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Taylor Morrison Home Corporation (NYSE: TMHC) is a premier national homebuilder and land developer, headquartered in Scottsdale, Arizona. Recognized as America’s Most Trusted™ Home Builder from 2016 to 2024 by Lifestory Research, Taylor Morrison builds and sells a diverse range of single-family and multi-family homes across various price points, catering to different consumer demographics including first-time buyers, move-up buyers, luxury homebuyers, and the 55-plus segment.
Operating under the well-regarded brands of Taylor Morrison and Darling Homes, the company is dedicated to creating homes and communities that elevate the quality of life for residents. In Texas, Darling Homes is known for its focus on individuality and custom details, maintaining the high standards set by Taylor Morrison. The company's homes range in price from the low $100,000s to over $1,000,000, designed to meet the needs and preferences of a broad consumer base.
Recent achievements include strong financial performance, with reported net income for the third quarter of 2023 at $171 million, or $1.54 per diluted share. The company closed over 2,600 homes with an adjusted home closings gross margin of 23.9%. Additionally, Taylor Morrison has been actively investing in land, retiring debt, and repurchasing shares, ending the quarter with a substantial liquidity position of $1.6 billion.
The company’s diverse business model includes four reportable segments: East, Central, West, and Financial Services, with the majority of its revenue coming from the East Segment. Taylor Morrison's strategic approach includes a balanced product portfolio and a focus on high-quality community locations. Recent expansions, such as the acquisition of 1,500 lots in Indianapolis, Indiana, emphasize the company's commitment to growth and geographic diversification.
In addition to homebuilding, Taylor Morrison is recognized for its robust commitment to sustainability and community engagement, as detailed in its annual Environmental, Social, and Governance (ESG) Report. The company’s focus on operational efficiency, strategic land investments, and financial strength positions it well for continued success in a competitive market.
Taylor Morrison Home (NYSE: TMHC) has announced it will release its fourth quarter 2024 financial results before market opening on Wednesday, February 12, 2025. The company will host a conference call to discuss the results at 8:30 a.m. ET on the same day.
A live audio webcast will be available on Taylor Morrison's website in the Investor Relations section under the Events tab. Participants need to register to receive unique passcode and dial-in information. The call recording will be available for replay on the company's website, and filings will be accessible through the company's website or SEC.
Taylor Morrison Home (NYSE: TMHC) has announced its inaugural Investor Day, scheduled for March 6, 2025, in Sarasota, Florida. The event will showcase presentations from the company's executive leadership team regarding their long-term strategic vision, featuring guest speaker Ali Wolf, Chief Economist at Zonda, who will discuss housing market conditions.
The event will run from 12 p.m. to 3:30 p.m. ET, with presentations being streamed live on Taylor Morrison's website. In-person attendees, to institutional investors and analysts, will have the exclusive opportunity to tour Taylor Morrison communities and experience their Esplanade resort lifestyle offerings. Registration for in-person attendance must be completed by February 7, 2025.
A webcast replay and presentation materials will be made available on the company's Investor Relations webpage within 24 hours after the event.
Taylor Morrison (NYSE: TMHC) has been named America's Most Trusted® Home Builder for the tenth consecutive year by Lifestory Research, setting an unprecedented record in the industry. The recognition follows a comprehensive study where over 66,000 home shoppers were surveyed, with Taylor Morrison achieving a Net Trust Index score of 110.1.
The company has marked significant achievements over the past decade, including:
- Building homes for over 100,000 homebuyers
- Completing six acquisitions
- Expanding into new markets including the Pacific Northwest, Las Vegas, and the Carolinas
- Launching an innovative online reservation system
- Introducing the Yardly build-to-rent initiative
- Successfully running the Able Ready Own (ARO) program, helping over 5,000 customers improve their homeownership qualifications
The company's Esplanade brand also earned recognition with a 103.6 trust index score in the Active Adult Builder category. This achievement adds to Taylor Morrison's growing list of accolades, including recognition from Forbes, Newsweek, and inclusion in the Fortune 500 list since 2021.
Taylor Morrison (NYSE: TMHC) continues its annual Build Joy program for the eighth consecutive year, awarding $1,000 each to 14 team members for their chosen charitable initiatives. Since its inception in 2017, the program has contributed approximately $230,000 to support over 100 philanthropic projects.
The 2024 initiatives include funding for various causes such as stocking a library at an autism-focused charter school, supporting preschool children with cancer, helping domestic violence survivors, creating care packages for foster children, and assisting parents with NICU babies. In Naples, FL, Office Manager Casee Le is directing funds to help rebuild Fairytale Endings Rescue, a no-kill shelter damaged by Hurricane Helene.
Taylor Morrison (NYSE: TMHC) has achieved significant recognition from Forbes, ranking No. 12 on their inaugural Most Trusted Companies in America list and No. 67 on America's Best Companies list. The national homebuilder's rankings were determined through comprehensive evaluations across multiple categories, including employee trust, customer trust, investor trust, and media sentiment.
The assessment involved hundreds of millions of data points, with research conducted in partnership with HundredX, Signal AI, and Glassdoor. From over 2,000 eligible U.S.-based publicly traded companies, only 300 qualified for each list. The evaluation considered more than 60 metrics across 11 primary categories.
These recent accolades add to Taylor Morrison's impressive portfolio of recognitions, including listings on Newsweek's America's Most Responsible Companies, America's Greenest Companies lists, and U.S. News & World Report's Best Companies to Work For list. The company has also maintained its position as America's Most Trusted® Home Builder for nine consecutive years.
Taylor Morrison (NYSE: TMHC) has been recognized by Newsweek as one of America's Most Responsible Companies for 2025, marking its third consecutive year on the list. The company achieved its highest score in corporate governance and showed significant improvement in environmental metrics.
Key highlights from their sixth annual Sustainability and Belonging Report include: a 10% improvement in Home Energy Rating System score since 2020, protection of nearly 9,000 acres of Certified Wildlife Habitat®, and establishment of over 100 certified monarch butterfly gardens. The company stands out with 44% female workforce representation, significantly higher than the industry average of 11%.
Notable initiatives include the 'Home Away From Home' program providing housing for cancer patients, enhanced environmental impact reporting, and inclusive design principles in home construction. The recognition was based on Statista's analysis of over 30 performance indicators and a survey of 26,000 U.S. consumers.
Taylor Morrison (NYSE: TMHC) has revealed its top 10 design trends for 2025, highlighting significant shifts in home design preferences. Key trends include inclusive design features catering to physical disabilities and neurodivergent individuals, multigenerational housing solutions with dedicated spaces, and enhanced indoor-outdoor connectivity through strategic window placement.
The trends emphasize sensory design, practical entryway solutions, and space optimization with reduced hallways. The company notes a growing preference for timeless designs over trendy elements, with modern farmhouse remaining a popular exterior style. Color trends feature warm tones, including Clove (SW 9605) as the foundation color, paired with City Loft, Mink, and Carnelian for a rich, enduring palette.
Notable statistics include the company's most popular floor plan in 2023 being a 1,373 sq. ft. two-story townhome, and new standard covered patios expanding to 160 sq. ft. in Houston, compared to the typical 100 sq. ft.
Taylor Morrison (NYSE: TMHC) has appointed Fletcher Previn, Cisco's chief information officer, to its Board of Directors effective Dec. 1, replacing William H. Lyon who is retiring. Previn brings over 20 years of experience in IT and cybersecurity from roles at Cisco, IBM, and Walmart. Additionally, the company announced its second cohort of board fellows through its Board Fellowship Program, with Citigroup Managing Director Anissa Dhouibi and Executive Coach Analiza Wolf joining in December 2024, succeeding the first cohort who completed their 18-month term in August.
Taylor Morrison (NYSE: TMHC) has been named to Newsweek's 2025 America's Greenest Companies list for the second consecutive year, earning four out of five stars. The recognition highlights the company's environmental initiatives, including a 10% improvement in home energy efficiency since 2020 and recycling over 3 million pounds of concrete in 2023.
Key sustainability achievements include enhanced greenhouse gas emissions assessment, water conservation through WaterSense-certified fixtures, biodiversity protection through National Wildlife Federation partnership, and sustainable building practices. The company's environmental efforts are aligned with SASB, GRI, UN SDGs, and TCFD standards, demonstrating their commitment to reducing environmental impact across operations.
Taylor Morrison Home (TMHC) reported strong third quarter 2024 results with net income of $251 million, or $2.37 per diluted share, up from $171 million in Q3 2023. Key highlights include a 54% increase in diluted EPS, 9% growth in net sales orders to 2,830, and home closings revenue of $2.0 billion from 3,394 closings at an average price of $598,000. The company achieved a home closings gross margin of 24.8%, up from 23.1% year-over-year, and maintained strong liquidity of $1.2 billion. For full-year 2024, Taylor Morrison expects approximately 12,725 home closings with a gross margin of 24.3%.
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