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Side-by-side financial comparison of PulteGroup (PHM) and Union Pacific Corporation (UNP). Click either name above to swap in a different company.
Union Pacific Corporation is the larger business by last-quarter revenue ($6.2B vs $3.4B, roughly 1.8× PulteGroup). Union Pacific Corporation runs the higher net margin — 27.4% vs 10.2%, a 17.2% gap on every dollar of revenue. On growth, Union Pacific Corporation posted the faster year-over-year revenue change (3.2% vs -12.4%). Over the past eight quarters, Union Pacific Corporation's revenue compounded faster (1.7% 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.
The Union Pacific Railroad Company is a Class I freight-hauling railroad that operates 8,300 locomotives over 32,200 miles (51,800 km) routes in 23 U.S. states west of Chicago and New Orleans. Union Pacific is the second-largest railroad in the United States after BNSF.
PHM vs UNP — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $3.4B | $6.2B |
| Net Profit | $347.0M | $1.7B |
| Gross Margin | — | — |
| Operating Margin | — | 39.5% |
| Net Margin | 10.2% | 27.4% |
| Revenue YoY | -12.4% | 3.2% |
| Net Profit YoY | -33.6% | 4.6% |
| EPS (diluted) | — | $2.87 |
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 | $6.2B | ||
| Q4 25 | $4.6B | $6.1B | ||
| Q3 25 | $4.4B | $6.2B | ||
| Q2 25 | $4.4B | $6.2B | ||
| Q1 25 | $3.9B | $6.0B | ||
| Q4 24 | $4.9B | $6.1B | ||
| Q3 24 | $4.5B | $6.1B | ||
| Q2 24 | $4.6B | $6.0B |
| Q1 26 | $347.0M | $1.7B | ||
| Q4 25 | $501.6M | $1.8B | ||
| Q3 25 | $585.8M | $1.8B | ||
| Q2 25 | $608.5M | $1.9B | ||
| Q1 25 | $522.8M | $1.6B | ||
| Q4 24 | $913.2M | $1.8B | ||
| Q3 24 | $697.9M | $1.7B | ||
| Q2 24 | $809.1M | $1.7B |
| 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 | — | 39.5% | ||
| Q4 25 | — | 39.5% | ||
| Q3 25 | — | 40.8% | ||
| Q2 25 | — | 41.0% | ||
| Q1 25 | — | 39.3% | ||
| Q4 24 | — | 41.3% | ||
| Q3 24 | — | 39.7% | ||
| Q2 24 | — | 40.0% |
| Q1 26 | 10.2% | 27.4% | ||
| Q4 25 | 10.9% | 30.4% | ||
| Q3 25 | 13.3% | 28.6% | ||
| Q2 25 | 13.8% | 30.5% | ||
| Q1 25 | 13.4% | 27.0% | ||
| Q4 24 | 18.6% | 28.8% | ||
| Q3 24 | 15.6% | 27.4% | ||
| Q2 24 | 17.6% | 27.9% |
| Q1 26 | — | $2.87 | ||
| Q4 25 | $2.56 | $3.12 | ||
| Q3 25 | $2.96 | $3.01 | ||
| Q2 25 | $3.03 | $3.15 | ||
| Q1 25 | $2.57 | $2.70 | ||
| Q4 24 | $4.41 | $2.91 | ||
| Q3 24 | $3.35 | $2.75 | ||
| Q2 24 | $3.83 | $2.74 |
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 | $735.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $13.0B | — |
| Total Assets | $5.2B | $69.6B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $1.8B | $735.0M | ||
| Q4 25 | $2.0B | $1.3B | ||
| Q3 25 | $1.5B | $808.0M | ||
| Q2 25 | $1.2B | $1.1B | ||
| Q1 25 | $1.2B | $1.4B | ||
| Q4 24 | $1.6B | $1.0B | ||
| Q3 24 | $1.4B | $947.0M | ||
| Q2 24 | $1.4B | $1.1B |
| Q1 26 | — | — | ||
| Q4 25 | $43.9M | $30.3B | ||
| Q3 25 | — | $30.3B | ||
| Q2 25 | — | $30.3B | ||
| Q1 25 | — | $30.6B | ||
| Q4 24 | $31.1M | $29.8B | ||
| Q3 24 | — | $29.8B | ||
| Q2 24 | — | $31.2B |
| Q1 26 | $13.0B | — | ||
| Q4 25 | $13.0B | $18.5B | ||
| Q3 25 | $12.8B | $17.3B | ||
| Q2 25 | $12.6B | $16.3B | ||
| Q1 25 | $12.3B | $16.0B | ||
| Q4 24 | $12.1B | $16.9B | ||
| Q3 24 | $11.6B | $16.6B | ||
| Q2 24 | $11.2B | $16.5B |
| Q1 26 | $5.2B | $69.6B | ||
| Q4 25 | $18.0B | $69.7B | ||
| Q3 25 | $17.9B | $68.6B | ||
| Q2 25 | $17.6B | $68.6B | ||
| Q1 25 | $17.3B | $68.5B | ||
| Q4 24 | $17.4B | $67.7B | ||
| Q3 24 | $17.0B | $67.6B | ||
| Q2 24 | $16.5B | $67.8B |
| Q1 26 | — | — | ||
| Q4 25 | 0.00× | 1.64× | ||
| Q3 25 | — | 1.75× | ||
| Q2 25 | — | 1.86× | ||
| Q1 25 | — | 1.91× | ||
| Q4 24 | 0.00× | 1.76× | ||
| Q3 24 | — | 1.79× | ||
| Q2 24 | — | 1.89× |
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 | — | $631.0M |
| FCF MarginFCF / Revenue | — | 10.1% |
| Capex IntensityCapex / Revenue | 0.7% | — |
| Cash ConversionOCF / Net Profit | 0.46× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $4.8B |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $159.8M | — | ||
| Q4 25 | $771.1M | $2.2B | ||
| Q3 25 | $678.4M | $2.5B | ||
| Q2 25 | $287.5M | $2.3B | ||
| Q1 25 | $134.2M | $2.2B | ||
| Q4 24 | $567.6M | $2.7B | ||
| Q3 24 | $455.9M | $2.7B | ||
| Q2 24 | $417.5M | $1.9B |
| Q1 26 | — | $631.0M | ||
| Q4 25 | $739.8M | $1.2B | ||
| Q3 25 | $651.1M | $1.6B | ||
| Q2 25 | $253.0M | $1.4B | ||
| Q1 25 | $104.6M | $1.3B | ||
| Q4 24 | $543.1M | $1.7B | ||
| Q3 24 | $417.2M | $1.8B | ||
| Q2 24 | $386.2M | $1.0B |
| Q1 26 | — | 10.1% | ||
| Q4 25 | 16.0% | 20.1% | ||
| Q3 25 | 14.8% | 25.2% | ||
| Q2 25 | 5.7% | 22.7% | ||
| Q1 25 | 2.7% | 21.6% | ||
| Q4 24 | 11.0% | 28.4% | ||
| Q3 24 | 9.3% | 29.9% | ||
| Q2 24 | 8.4% | 16.8% |
| Q1 26 | 0.7% | — | ||
| Q4 25 | 0.7% | 16.4% | ||
| Q3 25 | 0.6% | 15.2% | ||
| Q2 25 | 0.8% | 15.2% | ||
| Q1 25 | 0.8% | 15.0% | ||
| Q4 24 | 0.5% | 15.1% | ||
| Q3 24 | 0.9% | 13.6% | ||
| Q2 24 | 0.7% | 15.0% |
| Q1 26 | 0.46× | — | ||
| Q4 25 | 1.54× | 1.20× | ||
| Q3 25 | 1.16× | 1.41× | ||
| Q2 25 | 0.47× | 1.24× | ||
| Q1 25 | 0.26× | 1.36× | ||
| Q4 24 | 0.62× | 1.51× | ||
| Q3 24 | 0.65× | 1.59× | ||
| Q2 24 | 0.52× | 1.14× |
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% |
UNP
| Freight revenues | $5.9B | 95% |
| Other revenues | $324.0M | 5% |
