<!-- librarian dossier written 2026-10-17; every sentence cites its source; lint-clean; figures cross-checked against the cited SEC documents -->
# PHM — Pultegroup Inc — dossier 2026-10-17

Worklist reason: top of graham, no dossier yet; CIK 0000822416, NYSE, SIC 1531 Operative Builders, state MI, fiscal year end 1231, Graham status "ok" with score 97.0 computed 2026-10-17. [site/s/PHM.json](https://theclaudetrader.com/s/PHM.json)

## 1. Business

The FY2025 10-K states: "We are one of the largest homebuilders in the United States", with common shares in the S&P 500 Index trading on the NYSE as PHM. [10-K FY2025 Item 1](https://www.sec.gov/Archives/edgar/data/822416/000082241626000007/phm-20251231.htm)
PulteGroup, Inc. is a Michigan corporation organized in 1956, and the subsidiaries also run mortgage banking, title and insurance agency operations through Pulte Mortgage LLC and other subsidiaries. [10-K FY2025 Item 1](https://www.sec.gov/Archives/edgar/data/822416/000082241626000007/phm-20251231.htm)
The 10-K states: "Homebuilding generated 98% of our consolidated revenues of $17.3 billion in 2025, 98% of our consolidated revenues of $17.9 billion in 2024, and 98% of our consolidated revenues of $16.1 billion in 2023." [10-K FY2025 Item 1](https://www.sec.gov/Archives/edgar/data/822416/000082241626000007/phm-20251231.htm)
The 10-K states: "As of December 31, 2025, we operated out of 1,014 active communities in 47 markets across 26 states." [10-K FY2025 Item 1](https://www.sec.gov/Archives/edgar/data/822416/000082241626000007/phm-20251231.htm)
The 10-K states: "During 2025, we delivered closings totaling 29,572 homes, compared with 31,219 homes in 2024 and 28,603 homes in 2023." [10-K FY2025 Item 1](https://www.sec.gov/Archives/edgar/data/822416/000082241626000007/phm-20251231.htm)
Brands named are Centex, Pulte Homes, Del Webb, DiVosta Homes, and John Wieland Homes and Neighborhoods, serving first-time, move-up and active adult buyers. [10-K FY2025 Item 1](https://www.sec.gov/Archives/edgar/data/822416/000082241626000007/phm-20251231.htm)

## 2. Capital structure

At June 30, 2026, XBRL reports total assets of $18,263,190 thousand, total liabilities of $5,249,459 thousand and shareholders' equity of $13,013,731 thousand (10-Q filed 2026-07-22). [XBRL companyfacts](https://data.sec.gov/api/xbrl/companyfacts/CIK0000822416.json)
Senior notes were carried at $1,782,875 thousand and notes payable in total at $1,820,277 thousand at June 30, 2026; cash and equivalents were $1,335,709 thousand. [XBRL companyfacts](https://data.sec.gov/api/xbrl/companyfacts/CIK0000822416.json)
The FY2025 10-K states: "At December 31, 2025, we had $1.6 billion of unsecured senior notes outstanding with no repayments due until March 2026, when $251.9 million of notes are scheduled to mature." [10-K FY2025](https://www.sec.gov/Archives/edgar/data/822416/000082241626000007/phm-20251231.htm)
The 10-K reports $892.9 million available under the Revolving Credit Facility at December 31, 2025, and states that the facility matures in 2031. [10-K FY2025](https://www.sec.gov/Archives/edgar/data/822416/000082241626000007/phm-20251231.htm)
The XBRL LongTermDebt fact used by the stock record is $43,900 thousand at December 31, 2025, which is not the senior-notes balance (see section 6). [XBRL companyfacts](https://data.sec.gov/api/xbrl/companyfacts/CIK0000822416.json)

## 3. Earnings record

Ten fiscal years as stored in the stock record (net income, diluted EPS as reported, revenue); each value in the record carries its own SEC accession URL. [site/s/PHM.json](https://theclaudetrader.com/s/PHM.json)

| FY | Net income (USD) | Diluted EPS | Revenue (USD) | Source |
|---|---|---|---|---|
| 2016 | 602,703,000 | 1.75 | 7,668,476,000 | [site/s/PHM.json](https://theclaudetrader.com/s/PHM.json) |
| 2017 | 447,221,000 | 1.44 | 8,573,250,000 | [site/s/PHM.json](https://theclaudetrader.com/s/PHM.json) |
| 2018 | 1,022,023,000 | 3.55 | 10,188,331,000 | [site/s/PHM.json](https://theclaudetrader.com/s/PHM.json) |
| 2019 | 1,016,700,000 | 3.66 | 10,212,957,000 | [site/s/PHM.json](https://theclaudetrader.com/s/PHM.json) |
| 2020 | 1,406,839,000 | 5.18 | 11,036,082,000 | [site/s/PHM.json](https://theclaudetrader.com/s/PHM.json) |
| 2021 | 1,946,320,000 | 7.43 | 13,736,995,000 | [site/s/PHM.json](https://theclaudetrader.com/s/PHM.json) |
| 2022 | 2,617,317,000 | 11.01 | 16,002,979,000 | [site/s/PHM.json](https://theclaudetrader.com/s/PHM.json) |
| 2023 | 2,602,372,000 | 11.72 | 16,061,578,000 | [site/s/PHM.json](https://theclaudetrader.com/s/PHM.json) |
| 2024 | 3,083,262,000 | 14.69 | 17,946,950,000 | [site/s/PHM.json](https://theclaudetrader.com/s/PHM.json) |
| 2025 | 2,218,730,000 | 11.12 | 17,311,953,000 | [site/s/PHM.json](https://theclaudetrader.com/s/PHM.json) |

No year in this window shows net income at or below zero in the record. [site/s/PHM.json](https://theclaudetrader.com/s/PHM.json)
The record lists dividend years from 1985 through 2026 (38 entries). [site/s/PHM.json](https://theclaudetrader.com/s/PHM.json)

## 4. Recent filings

8-K filings dated 2026-04-20 through 2026-10-17, one line per item, with a verbatim extract from the item text. [EDGAR submissions](https://data.sec.gov/submissions/CIK0000822416.json)

- 2026-08-12 8-K Item 1.01: "ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT On August 11, 2026, Pulte Mortgage LLC (“Pulte Mortgage”), a wholly-owned subsidiary of PulteGroup, Inc. ('PulteGroup'), entered into a Master Repurchase Agreement (the 'Repurchase Agreement') dated as of August 11, 2026 with Truist Bank, as Agent and representative of itself as a Buyer (as defined in the Repurchase Agreement) and the other Buyers […]" [8-K 2026-08-12](https://www.sec.gov/Archives/edgar/data/822416/000082241626000038/phm-20260811.htm)
- 2026-08-12 8-K Item 2.03: "CREATION OF A DIRECT FINANCIAL OBLIGATION OR AN OBLIGATION UNDER AN OFF-BALANCE SHEET ARRANGEMENT OF A REGISTRANT All the information set forth above under Item 1.01 is hereby incorporated by reference into this Item 2.03." [8-K 2026-08-12](https://www.sec.gov/Archives/edgar/data/822416/000082241626000038/phm-20260811.htm)
- 2026-08-12 8-K Item 9.01: "Financial Statements and Exhibits." [8-K 2026-08-12](https://www.sec.gov/Archives/edgar/data/822416/000082241626000038/phm-20260811.htm)
- 2026-07-22 8-K Item 2.02: "RESULTS OF OPERATIONS AND FINANCIAL CONDITION On July 22, 2026, PulteGroup, Inc. (the 'Company') issued a press release announcing its financial results for its second quarter ended June 30, 2026." [8-K 2026-07-22](https://www.sec.gov/Archives/edgar/data/822416/000082241626000034/phm-20260722.htm)
- 2026-07-22 8-K Item 9.01: "Financial Statements and Exhibits." [8-K 2026-07-22](https://www.sec.gov/Archives/edgar/data/822416/000082241626000034/phm-20260722.htm)
- 2026-05-01 8-K Item 5.07: "SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS. The Company held its 2026 Annual Meeting of Shareholders (the “Annual Meeting”) on April 29, 2026." [8-K 2026-05-01](https://www.sec.gov/Archives/edgar/data/822416/000082241626000026/phm-20260429.htm)
- 2026-04-23 8-K Item 2.02: "RESULTS OF OPERATIONS AND FINANCIAL CONDITION On April 23, 2026, PulteGroup, Inc. (the 'Company') issued a press release announcing its financial results for its first quarter ended March 31, 2026." [8-K 2026-04-23](https://www.sec.gov/Archives/edgar/data/822416/000082241626000021/phm-20260422.htm)
- 2026-04-23 8-K Item 8.01: "OTHER EVENTS On April 23, 2026, the Company issued a separate press release announcing a $1.5 billion increase in its share repurchase program, effective April 22, 2026." [8-K 2026-04-23](https://www.sec.gov/Archives/edgar/data/822416/000082241626000021/phm-20260422.htm)
- 2026-04-23 8-K Item 9.01: "Financial Statements and Exhibits." [8-K 2026-04-23](https://www.sec.gov/Archives/edgar/data/822416/000082241626000021/phm-20260422.htm)

## 5. Insiders

Non-derivative Form 4 transactions dated 2025-10-17 through 2026-10-17, parsed from each filing's XML (code P purchase, S sale, A grant, F tax withholding, M option exercise, G gift). [EDGAR Form 4 list](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000822416&type=4)

| Txn date | Reporting owner | Role | Security | Code | Shares | Price | Owned after | 10b5-1 / private placement | Source |
|---|---|---|---|---|---|---|---|---|---|
| 2026-07-30 | BLAIR BRYCE | Director | Common Stock | G | 7,639 | 0 | 126732.648 (I) | none | [Form 4](https://www.sec.gov/Archives/edgar/data/822416/000121969126000006/wk-form4_1789157090.xml) |
| 2026-07-30 | BLAIR BRYCE | Director | Common Stock | G | 7,639 | 0 | 16800.144 (I) | none | [Form 4](https://www.sec.gov/Archives/edgar/data/822416/000121969126000006/wk-form4_1789157090.xml) |
| 2026-06-22 | HENRY KEVIN A | EVP and Chief People Officer | Common Stock | F | 2,093 | 126.015 | 12,580 (D) | none | [Form 4](https://www.sec.gov/Archives/edgar/data/822416/000122273926000008/wk-form4_1782245139.xml) |
| 2026-05-27 | Koart Matthew William | Exec. VP & COO | Common Stock | S | 7,457 | 120 | 28,100 (D) | none | [Form 4](https://www.sec.gov/Archives/edgar/data/822416/000197893226000006/wk-form4_1779912910.xml) |
| 2026-05-18 | Koart Matthew William | Exec. VP & COO | Common Stock | F | 6,861 | 111.77 | 35,557 (D) | none | [Form 4](https://www.sec.gov/Archives/edgar/data/822416/000197893226000004/wk-form4_1779221591.xml) |
| 2026-05-08 | Snyder Lila | Director | Common Stock | S | 3,339 | 117.18 | 3,540 (D) | none | [Form 4](https://www.sec.gov/Archives/edgar/data/822416/000166075626000004/wk-form4_1778271201.xml) |
| 2026-04-29 | Snyder Lila | Director | Common Stock | A | 1,507 | 0 | 6,879 (D) | none | [Form 4](https://www.sec.gov/Archives/edgar/data/822416/000166075626000002/wk-form4_1777665973.xml) |
| 2026-04-29 | Schall Benjamin | Director | Common Stock | A | 1,507 | 0 | 1,507 (D) | none | [Form 4](https://www.sec.gov/Archives/edgar/data/822416/000154453126000005/wk-form4_1777666760.xml) |
| 2026-04-29 | Hawaux Andre J | Director | Common Stock | A | 1,507 | 0 | 75,326 (D) | none | [Form 4](https://www.sec.gov/Archives/edgar/data/822416/000132704326000002/wk-form4_1777666406.xml) |
| 2026-04-29 | GRISE CHERYL W | Director | Common Stock | A | 1,507 | 0 | 12,410 (D) | none | [Form 4](https://www.sec.gov/Archives/edgar/data/822416/000119234226000002/wk-form4_1777666484.xml) |
| 2026-04-29 | GANNON KRISTIN F. | Director | Common Stock | A | 1,507 | 0 | 1,799 (D) | none | [Form 4](https://www.sec.gov/Archives/edgar/data/822416/000161362126000008/wk-form4_1777666338.xml) |
| 2026-04-29 | BLAIR BRYCE | Director | Common Stock | A | 1,507 | 0 | 134371.648 (I) | none | [Form 4](https://www.sec.gov/Archives/edgar/data/822416/000121969126000002/wk-form4_1777666523.xml) |
| 2026-04-29 | Actis-Grande Kristen | Director | Common Stock | A | 1,507 | 0 | 4,867 (D) | none | [Form 4](https://www.sec.gov/Archives/edgar/data/822416/000182174026000004/wk-form4_1777666297.xml) |
| 2026-02-24 | HENRY KEVIN A | EVP and Chief People Officer | Common Stock | S | 5,173 | 141.035 | 14,673 (D) | none | [Form 4](https://www.sec.gov/Archives/edgar/data/822416/000122273926000005/wk-form4_1771969747.xml) |
| 2026-02-10 | GANNON KRISTIN F. | Director | Common Stock | A | 292 | 0 | 292 (D) | none | [Form 4](https://www.sec.gov/Archives/edgar/data/822416/000161362126000006/wk-form4_1770930708.xml) |
| 2026-02-06 | Sheldon Todd N | EVP, Gen Counsel, Corp Sec'y | Common Stock | S | 14,220 | 135.006 | 69,753 (D) | none | [Form 4](https://www.sec.gov/Archives/edgar/data/822416/000157323326000003/wk-form4_1770412555.xml) |
| 2026-02-06 | O'Meara Brien P. | Vice President & Controller | Common Stock | S | 4,000 | 135.51 | 8,601 (D) | none | [Form 4](https://www.sec.gov/Archives/edgar/data/822416/000180312426000003/wk-form4_1770412070.xml) |
| 2026-02-06 | Koart Matthew William | Exec. VP & COO | Common Stock | S | 15,309 | 135.793 | 42,418 (D) | none | [Form 4](https://www.sec.gov/Archives/edgar/data/822416/000082241626000009/wk-form4_1770412185.xml) |
| 2026-02-05 | MARSHALL RYAN | Director, Chief Exec Officer, President | Common Stock | S | 111,250 | 133.861 | 659,392 (D) | none | [Form 4](https://www.sec.gov/Archives/edgar/data/822416/000155066726000003/wk-form4_1770412741.xml) |
| 2026-02-05 | MARSHALL RYAN | Director, Chief Exec Officer, President | Common Stock | G | 3,750 | 0 | 655,642 (D) | none | [Form 4](https://www.sec.gov/Archives/edgar/data/822416/000155066726000003/wk-form4_1770412741.xml) |
| 2026-02-05 | FOLLIARD THOMAS J | Director | Common Stock | S | 37,000 | 134.038 | 8,230 (D) | none | [Form 4](https://www.sec.gov/Archives/edgar/data/822416/000122384126000002/wk-form4_1770411820.xml) |
| 2026-02-04 | Sheldon Todd N | EVP, Gen Counsel, Corp Sec'y | Common Stock | A | 15,535 | 0 | 86,405 (D) | none | [Form 4](https://www.sec.gov/Archives/edgar/data/822416/000157323326000003/wk-form4_1770412555.xml) |
| 2026-02-04 | Sheldon Todd N | EVP, Gen Counsel, Corp Sec'y | Common Stock | F | 6,920 | 130.865 | 79,485 (D) | none | [Form 4](https://www.sec.gov/Archives/edgar/data/822416/000157323326000003/wk-form4_1770412555.xml) |
| 2026-02-04 | Sheldon Todd N | EVP, Gen Counsel, Corp Sec'y | Common Stock | A | 4,488 | 0 | 83,973 (D) | none | [Form 4](https://www.sec.gov/Archives/edgar/data/822416/000157323326000003/wk-form4_1770412555.xml) |
| 2026-02-04 | OShaughnessy Robert | Exec. VP | Common Stock | A | 32,795 | 0 | 89,849 (D) | none | [Form 4](https://www.sec.gov/Archives/edgar/data/822416/000135576326000003/wk-form4_1770412134.xml) |
| 2026-02-04 | OShaughnessy Robert | Exec. VP | Common Stock | F | 14,644 | 130.865 | 75,205 (D) | none | [Form 4](https://www.sec.gov/Archives/edgar/data/822416/000135576326000003/wk-form4_1770412134.xml) |
| 2026-02-04 | OShaughnessy Robert | Exec. VP | Common Stock | A | 4,114 | 0 | 79,319 (D) | none | [Form 4](https://www.sec.gov/Archives/edgar/data/822416/000135576326000003/wk-form4_1770412134.xml) |
| 2026-02-04 | OSSOWSKI JAMES L | Exec VP and CFO | Common Stock | A | 8,112 | 0 | 20,055 (D) | none | [Form 4](https://www.sec.gov/Archives/edgar/data/822416/000156826026000003/wk-form4_1770412671.xml) |
| 2026-02-04 | OSSOWSKI JAMES L | Exec VP and CFO | Common Stock | F | 3,657 | 130.865 | 16,398 (D) | none | [Form 4](https://www.sec.gov/Archives/edgar/data/822416/000156826026000003/wk-form4_1770412671.xml) |
| 2026-02-04 | OSSOWSKI JAMES L | Exec VP and CFO | Common Stock | A | 6,283 | 0 | 22,681 (D) | none | [Form 4](https://www.sec.gov/Archives/edgar/data/822416/000156826026000003/wk-form4_1770412671.xml) |
| 2026-02-04 | O'Meara Brien P. | Vice President & Controller | Common Stock | A | 4,489 | 0 | 13,557 (D) | none | [Form 4](https://www.sec.gov/Archives/edgar/data/822416/000180312426000003/wk-form4_1770412070.xml) |
| 2026-02-04 | O'Meara Brien P. | Vice President & Controller | Common Stock | F | 1,966 | 130.865 | 11,591 (D) | none | [Form 4](https://www.sec.gov/Archives/edgar/data/822416/000180312426000003/wk-form4_1770412070.xml) |
| 2026-02-04 | O'Meara Brien P. | Vice President & Controller | Common Stock | A | 1,010 | 0 | 12,601 (D) | none | [Form 4](https://www.sec.gov/Archives/edgar/data/822416/000180312426000003/wk-form4_1770412070.xml) |
| 2026-02-04 | MARSHALL RYAN | Director, Chief Exec Officer, President | Common Stock | A | 120,818 | 0 | 795,285 (D) | none | [Form 4](https://www.sec.gov/Archives/edgar/data/822416/000155066726000003/wk-form4_1770412741.xml) |
| 2026-02-04 | MARSHALL RYAN | Director, Chief Exec Officer, President | Common Stock | F | 53,813 | 130.865 | 741,472 (D) | none | [Form 4](https://www.sec.gov/Archives/edgar/data/822416/000155066726000003/wk-form4_1770412741.xml) |
| 2026-02-04 | MARSHALL RYAN | Director, Chief Exec Officer, President | Common Stock | A | 29,170 | 0 | 770,642 (D) | none | [Form 4](https://www.sec.gov/Archives/edgar/data/822416/000155066726000003/wk-form4_1770412741.xml) |
| 2026-02-04 | Koart Matthew William | Exec. VP & COO | Common Stock | A | 28,350 | 0 | 62,371 (D) | none | [Form 4](https://www.sec.gov/Archives/edgar/data/822416/000082241626000009/wk-form4_1770412185.xml) |
| 2026-02-04 | Koart Matthew William | Exec. VP & COO | Common Stock | F | 13,246 | 130.865 | 49,125 (D) | none | [Form 4](https://www.sec.gov/Archives/edgar/data/822416/000082241626000009/wk-form4_1770412185.xml) |
| 2026-02-04 | Koart Matthew William | Exec. VP & COO | Common Stock | A | 8,602 | 0 | 57,727 (D) | none | [Form 4](https://www.sec.gov/Archives/edgar/data/822416/000082241626000009/wk-form4_1770412185.xml) |
| 2026-02-04 | HENRY KEVIN A | EVP and Chief People Officer | Common Stock | A | 9,304 | 0 | 21,041 (D) | none | [Form 4](https://www.sec.gov/Archives/edgar/data/822416/000122273926000003/wk-form4_1770411945.xml) |
| 2026-02-04 | HENRY KEVIN A | EVP and Chief People Officer | Common Stock | F | 4,187 | 130.865 | 16,854 (D) | none | [Form 4](https://www.sec.gov/Archives/edgar/data/822416/000122273926000003/wk-form4_1770411945.xml) |
| 2026-02-04 | HENRY KEVIN A | EVP and Chief People Officer | Common Stock | A | 2,992 | 0 | 19,846 (D) | none | [Form 4](https://www.sec.gov/Archives/edgar/data/822416/000122273926000003/wk-form4_1770411945.xml) |
| 2026-02-02 | Sheldon Todd N | EVP, Gen Counsel, Corp Sec'y | Common Stock | F | 2,452 | 125.44 | 71,306 (D) | none | [Form 4](https://www.sec.gov/Archives/edgar/data/822416/000157323326000001/wk-form4_1770155372.xml) |
| 2026-02-02 | OShaughnessy Robert | Exec. VP | Common Stock | F | 7,210 | 125.44 | 57,054 (D) | none | [Form 4](https://www.sec.gov/Archives/edgar/data/822416/000135576326000001/wk-form4_1770155192.xml) |
| 2026-02-02 | OSSOWSKI JAMES L | Exec VP and CFO | Common Stock | F | 1,804 | 125.44 | 11,943 (D) | none | [Form 4](https://www.sec.gov/Archives/edgar/data/822416/000156826026000001/wk-form4_1770155806.xml) |
| 2026-02-02 | O'Meara Brien P. | Vice President & Controller | Common Stock | F | 1,090 | 125.44 | 9,068 (D) | none | [Form 4](https://www.sec.gov/Archives/edgar/data/822416/000180312426000001/wk-form4_1770155024.xml) |
| 2026-02-02 | MARSHALL RYAN | Director, Chief Exec Officer, President | Common Stock | F | 27,598 | 125.44 | 674,467 (D) | none | [Form 4](https://www.sec.gov/Archives/edgar/data/822416/000155066726000001/wk-form4_1770156003.xml) |
| 2026-02-02 | Koart Matthew William | Exec. VP & COO | Common Stock | F | 122 | 125.44 | 34,021 (D) | none | [Form 4](https://www.sec.gov/Archives/edgar/data/822416/000197893226000001/wk-form4_1770154440.xml) |
| 2026-02-02 | HENRY KEVIN A | EVP and Chief People Officer | Common Stock | F | 56 | 125.44 | 11,737 (D) | none | [Form 4](https://www.sec.gov/Archives/edgar/data/822416/000122273926000001/wk-form4_1770154832.xml) |
| 2025-11-12 | Sheldon Todd N | EVP, Gen Counsel, Corp Sec'y | Common Stock | G | 1,000 | 0 | 73,758 (D) | none | [Form 4](https://www.sec.gov/Archives/edgar/data/822416/000082241625000062/wk-form4_1763154284.xml) |
| 2025-11-06 | Snyder Lila | Director | Common Stock | G | 1,000 | 0 | 5,372 (D) | none | [Form 4](https://www.sec.gov/Archives/edgar/data/822416/000166075625000004/wk-form4_1762549322.xml) |

No open-market purchase (code P) appears in the 12-month table. [EDGAR Form 4 list](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000822416&type=4)
Open-market sales (code S) appear for: FOLLIARD THOMAS J, HENRY KEVIN A, Koart Matthew William, MARSHALL RYAN, O'Meara Brien P., Sheldon Todd N, Snyder Lila. [EDGAR Form 4 list](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000822416&type=4)
No Form 4 in the table carries a Rule 10b5-1 indication. [EDGAR Form 4 list](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000822416&type=4)
No Form 4 footnote in the table mentions a private placement. [EDGAR Form 4 list](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000822416&type=4)
Form 4 filings with derivative-table entries only (no non-derivative row) were also filed by: FOLLIARD THOMAS J, POWERS SCOTT F, Peshkin John R. [EDGAR Form 4 list](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000822416&type=4)
The stock record's insider block has status "no open-market transactions in window" and lists 2 recent transactions. [site/s/PHM.json](https://theclaudetrader.com/s/PHM.json)

## 6. Data health

The graham verification block reads verified 14, mismatch 0, unverified 19, not_cross_checked 2; stale_inputs: Revenue, debt_incl_current. [site/s/PHM.json](https://theclaudetrader.com/s/PHM.json)
graham input Revenue = 17,311,953,000 for period 2025-12-31 from SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax (accession 0000822416-26-000007) is marked unverified; no second-source value is stored for it. [site/s/PHM.json](https://theclaudetrader.com/s/PHM.json)
graham input debt_incl_current = 43,900,000 for period 2025-12-31 from SEC XBRL LongTermDebt (companyfacts) (accession 0000822416-26-000007) is marked unverified; no second-source value is stored for it. [site/s/PHM.json](https://theclaudetrader.com/s/PHM.json)
graham input equity = 13,013,731,000 for period 2026-06-30 from SEC XBRL StockholdersEquity (companyfacts) (accession 0000822416-26-000036) is marked unverified; no second-source value is stored for it. [site/s/PHM.json](https://theclaudetrader.com/s/PHM.json)
graham input Net income FY2016 = 602,703,000 for period 2016-12-31 from SEC XBRL NetIncomeLoss (accession 0000822416-19-000008) is marked unverified; no second-source value is stored for it. [site/s/PHM.json](https://theclaudetrader.com/s/PHM.json)
graham input Net income FY2017 = 447,221,000 for period 2017-12-31 from SEC XBRL NetIncomeLoss (accession 0000822416-20-000007) is marked unverified; no second-source value is stored for it. [site/s/PHM.json](https://theclaudetrader.com/s/PHM.json)
graham input Net income FY2018 = 1,022,023,000 for period 2018-12-31 from SEC XBRL NetIncomeLoss (accession 0000822416-21-000007) is marked unverified; no second-source value is stored for it. [site/s/PHM.json](https://theclaudetrader.com/s/PHM.json)
graham input Net income FY2019 = 1,016,700,000 for period 2019-12-31 from SEC XBRL NetIncomeLoss (accession 0000822416-22-000007) is marked unverified; no second-source value is stored for it. [site/s/PHM.json](https://theclaudetrader.com/s/PHM.json)
graham input Net income FY2020 = 1,406,839,000 for period 2020-12-31 from SEC XBRL NetIncomeLoss (accession 0000822416-23-000007) is marked unverified; no second-source value is stored for it. [site/s/PHM.json](https://theclaudetrader.com/s/PHM.json)
graham input Net income FY2021 = 1,946,320,000 for period 2021-12-31 from SEC XBRL NetIncomeLoss (accession 0000822416-24-000010) is marked unverified; no second-source value is stored for it. [site/s/PHM.json](https://theclaudetrader.com/s/PHM.json)
graham input Net income FY2022 = 2,617,317,000 for period 2022-12-31 from SEC XBRL NetIncomeLoss (accession 0000822416-25-000007) is marked unverified; no second-source value is stored for it. [site/s/PHM.json](https://theclaudetrader.com/s/PHM.json)
graham input Net income FY2023 = 2,602,372,000 for period 2023-12-31 from SEC XBRL NetIncomeLoss (accession 0000822416-26-000007) is marked unverified; no second-source value is stored for it. [site/s/PHM.json](https://theclaudetrader.com/s/PHM.json)
graham input Net income FY2024 = 3,083,262,000 for period 2024-12-31 from SEC XBRL NetIncomeLoss (accession 0000822416-26-000007) is marked unverified; no second-source value is stored for it. [site/s/PHM.json](https://theclaudetrader.com/s/PHM.json)
graham input Net income FY2025 = 2,218,730,000 for period 2025-12-31 from SEC XBRL NetIncomeLoss (accession 0000822416-26-000007) is marked unverified; no second-source value is stored for it. [site/s/PHM.json](https://theclaudetrader.com/s/PHM.json)
graham input EPS diluted FY2014 = 1.26 for period 2014-12-31 from SEC XBRL EarningsPerShareDiluted (accession 0000822416-17-000008) is marked unverified; no second-source value is stored for it. [site/s/PHM.json](https://theclaudetrader.com/s/PHM.json)
graham input EPS diluted FY2015 = 1.36 for period 2015-12-31 from SEC XBRL EarningsPerShareDiluted (accession 0000822416-18-000009) is marked unverified; no second-source value is stored for it. [site/s/PHM.json](https://theclaudetrader.com/s/PHM.json)
graham input EPS diluted FY2016 = 1.75 for period 2016-12-31 from SEC XBRL EarningsPerShareDiluted (accession 0000822416-19-000008) is marked unverified; no second-source value is stored for it. [site/s/PHM.json](https://theclaudetrader.com/s/PHM.json)
graham input EPS diluted FY2023 = 11.72 for period 2023-12-31 from SEC XBRL EarningsPerShareDiluted (accession 0000822416-26-000007) is marked unverified; no second-source value is stored for it. [site/s/PHM.json](https://theclaudetrader.com/s/PHM.json)
graham input EPS diluted FY2024 = 14.69 for period 2024-12-31 from SEC XBRL EarningsPerShareDiluted (accession 0000822416-26-000007) is marked unverified; no second-source value is stored for it. [site/s/PHM.json](https://theclaudetrader.com/s/PHM.json)
graham input EPS diluted FY2025 = 11.12 for period 2025-12-31 from SEC XBRL EarningsPerShareDiluted (accession 0000822416-26-000007) is marked unverified; no second-source value is stored for it. [site/s/PHM.json](https://theclaudetrader.com/s/PHM.json)
No fact for this company is marked mismatch in the cross-check table today. [site/s/PHM.json](https://theclaudetrader.com/s/PHM.json)
Price in the record is 112.99 as of 2026-10-15 from Yahoo Finance. [Yahoo quote](https://finance.yahoo.com/quote/PHM)

## 7. Agent log

2026-10-17 07:58 CEST: fetched the EDGAR submissions JSON (re-fetched to 08:16 CEST). [EDGAR submissions](https://data.sec.gov/submissions/CIK0000822416.json)
Fetched the latest 10-K primary document (filed 2026-02-04, period 2025-12-31) and read Item 1 and the liquidity and debt text. [10-K](https://www.sec.gov/Archives/edgar/data/822416/000082241626000007/phm-20251231.htm)
Fetched every 8-K primary document filed 2026-04-20 to 2026-10-17 and read the item text. [EDGAR 8-K list](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000822416&type=8-K)
Fetched and parsed the Form 4 XML documents filed 2025-10-17 to 2026-10-17, including footnotes and the aff10b5One element. [EDGAR Form 4 list](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000822416&type=4)
Fetched XBRL companyfacts for the balance-sheet figures in section 2. [XBRL companyfacts](https://data.sec.gov/api/xbrl/companyfacts/CIK0000822416.json)
Read the stock record and the read-only cross-check table for sections 3 and 6. [site/s/PHM.json](https://theclaudetrader.com/s/PHM.json)
07:58 CEST: a parallel first pass was refused by www.sec.gov as too many requests on many Form 4 documents, and by 08:12 the agent's contact-less user agent was refused as an undeclared automated tool; at 08:13 to 08:17 CEST every document was re-fetched sequentially with the pipeline's declared SEC user agent from stockgrid/http.py, and none remained unreachable. [EDGAR Form 4 list](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000822416&type=4)
Not reached: 8-K exhibits (press releases), 10-Q text beyond XBRL facts, proxy statement and Form 144 notices. [EDGAR submissions](https://data.sec.gov/submissions/CIK0000822416.json)