Since its founding over 70 years ago, PulteGroup has delivered almost 800,000 homes and today ranks as the nation’s
3rd
largest homebuilding company with operations in 24 states and over 40 major markets. Through our portfolio of
leading
brands: Centex, Pulte, Del Webb, DiVosta, John Wieland Homes and Neighborhoods, and American West, we are uniquely
positioned to serve buyers at every stage of their lives. Click for
infographic.
Our diversified operating platform provides opportunities for growth and has allowed us to create a more balanced
business: 35% first-time buyers, 39% to move up, and 26% active adult. Through our Del Webb and DiVosta brands, we are the recognized
leader in serving the over 55 buyers as they move toward retirement. In addition to providing multiple
avenues for ongoing business expansion, our diversification helps to reduce market risks.
PulteGroup operates against its objectives of delivering high returns on invested capital and equity that, in turn,
are expected to generate long-term shareholder value. Our return focus is reflected in our stated capital allocation
priorities: 1) invest in the business through high returning projects, 2) fund our dividend, 3) use excess cash to
repurchase shares and 4) selectively purchase our outstanding debt to control overall financial leverage. Consistent
with these priorities, for the five-year period of 2018 - 2022, the Company
invested approximately $17 billion in land acquisition and development, while returning $3.4 billion to shareholders
through dividends and share repurchase.