Taylor Morrison Home Corp
TMHC · Operative Builders · 93.4M shares · +0%/yr ↑ shares · EDGAR filings ↗
Net buyback after stock comp: $102M (gross $128M, SBC $26M)
Reference price $69.20 · est. market cap ~$6.5B — last insider sale, 2026-02-13 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
B74Scaled, diversified national homebuilder with above-average margins, strong free cash flow, and a clean balance sheet.
Strengths
- Strong cash generation: FCF $777M (9.6% margin, 73rd pct), OCF margin 10% (78.6th), home-closing gross margin 22.5% (75th)
- Healthy returns and leverage: ROE 12.4%, net margin 9.6% (69th), debt/equity 0.36 with ~$1.8B liquidity
Risks
- Net income down -11% and modest revenue decline amid a cyclical, rate-sensitive housing market
- Reliance on finance incentives to drive sales; inventory impairments ($28.8M) and rising legal accruals
Notable findings
- Exec changeRecent 8-K item 5.02 8-K ↗
- Strong balance sheetStrong balance sheet — $850M cash & investments
- Revenue declineRevenue -33.9% YoY
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
23.0%
Net margin
9.6%
Return on equity
12.4%
Return on assets
8.0%
Revenue growth (QoQ)
-33.9%
Net-income growth
-11.4%
Debt / equity
0.4×
Free cash flow
$777M
Tangible book value
$5.6B
Cash & investments
$850M
Stock comp / revenue
0.4%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-18 | Merrill Stevin Todd | Tax withheld | 259 | $71.58 |
| 2026-06-18 | Merrill Stevin Todd | Option exercise | 962 | — |
| 2026-05-21 | MARIUCCI ANNE L | Option exercise | 3.1K | — |
| 2026-05-21 | Warren Denise | Option exercise | 3.1K | — |
| 2026-05-21 | Ostis Heather C | Option exercise | 3.1K | — |
| 2026-03-12 | Palmer Sheryl | Option exercise | 7.5K | — |
| 2026-03-12 | Palmer Sheryl | Tax withheld | 3.1K | $58.86 |
| 2026-03-12 | VANHYFTE CURTIS | Option exercise | 4.1K | — |
| 2026-03-12 | VANHYFTE CURTIS | Tax withheld | 1.7K | $58.86 |
| 2026-02-23 | Merrill Stevin Todd | Tax withheld | 154 | $66.68 |
| 2026-02-23 | Merrill Stevin Todd | Grant | 2.7K | — |
| 2026-02-23 | Merrill Stevin Todd | Tax withheld | 738 | $66.68 |
| 2026-02-23 | VANHYFTE CURTIS | Option exercise | 2.9K | — |
| 2026-02-23 | VANHYFTE CURTIS | Tax withheld | 1.2K | $66.68 |
| 2026-02-23 | VANHYFTE CURTIS | Grant | 10K | — |
| 2026-02-23 | VANHYFTE CURTIS | Tax withheld | 2.9K | $66.68 |
| 2026-02-23 | VANHYFTE CURTIS | Grant | 2.0K | — |
| 2026-02-23 | VANHYFTE CURTIS | Tax withheld | 844 | $66.68 |
| 2026-02-23 | Palmer Sheryl | Tax withheld | 6.4K | $66.68 |
| 2026-02-23 | Palmer Sheryl | Option exercise | 15K | — |
| 2026-02-23 | Palmer Sheryl | Grant | 70K | — |
| 2026-02-23 | Palmer Sheryl | Tax withheld | 29K | $66.68 |
| 2026-02-23 | Terracciano Joseph | Option exercise | 206 | — |
| 2026-02-23 | Terracciano Joseph | Tax withheld | 67 | $66.68 |
| 2026-02-23 | Terracciano Joseph | Grant | 982 | — |
| 2026-02-23 | Terracciano Joseph | Tax withheld | 317 | $66.68 |
| 2026-02-23 | Merrill Stevin Todd | Option exercise | 573 | — |
| 2026-02-21 | Merrill Stevin Todd | Tax withheld | 286 | $67.91 |
| 2026-02-21 | Terracciano Joseph | Option exercise | 323 | — |
| 2026-02-21 | Merrill Stevin Todd | Option exercise | 887 | — |
| 2026-02-21 | Terracciano Joseph | Tax withheld | 104 | $67.91 |
| 2026-02-21 | Palmer Sheryl | Option exercise | 23K | — |
| 2026-02-21 | Palmer Sheryl | Tax withheld | 9.6K | $67.91 |
| 2026-02-21 | VANHYFTE CURTIS | Option exercise | 3.3K | — |
| 2026-02-21 | VANHYFTE CURTIS | Tax withheld | 887 | $67.91 |
| 2026-02-18 | VANHYFTE CURTIS | Option exercise | 3.2K | — |
| 2026-02-18 | Terracciano Joseph | Option exercise | 191 | — |
| 2026-02-18 | Terracciano Joseph | Tax withheld | 62 | $67.43 |
| 2026-02-18 | VANHYFTE CURTIS | Tax withheld | 916 | $67.43 |
| 2026-02-18 | Palmer Sheryl | Option exercise | 15K | — |
| 2026-02-18 | Palmer Sheryl | Tax withheld | 4.0K | $67.43 |
| 2026-02-18 | Merrill Stevin Todd | Option exercise | 551 | — |
| 2026-02-18 | Merrill Stevin Todd | Tax withheld | 178 | $67.43 |
| 2026-02-13 | Warren Denise | Sell | 3.0K | $69.20 |
| 2026-02-13 | Warren Denise | Sell | 100 | $69.31 |
| 2025-09-12 | Merrill Stevin Todd | Sell | 4.4K | $70.04 |
| 2025-09-11 | MARIUCCI ANNE L | Sell | 14K | $70.00 |
| 2025-09-05 | Palmer Sheryl | Sell | 14K | $72.06 |
| 2025-09-02 | Yip Christopher J. | Option exercise | 6.2K | — |
| 2025-08-22 | Palmer Sheryl | Sell | 25K | $70.20 |
| 2025-08-22 | VANHYFTE CURTIS | Option exercise | 5.1K | $29.08 |
| 2025-08-22 | VANHYFTE CURTIS | Sell | 5.1K | $69.97 |
| 2025-08-20 | VANHYFTE CURTIS | Option exercise | 1.1K | $29.08 |
| 2025-08-20 | VANHYFTE CURTIS | Sell | 3.5K | $68.67 |
| 2025-08-06 | VANHYFTE CURTIS | Option exercise | 1.5K | $26.28 |
| 2025-08-06 | VANHYFTE CURTIS | Option exercise | 7.1K | $28.32 |
| 2025-08-06 | VANHYFTE CURTIS | Option exercise | 1.1K | $31.55 |
| 2025-08-06 | VANHYFTE CURTIS | Sell | 9.8K | $65.22 |
| 2025-07-31 | VANHYFTE CURTIS | Option exercise | 661 | — |
| 2025-07-31 | VANHYFTE CURTIS | Tax withheld | 277 | $59.28 |
| 2025-05-22 | MARIUCCI ANNE L | Option exercise | 3.1K | — |
| 2025-05-22 | Warren Denise | Option exercise | 3.1K | — |
| 2025-03-11 | Terracciano Joseph | Sell | 1.5K | $60.75 |
| 2025-02-25 | MERRITT DAVID C | Sell | 2.2K | $63.98 |
| 2025-02-25 | MERRITT DAVID C | Sell | 200 | $64.01 |
| 2025-02-21 | VANHYFTE CURTIS | Option exercise | 3.3K | — |
| 2025-02-21 | VANHYFTE CURTIS | Tax withheld | 887 | $60.79 |
| 2025-02-21 | VANHYFTE CURTIS | Option exercise | 2.9K | — |
| 2025-02-21 | VANHYFTE CURTIS | Tax withheld | 1.2K | $60.79 |
| 2025-02-21 | Terracciano Joseph | Option exercise | 323 | — |
| 2025-02-21 | Terracciano Joseph | Tax withheld | 104 | $60.79 |
| 2025-02-21 | Terracciano Joseph | Option exercise | 205 | — |
| 2025-02-21 | Terracciano Joseph | Tax withheld | 55 | $60.79 |
| 2025-02-21 | Sherman Darrell | Option exercise | 3.1K | — |
| 2025-02-21 | Sherman Darrell | Tax withheld | 1.3K | $60.79 |
| 2025-02-21 | Sherman Darrell | Option exercise | 1.9K | — |
| 2025-02-21 | Sherman Darrell | Tax withheld | 791 | $60.79 |
| 2025-02-21 | Palmer Sheryl | Option exercise | 23K | — |
| 2025-02-21 | Palmer Sheryl | Tax withheld | 9.6K | $60.79 |
| 2025-02-21 | Palmer Sheryl | Option exercise | 15K | — |
| 2025-02-21 | Palmer Sheryl | Tax withheld | 6.4K | $60.79 |
| 2025-02-11 | VANHYFTE CURTIS | Option exercise | 2.8K | — |
| 2025-02-11 | VANHYFTE CURTIS | Tax withheld | 749 | $62.39 |
| 2025-02-11 | VANHYFTE CURTIS | Grant | 10K | — |
| 2025-02-11 | VANHYFTE CURTIS | Tax withheld | 2.8K | $62.39 |
| 2025-02-11 | Terracciano Joseph | Option exercise | 375 | — |
| 2025-02-11 | Terracciano Joseph | Tax withheld | 121 | $62.39 |
| 2025-02-11 | Terracciano Joseph | Grant | 1.3K | — |
| 2025-02-11 | Terracciano Joseph | Tax withheld | 434 | $62.39 |
| 2025-02-11 | Sherman Darrell | Option exercise | 3.7K | — |
| 2025-02-11 | Sherman Darrell | Tax withheld | 1.1K | $62.39 |
| 2025-02-11 | Sherman Darrell | Grant | 13K | — |
| 2025-02-11 | Sherman Darrell | Tax withheld | 3.6K | $62.39 |
| 2025-02-11 | Palmer Sheryl | Option exercise | 25K | — |
| 2025-02-11 | Palmer Sheryl | Tax withheld | 11K | $62.39 |
| 2025-02-11 | Palmer Sheryl | Grant | 91K | — |
| 2025-02-11 | Palmer Sheryl | Tax withheld | 36K | $62.39 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-06-01 | Material agreementOtherExhibits | filing ↗ |
| 2026-05-22 | Shareholder vote | filing ↗ |
| 2026-04-22 | ResultsExhibits | filing ↗ |
| 2026-03-17 | Exec/director change | filing ↗ |
| 2026-02-11 | ResultsExhibits | filing ↗ |
| 2025-12-23 | Material agreementDebt obligationExhibits | filing ↗ |
| 2025-12-16 | Exec/director changeReg FDExhibits | filing ↗ |
| 2025-11-10 | Material agreementDebt obligationOtherExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-01 | 2026-05-31 | 0001193125-26-249694 ↗ |
| 8-K | 2026-05-22 | 2026-05-21 | 0001193125-26-237026 ↗ |
| 10-Q | 2026-04-22 | 2026-03-31 | 0001628280-26-026535 ↗ |
| 8-K | 2026-04-22 | 2026-04-22 | 0001193125-26-168218 ↗ |
| 8-K | 2026-03-17 | 2026-03-11 | 0001193125-26-110835 ↗ |
| 10-K | 2026-02-18 | 2025-12-31 | 0001628280-26-009030 ↗ |
| 8-K | 2026-02-11 | 2026-02-11 | 0001193125-26-045475 ↗ |
| 8-K | 2025-12-23 | 2025-12-22 | 0001193125-25-329705 ↗ |
| 8-K | 2025-12-16 | 2025-12-10 | 0001193125-25-320920 ↗ |
| 8-K | 2025-11-10 | 2025-11-07 | 0001193125-25-273284 ↗ |
| 8-K | 2025-11-10 | 2025-11-10 | 0001193125-25-274335 ↗ |
| 8-K | 2025-11-07 | 2025-11-07 | 0001193125-25-272287 ↗ |