Taylor Morn Home (TMHC)

Net profit margin

		Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Net income (ttm)	US$ in thousands	768,929	871,675	1,010,763	1,067,148	1,052,800	1,050,193	908,548	741,708	663,026	484,721	431,364	372,891	243,439	203,678	155,913	172,090	254,652	209,049	235,605	212,432
Revenue (ttm)	US$ in thousands	7,417,820	7,890,090	8,249,190	8,183,650	8,224,910	8,238,200	8,062,310	7,786,570	7,501,260	6,553,340	6,394,020	6,201,420	6,129,310	6,038,250	5,443,920	5,182,670	4,762,062	4,753,472	4,684,752	4,400,150
Net profit margin		10.37%	11.05%	12.25%	13.04%	12.80%	12.75%	11.27%	9.53%	8.84%	7.40%	6.75%	6.01%	3.97%	3.37%	2.86%	3.32%	5.35%	4.40%	5.03%	4.83%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $768,929K ÷ $7,417,820K
= 10.37%

To analyze Taylor Morrison Home Corp.'s net profit margin over the past eight quarters, we observe fluctuations in the metric. The net profit margin has ranged from a low of 9.53% in Q1 2022 to a high of 13.04% in Q1 2023. The trend shows a general increase in the net profit margin from Q1 2022 to Q1 2023, with a slight dip in Q4 2023 compared to the previous quarter. This may indicate varying levels of operational efficiency and profitability over the periods analyzed. Further investigation into the company's financial performance and operational strategies may provide insights into the factors driving these fluctuations in net profit margin.