Taylor Morrison Home — Oct 22, 2025 release

Business Outlook Fourth Quarter 2025     •   Ending active community count is expected to be approximately 345     •   Home closings are expected to be between 3,100 to 3,300     •   Average closing price is expected to be approximately $590,000     •   GAAP home closings gross margin is expected to be approximately 21.5%     •   Effective tax rate is expected to be approximately 25%     •   Diluted share count is expected to be approximately 99 million Full Year 2025     •   Home closings are now expected to be between 12,800 to 13,000     •   Average closing price is now expected to be approximately $595,000     •   GAAP home closings gross margin including impairment and certain warranty charges is 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 345     •   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 101 million     •   Homebuilding land acquisition and development investment is now expected to be approximately $2.3 billion     •   Share repurchases are expected to be at least $350 million * Adjusted home closings gross margin excludes inventory impairment and certain warranty charges realized year to date and assumes no additional inventory impairment or warranty charges for the remainder of the year. Adjusted home closings gross margin is a non-GAAP financial measure. A reconciliation of our forward-looking adjusted home closings gross margin to the most directly comparable GAAP financial measure cannot be provided without unreasonable effort because of the inherent difficulty of accurately forecasting the occurrence and financial impact of the adjusting items necessary for such reconciliation that have not yet occurred, are out of our control, or cannot be reasonably predicted. Quarterly Financial Comparison   (Dollars in thousands)    Q3 2025     Q3 2024     Q3 2025 vs. Q3 2024   Total Revenue    $ 2,095,751     $ 2,120,842       (1.2 %)  Home Closings Revenue, net    $ 2,000,909     $ 2,029,134       (1.4 %)  Home Closings Gross Margin    $ 442,672     $ 503,309       (12.0 %)       22.1