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Side-by-side financial comparison of PulteGroup (PHM) and RENAISSANCERE HOLDINGS LTD (RNR). Click either name above to swap in a different company.
PulteGroup is the larger business by last-quarter revenue ($3.4B vs $2.2B, roughly 1.6× RENAISSANCERE HOLDINGS LTD). RENAISSANCERE HOLDINGS LTD runs the higher net margin — 23.5% vs 10.2%, a 13.3% gap on every dollar of revenue. On growth, PulteGroup posted the faster year-over-year revenue change (-12.4% vs -36.8%). Over the past eight quarters, RENAISSANCERE HOLDINGS LTD's revenue compounded faster (-11.9% CAGR vs -13.9%).
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.
RenaissanceRe Holdings Ltd is a Bermudian provider of reinsurance, insurance and other related business services. The company operates in reinsurance, insurance and ventures.
PHM vs RNR — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $3.4B | $2.2B |
| Net Profit | $347.0M | $515.8M |
| Gross Margin | — | — |
| Operating Margin | — | — |
| Net Margin | 10.2% | 23.5% |
| Revenue YoY | -12.4% | -36.8% |
| Net Profit YoY | -33.6% | 72.6% |
| EPS (diluted) | — | $6.57 |
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.
| Q1 26 | $3.4B | $2.2B | ||
| Q4 25 | $4.6B | $3.0B | ||
| Q3 25 | $4.4B | $3.2B | ||
| Q2 25 | $4.4B | $3.2B | ||
| Q1 25 | $3.9B | $3.5B | ||
| Q4 24 | $4.9B | $2.3B | ||
| Q3 24 | $4.5B | $4.0B | ||
| Q2 24 | $4.6B | $2.8B |
| Q1 26 | $347.0M | $515.8M | ||
| Q4 25 | $501.6M | $760.5M | ||
| Q3 25 | $585.8M | $916.5M | ||
| Q2 25 | $608.5M | $835.4M | ||
| Q1 25 | $522.8M | $170.0M | ||
| Q4 24 | $913.2M | $-189.7M | ||
| Q3 24 | $697.9M | $1.2B | ||
| Q2 24 | $809.1M | $503.9M |
| 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% | — |
| Q1 26 | — | — | ||
| Q4 25 | — | 42.5% | ||
| Q3 25 | — | 46.3% | ||
| Q2 25 | — | 41.8% | ||
| Q1 25 | — | -2.0% | ||
| Q4 24 | — | -3.6% | ||
| Q3 24 | — | 43.7% | ||
| Q2 24 | — | 25.0% |
| Q1 26 | 10.2% | 23.5% | ||
| Q4 25 | 10.9% | 25.6% | ||
| Q3 25 | 13.3% | 28.7% | ||
| Q2 25 | 13.8% | 26.1% | ||
| Q1 25 | 13.4% | 4.9% | ||
| Q4 24 | 18.6% | -8.3% | ||
| Q3 24 | 15.6% | 29.8% | ||
| Q2 24 | 17.6% | 17.8% |
| Q1 26 | — | $6.57 | ||
| Q4 25 | $2.56 | $16.16 | ||
| Q3 25 | $2.96 | $19.40 | ||
| Q2 25 | $3.03 | $17.20 | ||
| Q1 25 | $2.57 | $3.27 | ||
| Q4 24 | $4.41 | $-3.76 | ||
| Q3 24 | $3.35 | $22.62 | ||
| Q2 24 | $3.83 | $9.41 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.8B | $1.6B |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $13.0B | $4.3B |
| Total Assets | $5.2B | $53.7B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $1.8B | $1.6B | ||
| Q4 25 | $2.0B | $1.7B | ||
| Q3 25 | $1.5B | $1.7B | ||
| Q2 25 | $1.2B | $1.4B | ||
| Q1 25 | $1.2B | $1.6B | ||
| Q4 24 | $1.6B | $1.7B | ||
| Q3 24 | $1.4B | $1.6B | ||
| Q2 24 | $1.4B | $1.6B |
| Q1 26 | — | — | ||
| Q4 25 | $43.9M | $2.3B | ||
| Q3 25 | — | $2.2B | ||
| Q2 25 | — | $2.3B | ||
| Q1 25 | — | $2.8B | ||
| Q4 24 | $31.1M | $1.9B | ||
| Q3 24 | — | $1.9B | ||
| Q2 24 | — | $2.0B |
| Q1 26 | $13.0B | $4.3B | ||
| Q4 25 | $13.0B | $11.6B | ||
| Q3 25 | $12.8B | $11.5B | ||
| Q2 25 | $12.6B | $10.8B | ||
| Q1 25 | $12.3B | $10.3B | ||
| Q4 24 | $12.1B | $10.6B | ||
| Q3 24 | $11.6B | $11.2B | ||
| Q2 24 | $11.2B | $10.2B |
| Q1 26 | $5.2B | $53.7B | ||
| Q4 25 | $18.0B | $53.8B | ||
| Q3 25 | $17.9B | $54.5B | ||
| Q2 25 | $17.6B | $54.7B | ||
| Q1 25 | $17.3B | $53.6B | ||
| Q4 24 | $17.4B | $50.7B | ||
| Q3 24 | $17.0B | $52.8B | ||
| Q2 24 | $16.5B | $51.6B |
| Q1 26 | — | — | ||
| Q4 25 | 0.00× | 0.20× | ||
| Q3 25 | — | 0.19× | ||
| Q2 25 | — | 0.21× | ||
| Q1 25 | — | 0.27× | ||
| Q4 24 | 0.00× | 0.18× | ||
| Q3 24 | — | 0.17× | ||
| Q2 24 | — | 0.19× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| 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.
| Q1 26 | $159.8M | — | ||
| Q4 25 | $771.1M | $483.0M | ||
| Q3 25 | $678.4M | $1.6B | ||
| Q2 25 | $287.5M | $1.5B | ||
| Q1 25 | $134.2M | $157.8M | ||
| Q4 24 | $567.6M | $778.9M | ||
| Q3 24 | $455.9M | $1.5B | ||
| Q2 24 | $417.5M | $1.2B |
| Q1 26 | — | — | ||
| Q4 25 | $739.8M | — | ||
| Q3 25 | $651.1M | — | ||
| Q2 25 | $253.0M | — | ||
| Q1 25 | $104.6M | — | ||
| Q4 24 | $543.1M | — | ||
| Q3 24 | $417.2M | — | ||
| Q2 24 | $386.2M | — |
| Q1 26 | — | — | ||
| Q4 25 | 16.0% | — | ||
| Q3 25 | 14.8% | — | ||
| Q2 25 | 5.7% | — | ||
| Q1 25 | 2.7% | — | ||
| Q4 24 | 11.0% | — | ||
| Q3 24 | 9.3% | — | ||
| Q2 24 | 8.4% | — |
| Q1 26 | 0.7% | — | ||
| Q4 25 | 0.7% | — | ||
| Q3 25 | 0.6% | — | ||
| Q2 25 | 0.8% | — | ||
| Q1 25 | 0.8% | — | ||
| Q4 24 | 0.5% | — | ||
| Q3 24 | 0.9% | — | ||
| Q2 24 | 0.7% | — |
| Q1 26 | 0.46× | — | ||
| Q4 25 | 1.54× | 0.64× | ||
| Q3 25 | 1.16× | 1.73× | ||
| Q2 25 | 0.47× | 1.76× | ||
| Q1 25 | 0.26× | 0.93× | ||
| Q4 24 | 0.62× | — | ||
| Q3 24 | 0.65× | 1.26× | ||
| Q2 24 | 0.52× | 2.41× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
PHM
| Home sale revenues | $3.3B | 97% |
| Financial Services | $71.7M | 2% |
| Land sale and other revenues | $29.3M | 1% |
RNR
Segment breakdown not available.
