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Industry Center - Residential Construction
Industry Center > Residential Construction > Centex Corporation Company Profile
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Centex Corporation Company Profile
Home is at the heart of Centex Corporation. One of the top US homebuilders, its Centex Homes business has homebuilding operations in around 75 markets in more than 20 states. In fiscal 2009 the company sold some 14,500 homes (about half of what it sold the year before) for prices ranging from $65,000 to around $3 million. It primarily builds for first-time buyers, as well as the move-up and luxury markets. The company also offers mortgages through CTX Mortgage. Rival Pulte Homes is buying Centex Corporation for some $1.3 billion, plus the assumption of approximately $1.8 billion in debt. The combined firm, which will retain the Pulte name, will be the largest homebuilder in the US.
Headlines for Centex Corporation
Looking for land in all the right places
AP - Fri Nov 6
Pulte Homes, Merck, Garmin are big movers
AP - Wed Nov 4
[external] Fed Says Economy Is Picking Up
at Forbes.com - Wed Nov 4
Pulte Homes posts $361.4M loss for Q3
AP - Wed Nov 4
More Headlines...
More on Centex Corporation
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Contact Information
Address: 2728 N. Harwood
Dallas, TX 75201-1516
Phone:214-981-5000
Fax:214-981-6859
Financial Highlights
Fiscal Year End:March
Revenue (2009):3826.50 M
Revenue Growth (1 yr):(-53.80%)
Employees (2009):2,463
Employee Growth (1 yr):(-62.30%)
Key People
Chairman, President, CEO, and COO: Timothy R. (Tim) Eller
EVP and CFO: Catherine R. (Cathy) Smith
SVP Strategy, Marketing, Sales, and Corporate Development: Robert S. Stewart
Industry Information
Sector: Industrial Goods
Industry: Residential Construction
Top Competitors
D.R. Horton, Inc. (dhi)
Lennar Corporation (len)
Pulte Homes, Inc. (phm)
 


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