UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from_________to_________. Commission File No. 001-35873 TAYLOR MORRISON HOME CORPORATION (Exact name of registrant as specified in its charter) (State or other jurisdiction of inc ...

Investor Presentation Fourth Quarter and Full Year 2023 At a Glance | --- | --- | --- | --- | |--------------------------------------------------|----------------------------|-------|--------------------| | | | | | | as of the fourth quarter 2023 | | | in 2023 | | 72,362 | $607,000 | | $7.4 billion | | homebuilding lots owned & controlled | average home closing price | | total revenue | | 6.3 years | 24.1% | | 11,495 | | total homebuilding lot supply (3.0 years owned) | home closings gross margin | | home c ...

Taylor Morrison Home Corporation (NYSE:TMHC) Q4 2023 Earnings Conference Call February 14, 2024 8:30 AM ET Company Participants Mackenzie Aron - Vice President, Investor Relations Sheryl Palmer - Chairman and Chief Executive Officer Erik Heuser - Chief Corporate Operations Officer Curt VanHyfte - Chief Financial Officer Conference Call Participants Truman Patterson - Wolfe Research Carl Reichardt - BTIG Elizabeth Langan - Barclays Jay McCanless - Wedbush Will Wong - JPMorgan Kenneth Zener - Seaport Research ...

☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR Commission File Number: 001-35873 TAYLOR MORRISON HOME CORPORATION (Exact name of registrant as specified in its Charter) (State or o ...

Investor Presentation Third Quarter 2023 At a Glance as of the third quarter 2023 year to date 2023 | --- | --- | --- | |--------------------------------------------------|----------------------------|--------------------| | | | | | 74,000 | $611,000 | $5.2 billion | | homebuilding lots owned & controlled | average home closing price | total revenue | | 6.1 years | 18.2% | 8,305 | | total homebuilding lot supply (3.5 years owned) | return on equity | home closings | | 325 | $1.6 billion | 2.9 | | active sel ...

Taylor Morrison Home Corporation (NYSE:TMHC) Q3 2023 Earnings Conference Call October 25, 2023 8:30 AM ET Company Participants Mackenzie Aron - Vice President, Investor Relations Sheryl Palmer - Chairman and CEO Curt VanHyfte - Chief Financial Officer Erik Heuser - Chief Corporate Operations Officer Conference Call Participants Carl Reichardt - BTIG Paul Przybylski - Wolfe Research Anika Dholakia - Barclays Doug Wardlaw - JPMorgan Alan Ratner - Zelman & Associates Ken Zener - Seaport Research Jay McCanless ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-35873 TAYLOR MORRISON HOME CORPORATION (Exact name of registrant as specified in its Charter) (State or other ...

Taylor Morrison Home Corporation (NYSE:TMHC) Q2 2023 Earnings Conference Call July 26, 2023 8:30 AM ET Company Participants Mackenzie Aron - VP, IR Sheryl Palmer - Chairman, President & CEO Erik Heuser - EVP & Chief Corporate Operations Officer Curt VanHyfte - West Area President & Interim CFO Conference Call Participants Michael Rehaut - JPMorgan Chase & Co. Carl Reichardt - BTIG Truman Patterson - Wolfe Research Elizabeth Langan - Barclays Bank Daniel Oppenheim - Crédit Suisse Alex Barrón - Housing Resear ...

Table of Contents (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-35873 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q TAYLOR MORRISON HOME CORPORATION (Exact name of registrant as specified in its Charter) (State or other ...

Financial Performance - Total revenue for 2022 was $8,224,917, an increase of 9.6% from $7,501,265 in 2021[330]. - Home closings revenue reached $7,889,371, up 10% from $7,171,433 in the previous year[330]. - Net income attributable to Taylor Morrison Home Corporation for 2022 was $1,052,800, representing a 58.7% increase from $663,026 in 2021[330]. - Earnings per share (EPS) for 2022 were $9.16 (basic), compared to $5.26 in 2021, reflecting a 74.3% increase[330]. - The company reported a gross margin of $2,092,366 for 2022, an increase of 35.2% from $1,547,881 in 2021[330]. - The net income for the year ended December 31, 2022, was $1,056,247,000, compared to $1,052,800,000 in 2021, indicating a slight increase of about 0.4%[334]. - Net income for the year ended December 31, 2022, was $1,056,247, a 55% increase from $682,367 in 2021[337]. - The company reported an income before income taxes of $1,392,675,000 for 2022, compared to $863,108,000 in 2021, representing an increase of approximately 61.2%[463]. Share Repurchase and Dividends - The company intends to use future earnings for business development, working capital, debt repayment, and possibly share repurchases, with no cash dividends anticipated in the foreseeable future[201]. - In 2022, the company repurchased a total of 14,568,364 shares of Common Stock, compared to 9,918,104 shares in 2021, reflecting a significant increase in share repurchase activity[202]. - The company has authorized a $500 million renewal of its stock repurchase program until December 31, 2023, replacing a prior $250 million authorization[203]. - As of December 31, 2022, the amount available for repurchase was $279.1 million, after repurchasing 14,568,364 shares at a cost of $376.3 million[452]. Debt and Financing - As of December 31, 2022, approximately 88% of the company's debt was fixed rate, while 12% was variable rate, indicating a strong preference for fixed-rate debt[305]. - The company had approximately $1.0 billion of additional availability for borrowings under its Credit Facilities, including $130.8 million for letters of credit as of December 31, 2022[305]. - Total debt as of December 31, 2022, is $2,494.6 million, a decrease from $3,299.8 million in 2021, reflecting a reduction of approximately 24.4%[403]. - The company redeemed its 5.875% Senior Notes due 2023 in full on October 31, 2022, resulting in a net loss on extinguishment of debt of $0.8 million for the year ended December 31, 2022[405]. - The company had $361.5 million in loans payable and other borrowings as of December 31, 2022, compared to $404.4 million in 2021, indicating a decrease of approximately 10.6%[403]. - The company transitioned its mortgage warehouse borrowings from LIBOR to SOFR and BSBY, with total mortgage warehouse borrowings of $306.1 million as of December 31, 2022[431][438]. Assets and Liabilities - Total assets decreased to $8,470,724 in 2022 from $8,727,777 in 2021, a decline of 2.9%[328]. - Total liabilities reduced to $3,823,865 in 2022, down 19.6% from $4,756,795 in 2021[328]. - Total accrued expenses and other liabilities decreased to $490,253 as of December 31, 2022, down from $525,209 in 2021, representing a reduction of 6.7%[401]. - The present value of lease liabilities as of December 31, 2022, was $100.2 million, comprising $75.8 million for operating leases and $24.3 million for finance leases[350]. Real Estate and Inventory - Total owned inventory as of December 31, 2022, was $5,346.9 million, a slight decrease from $5,444.2 million in 2021[389]. - Real estate developed or under development as of December 31, 2022, was $3,607.2 million, down from $3,895.7 million in 2021[389]. - Total real estate inventory as of December 31, 2022, was $5,370.9 million, compared to $5,499.5 million in 2021[389]. - The company had outstanding letters of credit and surety bonds totaling $1.2 billion as of December 31, 2022, consistent with the previous year[466]. Taxation - The provision for income taxes for the year ended December 31, 2022, totaled $336.4 million, significantly higher than $180.7 million in 2021[441]. - The effective tax rate for the year ended December 31, 2022, was 24.2%, an increase from 20.9% in 2021, influenced by state income taxes and energy tax credits[442]. - Total deferred tax assets decreased from $248.6 million in 2021 to $215.0 million in 2022, primarily due to reductions in real estate inventory and accruals[444]. Other Financial Metrics - The company reported capitalized interest of $190,123 for the year ended December 31, 2022, an increase of 12.5% from $168,670 in 2021[394]. - The company recognized PRSU expense of $12,642,000 in 2022, up from $8,125,000 in 2021, reflecting a year-over-year increase of approximately 55.5%[459]. - Stock-based compensation expense for the year ended December 31, 2022, totaled $26.9 million, an increase from $19.9 million in 2021[454].