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Taylor Morrison Reports First Quarter 2021 Results, Including 42% Year-Over-Year Growth to 4.3 Net Sales Orders per Community

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SCOTTSDALE, Ariz., April 29, 2021 /PRNewswire/ Taylor Morrison Home Corporation (NYSE: TMHC), the nation s fifth largest homebuilder, announced results for the first quarter ended March 31, 2021. Reported net income of $98 million, or $0.75 per diluted share, compared to a reported net loss of $31 million, or $0.26 per diluted share, in the first quarter of 2020.
The Company s first quarter included the following results, as compared to the prior-year quarter:
Net sales orders increased 30 percent to 4,492.
Monthly absorptions increased 42 percent to 4.3 net sales orders per community, a company record high.
Home closings gross margin increased 320 basis points to 18.6 percent.
Backlog increased 54 percent to 10,074 sold homes with a sales value of $5.3 billion, up 70 percent. ....

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Taylor Morrison Reports Fourth Quarter 2020 Results, Including 31% Year-Over-Year Growth to 3.4 Net Sales Orders per Community

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SCOTTSDALE, Ariz., Feb. 10, 2021 /PRNewswire/
Taylor Morrison Home Corporation (NYSE: TMHC), the nation s fifth largest homebuilder, today announced financial results for the fourth quarter ended Dec. 31, 2020. The Company reported net income of $94 million, or $0.72 per diluted share, up 41 percent from the prior-year period. Adjusted net income was $115 million, or $0.87 per diluted share, after excluding transaction-related expenses and other unusual items.
The Company s fourth quarter included the following results, as compared to the prior-year quarter:
Monthly absorptions increased 31 percent to 3.4 net sales orders per community, among the highest levels in its public company history.
Total revenue increased six percent to $1.6 billion. ....

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