Newest figures come from the 10-Q for Q1 FY2026, filed Apr 22, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the TMHC SEC filings page.
Taylor Morrison Home Corp (TMHC) reported $7.6B in revenue over the twelve months to Mar 31, 2026, down 9.0% from the prior twelve months. This page shows its 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).
Homebuilding earnings are inventory-cycle driven: 2025 cash conversion rebounded while margins and returns compressed.
The cash-conversion swing from free cash flow of$174M in FY2024 to$777M in FY2025, despite lower net income, points to working-capital timing rather than a matching change in profitability. Inventory increased from$4.5B to$4.7B while operating cash flow recovered, showing that reported earnings and cash generation can diverge materially in this business.
Revenue was broadly flat across FY2024 and FY2025, so the lower earnings reflect weaker profitability rather than a major volume reset. Gross margin narrowed from
Debt-to-equity held at 0.4x in both FY2024 and FY2025 even as assets expanded, indicating an equity-supported balance sheet rather than growth funded primarily by additional leverage. That posture matters because substantial inventory ties capital up before it becomes cash.
Financial Health Signals
Taylor Morrison Home Corp does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
Taylor Morrison Home Corp passes 4 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.
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
Earnings & Revenue
Taylor Morrison Home Corp generated $1.4B in revenue in Q1 2026. This represents a decrease of 26.8% from the same quarter a year earlier. Against the prior quarter it is down 33.9%.
Taylor Morrison Home Corp reported $98.6M in net income in Q1 2026. This represents a decrease of 53.8% from the same quarter a year earlier. Against the prior quarter it is down 43.3%.
Taylor Morrison Home Corp earned $1.01 per diluted share (EPS) in Q1 2026. This represents a decrease of 51.2% from the same quarter a year earlier. Against the prior quarter it is down 42.9%.
Not reported for Q1 2026.
Cash & Balance Sheet
Taylor Morrison Home Corp recorded an outflow of $20.4M in free cash flow in Q1 2026, representing a cash shortfall after capex. This represents a decrease of 129.7% from the same quarter a year earlier. Against the prior quarter it is down 103.2%.
Taylor Morrison Home Corp held $652.9M in cash against $2.3B in long-term debt as of Q1 2026.
Not reported for Q1 2026.
Margins & Returns
Taylor Morrison Home Corp's gross margin was 20.9% in Q1 2026, indicating the percentage of revenue retained after direct costs. This is down 3.5 percentage points from the same quarter a year earlier. Against the prior quarter it is down 1.1 percentage points.
Taylor Morrison Home Corp's net profit margin was 7.1% in Q1 2026, showing the share of revenue converted to profit. This is down 4.2 percentage points from the same quarter a year earlier. Against the prior quarter it is down 1.2 percentage points.
Taylor Morrison Home Corp's ROE was 1.6% in Q1 2026, measuring profit generated per dollar of shareholder equity. This is down 2.0 percentage points from the same quarter a year earlier. Against the prior quarter it is down 1.2 percentage points.
Not reported for Q1 2026.
Capital Allocation
Taylor Morrison Home Corp spent $149.6M on share buybacks in Q1 2026, returning capital to shareholders by reducing shares outstanding. This represents an increase of 10.7% from the same quarter a year earlier. Against the prior quarter it is up 109.6%.
Taylor Morrison Home Corp invested $10.0M in capex in Q1 2026, funding long-term assets and infrastructure. This represents an increase of 17.0% from the same quarter a year earlier. Against the prior quarter it is down 10.5%.
Not reported for Q1 2026.
TMHC Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.4B-26.8% | $2.1B-10.9% | $2.1B-1.2% | $2.0B+2.0% | $1.9B+11.5% | $2.4B+16.7% | $2.1B+26.6% | $2.0B-3.4% |
| Cost of Revenue | $1.1B-23.5% | $1.6B-8.7% | $1.6B+1.8% | $1.6B+2.9% | $1.4B+11.7% | $1.8B+17.3% | $1.6B+23.8% | $1.5B-2.7% |
| Gross Profit | $290.6M-37.3% | $462.8M-17.9% | $476.6M-10.3% | $467.5M-1.0% | $463.3M+11.1% | $564.0M+14.6% | $531.1M+35.6% | $472.3M-5.5% |
| SG&A Expenses | $59.0M-12.7% | $74.0M+129.4% | $65.3M-67.3% | $66.7M-66.1% | $67.5M-60.3% | -$251.8M-233.8% | $199.3M+18.8% | $196.7M+7.1% |
| Income Tax | $30.3M-53.3% | $50.7M-19.9% | $67.9M-16.3% | $67.3M0.0% | $64.8M+12.3% | $63.3M+21.5% | $81.2M+40.1% | $67.3M-16.8% |
| Net Income | $98.6M-53.8% | $174.0M-28.2% | $201.4M-19.8% | $193.6M-2.9% | $213.5M+12.2% | $242.5M+40.5% | $251.1M+47.1% | $199.5M-15.0% |
| EPS (Basic) | $1.03-51.2% | $1.80-23.4% | $2.05-14.9% | $1.94+2.6% | $2.11+17.9% | $2.35+46.0% | $2.41+53.5% | $1.89-12.1% |
| EPS (Diluted) | $1.01-51.2% | $1.77-23.0% | $2.01-15.2% | $1.92+3.2% | $2.07+18.3% | $2.30+45.6% | $2.37+53.9% | $1.86-12.3% |
| Diluted Shares (Avg) | 98M-5.3% | N/A | 100M-5.7% | 101M-5.9% | 103M-5.1% | N/A | 106M-4.1% | 107M-3.3% |
Not reported in any period shown, so not listed: R&D Expenses, Operating Income, EBITDA, Interest Expense.
TMHC Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $9.8B+4.1% | $9.8B+5.8% | $9.6B+3.5% | $9.5B+3.9% | $9.4B+5.3% | $9.3B+7.2% | $9.3B+10.2% | $9.1B+4.0% |
| Cash & Equivalents | $652.9M+72.8% | $850.0M+74.5% | $370.6M+44.5% | $130.2M-47.3% | $377.8M-31.8% | $487.2M-39.0% | $256.4M-58.2% | $246.8M-79.9% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $4.8B+6.5% | $4.7B+4.0% | $4.6B+3.9% | $4.6B+6.1% | $4.5B+8.6% | $4.5B+15.4% | $4.4B | $4.3B |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $663.2M0.0% | $663.2M0.0% | $663.2M0.0% | $663.2M0.0% | $663.2M0.0% | $663.2M0.0% | $663.2M0.0% | $663.2M0.0% |
| Total Liabilities | $3.5B+2.8% | $3.5B+3.2% | $3.4B-4.1% | $3.4B-5.0% | $3.4B-1.7% | $3.4B+2.4% | $3.6B+9.7% | $3.6B-2.2% |
| Long-Term Debt | $2.3B+12.4% | $2.3B+8.0% | $2.2B+2.2% | $2.1B-2.4% | $2.1B-0.5% | $2.1B+5.1% | $2.1B+7.6% | $2.2B-10.2% |
| Total Equity | $6.2B+4.9% | $6.3B+7.3% | $6.2B+8.3% | $6.1B+9.6% | $6.0B+9.8% | $5.9B+10.4% | $5.7B+10.6% | $5.5B+8.5% |
| Retained Earnings | N/A | $5.2B+17.8% | N/A | N/A | N/A | $4.4B+25.2% | N/A | N/A |
Not reported in any period shown, so not listed: Current Assets, Accounts Receivable, Current Liabilities, Non-Current Liabilities.
TMHC Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$10.4M-113.5% | $646.4M+47.5% | $219.6M+61.6% | -$126.0M+46.0% | $77.2M+159.1% | $438.2M+71.5% | $135.9M+340.3% | -$233.3M-189.9% |
| Depreciation & Amortization | $10.7M+19.0% | $10.6M+9.4% | $10.4M+5.0% | $10.1M-10.5% | $9.0M-12.0% | $9.7M+0.1% | $9.9M+7.3% | $11.3M+53.3% |
| Stock-Based Compensation | $6.6M-15.7% | N/A | $6.5M+19.7% | $8.0M+32.0% | $7.8M+42.0% | N/A | $5.5M-4.2% | $6.1M+15.2% |
| Capital Expenditures | $10.0M+17.0% | $11.1M+10.7% | $13.0M+47.8% | $7.7M-7.8% | $8.5M-6.6% | $10.1M-26.1% | $8.8M-66.0% | $8.3M+15.1% |
| Free Cash Flow | -$20.4M-129.7% | $635.3M+48.4% | $206.6M+62.6% | -$133.6M+44.7% | $68.7M+149.1% | $428.2M+76.9% | $127.1M+253.9% | -$241.7M-195.7% |
| Investing Cash Flow | -$18.1M+59.8% | -$70.9M-30.9% | -$27.8M-11.1% | -$11.0M+54.6% | -$45.1M-36.5% | -$54.1M-1653.3% | -$25.0M+49.2% | -$24.3M-19.8% |
| Financing Cash Flow | -$169.2M-19.9% | -$95.3M+38.3% | $44.8M+143.8% | -$106.9M-109.4% | -$141.2M-64.3% | -$154.3M-157.1% | -$102.4M+79.8% | -$51.0M-149.0% |
| Share Buybacks | $149.6M+10.7% | $71.4M-20.6% | $74.6M+21.6% | $100.0M-4.5% | $135.1M+47.4% | $89.9M+268.6% | $61.3M-38.7% | $104.7M |
Not reported in any period shown, so not listed: Dividends Paid.
TMHC Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 20.9%-3.5pp | 22.0%-1.9pp | 22.7%-2.3pp | 23.0%-0.7pp | 24.4%-0.1pp | 23.9%-0.4pp | 25.0%+1.7pp | 23.7%-0.5pp |
| Net Margin | 7.1%-4.2pp | 8.3%-2.0pp | 9.6%-2.2pp | 9.5%-0.5pp | 11.3%+0.1pp | 10.3%+1.8pp | 11.8%+1.7pp | 10.0%-1.4pp |
| Return on Equity | 1.6%-2.0pp | 2.8%-1.4pp | 3.3%-1.1pp | 3.2%-0.4pp | 3.6%+0.1pp | 4.1%+0.9pp | 4.4%+1.1pp | 3.6%-1.0pp |
| Return on Assets | 1.0%-1.3pp | 1.8%-0.8pp | 2.1%-0.6pp | 2.1%-0.1pp | 2.3%+0.1pp | 2.6%+0.6pp | 2.7%+0.7pp | 2.2%-0.5pp |
| Debt-to-Equity | 0.370.0x | 0.360.0x | 0.350.0x | 0.350.0x | 0.350.0x | 0.360.0x | 0.370.0x | 0.39-0.1x |
| Asset Turnover | 0.14-0.1x | 0.210.0x | 0.220.0x | 0.210.0x | 0.200.0x | 0.250.0x | 0.230.0x | 0.220.0x |
| FCF Margin | -1.5%-5.1pp | 30.3%+12.1pp | 9.9%+3.9pp | -6.6%+5.6pp | 3.6%+11.8pp | 18.2%+6.2pp | 6.0%+10.9pp | -12.1%-24.4pp |
Not reported in any period shown, so not listed: Operating Margin, Current Ratio.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Taylor Morrison Home Corp TMHC | FY2025 | $8.1B | $782.5M | 9.6% | $6.7B | — |
| Installed Bldg Prods Inc IBP | FY2025 | $3.0B | $265.4M | 8.9% | $6.2B | 66/100 |
| Meritage Homes Corp MTH | FY2025 | N/A | $453.0M | N/A | $4.4B | — |
| KB Home KBH | FY2025 | $6.2B | $428.8M | 6.9% | $3.2B | 23/100 |
| Cavco Industries CVCO | FY2026 | $2.2B | $191.2M | 8.5% | $4.3B | 71/100 |
| M/I HOMES INC MHO | FY2025 | $4.4B | $402.9M | 9.1% | $3.7B | 39/100 |
Where Taylor Morrison Home Corp Ranks
Frequently Asked Questions
What is Taylor Morrison Home Corp's annual revenue?
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.
How fast is Taylor Morrison Home Corp's revenue growing?
Taylor Morrison Home Corp (TMHC) revenue declined by 0.6% year-over-year, from $8.2B to $8.1B in fiscal year 2025.
Is Taylor Morrison Home Corp profitable?
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%.
How much debt does Taylor Morrison Home Corp have?
As of fiscal year 2025, Taylor Morrison Home Corp (TMHC) had $850.0M in cash and equivalents against $2.3B in long-term debt.
What is Taylor Morrison Home Corp's gross margin?
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.
What is Taylor Morrison Home Corp's net profit margin?
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.
What is Taylor Morrison Home Corp's return on equity (ROE)?
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.
What is Taylor Morrison Home Corp's free cash flow?
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.
What is Taylor Morrison Home Corp's operating cash flow?
Taylor Morrison Home Corp (TMHC) generated $817.3M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Taylor Morrison Home Corp's total assets?
Taylor Morrison Home Corp (TMHC) had $9.8B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Taylor Morrison Home Corp's capital expenditures?
Taylor Morrison Home Corp (TMHC) invested $40.4M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
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 2025, 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 8.0% for fiscal year 2025, 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 4 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 to 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 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.