Strong Return on Equity
PulteGroup generated a return on equity of 23% for the trailing twelve months ended June 30, reflecting strong financial performance.
Florida Market Growth
Net new orders in Florida increased by 2% over the previous year, showcasing strength in the region despite challenges elsewhere.
Active Adult Segment Growth
The active adult segment saw a 9% increase in net new orders, supported by new community openings.
Controlled Land Pipeline
PulteGroup increased the total number of lots under control to approximately 250,000, with 60% being option lots, aligning with the target of 70% options.
Gross Margin Performance
Second quarter gross margin was 27.0%, at the top end of guidance, driven by a favorable mix of homes closed.