Taylor Morrison Home(NYSE) TMHC

Taylor Morrison builds and sells houses for families in America. They help people buy everything from first homes to vacation properties. The company also provides mortgages and insurance for new homeowners.

What Kind of Homes?

• Residential Homebuilding: Designs and constructs single and multi-family houses; generated $1.3 billion in net home closings revenue for Q1 2026.
• Financial Services: Provides mortgage funding, title insurance, and closing services to homebuyers; earned $49.3 million in revenue during Q1 2026.
• Build-to-Rent: Operates horizontal apartment communities under the Yardly brand name for the rental market.
• Urban Form: Develops multi-use properties including retail, commercial space, and multi-family housing.

Recent Moves and Changes

• Acquired AV Homes and its subsidiary Avatar Properties to expand residential operations.
• Settled the Solivita litigation in February 2026 by agreeing to pay $22.6 million to resolve long-standing legal claims.
• Reached an agreement to sell specific community amenities to the Solivita homeowner association.
• Renewed a stock repurchase program in February 2026 with authorization to buy back up to $1 billion in common stock.

Building Across the Map

Taylor Morrison manages the entire homebuilding process as a general contractor across 12 states. Their business model controls land from development through final sale while offering in-house financial help to simplify the buying process.

The Latest Numbers

• Total revenue fell to $1.4 billion in Q1 2026, down 26.8% from $1.9 billion in the same period last year.
• Net income reached $100.4 million in Q1 2026, a decrease of 53% compared to Q1 2025.
• Operating cash flow turned negative at -$10.4 million in Q1 2026, worsening from $77.2 million in Q1 2025.
• Gross profit was $290.6 million for Q1 2026, down 37.7% from $466.4 million the previous year.
• The company held $653 million in cash and cash equivalents as of March 31, 2026.

In Short

Taylor Morrison has transitioned into a multi-brand builder that manages both construction and consumer finance. The company continues to adjust its land holdings and product mix to meet changing buyer demand in high-growth US markets.