Taylor Morrison Home Corporation (TMHC) financial statements (2021 and earlier)

Company profile

Business Address 4900 N. SCOTTSDALE ROAD, SUITE 2000
SCOTTSDALE, AZ 85251
State of Incorp. DE
Fiscal Year End December 31
SIC 1531 - Operative Builders (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q3
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments533548675508326222197
Cash and cash equivalents533548675508326222197
Prepaid expense50   49  
Assets held-for-sale, not part of disposal group201173210208191109125
Other current assets69   33  
Total current assets:853720885716599331321
Noncurrent Assets
Operating lease, right-of-use asset    373833
Inventory, real estate5,3325,4235,7725,8933,9874,2544,104
Property, plant and equipment98969799868485
Long-term investments and receivables128125112127129128130
Long-term investments128125112127129128130
Intangible assets, net (including goodwill)663664639613150150153
Goodwill663664637612149149152
Intangible assets, net (excluding goodwill) 111111
Deferred income tax assets238274277269140143145
Total noncurrent assets:6,4606,5826,8967,0014,5284,7964,649
Other undisclosed assets426532542546119213207
TOTAL ASSETS:7,7387,8348,3228,2625,2465,3405,178
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt1271101501541235679
Total current liabilities:1271101501541235679
Noncurrent Liabilities
Other undisclosed liabilities4,0174,1834,7484,6852,5772,7982,695
Total liabilities:4,1444,2924,8984,8392,7002,8542,775
Stockholders' equity
Stockholders' equity attributable to parent3,505   2,5382,4802,399
Common stock0   000
Treasury stock, value(447)   (344)(344)(344)
Additional paid in capital2,927   2,0982,0942,079
Accumulated other comprehensive income (loss)(1)   122
Retained earnings1,026   782728661
Stockholders' equity attributable to noncontrolling interest89   865
Other undisclosed stockholders' equity 3,5423,4253,423   
Total stockholders' equity:3,5943,5423,4253,4232,5462,4862,403
TOTAL LIABILITIES AND EQUITY:7,7387,8348,3228,2625,2465,3405,178

Income statement (P&L) ($ in millions)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q3
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
Revenues1,5581,6991,5271,3461,4661,1051,265
Cost of revenue(1,265)(1,390)(1,283)(1,148)(1,259)(894)(1,032)
Gross profit:293310244198207211234
Operating expenses(38)(152)(164)(223)(157)(120)(127)
Operating income (loss):25515880(25)5091107
Nonoperating expense(33)(6)(18)(92)(12)(4)(2)
Other nonoperating income (expense)(16)(2)1(6)(9)(0)0
Interest and debt expense(10)(10)  (7)(4)(2)
Income (loss) from continuing operations before equity method investments, income taxes:21214163(118)3184103
Income from equity method investments23  10  
Other undisclosed income (loss) from continuing operations before income taxes(95)522891468
Income (loss) from continuing operations before income taxes:11914985(29)5490110
Income tax expense (benefit)(22)(34)(18)(1)1(23)(28)
Other undisclosed income (loss) from continuing operations144(112)(64)    
Income (loss) before gain (loss) on sale of properties:24133(30)556782
Other undisclosed net income (loss)(144)11264    
Net income (loss):9711567(30)556782
Net loss attributable to noncontrolling interest(2)(0)(2)(2)(0)(0)(0)
Net income (loss) available to common stockholders, diluted:9411566(31)556782

Comprehensive Income ($ in millions)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q3
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
Net income (loss):9711567(30)556782
Other comprehensive loss(2)  (0)(1)  
Other undisclosed comprehensive income    1  
Comprehensive income (loss):9511567(30)546782
Other undisclosed comprehensive loss, net of tax, attributable to parent(2)(0)(2)(2)(0)(0)(0)
Comprehensive income (loss), net of tax, attributable to parent:9211566(31)546782

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: