What is the current annual gross margin of PHM?

As of today, PHM annual gross margin is 26.41%

What is 1-year change in PHM annual gross margin?

PHM annual gross margin is down -9.06% year-over-year

What is 3-year change in PHM annual gross margin?

PHM annual gross margin is down -12.38% over the past 3 years

How far is PHM annual gross margin from its all-time high?

PHM annual gross margin is currently -44.39% below its historical high of 47.49% set on December 31, 1989

How does PHM annual gross margin rank versus sector peers?

PHM annual gross margin is higher than 45.17% of companies in Consumer Cyclical sector

When is PHM next annual earnings release?

The next annual earnings release for PHM is on January 28, 2027

What is the current quarterly gross margin of PHM?

As of today, PHM quarterly gross margin is 25.27%

What is PHM quarterly gross margin most recent change?

PHM quarterly gross margin was up +1.04% on September 30, 2026

What is 1-year change in PHM quarterly gross margin?

PHM quarterly gross margin is down -4.21% year-over-year

How far is PHM quarterly gross margin from its all-time high?

PHM quarterly gross margin is currently -40.29% below its historical high of 42.32% set on December 31, 1997

How does PHM quarterly gross margin rank versus sector peers?

PHM quarterly gross margin is higher than 39.96% of companies in Consumer Cyclical sector

When is PHM next earnings release?

The next earnings release for PHM is on January 28, 2027

PHM Gross Margin History & Chart Since 1980

Annual Gross Margin

26.41%2.63%-9.06%

December 31, 2025

Summary

Current Value: As of today, PHM annual gross margin is 26.41%, down -9.06% on December 31, 2025
Historical Performance: PHM annual gross margin is down -12.38% over the past 3 years, up +5.64% over the past 5 years
All-Time High Comparison: PHM annual gross margin is currently -44.39% below its historical high of 47.49% set on December 31, 1989
3-Year Low Comparison: PHM annual gross margin is at its 3-year low
Sector Comparison: PHM annual gross margin is higher than 45.17% of companies in Consumer Cyclical sector

Gross Margin Chart

beforeafter

Performance

PHM Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Gross Margin	Dec 31, 25	26.41%	-9.1%	-12.4%	+5.6%	+212.9%
Quarterly Gross Margin	Sep 30, 26	25.27%	-4.2%	-14.3%	-6.7%	+64.7%
Price	Nov 6, 26	$132.49	+11.4%	+61.9%	+162.7%	+2317.7%
PE Ratio	Nov 6, 26	14.15	+54.5%	+112.8%	+81.6%	–
Annual Revenue	Dec 31, 25	$17.31B	-3.5%	+8.2%	+56.9%	+278.9%
Annual Gross Profit	Dec 31, 25	$4.57B	-12.3%	-5.2%	+65.8%	+1086.1%
Annual Operating Margin	Dec 31, 25	17.32%	-20.1%	-19.5%	+8.3%	+261.6%
Annual Net Margin	Dec 31, 25	12.82%	-25.4%	-21.1%	+1.5%	+153.4%

Gross Margin Highs

PHM Annual Gross Margin Highs Comparison
Period	High	Date	Current
3Y	30.14%	N/A	-12.4%
5Y	30.14%	Dec 31, 22	-12.4%
All	47.49%	Dec 31, 89	-44.4%

Gross Margin Lows

PHM Annual Gross Margin Lows Comparison
Period	Low	Date	Current
3Y	26.41%	Dec 31, 25	at low
5Y	25.00%	N/A	+5.6%
All	-14.38%	Dec 31, 09	+283.7%

Gross Margin History

Year	Value	Change
2025	26.41%	-9.1%
2024	29.04%	-1.0%
2023	29.32%	-2.7%
2022	30.14%	+11.5%
2021	27.04%	+8.2%
2020	25.00%	+7.1%
2019	23.34%	+0.8%
2018	23.16%	+7.4%
2017	21.56%	-14.2%
2016	25.12%	-7.0%
2015	27.00%	+14.6%
2014	23.55%	+15.4%
2013	20.41%	+32.3%
2012	15.43%	+31.5%
2011	11.73%	+39.0%
2010	8.44%	+158.7%
2009	-14.38%	-6.3%
2008	-13.53%	-119.6%
2007	-6.16%	-135.3%
2006	17.47%	-25.7%
2005	23.52%	-0.6%
2004	23.67%	+8.1%
2003	21.89%	+2.1%

Year	Value	Change
2002	21.44%	+1.7%
2001	21.08%	+7.0%
2000	19.70%	+4.0%
1999	18.94%	+7.0%
1998	17.70%	+8.2%
1997	16.36%	-3.0%
1996	16.86%	-5.2%
1995	17.79%	-15.7%
1994	21.11%	-26.1%
1993	28.57%	-11.1%
1992	32.14%	-10.0%
1991	35.70%	-15.8%
1990	42.39%	-10.7%
1989	47.49%	+13.2%
1988	41.96%	-1.8%
1987	42.73%	+155.1%
1986	16.75%	+8.1%
1985	15.50%	+17.1%
1984	13.24%	-36.4%
1983	20.81%	+1.5%
1982	20.51%	+29.3%
1981	15.86%	-12.6%
1980	18.15%	-

FAQ

What is the current annual gross margin of PHM?: As of today, PHM annual gross margin is 26.41%
What is 1-year change in PHM annual gross margin?: PHM annual gross margin is down -9.06% year-over-year
What is 3-year change in PHM annual gross margin?: PHM annual gross margin is down -12.38% over the past 3 years
How far is PHM annual gross margin from its all-time high?: PHM annual gross margin is currently -44.39% below its historical high of 47.49% set on December 31, 1989
How does PHM annual gross margin rank versus sector peers?: PHM annual gross margin is higher than 45.17% of companies in Consumer Cyclical sector
When is PHM next annual earnings release?: The next annual earnings release for PHM is on January 28, 2027

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Quarterly Gross Margin

25.27%0.26%+1.04%

September 30, 2026

Summary

Current Value: As of today, PHM quarterly gross margin is 25.27%, up +1.04% on September 30, 2026
Historical Performance: PHM quarterly gross margin is down -4.21% year-over-year, down -14.25% over the past 3 years
All-Time High Comparison: PHM quarterly gross margin is currently -40.29% below its historical high of 42.32% set on December 31, 1997
3-Year Low Comparison: PHM quarterly gross margin is +4.94% above its 3-year low of 24.08% reached on March 31, 2026
Sector Comparison: PHM quarterly gross margin is higher than 39.96% of companies in Consumer Cyclical sector

Performance

PHM Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Gross Margin	Sep 30, 26	25.27%	+1.0%	-4.2%	-14.3%	-6.7%
Annual Gross Margin	Dec 31, 25	26.41%	–	-9.1%	-12.4%	+5.6%
Price	Nov 6, 26	$132.49	+2.3%	+11.4%	+61.9%	+162.7%
PE Ratio	Nov 6, 26	14.15	+7.0%	+54.5%	+112.8%	+81.6%
Quarterly Revenue	Sep 30, 26	$3.97B	-0.2%	-9.8%	-0.7%	+14.2%
Quarterly Gross Profit	Sep 30, 26	$1.00B	+0.8%	-13.6%	-14.9%	+6.6%
Quarterly Operating Margin	Sep 30, 26	15.27%	-0.8%	-11.6%	-26.1%	-14.6%
Quarterly Net Margin	Sep 30, 26	11.97%	+1.0%	-10.0%	-24.7%	-11.7%

Quarterly Gross Margin Highs

PHM Quarterly Gross Margin Highs Comparison
Period	High	Date	Current
1Y	26.38%	N/A	-4.2%
3Y	30.25%	Jun 30, 24	-16.5%
5Y	31.36%	Jun 30, 22	-19.4%
All	42.32%	Dec 31, 97	-40.3%

Quarterly Gross Margin Lows

PHM Quarterly Gross Margin Lows Comparison
Period	Low	Date	Current
1Y	24.08%	Mar 31, 26	+4.9%
3Y	24.08%	Mar 31, 26	+4.9%
5Y	24.08%	Mar 31, 26	+4.9%
All	-57.25%	Mar 31, 09	+144.1%

Quarterly Gross Margin History

Month	Value	Change
Sep 2026	25.27%	+1.0%
Jun 2026	25.01%	+3.9%
Mar 2026	24.08%	-1.7%
Dec 2025	24.49%	-7.2%
Sep 2025	26.38%	-2.9%
Jun 2025	27.16%	-0.8%
Mar 2025	27.37%	-0.4%
Dec 2024	27.47%	-5.3%
Sep 2024	29.01%	-4.1%
Jun 2024	30.25%	+2.2%
Mar 2024	29.60%	+1.9%
Dec 2023	29.04%	-1.5%
Sep 2023	29.47%	-1.3%
Jun 2023	29.85%	+3.5%
Mar 2023	28.85%	-2.0%
Dec 2022	29.43%	-3.2%
Sep 2022	30.39%	-3.1%
Jun 2022	31.36%	+6.4%
Mar 2022	29.47%	+7.8%
Dec 2021	27.34%	+1.0%
Sep 2021	27.08%	+0.3%
Jun 2021	27.01%	+1.7%
Mar 2021	26.55%	+5.4%
Dec 2020	25.18%	-1.4%
Sep 2020	25.55%	+1.3%
Jun 2020	25.22%	+6.1%
Mar 2020	23.77%	+2.2%
Dec 2019	23.25%	-1.3%
Sep 2019	23.55%	+1.0%
Jun 2019	23.31%	-0.3%
Mar 2019	23.39%	+12.2%
Dec 2018	20.85%	-13.3%
Sep 2018	24.06%	-2.4%
Jun 2018	24.66%	+4.9%
Mar 2018	23.50%	+7.5%
Dec 2017	21.86%	-8.4%
Sep 2017	23.87%	+36.9%
Jun 2017	17.43%	-24.7%
Mar 2017	23.14%	-7.6%
Dec 2016	25.04%	+17.1%
Sep 2016	21.39%	-1.6%
Jun 2016	21.74%	-0.0%
Mar 2016	21.75%	-10.8%
Dec 2015	24.39%	+3.0%
Sep 2015	23.68%	+1.8%
Jun 2015	23.25%	+4.1%
Mar 2015	22.33%	-3.4%
Dec 2014	23.11%	-0.4%
Sep 2014	23.20%	-0.9%
Jun 2014	23.42%	-6.0%
Mar 2014	24.91%	+8.9%
Dec 2013	22.88%	+11.2%
Sep 2013	20.57%	+9.0%
Jun 2013	18.88%	+2.9%
Mar 2013	18.35%	+26.1%
Dec 2012	14.55%	-19.0%
Sep 2012	17.96%	+13.7%
Jun 2012	15.79%	+23.6%
Mar 2012	12.78%	+32.8%
Dec 2011	9.62%	-37.3%
Sep 2011	15.34%	+54.8%
Jun 2011	9.91%	-17.1%
Mar 2011	11.96%	+461.5%
Dec 2010	2.13%	-70.0%
Sep 2010	7.10%	-39.0%
Jun 2010	11.64%	-10.6%

Month	Value	Change
Mar 2010	13.02%	+299.7%
Dec 2009	-6.52%	-44.6%
Sep 2009	-4.51%	+65.1%
Jun 2009	-12.93%	+77.4%
Mar 2009	-57.25%	-307.5%
Dec 2008	-14.05%	-130.3%
Sep 2008	-6.10%	-692.2%
Jun 2008	-0.77%	+97.8%
Mar 2008	-34.47%	-2,182.8%
Dec 2007	-1.51%	+89.4%
Sep 2007	-14.25%	+21.4%
Jun 2007	-18.13%	-276.4%
Mar 2007	10.28%	-9.7%
Dec 2006	11.38%	-34.2%
Sep 2006	17.29%	-18.6%
Jun 2006	21.23%	-11.2%
Mar 2006	23.90%	+3.2%
Dec 2005	23.16%	-4.6%
Sep 2005	24.27%	+0.8%
Jun 2005	24.08%	-5.3%
Mar 2005	25.44%	+6.1%
Dec 2004	23.97%	-1.1%
Sep 2004	24.24%	+5.9%
Jun 2004	22.89%	+0.5%
Mar 2004	22.77%	+6.0%
Dec 2003	21.49%	-3.1%
Sep 2003	22.18%	-4.3%
Jun 2003	23.17%	+3.1%
Mar 2003	22.48%	+4.8%
Dec 2002	21.46%	+0.5%
Sep 2002	21.36%	+0.2%
Jun 2002	21.32%	-1.6%
Mar 2002	21.67%	-48.4%
Dec 2001	41.96%	+99.8%
Sep 2001	21.00%	-0.6%
Jun 2001	21.13%	-0.8%
Mar 2001	21.31%	+0.8%
Dec 2000	21.15%	+9.0%
Sep 2000	19.41%	+1.3%
Jun 2000	19.17%	+5.1%
Mar 2000	18.24%	-10.6%
Dec 1999	20.40%	+11.1%
Sep 1999	18.37%	+1.5%
Jun 1999	18.10%	-0.1%
Mar 1999	18.12%	-0.5%
Dec 1998	18.21%	+4.8%
Sep 1998	17.37%	-1.3%
Jun 1998	17.60%	+1.1%
Mar 1998	17.40%	-58.9%
Dec 1997	42.32%	+838.4%
Sep 1997	4.51%	+26.0%
Jun 1997	3.58%	+678.3%
Mar 1997	0.46%	-91.7%
Dec 1996	5.53%	+26.0%
Sep 1996	4.39%	-6.2%
Jun 1996	4.68%	+135.2%
Mar 1996	1.99%	-66.7%
Dec 1995	5.98%	+10.9%
Sep 1995	5.39%	+40.7%
Jun 1995	3.83%	+2,453.3%
Mar 1995	0.15%	-97.9%
Dec 1994	7.22%	+10.1%
Sep 1994	6.56%	+0.3%
Jun 1994	6.54%	+8.6%
Mar 1994	6.02%	-

FAQ

What is the current quarterly gross margin of PHM?: As of today, PHM quarterly gross margin is 25.27%
What is PHM quarterly gross margin most recent change?: PHM quarterly gross margin was up +1.04% on September 30, 2026
What is 1-year change in PHM quarterly gross margin?: PHM quarterly gross margin is down -4.21% year-over-year
How far is PHM quarterly gross margin from its all-time high?: PHM quarterly gross margin is currently -40.29% below its historical high of 42.32% set on December 31, 1997
How does PHM quarterly gross margin rank versus sector peers?: PHM quarterly gross margin is higher than 39.96% of companies in Consumer Cyclical sector
When is PHM next earnings release?: The next earnings release for PHM is on January 28, 2027

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Data Sources & References

PHM Official Website www.pultegroup.com
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/822416/000082241626000007/0000822416-26-000007-index.htm
PHM Profile on Yahoo Finance finance.yahoo.com/quote/PHM
PHM Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/phm