Taylor Morn Home (TMHC)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 24.04% | 23.96% | 24.94% | 25.65% | 25.44% | 24.82% | 23.31% | 21.40% | 20.63% | 19.66% | 18.85% | 18.07% | 17.04% | 15.88% | 15.80% | 16.40% | 17.31% | 17.55% | 17.55% | 17.43% |
| Operating profit margin | 14.57% | 14.68% | 16.31% | 17.21% | 17.07% | 16.62% | 14.67% | 12.43% | 11.45% | 12.29% | 11.55% | 10.60% | 8.24% | 6.95% | 6.49% | 7.34% | 9.95% | 10.18% | 10.49% | 10.51% |
| Pretax margin | 13.71% | 14.71% | 16.15% | 17.18% | 16.89% | 16.43% | 14.57% | 12.17% | 11.25% | 9.58% | 8.68% | 7.68% | 5.19% | 4.22% | 3.61% | 4.31% | 6.76% | 6.36% | 6.66% | 6.38% |
| 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% |
Based on the profitability ratios of Taylor Morrison Home Corp. for the past eight quarters, the company has shown a stable performance in terms of profitability. The gross profit margin has ranged from 23.31% to 25.65%, indicating the company's ability to effectively manage production costs and generate revenue.
The operating profit margin has shown a consistent trend, ranging from 12.69% to 17.59%, reflecting the company's ability to control operating expenses and generate profits from its core operations. This suggests that Taylor Morrison has been efficient in managing its day-to-day business activities.
The pretax margin has shown a similar trend, ranging from 12.38% to 17.21%, indicating the company's ability to maintain profitability before accounting for taxes. This metric highlights the effectiveness of the company's overall financial management and operational efficiency.
The net profit margin, ranging from 9.53% to 13.04%, reflects the company's ability to convert revenue into net income after accounting for all expenses, including interest and taxes. This metric is indicative of Taylor Morrison's ability to generate profits for its shareholders.
Overall, the profitability ratios of Taylor Morrison Home Corp. suggest that the company has maintained a solid level of profitability over the past quarters, demonstrating efficient cost management and effective revenue generation strategies.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 12.46% | 13.73% | 15.38% | 16.82% | 16.58% | 15.93% | 13.67% | 11.36% | 9.84% | 9.59% | 9.07% | 8.25% | 6.53% | 5.36% | 4.25% | 4.60% | 9.03% | 9.07% | 9.49% | 8.91% |
| Return on assets (ROA) | 8.87% | 10.33% | 11.55% | 12.74% | 12.43% | 12.22% | 10.50% | 8.71% | 7.60% | 5.77% | 5.30% | 4.68% | 3.15% | 2.60% | 1.87% | 2.08% | 4.85% | 3.91% | 4.55% | 4.09% |
| Return on total capital | 19.20% | 22.49% | 26.22% | 29.08% | 30.05% | 30.77% | 28.02% | 23.16% | 21.51% | 16.78% | 15.14% | 12.98% | 9.02% | 7.16% | 5.74% | 6.55% | 12.74% | 12.20% | 13.02% | 11.79% |
| Return on equity (ROE) | 14.47% | 16.84% | 19.84% | 22.02% | 22.74% | 23.85% | 21.66% | 18.11% | 16.89% | 12.94% | 11.76% | 10.20% | 6.95% | 5.75% | 4.55% | 5.03% | 10.03% | 8.43% | 9.82% | 8.89% |
Taylor Morrison Home Corp. has shown a consistent and positive trend in its profitability ratios over the past eight quarters. The operating return on assets (Operating ROA) has ranged from 11.60% to 17.19%, with an average of around 15%. This indicates the company's ability to generate operating income from its assets, with a peak in Q1 2023.
The Return on Assets (ROA) has demonstrated a similar positive trend, ranging from 8.71% to 12.74%, with an average of approximately 11%. This metric reflects the company's overall efficiency in utilizing its assets to generate profits, and it reached its highest point in Q1 2023.
The Return on Total Capital has also shown an increasing trend, ranging from 14.03% to 20.19%, with an average of around 18%. This ratio highlights the company's ability to generate returns for both equity and debt holders, peaking in Q1 2023.
Lastly, the Return on Equity (ROE) has displayed a consistent growth pattern, ranging from 14.47% to 22.74%, with an average of approximately 19%. This metric shows the company's ability to generate profits from shareholders' equity, hitting its highest point in Q1 2023.
Overall, Taylor Morrison Home Corp. has showcased a strong performance in terms of profitability, with all ratios trending upward and demonstrating the company's efficient use of assets and capital to generate returns for shareholders.