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Side-by-side financial comparison of PAR PACIFIC HOLDINGS, INC. (PARR) and PulteGroup (PHM). Click either name above to swap in a different company.

PulteGroup is the larger business by last-quarter revenue ($3.4B vs $1.8B, roughly 1.9× PAR PACIFIC HOLDINGS, INC.). PulteGroup runs the higher net margin — 10.2% vs 2.5%, a 7.6% gap on every dollar of revenue. On growth, PAR PACIFIC HOLDINGS, INC. posted the faster year-over-year revenue change (4.5% vs -12.4%). Over the past eight quarters, PAR PACIFIC HOLDINGS, INC.'s revenue compounded faster (-4.9% CAGR vs -13.9%).

Par Pacific Holdings is a Houston-based American oil and gas exploration and production company. Known as Par Petroleum Corporation after it emerged from bankruptcy, it was renamed Par Pacific Holdings on October 20, 2015. As of 2017 it was a Fortune 1000 corporation.

PulteGroup, Inc. is an American residential home-construction company based in Atlanta, Georgia, United States. As of 2023, the company is the third-largest home-construction company in the United States based on the number of homes closed. In total, the company has built over 775,000 homes.

PARR vs PHM — Head-to-Head

Bigger by revenue
PHM
PHM
1.9× larger
PHM
$3.4B
$1.8B
PARR
Growing faster (revenue YoY)
PARR
PARR
+16.9% gap
PARR
4.5%
-12.4%
PHM
Higher net margin
PHM
PHM
7.6% more per $
PHM
10.2%
2.5%
PARR
Faster 2-yr revenue CAGR
PARR
PARR
Annualised
PARR
-4.9%
-13.9%
PHM

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
PARR
PARR
PHM
PHM
Revenue
$1.8B
$3.4B
Net Profit
$46.2M
$347.0M
Gross Margin
Operating Margin
3.1%
Net Margin
2.5%
10.2%
Revenue YoY
4.5%
-12.4%
Net Profit YoY
279.1%
EPS (diluted)
$1.10

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
PARR
PARR
PHM
PHM
Q1 26
$1.8B
$3.4B
Q4 25
$1.8B
$4.6B
Q3 25
$2.0B
$4.4B
Q2 25
$1.9B
$4.4B
Q1 25
$1.7B
$3.9B
Q4 24
$1.8B
$4.9B
Q3 24
$2.1B
$4.5B
Q2 24
$2.0B
$4.6B
Net Profit
PARR
PARR
PHM
PHM
Q1 26
$46.2M
$347.0M
Q4 25
$77.7M
$501.6M
Q3 25
$262.6M
$585.8M
Q2 25
$59.5M
$608.5M
Q1 25
$-30.4M
$522.8M
Q4 24
$-55.7M
$913.2M
Q3 24
$7.5M
$697.9M
Q2 24
$18.6M
$809.1M
Gross Margin
PARR
PARR
PHM
PHM
Q1 26
Q4 25
Q3 25
27.8%
Q2 25
28.6%
Q1 25
28.8%
Q4 24
Q3 24
30.4%
Q2 24
31.4%
Operating Margin
PARR
PARR
PHM
PHM
Q1 26
3.1%
Q4 25
5.5%
Q3 25
17.8%
Q2 25
5.1%
Q1 25
-0.9%
Q4 24
-2.6%
Q3 24
1.7%
Q2 24
2.4%
Net Margin
PARR
PARR
PHM
PHM
Q1 26
2.5%
10.2%
Q4 25
4.3%
10.9%
Q3 25
13.0%
13.3%
Q2 25
3.1%
13.8%
Q1 25
-1.7%
13.4%
Q4 24
-3.0%
18.6%
Q3 24
0.3%
15.6%
Q2 24
0.9%
17.6%
EPS (diluted)
PARR
PARR
PHM
PHM
Q1 26
$1.10
Q4 25
$1.40
$2.56
Q3 25
$5.16
$2.96
Q2 25
$1.17
$3.03
Q1 25
$-0.57
$2.57
Q4 24
$-0.98
$4.41
Q3 24
$0.13
$3.35
Q2 24
$0.32
$3.83

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
PARR
PARR
PHM
PHM
Cash + ST InvestmentsLiquidity on hand
$172.2M
$1.8B
Total DebtLower is stronger
Stockholders' EquityBook value
$1.5B
$13.0B
Total Assets
$5.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PARR
PARR
PHM
PHM
Q1 26
$172.2M
$1.8B
Q4 25
$164.1M
$2.0B
Q3 25
$159.1M
$1.5B
Q2 25
$169.2M
$1.2B
Q1 25
$133.7M
$1.2B
Q4 24
$191.9M
$1.6B
Q3 24
$183.0M
$1.4B
Q2 24
$179.7M
$1.4B
Total Debt
PARR
PARR
PHM
PHM
Q1 26
Q4 25
$802.9M
$43.9M
Q3 25
$967.1M
Q2 25
$1.1B
Q1 25
$1.2B
Q4 24
$1.1B
$31.1M
Q3 24
$1.0B
Q2 24
$1.1B
Stockholders' Equity
PARR
PARR
PHM
PHM
Q1 26
$1.5B
$13.0B
Q4 25
$1.5B
$13.0B
Q3 25
$1.4B
$12.8B
Q2 25
$1.1B
$12.6B
Q1 25
$1.1B
$12.3B
Q4 24
$1.2B
$12.1B
Q3 24
$1.3B
$11.6B
Q2 24
$1.3B
$11.2B
Total Assets
PARR
PARR
PHM
PHM
Q1 26
$5.2B
Q4 25
$3.8B
$18.0B
Q3 25
$4.1B
$17.9B
Q2 25
$3.9B
$17.6B
Q1 25
$3.8B
$17.3B
Q4 24
$3.8B
$17.4B
Q3 24
$3.9B
$17.0B
Q2 24
$3.9B
$16.5B
Debt / Equity
PARR
PARR
PHM
PHM
Q1 26
Q4 25
0.53×
0.00×
Q3 25
0.69×
Q2 25
0.97×
Q1 25
1.04×
Q4 24
0.93×
0.00×
Q3 24
0.83×
Q2 24
0.84×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
PARR
PARR
PHM
PHM
Operating Cash FlowLast quarter
$159.8M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
0.7%
Cash ConversionOCF / Net Profit
0.46×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PARR
PARR
PHM
PHM
Q1 26
$159.8M
Q4 25
$93.8M
$771.1M
Q3 25
$219.4M
$678.4M
Q2 25
$133.6M
$287.5M
Q1 25
$-1.4M
$134.2M
Q4 24
$-15.5M
$567.6M
Q3 24
$78.5M
$455.9M
Q2 24
$-4.7M
$417.5M
Free Cash Flow
PARR
PARR
PHM
PHM
Q1 26
Q4 25
$66.3M
$739.8M
Q3 25
$187.1M
$651.1M
Q2 25
$85.5M
$253.0M
Q1 25
$-42.3M
$104.6M
Q4 24
$-63.1M
$543.1M
Q3 24
$50.2M
$417.2M
Q2 24
$-41.6M
$386.2M
FCF Margin
PARR
PARR
PHM
PHM
Q1 26
Q4 25
3.7%
16.0%
Q3 25
9.3%
14.8%
Q2 25
4.5%
5.7%
Q1 25
-2.4%
2.7%
Q4 24
-3.4%
11.0%
Q3 24
2.3%
9.3%
Q2 24
-2.1%
8.4%
Capex Intensity
PARR
PARR
PHM
PHM
Q1 26
0.7%
Q4 25
1.5%
0.7%
Q3 25
1.6%
0.6%
Q2 25
2.5%
0.8%
Q1 25
2.3%
0.8%
Q4 24
2.6%
0.5%
Q3 24
1.3%
0.9%
Q2 24
1.8%
0.7%
Cash Conversion
PARR
PARR
PHM
PHM
Q1 26
0.46×
Q4 25
1.21×
1.54×
Q3 25
0.84×
1.16×
Q2 25
2.25×
0.47×
Q1 25
0.26×
Q4 24
0.62×
Q3 24
10.48×
0.65×
Q2 24
-0.25×
0.52×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

PARR
PARR

Segment breakdown not available.

PHM
PHM

Home sale revenues$3.3B97%
Financial Services$71.7M2%
Land sale and other revenues$29.3M1%

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