PulteGroup, Inc. is one of the largest homebuilders in the United States, established in 1956. The company focuses primarily on homebuilding, generating 98% of its consolidated revenues from this segment, which includes the acquisition and development of residential land and construction of homes across diverse markets in the country. PulteGroup operates several well-known brands such as Centex, Pulte Homes, Del Webb, and others, offering a variety of home designs targeting different buyer segments including first-time, move-up, and active adult buyers.
In addition to homebuilding, PulteGroup has a financial services segment that includes mortgage banking, title, and insurance services, primarily through Pulte Mortgage LLC. This integrated approach allows for better control over homebuyers' financing needs, streamlining the overall process from home purchase to move-in. The company's strategy emphasizes operational efficiency, geographic and product diversification, and maintaining a favorable leverage profile while addressing the seasonal nature of the homebuilding industry and navigating regulatory complexities.