Pultegroup, Inc. · NYSE:PHM

Pultegroup — Q3 2015 Earnings Presentation

10 slides from Pultegroup's earnings presentation, Oct 22, 2015

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

    PulteGroup, Inc. Summary of Financial Results Third 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 Q3 2015 Financial Results

    Review of Q3 2015 Financial Results 3

  5. Slide 5: Q3 2015 Financial Highlights

    Q3 2015 Financial Highlights  Signup value increased 17% to LOTS UNDER CONTROL 150,000 $1.5 billion; unit signups increased Owned Optioned 8% to 4,092 homes 125,000  Q3 signup absorption pace increased 6% over 2014 100,000  Backlog value up 18% to $3.1 billion; unit backlog up 10% to 75,000 8,734

  6. Slide 6: Q3 2015 Financial Highlights

    Q3 2015 Financial Highlights  Home sale revenues of $1.5 billion Q3 Closings by Buyer Group  Revenues reflect a 6% decrease in closings to 4,356 homes, partially offset by a 1% increase in average selling price to $336,000  Gross margin of 23.6% increased 32% 33% 70 bps over prior year and 30 bps

  7. Slide 7: Capital Allocation Aligned with Stated Priorities

    Capital Allocation Aligned with Stated Priorities  Invested $586 million in land 60% Total Debt-to-Capital development and acquisition  Repurchased 5.9 million 50% shares for $121 million, or 40% $20.29 per share  Entered into a new $500 30% million Term Loan Agreement 20%  Quarter end debt-to-c

  8. Slide 8: Q3 2015 Selected Financial Data

    Q3 2015 Selected Financial Data Three Months Ended September 30, 2015 2014 Homebuilding Home Sale Revenues ($ millions) $1,464 $1,551 Homebuilding Pretax Income ($ millions) $165 $214 Backlog (Units) 8,734 7,934 Backlog (Dollar Value in millions) $3,089 $2,615 Financial Services Pretax Income ($ mil

  9. Slide 9: Q3 2015 Balance Sheet Data

    Q3 2015 Balance Sheet Data September 30, 2015 December 31, 2014 ($ millions) Cash and Equivalents $760 $1,309 (including restricted cash) House and Land Inventory $5,241 $4,392 Debt $2,084 $1,819 Shareholders’ Equity $4,572 $4,805 Debt – to – Capitalization Ratio 31% 27% 8

  10. Slide 10: Slide 10

PulteGroup — Q3 2015 Earnings Presentation on 6ix