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Taylor Morrison Home Corporation, together with its subsidiaries, operates as a homebuilder and land developer in the United States. It designs, builds, and sells single, and multifamily detached and attached homes in markets for entry-level, move-up, and resort lifestyle buyers under the Taylor Morrison and Esplanade brand names; and develops lifestyle and master-planned communities with single, and multi-family detached and attached homes. The company is also involved in the Build-to-Rent homebuilding business under the Yardly brand name; and provision of financial services, title insurance, and closing settlement services. Taylor Morrison Home Corporation was founded in 1936 and is headquartered in Scottsdale, Arizona.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $8.1B | $1.2B | $783M | $777M | 12.4% | -0.6% | -11.4% |
| 2024 | $8.2B | $1.3B | $883M | $174M | 15.1% | 10.1% | 14.9% |
| 2023 | $7.4B | $1.1B | $769M | $773M | 14.5% | -9.8% | -27.0% |
| 2022 | $8.2B | $1.5B | $1.1B | $1.1B | 22.7% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 8,224.92 | 7,417.83 | 8,168.14 | 8,121.48 |
| Operating Revenue | - | 8,224.92 | 7,417.83 | 8,168.14 | 8,121.48 |
| Cost Of Revenue | - | 6,132.55 | 5,634.76 | 6,183.92 | 6,251.27 |
| Gross Profit | - | 2,092.37 | 1,783.07 | 1,984.21 | 1,870.21 |
| Operating Expense | - | 643.21 | 698.71 | 770.50 | 734.99 |
| Selling General And Administration | - | 643.21 | 698.71 | 770.50 | 734.99 |
| Total Expenses | - | 6,775.76 | 6,333.46 | 6,954.42 | 6,986.26 |
| Operating Income | - | 1,449.15 | 1,084.37 | 1,213.71 | 1,135.22 |
| EBITDA | - | 1,482.99 | 1,117.77 | 1,254.90 | 1,175.40 |
| Normalized EBITDA | - | 1,469.12 | 1,118.07 | 1,254.90 | 1,188.72 |
| EBIT | - | 1,449.15 | 1,084.37 | 1,213.71 | 1,135.22 |
| Interest Expense | 3.79 | 17.67 | - | - | - |
| Net Interest Income | - | -17.67 | 12.58 | -13.32 | -47 |
| Other Non Operating Income Expenses | - | -38.50 | -87.57 | -50.63 | -37.71 |
| Other Income Expense | - | -38.80 | -79.10 | -44.28 | -46.17 |
| Interest Expense Non Operating | 3.79 | 17.67 | - | - | - |
| Net Non Operating Interest Income Expense | - | -17.67 | 12.58 | -13.32 | -47 |
| Pretax Income | - | 1,392.68 | 1,017.84 | 1,156.12 | 1,042.04 |
| Tax Provision | - | 336.43 | 248.10 | 269.55 | 250.78 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | 3.36 | -0.07 | 0 | -3.21 |
| Net Income Continuous Operations | - | 1,056.25 | 769.74 | 886.57 | 791.26 |
| Net Income From Continuing And Discontinued Operation | - | 1,052.80 | 768.93 | 883.31 | 782.50 |
| Net Income From Continuing Operation Net Minority Interest | - | 1,052.80 | 768.93 | 883.31 | 782.50 |
| Net Income | - | 1,052.80 | 768.93 | 883.31 | 782.50 |
| Net Income Common Stockholders | - | 1,052.80 | 768.93 | 883.31 | 782.50 |
| Net Income Including Noncontrolling Interests | - | 1,056.25 | 769.74 | 886.57 | 791.26 |
| Normalized Income | - | 1,042.28 | 769.15 | 883.31 | 792.61 |
| Diluted NI Availto Com Stockholders | - | 1,052.80 | 768.93 | 883.31 | 782.50 |
| Basic Average Shares | - | 114.98 | 108.42 | 104.81 | 99.07 |
| Diluted Average Shares | - | 116.22 | 110.14 | 106.85 | 100.71 |
| Reconciled Depreciation | - | 33.84 | 33.41 | 41.19 | 40.18 |
| Reconciled Cost Of Revenue | - | 6,132.55 | 5,634.76 | 6,183.92 | 6,251.27 |
| Total Unusual Items | - | 13.88 | -0.30 | 0 | -13.32 |
| Total Unusual Items Excluding Goodwill | - | 13.88 | -0.30 | 0 | -13.32 |
| Minority Interests | - | -3.45 | -0.81 | -3.26 | -8.76 |
| Special Income Charges | - | 13.88 | -0.30 | 0 | -13.32 |
| Other Special Charges | - | -13.88 | 0.30 | - | 13.32 |
| Restructuring And Mergern Acquisition | 0 | 0 | - | - | - |
| General And Administrative Expense | - | 245.14 | 280.57 | 314.41 | 273.51 |
| Other Gand A | - | 245.14 | 280.57 | 314.41 | 273.51 |
| Total Other Finance Cost | - | 17.67 | -12.58 | 13.32 | 47 |
| Selling And Marketing Expense | - | 398.07 | 418.13 | 456.09 | 461.48 |
| Earnings From Equity Interest | - | -14.18 | 8.76 | 6.35 | 4.87 |
Consumer Cyclical sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Taylor Morrison Home Corporationthis co. | TMHC | $6.6B | 8.41↓ discount | 1.05 | 12.4% | 6.89 |
| Super Group (SGHC) Limited | SGHC | $6.6B | 30.53 | 8.25 | 27.0% | 14.04 |
| Garrett Motion Inc. | GTX | $6.2B | 19.84 | -7.67 | -38.7% | 12.36 |
| Rush Street Interactive, Inc. | RSI | $6.1B | 182.36 | 41.26 | 22.6% | 45.09 |
| Rush Enterprises, Inc. |
| 2021 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| RUSHB |
| $5.1B |
| 19.38 |
| 2.32 |
| 12.0% |
| 9.81 |
| Alliance Laundry Holdings Inc. | ALH | $5.0B | 48.68 | 12.63 | 26.0% | 17.86 |
| Global Business Travel Group, Inc. | GBTG | $4.9B | 44.73 | 3.03 | 6.8% | 13.70 |
| Ermenegildo Zegna N.V. | ZGN | $4.0B | 40.60 | 3.88 | 9.6% | 10.82 |
| Polaris Inc. | PII | $3.9B | -8.41 | 4.73 | -56.2% | -47.42 |
| Peer Median | - | 35.56 | 4.31 | 10.8% | 13.03 | |