Taylor Morrison Home Corp Financials
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Taylor Morrison Home Corp's revenue grew 10.1% year-over-year to $8.2B, a solid pace of expansion. This earns a growth score of 57/100.
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 98/100, indicating a strong balance sheet with room for future borrowing.
Taylor Morrison Home Corp's free cash flow margin of 2.1% results in a low score of 11/100. Capital expenditures of $36.3M absorb a large share of operating cash flow.
Taylor Morrison Home Corp's ROE of 15.1% shows moderate profitability relative to equity, earning a score of 60/100. This is up from 14.5% the prior year.
Taylor Morrison Home Corp passes 7 of 9 financial strength tests. 3 of 4 profitability signals pass, all 2 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Taylor Morrison Home Corp generates $0.24 in operating cash flow ($210.1M OCF vs $883.3M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
This page shows Taylor Morrison Home Corp (TMHC) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 13 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).
Key Financial Metrics
Taylor Morrison Home Corp generated $8.2B in revenue in fiscal year 2024. This represents an increase of 10.1% from the prior year.
Taylor Morrison Home Corp generated $173.7M in free cash flow in fiscal year 2024, representing cash available after capex. This represents a decrease of 77.5% from the prior year.
Taylor Morrison Home Corp reported $883.3M in net income in fiscal year 2024. This represents an increase of 14.9% from the prior year.
Taylor Morrison Home Corp earned $8.27 per diluted share (EPS) in fiscal year 2024. This represents an increase of 18.5% from the prior year.
Taylor Morrison Home Corp held $487.2M in cash against $2.1B in long-term debt as of fiscal year 2024.
Taylor Morrison Home Corp had 102M shares outstanding in fiscal year 2024. This represents a decrease of 4.4% from the prior year.
Taylor Morrison Home Corp's gross margin was 24.3% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is up 0.3 percentage points from the prior year.
Taylor Morrison Home Corp's net profit margin was 10.8% in fiscal year 2024, showing the share of revenue converted to profit. This is up 0.4 percentage points from the prior year.
Taylor Morrison Home Corp's ROE was 15.1% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is up 0.6 percentage points from the prior year.
Taylor Morrison Home Corp spent $347.6M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents an increase of 171.6% from the prior year.
Taylor Morrison Home Corp invested $36.3M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents an increase of 8.7% from the prior year.
TMHC Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.1B+3.2% | $2.0B+7.1% | $1.9B-19.5% | $2.4B+18.4% | $2.0B+17.1% | $1.7B-15.8% | $2.0B+20.5% | $1.7B |
| Cost of Revenue | $1.6B+3.6% | $1.6B+9.1% | $1.4B-20.1% | $1.8B+18.0% | $1.5B+18.4% | $1.3B-16.0% | $1.5B+19.0% | $1.3B |
| Gross Profit | $476.6M+2.0% | $467.5M+0.9% | $463.3M-17.9% | $564.0M+19.4% | $472.3M+13.3% | $416.8M-15.3% | $492.1M+25.6% | $391.7M |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $65.3M-2.1% | $66.7M-1.3% | $67.5M+126.8% | -$251.8M-228.0% | $196.7M+15.6% | $170.2M-9.6% | $188.2M+12.2% | $167.8M |
| 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 | $43K-92.4% | $564K-90.2% | $5.8M |
| Income Tax | $67.9M+1.0% | $67.3M+3.8% | $64.8M+2.4% | $63.3M-5.9% | $67.3M+16.6% | $57.7M+10.8% | $52.1M-10.1% | $58.0M |
| Net Income | $201.4M+4.1% | $193.6M-9.3% | $213.5M-12.0% | $242.5M+21.6% | $199.5M+4.8% | $190.3M+10.2% | $172.6M+1.1% | $170.7M |
| EPS (Diluted) | $2.01+4.7% | $1.92-7.2% | $2.07-9.6% | $2.29+23.1% | $1.86+6.3% | $1.75+10.8% | $1.58+2.6% | $1.54 |
TMHC Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $9.6B+1.9% | $9.5B+0.7% | $9.4B+0.9% | $9.3B+2.2% | $9.1B+2.1% | $8.9B+2.7% | $8.7B+2.8% | $8.4B |
| Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash & Equivalents | $370.6M+184.7% | $130.2M-65.5% | $377.8M-22.4% | $487.2M+97.4% | $246.8M-55.5% | $554.3M-30.6% | $798.6M+30.1% | $613.8M |
| Inventory | $4.6B-0.2% | $4.6B+2.3% | $4.5B-0.2% | $4.5B+3.9% | $4.3B+4.6% | $4.1B+6.1% | $3.9B | N/A |
| 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 | $3.4B+1.1% | $3.4B-1.0% | $3.4B+0.2% | $3.4B-4.3% | $3.6B+2.5% | $3.5B+4.3% | $3.3B+2.4% | $3.3B |
| Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Long-Term Debt | $2.2B+4.4% | $2.1B+0.8% | $2.1B-1.7% | $2.1B-1.4% | $2.2B+2.7% | $2.1B+3.8% | $2.0B+1.3% | $2.0B |
| Total Equity | $6.2B+2.3% | $6.1B+1.7% | $6.0B+1.6% | $5.9B+6.2% | $5.5B+1.8% | $5.4B+2.1% | $5.3B+2.7% | $5.2B |
| Retained Earnings | N/A | N/A | N/A | $4.4B | N/A | N/A | $3.5B | N/A |
TMHC Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $219.6M+274.4% | -$126.0M-263.1% | $77.2M-82.4% | $438.2M+287.8% | -$233.3M-78.5% | -$130.7M-151.1% | $255.6M+552.0% | -$56.5M |
| Capital Expenditures | $13.0M+69.9% | $7.7M-9.8% | $8.5M-15.4% | $10.1M+20.8% | $8.3M-8.6% | $9.1M+166.9% | -$13.6M-152.4% | $26.0M |
| Free Cash Flow | $206.6M+254.6% | -$133.6M-294.5% | $68.7M-84.0% | $428.2M+277.2% | -$241.7M-72.8% | -$139.8M-157.8% | $242.0M+393.2% | -$82.5M |
| Investing Cash Flow | -$27.8M-152.3% | -$11.0M+75.6% | -$45.1M+16.7% | -$54.1M-123.1% | -$24.3M+26.6% | -$33.0M-970.5% | -$3.1M+93.7% | -$49.3M |
| Financing Cash Flow | $44.8M+141.9% | -$106.9M+24.3% | -$141.2M+8.5% | -$154.3M-202.2% | -$51.0M+40.6% | -$85.9M-43.2% | -$60.0M+88.2% | -$507.6M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | $74.6M-25.4% | $100.0M-26.0% | $135.1M+50.3% | $89.9M-14.2% | $104.7M+14.3% | $91.6M+275.7% | $24.4M-75.6% | $100.0M |
TMHC Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 22.7%-0.3pp | 23.0%-1.4pp | 24.4%+0.5pp | 23.9%+0.2pp | 23.7%-0.8pp | 24.5%+0.2pp | 24.4%+1.0pp | 23.4% |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | 9.6%+0.1pp | 9.5%-1.7pp | 11.3%+1.0pp | 10.3%+0.3pp | 10.0%-1.2pp | 11.2%+2.6pp | 8.5%-1.7pp | 10.2% |
| Return on Equity | 3.3%+0.1pp | 3.2%-0.4pp | 3.6%-0.6pp | 4.1%+0.5pp | 3.6%+0.1pp | 3.5%+0.3pp | 3.3%-0.1pp | 3.3% |
| Return on Assets | 2.1%+0.0pp | 2.1%-0.2pp | 2.3%-0.3pp | 2.6%+0.4pp | 2.2%+0.1pp | 2.1%+0.1pp | 2.0%-0.0pp | 2.0% |
| Current Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Debt-to-Equity | 0.350.0 | 0.350.0 | 0.35-0.0 | 0.36-0.0 | 0.390.0 | 0.390.0 | 0.380.0 | 0.38 |
| FCF Margin | 9.9%+16.4pp | -6.6%-10.2pp | 3.6%-14.5pp | 18.2%+30.3pp | -12.1%-3.9pp | -8.2%-20.2pp | 12.0%+16.9pp | -4.9% |
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Frequently Asked Questions
What is Taylor Morrison Home Corp's annual revenue?
Taylor Morrison Home Corp (TMHC) reported $8.2B in total revenue for fiscal year 2024. This represents a 10.1% 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.
How fast is Taylor Morrison Home Corp's revenue growing?
Taylor Morrison Home Corp (TMHC) revenue grew by 10.1% year-over-year, from $7.4B to $8.2B in fiscal year 2024.
Is Taylor Morrison Home Corp profitable?
Yes, Taylor Morrison Home Corp (TMHC) reported a net income of $883.3M in fiscal year 2024, with a net profit margin of 10.8%.
What is Taylor Morrison Home Corp's earnings per share (EPS)?
Taylor Morrison Home Corp (TMHC) reported diluted earnings per share of $8.27 for fiscal year 2024. This represents a 18.5% 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.
How much debt does Taylor Morrison Home Corp have?
As of fiscal year 2024, Taylor Morrison Home Corp (TMHC) had $487.2M in cash and equivalents against $2.1B in long-term debt.
What is Taylor Morrison Home Corp's gross margin?
Taylor Morrison Home Corp (TMHC) had a gross margin of 24.3% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Taylor Morrison Home Corp's net profit margin?
Taylor Morrison Home Corp (TMHC) had a net profit margin of 10.8% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Taylor Morrison Home Corp's return on equity (ROE)?
Taylor Morrison Home Corp (TMHC) has a return on equity of 15.1% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Taylor Morrison Home Corp's free cash flow?
Taylor Morrison Home Corp (TMHC) generated $173.7M in free cash flow during fiscal year 2024. This represents a -77.5% 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.
What is Taylor Morrison Home Corp's operating cash flow?
Taylor Morrison Home Corp (TMHC) generated $210.1M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Taylor Morrison Home Corp's total assets?
Taylor Morrison Home Corp (TMHC) had $9.3B in total assets as of fiscal year 2024, including both current and long-term assets.
What are Taylor Morrison Home Corp's capital expenditures?
Taylor Morrison Home Corp (TMHC) invested $36.3M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
Does Taylor Morrison Home Corp buy back shares?
Yes, Taylor Morrison Home Corp (TMHC) spent $347.6M on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.
How many shares does Taylor Morrison Home Corp have outstanding?
Taylor Morrison Home Corp (TMHC) had 102M shares outstanding as of fiscal year 2024.
What is Taylor Morrison Home Corp's debt-to-equity ratio?
Taylor Morrison Home Corp (TMHC) had a debt-to-equity ratio of 0.36 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Taylor Morrison Home Corp's return on assets (ROA)?
Taylor Morrison Home Corp (TMHC) had a return on assets of 9.5% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Taylor Morrison Home Corp's Piotroski F-Score?
Taylor Morrison Home Corp (TMHC) has a Piotroski F-Score of 7 out of 9, indicating strong 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.
Are Taylor Morrison Home Corp's earnings high quality?
Taylor Morrison Home Corp (TMHC) has an earnings quality ratio of 0.24x, considered low quality (accrual-driven). 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.
How financially healthy is Taylor Morrison Home Corp?
Taylor Morrison Home Corp (TMHC) scores 57 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.