USPages > Business Directory > Construction Services > Pulte Homes

Pulte Homes

Industry: Construction Services

Pulte Homes, Inc. is a holding company whose subsidiaries are engaged in homebuilding and financial services businesses. For the 6 months ended 6/30/05, revenues rose 29% to $5.85B. Net income from continuing ops. rose 63% to $522.1M. Revenues reflect an increase in the number of homes closed, product mix shifts and higher average selling prices. Net income reflects benefits from leveraging construction costs.

Pulte Homes, Inc. is a holding company whose subsidiaries engage in the homebuilding and financial services businesses. The Company's principal direct subsidiaries include Pulte Diversified Companies, Inc. and Del Webb Corporation (Del Webb). Pulte Diversified Companies, Inc.'s principal operating subsidiaries include Pulte Home Corporation and Pulte International Corporation (International). The Company also has a mortgage banking company, Pulte Mortgage LLC (Pulte Mortgage), which is a subsidiary of Pulte Home Corporation. The Company has two operating business segments: Homebuilding and Financial Services. The Homebuilding segment consists of two business units: Domestic Homebuilding and International Homebuilding. The Financial Services segment consists principally of mortgage banking and title operations conducted through Pulte Mortgage and other subsidiaries. In January 2005, the Company sold all of its Argentina operations to Grupo Farallon, S.A.

Pulte Homes's rank changes

The company's ranking in 2009 was a decline from 2008 when it was ranked 282nd on the Fortune 500. The Previous ranking was based on its 2008 revenue of $9,263 million (a change of -3 million compared to 2009) and profits of $-2,256 million (a change of 1 million compared to 2009).

Another point of view

To many investors, profits are more important than revenue a company earns, If the Fortune 500 was ranked by profits instead of revenue then Pulte Homes would be ranked 555th rather than 393rd due to the fact it made a loss of $-1,473 million in 2009.

* US$ Million

Ones to watch

In order to take 392nd position in the Fortune 500, Pulte Homes will need to overtake Omnicare, Incorporated's revenue. With $6,311 million earned by Omnicare, Incorporated, Pulte Homes requires an improvement of $0 million to move up the list. Next in line to take Pulte Homes's place in 2011 was 394th ranked Visa with revenues of $6,263 million, which needed to earn $0 million more in order to catch up to Pulte Homes's ranking.

• Address
  • Pulte Homes
    100 Bloomfield Hills Parkway Suite 300
    Bloomfield Hill
    MI
    48304
• Contact Details
  • Phone: 248-647-2750
  • Fax: 248-433-4599
  • Website: www.pulte.com
  • Stock Symbol: PHM

Pulte Homes is not ranked in this year's Fortune 500