Taylor Morrison Home Corporation (TMHC) quarterly income statement — complete revenue, gross profit & net income 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 |
|---|
| Sales/Revenue | 1.39B | 2.1B | 2.1B | 2.03B | 1.9B | 2.36B | 2.12B | 1.99B | 1.7B | 2.02B | 1.68B | 2.06B | 1.66B | 2.49B | 2.03B | 2B | 1.7B | 2.51B | 1.86B | 1.72B |
| Revenue Growth % | -26.84% | -10.9% | -1.18% | 1.96% | 11.55% | 16.67% | 26.58% | -3.37% | 2.28% | -18.95% | -17.65% | 3.29% | -2.42% | -0.53% | 9.46% | 16.04% | 20.12% | 60.86% | 9.37% | 12.62% |
| Cost of Goods Sold | 1.1B | 1.64B | 1.62B | 1.55B | 1.43B | 1.77B | 1.59B | 1.51B | 1.28B | 1.53B | 1.27B | 1.56B | 1.26B | 1.87B | 1.48B | 1.45B | 1.31B | 1.94B | 1.47B | 1.39B |
| COGS % of Revenue | 79.05% | 77.96% | 77.26% | 76.44% | 75.4% | 75.12% | 74.9% | 76.01% | 75.31% | 75.99% | 75.82% | 75.59% | 75.82% | 74.91% | 72.55% | 72.75% | 76.8% | 77.61% | 78.89% | 80.88% |
| Gross Profit | 290.64M | 462.82M | 476.62M | 478.27M | 466.37M | 586.41M | 532.41M | 477.61M | 419.74M | 484.9M | 405.18M | 502.94M | 401.84M | 625.16M | 558.49M | 543.67M | 395.19M | 560.93M | 392.45M | 328.7M |
| Gross Margin % | 20.95% | 22.04% | 22.74% | 23.56% | 24.6% | 24.88% | 25.1% | 23.99% | 24.69% | 24.01% | 24.18% | 24.41% | 24.18% | 25.09% | 27.45% | 27.25% | 23.2% | 22.39% | 21.11% | 19.12% |
| Gross Profit Growth % | -37.68% | -21.07% | -10.48% | 0.14% | 11.11% | 20.93% | 31.4% | -5.04% | 4.45% | -22.44% | -27.45% | -7.49% | 1.68% | 11.45% | 42.31% | 65.4% | 42.06% | 84.26% | 26.24% | 36.14% |
| Operating Expenses | 148.85M | 194.62M | 180.7M | 183.04M | 176.62M | 204.26M | 199.34M | 196.74M | 170.16M | 188.21M | 167.79M | 183.68M | 159.02M | 173.36M | 147.05M | 165.54M | 157.26M | 185.67M | 167.61M | 167.56M |
| OpEx % of Revenue | 10.73% | 9.27% | 8.62% | 9.02% | 9.32% | 8.67% | 9.4% | 9.88% | 10.01% | 9.32% | 10.01% | 8.91% | 9.57% | 6.96% | 7.23% | 8.3% | 9.23% | 7.41% | 9.02% | 9.75% |
| Selling, General & Admin | 148.85M | 194.62M | 180.7M | 183.04M | 176.62M | 204.26M | 199.34M | 196.74M | 170.16M | 188.21M | 167.79M | 183.68M | 159.02M | 173.36M | 147.05M | 165.54M | 157.26M | 185.67M | 167.61M | 167.56M |
| SG&A % of Revenue | 10.73% | 9.27% | 8.62% | 9.02% | 9.32% | 8.67% | 9.4% | 9.88% | 10.01% | 9.32% | 10.01% | 8.91% | 9.57% | 6.96% | 7.23% | 8.3% | 9.23% | 7.41% | 9.02% | 9.75% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 141.79M | 268.2M | 295.92M | 295.23M | 289.75M | 382.15M | 333.06M | 280.88M | 249.58M | 296.69M | 237.39M | 319.26M | 242.82M | 451.8M | 411.44M | 378.13M | 237.92M | 375.26M | 224.84M | 161.15M |
| Operating Margin % | 10.22% | 12.77% | 14.12% | 14.54% | 15.28% | 16.22% | 15.7% | 14.11% | 14.68% | 14.69% | 14.17% | 15.49% | 14.61% | 18.13% | 20.22% | 18.95% | 13.97% | 14.98% | 12.1% | 9.37% |
| Operating Income Growth % | -51.06% | -29.82% | -11.15% | 5.11% | 16.09% | 28.81% | 40.3% | -12.02% | 2.78% | -34.33% | -42.3% | -15.57% | 2.06% | 20.4% | 82.99% | 134.65% | 82.07% | 132.77% | 37.33% | 67.36% |
| EBITDA | 141.79M | 270.34M | 297.67M | 305.37M | 298.77M | 391.85M | 342.98M | 292.21M | 259.83M | 306.38M | 246.63M | 326.65M | 249.91M | 460.19M | 419.13M | 387.05M | 246.76M | 385.51M | 234.77M | 171.31M |
| EBITDA Margin % | 10.22% | 12.88% | 14.2% | 15.04% | 15.76% | 16.63% | 16.17% | 14.68% | 15.29% | 15.17% | 14.72% | 15.85% | 15.04% | 18.47% | 20.6% | 19.4% | 14.49% | 15.39% | 12.63% | 9.96% |
| EBITDA Growth % | -52.54% | -31.01% | -13.21% | 4.5% | 14.99% | 27.9% | 39.07% | -10.54% | 3.97% | -33.42% | -41.16% | -15.6% | 1.27% | 19.37% | 78.53% | 125.94% | 75.86% | 124.64% | 35.67% | 62.68% |
| D&A (Non-Cash Add-back) | 0 | 2.13M | 1.75M | 10.15M | 9.02M | 9.7M | 9.91M | 11.33M | 10.25M | 9.69M | 9.24M | 7.39M | 7.09M | 8.39M | 7.69M | 8.92M | 8.84M | 10.25M | 9.93M | 10.16M |
| EBIT | 141.79M | 268.2M | 285.17M | 295.23M | 289.75M | 382.15M | 333.06M | 280.88M | 249.58M | 296.69M | 237.39M | 319.26M | 242.82M | 394M | 411.44M | 378.13M | 237.92M | 375.26M | 224.84M | 161.15M |
| Net Interest Income | -11.15M | -11.91M | -12.77M | -13.82M | -8.5M | -5.89M | -3.38M | -4.09M | 43K | 564K | 5.78M | 5.12M | 1.11M | -3.85M | -4.38M | -5.19M | -4.25M | -3.2M | -710K | -3K |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 43K | 564K | 5.78M | 5.12M | 1.11M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 11.15M | 11.91M | 12.77M | 13.82M | 8.5M | 5.89M | 3.38M | 4.09M | 0 | 0 | 0 | 0 | 0 | 3.85M | 4.38M | 5.19M | 4.25M | 3.2M | 710K | 3K |
| Other Income/Expense | -11.11M | -40.39M | -23.52M | -31.96M | -11.18M | -74.82M | -374K | -13.66M | -698K | -71.43M | -8.98M | -3.5M | 5.6M | -83.27M | -11.79M | 13.46M | -5.02M | -32.68M | 725K | 2.08M |
| Pretax Income | 130.68M | 227.82M | 272.39M | 263.26M | 278.57M | 307.33M | 332.69M | 267.22M | 248.88M | 225.25M | 228.41M | 315.76M | 248.42M | 368.53M | 399.65M | 391.6M | 232.9M | 342.58M | 225.56M | 163.22M |
| Pretax Margin % | 9.42% | 10.85% | 13% | 12.97% | 14.69% | 13.04% | 15.69% | 13.42% | 14.64% | 11.15% | 13.63% | 15.32% | 14.95% | 14.79% | 19.64% | 19.63% | 13.67% | 13.67% | 12.14% | 9.49% |
| Income Tax | 30.25M | 50.72M | 67.94M | 67.28M | 64.84M | 63.31M | 81.22M | 67.3M | 57.72M | 52.09M | 57.96M | 80.85M | 57.19M | 93.13M | 90.42M | 98.44M | 54.44M | 59.88M | 53.1M | 38.47M |
| Effective Tax Rate % | 23.15% | 22.26% | 24.94% | 25.56% | 23.28% | 20.6% | 24.41% | 25.19% | 23.19% | 23.13% | 25.38% | 25.61% | 23.02% | 25.27% | 22.62% | 25.14% | 23.37% | 17.48% | 23.54% | 23.57% |
| Net Income | 100.43M | 174.02M | 201.44M | 196.25M | 213.47M | 242.45M | 251.13M | 199.46M | 190.27M | 172.59M | 170.69M | 234.6M | 191.05M | 275.33M | 309.78M | 290.99M | 176.7M | 272.72M | 168.13M | 124.15M |
| Net Margin % | 7.24% | 8.29% | 9.61% | 9.67% | 11.26% | 10.29% | 11.84% | 10.02% | 11.19% | 8.54% | 10.19% | 11.39% | 11.5% | 11.05% | 15.23% | 14.59% | 10.38% | 10.89% | 9.05% | 7.22% |
| Net Income Growth % | -52.95% | -28.23% | -19.78% | -1.61% | 12.19% | 40.48% | 47.12% | -14.98% | -0.41% | -37.32% | -44.9% | -19.38% | 8.12% | 0.96% | 84.25% | 134.39% | 80.27% | 188.84% | 46.49% | 89.04% |
| Net Income (Continuing) | 100.43M | 177.1M | 204.45M | 195.98M | 213.73M | 244.02M | 251.47M | 199.91M | 191.16M | 173.16M | 170.45M | 234.91M | 191.23M | 275.4M | 309.23M | 293.15M | 178.46M | 282.7M | 172.47M | 124.75M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 13.39M | 10.6M | 11.52M | 11.64M | 18.46M | 18.27M | 17.98M | 17.34M | 16.77M | 17.01M | 16.71M | 16.53M | 17.3M | 19.36M | 44.67M | 45.13M | 59.42M | 69.4M |
| EPS (Diluted) | 1.01 | 1.76 | 2.01 | 1.92 | 2.07 | 2.29 | 2.37 | 1.86 | 1.75 | 1.58 | 1.54 | 2.12 | 1.74 | 2.51 | 2.72 | 2.45 | 1.44 | 2.19 | 1.34 | 0.95 |
| EPS Growth % | -51.21% | -23.14% | -15.19% | 3.23% | 18.29% | 44.94% | 53.9% | -12.26% | 0.57% | -37.05% | -43.38% | -13.47% | 20.83% | 14.61% | 102.99% | 157.89% | 92% | 204.17% | 54.02% | 90% |
| EPS (Basic) | 1.03 | 1.79 | 2.05 | 1.94 | 2.11 | 2.35 | 2.41 | 1.89 | 1.79 | 1.61 | 1.57 | 2.15 | 1.76 | 2.54 | 2.75 | 2.47 | 1.46 | 2.22 | 1.35 | 0.97 |
| Diluted Shares Outstanding | 97.53M | 98.66M | 100.05M | 102.02M | 103.02M | 106.09M | 106.09M | 107.25M | 108.56M | 108.97M | 110.62M | 110.86M | 110.05M | 109.64M | 113.78M | 118.93M | 122.66M | 124.57M | 125.77M | 130.26M |
| Basic Shares Outstanding | 96.03M | 97.11M | 98.44M | 100.39M | 101.25M | 104.13M | 104.13M | 105.5M | 106.46M | 107.23M | 108.84M | 109.21M | 108.43M | 108.28M | 112.7M | 117.93M | 121.19M | 122.69M | 124.38M | 128.44M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |