Taylor Morrison Home Corp - Understand $tmhc stock

$TMHC Market Cap: $7.287 Billion

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Financial Snapshot

Revenue

$7.832B

TTM

Gross Margin

24.41%

TTM

Net Earnings

$813.4M

TTM

Current Assets

$7.241B

Q3 2024

Current Liabilities

$1.197B

Q3 2024

Current Ratio

605.07%

Q3 2024

Total Assets

$9.300B

Q3 2024

Total Liabilities

$3.577B

Q3 2024

Book Value

$5.723B

Q3 2024

Cash

$256.4M

Q3 2024

P/E

8.958

Nov 29, 2024 EST

Free Cash Flow

$14.70M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Revenue	$7.418B	$8.225B	$7.501B	$6.129B	$4.762B	$4.227B	$3.885B	$3.550B	$2.977B	$2.708B	$1.916B	$1.041B	$1.370B	$1.298B	$1.263B
YoY Change	-9.81%	9.65%	22.38%	28.71%	12.65%	8.81%	9.44%	19.26%	9.91%	41.35%	84.03%	-24.01%	5.57%	2.8%	-27.63%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Revenue	$7.418B	$8.225B	$7.501B	$6.129B	$4.762B	$4.227B	$3.885B	$3.550B	$2.977B	$2.708B	$1.916B	$1.041B	$1.370B	$1.298B	$1.263B
Cost Of Revenue	$5.623B	$6.133B	$5.953B	$5.085B	$3.938B	$3.489B	$3.146B	$2.870B	$2.409B	$2.142B	$1.500B	$1.125B	$1.091B	$1.021B	$1.105B
Gross Profit	$1.795B	$2.092B	$1.548B	$1.044B	$824.1M	$738.2M	$738.9M	$680.3M	$567.9M	$566.2M	$415.9M	$206.6M	$279.7M	$277.4M	$157.3M
Gross Profit Margin	24.2%	25.44%	20.63%	17.04%	17.31%	17.46%	19.02%	19.16%	19.08%	20.91%	21.7%	19.85%	20.41%	21.37%	12.46%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Selling, General & Admin	$698.7M	$643.2M	$668.3M	$572.4M	$490.3M	$416.9M	$390.4M	$361.8M	$293.9M	$250.1M	$204.6M	$112.3M	$194.1M	$148.1M	$169.3M
YoY Change	8.63%	-3.76%	16.77%	16.75%	17.59%	6.79%	7.93%	23.09%	17.54%	22.2%	82.26%	-42.16%	31.06%	-12.52%	-28.98%
% of Gross Profit	38.93%	30.74%	43.18%	54.81%	59.49%	56.48%	52.84%	53.18%	51.75%	44.16%	49.2%	54.33%	69.4%	53.39%	107.63%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$33.41M	$33.84M	$39.98M	$37.34M	$31.42M	$26.39M	$3.953M	$3.972M	$4.107M	$4.090M	$3.462M	$4.370M	$4.200M	$3.200M	$2.900M
YoY Change	-1.28%	-15.36%	7.08%	18.81%	19.07%	567.62%	-0.48%	-3.29%	0.42%	18.14%	-20.78%	4.05%	31.25%	10.34%
% of Gross Profit	1.86%	1.62%	2.58%	3.58%	3.81%	3.58%	0.53%	0.58%	0.72%	0.72%	0.83%	2.11%	1.5%	1.15%	1.84%
Operating Expenses	$717.4M	$643.2M	$668.3M	$572.4M	$490.3M	$416.9M	$390.4M	$361.8M	$293.9M	$250.1M	$204.6M	$112.3M	$189.0M	$153.7M	$173.1M
YoY Change	11.53%	-3.76%	16.77%	16.75%	17.59%	6.79%	7.93%	23.09%	17.54%	22.2%	82.26%	-40.6%	22.97%	-11.21%	-22.55%
Operating Profit	$1.077B	$1.449B	$879.5M	$471.8M	$333.8M	$321.3M	$348.5M	$318.5M	$274.0M	$316.2M	$211.2M	$94.38M	$90.70M	$123.7M	-$15.80M
YoY Change	-25.65%	64.76%	86.4%	41.35%	3.91%	-7.82%	9.41%	16.25%	-13.34%	49.68%	123.84%	4.05%	-26.68%	-882.91%	-96.23%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Interest Expense	$21.33M	-$31.86M	$7.338M	$12.80M	$12.20M	$15.00M	$9.400M	$7.600M	$31.90M	$4.200M	$2.100M	$25.40M	$11.00M	-$34.90M	-$20.40M
YoY Change	-166.97%	-534.15%	-42.67%	4.92%	-18.67%	59.57%	23.68%	-76.18%	659.52%	100.0%	-91.73%	130.91%	-131.52%	71.08%	2.51%
% of Operating Profit	1.98%	-2.2%	0.83%	2.71%	3.65%	4.67%	2.7%	2.39%	11.64%	1.33%	0.99%	26.91%	12.13%	-28.21%
Other Income/Expense, Net	-$74.99M	-$56.17M	-$27.56M	-$148.7M	-$15.25M	-$61.07M	-$1.679M	-$11.76M	-$11.44M	-$19.61M	-$2.842M	$1.800M
YoY Change	33.5%	103.81%	-81.46%	874.79%	-75.03%	3537.05%	-85.73%	2.81%	-41.64%	589.9%	-257.89%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Pretax Income	$1.018B	$1.393B	$863.1M	$324.1M	$322.3M	$273.5M	$355.7M	$314.2M	$261.0M	$302.0M	$4.545M	$71.66M	$101.7M	$88.70M	-$36.20M
YoY Change	-26.91%	61.36%	166.3%	0.57%	17.83%	-23.1%	13.19%	20.39%	-13.58%	6544.53%	-93.66%	-29.54%	14.66%	-345.03%	-91.76%
Income Tax	$248.1M	$336.4M	$180.7M	$74.59M	$67.36M	$63.04M	$179.0M	$107.6M	$90.00M	$76.40M	-$23.81M	-$284.3M	$24.90M	-$1.900M	-$35.40M
% Of Pretax Income	24.37%	24.16%	20.94%	23.01%	20.9%	23.05%	50.33%	34.26%	34.48%	25.3%	-523.87%	-396.75%	24.48%	-2.14%
Net Earnings	$768.9M	$1.053B	$663.0M	$243.4M	$254.7M	$206.4M	$91.22M	$52.62M	$61.05M	$71.47M	$45.42M	$430.8M	$71.50M	$87.40M	-$6.000M
YoY Change	-26.96%	58.79%	172.36%	-4.4%	23.4%	126.23%	73.37%	-13.81%	-14.58%	57.35%	-89.46%	502.55%	-18.19%	-1556.67%	-98.52%
Net Earnings / Revenue	10.37%	12.8%	8.84%	3.97%	5.35%	4.88%	2.35%	1.48%	2.05%	2.64%	2.37%	41.38%	5.22%	6.73%	-0.48%
Basic Earnings Per Share	$7.09	$9.16	$5.26	$1.90	$2.38	$1.85	$1.47	$1.69	$1.85	$2.17	$1.38
Diluted Earnings Per Share	$6.98	$9.06	$5.18	$1.88	$2.35	$1.83	$1.47	$1.69	$1.85	$2.17	$1.38	$595.7K	$115.2K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Cash & Short-Term Investments	$798.6M	$724.5M	$832.8M	$532.8M	$326.4M	$329.6M	$573.9M	$300.2M	$126.2M	$234.2M	$193.5M	$300.6M	$279.3M	$165.4M
YoY Change	10.23%	-13.01%	56.31%	63.24%	-0.97%	-42.57%	91.17%	137.88%	-46.11%	21.03%	-35.63%	7.63%	68.86%
Cash & Equivalents	$798.6M	$724.5M	$832.8M	$532.8M	$326.4M	$329.6M	$573.9M	$300.2M	$126.2M	$234.2M	$193.5M	$300.6M	$279.3M	$165.4M
Short-Term Investments
Other Short-Term Assets	$290.9M	$60.31M	$102.8M	$174.2M	$48.70M	$69.90M	$53.40M	$59.40M	$75.30M	$75.70M	$62.80M	$65.00M	$37.80M	$43.90M
YoY Change	382.41%	-41.31%	-41.02%	257.7%	-30.33%	30.9%	-10.1%	-21.12%	-0.53%	20.54%	-3.38%	71.96%	-13.9%
Inventory	$5.545B	$5.371B	$5.500B	$5.332B	$3.987B	$3.981B	$2.959B	$3.017B	$3.127B	$2.518B	$2.013B	$1.604B	$1.004B	$1.074B
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets	$6.819B	$6.347B	$6.586B	$6.136B	$4.432B	$4.467B	$3.681B	$3.492B	$3.449B	$2.914B	$2.320B	$2.019B	$1.321B	$1.283B
YoY Change	7.44%	-3.63%	7.34%	38.44%	-0.78%	21.34%	5.41%	1.25%	18.38%	25.61%	14.89%	52.87%	2.91%
Property, Plant & Equipment	$370.3M	$292.8M	$241.0M	$171.1M	$122.5M	$86.70M	$7.100M	$6.600M	$7.400M	$5.300M	$4.500M	$6.400M	$6.200M	$7.000M
YoY Change	26.46%	21.49%	40.88%	39.67%	41.29%	1121.13%	7.58%	-10.81%	39.62%	17.78%	-29.69%	3.23%	-11.43%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$549.4M	$546.3M	$400.9M	$253.6M	$168.6M	$198.5M	$242.1M	$195.1M	$162.6M	$144.8M	$59.40M	$103.2M	$51.20M	$33.60M
YoY Change	0.58%	36.24%	58.1%	50.42%	-15.06%	-18.01%	24.09%	19.99%	12.29%	143.77%	-42.44%	101.56%	52.38%
Other Assets	$269.7M	$416.2M	$622.3M	$440.5M	$333.5M	$329.2M	$306.8M	$441.5M	$436.5M	$1.027B	$1.005B	$373.4M	$39.00M	$14.10M
YoY Change	-35.19%	-33.12%	41.27%	32.08%	1.31%	7.3%	-30.51%	1.15%	-57.5%	2.17%	169.23%	857.44%	176.6%
Total Long-Term Assets	$1.853B	$2.124B	$2.142B	$1.602B	$813.7M	$797.7M	$644.9M	$728.9M	$668.4M	$1.220B	$1.119B	$719.3M	$350.5M	$244.0M
YoY Change	-12.76%	-0.85%	33.66%	96.93%	2.01%	23.69%	-11.52%	9.05%	-45.2%	8.98%	55.58%	105.22%	43.65%
Total Assets	$8.672B	$8.471B	$8.728B	$7.738B	$5.246B	$5.264B	$4.326B	$4.221B	$4.117B	$4.133B	$3.439B	$2.738B	$1.671B	$1.527B
YoY Change
Accounts Payable	$263.5M	$269.8M	$253.3M	$215.0M	$164.6M	$151.6M	$140.2M	$136.6M	$151.9M	$122.5M	$101.7M	$98.60M	$64.80M	$46.70M
YoY Change	-2.33%	6.48%	17.84%	30.62%	8.58%	8.13%	2.64%	-10.07%	24.0%	20.45%	3.14%	52.16%	38.76%
Accrued Expenses	$634.1M	$537.3M	$571.5M	$474.4M	$347.1M	$266.7M	$201.5M	$209.2M	$191.5M	$200.6M	$162.0M	$213.4M	$194.7M	$201.0M
YoY Change	18.02%	-6.0%	20.48%	36.68%	30.15%	32.36%	-3.68%	9.24%	-4.54%	23.83%	-24.09%	9.6%	-3.13%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$109.9M	$40.00M	$0.00	$50.00M	$0.00	$0.00
YoY Change								-100.0%	174.75%		-100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$1.224B	$1.219B	$1.311B	$1.014B	$682.7M	$583.7M	$478.8M	$467.9M	$583.4M	$483.7M	$361.2M	$555.6M	$438.7M	$456.1M
YoY Change	0.37%	-6.98%	29.31%	48.45%	16.96%	21.91%	2.33%	-19.8%	20.61%	33.91%	-34.99%	26.65%	-3.81%
Long-Term Debt	$2.017B	$2.484B	$3.302B	$2.928B	$1.941B	$2.210B	$1.498B	$1.587B	$1.553B	$1.697B	$1.258B	$977.9M	$599.8M	$605.8M
YoY Change	-18.79%	-24.78%	12.76%	50.89%	-12.17%	47.49%	-5.57%	2.13%	-8.47%	34.94%	28.61%	63.04%	-0.99%
Other Long-Term Liabilities	$99.06M	$120.9M	$144.1M	$202.3M	$76.50M	$52.40M	$2.500M	$6.300M	$7.900M	$175.3M	$274.6M	$0.00
YoY Change	-18.05%	-16.1%	-28.78%	164.44%	45.99%	1996.0%	-60.32%	-20.25%	-95.49%	-36.16%
Total Long-Term Liabilities	$2.116B	$2.605B	$3.446B	$3.131B	$2.017B	$2.262B	$1.501B	$1.593B	$1.561B	$1.872B	$1.532B	$977.9M	$599.8M	$605.8M
YoY Change	-18.76%	-24.42%	10.08%	55.19%	-10.82%	50.74%	-5.79%	2.02%	-16.62%	22.2%	56.69%	63.04%	-0.99%
Total Liabilities	$3.340B	$3.840B	$4.802B	$4.234B	$2.708B	$2.849B	$2.730B	$3.669B	$3.598B	$3.655B	$3.023B	$1.541B	$1.052B	$1.067B
YoY Change	-13.04%	-20.02%	13.43%	56.33%	-4.96%	4.37%	-25.6%	1.99%	-1.57%	20.91%	96.1%	46.53%	-1.38%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
Basic Shares Outstanding	108.4M	115.0M shares	126.1M shares	127.8M shares	107.0M shares	111.7M shares	62.06M shares	31.08M shares	33.06M shares	32.94M shares	32.84M shares
Diluted Shares Outstanding	110.1M	116.2M shares	128.0M shares	129.2M shares	108.3M shares	115.1M shares	120.9M shares	120.8M shares	122.4M shares	122.3M shares	122.3M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $7.2869 Billion

About Taylor Morrison Home Corp

Taylor Morrison Home Corp. engages in the business of residential homebuilding and the development of lifestyle communities. The company is headquartered in Scottsdale, Arizona and currently employs 2,800 full-time employees. The company went IPO on 2013-04-10. The Company’s principal business is residential homebuilding and the development of lifestyle communities with operations across 11 states. The firm operates through four segments: East, Central, West and Financial Services. The company provides an assortment of homes across a range of price points to appeal to an array of consumer groups. The company designs, builds and sells single and multifamily detached and attached homes in traditionally high growth markets for entry level, move-up, and resort lifestyle buyers. The company operates under various brand names, including Taylor Morrison, Darling Homes Collection by Taylor Morrison, and Esplanade. The company also has a Build-to-Rent homebuilding business, which operates Yardly brand name. In addition, it develops and constructs multi-use properties consisting of commercial space, retail, and multifamily properties under the Urban Form brand name.

Industry: Operative Builders Peers: Meritage Homes CORP HORTON D R INC /DE/ Installed Building Products, Inc. KB HOME M.D.C. HOLDINGS, INC. TopBuild Corp NVR INC PULTEGROUP INC/MI/ Champion Homes, Inc. Toll Brothers, Inc.