Home builder sees 51 percent income growth in 2005 Premium Content

Average selling price of Pulte homes rises 10 percent

Inman News®

Pulte Homes Inc. had record consolidated revenues of $14.7 billion in 2005, a 28 percent increase over 2004, the company reported this week, and net income in 2005 increased 51.2 percent.

Fourth-quarter 2005 net income increased 44.6 percent over fourth-quarter 2004 net income, to $574.5 million, Pulte also announced in its quarterly earnings report.

Full-year earnings from continuing operations in 2005 gained 43 percent to $5.47 per diluted share, compared with $3.82 in the prior year.

Also, Pulte announced:

more...

To view this premium content sign in to your Premium Membership Premium Member account.

Premium Membership Premium Members have full access to all news archives & premium content.

Purchase Professional Membership for $199/year OR
Premium+ Membership for $149/year OR
News Membership for $69/year

Buy Now

Share with REmessenger