Atlanta, Georgia-based PulteGroup, Inc. (PHM) is engaged in acquiring and developing land and constructing residential properties. Valued at $23.7 billion by market cap, the company operates in more than 40 major markets across the country and serves a broad range of buyers through brands such as Pulte Homes, Centex, Del Webb, DiVosta, and John Wieland Homes.
Companies worth $10 billion or more are generally described as “large-cap stocks,” and PHM definitely fits that description, with its market cap exceeding this threshold, reflecting its substantial size, influence, and dominance in the residential construction industry. Known for its disciplined land acquisition strategy and diversified customer base, PulteGroup generates revenue primarily from home sales and has established itself as a leading player in the U.S. residential construction industry.
