Company Quick10K Filing
Taylor Morrison Home
10-Q 2020-03-31 Filed 2020-05-11
10-K 2019-12-31 Filed 2020-02-19
10-Q 2019-09-30 Filed 2019-10-30
10-Q 2019-06-30 Filed 2019-08-01
10-Q 2019-03-31 Filed 2019-05-01
10-K 2018-12-31 Filed 2019-02-20
10-Q 2018-09-30 Filed 2018-10-31
10-Q 2018-06-30 Filed 2018-08-01
10-Q 2018-03-31 Filed 2018-05-02
10-K 2017-12-31 Filed 2018-02-21
10-Q 2017-09-30 Filed 2017-11-02
10-Q 2017-06-30 Filed 2017-08-02
10-Q 2017-03-31 Filed 2017-04-27
10-K 2016-12-31 Filed 2017-02-21
10-Q 2016-09-30 Filed 2016-11-02
10-Q 2016-06-30 Filed 2016-08-03
10-Q 2016-03-31 Filed 2016-05-04
10-K 2015-12-31 Filed 2016-02-25
10-Q 2015-09-30 Filed 2015-11-04
10-Q 2015-06-30 Filed 2015-08-05
10-Q 2015-03-31 Filed 2015-05-07
10-K 2014-12-31 Filed 2015-02-27
10-Q 2014-09-30 Filed 2014-11-05
10-Q 2014-06-30 Filed 2014-08-05
10-Q 2014-03-31 Filed 2014-05-07
10-K 2013-12-31 Filed 2014-02-24
10-Q 2013-09-30 Filed 2013-11-13
10-Q 2013-06-30 Filed 2013-08-14
10-Q 2013-03-31 Filed 2013-05-15
8-K 2020-05-06 Earnings, Exhibits
8-K 2020-04-08 Earnings, Officers, Other Events, Exhibits
8-K 2020-02-28 Other Events, Exhibits
8-K 2020-02-06 Enter Agreement, Off-BS Arrangement, Officers, Other Events, Exhibits
8-K 2020-02-06 Enter Agreement, Leave Agreement, M&A, Off-BS Arrangement, Sale of Shares, Officers, Regulation FD, Other Events, Exhibits
8-K 2020-02-05 Earnings, Exhibits
8-K 2020-01-31 Other Events, Exhibits
8-K 2020-01-30 Shareholder Vote, Other Events, Exhibits
8-K 2020-01-27 Other Events, Exhibits
8-K 2020-01-23 Other Events
8-K 2020-01-17 Other Events, Exhibits
8-K 2020-01-03 Other Events, Exhibits
8-K 2019-12-18 Other Events, Exhibits
8-K 2019-12-05 Other Events, Exhibits
8-K 2019-12-05 Regulation FD, Other Events, Exhibits
8-K 2019-11-05 Other Events, Exhibits
8-K 2019-11-05 Enter Agreement, Other Events, Exhibits
8-K 2019-10-30 Earnings, Exhibits
8-K 2019-08-01 Enter Agreement, Off-BS Arrangement
8-K 2019-07-31 Earnings, Exhibits
8-K 2019-07-18 Earnings, Regulation FD, Exhibits
8-K 2019-07-18 Regulation FD, Exhibits
8-K 2019-06-05 Enter Agreement, Off-BS Arrangement, Regulation FD
8-K 2019-05-29 Shareholder Rights, Amend Bylaw, Shareholder Vote, Exhibits
8-K 2019-05-21 Regulation FD, Exhibits
8-K 2019-05-01 Earnings, Exhibits
8-K 2019-03-11 Other Events, Exhibits
8-K 2019-02-13 Earnings, Exhibits
8-K 2019-02-01 Officers, Exhibits
8-K 2018-11-21 Other Events, Exhibits
8-K 2018-10-31 Earnings, Regulation FD, Exhibits
8-K 2018-10-15 Enter Agreement, Other Events, Exhibits
8-K 2018-10-02 Enter Agreement, M&A, Off-BS Arrangement, Regulation FD, Exhibits
8-K 2018-09-19 Other Events, Exhibits
8-K 2018-08-01 Earnings, Exhibits
8-K 2018-07-18 Officers, Exhibits
8-K 2018-06-29 Enter Agreement, Off-BS Arrangement
8-K 2018-06-14 Officers
8-K 2018-06-07 Other Events, Exhibits
8-K 2018-06-07 Enter Agreement, Other Events, Exhibits
8-K 2018-05-30 Shareholder Rights, Amend Bylaw, Shareholder Vote, Exhibits
8-K 2018-05-02 Earnings, Exhibits
8-K 2018-02-07 Earnings, Exhibits
8-K 2018-01-26 Enter Agreement, Off-BS Arrangement
8-K 2018-01-11 Earnings
8-K 2018-01-11 Enter Agreement, Officers, Other Events, Exhibits
8-K 2018-01-03 Enter Agreement, Other Events, Exhibits

Taylor Morrison Home Financials

TMHC Metrics, Comps, Filings

Quarterly | Annual

Business

We are one of the largest public homebuilders in the United States. We are also a land developer, with a portfolio of lifestyle and master-planned communities. We provide a diverse assortment of homes across a wide range of price points. We strive to appeal to a broad spectrum of customers in traditionally high growth markets, where we design, build and sell single and multi-family detached and attached homes. We operate under the Taylor Morrison and Darling Homes brand names. We also provide financial services to customers through our wholly owned mortgage subsidiary, Taylor Morrison Home Funding, LLC ("TMHF") and title insurance and closing settlement services through our title company, Inspired Title Services, LLC ("Inspired Title").

We have operations in Arizona, California, Colorado, Florida, Georgia, Illinois, North Carolina, South Carolina, and Texas. Our business is organized into multiple homebuilding operating components and a financial services component, which are managed as multiple reportable segments, as follows:

East Atlanta, Charlotte, Chicago, Jacksonville, Orlando, Raleigh, Southwest Florida, and TampaCentral Austin, Dallas and Houston (both include a Taylor Morrison division and a Darling Homes division) and DenverWest Bay Area, Phoenix, Sacramento, and Southern CaliforniaFinancial Services Taylor Morrison Home Funding and Inspired Title Services


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Equity

Income Statement ($BB Quarterly)

Revenue, G Profit, Net Income

Cash Flow ($BB Quarterly)

Ops, Inv, Fin

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Thor Industries (THO) 3,216 13% 9.4 3% 5,608 3,483 8,268 1,075 177 509 4,794
KB Home (KBH) 2,374 6% 6.9 5% 4,920 2,725 4,407 246 262 316 2,195
Taylor Morrison Home (TMHC) 2,751 18% 15.5 4% 5,340 2,854 4,753 834 209 300 4,658
Meritage Homes (MTH) 2,743 7.7 6% 3,635 1,761 0 0 222 296 2,289
MDC Holdings (MDC) 2,701 16% 12.7 6% 3,159 1,457 882 141 200 263 3,341
LGI Homes (LGIH) 2,169 24% 9.2 10% 1,636 859 1,658 398 156 233 2,132
Tri Pointe Group (TPH) 2,108 8% 7.8 5% 3,941 1,830 3,074 235 190 253 1,978
Installed Building Products (IBP) 1,778 28% 16.1 6% 1,064 836 1,464 413 65 131 2,108
Cavco Industries (CVCO) 1,742 22% 14.9 10% 774 201 1,008 224 76 103 1,536
Skyline Champion (SKY) 1,655 20% 16.1 7% 732 281 1,409 281 55 96 1,545
Winnebago Industries (WGO) 1,273 15% 10.7 6% 1,554 768 2,044 303 94 162 1,733
St Joe (JOE) 1,029 0% 22.9 2% 898 375 101 0 18 41 948
Century Communities (CCS) 946 0% 7.9 3% 2,490 1,538 1,743 0 86 115 904
MI Homes (MHO) 809 11% 5.9 4% 2,182 1,227 2,481 264 86 131 776
William Lyon Homes (WLH) 799 6% 11.3 3% 3,019 1,987 2,046 123 91 192 2,164
Green Brick Partners (GRBK) 533 21% 6.2 7% 866 337 747 157 61 79 492
Xinyuan Real Estate (XIN) 492 0% 8,034 7,288 0 0 0 0 -694
Beazer Homes (BZH) 459 8% -5.4 -4% 1,958 1,419 2,088 166 -80 -63 336
Legacy Housing (LEGH) 402 39% 13.3 8% 262 47 126 48 22 30 400
Select Interior Concepts (SIC) 340 27% 12.2 0% 431 276 588 160 2 40 487

Balance Sheet ($MM)2013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash238421355389433301282234400146158126141132161300302248266576289321383332174198224
Accounts Receivable
Inventory
PP&E66715788556677667666739393887858584
Assets2,7783,2553,4023,4393,7343,9134,0334,1333,8703,8794,1224,1374,2504,2314,2704,2214,1494,2584,3174,3264,0844,2214,3325,2645,1905,1785,340
Accounts Payable0
Long-Term Debt1,4411,4781,5881,7371,5721,5501,7001,6831,8061,7411,6991,5991,4751,4661,4731,5081,4151,4361,4652,2102,1402,0922,131
Liabilities1,5571,8401,9281,8942,1612,2712,3422,3562,0192,0072,2022,1652,2542,2062,1862,0611,9511,9972,0031,9791,8881,9621,9722,8462,7952,7752,854
Stockholders' Equity1,2211,4161,4741,5451,5744424554784985045175205225155275529521,3441,3741,5962,1752,2372,3332,4152,3912,3992,480
Income Statement ($MM)2013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Revenue7981,0129701,1971,3009811,0361,4589251,2651,105
Cost of Revenue6148087839741,0458028371,2407531,032894
Gross Profit8210513418511314015320495137149187119160179223142171171254143179199217172234211
R&D
SG&A46605968586569595771798777918810589959511187100101104125119
Tax16-2632-713242712221022364222324119442426122023172823
Net Income2451426115566289720461826465919365655204859949518267
Cash Flow ($MM)2013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash Operating-53-241-44186-246-20-170-123219-178277230148-483325311046-281748
Cash Investing-1-1-4-70-2-48296-79-158-10-69-4-2-7-14-7-5-10-426-43-6
Cash Financing-4435-23-6929930-169-52150-32100-87-46-84-1331-965-2832010-126-15224