TMHCHIGH SIGNALFINANCIAL10-K

TMHC reported massive revenue growth of 331% to $4.8B while maintaining strong cash generation despite an 11% decline in net income margins.

The dramatic revenue increase suggests significant business expansion through acquisitions, new markets, or substantial organic growth, though the decline in net income margin from very high levels indicates either integration costs or normalization from an unusually profitable prior period. The strong operating cash flow growth of 289% and improved cash position demonstrate the business is generating substantial cash despite margin compression.

Comparing 2026-02-18 vs 2025-02-19View on EDGAR →
FINANCIAL ANALYSIS

TMHC experienced explosive growth with revenue surging 331% to $4.8B and operating cash flow jumping 289% to $817M, while cash reserves increased 75% to $850M. Despite this massive top-line expansion, net income declined 11% to $783M, suggesting margin compression as the business scaled rapidly. The overall picture shows a homebuilder in significant expansion mode with strong cash generation capabilities, though investors should monitor whether the margin pressure reflects temporary integration costs or structural changes in profitability.

FINANCIAL STATEMENT CHANGES
Revenue
P&L
+330.9%
$1.1B$4.8B

Strong top-line growth of 330.9% — accelerating demand or successful expansion into new markets.

Operating Cash Flow
Cash Flow
+289.1%
$210.1M$817.3M

Operating cash flow surged 289.1% — exceptional cash generation, highest quality earnings signal.

Cash & Equivalents
Balance Sheet
+74.5%
$487.2M$850.0M

Cash position surged 74.5% — strong cash generation or capital raise providing significant financial cushion.

Net Income
P&L
-11.4%
$883.3M$782.5M

Net income declined 11.4% — review whether driven by operations, interest costs, or non-recurring items.

LANGUAGE CHANGES
NEW — 2026-02-18
PRIOR — 2025-02-19
ADDED
See the definitions of large accelerated filer, accelerated filer, smaller reporting company and emerging growth company in Rule 12b-2 of the Exchange Act.
We serve a variety of customers in the entry-level, move-up and resort lifestyle buyer groups across the country.
Our homebuilding business operates under the Taylor Morrison and Esplanade brand names.
2025 HIGHLIGHTS $7.8 billion of home closings revenue Home closings gross margin of 22.5% 12,997 home closings Approximately $1.8 billion of liquidity Net sales orders of 11,074 Repurchased 6.5 million common shares for $381.0 million RECENT AWARDS America's Most Trusted Home Builder by Lifestory Research - 11 consecutive years America's Most Responsible Companies by Newsweek U.S.
News World Report's Best Companies to Work For Fortune's World's Most Admired Companies America's Greenest Companies by Newsweek Fortune 500 List America's Best Companies by Forbes The American Opportunity Index Most Trusted Companies in America by Forbes Fortune Best Workplaces in Construction Fortune Best Workplaces for Women Certified as a Great Place To Work Our business is organized into multiple homebuilding operating components and a financial services component.
+7 more — sign up free →
REMOVED
We serve a broad range of customers in the entry-level, move-up and resort lifestyle buyer groups across the country.
We operate under various brand names including Taylor Morrison, Darling Homes Collection by Taylor Morrison, and Esplanade.
2024 HIGHLIGHTS $7.8 billion of home closing revenue Home closings gross margin of 24.4% 12,896 home closings Approximately $1.4 billion of liquidity Net sales orders up 13.1% to 12,248 Repurchased 5.6 million common shares for $347.6 million RECENT AWARDS America's Most Trusted Home Builder by Lifestory Research - 10 consecutive years Most Trusted Companies in America by Forbes America's Best Companies by Forbes America's Most Responsible Companies by Newsweek - three consecutive years U.S.
News World Report's Best Companies to Work For list - two consecutive years We are ranked on the Fortune 500 List - four consecutive years America's Greenest Companies by Newsweek - two consecutive years The American Opportunity Index Our business is organized into multiple homebuilding operating components and a financial services component.
Each community has employees who perform construction management, sales and customer service functions, in conjunction with a local management team to manage the overall project.
+7 more — sign up free →
MORE FINANCIAL SIGNALS
PNRGHIGHPNRG achieved exceptional profitability improvement with net income surging 2,21...
2026-04-16
BNAIHIGHBNAI underwent a dramatic reverse stock split that reduced share count by 86% wh...
2026-04-16
LAKEHIGHLAKE's financial performance deteriorated significantly with operating losses wo...
2026-04-16
NXXTHIGHNextNRG experienced massive financial deterioration with operating losses explod...
2026-04-16
ANALYZE ANY FILING FREE

See what changed in your portfolio's filings

500+ US-listed companies analyzed. Language delta, financial analysis, instant signal scoring.

Try Tracenotes free →