Edwyn
| Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | $3,192 | $13,927 | $16,229 | $16,062 | $17,947 |
| Gross Profit | N/A | N/A | N/A | N/A | N/A |
| Operating Income | N/A | N/A | N/A | N/A | N/A |
| Net Income | $1,407 | $1,946 | $2,617 | $2,602 | $3,083 |
Over the review period, PulteGroup’s revenue shows an overall upward trend despite some fluctuations. In 2020, revenue was approximately $3.19 billion, which then jumped to about $13.93 billion in 2021—a significant increase of over 336%. This surge coincides with the housing market’s post-pandemic rebound and may reflect both increased market demand and operational expansion. Revenues continued to grow to $16.23 billion in 2022, then remained nearly flat in 2023 at $16.06 billion, before rising again to $17.95 billion in 2024. Although gross profit and operating income are reported as zero throughout the period—which could indicate either a data reporting anomaly or omission—the consistent revenue increases support an underlying operational expansion. Net income performance also improved during the analyzed period. Starting at $1.41 billion in 2020, net income increased steadily to $1.95 billion in 2021 and $2.62 billion in 2022, before experiencing a minor dip to $2.60 billion in 2023, and then recovering to $3.08 billion in 2024. The net income growth shows a robust upward trend overall with most year-over-year increases exceeding 20% (especially evident during the jump from 2020 to 2022), suggesting strong profitability and controlled cost management relative to revenue increases. In the context of the U.S. homebuilding industry, where market conditions have been favorable due to demand recovery post-pandemic, these metrics indicate healthy financial performance and sustainability, notwithstanding the missing details on gross profit and operating income.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.