For the year ending 2025-12-31, TMHC had $364,065K increase in cash & cash equivalents over the period. $776,973K in free cash flow.
| Cash Flow | 2025-12-31 |
|---|---|
| Net income before allocation to non-controlling interests | 791,263 |
| Net income from unconsolidated entities | 4,867 |
| Stock compensation expense | 29,049 |
| Loss on extinguishment of debt, net | -13,324 |
| Distributions of earnings from unconsolidated entities | 12,789 |
| Depreciation and amortization | 40,182 |
| Lease expense | 17,641 |
| Debt issuance costs amortization | 2,732 |
| Estimated development liability change in estimate | 0 |
| Deferred income taxes | 1,885 |
| Real estate impairment charges | 28,821 |
| Change in build-to-rent/urban form assets due to sale | -67,247 |
| Real estate inventory and land deposits | -26,578 |
| Mortgage loans held for sale, prepaid expenses and other assets, net | 183,070 |
| Customer deposits | -114,122 |
| Accounts payable, accrued expenses and other liabilities | 81,990 |
| Income taxes payable | 5,903 |
| Net cash provided by operating activities | 817,345 |
| Purchase of property and equipment | 40,372 |
| Distributions of capital from unconsolidated entities | 30,401 |
| Investments of capital into unconsolidated entities | 85,578 |
| Purchase of fixed-maturity securities | 55,738 |
| Proceeds from sale and maturities of fixed-maturity securities | 1,385 |
| Purchase of equity securities | 4,870 |
| Net cash used in investing activities | -154,772 |
| Increase in loans payable and other borrowings | 198,640 |
| Repayments on loans payable and other borrowings | 1,250 |
| Borrowings on revolving credit facilities | 240,000 |
| Repayments on revolving credit facilities | 240,000 |
| Borrowings on mortgage warehouse facilities | 3,466,875 |
| Repayments on mortgage warehouse facilities | 3,558,730 |
| Proceeds from issuance of senior notes | 525,000 |
| Repayments on senior notes | 527,070 |
| Payment of deferred financing costs | 15,621 |
| Changes in stock option exercises and issuance of restricted stock, net | -493 |
| Payment of principal portion of finance lease | 1,385 |
| Repurchase of common stock, net | 381,016 |
| Cash and distributions to non-controlling interests of consolidated joint ventures, net | 3,458 |
| Net cash used in financing activities | -298,508 |
| Net increase/(decrease) in cash and cash equivalents and restricted cash | 364,065 |
| Cash and cash equivalents at beginning of period | 487,166 |
| Cash and cash equivalents at end of period | 851,231 |
Taylor Morrison Home Corp (TMHC)
Taylor Morrison Home Corp (TMHC)