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Taylor Morrison Home Corporation TMHC Land closings revenue — Cost of Revenue

Other product segments

Home closings revenue, net
$1.05B-24.6%
Financial services revenue, net
$24.45M-13.7%
Amenity and other revenue
$10.3M+7.6%

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Other financials

Income statement

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Revenue$1.4B-26.8%
Gross profit$290.6M-37.3%
Net income$98.6M-53.8%
EPS (diluted)$1.01-51.2%

Balance sheet

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Cash & equivalents$653.4M+72.8%
Total debt$2.3B+12.4%
Total equity$6.2B+4.9%
Total assets$9.8B+4.1%

Cash flow

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Operating cash flow-$10.4M-114%
CapEx$10.0M+17.0%
Free cash flow-$20.4M-130%

Valuation

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Market cap$6.59B-8.2%
Enterprise value$8.28B-6.6%
P/E9.9×+2.0×
P/S0.9×0.0×

Profitability

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Gross margin22.3%-2.0pp
Net margin8.8%-2.1pp
FCF margin9%+4.5pp

Returns & leverage

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Return on equity10.9%-5.0pp
Debt / equity0.4×0.0×

Where this comes from

Reported directly by Taylor Morrison Home Corporation in its filing.

Tagged under the XBRL concept us-gaap:CostOfRevenue.

The official record: Taylor Morrison Home Corporation’s 10-Q, filed April 22, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Taylor Morrison Home Corporation's land closings revenue — cost of revenue?
Taylor Morrison Home Corporation (TMHC) reported land closings revenue — cost of revenue of $12M in Q1 2026.
How has Taylor Morrison Home Corporation's land closings revenue — cost of revenue changed year-over-year?
Taylor Morrison Home Corporation's land closings revenue — cost of revenue increased by 244.0% year-over-year, from $3.49M to $12M.
What is the long-term trend for Taylor Morrison Home Corporation's land closings revenue — cost of revenue?
Over 4 years (2021 to 2025), Taylor Morrison Home Corporation's land closings revenue — cost of revenue has grown at a -22.1% compound annual growth rate (CAGR), from $83.85M to $30.9M.
What does land closings revenue — cost of revenue mean?
This metric captures the direct costs associated with the sale of land parcels, including the original acquisition price, capitalized development costs, and any associated carrying costs. It serves as a measure of the cost basis for non-core land assets liquidated during the period. Analyzing this cost relative to land sales revenue provides insight into the profitability and capital efficiency of the company's land divestment activities.