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Pay vs Performance Disclosure - USD ($)
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Pay vs Performance Disclosure        
Pay vs Performance Disclosure, Table
The following table sets forth information regarding the Company’s performance and the “compensation actually paid” to our named executive officers, as calculated in accordance with SEC disclosure rules:
 
Pay Versus Performance
Year(1)
  
Summary
Compensation
Table Total
For PEO
($)(2)
  
Compensation
Actually
Paid to PEO
($)(3)
  
Average
Summary
Compensation
Table Total
For Non-PEO
Named
Executive
Officers
($)(2)
  
Average
Compensation
Actually Paid
To Non-PEO
Named
Executive
Officers
($)(3)
  
Value Of Initial Fixed $100
Investment Based On: (4)
  
Net
Income
($000s)
  
Adjusted
Pre-Tax
Income
($)(6)
 
Total
Shareholder
Return
($)
  
 
Peer Group
Total
Shareholder
Return
($)(5)
                               
2023
    
 
12,530,908
    
 
39,665,057
    
 
2,876,471
    
 
5,515,664
    
 
279.00
    
 
238.00
    
 
2,602,372
    
 
3,675,219
                               
2022
    
 
14,484,024
    
 
10,931,300
    
 
4,404,050
    
 
3,902,172
    
 
121.98
    
 
140.90
    
 
2,617,317
    
 
3,638,086
                               
2021
    
 
16,149,555
    
 
20,598,773
    
 
5,000,888
    
 
5,794,393
    
 
151.00
    
 
190.20
    
 
1,946,320
    
 
2,768,070
2020
    
 
13,157,584
    
 
16,176,749
    
 
3,572,954
    
 
3,678,362
    
 
112.65
    
 
126.99
    
 
1,406,839
    
 
1,909,230
 
(1)
Mr. Marshall has served as the Principal Executive Officer (“PEO”) for the entirety of 2022, 2021 and 2020 and our other named executive officers for the applicable years were as follows:
 
 
•
  
2023: Robert T. O’Shaughnessy; Matthew Koart; Todd N. Sheldon; Kevin A. Henry; John J. Chadwick; and Michelle H. Hairston.
 
•
  
2022: Robert T. O’Shaughnessy; John J. Chadwick; Todd N. Sheldon; and Michelle H. Hairston.
 
•
  
2021: Robert T. O’Shaughnessy; John J. Chadwick; Todd N. Sheldon; and Michelle H. Hairston.
 
•
  
2020: Robert T. O’Shaughnessy; John J. Chadwick; Todd N. Sheldon; Michelle H. Hairston; and Stephen P. Schlageter.
 
(2)
Amounts reported in these columns represent (i) the total compensation reported in the Summary Compensation Table for the applicable year in the case of Mr. Marshall and (ii) the average of the total compensation reported in the Summary Compensation Table for the applicable year for our other named executive officers reported for the applicable year other than the PEO for such years.
 
(3)
To calculate “compensation actually paid,” adjustments were made to the amounts reported in the Summary Compensation Table for the applicable year. A reconciliation of the adjustments for Mr. Marshall and for the average of the other named executive officers is set forth following the footnotes to this table.
 
(4)
Pursuant to rules of the SEC, the comparison assumes $100 was invested on December 31, 2019 in our common stock. Historic stock price performance is not necessarily indicative of future stock price performance.
 
(5)
The TSR Peer Group consists of the Dow Jones U.S. Select Home Construction Index, an independently prepared index that includes companies in the home construction industry.
 
(6)
As noted in the CD&A, for 2023, the Compensation Committee determined that adjusted pre-tax income continues to be viewed as a core driver of the Company’s performance and stockholder value creation and, accordingly, was utilized as a component in the Company’s Annual Program and Growth Incentive Pool. Adjusted pre-tax Income represents Income Before Income Taxes as reported in the Company’s Annual Report, as adjusted to exclude the impact of certain items, including, where applicable: certain incentive compensation, Company-wide restructuring costs as offset by savings associated with those restructuring efforts, changes in U.S. GAAP, gain or loss on debt retirements, and adjustments to Pulte Financial Services reserves related to mortgage origination and other legacy mortgage exposures prior to 2012.
 
 
 
Reconciliation of Compensation Actually Paid Adjustments
 
Year
  
Summary
Compensation
Table Total
($)(a)
  
(Minus)
Grant Date
Fair Value
of Stock
Awards
Granted in
Fiscal Year
($)(b)
  
Plus
Fair Value At
Fiscal Year-End
of Outstanding
And Unvested
Stock Awards
Granted in
Fiscal Year
($)€
  
Plus/(Minus)
Change in
Fair Value of
Outstanding
And
Unvested
Stock
Awards
Granted in
Prior
Fiscal Years
($)(d)
  
Plus
Fair Value At
Vesting of
Stock
Awards
Granted in
Fiscal Year
That Vested
During
Fiscal Year
($)(e)
  
Plus/(Minus)
Change in
Fair Value as of
Vesting Date
of Stock
Awards
Granted in
Prior Years
For Which
Applicable
Vesting
Conditions
Were Satisfied
During
Fiscal Year
($)(f)
  
(Minus)
Fair Value as of
Prior Fiscal
Year-End of
Stock Awards
Granted in
Prior Fiscal
Years That
Failed to Meet
Applicable
Vesting
Conditions
During
Fiscal Year
($)(g)
  
Equals
Compensation
Actually Paid
($)
Ryan R. Marshall
 
2023
    
 
12,530,908
    
 
(7,406,576
)
    
 
18,236,896
    
 
13,634,578
    
 
—
    
 
2,669,251
    
 
—
    
 
39,665,057
                               
2022
    
 
14,484,024
    
 
(8,605,099
)
    
 
6,699,396
    
 
(1,056,262
)
    
 
—
    
 
(590,759
)
    
 
—
    
 
10,931,300
                               
2021
    
 
16,149,555
    
 
(7,000,001
)
    
 
8,978,946
    
 
2,330,059
    
 
—
    
 
140,214
    
 
—
    
 
20,598,773
2020
    
 
13,157,584
    
 
(6,000,038
)
    
 
7,035,981
    
 
1,069,563
    
 
—
    
 
913,659
    
 
—
    
 
16,176,749
Other Named Executive Officers (Average)(h)
 
2023
    
 
2,876,471
    
 
(1,283,034
)
    
 
2,436,639
    
 
1,120,634
    
 
—
    
 
364,954
    
 
—
    
 
5,515,664
                               
2022
    
 
4,404,050
    
 
(1,864,740
)
    
 
1,679,345
    
 
(189,553
)
    
 
—
    
 
(126,930
)
    
 
—
    
 
3,902,172
                               
2021
    
 
5,000,888
    
 
(1,162,523
)
    
 
1,491,175
    
 
440,962
    
 
—
    
 
23,891
    
 
—
    
 
5,794,393
2020
    
 
3,572,954
    
 
(995,030
)
    
 
1,046,661
    
 
(34,562
)
    
 
—
    
 
88,339
    
 
—
    
 
3,678,362
 
(a)
Represents Total Compensation as reported in the Summary Compensation Table for the indicated fiscal year. With respect to the other named executive officers, amounts shown represent averages.
 
(b)
Represents the grant date fair value of the stock awards granted during the indicated fiscal year, computed in accordance with the methodology used for financial reporting purposes.
 
(c)
Represents the fair value as of the indicated fiscal year-end of the outstanding and unvested stock awards granted during such fiscal year, computed in accordance with the methodology used for financial reporting purposes and, for awards subject to performance-based vesting conditions, based on the probable outcome of such performance-based vesting conditions as of the last day of the fiscal year.
 
(d)
Represents the change in fair value during the indicated fiscal year of each stock award that was granted in a prior fiscal year and that remained outstanding and unvested as of the last day of the indicated fiscal year, computed in accordance with the methodology used for financial reporting purposes and, for awards subject to performance-based vesting conditions, based on the probable outcome of such performance-based vesting conditions as of the last day of the fiscal year.
 
(e)
Represents the fair value at vesting of the stock awards that were granted and vested during the indicated fiscal year, computed in accordance with the methodology used for financial reporting purposes.
 
(f)
Represents the change in fair value, measured from the prior fiscal year-end to the vesting date, of each stock award that was granted in a prior fiscal year and which vested during the indicated fiscal year, computed in accordance with the methodology used for financial reporting purposes.
 
(g)
Represents the fair value as of the last day of the prior fiscal year of the stock awards that were granted in a prior fiscal year and which failed to meet the applicable vesting conditions in the indicated fiscal year, computed in accordance with the methodology used for financial reporting purposes.
 
(h)
See footnote 1 above for the named executive officers included in the average for each year.
     
Company Selected Measure Name Adjusted pre-tax Income      
Named Executive Officers, Footnote
(1)
Mr. Marshall has served as the Principal Executive Officer (“PEO”) for the entirety of 2022, 2021 and 2020 and our other named executive officers for the applicable years were as follows:
 
 
•
  
2023: Robert T. O’Shaughnessy; Matthew Koart; Todd N. Sheldon; Kevin A. Henry; John J. Chadwick; and Michelle H. Hairston.
 
•
  
2022: Robert T. O’Shaughnessy; John J. Chadwick; Todd N. Sheldon; and Michelle H. Hairston.
 
•
  
2021: Robert T. O’Shaughnessy; John J. Chadwick; Todd N. Sheldon; and Michelle H. Hairston.
 
•
  
2020: Robert T. O’Shaughnessy; John J. Chadwick; Todd N. Sheldon; Michelle H. Hairston; and Stephen P. Schlageter.
     
Peer Group Issuers, Footnote
(5)
The TSR Peer Group consists of the Dow Jones U.S. Select Home Construction Index, an independently prepared index that includes companies in the home construction industry.
     
Adjustment To PEO Compensation, Footnote
Reconciliation of Compensation Actually Paid Adjustments
 
Year
  
Summary
Compensation
Table Total
($)(a)
  
(Minus)
Grant Date
Fair Value
of Stock
Awards
Granted in
Fiscal Year
($)(b)
  
Plus
Fair Value At
Fiscal Year-End
of Outstanding
And Unvested
Stock Awards
Granted in
Fiscal Year
($)€
  
Plus/(Minus)
Change in
Fair Value of
Outstanding
And
Unvested
Stock
Awards
Granted in
Prior
Fiscal Years
($)(d)
  
Plus
Fair Value At
Vesting of
Stock
Awards
Granted in
Fiscal Year
That Vested
During
Fiscal Year
($)(e)
  
Plus/(Minus)
Change in
Fair Value as of
Vesting Date
of Stock
Awards
Granted in
Prior Years
For Which
Applicable
Vesting
Conditions
Were Satisfied
During
Fiscal Year
($)(f)
  
(Minus)
Fair Value as of
Prior Fiscal
Year-End of
Stock Awards
Granted in
Prior Fiscal
Years That
Failed to Meet
Applicable
Vesting
Conditions
During
Fiscal Year
($)(g)
  
Equals
Compensation
Actually Paid
($)
Ryan R. Marshall
 
2023
    
 
12,530,908
    
 
(7,406,576
)
    
 
18,236,896
    
 
13,634,578
    
 
—
    
 
2,669,251
    
 
—
    
 
39,665,057
                               
2022
    
 
14,484,024
    
 
(8,605,099
)
    
 
6,699,396
    
 
(1,056,262
)
    
 
—
    
 
(590,759
)
    
 
—
    
 
10,931,300
                               
2021
    
 
16,149,555
    
 
(7,000,001
)
    
 
8,978,946
    
 
2,330,059
    
 
—
    
 
140,214
    
 
—
    
 
20,598,773
2020
    
 
13,157,584
    
 
(6,000,038
)
    
 
7,035,981
    
 
1,069,563
    
 
—
    
 
913,659
    
 
—
    
 
16,176,749
Other Named Executive Officers (Average)(h)
 
2023
    
 
2,876,471
    
 
(1,283,034
)
    
 
2,436,639
    
 
1,120,634
    
 
—
    
 
364,954
    
 
—
    
 
5,515,664
                               
2022
    
 
4,404,050
    
 
(1,864,740
)
    
 
1,679,345
    
 
(189,553
)
    
 
—
    
 
(126,930
)
    
 
—
    
 
3,902,172
                               
2021
    
 
5,000,888
    
 
(1,162,523
)
    
 
1,491,175
    
 
440,962
    
 
—
    
 
23,891
    
 
—
    
 
5,794,393
2020
    
 
3,572,954
    
 
(995,030
)
    
 
1,046,661
    
 
(34,562
)
    
 
—
    
 
88,339
    
 
—
    
 
3,678,362
 
(a)
Represents Total Compensation as reported in the Summary Compensation Table for the indicated fiscal year. With respect to the other named executive officers, amounts shown represent averages.
 
(b)
Represents the grant date fair value of the stock awards granted during the indicated fiscal year, computed in accordance with the methodology used for financial reporting purposes.
 
(c)
Represents the fair value as of the indicated fiscal year-end of the outstanding and unvested stock awards granted during such fiscal year, computed in accordance with the methodology used for financial reporting purposes and, for awards subject to performance-based vesting conditions, based on the probable outcome of such performance-based vesting conditions as of the last day of the fiscal year.
 
(d)
Represents the change in fair value during the indicated fiscal year of each stock award that was granted in a prior fiscal year and that remained outstanding and unvested as of the last day of the indicated fiscal year, computed in accordance with the methodology used for financial reporting purposes and, for awards subject to performance-based vesting conditions, based on the probable outcome of such performance-based vesting conditions as of the last day of the fiscal year.
 
(e)
Represents the fair value at vesting of the stock awards that were granted and vested during the indicated fiscal year, computed in accordance with the methodology used for financial reporting purposes.
 
(f)
Represents the change in fair value, measured from the prior fiscal year-end to the vesting date, of each stock award that was granted in a prior fiscal year and which vested during the indicated fiscal year, computed in accordance with the methodology used for financial reporting purposes.
 
(g)
Represents the fair value as of the last day of the prior fiscal year of the stock awards that were granted in a prior fiscal year and which failed to meet the applicable vesting conditions in the indicated fiscal year, computed in accordance with the methodology used for financial reporting purposes.
 
(h)
See footnote 1 above for the named executive officers included in the average for each year.
     
Non-PEO NEO Average Total Compensation Amount $ 2,876,471 $ 4,404,050 $ 5,000,888 $ 3,572,954
Non-PEO NEO Average Compensation Actually Paid Amount $ 5,515,664 3,902,172 5,794,393 3,678,362
Adjustment to Non-PEO NEO Compensation Footnote
Reconciliation of Compensation Actually Paid Adjustments
 
Year
  
Summary
Compensation
Table Total
($)(a)
  
(Minus)
Grant Date
Fair Value
of Stock
Awards
Granted in
Fiscal Year
($)(b)
  
Plus
Fair Value At
Fiscal Year-End
of Outstanding
And Unvested
Stock Awards
Granted in
Fiscal Year
($)€
  
Plus/(Minus)
Change in
Fair Value of
Outstanding
And
Unvested
Stock
Awards
Granted in
Prior
Fiscal Years
($)(d)
  
Plus
Fair Value At
Vesting of
Stock
Awards
Granted in
Fiscal Year
That Vested
During
Fiscal Year
($)(e)
  
Plus/(Minus)
Change in
Fair Value as of
Vesting Date
of Stock
Awards
Granted in
Prior Years
For Which
Applicable
Vesting
Conditions
Were Satisfied
During
Fiscal Year
($)(f)
  
(Minus)
Fair Value as of
Prior Fiscal
Year-End of
Stock Awards
Granted in
Prior Fiscal
Years That
Failed to Meet
Applicable
Vesting
Conditions
During
Fiscal Year
($)(g)
  
Equals
Compensation
Actually Paid
($)
Ryan R. Marshall
 
2023
    
 
12,530,908
    
 
(7,406,576
)
    
 
18,236,896
    
 
13,634,578
    
 
—
    
 
2,669,251
    
 
—
    
 
39,665,057
                               
2022
    
 
14,484,024
    
 
(8,605,099
)
    
 
6,699,396
    
 
(1,056,262
)
    
 
—
    
 
(590,759
)
    
 
—
    
 
10,931,300
                               
2021
    
 
16,149,555
    
 
(7,000,001
)
    
 
8,978,946
    
 
2,330,059
    
 
—
    
 
140,214
    
 
—
    
 
20,598,773
2020
    
 
13,157,584
    
 
(6,000,038
)
    
 
7,035,981
    
 
1,069,563
    
 
—
    
 
913,659
    
 
—
    
 
16,176,749
Other Named Executive Officers (Average)(h)
 
2023
    
 
2,876,471
    
 
(1,283,034
)
    
 
2,436,639
    
 
1,120,634
    
 
—
    
 
364,954
    
 
—
    
 
5,515,664
                               
2022
    
 
4,404,050
    
 
(1,864,740
)
    
 
1,679,345
    
 
(189,553
)
    
 
—
    
 
(126,930
)
    
 
—
    
 
3,902,172
                               
2021
    
 
5,000,888
    
 
(1,162,523
)
    
 
1,491,175
    
 
440,962
    
 
—
    
 
23,891
    
 
—
    
 
5,794,393
2020
    
 
3,572,954
    
 
(995,030
)
    
 
1,046,661
    
 
(34,562
)
    
 
—
    
 
88,339
    
 
—
    
 
3,678,362
 
(a)
Represents Total Compensation as reported in the Summary Compensation Table for the indicated fiscal year. With respect to the other named executive officers, amounts shown represent averages.
 
(b)
Represents the grant date fair value of the stock awards granted during the indicated fiscal year, computed in accordance with the methodology used for financial reporting purposes.
 
(c)
Represents the fair value as of the indicated fiscal year-end of the outstanding and unvested stock awards granted during such fiscal year, computed in accordance with the methodology used for financial reporting purposes and, for awards subject to performance-based vesting conditions, based on the probable outcome of such performance-based vesting conditions as of the last day of the fiscal year.
 
(d)
Represents the change in fair value during the indicated fiscal year of each stock award that was granted in a prior fiscal year and that remained outstanding and unvested as of the last day of the indicated fiscal year, computed in accordance with the methodology used for financial reporting purposes and, for awards subject to performance-based vesting conditions, based on the probable outcome of such performance-based vesting conditions as of the last day of the fiscal year.
 
(e)
Represents the fair value at vesting of the stock awards that were granted and vested during the indicated fiscal year, computed in accordance with the methodology used for financial reporting purposes.
 
(f)
Represents the change in fair value, measured from the prior fiscal year-end to the vesting date, of each stock award that was granted in a prior fiscal year and which vested during the indicated fiscal year, computed in accordance with the methodology used for financial reporting purposes.
 
(g)
Represents the fair value as of the last day of the prior fiscal year of the stock awards that were granted in a prior fiscal year and which failed to meet the applicable vesting conditions in the indicated fiscal year, computed in accordance with the methodology used for financial reporting purposes.
 
(h)
See footnote 1 above for the named executive officers included in the average for each year.
     
Compensation Actually Paid vs. Total Shareholder Return
     
Compensation Actually Paid vs. Net Income
     
Compensation Actually Paid vs. Company Selected Measure
     
Total Shareholder Return Vs Peer Group
     
Tabular List, Table
The following is a list of financial performance measures, which in the Company’s assessment represent the most important financial performance measures used by the Company to link compensation actually paid to the named executive officers for 2023. Please see the “CD&A” for a further description of the metrics used in the Company’s executive compensation program.
 
•
  
Adjusted Pre-Tax Income
 
•
  
Operating Margin
 
•
  
Relative Total Shareholder Return
 
•
  
Return on Invested Capital
     
Total Shareholder Return Amount $ 279 121.98 151 112.65
Peer Group Total Shareholder Return Amount 238 140.9 190.2 126.99
Net Income (Loss) $ 2,602,372,000 $ 2,617,317,000 $ 1,946,320,000 $ 1,406,839,000
Company Selected Measure Amount 3,675,219 3,638,086 2,768,070 1,909,230
PEO Name Mr. Marshall Mr. Marshall Mr. Marshall Mr. Marshall
Measure:: 1        
Pay vs Performance Disclosure        
Name Adjusted Pre-Tax Income      
Non-GAAP Measure Description
(6)
As noted in the CD&A, for 2023, the Compensation Committee determined that adjusted pre-tax income continues to be viewed as a core driver of the Company’s performance and stockholder value creation and, accordingly, was utilized as a component in the Company’s Annual Program and Growth Incentive Pool. Adjusted pre-tax Income represents Income Before Income Taxes as reported in the Company’s Annual Report, as adjusted to exclude the impact of certain items, including, where applicable: certain incentive compensation, Company-wide restructuring costs as offset by savings associated with those restructuring efforts, changes in U.S. GAAP, gain or loss on debt retirements, and adjustments to Pulte Financial Services reserves related to mortgage origination and other legacy mortgage exposures prior to 2012.
     
Measure:: 2        
Pay vs Performance Disclosure        
Name Operating Margin      
Measure:: 3        
Pay vs Performance Disclosure        
Name Relative Total Shareholder Return      
Measure:: 4        
Pay vs Performance Disclosure        
Name Return on Invested Capital      
Ryan Marshall [Member]        
Pay vs Performance Disclosure        
PEO Total Compensation Amount $ 12,530,908 $ 14,484,024 $ 16,149,555 $ 13,157,584
PEO Actually Paid Compensation Amount 39,665,057 10,931,300 20,598,773 16,176,749
PEO | Ryan Marshall [Member] | Fair Value of Stock Awards Granted [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (7,406,576) (8,605,099) (7,000,001) (6,000,038)
PEO | Ryan Marshall [Member] | Fair Value at Fiscal Year End of Outstanding and Unvested Stock Awards Granted [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 18,236,896 6,699,396 8,978,946 7,035,981
PEO | Ryan Marshall [Member] | Fair Value of Outstanding and Unvested Stock Awards Granted in Prior [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 13,634,578 (1,056,262) 2,330,059 1,069,563
PEO | Ryan Marshall [Member] | Fair Value at Vesting of Stock Awards Granted [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 0 0 0 0
PEO | Ryan Marshall [Member] | Change in Fair Value as of Vesting Date of Stock Awards Granted [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 2,669,251 (590,759) 140,214 913,659
PEO | Ryan Marshall [Member] | Fair Value as of Prior Fiscal Year End of Stock Awards Granted in Prior Fiscal Years That Failed to Meet Applicable Vesting Conditions [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 0 0 0 0
Non-PEO NEO | Fair Value of Stock Awards Granted [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (1,283,034) (1,864,740) (1,162,523) (995,030)
Non-PEO NEO | Fair Value at Fiscal Year End of Outstanding and Unvested Stock Awards Granted [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 2,436,639 1,679,345 1,491,175 1,046,661
Non-PEO NEO | Fair Value of Outstanding and Unvested Stock Awards Granted in Prior [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 1,120,634 (189,553) 440,962 (34,562)
Non-PEO NEO | Fair Value at Vesting of Stock Awards Granted [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 0 0 0 0
Non-PEO NEO | Change in Fair Value as of Vesting Date of Stock Awards Granted [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 364,954 (126,930) 23,891 88,339
Non-PEO NEO | Fair Value as of Prior Fiscal Year End of Stock Awards Granted in Prior Fiscal Years That Failed to Meet Applicable Vesting Conditions [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount $ 0 $ 0 $ 0 $ 0