Taylor Morrison Home — Feb 12, 2025 release

Business Outlook First Quarter 2025     •   Home closings are expected to be approximately 2,900     •   Average closing price is expected to be between $590,000 to $600,000     •   Home closings gross margin is expected to be in the high-23% range     •   Ending active community count is expected to be between 340 to 345     •   Effective tax rate is expected to be approximately 24%     •   Diluted share count is expected to be approximately 104 million Full Year 2025     •   Home closings are expected to be between 13,500 to 14,000     •   Average closing price is expected to be between $590,000 to $600,000     •   Home closings gross margin is expected to be between 23% to 24%     •   Ending active community count is expected to be at least 355     •   SG&A as a percentage of home closings revenue is expected to be in the mid-9% range     •   Effective tax rate is expected to be between 24.5% to 25%     •   Diluted share count is expected to be approximately 102 million     •   Homebuilding land acquisition and development investment is expected to be around $2.6 billion     •   Share repurchases are expected to be in the range of $300 million to $350 million Quarterly Financial Comparison   (Dollars in thousands)    Q4 2024     Q4 2023     Q4 2024 vs. Q4 2023   Total Revenue    $ 2,356,489     $ 2,019,865       16.7 %  Home Closings Revenue    $ 2,169,703     $ 1,937,632       12.0 %  Home Closings Gross Margin    $ 537,700     $ 466,980       15.1 %       24.8 %      24.1 %      70 bps increase   Adjusted Home Closings Gross Margin    $ 540,411     $ 466,980       15.7 %       24.9 %      24.1 %      80 bps increase   SG&A    $ 204,258     $ 188,212       8.5 %  % of Home Closings Reven