What is the current annual operating margin of PHM?

As of today, PHM annual operating margin is 17.32%

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

PHM annual operating margin is down -20.07% year-over-year

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

PHM annual operating margin is down -19.48% over the past 3 years

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

PHM annual operating margin is currently -54.94% below its historical high of 38.44% set on December 31, 1989

How does PHM annual operating margin rank versus sector peers?

PHM annual operating margin is higher than 89.61% 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 operating margin of PHM?

As of today, PHM quarterly operating margin is 15.27%

What is PHM quarterly operating margin most recent change?

PHM quarterly operating margin was down -0.78% on September 30, 2026

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

PHM quarterly operating margin is down -11.63% year-over-year

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

PHM quarterly operating margin is currently -36.43% below its historical high of 24.02% set on March 31, 1990

How does PHM quarterly operating margin rank versus sector peers?

PHM quarterly operating margin is higher than 79.13% of companies in Consumer Cyclical sector

When is PHM next earnings release?

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

PHM Operating Margin History & Chart Since 1980

Annual Operating Margin

17.32%4.35%-20.07%

December 31, 2025

Summary

Current Value: As of today, PHM annual operating margin is 17.32%, down -20.07% on December 31, 2025
Historical Performance: PHM annual operating margin is down -19.48% over the past 3 years, up +8.32% over the past 5 years
All-Time High Comparison: PHM annual operating margin is currently -54.94% below its historical high of 38.44% set on December 31, 1989
3-Year Low Comparison: PHM annual operating margin is at its 3-year low
Sector Comparison: PHM annual operating margin is higher than 89.61% of companies in Consumer Cyclical sector

Operating Margin Chart

beforeafter

Performance

PHM Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Operating Margin	Dec 31, 25	17.32%	-20.1%	-19.5%	+8.3%	+261.6%
Quarterly Operating Margin	Sep 30, 26	15.27%	-11.6%	-26.1%	-14.6%	+346.5%
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 Operating Profit	Dec 31, 25	$3.00B	-22.9%	-12.9%	+69.9%	+712.2%
Annual Gross Margin	Dec 31, 25	26.41%	-9.1%	-12.4%	+5.6%	+212.9%
Annual Net Margin	Dec 31, 25	12.82%	-25.4%	-21.1%	+1.5%	+153.4%

Operating Margin Highs

PHM Annual Operating Margin Highs Comparison
Period	High	Date	Current
3Y	21.67%	Dec 31, 24	-20.1%
5Y	21.67%	Dec 31, 24	-20.1%
All	38.44%	Dec 31, 89	-54.9%

Operating Margin Lows

PHM Annual Operating Margin Lows Comparison
Period	Low	Date	Current
3Y	17.32%	Dec 31, 25	at low
5Y	15.99%	N/A	+8.3%
All	-30.64%	Dec 31, 09	+156.5%

Operating Margin History

Year	Value	Change
2025	17.32%	-20.1%
2024	21.67%	+2.5%
2023	21.15%	-1.7%
2022	21.51%	+17.2%
2021	18.36%	+14.8%
2020	15.99%	+20.0%
2019	13.33%	+0.8%
2018	13.23%	+14.9%
2017	11.51%	-9.7%
2016	12.74%	-3.8%
2015	13.24%	+8.4%
2014	12.21%	+14.5%
2013	10.66%	+119.8%
2012	4.85%	+536.9%
2011	-1.11%	+89.6%
2010	-10.72%	+65.0%
2009	-30.64%	-16.1%
2008	-26.39%	-9.5%
2007	-24.11%	-385.0%
2006	8.46%	-45.9%
2005	15.64%	+6.8%
2004	14.64%	+29.1%
2003	11.34%	+1.5%

Year	Value	Change
2002	11.17%	+1.5%
2001	11.01%	+10.4%
2000	9.97%	+11.9%
1999	8.91%	+20.4%
1998	7.40%	+52.6%
1997	4.85%	-13.2%
1996	5.59%	-10.0%
1995	6.21%	-33.4%
1994	9.33%	-36.6%
1993	14.72%	-7.5%
1992	15.92%	-44.2%
1991	28.51%	-15.2%
1990	33.61%	-12.6%
1989	38.44%	+22.0%
1988	31.50%	-1.0%
1987	31.81%	+568.3%
1986	4.76%	+42.1%
1985	3.35%	+146.3%
1984	1.36%	-84.9%
1983	9.03%	+48.8%
1982	6.07%	+432.5%
1981	1.14%	-77.8%
1980	5.13%	-

FAQ

What is the current annual operating margin of PHM?: As of today, PHM annual operating margin is 17.32%
What is 1-year change in PHM annual operating margin?: PHM annual operating margin is down -20.07% year-over-year
What is 3-year change in PHM annual operating margin?: PHM annual operating margin is down -19.48% over the past 3 years
How far is PHM annual operating margin from its all-time high?: PHM annual operating margin is currently -54.94% below its historical high of 38.44% set on December 31, 1989
How does PHM annual operating margin rank versus sector peers?: PHM annual operating margin is higher than 89.61% 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

Operating Margin Formula

Operating Profit Margin = Operating Income

Revenue × 100%

Quarterly Operating Margin

15.27%0.12%-0.78%

September 30, 2026

Summary

Current Value: As of today, PHM quarterly operating margin is 15.27%, down -0.78% on September 30, 2026
Historical Performance: PHM quarterly operating margin is down -11.63% year-over-year, down -26.05% over the past 3 years
All-Time High Comparison: PHM quarterly operating margin is currently -36.43% below its historical high of 24.02% set on March 31, 1990
3-Year Low Comparison: PHM quarterly operating margin is +18.19% above its 3-year low of 12.92% reached on March 31, 2026
Sector Comparison: PHM quarterly operating margin is higher than 79.13% of companies in Consumer Cyclical sector

Performance

PHM Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Operating Margin	Sep 30, 26	15.27%	-0.8%	-11.6%	-26.1%	-14.6%
Annual Operating Margin	Dec 31, 25	17.32%	–	-20.1%	-19.5%	+8.3%
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 Operating Profit	Sep 30, 26	$606.87M	-1.0%	-20.3%	-26.6%	-2.4%
Quarterly Gross Margin	Sep 30, 26	25.27%	+1.0%	-4.2%	-14.3%	-6.7%
Quarterly Net Margin	Sep 30, 26	11.97%	+1.0%	-10.0%	-24.7%	-11.7%

Quarterly Operating Margin Highs

PHM Quarterly Operating Margin Highs Comparison
Period	High	Date	Current
1Y	17.28%	N/A	-11.6%
3Y	23.50%	Dec 31, 24	-35.0%
5Y	23.50%	Dec 31, 24	-35.0%
All	24.02%	Mar 31, 90	-36.4%

Quarterly Operating Margin Lows

PHM Quarterly Operating Margin Lows Comparison
Period	Low	Date	Current
1Y	12.92%	Mar 31, 26	+18.2%
3Y	12.92%	Mar 31, 26	+18.2%
5Y	12.92%	Mar 31, 26	+18.2%
All	-262.71%	Dec 1, 84	+105.8%

Quarterly Operating Margin History

Month	Value	Change
Sep 2026	15.27%	-0.8%
Jun 2026	15.39%	+19.1%
Mar 2026	12.92%	-19.5%
Dec 2025	16.05%	-7.1%
Sep 2025	17.28%	-5.5%
Jun 2025	18.29%	+6.0%
Mar 2025	17.26%	-26.6%
Dec 2024	23.50%	+18.0%
Sep 2024	19.92%	-11.1%
Jun 2024	22.40%	+9.0%
Mar 2024	20.55%	-6.0%
Dec 2023	21.86%	+5.9%
Sep 2023	20.65%	-7.6%
Jun 2023	22.34%	+14.9%
Mar 2023	19.44%	-13.7%
Dec 2022	22.52%	+5.2%
Sep 2022	21.40%	-4.0%
Jun 2022	22.30%	+17.2%
Mar 2022	19.03%	-2.1%
Dec 2021	19.44%	+8.8%
Sep 2021	17.87%	-5.5%
Jun 2021	18.91%	+13.9%
Mar 2021	16.60%	-0.3%
Dec 2020	16.65%	+1.7%
Sep 2020	16.37%	-9.2%
Jun 2020	18.03%	+46.8%
Mar 2020	12.28%	-15.5%
Dec 2019	14.53%	+7.2%
Sep 2019	13.56%	+1.3%
Jun 2019	13.39%	+18.4%
Mar 2019	11.31%	+1.8%
Dec 2018	11.11%	-23.5%
Sep 2018	14.52%	-8.4%
Jun 2018	15.86%	+40.7%
Mar 2018	11.27%	-24.8%
Dec 2017	14.98%	+15.5%
Sep 2017	12.97%	+92.4%
Jun 2017	6.74%	-22.0%
Mar 2017	8.64%	-48.2%
Dec 2016	16.68%	+35.0%
Sep 2016	12.36%	+11.8%
Jun 2016	11.06%	+27.1%
Mar 2016	8.70%	-51.0%
Dec 2015	17.74%	+39.5%
Sep 2015	12.72%	+15.7%
Jun 2015	10.99%	+35.8%
Mar 2015	8.09%	-46.5%
Dec 2014	15.13%	+7.4%
Sep 2014	14.09%	+140.9%
Jun 2014	5.85%	-51.1%
Mar 2014	11.96%	-14.1%
Dec 2013	13.93%	+17.8%
Sep 2013	11.83%	+45.3%
Jun 2013	8.14%	+12.9%
Mar 2013	7.21%	+26.5%
Dec 2012	5.70%	-31.8%
Sep 2012	8.36%	+94.4%
Jun 2012	4.30%	+458.3%
Mar 2012	-1.20%	-344.4%
Dec 2011	-0.27%	-107.9%
Sep 2011	3.42%	+171.3%
Jun 2011	-4.80%	+10.6%
Mar 2011	-5.37%	+46.7%
Dec 2010	-10.07%	+69.5%
Sep 2010	-33.07%	-6,384.3%
Jun 2010	-0.51%	+79.7%
Mar 2010	-2.51%	+87.4%
Dec 2009	-19.86%	+11.7%
Sep 2009	-22.49%	+26.9%
Jun 2009	-30.77%	+60.3%
Mar 2009	-77.52%	-196.1%
Dec 2008	-26.18%	-42.8%
Sep 2008	-18.33%	-45.7%
Jun 2008	-12.58%	+73.9%
Mar 2008	-48.13%	-278.7%
Dec 2007	-12.71%	+69.4%

Month	Value	Change
Sep 2007	-41.53%	-19.4%
Jun 2007	-34.78%	-384.4%
Mar 2007	-7.18%	-384.9%
Dec 2006	2.52%	-70.6%
Sep 2006	8.57%	-27.5%
Jun 2006	11.82%	-11.2%
Mar 2006	13.31%	-17.5%
Dec 2005	16.13%	+1.5%
Sep 2005	15.89%	+10.0%
Jun 2005	14.45%	+9.6%
Mar 2005	13.19%	-21.5%
Dec 2004	16.80%	+15.5%
Sep 2004	14.54%	+15.5%
Jun 2004	12.59%	+12.8%
Mar 2004	11.16%	-4.7%
Dec 2003	11.71%	-0.8%
Sep 2003	11.80%	+1.6%
Jun 2003	11.61%	+15.6%
Mar 2003	10.04%	-19.1%
Dec 2002	12.41%	+11.2%
Sep 2002	11.16%	+29.8%
Jun 2002	8.60%	-12.6%
Mar 2002	9.84%	-34.0%
Dec 2001	14.90%	+64.5%
Sep 2001	9.06%	+22.4%
Mar 2001	7.40%	-51.0%
Dec 2000	15.10%	+64.7%
Sep 2000	9.17%	+18.8%
Jun 2000	7.72%	+53.8%
Mar 2000	5.02%	-61.4%
Dec 1999	13.02%	+68.2%
Sep 1999	7.74%	+11.8%
Jun 1999	6.92%	+25.1%
Mar 1999	5.53%	-53.7%
Dec 1998	11.94%	+82.6%
Sep 1998	6.54%	+15.5%
Jun 1998	5.66%	+5.8%
Mar 1998	5.35%	-45.2%
Dec 1997	9.77%	+116.6%
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%	-66.3%
Dec 1995	5.90%	+17.8%
Sep 1995	5.01%	+50.9%
Jun 1995	3.32%	+1,681.0%
Mar 1995	-0.21%	-103.8%
Dec 1994	5.52%	-15.3%
Sep 1994	6.52%	+7.2%
Jun 1994	6.08%	+11.4%
Mar 1994	5.46%	+419.3%
Dec 1993	-1.71%	-108.7%
Sep 1993	19.62%	-12.0%
Jun 1993	22.30%	+47.9%
Mar 1993	15.08%	+8.6%
Dec 1992	13.88%	-7.2%
Sep 1992	14.95%	-3.2%
Jun 1992	15.44%	-6.4%
Mar 1992	16.49%	+4.9%
Dec 1991	15.72%	-4.3%
Sep 1991	16.43%	+5.7%
Jun 1991	15.54%	+3.1%
Mar 1991	15.07%	+74.0%
Dec 1990	8.66%	-49.5%
Sep 1990	17.16%	-10.3%
Jun 1990	19.12%	-20.4%
Mar 1990	24.02%	+111.7%
Dec 1989	-204.92%	-15.1%
Dec 1988	-177.99%	+27.4%
Dec 1987	-245.33%	-22.6%
Dec 1986	-200.08%	+10.2%
Dec 1985	-222.85%	+15.2%
Dec 1984	-262.71%	-

FAQ

What is the current quarterly operating margin of PHM?: As of today, PHM quarterly operating margin is 15.27%
What is PHM quarterly operating margin most recent change?: PHM quarterly operating margin was down -0.78% on September 30, 2026
What is 1-year change in PHM quarterly operating margin?: PHM quarterly operating margin is down -11.63% year-over-year
How far is PHM quarterly operating margin from its all-time high?: PHM quarterly operating margin is currently -36.43% below its historical high of 24.02% set on March 31, 1990
How does PHM quarterly operating margin rank versus sector peers?: PHM quarterly operating margin is higher than 79.13% of companies in Consumer Cyclical sector
When is PHM next earnings release?: The next earnings release for PHM is on January 28, 2027

Operating Margin Formula

Operating Profit Margin = Operating Income

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