Taylor Morrison Home Corporation (NYSE:TMHC) Q1 2024 Earnings Conference Call April 30, 2024 8:30 AM ET Company Participants Mackenzie Aron - Vice President of Investor Relations Sheryl Palmer - Chairman and CEO Curt VanHyfte - CFO Erik Heuser - Chief Corporate Operations Officer Conference Call Participants Michael Dahl - RBC Capital Markets Matthew Bouley - Barclays Carl Reichardt - BTIG Alan Ratner - Zelman & Associates Ken Zenner - Seaport Research Partners Jay McCanless - Wedbush Alex Barron - Housing ...

40% Average Debt-to-Income Ratio 44% First-Time Homebuyers(1) 9 Note: (1) Defined per mortgage disclosures as buyers who have not owned a home in the prior three years. Disciplined land investment supported by strong lot portfolio Homebuilding Lot Supply 51% 53% 53% 49% 47% 47% 74,787 72,362 74,182 Q4 2022 Q4 2023 Q1 2024 Owned Controlled Q1 2024 Highlights • Disciplined land investment strategy focuses on prime land locations in core submarkets • 74,182 owned and controlled homebuilding lots • 53% of lots ...

Exhibit 99.1 CONTACT: Mackenzie Aron, VP Investor Relations (480) 734-2060 investor@taylormorrison.com Taylor Morrison Reports First Quarter 2024 Results SCOTTSDALE, Ariz., Apr. 30, 2024—Taylor Morrison Home Corporation (NYSE: TMHC), a leading national land developer and homebuilder, announced results for the first quarter ended March 31, 2024. Reported net income in the first quarter was $190 million, or $1.75 per diluted share, as compared to $191 million, or $1.74 per diluted share, in the first quarter ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from_________to_________. Commission File No. 001-35873 TAYLOR MORRISON HOME CORPORATION (Exact name of registrant as specified in its charter) (State or other jurisdiction of inc ...

Investor Presentation Fourth Quarter and Full Year 2023 At a Glance | --- | --- | --- | --- | |--------------------------------------------------|----------------------------|-------|--------------------| | | | | | | as of the fourth quarter 2023 | | | in 2023 | | 72,362 | $607,000 | | $7.4 billion | | homebuilding lots owned & controlled | average home closing price | | total revenue | | 6.3 years | 24.1% | | 11,495 | | total homebuilding lot supply (3.0 years owned) | home closings gross margin | | home c ...

Financial Data and Key Metrics Changes - In Q4 2023, the company delivered 11,495 homes, generating $7.2 billion in homebuilding revenue with an adjusted gross margin of 24% [14] - Adjusted earnings per diluted share were $7.54, with book value per share increasing by 15% year-over-year to $49 [14] - The company reported a net income of $223 million or $2.05 per diluted share for Q4, with a reported net income of $173 million or $1.58 per diluted share [57] Business Line Data and Key Metrics Changes - Net sales orders increased by 30% year-over-year in Q4, with a strong acceleration in December [27] - The entry-level segment accounted for 34% of net sales orders, while the move-up category represented 42% and resort lifestyle 24% [37] - The average closing price for homes in Q4 was $607,000, reflecting a shift towards more affordable products [62] Market Data and Key Metrics Changes - The company experienced a 29% increase in monthly absorption pace to 2.4 homes per community [65] - Cancellation rates decreased to 11.6% of gross orders, down from 24.4% a year ago, indicating strong demand [66] - The average credit score of buyers financed by the company was 751, with an average household income of nearly $180,000 [39] Company Strategy and Development Direction - The company aims to reaccelerate growth with a target of at least 12,000 home closings in 2024 and approximately 10% growth in 2025 [18] - A $1.8 billion land investment in 2023 supports growth aspirations, with planned land spending of $2.3 billion to $2.5 billion in 2024 [19] - The strategic shift towards larger self-developed communities is expected to enhance margins and improve long-term planning visibility [22] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in navigating headwinds from rising interest rates and economic uncertainty, citing operational efficiency and a strong land portfolio [15][18] - The company anticipates continued modest pricing opportunities and a reduction in incentives as the market stabilizes [109] - Management highlighted the importance of diversification across buyer groups to mitigate risks and enhance growth potential [17] Other Important Information - The company generated $827 million in cash flow from operations in 2023, ending the year with approximately $1.8 billion in liquidity [70] - The net debt to capitalization ratio improved to 16.8%, down from 24% a year ago, reflecting a strong balance sheet [71] - The company has repurchased approximately $889 million in shares since 2020, reducing the diluted share count by over 30% [73] Q&A Session Questions and Answers Question: Can you elaborate on your gross margin guidance for Q1? - Management indicated that the guidance reflects a slight pullback in incentives, offset by operational efficiencies and cost management strategies [88] Question: How does the company view M&A opportunities in the current environment? - Management is focused on organic growth but remains open to strategic acquisitions that provide geographic or product benefits [90] Question: What is the reasoning behind the expected average selling price of $600,000 for 2024? - The expected price reflects a shift towards more affordable products, particularly in the entry-level segment, compared to the higher ASP in the backlog [92] Question: Can you discuss the company's land banking strategy and its cost? - Management noted that land banking remains an important option, with current costs being higher than previous deals, but expected to normalize [101][104] Question: What is the status of the Yardly single-family rental recognition? - Management stated that they are being prudent in bringing projects to market, with several deals in the pipeline for potential closure this year [132]

☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR Commission File Number: 001-35873 TAYLOR MORRISON HOME CORPORATION (Exact name of registrant as specified in its Charter) (State or o ...

Investor Presentation Third Quarter 2023 At a Glance as of the third quarter 2023 year to date 2023 | --- | --- | --- | |--------------------------------------------------|----------------------------|--------------------| | | | | | 74,000 | $611,000 | $5.2 billion | | homebuilding lots owned & controlled | average home closing price | total revenue | | 6.1 years | 18.2% | 8,305 | | total homebuilding lot supply (3.5 years owned) | return on equity | home closings | | 325 | $1.6 billion | 2.9 | | active sel ...

Taylor Morrison Home Corporation (NYSE:TMHC) Q3 2023 Earnings Conference Call October 25, 2023 8:30 AM ET Company Participants Mackenzie Aron - Vice President, Investor Relations Sheryl Palmer - Chairman and CEO Curt VanHyfte - Chief Financial Officer Erik Heuser - Chief Corporate Operations Officer Conference Call Participants Carl Reichardt - BTIG Paul Przybylski - Wolfe Research Anika Dholakia - Barclays Doug Wardlaw - JPMorgan Alan Ratner - Zelman & Associates Ken Zener - Seaport Research Jay McCanless ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-35873 TAYLOR MORRISON HOME CORPORATION (Exact name of registrant as specified in its Charter) (State or other ...