PulteGroup (PHM) FY2012 results: revenue $4.8 billion, up 16.5% on the year
PulteGroup Inc. (PHM) reported revenue of $4.8 billion for fiscal 2012, the year ended 31 December 2012, up 16.5% on the year before. Net income was $206 million, and diluted earnings per share $0.54. The figures are the company's own, from the 10-K it filed with the SEC on 6 February 2013.
Revenue
$4.8 billion
+16.5% on the year
FY2008FY2012
Operating margin
n/a
FY2008FY2012
Net income
$206 million
FY2008FY2012
Diluted EPS
$0.54
FY2008FY2012
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2012
FY2011
FY2010
On the year
Last 8 years
Revenue
4,820
4,137
4,569
+16.5%
Selling, general and administrative
514
520
895
-1.0%
Interest expense
0.8
1.3
2.7
-37.6%
Income tax
-22.6
-99.9
-138
Net income
206
-210
-1,097
Net margin
4.3%
-5.1%
-24.0%
Diluted EPS
$0.54
-$0.55
-$2.90
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2012
FY2011
FY2010
On the year
Last 8 years
Operating cash flow
760
17.3
592
+4,299.2%
Capital expenditure
13.9
21.2
15.2
-34.4%
Free cash flow
746
-4.0
577
Free cash flow margin
15.5%
-0.1%
12.6%
Cash from investing
9.7
-93.6
-19.5
Cash from financing
-448
-324
-948
Depreciation and amortisation
30.0
32.1
45.7
-6.5%
Share-based compensation
22.9
17.0
32.1
+34.9%
Buybacks
1.0
2.8
4.0
-66.1%
Dividends paid
0.0
0.0
0.0
Dividend per share
$0.00
$0.00
$0.00
Diluted shares, weighted
385m
380m
379m
+1.2%
Shares outstanding at period end
387m
383m
382m
+1.0%
Balance sheet
$ million
FY2012
FY2011
FY2010
On the year
Last 8 years
Shareholders' equity
2,190
1,939
2,135
+12.9%
Debt
2,648
3,088
3,392
-14.2%
Other liabilities
1,896
1,859
2,173
+2.0%
Total liabilities and equity
6,734
6,886
7,699
-2.2%
Fixed assets
44.2
53.2
59.3
-16.9%
Goodwill
n/a
0.0
241
Intangible assets
149
162
175
-8.1%
Cash and equivalents
1,405
1,083
1,483
+29.7%
Receivables
8.1
13.0
12.8
-37.7%
Other assets
5,128
5,574
5,728
-8.0%
Total assets
6,734
6,886
7,699
-2.2%
10-K for the year ended 31 December 2012, filed 6 February 2013: the filing.