Taylor Morrison Home (TMHC) Operating Margin (2012 - 2026)
Taylor Morrison Home's Operating Margin came in at 16.70% for Q1 2026, down 4.17 percentage points from 20.87% a year earlier and down 1.82 percentage points from the prior quarter.
Taylor Morrison Home (TMHC) Operating Margin (2012 - 2026) Analysis & Trends
Over the trailing twelve months to Mar 31, 2026, Taylor Morrison Home reported Operating Margin of 18.82%, down 1.70 percentage points year-over-year; for FY2025, it came in at 19.66%, down 0.78 percentage points from FY2024.
- Operating Margin carries a five-year change of +7.88 percentage points (FY2020 to FY2025).
- Going back by year, Operating Margin was 20.44% in FY2024 (+0.19 pp), 20.26% in FY2023 (-2.20 pp), 22.46% in FY2022 (+10.73 pp) and 11.73% in FY2021 (-0.06 pp).
- The Q1 2026 figure represents the lowest quarterly Operating Margin since Q1 2022.
- Year-over-year, Operating Margin has declined for three consecutive quarters, with an average year-over-year change of -0.84 percentage points over the last eight quarters.
- The fastest year-over-year change in Operating Margin over five years came in Q4 2022 (a gain of 29.66 percentage points), and the weakest in Q4 2023 (a drop of 12.42 percentage points).
- Business Quant data shows TMHC's Operating Margin at 18.52% (Q4 2025), 19.63% (Q3 2025) and 19.74% (Q2 2025) in the three quarters before Q1 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 39.14 Bn | 30.03 Bn | 2.15 Bn | 12.52% |
| 2 | Pultegroup | 22.34 Bn | 15.63 Bn | 1.06 Bn | 16.95% |
| 3 | Lennar | 17.27 Bn | 6.70 Bn | 807.31 Mn | -84.82% |
| 4 | Nvr | 16.72 Bn | 10.01 Bn | 485.14 Mn | 14.38% |
| 5 | Toll Brothers | 12.58 Bn | 7.96 Bn | 625.22 Mn | 13.51% |
| 6 | Taylor Morrison Home | 6.77 Bn | 4.76 Bn | 290.64 Mn | 16.70% |
| 7 | Champion Homes | 4.80 Bn | 2.28 Bn | - | - |
| 8 | Cavco Industries | 4.31 Bn | 3.07 Bn | - | - |
| 9 | Meritage Homes | 4.24 Bn | 1.16 Bn | 513.60 Mn | 16.42% |
| 10 | M | 3.48 Bn | 550.71 Mn | 235.50 Mn | -68.02% |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 16.70% |
| Dec 31, 2025 | 18.52% |
| Sep 30, 2025 | 19.63% |
| Jun 30, 2025 | 19.74% |
| Mar 31, 2025 | 20.87% |
| Dec 31, 2024 | 20.44% |
| Sep 30, 2024 | 21.19% |
| Jun 30, 2024 | 19.56% |
| Mar 31, 2024 | 20.55% |
| Dec 31, 2023 | 20.67% |
| Sep 30, 2023 | 19.26% |
| Jun 30, 2023 | 20.82% |
| Mar 31, 2023 | 20.06% |
| Dec 31, 2022 | 33.09% |
| Sep 30, 2022 | 20.19% |
| Jun 30, 2022 | 18.84% |
| Mar 31, 2022 | 13.85% |
| Dec 31, 2021 | 3.43% |
| Sep 30, 2021 | 17.32% |
| Jun 30, 2021 | 15.05% |
Taylor Morrison Home Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=TMHC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "TMHC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=TMHC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();