TMHC · As filed with the SEC
Taylor Morrison Home income statement, by fiscal year
The statement as Taylor Morrison Home presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.
Consolidated Statements of Operations · USD thousands, except per-share amounts; shares in thousands
| USD thousands, except per-share amounts; shares in thousands | FY2025 Year ended Dec 31, 2025 | FY2024 Year ended Dec 31, 2024 | FY2023 Year ended Dec 31, 2023 | FY2022 Year ended Dec 31, 2022 |
|---|---|---|---|---|
| Total revenue | 8,121,480 | 8,168,136 | 7,417,831 | 8,224,917 |
| Land closings revenue | 36,944 | 81,417 | 60,971 | 81,070 |
| Financial services revenue | 209,407 | 199,459 | 160,312 | 135,491 |
| Amenity and other revenue | 119,695 | 132,041 | 37,691 | 118,985 |
| Home closings revenue, net | 7,755,434 | 7,755,219 | 7,158,857 | 7,889,371 |
| Total cost of revenue | 6,251,272 | 6,183,924 | 5,634,758 | 6,132,551 |
| Land closings revenue | 30,898 | 73,609 | 55,218 | 63,644 |
| Financial services revenue | 104,618 | 108,592 | 93,990 | 83,960 |
| Amenity and other revenue | 107,749 | 137,980 | 34,149 | 80,489 |
| Home closings revenue, net | 6,008,007 | 5,863,743 | 5,451,401 | 5,904,458 |
| Gross margin | 1,870,208 | 1,984,212 | 1,783,073 | 2,092,366 |
| Home closings revenue, net | 1,747,427 | 1,891,476 | — | — |
| Sales, commissions and other marketing costs | 461,485 | 456,092 | 418,134 | 398,074 |
| General and administrative expenses | 273,506 | 314,406 | 280,573 | 245,138 |
| Net income from unconsolidated entities | (4,867) | (6,347) | (8,757) | 14,184 |
| Interest (income)/expense, net | — | — | (12,577,000) | 17,674,000 |
| Interest expense/(income), net | 47,003 | (13,316) | — | — |
| Other expense, net | 37,714 | 50,627 | 87,567 | 38,497 |
| Loss on extinguishment of debt, net | 13,324 | 0 | 295 | (13,876) |
| Transaction expenses | — | — | — | 0 |
| Income before income taxes | 1,042,043 | 1,156,118 | 1,017,838 | 1,392,675 |
| Effective Rate | 250,780 | 269,548 | 248,097 | 336,428 |
| Net income before allocation to non-controlling interests | 791,263 | 886,570 | 769,741 | 1,056,247 |
| Net income attributable to non-controlling interests | (8,763) | (3,261) | (812) | (3,447) |
| Net income | 782,500 | 883,309 | 768,929 | 1,052,800 |
| Earnings per common share | ||||
| Basic (in dollars per share) | — | 8.43 | 7.09 | 9.16 |
| Diluted (in dollars per share) | — | 8.27 | 6.98 | 9.06 |
| Basic (in dollars per share) | 7.90 | — | — | — |
| Diluted (in dollars per share) | 7.77 | — | — | — |
| Weighted average number of shares of common stock: | ||||
| Basic (in shares) | 99,069 | 104,813 | 108,424 | 114,982 |
| Diluted (in shares) | 100,707 | 106,846 | 110,145 | 116,221 |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.