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)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments326330574300126234389
Cash and cash equivalents326330574300126234389
Restricted cash and investments      2
Prepaid expense49705359817674
Disposal group, including discontinued operation     269 
Assets held-for-sale, not part of disposal group191    
Other current assets33281914141425
Total current assets:599428646374221592490
Noncurrent Assets
Operating lease, right-of-use asset37
Inventory, real estate3,9873,9812,9593,0173,1272,518
Property, plant and equipment868777758
Long-term investments and receivables129141192158128110140
Long-term investments129141192158128110140
Intangible assets, net (including goodwill)1501536869622937
Goodwill1491526666582323
Intangible assets, net (excluding goodwill)11234514
Deferred income tax assets140
Total noncurrent assets:4,5284,3613,2273,2513,3252,663184
Other undisclosed assets1194764535965918782,764
TOTAL ASSETS:5,2465,2644,3264,2214,1374,1333,439
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt123130119199183161 
Total current liabilities:123130119199183161 
Noncurrent Liabilities
Other undisclosed liabilities2,5772,7151,8611,8621,9812,1951,894
Total liabilities:2,7002,8461,9792,0612,1652,3561,894
Stockholders' equity
Stockholders' equity attributable to parent, including:2,5382,4151,5965525204781,545
Common stock0      
Treasury stock, value(344)(186)(48)(44)(15)  
Additional paid in capital2,0982,0721,342385377374373
Accumulated other comprehensive income (loss)12(18)(18)(18)(11)(0)
Retained earnings78252832022917611543
Other undisclosed stockholders' equity attributable to parent 000001,129
Stockholders' equity attributable to noncontrolling interest847501,60867 
Other undisclosed stockholders' equity    1,4461,292 
Total stockholders' equity:2,5462,4192,3472,1601,9731,7771,545
TOTAL LIABILITIES AND EQUITY:5,2465,2644,3264,2214,1374,1333,439

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

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues4,7624,2273,8853,5502,9772,5932,354
Revenue, net3,8853,5502,9772,5582,323
Cost of revenue(3,938)(3,489)(3,146)(2,870)(2,409)(2,162)(1,835)
Cost of goods and services sold(9)(10)(3,146)(2,870)(2,409)(2,142)(1,818)
Other undisclosed gross profit     135(14)
Gross profit:824738739680568566505
Operating expenses(511)(418)(390)(362)(294)(251)(235)
Operating income:313320348319274315271
Nonoperating income (expense)(21)(61)(2)(12)18(18)(3)
Investment income, nonoperating    30  
Foreign currency transaction loss, before tax (20)     
Other nonoperating expense(7)(12)(2)(12)(12)(18)(3)
Interest and debt expense(13)(2)(4)(4)(33) (10)
Income from continuing operations before equity method investments, income taxes:279257343303259297258
Income from equity method investments1013   2738
Other undisclosed income (loss) from continuing operations before income taxes34313112(21)(198)
Income from continuing operations before income taxes:32227435631426130298
Income tax expense(67)(63)(179)(108)(90)(76)(3)
Income from continuing operations:25521017720717122695
Income from discontinued operations    5842 
Income before gain (loss) on sale of properties:25521017720722926895
Other undisclosed net loss    (2)(2) 
Net income:25521017720722726695
Net loss attributable to noncontrolling interest(0)(1)(0)(1) (2)(50)
Other undisclosed net income (loss) attributable to parent (4)(85)(153)(166)(193)0
Net income attributable to parent:2552069153617145
Other undisclosed net loss available to common stockholders, basic (206)(85)(52)(61)(71) 
Net income available to common stockholders, basic:2551700045
Other undisclosed net income available to common stockholders, diluted      124
Net income available to common stockholders, diluted:25517000169

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income:25521017720722726695
Other comprehensive income (loss)(1)200(0)(26)(39)(9)
Other undisclosed comprehensive income (loss) (20)  22 
Comprehensive income:25421017720620322986
Other undisclosed comprehensive loss, net of tax, attributable to parent(0)(4)(85)(154)(149)(168)(40)
Comprehensive income, net of tax, attributable to parent:2542069153546146

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.

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