PULTEGROUP, INC. (PHM) FY2026 YTD Q2 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2026-01-01 to 2026-06-30

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PULTEGROUP, INC. cash flow reconciliation, Jan 1, 2026 through Jun 30, 2026One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash. Intermediate calculation bars are lighter gray. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Net income → Net cash from operating activities: $176,802,000.00Net income → Operating adjustments reconciliation: $642,196,000.00Accounts payable, accrued and other liabilities → Operating adjustments reconciliation: $67,773,000.00Residential mortgage loans available-for-sale → Operating adjustments reconciliation: $63,933,000.00Depreciation and amortization → Operating adjustments reconciliation: $49,935,000.00Share-based compensation expense → Operating adjustments reconciliation: $34,207,000.00Land-related charges → Operating adjustments reconciliation: $27,561,000.00Deferred income tax expense → Operating adjustments reconciliation: $13,402,000.00Distributions of income from unconsolidated entities → Operating adjustments reconciliation: $4,758,000.00Loss on debt retirement → Operating adjustments reconciliation: $2,637,000.00Other, net → Operating adjustments reconciliation: $569,000.00Operating adjustments reconciliation → Inventories: $807,305,000.00Operating adjustments reconciliation → Other assets: $94,825,000.00Operating adjustments reconciliation → Equity income from unconsolidated entities, net: $4,841,000.00Distributions of capital from unconsolidated entities → investing reconciliation: $5,508,000.00Other investing activities, net → investing reconciliation: $2,905,000.00investing reconciliation → Capital expenditures: $55,297,000.00investing reconciliation → Investments in unconsolidated entities: $40,875,000.00Net cash used in financing activities → financing reconciliation: $720,477,000.00Proceeds from debt issuance → financing reconciliation: $794,784,000.00Proceeds from liabilities related to consolidated inventory not owned → financing reconciliation: $18,303,000.00financing reconciliation → Share repurchases: $681,167,000.00financing reconciliation → Repayments of notes payable: $600,681,000.00financing reconciliation → Dividends paid: $101,824,000.00financing reconciliation → Financial Services borrowings (repayments), net: $54,434,000.00financing reconciliation → Cash paid for shares withheld for taxes: $38,062,000.00financing reconciliation → Payments related to consolidated inventory not owned: $23,155,000.00financing reconciliation → Debt issuance costs: $22,759,000.00financing reconciliation → Excise tax on share repurchases: $11,482,000.00Net cash used in investing activities → investing reconciliation: $87,759,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $2,008,776,000.00Net cash from operating activities → Cash sources and uses: $176,802,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $1,377,342,000.00Cash sources and uses → Net cash used in investing activities: $87,759,000.00Cash sources and uses → Net cash used in financing activities: $720,477,000.00Net income: $818,998,000.00Net income+$819.00 MDeferred income tax expense: $13,402,000.00Deferred income taxes+$13.40 MLand-related charges: $27,561,000.00Land-related charges+$27.56 MLoss on debt retirement: $2,637,000.00Debt extinguishment gain & loss+$2.64 MDepreciation and amortization: $49,935,000.00Depreciation & amortization+$49.94 MEquity income from unconsolidated entities, net: -$4,841,000.00Equity-method results−$4.84 MDistributions of income from unconsolidated entities: $4,758,000.00Equity-method distributions+$4.76 MShare-based compensation expense: $34,207,000.00Stock-based compensation+$34.21 MOther, net: $569,000.00Other non-cash items+$569.00 KInventories: -$807,305,000.00Inventories−$807.31 MResidential mortgage loans available-for-sale: $63,933,000.00Mortgage loans held for sale+$63.93 MOther assets: -$94,825,000.00Other operating assets−$94.83 MAccounts payable, accrued and other liabilities: $67,773,000.00Payables & accrued liabilities+$67.77 MNet cash from operating activities: $176,802,000.00Operating cash+$176.80 MOperating adjustments reconciliation: $906,971,000.00Proceeds from debt issuance: $794,784,000.00Debt issued+$794.78 MRepayments of notes payable: -$600,681,000.00Long-term debt repaid−$600.68 MFinancial Services borrowings (repayments), net: -$54,434,000.00Other debt, net−$54.43 MDebt issuance costs: -$22,759,000.00Debt issuance costs−$22.76 MProceeds from liabilities related to consolidated inventory not owned: $18,303,000.00Inventory not owned proceeds+$18.30 MPayments related to consolidated inventory not owned: -$23,155,000.00Inventory not owned paid−$23.16 MShare repurchases: -$681,167,000.00Common stock repurchases−$681.17 MExcise tax on share repurchases: -$11,482,000.00Excise tax on share repurchases−$11.48 MCash paid for shares withheld for taxes: -$38,062,000.00Stock-award tax withholding−$38.06 MDividends paid: -$101,824,000.00Dividends paid−$101.82 MNet cash used in financing activities: -$720,477,000.00. Cash required to fund net payments.Financing cash−$720.48 Mfinancing reconciliation: $1,533,564,000.00Capital expenditures: -$55,297,000.00PP&E purchases−$55.30 MInvestments in unconsolidated entities: -$40,875,000.00Equity-method investments made−$40.88 MDistributions of capital from unconsolidated entities: $5,508,000.00Equity-method return of capital+$5.51 MOther investing activities, net: $2,905,000.00Other investing, net+$2.91 MNet cash used in investing activities: -$87,759,000.00. Cash required to fund net payments.Investing cash−$87.76 Minvesting reconciliation: $96,172,000.00Cash sources and uses: $2,185,578,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $2,008,776,000.00Beginning cash$2.01 BEnding cash: Cash, cash equivalents, and restricted cash: $1,377,342,000.00Ending cash$1.38 BCASH RECONCILIATIONOperatingflowsInvestingflowsFinancingflowsFree cash flow$121.51 MOperating cash − cash spent on PP&ECash flow / Net income0.22×Operating cash flow ÷ net incomeNet cash change−$631.43 MEnding cash − beginning cash
Chart details

PULTEGROUP, INC. cash flow reconciliation, Jan 1, 2026 through Jun 30, 2026

Cash flows for Jan 1, 2026 through Jun 30, 2026. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Dec 31, 2025. Ending cash: Jun 30, 2026. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Dec 31, 2025
2,008,776,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
176,802,000 US dollars. Net cash provided.
Net income
818,998,000 US dollars
Deferred income tax expense
13,402,000 US dollars
Land-related charges
27,561,000 US dollars
Loss on debt retirement
2,637,000 US dollars
Depreciation and amortization
49,935,000 US dollars
Equity income from unconsolidated entities, net
negative 4,841,000 US dollars
Distributions of income from unconsolidated entities
4,758,000 US dollars
Share-based compensation expense
34,207,000 US dollars
Other, net
569,000 US dollars
Inventories
negative 807,305,000 US dollars
Residential mortgage loans available-for-sale
63,933,000 US dollars
Other assets
negative 94,825,000 US dollars
Accounts payable, accrued and other liabilities
67,773,000 US dollars
Investing activities
negative 87,759,000 US dollars. Net cash used.
Capital expenditures
negative 55,297,000 US dollars
Investments in unconsolidated entities
negative 40,875,000 US dollars
Distributions of capital from unconsolidated entities
5,508,000 US dollars
Other investing activities, net
2,905,000 US dollars
Financing activities
negative 720,477,000 US dollars. Net cash used.
Proceeds from debt issuance
794,784,000 US dollars
Repayments of notes payable
negative 600,681,000 US dollars
Financial Services borrowings (repayments), net
negative 54,434,000 US dollars
Debt issuance costs
negative 22,759,000 US dollars
Proceeds from liabilities related to consolidated inventory not owned
18,303,000 US dollars
Payments related to consolidated inventory not owned
negative 23,155,000 US dollars
Share repurchases
negative 681,167,000 US dollars
Excise tax on share repurchases
negative 11,482,000 US dollars
Cash paid for shares withheld for taxes
negative 38,062,000 US dollars
Dividends paid
negative 101,824,000 US dollars
Operating adjustment reconciliation
906,971,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing gross reconciliation
1,533,564,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing gross reconciliation
96,172,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
0 US dollars
Ending cash on Jun 30, 2026
1,377,342,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
2,185,578,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
negative 631,434,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
0.22×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.
Operating cash flow
176,802,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
55,297,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
121,505,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net income exceeds operating cash. The diagram allocates $176.80M of net income directly to operating cash and $642.20M to the adjustment junction, where it combines with other additions to reconcile deductions. This is an accounting presentation, not a tracing of cash receipts.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: 176,802,000 US dollars minus 55,297,000 US dollars equals 121,505,000 US dollars.
PULTEGROUP, INC. (PHM) FY2026 YTD Q2 Statement of Cash Flows Sankey chart
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