PulteGroup Inc (PHM) — Tangible Net Worth Ratio

Latest as of March 2026: 99.8%

PulteGroup Inc (PHM) has a Tangible Net Worth Ratio of 99.8% as of March 2026. This metric is calculated by deducting intangible assets ($24.80 Million) from net assets ($12.95 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See PHM current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

99.8%
Tangible equity / total equity

Net Assets (Equity)

$12.95 Billion
USD

Intangible Assets

$24.80 Million
Goodwill, patents, brand value

Total Assets

$18.20 Billion
USD

PulteGroup Inc Tangible Net Worth Ratio (1985–2025)

This chart shows how PulteGroup Inc's Tangible Net Worth Ratio has changed across 41 annual periods from 1985 to 2025. As of March 2026, the ratio stands at 99.8%, reflecting net assets of $12.95 Billion with intangible assets of $24.80 Million USD. See PulteGroup Inc (PHM) defensive interval to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for PulteGroup Inc (1985–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for PulteGroup Inc from 1985 to 2025, covering 41 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see PulteGroup Inc market capitalisation.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2025 99.8% $12.99 Billion $26.21 Million $18.05 Billion ▲ +0.2 pp
2024 99.6% $12.12 Billion $46.30 Million $17.36 Billion ▲ +0.2 pp
2023 99.4% $9.37 Billion $56.34 Million $14.45 Billion ▲ +0.1 pp
2022 99.2% $8.91 Billion $66.91 Million $14.80 Billion ▲ +0.3 pp
2021 99.0% $7.49 Billion $78.02 Million $13.35 Billion ▲ +0.4 pp
2020 98.6% $6.57 Billion $94.53 Million $12.21 Billion ▲ +0.1 pp
2019 98.5% $5.46 Billion $84.59 Million $10.72 Billion ▲ +0.3 pp
2018 98.2% $4.82 Billion $86.79 Million $10.17 Billion ▲ +0.6 pp
2017 97.6% $4.15 Billion $100.59 Million $9.69 Billion ▲ +0.0 pp
2016 97.5% $4.66 Billion $114.39 Million $10.18 Billion ▼ -0.1 pp
2015 97.7% $4.76 Billion $110.22 Million $9.19 Billion ▲ +0.2 pp
2014 97.4% $4.80 Billion $123.11 Million $8.57 Billion ▲ +0.4 pp
2013 97.1% $4.65 Billion $136.15 Million $8.73 Billion ▲ +3.9 pp
2012 93.2% $2.19 Billion $149.25 Million $6.73 Billion ▲ +1.6 pp
2011 91.6% $1.94 Billion $162.35 Million $6.89 Billion ▼ -0.2 pp
2010 91.8% $2.14 Billion $175.45 Million $7.70 Billion ▼ -2.3 pp
2009 94.1% $3.19 Billion $188.55 Million $10.05 Billion ▼ -2.3 pp
2008 96.4% $2.84 Billion $102.55 Million $7.71 Billion ▼ -1.1 pp
2007 97.4% $4.32 Billion $110.70 Million $10.23 Billion ▼ -0.8 pp
2006 98.2% $6.58 Billion $118.95 Million $13.18 Billion ▲ +5.5 pp
2005 92.7% $5.96 Billion $434.90 Million $13.05 Billion ▲ +2.5 pp
2004 90.2% $4.52 Billion $443.15 Million $10.41 Billion ▲ +3.3 pp
2003 86.9% $3.45 Billion $451.40 Million $8.07 Billion ▲ +3.6 pp
2002 83.3% $2.76 Billion $459.65 Million $6.87 Billion ▲ +3.9 pp
2001 79.5% $2.28 Billion $467.30 Million $5.71 Billion ▼ -20.5 pp
2000 100.0% $1.25 Billion $0.00 $2.89 Billion ▲ +0.0 pp
1999 100.0% $1.09 Billion $0.00 $2.49 Billion ▲ +0.0 pp
1998 100.0% $921.40 Million $0.00 $2.35 Billion ▲ +0.0 pp
1997 100.0% $812.80 Million $0.00 $2.13 Billion ▲ +0.0 pp
1996 100.0% $829.30 Million $0.00 $1.99 Billion ▲ +0.0 pp
1995 100.0% $761.00 Million $0.00 $2.05 Billion ▲ +0.0 pp
1994 100.0% $710.60 Million $0.00 $1.94 Billion ▲ +0.0 pp
1993 100.0% $556.30 Million $0.00 $3.81 Billion ▲ +0.0 pp
1992 100.0% $481.40 Million $0.00 $3.71 Billion ▲ +0.0 pp
1991 100.0% $356.80 Million $0.00 $3.63 Billion ▲ +0.0 pp
1990 100.0% $316.10 Million $0.00 $3.99 Billion ▲ +0.0 pp
1989 100.0% $305.60 Million $0.00 $4.33 Billion ▲ +0.0 pp
1988 100.0% $254.60 Million $0.00 $4.89 Billion ▲ +0.0 pp
1987 100.0% $225.50 Million $0.00 $3.74 Billion ▲ +0.0 pp
1986 100.0% $188.20 Million $0.00 $523.70 Million ▲ +0.0 pp
1985 100.0% $169.40 Million $0.00 $443.50 Million
pp = percentage points