Taylor Morrison Home — Jul 23, 2025 release

Business Outlook Third Quarter 2025     •   Home closings are expected to be between 3,200 to 3,300     •   Average closing price is expected to be approximately $600,000     •   GAAP home closings gross margin is expected to be approximately 22%     •   Ending active community count is expected to be between 340 to 345     •   Effective tax rate is expected to be approximately 25%     •   Diluted share count is expected to be approximately 100 million Full Year 2025     •   Home closings are expected to be between 13,000 to 13,500     •   Average closing price is now expected to be between $595,000 to $600,000     •   GAAP home closings gross margin including impairment and certain warranty charges is now expected to be approximately 22.5%     •   Adjusted home closings gross margin excluding impairment and certain warranty charges is expected to be approximately 23%*     •   Ending active community count is now expected to be approximately 350     •   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 25.0%     •   Diluted share count is expected to be approximately 101 million     •   Homebuilding land acquisition and development investment is expected to be around $2.4 billion     •   Share repurchases are now expected to be at least $350 million   * Adjusted home closings gross margin excludes inventory i