NYSE$TMHC
Taylor Morrison Home Corp · Q4 2024 earnings
Q4 2024 earnings · · Before market open · Investor relations
Briefing
Taylor Morrison reported strong Q4 2024 results with a 16.7% year-over-year revenue increase to $2.36 billion. Net income rose to $242 million, or $2.30 per diluted share, while adjusted net income reached $278 million, or $2.64 per diluted share. Home closings revenue grew 12% to $2.2 billion, driven by higher sales and a marginally increased average selling price.
Headline financials
Revenue & EPS history
Taylor Morrison · Revenue · Quarterly
$2.36B
Forward guidance
Taylor Morrison expects continued growth in 2025, forecasting increased home closings and stable margins despite market uncertainties.
Tailwinds
- Forecasting home closings between 13,500 and 14,000
- Home closings gross margin expected between 23% to 24%
- Ending active community count projected to reach at least 355
- Strong capital allocation with planned $300M-$350M in share repurchases
- Maintained financial strength with projected SG&A in mid-9% range
Headwinds
- Potential market volatility in interest rates affecting housing demand
- Cancellations increased to 13.1% from 11.6% year-over-year
- Backlog decreased by 10.3% compared to prior year
- Slightly lower average selling prices expected in some segments
- Macroeconomic uncertainties could impact future demand
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2024
+0.0%
Avg return
Earnings day
+0.6%
Avg return
5 days after
+2.0%
Avg return
30 days after
42%
22 / 53 earnings
Positive
+11.5%
Q3 2021
Best reaction
-8.9%
Q4 2016
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +5.5% | +1.6% | -6.4% | |
| Q4 2025 | -1.1% | +3.7% | -10.9% | |
| Q3 2025 | -3.2% | -4.4% | -2.9% | |
| Q2 2025 | -1.9% | -0.8% | +0.5% | |
| Q1 2025 | -2.0% | -2.6% | -4.0% | |
| Q4 2024 | +3.3% | +2.9% | -5.9% | |
| Q3 2024 | +5.4% | +7.8% | +9.6% | |
| Q2 2024 | -0.6% | +2.8% | +4.1% | |
| Q1 2024 | -2.8% | -0.9% | -1.0% | |
| Q4 2023 | +7.9% | +3.2% | +6.4% | |
| Q3 2023 | -2.8% | -3.6% | +15.3% | |
| Q2 2023 | -5.4% | -3.2% | -11.5% | |
| Q1 2023 | +4.9% | +5.6% | +7.9% | |
| Q4 2022 | +0.6% | -0.4% | -1.3% | |
| Q3 2022 | -4.0% | -2.6% | +8.6% | |
| Q2 2022 | +4.8% | +6.1% | -3.0% | |
| Q1 2022 | -1.5% | -1.3% | +4.3% | |
| Q4 2021 | +4.2% | -0.5% | +4.4% | |
| Q3 2021 | +11.5% | +14.4% | +16.5% | |
| Q2 2021 | +6.3% | +8.3% | +13.2% | |
| Q1 2021 | -4.8% | -3.8% | -9.7% | |
| Q4 2020 | -0.5% | -3.0% | -3.2% | |
| Q3 2020 | -3.4% | -3.8% | +11.7% | |
| Q2 2020 | -5.3% | -6.5% | -1.9% | |
| Q1 2020 | -0.5% | +8.9% | +48.4% | |
| Q4 2019 | -0.5% | -1.3% | -18.5% | |
| Q3 2019 | -5.1% | -8.6% | -12.1% | |
| Q2 2019 | +2.1% | -1.2% | +6.4% | |
| Q1 2019 | +9.8% | +6.9% | +3.2% | |
| Q4 2018 | -6.4% | -8.4% | -10.5% | |
| Q3 2018 | +2.7% | +4.4% | +6.9% | |
| Q2 2018 | -0.9% | -0.6% | -0.4% | |
| Q1 2018 | -6.0% | -5.6% | -10.0% | |
| Q4 2017 | -1.2% | -2.3% | -2.2% | |
| Q3 2017 | -3.3% | -2.9% | -1.0% | |
| Q2 2017 | -3.7% | -3.7% | -12.3% | |
| Q1 2017 | +2.6% | +2.2% | +5.1% | |
| Q4 2016 | -8.9% | +0.1% | +9.2% | |
| Q3 2016 | +6.2% | +9.5% | +17.3% | |
| Q2 2016 | +5.6% | +8.9% | +10.8% | |
| Q1 2016 | -3.8% | — | — | |
| Q4 2015 | +3.7% | — | — | |
| Q3 2015 | -6.3% | — | — | |
| Q2 2015 | +5.4% | — | — | |
| Q1 2015 | +1.0% | — | — | |
| Q4 2014 | -2.8% | — | — | |
| Q3 2014 | +6.3% | — | — | |
| Q2 2014 | -0.6% | — | — | |
| Q1 2014 | +0.3% | — | — | |
| Q4 2013 | +8.1% | — | — | |
| Q3 2013 | -2.0% | — | — | |
| Q2 2013 | -8.8% | — | — | |
| Q1 2013 | -5.4% | — | — | |
| Q3 2012 | — | — | — | |
| Q2 2012 | — | — | — | |
| Q1 2012 | — | — | — |
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