3.877 billion in the West (22.9%); Other homebuilding contributed $177 million (1.0%). Percentages are calculated from the reported segment revenues and total. [T202810]\n\nThe company’s corporate and homebuilding headquarters are in Atlanta, Georgia. Pulte Mortgage’s primary office is in Denver, Colorado, and divisional and Financial Services branch offices are located in the areas where they operate. [P62435640][P27477843]\n[T202810][T202810][T202810][T202810][T202810][T202810][T202810][T202810][P62435640][P27477843][https://www.sec.gov/Archives/edgar/data/822416/000082241626000007/phm-20251231.htm]",
      "updatedAt": "2026-10-03T21:43:00.515279Z"
    },
    {
      "type": "SEGMENTS",
      "text": "For fiscal 2025, PulteGroup reported six geographic Homebuilding segments and a separate Financial Services segment. Homebuilding revenue was $16.923 billion, or approximately 97.8% of consolidated revenue; Financial Services revenue was $388.7 million, or approximately 2.2%. Financial Services includes mortgage banking, title and insurance agency operations, generally in the same markets as Homebuilding. [P78630491][P70630125][T6304027]\n\nAs a share of consolidated revenue, the Homebuilding segments contributed approximately: Northeast 7.2% (Maryland, Massachusetts, New Jersey, Pennsylvania, Rhode Island and Virginia); Southeast 17.1% (Georgia, North Carolina, South Carolina and Tennessee); Florida 24.6%; Midwest 15.8% (Illinois, Indiana, Kentucky, Michigan, Minnesota and Ohio); Texas 9.7%; and West 22.4% (Arizona, California, Colorado, Nevada, New Mexico, Oregon, Utah and Washington). The filing separately lists $177.1 million of “Other homebuilding” revenue, approximately 1.0% of consolidated revenue; this is included in the Homebuilding total but is not one of the six named geographic segments. [T6304027][T6066102]\n[P78630491][P70630125][T6304027][T6066102][https://www.sec.gov/Archives/edgar/data/822416/000082241626000007/phm-20251231.htm]",
      "updatedAt": "2026-10-03T21:43:00.515279Z"
    },
    {
      "type": "HISTORY",
      "text": "PulteGroup traces its founding to 1950, when 18-year-old Bill Pulte built his first home in Detroit; the company was incorporated in Michigan in 1956. [P80720978][https://www.pultegroup.com/about/overview/default.aspx] In 1969, William J. Pulte, Inc. became Pulte Home Corporation and went public; the company expanded geographically during the 1970s and established a mortgage-financing subsidiary in 1972. [https://media.corporate-ir.net/media_files/irol/14/147717/history0406.pdf]\n\nThe company acquired DiVosta Homes in 1998 and merged with Del Webb in 2001, adding homebuilding and active-adult community businesses. [https://pultegroupseflorida.com/our-region/palm-beach-county/][https://www.sec.gov/Archives/edgar/data/822416/000095012401502492/k64031ex99-1.htm] It acquired Centex in 2009 and changed its corporate name to PulteGroup, Inc. in 2010. [https://www.sec.gov/Archives/edgar/data/822416/000119312510107585/dex991.htm][https://www.crainsdetroit.com/article/20100406/FREE/100409944/pulte-homes-inc-changes-its-company-name-to-pultegroup-inc] In 2016, PulteGroup completed an acquisition of certain John Wieland homebuilding assets, and Ryan Marshall became CEO; in 2020, it acquired off-site construction provider Innovative Construction Group. [https://www.pultegroupinc.com/investor-relations/news/news-details/2016/PulteGroup-Completes-Acquisition-of-Certain-Homebuilding-Assets-of-John-Wieland-Homes-and-Neighborhoods/default.aspx][https://www.pultegroupinc.com/investor-relations/news/news-details/2016/PulteGroup-Names-Ryan-Marshall-Chief-Executive-Officer/default.aspx][https://www.pultegroupinc.com/investor-relations/news/news-details/2020/PulteGroup-Acquires-Innovative-Construction-Group-Leading-Off-site-Solutions-Provider/default.aspx]\n[P80720978][https://www.pultegroup.com/about/overview/default.aspx][https://media.corporate-ir.net/media_files/irol/14/147717/history0406.pdf][https://pultegroupseflorida.com/our-region/palm-beach-county/][https://www.sec.gov/Archives/edgar/data/822416/000095012401502492/k64031ex99-1.htm][https://www.sec.gov/Archives/edgar/data/822416/000119312510107585/dex991.htm][https://www.crainsdetroit.com/article/20100406/FREE/100409944/pulte-homes-inc-changes-its-company-name-to-pultegroup-inc][https://www.pultegroupinc.com/investor-relations/news/news-details/2016/PulteGroup-Completes-Acquisition-of-Certain-Homebuilding-Assets-of-John-Wieland-Homes-and-Neighborhoods/default.aspx][https://www.pultegroupinc.com/investor-relations/news/news-details/2016/PulteGroup-Names-Ryan-Marshall-Chief-Executive-Officer/default.aspx][https://www.pultegroupinc.com/investor-relations/news/news-details/2020/PulteGroup-Acquires-Innovative-Construction-Group-Leading-Off-site-Solutions-Provider/default.aspx]",
      "updatedAt": "2026-10-03T21:43:00.515279Z"
    }
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