Fiscal period | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
Period End Date | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 |
Financial Services-Revenue | 31.16 | 25.25 | 23.48 | 21.21 | 19.10 | 16.46 | 15.16 | 14.20 | 12.51 | 11.38 |
Home closing revenue | 6,341.55 | 6,056.78 | 6,207.50 | 5,094.87 | 4,464.39 | 3,604.63 | 3,474.71 | 3,186.78 | 3,003.43 | 2,531.56 |
Land closing revenue | 22.33 | 56.23 | 61.23 | 25.24 | 17.73 | 45.85 | 38.71 | 40.00 | 25.80 | 36.53 |
Total Revenue | 6,395.04 | 6,138.26 | 6,292.20 | 5,141.32 | 4,501.22 | 3,666.94 | 3,528.58 | 3,240.98 | 3,041.73 | 2,579.46 |
Cost of home closings | 4,761.70 | 4,554.67 | 4,434.48 | 3,676.50 | 3,483.98 | 2,923.97 | 2,842.76 | 2,624.64 | 2,474.58 | 2,049.64 |
Cost of land closings | 18.31 | 51.79 | 49.65 | 26.32 | 38.53 | 46.90 | 41.50 | 35.64 | 23.43 | 29.74 |
Home impairments | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Land impairments | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Real estate impairments | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Home closing gross profit | 1,579.84 | 1,502.11 | 1,773.02 | 1,418.38 | 980.41 | 680.66 | 631.95 | 562.14 | 528.84 | 481.92 |
Land closing gross profit | 4.02 | 4.44 | 11.58 | (1.08) | (20.79) | (1.05) | (2.80) | 4.36 | 2.37 | 6.79 |
Financial Services gross profit | 31.16 | 25.25 | 23.48 | 21.21 | 19.10 | 16.46 | 15.16 | 14.20 | 12.51 | 11.38 |
General and administrative expenses | 230.86 | 231.72 | 192.98 | 181.45 | 159.02 | 146.09 | 138.48 | 124.04 | 123.80 | 112.85 |
Commissions and other sales costs | 409.07 | 384.91 | 323.27 | 285.40 | 287.90 | 246.73 | 241.90 | 221.65 | 215.09 | 188.42 |
Financial Services-Expense | (14.66) | (12.13) | (11.13) | (9.18) | (7.80) | (6.78) | (6.45) | (6.01) | (5.59) | (5.20) |
Financial Services- Earnings from financial services unconsolidated entities and other, net | (2.10) | (0.66) | 5.95 | 6.01 | 5.09 | 10.90 | 15.34 | 13.86 | 14.98 | 13.10 |
Interest expense | -- | -- | 0.04 | 0.32 | 2.18 | 8.37 | 0.79 | 3.85 | 5.17 | 15.97 |
Goodwill and related impairments | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Earnings from unconsolidated entities, net | -- | -- | -- | -- | -- | -- | 0.60 | 2.10 | 4.06 | (0.34) |
Other income (loss) net | 45.16 | 47.95 | 2.71 | 4.86 | 6.66 | 9.58 | 10.62 | 6.41 | 4.95 | (0.95) |
Income (Loss) on extinguishment of debt | (0.63) | (0.91) | -- | (18.19) | -- | (5.64) | -- | -- | -- | 0.00 |
Earnings/(loss) before income taxes | 1,002.87 | 949.43 | 1,289.32 | 954.83 | 533.57 | 302.95 | 283.25 | 247.52 | 218.06 | 189.46 |
Current taxes:Federal | -- | 170.31 | 246.08 | 180.47 | 99.17 | 41.02 | 37.93 | 76.99 | 55.55 | 53.51 |
Current taxes:State | -- | 41.84 | 54.58 | 39.93 | 21.01 | 11.64 | 9.16 | 8.01 | 7.08 | 2.73 |
Deferred taxes:Federal | -- | (1.89) | (4.57) | (4.03) | (9.73) | (0.01) | 6.69 | 18.92 | 4.06 | (1.65) |
Deferred taxes:State | -- | 0.43 | 1.05 | 1.02 | (0.37) | 0.63 | 2.15 | 0.35 | 1.83 | 6.14 |
Provision (benefit) for income taxes | 216.68 | 210.68 | 297.13 | 217.39 | 110.09 | 53.28 | 55.92 | 104.26 | 68.52 | 60.73 |
Earnings before extraordinary items | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Extraordinary items, net of tax effects | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Net income/(loss) allocable to common shares | 786.19 | 738.75 | 992.19 | 737.44 | 423.48 | 249.66 | 227.33 | 143.26 | 149.54 | 128.74 |
Earnings before extraordinary items | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Earnings Per Share (Basic) - Extras | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Earnings per common share:Basic | 10.85 | 10.09 | 13.52 | 9.81 | 5.62 | 3.28 | 2.84 | 1.78 | 1.87 | 1.63 |
Earnings before extraordinary items | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Earnings Per Share (Diluted) - Extras | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Earnings per common share:Diluted | 10.72 | 9.97 | 13.37 | 9.65 | 5.50 | 3.21 | 2.79 | 1.71 | 1.78 | 1.55 |
Weighted average number of shares:Basic | 72.48 | 73.24 | 73.39 | 75.22 | 75.44 | 76.20 | 80.21 | 80.57 | 79.95 | 79.19 |
Weighted average number of shares:Diluted | 73.33 | 74.14 | 74.20 | 76.47 | 76.97 | 77.78 | 81.46 | 84.46 | 85.17 | 84.33 |