PulteGroup
0.91 %
-7.32 %
Yet to be announced
Company Overview
PulteGroup, Inc. acquires and develops land primarily for residential purposes; constructs housing on such land. As of December 31, 2021, it controlled 228,296 lots, of which 109,078 were owned and 119,218 were under land option agreements. The company arranges financing through the origination of mortgage loans primarily for homebuyers.
Revenue Sources
PassBased on the company's SEC filings and financial statements, PulteGroup's primary revenue streams come from home construction and sales, which are halal activities. Their financial services segment provides mortgage origination services, but they don't hold these mortgages - they sell them to third parties. This activity represents a service fee rather than interest income.
Reliance on Interest
| Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| March 31, 2025 | $3.89b | $3.22b | - | - | 0.00% | 0.00% |
| Dec. 31, 2024 | $4.92b | $3.76b | - | - | 0.00% | 0.00% |
| Sept. 30, 2024 | $4.48b | $3.58b | - | - | 0.00% | 0.00% |
| June 30, 2024 | $4.6b | $3.57b | - | $158,000 | 0.00% | 0.00% |
Looking at the last four quarters, PulteGroup's interest expense has been minimal relative to total expenses. The interest expense ratios were consistently below 0.01% of total expenses across all quarters analyzed. This indicates that interest-bearing debt plays an insignificant role in the company's operations.
Operational Ethics
PassBased on review of PulteGroup's operations and public disclosures, there is no evidence of significant ongoing associations with entities involved in human rights violations. The company's operations are primarily concentrated in the United States.
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