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Taylor Morrison Home Corp Financials

TMHC
Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE December

This page shows Taylor Morrison Home Corp (TMHC) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 14 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Profitability Growth Leverage Liquidity Cash Flow Returns 54 / 100
Financial Profile 54/100

Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores

Growth
32

Taylor Morrison Home Corp's revenue declined 0.6% year-over-year, from $8.2B to $8.1B. This contraction results in a growth score of 32/100.

Leverage
95

Taylor Morrison Home Corp carries a low D/E ratio of 0.36, meaning only $0.36 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 95/100, indicating a strong balance sheet with room for future borrowing.

Cash Flow
49

Taylor Morrison Home Corp has a free cash flow margin of 9.6%, earning a moderate score of 49/100. The company generates positive cash flow after capital investments, but with room for improvement.

Returns
39

Taylor Morrison Home Corp's ROE of 12.4% shows moderate profitability relative to equity, earning a score of 39/100. This is down from 15.1% the prior year.

Piotroski F-Score Neutral
4/9

Taylor Morrison Home Corp passes 4 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Cash-Backed
1.04x

For every $1 of reported earnings, Taylor Morrison Home Corp generates $1.04 in operating cash flow ($817.3M OCF vs $782.5M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue
$8.1B
YoY-0.6%
5Y CAGR+5.8%

Taylor Morrison Home Corp generated $8.1B in revenue in fiscal year 2025. This represents a decrease of 0.6% from the prior year.

EBITDA
N/A
Net Income
$782.5M
YoY-11.4%
5Y CAGR+26.3%
10Y CAGR+29.1%

Taylor Morrison Home Corp reported $782.5M in net income in fiscal year 2025. This represents a decrease of 11.4% from the prior year.

EPS (Diluted)
$7.77
YoY-6.0%
5Y CAGR+32.8%
10Y CAGR+15.4%

Taylor Morrison Home Corp earned $7.77 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 6.0% from the prior year.

Cash & Balance Sheet

Free Cash Flow
$777.0M
YoY+347.2%
5Y CAGR-6.5%

Taylor Morrison Home Corp generated $777.0M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 347.2% from the prior year.

Cash & Debt
$850.0M
YoY+74.5%
5Y CAGR+9.8%
10Y CAGR+21.0%

Taylor Morrison Home Corp held $850.0M in cash against $2.3B in long-term debt as of fiscal year 2025.

Dividends Per Share
N/A
Shares Outstanding
97M
YoY-5.6%
5Y CAGR-5.7%
10Y CAGR-2.3%

Taylor Morrison Home Corp had 97M shares outstanding in fiscal year 2025. This represents a decrease of 5.6% from the prior year.

Margins & Returns

Gross Margin
23.0%
YoY-1.3pp
5Y CAGR+6.0pp

Taylor Morrison Home Corp's gross margin was 23.0% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 1.3 percentage points from the prior year.

Operating Margin
N/A
Net Margin
9.6%
YoY-1.2pp
5Y CAGR+5.7pp

Taylor Morrison Home Corp's net profit margin was 9.6% in fiscal year 2025, showing the share of revenue converted to profit. This is down 1.2 percentage points from the prior year.

Return on Equity
12.4%
YoY-2.6pp
5Y CAGR+5.5pp
10Y CAGR+0.7pp

Taylor Morrison Home Corp's ROE was 12.4% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 2.6 percentage points from the prior year.

Capital Allocation

R&D Spending
N/A
Share Buybacks
$381.0M
YoY+9.6%
5Y CAGR+29.8%
10Y CAGR+38.2%

Taylor Morrison Home Corp spent $381.0M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 9.6% from the prior year.

Capital Expenditures
$40.4M
YoY+11.1%
5Y CAGR+1.3%
10Y CAGR+25.1%

Taylor Morrison Home Corp invested $40.4M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 11.1% from the prior year.

TMHC Income Statement

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Revenue $2.1B+0.2% $2.1B+3.2% $2.0B+7.1% $1.9B-19.5% $2.4B+11.1% $2.1B+6.5% $2.0B+17.1% $1.7B
Cost of Revenue $1.6B+1.1% $1.6B+3.6% $1.6B+9.1% $1.4B-20.1% $1.8B+12.8% $1.6B+4.7% $1.5B+18.4% $1.3B
Gross Profit $462.8M-2.9% $476.6M+2.0% $467.5M+0.9% $463.3M-17.9% $564.0M+6.2% $531.1M+12.4% $472.3M+13.3% $416.8M
R&D Expenses N/A N/A N/A N/A N/A N/A N/A N/A
SG&A Expenses $74.0M+13.4% $65.3M-2.1% $66.7M-1.3% $67.5M+126.8% -$251.8M-226.3% $199.3M+1.3% $196.7M+15.6% $170.2M
Operating Income N/A N/A N/A N/A N/A N/A N/A N/A
Interest Expense N/A N/A N/A N/A N/A N/A N/A $43K
Income Tax $50.7M-25.4% $67.9M+1.0% $67.3M+3.8% $64.8M+2.4% $63.3M-22.1% $81.2M+20.7% $67.3M+16.6% $57.7M
Net Income $174.0M-13.6% $201.4M+4.1% $193.6M-9.3% $213.5M-12.0% $242.5M-3.5% $251.1M+25.9% $199.5M+4.8% $190.3M
EPS (Diluted) N/A $2.01+4.7% $1.92-7.2% $2.07 N/A $2.37+27.4% $1.86+6.3% $1.75

TMHC Balance Sheet

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Total Assets $9.8B+2.2% $9.6B+1.9% $9.5B+0.7% $9.4B+0.9% $9.3B0.0% $9.3B+2.2% $9.1B+2.1% $8.9B
Current Assets N/A N/A N/A N/A N/A N/A N/A N/A
Cash & Equivalents $850.0M+129.4% $370.6M+184.7% $130.2M-65.5% $377.8M-22.4% $487.2M+90.0% $256.4M+3.9% $246.8M-55.5% $554.3M
Inventory $4.7B+2.1% $4.6B-0.2% $4.6B+2.3% $4.5B-0.2% $4.5B+2.0% $4.4B+1.8% $4.3B+4.6% $4.1B
Accounts Receivable N/A N/A N/A N/A N/A N/A N/A N/A
Goodwill $663.2M0.0% $663.2M0.0% $663.2M0.0% $663.2M0.0% $663.2M0.0% $663.2M0.0% $663.2M0.0% $663.2M
Total Liabilities $3.5B+2.9% $3.4B+1.1% $3.4B-1.0% $3.4B+0.2% $3.4B-4.4% $3.6B+0.1% $3.6B+2.5% $3.5B
Current Liabilities N/A N/A N/A N/A N/A N/A N/A N/A
Long-Term Debt $2.3B+4.6% $2.2B+4.4% $2.1B+0.8% $2.1B-1.7% $2.1B-1.1% $2.1B-0.3% $2.2B+2.7% $2.1B
Total Equity $6.3B+1.5% $6.2B+2.3% $6.1B+1.7% $6.0B+1.6% $5.9B+2.5% $5.7B+3.6% $5.5B+1.8% $5.4B
Retained Earnings $5.2B N/A N/A N/A $4.4B N/A N/A N/A

TMHC Cash Flow Statement

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Operating Cash Flow $646.4M+194.3% $219.6M+274.4% -$126.0M-263.1% $77.2M-82.4% $438.2M+222.5% $135.9M+158.2% -$233.3M-78.5% -$130.7M
Capital Expenditures $11.1M-14.7% $13.0M+69.9% $7.7M-9.8% $8.5M-15.4% $10.1M+13.9% $8.8M+6.0% $8.3M-8.6% $9.1M
Free Cash Flow $635.3M+207.5% $206.6M+254.6% -$133.6M-294.5% $68.7M-84.0% $428.2M+237.0% $127.1M+152.6% -$241.7M-72.8% -$139.8M
Investing Cash Flow -$70.9M-155.0% -$27.8M-152.3% -$11.0M+75.6% -$45.1M+16.7% -$54.1M-116.4% -$25.0M-3.1% -$24.3M+26.6% -$33.0M
Financing Cash Flow -$95.3M-312.6% $44.8M+141.9% -$106.9M+24.3% -$141.2M+8.5% -$154.3M-50.7% -$102.4M-100.6% -$51.0M+40.6% -$85.9M
Dividends Paid N/A N/A N/A N/A N/A N/A N/A N/A
Share Buybacks $71.4M-4.3% $74.6M-25.4% $100.0M-26.0% $135.1M+50.3% $89.9M+46.7% $61.3M-41.5% $104.7M+14.3% $91.6M

TMHC Financial Ratios

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Gross Margin 22.0%-0.7pp 22.7%-0.3pp 23.0%-1.4pp 24.4%+0.5pp 23.9%-1.1pp 25.0%+1.3pp 23.7%-0.8pp 24.5%
Operating Margin N/A N/A N/A N/A N/A N/A N/A N/A
Net Margin 8.3%-1.3pp 9.6%+0.1pp 9.5%-1.7pp 11.3%+1.0pp 10.3%-1.6pp 11.8%+1.8pp 10.0%-1.2pp 11.2%
Return on Equity 2.8%-0.5pp 3.3%+0.1pp 3.2%-0.4pp 3.6%-0.6pp 4.1%-0.3pp 4.4%+0.8pp 3.6%+0.1pp 3.5%
Return on Assets 1.8%-0.3pp 2.1%+0.0pp 2.1%-0.2pp 2.3%-0.3pp 2.6%-0.1pp 2.7%+0.5pp 2.2%+0.1pp 2.1%
Current Ratio N/A N/A N/A N/A N/A N/A N/A N/A
Debt-to-Equity 0.36+0.0 0.350.0 0.350.0 0.35-0.0 0.36-0.0 0.37-0.0 0.390.0 0.39
FCF Margin 30.3%+20.4pp 9.9%+16.4pp -6.6%-10.2pp 3.6%-14.5pp 18.2%+12.2pp 6.0%+18.1pp -12.1%-3.9pp -8.2%

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Frequently Asked Questions

Taylor Morrison Home Corp (TMHC) reported $8.1B in total revenue for fiscal year 2025. This represents a -0.6% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

Taylor Morrison Home Corp (TMHC) revenue declined by 0.6% year-over-year, from $8.2B to $8.1B in fiscal year 2025.

Yes, Taylor Morrison Home Corp (TMHC) reported a net income of $782.5M in fiscal year 2025, with a net profit margin of 9.6%.

Taylor Morrison Home Corp (TMHC) reported diluted earnings per share of $7.77 for fiscal year 2025. This represents a -6.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

As of fiscal year 2025, Taylor Morrison Home Corp (TMHC) had $850.0M in cash and equivalents against $2.3B in long-term debt.

Taylor Morrison Home Corp (TMHC) had a gross margin of 23.0% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

Taylor Morrison Home Corp (TMHC) had a net profit margin of 9.6% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Taylor Morrison Home Corp (TMHC) has a return on equity of 12.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

Taylor Morrison Home Corp (TMHC) generated $777.0M in free cash flow during fiscal year 2025. This represents a 347.2% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

Taylor Morrison Home Corp (TMHC) generated $817.3M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

Taylor Morrison Home Corp (TMHC) had $9.8B in total assets as of fiscal year 2025, including both current and long-term assets.

Taylor Morrison Home Corp (TMHC) invested $40.4M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Yes, Taylor Morrison Home Corp (TMHC) spent $381.0M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

Taylor Morrison Home Corp (TMHC) had 97M shares outstanding as of fiscal year 2025.

Taylor Morrison Home Corp (TMHC) had a debt-to-equity ratio of 0.36 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

Taylor Morrison Home Corp (TMHC) had a return on assets of 8.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Taylor Morrison Home Corp (TMHC) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Taylor Morrison Home Corp (TMHC) has an earnings quality ratio of 1.04x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Taylor Morrison Home Corp (TMHC) scores 54 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.

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