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TMHCTaylor Morrison Home Corporation
$72.45$7.1B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
TMHC logo

Taylor Morrison Home Corporation

TMHC
NYSE · Homebuilders
$72.45
At close - Sep 2, 4:00 PM EDT - USD
Market Cap$7.07B
P/E9.3x
52W High$72.48
Volume2.52M
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q1

Cyclical Demand Plateau Pressures Margins Despite Low Leverage

Taylor Morrison's premium active-adult positioning has historically supported above-peer gross margins, but the 2026Q1 revenue decline of 26.8% year-over-year and gross margin compression to 21.0% from 24.9% in 2024Q4 signal a cyclical demand plateau that may ...

GrowthDecelerating
ProfitabilityStable
ValuationReview
TechnicalsStrong
Explore valuation models
MARKET ACTION

TMHC price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

11/12 Beats

EPS beat 11 of last 12 quarters

02

Valuation risk

-44% Peers

P/E is 44% below peer median

03

Market leadership

RS 81 · Leader

High momentum (Outperforming 81% of market)

04

Strong Uptrend

Strong Trend

Price > 20DMA > 50DMA > 200DMA

Next CatalystEstimated earnings · Jul 22
01

Build the investment case

Start with the evidence for owning the stock and the risks that can break the thesis.

EXECUTIVE THESIS

The Investment Case

Full Analysis
Fundamental Trajectory

Revenue contracted 26.8% year-over-year in 2026Q1 to $1.4B, with gross margin compressing to 21.0% from 24.9% in 2024Q4, while operating margin fell to 10.2% from 14.7% a year earlier, indicating fading operating leverage.

Analyst Consensus+1.4% target
Hold(31 analysts)
14 Buy16 Hold1 Sell

The Bull Case

Upside Catalysts

Strong liquidity position

Taylor Morrison has $1.6 billion of liquidity, including $653 million in cash and $862.6 million remaining repurchase capacity, providing capital flexibility in uncertain housing demand.

Revenue and earnings growth

The company reported Q1 2026 revenue of $1.39 billion and adjusted EPS of $1.12, demonstrating continued financial performance despite lower year-over-year earnings.

Backlog increase

Taylor Morrison's backlog increased by 23% to 3,465 homes, indicating strong future revenue potential.

The Bear Case

Key Downside Risks

Market performance

Price History →

Trailing total returns as of 9/24/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
TMHC+23.15%
S&P 500 (^GSPC)+13.20%
1-Year Return
TMHC+9.86%
S&P 500 (^GSPC)+15.98%
3-Year Return
TMHC+68.10%
S&P 500 (^GSPC)+80.05%
5-Year Return
TMHC+172.68%
S&P 500 (^GSPC)+73.57%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y High
9.3x
Forward P/E
13.7x
EV/EBITDA80th %ile
7.5x
FCF YieldCash Flow
11.4%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
9.3x
7.4x
100th· High
EV/EBITDA
7.5x
6.4x
80th· High
Price/FCF
8.8x
7.6x
60th· Fair
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$45.12-37.7%
Base (Fair)$94.13+29.9%
Bull$181.88+151.0%
$45.12 Bear$94.13 Base$181.88 Bull
Current Market Price: $72.45
Trades at a 23.0% discount to Base DCF ($94.13)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue
$8.12B-0.6% YoY
Net income
$783M-11.4% YoY
Free cash flow
$807M+364.7% YoY
Operating margin
14%-1.2 pts YoY
ROIC (TTM)11%
Avg ROIC 5Y-
ROE (TTM)12.8%
Piotroski Score4 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate11/12 (92%)
Revenue Beat Rate12/12 (100%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026Latest
Apr 22, 2026
$1.03+25.6%
vs $0.82
$1.4B+5.0%
vs $1.3B
Q1 2026
Feb 11, 2026
$1.91+10.4%
vs $1.73
$2.1B+8.0%
vs $1.9B
Q4 2025
Oct 22, 2025
$2.11+9.3%
vs $1.93
$2.1B+6.7%
vs $2.0B
Q3 2025
Jul 23, 2025
$2.02+4.1%
vs $1.94
$2.0B+0.9%
vs $2.0B
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

5 Stories
Globe News Wire·Sep 1, 2026
The Housing Market's Supply Problem Has an Assembly-Line Answer, and an Agreement Covering 1,500-Homes Will Put It to the Test

NEW YORK, Sept. 01, 2026 (GLOBE NEWSWIRE) -- World Street Intelligence News Commentary - The math of the U. S. housing market has not worked for ordinary buyers in years. Median new-home prices sit well above what most first-time buyers can afford, mortgage rates remain elevated relative to the last decade, and the country is short millions of homes it has never built.

Fast Company·Aug 21, 2026
Inside Berkshire's big housing market bet to buy homebuilder Taylor Morrison: ‘Blind date to the altar'

Want more housing market stories from Lance Lambert's ResiClub in your inbox? Subscribe to the ResiClub newsletter.

The Motley Fool·Aug 14, 2026
Berkshire CEO Greg Abel Closed a $6.8 Billion Acquisition of Homebuilder Taylor Morrison. Here's What It Signals About His Capital Allocation Style.

Abel has made a splash as the new CEO, purchasing Taylor Morrison Homes for $6.8 billion. He also repurchased $4.5 billion in Berkshire shares in Q2 and bought more shares of Alphabet.

The Motley Fool·Aug 8, 2026
Greg Abel's First Big Deal as Berkshire CEO Was a $6.8 Billion Bet on Homebuilder Taylor Morrison, With Buffett Praising Abel's Execution

Greg Abel took over the CEO job at Berkshire Hathaway at the start of 2026. Warren Buffett helped to train his handpicked successor, but Abel is still a different person.

Filtered for Taylor Morrison Home CorporationMore Headlines
04

Compare before deciding

Benchmark TMHC against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Taylor Morrison Home Corporation (TMHC)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
TMHC logoTMHCTaylor Morrison Home CorporationCurrent
$72.45$7.07B9.32-0.57%9.63%12.84%—
DHI logoDHID.R. Horton, Inc.
$144.11$40.31B12.46-6.93%9.15%12.47%—
LEN logoLENLennar Corporation
$83.06$20.62B10.41-3.54%5.39%7.98%—
PHM logoPHMPulteGroup, Inc.
$122.29$23.6B11.00-3.54%11.62%14.73%—
TOL logoTOLToll Brothers, Inc.
$137.57$12.86B10.201.11%11.14%14.21%—
NVR logoNVRNVR, Inc.
$6338.92$17.11B14.52-2.08%12.11%31.02%—

Compare TMHC vs Peers

Taylor Morrison Home Corporation (TMHC) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs DHI

Most directly comparable listed peer for TMHC.

Scale Benchmark

vs HD

Larger-name benchmark to compare TMHC against a more recognizable public peer.

Peer Set

Compare Top 5

vs DHI, LEN, PHM, TOL

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

TMHC SEC Filings & Documents

Taylor Morrison Home Corporation (TMHC) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Jul 24, 2026·SEC

Material company update

Jul 22, 2026·SEC

Material company update

Jul 7, 2026·SEC

10-K Annual Reports

3
FY 2026

Feb 18, 2026·SEC

FY 2025

Feb 19, 2025·SEC

FY 2024

Feb 21, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Apr 22, 2026·SEC

FY 2025

Oct 22, 2025·SEC

FY 2025

Jul 23, 2025·SEC

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TMHC Frequently Asked Questions

Taylor Morrison Home Corporation (TMHC) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Taylor Morrison Home Corporation's revenue?

Taylor Morrison Home Corporation (TMHC) reported $7.61B in revenue for fiscal year 2025. This represents a 456% increase from $1.37B in 2011.

How fast is Taylor Morrison Home Corporation growing?

Taylor Morrison Home Corporation (TMHC) saw revenue decline by 0.6% over the past year.

Is TMHC profitable?

Yes, Taylor Morrison Home Corporation (TMHC) is profitable, generating $672.1M in net income for fiscal year 2025 (9.6% net margin).

Dividend & Returns
What is TMHC's return on equity?

Taylor Morrison Home Corporation (TMHC) has a return on equity (ROE) of 12.8%. This is reasonable for most industries.

What is Taylor Morrison Home Corporation's free cash flow?

Taylor Morrison Home Corporation (TMHC) generated $709.6M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in TMHC back in 2011?

Total return calculator · dividends reinvested · 15+ years of data

See returns →