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In 2001, Pulte Homes, Inc acquired Del E. Webb Construction Company, founded by Del Webb, for $1.8 billion. [11] In 2003, the company acquired Sivage-Thomas Homes. [12] In 2009, the company acquired Centex for $1.3 billion in stock. [13] [14] In August 2014, the company acquired the real-estate assets of Dominion Homes for $82 million. [15]
Along with construction, the corporation was also involved in real estate and owned several hotels and casinos which were built and/or expanded by the company. The company was purchased in 2001 by Pulte Homes. [1] Pulte Homes since merged with Centex Corp. and became PulteGroup. [2] Del Webb continues as a brand of PulteGroup. [3] [4]
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William John Pulte (May 16, 1932 – March 7, 2018) was the founder and chairman of PulteGroup, one of the largest home construction and real estate development companies in the United States. Early life
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In the past five years, Pulte's net income margin has ranged from -35.1% to -9.6%. In that same time frame, unlevered free cash flow margin has ranged from -9.8% to 23.1%. How do those figures ...
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