---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-262226"
form_type: "8-K"
ticker: "TMHC"
cik: "0001562476"
company_name: "Taylor Morrison Home Corp"
filed_at: "2023-10-25T23:59:59+00:00"
generated_at: "2026-06-09T10:36:37.850827+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Taylor Morrison Q3 adj. EPS $1.62 beats; raises FY home closings guidance to ~11,250

## Summary
- Net income $171M ($1.54 diluted EPS); adjusted net income $180M ($1.62 adj. EPS).
- Home closings revenue $1.6B on 2,639 closings at avg price $611K; gross margin 23.1% (23.9% adj.).
- Net sales orders up 25% YoY to 2,592; cancellation rate improved to 11.4% from 15.6%.
- Book value per share rose 21% YoY to $46.78; S&P upgraded credit rating to BB+ with stable outlook.
- Raised FY 2023 guidance: home closings ~11,250, adj. gross margin ~23.7%; repurchased 2.2M shares for $100M.

## SEC filing metadata
- accession: 0001193125-23-262226
- form_type: 8-K
- ticker: TMHC
- cik: 0001562476
- company_name: Taylor Morrison Home Corp
- filed_at: 2023-10-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1562476/000119312523262226/0001193125-23-262226-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1562476/000119312523262226/d543237d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-262226
- JSON: https://secwatch.observer/filing/0001193125-23-262226.json
- Plain text: https://secwatch.observer/filing/0001193125-23-262226.txt

## Key facts
- Earnings Releases
  Taylor Morrison Home Corp reported third quarter ended September 30, 2023 results: revenue $1.6 billion, net income $171 million, EPS $1.54 per diluted share. Guidance raised.
  - Period: third quarter ended September 30, 2023
  - Revenue: $1.6 billion
  - Net income: $171 million
  - EPS: $1.54 per diluted share
  - Guidance: raised
  - Result: reported results
  source text: the impact of an inventory impairment and charge related to an extinguishment of debt. Third quarter 2023 highlights included the following: • Home closings revenue of $1.6 billion, driven by 2,639 home closings at an average price of $611,000. • GAAP home closings gross margin of 23.1% and 23.9% excluding an inventory impairment. • Net sales orders of
  evidence_url: https://www.sec.gov/Archives/edgar/data/1562476/000119312523262226/0001193125-23-262226-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.