Financial Data and Key Metrics Changes - The company generated earnings per share of $0.61 for the quarter, representing a 39% improvement over last year [11] - Homebuilding revenues increased by 11% year-over-year, with home sales gross margin at 22.1%, exceeding the high end of guidance [11][40] - SG&A as a percentage of home sales revenue improved by 180 basis points to 9.8% [11][44] - Net income for the quarter was $79 million, a 39% increase compared to the prior year [44] Business Line Data and Key Metrics Changes - Net orders for the quarter increased by 50% year-over-year, with an order pace improvement of 65% to 4.8 per community per month [12][33] - The absorption rate in California markets was particularly strong, with 6.6 homes per community per month, led by the Inland Empire at over nine homes [34] - Deliveries for the quarter totaled 1,303 homes, a 10% increase year-over-year, resulting in home sales revenue of $826 million [40] Market Data and Key Metrics Changes - Demand was broad-based, with 38% of buyers representing the millennial cohort [12] - The company anticipates a decrease in average selling price to approximately $585,000 in 2021 and $550,000 in 2022 due to growth in entry-level and first move-up segments [41] Company Strategy and Development Direction - The company plans to operate nationally as one unified brand, TRI Pointe Homes, to drive operational efficiency and improve financial results [25][30] - Focus on five ways to improve returns, including leveraging long-term California assets, maturing early-stage divisions, increasing inventory turns, share repurchase programs, and operational improvements [14][20][22] - The company is committed to a programmatic stock repurchase program, having repurchased $164 million in stock from a $200 million authorization [20][21] Management Comments on Operating Environment and Future Outlook - Management expressed optimism about the housing market, citing strong demand trends and demographic shifts favoring homeownership [13][52] - The company expects some slowing in sales pace due to seasonality but remains bullish about the housing business for the next couple of years [38][91] - Management acknowledged challenges in the supply chain but emphasized their ability to navigate these issues effectively [73][82] Other Important Information - The company ended the quarter with approximately $3 billion in real estate inventory and $1.3 billion in total outstanding debt, resulting in a debt-to-capital ratio of 37.8% [46] - The cancellation rate for the quarter was reported at 9.5% [136] Q&A Session Summary Question: Why can't the housing industry return to 2005 levels of starts? - Management cited land, labor, and regulatory challenges as primary inhibitors to growth [60][62] Question: What percentage of communities were able to raise prices during Q3? - Over 90% of communities were able to increase prices or decrease incentives [68] Question: Are there any labor shortages affecting construction cycles? - Management reported no issues with labor shortages, though cycle times have increased by 5% to 10% due to pandemic-related impacts [73] Question: What is the outlook for gross margins in Q4? - The slight decrease in gross margin guidance for Q4 is attributed to a lower mix of long-term California assets [84] Question: How is the virtual sales process impacting costs? - The virtual sales process accounted for 50% of sales in Q3, leading to potential long-term savings in model merchandising [134][135]

2020 Third Quarter Results MaracayTM – Pardee Homes® – Quadrant Homes® – Trendmaker® Homes – TRI Pointe Homes® – Winchester® Homes Forward-Looking Statements Various statements contained in this presentation, including those that express a belief, expectation or intention, as well as those that are not statements of historical fact, are forward-looking statements. These forward-looking statements may include, but are not limited to, statements regarding our strategy, projections and estimates concerning the ...

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, 2020 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Fo ...

Financial Data and Key Metrics Changes - TRI Pointe Group generated net income of $56.5 million in Q2 2020, representing a 139% improvement year-over-year, with earnings per diluted share at $0.43 [8][31] - Excluding costs related to debt extinguishment and workforce reduction, net income was $65.9 million or $0.51 per diluted share [9][31] - Home sales revenue reached $767 million, an 11% increase year-over-year, with an average selling price of $624,000 per home [27] Business Line Data and Key Metrics Changes - The company delivered 1,229 homes during the quarter, a 9% increase year-over-year [27] - The homebuilding gross margin percentage improved to 21.6%, a 460 basis point increase year-over-year [28] - The cancellation rate for the second quarter was 21%, down from a high of 36% in April to 13% in June [26] Market Data and Key Metrics Changes - Order activity improved significantly, with a 28% year-over-year increase in June orders, including a 36% increase in California [10] - Net orders were up over 40% year-over-year in July for the first three weeks, with California orders up over 70% [10] - The company opened 12 new communities and closed 10, ending the quarter with 145 active selling communities [32] Company Strategy and Development Direction - TRI Pointe Group is focusing on a balanced strategy with an emphasis on affordable market segments, with 45% of orders in California priced at $500,000 or less [16][17] - The company aims to diversify operations geographically and by product, expanding into early-stage markets like Sacramento, Austin, Dallas, and the Carolinas [18][19] - The pandemic has accelerated the shift towards online sales, with 48% of net orders in Q2 driven through virtual and one-on-one appointments [22] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to adapt to changing market dynamics and consumer behavior due to the pandemic [23][42] - The company anticipates delivering between 1,100 and 1,200 homes in Q3 2020, with an average sales price of $620,000 to $630,000 [39] - There is a focus on maintaining a strong balance sheet and managing capital prudently amid ongoing uncertainties related to COVID-19 [42] Other Important Information - The company generated $250 million in positive cash flow from operations and ended the quarter with over $1 billion in liquidity [37] - The effective tax rate for Q3 2020 is expected to be in the range of 25% to 26% [39] Q&A Session Summary Question: Guidance for the back-half of the year - Management acknowledged that the guidance appears conservative due to a lower number of specs available, with only 198 specs at the end of the quarter [48] Question: Strategy on speculative starts - The company has increased the pace of new speculative starts after a conservative approach during the pandemic [49] Question: Pricing power and margin impact - Management indicated that they have been able to increase prices or reduce incentives due to strong demand, but there may be mixed impacts from higher-priced legacy assets [52][53] Question: Buyer urgency and patience - Buyers are showing more patience and willingness to wait for homes to be built, prioritizing personalization and features that cater to their needs [66] Question: Geographic trends in order growth - Strong growth has been observed in California and Phoenix, with new product offerings contributing to higher absorption rates [90][91] Question: Community count growth expectations - Management expects more meaningful community count growth in 2021, particularly in new markets like the Carolinas and Texas [114]

2020 Second Quarter Results MaracayTM – Pardee Homes® – Quadrant Homes® – Trendmaker® Homes – TRI Pointe Homes® – Winchester® Homes Forward-Looking Statements Various statements contained in this presentation, including those that express a belief, expectation or intention, as well as those that are not statements of historical fact, are forward-looking statements. These forward-looking statements may include, but are not limited to, statements regarding our strategy, projections and estimates concerning th ...

TRI Pointe Group, Inc. (NYSE:TPH) Q1 2020 Results Earnings Conference Call April 23, 2020 5:00 PM ET Company Participants Chris Martin - Investor Relations Doug Bauer - Chief Executive Officer Glenn Keeler - Chief Financial Officer Tom Mitchell - Chief Operating Officer and President Conference Call Participants Alan Ratner - Zelman and Associates Truman Patterson - Wells Fargo Stephen Kim - Evercore ISI Jack Micenko - SIG Mike Dahl - RBC Capital Markets Jay McCanless - Wedbush Carl Reichardt - BTIG Alex ...

2020 First Quarter Results MaracayTM – Pardee Homes® – Quadrant Homes® – Trendmaker® Homes – TRI Pointe Homes® – Winchester® Homes Forward Looking Statements Various statements contained in this presentation, including those that express a belief, expectation or intention, as well as those that are not statements of historical fact, are forward‐looking statements. These forward‐looking statements may include, but are not limited to, statements regarding our strategy, projections and estimates concerning the ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION For the quarterly period ended March 31, 2020 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 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________________________________________________________________________ FORM 10-K _______________________________________________________________________________ (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2019 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to ...

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, 2019 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 19 ...