• PulteGroup average return on tangible equity for 2023 was 29.8, a 3.93% decline from 2022.
• PulteGroup average return on tangible equity for 2022 was 31.02, a 20.09% decline from 2021.
• PulteGroup average return on tangible equity for 2021 was 25.83, a 16.82% increase from 2020.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.