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Taylor Morrison Home Corporation

TMHC

Taylor Morrison Home Corporation • NYSE
$62.69 ▼ -1.07% (-0.68)
Market Cap $6.13 B
52w High $74.09
52w Low $51.90
Dividend Yield 0%
P/E 7.55
Volume 458.96K
Outstanding Shares 97.73M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $2.096B ▲ $180.701M ▼ $201.441M ▲ 9.612% ▼ $2.05 ▲ $286.919M ▼
Q2-2025 $2.03B ▲ $183.044M ▲ $196.25M ▼ 9.667% ▼ $1.94 ▼ $305.373M ▲
Q1-2025 $1.896B ▼ $176.624M ▼ $213.466M ▼ 11.259% ▲ $2.11 ▼ $298.767M ▼
Q4-2024 $2.356B ▲ $204.258M ▲ $242.453M ▼ 10.289% ▼ $2.35 ▼ $391.849M ▲
Q3-2024 $2.121B $199.341M $251.126M 11.841% $2.41 $342.978M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $370.591M ▲ $9.628B ▲ $3.43B ▲ $6.184B ▲
Q2-2025 $130.174M ▼ $9.451B ▲ $3.393B ▼ $6.047B ▲
Q1-2025 $377.815M ▼ $9.384B ▲ $3.427B ▲ $5.946B ▲
Q4-2024 $487.151M ▲ $9.297B ▼ $3.419B ▼ $5.867B ▲
Q3-2024 $256.447M $9.3B $3.577B $5.705B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $201.441M ▲ $229.808M ▲ $-37.956M ▼ $44.801M ▲ $236.653M ▲ $216.761M ▲
Q2-2025 $195.985M ▼ $-125.957M ▼ $-11.013M ▲ $-106.869M ▲ $-243.839M ▼ $-133.637M ▼
Q1-2025 $213.731M ▼ $77.231M ▼ $-45.105M ▲ $-141.189M ▲ $-109.063M ▼ $68.718M ▼
Q4-2024 $244.023M ▼ $438.249M ▲ $-54.123M ▼ $-154.253M ▼ $229.873M ▲ $428.189M ▲
Q3-2024 $251.472M $135.889M $-25.01M $-102.359M $8.52M $127.06M

Revenue by Products

Product Q4-2024Q1-2025Q2-2025Q3-2025
Amenity
Amenity
 $110.00M ▲$10.00M ▼$10.00M ▲$30.00M ▲
Financial Services
Financial Services
 $50.00M ▲$50.00M ▲$50.00M ▲$60.00M ▲
Home Sales
Home Sales
 $2.17Bn ▲$1.83Bn ▼$1.97Bn ▲$2.00Bn ▲
Land Sales
Land Sales
 $30.00M ▲$0 ▼$0 ▲$10.00M ▲

Five-Year Company Overview

Income Statement

Income Statement Revenue has moved generally upward over the past five years, with only a brief dip, showing the business can grow through different housing cycles. Profitability has been strong, with healthy margins for a homebuilder and earnings that remain well above early‑period levels, even after pulling back from a prior peak. This suggests disciplined pricing, good cost control, and a focus on higher-value products. However, the slight step-down in earnings from the peak year hints that the most favorable conditions may be behind them, and results are now normalizing to a more sustainable level rather than surging.

Balance Sheet

Balance Sheet The balance sheet looks progressively stronger. Total assets and shareholders’ equity have steadily increased, reflecting retained profits and reinvestment in the business. Debt has been brought down meaningfully over time, which improves financial flexibility and reduces risk in a cyclical industry like homebuilding. Cash balances move around from year to year, but the broader pattern shows a company that has used excess cash to strengthen its capital structure, not one relying heavily on borrowing to fund growth.

Cash Flow

Cash Flow Cash generation is positive over the period but quite uneven, which is typical for a homebuilder given the lumpy nature of land purchases and home inventory. There are years of very strong operating cash flow followed by periods where more cash is tied up in growth and community development. Free cash flow remains positive overall, helped by relatively light spending on equipment and facilities. The pattern suggests management is willing to reinvest heavily when they see opportunity, even if it temporarily dampens reported cash flow in a given year.

Competitive Edge

Competitive Edge Taylor Morrison operates as a large national homebuilder with a broad product range, from entry-level homes to luxury and resort-style communities, as well as 55+ living. This diversity helps spread risk across buyer types and price points. Their “dual-track” strategy—adjusting between volume and margin depending on the market segment—gives them flexibility when conditions change. A strong reputation for trust and quality, together with an in-house mortgage and title platform, deepens customer relationships and can reduce friction in the buying process. At the same time, the business remains exposed to the usual housing-cycle pressures: interest rates, consumer confidence, and local supply-demand imbalances.

Innovation and R&D

Innovation and R&D Innovation is a notable strength for Taylor Morrison. The company leans into digital tools that let customers explore, design, and even purchase homes online, which aligns well with shifting buyer behavior. Its Interactive Home 2.0 platform, smart-home partnerships, and wellness-focused features (such as enhanced air quality and smart security) differentiate the product beyond just floor plans and finishes. Programs like TM LiveWell and TM LiveSmart show a clear focus on health, convenience, and connected living. Forward-looking design themes—multi-generational layouts, stronger indoor–outdoor connections, sensory design, and efficiency-focused smaller homes—position the company to respond to demographic changes and affordability challenges rather than simply reacting to them.

Summary

Overall, Taylor Morrison combines solid financial performance with a strengthening balance sheet and a thoughtful, innovation-oriented strategy. Profits and returns have been robust, even while normalizing from earlier highs, and leverage has been reduced to a more comfortable level for a cyclical business. Cash flows are uneven but ultimately supportive of reinvestment and growth. Competitively, the company benefits from scale, a diversified product lineup, and a recognized brand, while its digital-first, wellness, and smart-home initiatives help it stand out in a crowded market. The main uncertainties relate to the broader housing cycle and interest-rate environment, but the business appears structured to navigate ups and downs with more flexibility than a traditional, undifferentiated homebuilder.

NEWS

November 20, 2025 · 6:03 AM UTC

Fortune Names Taylor Morrison to 2025 Best Workplaces in Construction™ and Best Workplaces for Women™ Lists

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November 10, 2025 · 7:30 AM UTC

TAYLOR MORRISON ANNOUNCES EXPIRATION AND RESULTS OF CASH TENDER OFFER FOR ANY AND ALL OUTSTANDING 5.875% SENIOR NOTES DUE 2027

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November 7, 2025 · 3:46 PM UTC

TAYLOR MORRISON ANNOUNCES PRICING TERMS OF CASH TENDER OFFER FOR ANY AND ALL OUTSTANDING 5.875% SENIOR NOTES DUE 2027

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November 5, 2025 · 6:03 AM UTC

Taylor Morrison is Paying Mortgages for Homeowners in Need this Holiday Season

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November 3, 2025 · 5:11 PM UTC

Taylor Morrison Prices 5.750% Senior Notes Offering

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