Taylor Morrison Home Corporation (TMHC) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | -10.43M | 658.05M | 229.81M | -125.96M | 77.23M | 438.25M | 135.89M | -228.16M | -130.74M | 255.61M | -56.55M | 259.66M | 347.45M | 647.78M | 264.5M | 138.03M | 57.46M | 480.19M | -5.95M | 46.71M |
| Operating CF Margin % | -0.75% | 31.34% | 10.97% | -6.2% | 4.07% | 18.6% | 6.41% | -11.46% | -7.69% | 12.65% | -3.38% | 12.6% | 20.91% | 25.99% | 13% | 6.92% | 3.37% | 19.17% | -0.32% | 2.72% |
| Operating CF Growth % | -113.51% | 50.15% | 69.11% | 44.79% | 159.07% | 71.45% | 340.3% | -187.87% | -137.63% | -60.54% | -121.38% | 88.12% | 504.67% | 34.9% | 4544.58% | 195.48% | 139.82% | 47.64% | -101.25% | -81.4% |
| Net Income | 100.43M | 174.02M | 201.44M | 195.99M | 213.73M | 244.02M | 251.47M | 199.46M | 190.27M | 172.59M | 170.45M | 234.91M | 191.05M | 275.4M | 309.23M | 293.15M | 178.46M | 282.7M | 172.47M | 124.75M |
| Depreciation & Amortization | 10.73M | 2.13M | 10.4M | 10.15M | 9.02M | 9.7M | 9.91M | 11.33M | 10.25M | 2.92M | 9.24M | 7.39M | 7.09M | 8.39M | 7.69M | 8.92M | 8.84M | 10.25M | 9.93M | 10.16M |
| Stock-Based Compensation | 6.56M | 0 | 0 | 8.02M | 7.79M | 5.45M | 5.46M | 6.07M | 5.48M | 7.59M | 5.7M | 5.27M | 7.53M | 9.43M | 5.33M | 5.28M | 6.86M | 4.82M | 4.79M | 4.65M |
| Deferred Taxes | 0 | 1.89M | 0 | 0 | 0 | -8.42M | 0 | 0 | 0 | 168.47M | 11.97M | 1.5M | 0 | 83.58M | 0 | 0 | 0 | 86.84M | 4.95M | 1.92M |
| Other Non-Cash Items | 15.68M | 91.64M | 55.36M | 15.98M | 21.61M | 91.97M | -2.16M | 25.41M | 7.68M | -169.67M | 6.59M | 7.24M | 7.11M | 73.62M | 9.31M | -2.59M | 7.33M | 26.24M | 4.33M | 4.11M |
| Working Capital Changes | -143.84M | 385.68M | -37.4M | -356.08M | -174.91M | 95.54M | -128.8M | -470.43M | -344.42M | 73.72M | -260.5M | 3.35M | 134.67M | 197.36M | -67.06M | -166.73M | -144.03M | 69.34M | -202.41M | -98.89M |
| Change in Receivables | 0 | 0 | 0 | 0 | 0 | 1.59M | 40.14M | 0 | -35.78M | 6.93M | -25.55M | -143.55M | 190.2M | 0 | 0 | 133.85M | 0 | -331.49M | -48.66M | -91.98M |
| Change in Inventory | -127.34M | 262.36M | 87.35M | -243.19M | -79.94M | 73.98M | -182.92M | -324.47M | -363.92M | 9.2M | -257.24M | 117.87M | 51.6M | 559.55M | 57.5M | -381.02M | -286.83M | 335.68M | -195.32M | -126.97M |
| Change in Payables | -40.1M | 0 | -34.05M | 99.43M | -117.35M | 91.61M | 50.01M | 96.5M | -22.13M | 112.04M | 22.47M | 62.39M | -112.1M | 20.73M | -38.1M | 93.77M | -138.25M | 99.99M | 2.32M | 60.6M |
| Cash from Investing | -18.13M | -82.49M | -37.96M | -11.01M | -45.1M | -54.12M | -25.01M | -29.42M | -33.05M | -3.09M | -49.27M | -20.25M | -24.58M | 3.93M | -23M | 11.63M | -7.44M | -30.96M | -21.27M | -8.56M |
| Capital Expenditures | -9.96M | -11.13M | -13.05M | -7.68M | -8.51M | -10.06M | -8.83M | -8.33M | -9.11M | 13.62M | -26M | -7.24M | -13.81M | -8.1M | -9.68M | -7.41M | -5.39M | -5.5M | 4.83M | -12.7M |
| CapEx % of Revenue | 0.72% | 0.53% | 0.62% | 0.38% | 0.45% | 0.43% | 0.42% | 0.42% | 0.54% | 0.67% | 1.55% | 0.35% | 0.83% | 0.33% | 0.48% | 0.37% | 0.32% | 0.22% | 0.26% | 0.74% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | -55.16M | -29.62M | -21.09M | -23.94M | -16.79M | -23.66M | -13.01M | -11.12M | -17.73M | -22.26M | -67.53M | -2.05M | -43.13M | -17.2M | -1.54M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 1.27M | 0 | -24.91M | -3.33M | -36.59M | 11.1M | 13.44M | 21.09M | 23.94M | 91K | 383K | -13.01M | 350K | 29.76M | 8.94M | 86.58M | 0 | -30.28M | -8.89M | 5.68M |
| Cash from Financing | -169.23M | -95.25M | 44.8M | -106.87M | -141.19M | -154.25M | -102.36M | -51.04M | -85.92M | -60M | -507.63M | 104.18M | -165.07M | -254.9M | -290.97M | -341.2M | -315.53M | 12.12M | 34.09M | -63.51M |
| Debt Issued (Net) | -2.69M | -24.32M | 115.27M | -4.44M | -40K | -58.89M | -42.9M | 52.45M | 16.84M | -35.89M | -411.28M | 95.59M | -166M | -213.82M | -185.97M | -142.17M | -254.49M | 74.56M | 133.25M | 53.17M |
| Equity Issued (Net) | -157.15M | -70.93M | -70.47M | -100M | -135.09M | -89.91M | -61.3M | -104.75M | -91.65M | -24.39M | -100M | 0 | -3.57M | -40.86M | -105M | -172.38M | -58.03M | -44.59M | -91.66M | -106.75M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -157.15M | -70.43M | -70.47M | -100M | -135.09M | -89.91M | -61.3M | -104.75M | -91.65M | -24.39M | -100M | 0 | -3.57M | -40.86M | -105M | -172.38M | -58.03M | -44.59M | -91.66M | -106.75M |
| Other Financing | -9.4M | 0 | 0 | -2.42M | -6.06M | -5.45M | 1.84M | 1.26M | -11.11M | 280K | 3.65M | 8.59M | 4.49M | -220K | -3K | -26.64M | -3.02M | -17.85M | -7.51M | -9.93M |
| Net Change in Cash | -197.8M | 480.31M | 236.65M | -243.84M | -109.06M | 229.87M | 8.52M | -308.62M | -249.71M | 192.52M | -613.45M | 343.6M | 157.8M | 396.81M | -49.47M | -191.53M | -265.51M | 461.36M | 6.86M | -25.36M |
| Free Cash Flow | -20.39M | 646.92M | 216.76M | -133.64M | 68.72M | 428.19M | 127.06M | -236.49M | -139.85M | 269.22M | -82.55M | 252.42M | 333.64M | 639.68M | 254.82M | 130.62M | 52.07M | 474.69M | -1.13M | 34.02M |
| FCF Margin % | -1.47% | 30.81% | 10.34% | -6.58% | 3.62% | 18.17% | 5.99% | -11.88% | -8.23% | 13.33% | -4.93% | 12.25% | 20.08% | 25.67% | 12.52% | 6.55% | 3.06% | 18.95% | -0.06% | 1.98% |
| FCF Growth % | -129.68% | 51.08% | 70.6% | 43.49% | 149.14% | 59.05% | 253.92% | -193.69% | -141.92% | -57.91% | -132.39% | 93.26% | 540.73% | 34.76% | 22730.55% | 284% | 134.23% | 51.77% | -100.24% | -85.83% |
| FCF per Share | -0.21 | 6.56 | 2.17 | -1.31 | 0.67 | 4.04 | 1.20 | -2.21 | -1.29 | 2.47 | -0.75 | 2.28 | 3.03 | 5.83 | 2.24 | 1.10 | 0.42 | 3.81 | -0.01 | 0.26 |
| FCF Conversion (FCF/Net Income) | -0.10x | 3.78x | 1.14x | -0.64x | 0.36x | 1.81x | 0.54x | -1.14x | -0.69x | 1.48x | -0.33x | 1.11x | 1.82x | 2.35x | 0.85x | 0.47x | 0.33x | 1.76x | -0.04x | 0.38x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 73.48M | 0 | 0 | -62.93M | 62.93M | 0 | 0 | 50.01M | 75.39M | 0 | 0 | 93.35M | 64.52M | 111.94M | 228K | 49.42M | 35.35M | 0 |