| PulteGroup, through its subsidiaries, is engaged primarily in the homebuilding business. Co. also has financial services businesses, including mortgage banking, conducted principally through its subsidiary, Pulte Mortgage LLC, title, and insurance brokerage operations. Co.'s homebuilding business includes the acquisition and development of land primarily for residential purposes within the U.S. and the construction of housing on such land. Co.'s brands include Centex, Pulte Homes, Del Webb, DiVosta Homes, John Wieland Homes and Neighborhoods, and American West. Co. predominantly sells single-family detached homes. Co. also sells attached homes, such as townhomes, condominiums, and duplexes. We show 47 historical shares outstanding datapoints in our PHM shares outstanding history coverage, used to compute PHM market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing PHM market cap history over the course of time is important for investors
interested in comparing PHM's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of PHM versus a peer is one thing; comparing
PHM market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like PHM can fluctuate over the course of history.
With this page we aim to empower investors researching PHM by allowing them to research the PHM market cap history.