Pultegroup, Inc. · NYSE:PHM

Pultegroup — Q4 2015 Earnings Presentation

11 slides from Pultegroup's earnings presentation, Jan 28, 2016

  1. Slide 1: PulteGroup, Inc. Summary of Financial Results Fourth Quarter 2015

    PulteGroup, Inc. Summary of Financial Results Fourth Quarter 2015

  2. Slide 2: Forward-Looking Statements

    Forward-Looking Statements This presentation includes “forward-looking statements.” These statements are subject to a number of risks, uncertainties and other factors that could cause our actual results, performance, prospects or opportunities, as well as those of the markets we serve or intend to s

  3. Slide 3: PulteGroup, Inc. Executives

    PulteGroup, Inc. Executives Richard Bob Jim Jim Dugas O’Shaughnessy Ossowski Zeumer Chairman, Executive Vice President, Vice President, President Vice President Finance and Investor Relations and CEO and CFO Controller and Corporate Communications 2

  4. Slide 4: Review of Q4 2015 Financial Results

    Review of Q4 2015 Financial Results 3

  5. Slide 5: Q4 2015 Financial Highlights

    Q4 2015 Financial Highlights  Q4 earnings of $0.64 includes $0.07 per share benefit from reversal of certain mortgage and construction related insurance reserves  Prior year earnings of $0.58 per share included $0.16 per share of tax and insurance benefits  Net new orders increased 13% to 3,659 h

  6. Slide 6: Q4 2015 Financial Highlights

    Q4 2015 Financial Highlights  Home sale revenues increased 12% to $2.0 billion Q4 Closings by Buyer Group  Closings increase 7% to 5,662 homes  Average sales price up 6% • First-time buyer price gained 3% to 29% 31% $263,000 • Move-up buyer price gained 1% to $420,000 • Active-adult buyer price g

  7. Slide 7: Acquired Certain Assets of John Wieland Homes and Neighborhoods

    Acquired Certain Assets of John Wieland Homes and Neighborhoods  John Wieland is recognized as one of the country's premier builders of move-up and luxury homes  Acquisition announced December 16, 2015 and closed January 14, 2016  Acquiring approximately 7,000 lots in key southeastern cities: Atl

  8. Slide 8: Capital Allocation Aligned with Stated Priorities

    Capital Allocation Aligned with Stated Priorities 2015 Lot Position By  Q4 2015 land acquisition Buyer Group 175,000 investment of $485 million First-Time Move-Up Active Adult and land development 150,000 spend of $304 million  Invested $1.2 billion in 2015 for 125,000 land acquisition 100,000  A

  9. Slide 9: Selected Financial Data

    Q4 2015 Selected Financial Data Three Months Ended December 31, 2015 2014 Homebuilding Home Sale Revenues ($ millions) $1,997 $1,776 Homebuilding Pretax Income ($ millions) $344 $254 Backlog (Units) 6,731 5,850 Backlog (Dollar Value in millions) $2,457 $1,944 Financial Services Pretax Income ($ mill

  10. Slide 10: Balance Sheet Data

    Q4 2015 Balance Sheet Data December 31, 2015 December 31, 2014 ($ millions) Cash and Equivalents $775 $1,309 (including restricted cash) House and Land Inventory $5,450 $4,392 Debt $2,085 $1,819 Shareholders’ Equity $4,759 $4,805 Debt – to – Capitalization Ratio 30% 27% 9

  11. Slide 11: Slide 11

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