Taylor Morrison Home (TMHC) earnings
- Mar 2026
- Dec 2025
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 1,387 | −26.8% YoY | Quarterly, as filed | Quarter to Mar 2026 | Revenue from operations as filed. |
| Operating margin | Operating profit / revenue | Quarter to Mar 2026 | Not in the filed figures for the quarter to mar 2026. No older figure is substituted. | ||
| Net profit | 98.6 | −53.8% YoY | Quarterly, as filed | Quarter to Mar 2026 | Profit after tax as filed. |
Guidance
What management said, and what became of it
29 of 34 judged targets kept · 20 open · verdicts reflect calls analysed to Mar 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Q1 FY26 average home closing price | approximately $580,000 | Dec 2025 | Both closings volume and average selling price came in roughly in line with our guidance, with 2,268 homes delivered at an average price of $578,000 | Achieved |
| Q1 FY26 community (outlet) count | around 360 communities | Dec 2025 | We ended the quarter with 356 active selling communities, up 4% both sequentially and year-over-year. | Missed |
| Controlled (off-balance-sheet) lot supply percentage | controlling at least 60% to 65% of lot supply | Sep 2024 | At quarter end, we owned or controlled 75,626 homebuilding lots, of which 51% were controlled off balance sheet. While our controlled ratio has recently declined due to normal first takedowns and our active reevaluation of our deal pipeline against current market conditions, we still intend to manage toward our long-term target of at least 65% control. | At Risk |
5 of Taylor Morrison Home Corp's 54 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 51 more targets are in the full ledger.
Price
Performance +8.4% 1Y
1Y: $66.82 on 22 Jul 2025 → $72.45. High $72.48 (21 Jul 2026), low $54.79 (15 May 2026).
- Previous close
- $72.47
- 52-week range
- $54.79 – $72.48
- One year
- +12.66%
Overview
- Symbol
- TMHC
- Sector
- Consumer Discretionary
- Exchange
- US
- Currency
- USD
Guidance
What management said, and what became of it
29 of 34 judged targets kept · 20 open · verdicts reflect calls analysed to Mar 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Q1 FY26 average home closing price | approximately $580,000 | Dec 2025 | Both closings volume and average selling price came in roughly in line with our guidance, with 2,268 homes delivered at an average price of $578,000 | Achieved |
| Q1 FY26 community (outlet) count | around 360 communities | Dec 2025 | We ended the quarter with 356 active selling communities, up 4% both sequentially and year-over-year. | Missed |
| Controlled (off-balance-sheet) lot supply percentage | controlling at least 60% to 65% of lot supply | Sep 2024 | At quarter end, we owned or controlled 75,626 homebuilding lots, of which 51% were controlled off balance sheet. While our controlled ratio has recently declined due to normal first takedowns and our active reevaluation of our deal pipeline against current market conditions, we still intend to manage toward our long-term target of at least 65% control. | At Risk |
The full ledger
Open Taylor Morrison Home Corp’s full ledger
A free account opens 5 company ledgers a month. All 54 tracked commitments, with each call’s wording and source.
Financials
What the filings say
Net profit, year on year: −54% (quarter to mar 2026 against mar 2025).
| Line item | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 1,991 | 2,121 | 2,356 | 1,896 | 2,030 | 2,096 | 2,100 | 1,387 |
| Other income | -11 | 0 | — | — | — | — | — | — |
| Net profit | 199 | 251 | 242 | 213 | 194 | 201 | 174 | 99 |
| EPS ($ per share) | 1.89 | 2.41 | — | 2.11 | 1.94 | 2.05 | — | 1.03 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Reserves | 528 | 782 | 1,026 | 1,689 | 2,742 | 3,511 | 4,394 | 5,176 |
| Total liabilities | 2,846 | 2,700 | 4,144 | 4,757 | 3,824 | 3,340 | 3,419 | 3,529 |
| Fixed assets | 87 | 86 | 98 | 155 | 202 | 295 | 233 | 259 |
| Total assets | 5,264 | 5,246 | 7,738 | 8,728 | 8,471 | 8,672 | 9,297 | 9,838 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 136 | 393 | 1,123 | 377 | 1,108 | 806 | 210 | 817 |
| Cash from investing | -160 | -19 | -313 | -74 | -15 | -97 | -136 | -155 |
| Cash from financing | -220 | -377 | -605 | -0 | -1,203 | -629 | -394 | -299 |
| Net cash flow | -244 | -3 | 206 | 302 | -110 | 80 | -320 | 364 |
| Capital expenditure | -20 | -30 | -38 | -21 | -31 | -33 | -36 | -40 |
| Free cash flow | 115 | 363 | 1,086 | 355 | 1,077 | 773 | 174 | 777 |
TMHC revenue by segment
Central shrank from 24% to 20% of revenue over the last two years.
| Segment | Q2 FY2024 | Q3 FY2024 | Q4 FY2024 | Q1 FY2025 | Q2 FY2025 | Q3 FY2025 | Q4 FY2025 | Q1 FY2026 | YoY growth latest quarter |
|---|---|---|---|---|---|---|---|---|---|
| West Homebuilding | — | 37% | — | 38% | 39% | 42% | 37% | 41% | -21.4% |
| East Homebuilding | 35% | 36% | 37% | 33% | 35% | 36% | 36% | 35% | -22.5% |
| Central | 25% | 24% | 21% | 25% | 24% | 19% | 22% | 20% | -43.6% |
| Mortgage Operations | 2% | 2% | 2% | 3% | 3% | 3% | 2% | 4% | -3.8% |
Share of consolidated revenue by quarter. Q4 is the fiscal year less its first three quarters.
See how segments are shifting across companies → Segment Shift
Insider filings
56 filings between Feb 13, 2026 and Jul 24, 2026.
Open market
decisions to buy or sellPurchases
None
No insider bought shares.
Sales
$212.8K
2 sales by 1 insider
Compensation
not trading decisions- 5
- Award — granted as compensation
- 18
- Option exercise — converted options into shares
- 20
- Tax withheld — shares kept back by the company to cover tax
Also filed: 11 dispositions to the issuer.
Who traded
open market only| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| Warren Denise | — | $212.8K | Feb 13, 2026 |
Latest filings (50)
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Jul 24, 2026 | VANHYFTE CURTIS CFO | Disposition to issuer | 28,778 | $2.09M |
| Jul 24, 2026 | MARIUCCI ANNE L Director | Disposition to issuer | 10,917 | $791.5K |
| Jul 24, 2026 | Palmer Sheryl Chairman, President and CEO | Disposition to issuer | 180,801 | $13.11M |
| Jul 24, 2026 | Palmer Sheryl Chairman, President and CEO | Disposition to issuer | 267,944 | $19.43M |
| Jul 24, 2026 | Ostis Heather C Director | Disposition to issuer | 3,096 | $224.5K |
| Jul 24, 2026 | MARIUCCI ANNE L Director | Disposition to issuer | 51,287 | $3.72M |
| Jul 24, 2026 | Terracciano Joseph Chief Accounting Officer | Disposition to issuer | 1,152 | $83.5K |
| Jul 24, 2026 | Merrill Stevin Todd EVP, CLO & Secretary | Disposition to issuer | 4,058 | $294.2K |
| Jul 24, 2026 | Yip Christopher J. Director | Disposition to issuer | 10,930 | $792.4K |
| Jul 24, 2026 | Warren Denise Director | Disposition to issuer | 3,096 | $224.5K |
| Jul 24, 2026 | Palmer Sheryl Chairman, President and CEO | Disposition to issuer | 19,211 | $1.39M |
| Jun 18, 2026 | Merrill Stevin Todd EVP, CLO & Secretary | Tax withheld | 259 | $18.5K |
| Jun 18, 2026 | Merrill Stevin Todd EVP, CLO & Secretary | Option exercise | 962 | — |
| May 21, 2026 | Warren Denise Director | Option exercise | 3,096 | — |
| May 21, 2026 | MARIUCCI ANNE L Director | Option exercise | 3,096 | — |
| May 21, 2026 | Ostis Heather C Director | Option exercise | 3,096 | — |
| Mar 12, 2026 | VANHYFTE CURTIS CFO | Tax withheld | 1,723 | $101.4K |
| Mar 12, 2026 | Palmer Sheryl Chairman, President and CEO | Tax withheld | 3,147 | $185.2K |
| Mar 12, 2026 | VANHYFTE CURTIS CFO | Option exercise | 4,115 | — |
| Mar 12, 2026 | Palmer Sheryl Chairman, President and CEO | Option exercise | 7,518 | — |
| Feb 23, 2026 | Merrill Stevin Todd EVP, CLO & Secretary | Tax withheld | 738 | $49.2K |
| Feb 23, 2026 | Merrill Stevin Todd EVP, CLO & Secretary | Award | 2,700 | $0 |
| Feb 23, 2026 | Merrill Stevin Todd EVP, CLO & Secretary | Tax withheld | 154 | $10.3K |
| Feb 23, 2026 | Merrill Stevin Todd EVP, CLO & Secretary | Option exercise | 573 | — |
| Feb 23, 2026 | VANHYFTE CURTIS CFO | Tax withheld | 844 | $56.3K |
| Feb 23, 2026 | VANHYFTE CURTIS CFO | Tax withheld | 2,942 | $196.2K |
| Feb 23, 2026 | VANHYFTE CURTIS CFO | Award | 2,014 | $0 |
| Feb 23, 2026 | VANHYFTE CURTIS CFO | Tax withheld | 1,223 | $81.5K |
| Feb 23, 2026 | VANHYFTE CURTIS CFO | Award | 10,048 | $0 |
| Feb 23, 2026 | Terracciano Joseph Chief Accounting Officer | Option exercise | 206 | — |
| Feb 23, 2026 | Palmer Sheryl Chairman, President and CEO | Tax withheld | 6,373 | $425.0K |
| Feb 23, 2026 | Palmer Sheryl Chairman, President and CEO | Award | 70,102 | $0 |
| Feb 23, 2026 | Terracciano Joseph Chief Accounting Officer | Tax withheld | 67 | $4.5K |
| Feb 23, 2026 | Palmer Sheryl Chairman, President and CEO | Option exercise | 15,227 | — |
| Feb 23, 2026 | Terracciano Joseph Chief Accounting Officer | Tax withheld | 317 | $21.1K |
| Feb 23, 2026 | Terracciano Joseph Chief Accounting Officer | Award | 982 | $0 |
| Feb 23, 2026 | VANHYFTE CURTIS CFO | Option exercise | 2,921 | — |
| Feb 23, 2026 | Palmer Sheryl Chairman, President and CEO | Tax withheld | 29,339 | $1.96M |
| Feb 21, 2026 | Terracciano Joseph Chief Accounting Officer | Tax withheld | 104 | $7.1K |
| Feb 21, 2026 | Merrill Stevin Todd EVP, CLO & Secretary | Option exercise | 887 | — |
| Feb 21, 2026 | Palmer Sheryl Chairman, President and CEO | Option exercise | 23,022 | — |
| Feb 21, 2026 | Terracciano Joseph Chief Accounting Officer | Option exercise | 323 | — |
| Feb 21, 2026 | Palmer Sheryl Chairman, President and CEO | Tax withheld | 9,632 | $654.1K |
| Feb 21, 2026 | VANHYFTE CURTIS CFO | Tax withheld | 887 | $60.2K |
| Feb 21, 2026 | VANHYFTE CURTIS CFO | Option exercise | 3,300 | — |
| Feb 21, 2026 | Merrill Stevin Todd EVP, CLO & Secretary | Tax withheld | 286 | $19.4K |
| Feb 18, 2026 | Palmer Sheryl Chairman, President and CEO | Tax withheld | 3,988 | $268.9K |
| Feb 18, 2026 | Palmer Sheryl Chairman, President and CEO | Option exercise | 14,810 | — |
| Feb 18, 2026 | Merrill Stevin Todd EVP, CLO & Secretary | Tax withheld | 178 | $12.0K |
| Feb 18, 2026 | Merrill Stevin Todd EVP, CLO & Secretary | Option exercise | 551 | — |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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