USPages > Business Directory > Construction Services > Centex Corporation

Centex Corporation

Industry: Construction Services

CTX operates in five principal business segments: Home Building, Financial Services, Construction Products, Construction Services and Investment Real Estate. For the 3 months ended 6/30/05, revenues rose 16% to $3.22B. Net income increased 32% to $233.7M. Revenues reflect increased conventional home sale closings and higher average sales prices. Net income also reflects a decrease in interest expense.

Centex Corporation is a residential construction company, whose principal operations is focused on residential and commercial construction, and related activities, including mortgage financing. During the fiscal year ended March 31, 2005, the Company's subsidiaries operated in three principal business segments: Home Building, Financial Services and Construction Services. Its conventional homebuilding subsidiary, Centex Homes, purchases and develops land or lots, and constructs and sells single-family homes, including resort and second home properties, and lots. The Financial Services operations consist primarily of home financing, sub-prime home equity lending and the sale of title insurance, and other insurance coverages, including property and casualty. The Construction Services segment provides a range of commercial contracting services, including construction management, general contracting, design-build and pre-construction services.

Centex Corporation's rank changes

The company's ranking in 2009 was a decline from 2008 when it was ranked 177th on the Fortune 500. The Previous ranking was based on its 2008 revenue of $14,293 million (a change of -6 million compared to 2009) and profits of $268 million (a change of -270 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 Centex Corporation would be ranked 571st rather than 308th due to the fact it made a loss of $-2,658 million in 2009.

* US$ Million

Ones to watch

In order to take 307th position in the Fortune 500, Centex Corporation will need to overtake Aon Corporation's revenue. With $8,406 million earned by Aon Corporation, Centex Corporation requires an improvement of $0 million to move up the list. Next in line to take Centex Corporation's place in 2011 was 309th ranked Campbell Soup Company with revenues of $8,391 million, which needed to earn $0 million more in order to catch up to Centex Corporation's ranking.

• Address
  • Centex Corporation
    2728 N. Harwood St
    Dallas
    TX
    75201
• Contact Details
  • Phone: 214-981-5000
  • Fax: 214-981-6859
  • Website: www.centex.com
  • Stock Symbol: CTX

Centex Corporation is not ranked in this year's Fortune 500