OPERATING AND REPORTING SEGMENTS (Tables)

9 Months Ended

Sep. 30, 2025

Segment Reporting [Abstract]

Schedule of Reporting Segments

Our reporting segments are as follows:

East	Atlanta, Charlotte, Jacksonville, Naples, Orlando, Raleigh, Sarasota, and Tampa
Central	Austin, Dallas, Denver, Houston, and Indianapolis
West	Bay Area, Las Vegas, Pacific Northwest, Phoenix, Sacramento, and Southern California
Financial Services	Taylor Morrison Home Funding, Inspired Title, and Taylor Morrison Insurance Services

Schedule of Segment Information

The segment information is consistent with the metrics reviewed by the CODM and is as follows (in thousands):

	Three Months Ended September 30, 2025
	East		Central		West		Financial Services		Operating and Reporting Segment Subtotal		Corporate and Unallocated(1)		Total
Home closings revenue, net	$	740,346	$	382,899	$	877,664	$	—	$	2,000,909	$	—	$	2,000,909
All other revenue	5,065		5,733		633		55,918		67,349		27,493		94,842
Total revenue	745,411		388,632		878,297		55,918		2,068,258		27,493		2,095,751
Cost of home closings	573,641		300,499		684,097		—		1,558,237		—		1,558,237
All other cost of sales	5,539		2,154		872		26,570		35,135		25,758		60,893
Total cost of revenue	579,180		302,653		684,969		26,570		1,593,372		25,758		1,619,130
Home closings gross margin	166,705		82,400		193,567		—		442,672		—		442,672
Total gross margin	166,231		85,979		193,328		29,348		474,886		1,735		476,621
Sales, commissions and other marketing costs(2)	(45,736)		(27,330)		(39,818)		—		(112,884)		(2,542)		(115,426)
General and administrative expenses	(12,241)		(7,772)		(11,117)		—		(31,130)		(34,145)		(65,275)
Net (loss)/income from unconsolidated entities	—		(15)		(34)		2,740		2,691		(1,438)		1,253
Interest and other (expense)/income, net(3)	(2,054)		(3,006)		(14,407)		371		(19,096)		(5,682)		(24,778)
Income before income taxes	$	106,200	$	47,856	$	127,952	$	32,459	$	314,467	$	(42,072)	$	272,395

(1) Includes the activity from our Build-To-Rent and Urban Form operations.

(2) Includes corporate marketing expense allocations.

(3) Interest and other (expense)/income, net includes pre-acquisition write-offs of terminated projects.

	Three Months Ended September 30, 2024
	East		Central		West		Financial Services		Operating and Reporting Segment Subtotal		Corporate and Unallocated(1)		Total
Home closings revenue, net	$	758,179	$	515,643	$	755,312	$	—	$	2,029,134	$	—	$	2,029,134
All other revenue	8,642		1,775		26,314		49,654		86,385		5,323		91,708
Total revenue	766,821		517,418		781,626		49,654		2,115,519		5,323		2,120,842
Cost of home closings	551,542		388,565		585,718		—		1,525,825		—		1,525,825
All other cost of sales	5,629		1,206		26,256		27,304		60,395		3,553		63,948
Total cost of revenue	557,171		389,771		611,974		27,304		1,586,220		3,553		1,589,773
Home closings gross margin	206,637		127,078		169,594		—		503,309		—		503,309
Total gross margin	209,650		127,647		169,652		22,350		529,299		1,770		531,069
Sales, commissions and other marketing costs(2)	(44,307)		(34,477)		(36,753)		—		(115,537)		(2,177)		(117,714)
General and administrative expenses	(11,953)		(10,711)		(11,562)		—		(34,226)		(47,401)		(81,627)
Net income/(loss) from unconsolidated entities	—		38		(4)		1,337		1,371		(664)		707
Interest and other income/(expense), net(3)	6,092		(2,436)		(2,323)		438		1,771		(1,515)		256
Income before income taxes	$	159,482	$	80,061	$	119,010	$	24,125	$	382,678	$	(49,987)	$	332,691

(1) Includes the activity from our Build-To-Rent and Urban Form operations.

(2) Includes corporate marketing expense allocations.

(3) Interest and other income/(expense), net includes pre-acquisition write-offs on terminated projects.

	Nine Months Ended September 30, 2025
	East		Central		West		Financial Services		Operating and Reporting Segment Subtotal		Corporate and Unallocated(1)		Total
Home closings revenue, net	$	2,061,257	$	1,342,179	$	2,393,641	$	—	$	5,797,077	$	—	$	5,797,077
All other revenue	16,561		9,875		1,958		160,040		188,434		36,329		224,763
Total revenue	2,077,818		1,352,054		2,395,599		160,040		5,985,511		36,329		6,021,840
Cost of home closings	1,588,326		1,038,225		1,849,946		—		4,476,497		—		4,476,497
All other cost of sales	17,744		5,310		2,286		80,767		106,107		31,853		137,960
Total cost of revenue	1,606,070		1,043,535		1,852,232		80,767		4,582,604		31,853		4,614,457
Home closings gross margin	472,931		303,954		543,695		—		1,320,580		—		1,320,580
Total gross margin	471,748		308,519		543,367		79,273		1,402,907		4,476		1,407,383
Sales, commissions and other marketing costs(2)	(129,928)		(89,994)		(113,435)		—		(333,357)		(7,534)		(340,891)
General and administrative expenses	(37,852)		(23,769)		(34,466)		—		(96,087)		(103,391)		(199,478)
Net income/(loss) from unconsolidated entities	—		102		(2,623)		9,865		7,344		(3,790)		3,554
Interest and other (expense)/income, net(3)	(10,398)		(11,087)		(29,151)		1,029		(49,607)		(6,734)		(56,341)
Income before income taxes	$	293,570	$	183,771	$	363,692	$	90,167	$	931,200	$	(116,973)	$	814,227

(1) Includes the activity from our Build-To-Rent and Urban Form operations.

(2) Includes corporate marketing expense allocations.

(3) Interest and other (expense)/income, net includes pre-acquisition write-offs on terminated projects.

	Nine Months Ended September 30, 2024
	East		Central		West		Financial Services		Operating and Reporting Segment Subtotal		Corporate and Unallocated(1)		Total
Home closings revenue, net	$	1,991,038	$	1,468,197	$	2,126,281	$	—	$	5,585,516	$	—	$	5,585,516
All other revenue	17,724		21,116		27,250		145,529		211,619		14,512		226,131
Total revenue	2,008,762		1,489,313		2,153,531		145,529		5,797,135		14,512		5,811,647
Cost of home closings	1,458,270		1,096,603		1,676,867		—		4,231,740		—		4,231,740
All other cost of sales	16,802		18,204		34,014		80,553		149,573		10,132		159,705
Total cost of revenue	1,475,072		1,114,807		1,710,881		80,553		4,381,313		10,132		4,391,445
Home closings gross margin	532,768		371,594		449,414		—		1,353,776		—		1,353,776
Total gross margin	533,690		374,506		442,650		64,976		1,415,822		4,380		1,420,202
Sales, commissions and other marketing costs(2)	(121,079)		(99,369)		(107,971)		—		(328,419)		(5,851)		(334,270)
General and administrative expenses	(34,444)		(25,177)		(33,159)		—		(92,780)		(139,190)		(231,970)
Net (loss)/income from unconsolidated entities	—		(31)		49		7,235		7,253		(1,167)		6,086
Interest and other income/(expense), net(3)	4,705		(7,712)		(8,950)		1,772		(10,185)		(1,075)		(11,260)
Income before income taxes	$	382,872	$	242,217	$	292,619	$	73,983	$	991,691	$	(142,903)	$	848,788

(1) Includes the activity from our Build-To-Rent and Urban Form operations.

(2) Includes corporate marketing expense allocations.

(3) Interest and other income/(expense), net includes pre-acquisition write-offs on terminated projects.

Schedule of Assets by Segment

	As of September 30, 2025
	East		Central		West		Financial Services		Operating and Reporting Segment Subtotal		Corporate and Unallocated(1)		Total
Real estate inventory and land deposits	$	2,496,754	$	1,260,452	$	3,006,511	$	—	$	6,763,717	$	—	$	6,763,717
Investments in unconsolidated entities	97,378		209,373		77,050		5,483		389,284		98,573		487,857
Other assets	208,802		238,936		617,003		285,018		1,349,759		1,026,227		2,375,986
Total assets	$	2,802,934	$	1,708,761	$	3,700,564	$	290,501	$	8,502,760	$	1,124,800	$	9,627,560

(1) Includes the assets from our Build-To-Rent and Urban Form operations.

	As of December 31, 2024
	East		Central		West		Financial Services		Operating and Reporting Segment Subtotal		Corporate and Unallocated(1)		Total
Real estate inventory and land deposits	$	2,389,791	$	1,296,272	$	2,847,689	$	—	$	6,533,752	$	—	$	6,533,752
Investments in unconsolidated entities	86,378		164,434		94,864		5,483		351,159		88,562		439,721
Other assets	173,489		225,846		610,212		297,107		1,306,654		1,017,004		2,323,658
Total assets	$	2,649,658	$	1,686,552	$	3,552,765	$	302,590	$	8,191,565	$	1,105,566	$	9,297,131

(1) Includes the assets from our Build-To-Rent and Urban Form operations.