/TMHCFinancial History
Annual Financials
| Fiscal Year | Revenue | Gross Profit | Gross Margin | Net Income | EPS (Diluted) | Total Assets | Total Equity |
|---|---|---|---|---|---|---|---|
| FY2025 | $8.1B | $1.9B | 23.0% | $783M | $7.77 | $9.8B | $6.3B |
| FY2024 | $8.2B | $2.0B | 24.3% | $883M | $8.27 | $9.3B | $5.9B |
| FY2023 | $7.4B | $1.8B | 24.0% | $769M | $6.98 | $8.7B | $5.3B |
| FY2022 | $8.2B | $2.1B | 25.4% | $1.1B | $9.06 | $8.5B | $4.6B |
| FY2021 | $7.5B | $1.5B | 20.6% | $682M | $5.18 | $8.7B | $3.9B |
| FY2020 | $6.1B | $1.0B | 17.0% | $250M | $1.88 | $7.7B | $3.5B |
| FY2019 | $4.8B | $824M | 17.3% | $255M | $2.35 | $5.2B | $2.5B |
| FY2018 | $4.1B | $738M | 17.9% | $206M | $1.83 | $5.3B | $2.4B |
| FY2017 | $3.9B | $739M | 19.0% | $91M | $1.47 | $4.3B | $1.6B |
| FY2016 | $3.6B | $680M | 19.2% | $53M | $1.69 | $4.2B | $552M |
| FY2015 | $3.0B | $568M | 19.1% | $61M | $1.85 | $4.1B | $520M |
| FY2014 | $2.7B | $566M | 20.9% | $71M | $2.17 | $4.1B | $478M |
Builder Operating KPIsExtracted from earnings releases
| Period | Orders | Closings | Cancel % | Backlog | Backlog $ | ASP | Communities | Lots Owned | Lots Ctrl | Inventory | Specs |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Q4 FY2025 | 2,499 | 3,285 | 9.9% | 2,819 | $1.9B | $596K | 360 | — | 78,835 | — | — |
| Q3 FY2025 | 2,468 | 3,324 | 10.1% | 3,605 | $2.3B | $602K | 349 | — | 84,564 | — | — |
| Q2 FY2025 | 2,733 | 3,340 | 14.6% | 4,461 | $2.9B | $589K | 345 | — | 85,051 | — | — |
| Q1 FY2025 | 3,374 | 3,048 | 11.0% | 5,068 | $3.4B | $600K | 344 | — | 86,266 | — | — |
| Q4 FY2024 | 2,621 | 3,571 | 13.1% | 4,742 | $3.2B | $608K | 339 | — | 86,153 | — | — |
| Q3 FY2024 | 2,830 | 3,394 | 9.3% | 5,692 | $3.8B | $598K | 340 | — | 83,579 | — | — |
| Q2 FY2024 | 3,111 | 3,200 | 9.4% | 6,256 | $4.2B | $600K | 347 | — | 80,677 | — | — |
| Q1 FY2024 | 3,686 | 2,731 | 7.0% | 6,244 | $1.6B | $599K | 331 | — | 74,182 | — | — |
| Q4 FY2023 | 2,361 | 3,190 | 11.6% | 5,289 | $3.6B | $607K | 327 | — | 72,362 | — | — |
| Q3 FY2023 | 2,592 | 2,639 | 11.4% | 6,118 | $4.1B | $611K | 325 | — | 74,000 | — | — |
| Q2 FY2023 | 3,023 | 3,125 | 11.2% | 6,165 | $2.3B | $639K | 327 | — | 72,000 | — | — |
| Q1 FY2023 | 2,854 | 2,541 | 14.0% | 6,267 | $4.2B | $635K | 324 | — | 73,000 | — | — |
| Q4 FY2022 | 1,810 | 3,797 | 7.3% | 5,954 | $4.1B | $626K | 324 | — | 75,000 | — | — |
| Q3 FY2022 | 2,069 | 3,050 | 4.3% | 7,941 | $5.4B | $650K | 326 | — | 80,000 | — | — |
| Q2 FY2022 | 2,554 | 3,032 | 10.8% | 8,922 | $1.0B | $621K | 323 | — | 82,000 | — | — |
| Q1 FY2022 | 3,054 | 2,768 | 6.0% | 9,400 | $1.0B | $594K | 324 | — | 77,000 | — | — |
| Q4 FY2021 | 3,124 | 4,283 | 6.5% | 9,114 | $7.2B | $632K | 330 | — | 77,000 | — | — |
| Q3 FY2021 | 3,372 | 3,327 | 6.7% | 10,273 | $6.1B | $541K | 338 | — | 78,000 | — | — |
| Q2 FY2021 | 3,422 | 3,268 | 5.2% | 10,228 | $5.7B | $597K | 332 | — | 76,000 | — | — |
| Q1 FY2021 | — | 2,821 | 6.0% | 10,074 | $5.3B | — | 345 | — | 73,000 | — | — |
Source: SEC 8-K earnings releases, extracted via regex with provenance tracking. Showing most recent 20 quarters.
Management Sentiment Analysis
Scored from earnings release language using ML analysis. Range: -1.0 (negative) to +1.0 (positive).
Current Posture
Q4 FY2025
Score: +0.10
Demand showed slight softness with a 5% decline in net sales orders and a small drop in absorption pace, but stable monthly absorption and early 2026 momentum provide cautious optimism.
Margins contracted by 190-310 basis points year-over-year due to pricing pressures and inventory-related charges, despite SG&A leverage and cost control efforts.
Labor conditions were not explicitly discussed, indicating no significant change or concern highlighted in workforce availability or wage pressures.
Lot supply decreased slightly with fewer total homesites and lower land investment compared to prior year, reflecting some caution in land acquisition and development.
Management expressed cautious optimism with stable absorption, early positive sales trends, and strategic focus on core segments, while acknowledging ongoing market challenges.
Risks include competitive pricing pressures, economic uncertainty, cancellation rate increases, and macroeconomic headwinds noted in forward-looking statements.
Recent Trend
Sentiment for Taylor Morrison Home Corporation reveals a cautious optimism trajectory, with demand softness persisting through Q2 and Q3 before showing modest improvement in Q4. Margins consistently contracted across the three quarters due to pricing pressures and inventory-related charges, despite disciplined cost management efforts. While land supply and investment peaked mid-year before a slight pullback, management maintained steady confidence throughout, balancing optimism with acknowledgment of ongoing risks such as rising cancellations, affordability challenges, and macroeconomic uncertainties.
Builder vs. Industry Sentiment
Orange = TMHC · Gray = Industry average (Q1 FY2026)