Jim Zoomer
Head of Investor Relations
Replay available
PulteGroup, Inc. (NYSE: PHM) Q2 2025 earnings conference call, held 2025-07-22. Replay captured from the company's public earnings webcast.

Head of Investor Relations
President and CEO
Executive Vice President and CFO
UBS Analyst
Zellman and Associates Analyst
J.P. Morgan Analyst
Evercore ISI Analyst
Barclays Analyst
SeaPark Global Analyst
Wolf Research Analyst
Wedbush Analyst
Bank of America Analyst
Goldman Sachs Analyst
RBC Capital Markets Analyst
If you would like to ask a question during this time, simply press star followed by the number one on your telephone keypad. If you would like to withdraw your question, press star one again. We do ask that you limit yourself to one question and one follow-up. Thank you. I would now like to turn the call over to Jim Zoomer. Please go ahead. Great. Thank you, Jeannie. Good morning, and thank you for joining today's call as we look forward to discussing Policy Group's second quarter operating and financial results. With me today are Ryan Marshall, President and CEO, Jim Osowski, Executive Vice President and CFO, and David Carrier, Senior VP of Finance. As always, a copy of our earnings release and this morning's presentation have been posted to our corporate website at policygroup.com. We will also post an audio replay of this call later today. I would highlight that today's presentation includes forward-looking statements about the company's expected future performance. Actual results could differ materially from those suggested by our comments made today. most significant risk factors that could affect future results are summarized as part of today's earnings release and within the accompanying presentation. These risk factors and other key information are detailed on our ICC filings, including our annual and quarterly reports. Now let me turn the call over to Ryan Marshall. Good morning and thank you for joining our call. As always, I appreciate the opportunity to update you on Multigroup and our work in delivering outstanding business results. Multigroup's earnings delivered strong closings, gross margins, and overhead leverage. Consistent with such results, we also continue to realize high returns as the company generated a return on equity of 23% for the trailing...