Taylor Morn Home (TMHC) - Net Assets
Based on the latest financial reports, Taylor Morn Home (TMHC) has net assets worth $6.31 Billion USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($9.84 Billion) and total liabilities ($3.53 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Taylor Morn Home (TMHC) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $6.31 Billion |
| % of Total Assets | 64.13% |
| Annual Growth Rate | 17.91% |
| 5-Year Change | 58.88% |
| 10-Year Change | 192.07% |
| Growth Volatility | 22.16 |
Taylor Morn Home - Net Assets Trend (2011–2025)
This chart illustrates how Taylor Morn Home's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Taylor Morn Home for the complete picture of this company's asset base.
Annual Net Assets for Taylor Morn Home (2011–2025)
The table below shows the annual net assets of Taylor Morn Home from 2011 to 2025. For live valuation and market cap data, see Taylor Morn Home market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $6.31 Billion | +7.33% |
| 2024-12-31 | $5.88 Billion | +10.24% |
| 2023-12-31 | $5.33 Billion | +14.75% |
| 2022-12-31 | $4.65 Billion | +17.02% |
| 2021-12-31 | $3.97 Billion | +10.50% |
| 2020-12-31 | $3.59 Billion | +41.17% |
| 2019-12-31 | $2.55 Billion | +5.25% |
| 2018-12-31 | $2.42 Billion | +3.08% |
| 2017-12-31 | $2.35 Billion | +8.63% |
| 2016-12-31 | $2.16 Billion | +9.51% |
| 2015-12-31 | $1.97 Billion | +11.00% |
| 2014-12-31 | $1.78 Billion | +15.03% |
| 2013-12-31 | $1.54 Billion | +28.25% |
| 2012-12-31 | $1.20 Billion | +91.64% |
| 2011-12-31 | $628.57 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Taylor Morn Home's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 697.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $5.18 Billion | 82.04% |
| Common Stock | $6.31 Billion | 100.00% |
| Total Equity | $6.31 Billion | 100.00% |
Taylor Morn Home Competitors by Market Cap
The table below lists competitors of Taylor Morn Home ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Open Text Corp
NASDAQ:OTEX
|
$5.81 Billion |
|
Hanwha Solutions
KO:009830
|
$5.82 Billion |
|
OUTSURANCE GROUP LTD
JSE:OUT
|
$5.82 Billion |
|
Ningbo Joyson Electronic Corp
SHG:600699
|
$5.82 Billion |
|
Topicus.com Inc
V:TOI
|
$5.81 Billion |
|
thyssenkrupp AG
F:TKA1
|
$5.80 Billion |
|
Essent Group Ltd
NYSE:ESNT
|
$5.80 Billion |
|
MEIJI HLD.UN.ADR 1/4 O.N.
F:3M00
|
$5.80 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Taylor Morn Home's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 5,866,535,000 to 6,309,289,000, a change of 442,754,000 (7.5%).
- Net income of 782,500,000 contributed positively to equity growth.
- Share repurchases of 381,016,000 reduced equity.
- Other comprehensive income decreased equity by 2,509,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $782.50 Million | +12.4% |
| Share Repurchases | $381.02 Million | -6.04% |
| Other Comprehensive Income | $-2.51 Million | -0.04% |
| Other Changes | $43.78 Million | +0.69% |
| Total Change | $- | 7.55% |
Book Value vs Market Value Analysis
This analysis compares Taylor Morn Home's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.96x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 70.54x to 0.96x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | $0.86 | $60.39 | x |
| 2012-12-31 | $9.78 | $60.39 | x |
| 2013-12-31 | $12.63 | $60.39 | x |
| 2014-12-31 | $3.91 | $60.39 | x |
| 2015-12-31 | $4.25 | $60.39 | x |
| 2016-12-31 | $17.88 | $60.39 | x |
| 2017-12-31 | $19.41 | $60.39 | x |
| 2018-12-31 | $20.98 | $60.39 | x |
| 2019-12-31 | $23.51 | $60.39 | x |
| 2020-12-31 | $27.13 | $60.39 | x |
| 2021-12-31 | $30.67 | $60.39 | x |
| 2022-12-31 | $39.84 | $60.39 | x |
| 2023-12-31 | $48.25 | $60.39 | x |
| 2024-12-31 | $55.30 | $60.39 | x |
| 2025-12-31 | $62.65 | $60.39 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Taylor Morn Home utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 12.40%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.63%
- • Asset Turnover: 0.83x
- • Equity Multiplier: 1.56x
- Recent ROE (12.40%) is below the historical average (12.70%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 11.55% | 5.22% | 0.82x | 2.70x | $9.57 Million |
| 2012 | 36.00% | 41.38% | 0.38x | 2.29x | $311.15 Million |
| 2013 | 2.94% | 2.37% | 0.56x | 2.23x | $-109.07 Million |
| 2014 | 14.94% | 2.64% | 0.66x | 8.64x | $23.63 Million |
| 2015 | 11.74% | 2.05% | 0.72x | 7.93x | $9.06 Million |
| 2016 | 2.44% | 1.48% | 0.84x | 1.95x | $-163.40 Million |
| 2017 | 3.89% | 2.35% | 0.90x | 1.84x | $-143.43 Million |
| 2018 | 8.54% | 4.88% | 0.80x | 2.18x | $-35.16 Million |
| 2019 | 10.00% | 5.35% | 0.91x | 2.06x | $80.80K |
| 2020 | 6.95% | 3.97% | 0.79x | 2.21x | $-107.02 Million |
| 2021 | 16.89% | 8.84% | 0.86x | 2.22x | $270.44 Million |
| 2022 | 22.74% | 12.80% | 0.97x | 1.83x | $589.77 Million |
| 2023 | 14.47% | 10.37% | 0.86x | 1.63x | $237.43 Million |
| 2024 | 15.06% | 10.81% | 0.88x | 1.58x | $296.66 Million |
| 2025 | 12.40% | 9.63% | 0.83x | 1.56x | $151.57 Million |
Industry Comparison
This section compares Taylor Morn Home's net assets metrics with peer companies in the Residential Construction industry.
Industry Context
- Industry: Residential Construction
- Average net assets among peers: $911,849,300
- Average return on equity (ROE) among peers: 13.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Taylor Morn Home (TMHC) | $6.31 Billion | 11.55% | 0.56x | $5.81 Billion |
| Beazer Homes USA Inc (BZH) | $1.23 Billion | 11.38% | 1.10x | $608.73 Million |
| Cavco Industries Inc (CVCO) | $254.88 Million | 5.98% | 0.72x | $3.96 Billion |
| Dream Finders Homes Inc (DFH) | $1.09 Billion | 27.24% | 1.36x | $520.11 Million |
| DR Horton Inc (DHI) | $802.39 Million | 19.92% | 1.94x | $43.57 Billion |
| Green Brick Partners Inc (GRBK) | $77.89 Million | -17.50% | 3.45x | $2.89 Billion |
| Hovnanian Enterprises Inc (HOV) | $1.97 Billion | 23.92% | 1.39x | $569.25 Million |
| Installed Building Products Inc (IBP) | $91.87 Million | 15.16% | 1.55x | $7.83 Billion |
| KB Home (KBH) | $2.18 Billion | 22.03% | 1.67x | $3.25 Billion |
| Legacy Housing Corp (LEGH) | $189.28 Million | 11.37% | 0.24x | $513.63 Million |
| Lennar Corporation (LEN) | $1.23 Billion | 18.65% | 2.08x | $19.08 Billion |
About Taylor Morn Home
Taylor Morrison Home Corporation, together with its subsidiaries, operates as a homebuilder and land developer in the United States. It designs, builds, and sells single, and multifamily detached and attached homes in markets for entry-level, move-up, and resort lifestyle buyers under the Taylor Morrison and Esplanade brand names; and develops lifestyle and master-planned communities with single,… Read more