F
Taylor Morrison Home Corporatio — Earnings Quality Grade F
TMHC · Consumer Cyclical
Major red flags
Revenue
$8.1B
2025
Net Income
$783M
2025
Gross Margin
23.0%
Free Cash Flow
$777M
01
Screening Summary
12
Passed
0
Watch
1
Failed
—
M-Score
管理层信号
最近 SEC 8-K 文件中未发现 CEO、CFO、董事会或审计负责人变动信号。
02
Financial Trends
Revenue & Net Income ($B)
Margins (%)
03
18-Point Screening
01
Revenue Quality
—
A1DSO Change
Insufficient data
—
A2AR vs Revenue Growth
Insufficient data
✓
A3Revenue vs CFFO
Revenue -0.6%, CFFO 289.1%. Cash follows revenue
02
Expense Quality
✓
B1Inventory vs COGS
Inventory -1.5% vs COGS 1.1%. Normal
✓
B2CapEx vs Revenue
CapEx growth 11.1% vs revenue -0.6%. Normal
✓
B3SG&A Ratio
SG&A/Gross Profit = 39.3%. Normal
✓
B4Gross Margin
Gross margin 23.0%, change -1.3pp. Stable
03
Cash Flow Quality
✓
C1CFFO vs Net Income
CFFO/NI = 1.04. Profits backed by cash
✓
C2Free Cash Flow
FCF $0.8B, FCF/NI = 0.99
✓
C3Accruals Ratio
Accruals ratio = -0.4%. Low accruals
✗
C4Cash vs Debt
Cash $0.9B covers only 36% of debt $2.4B
04
Balance Sheet Health
✓
D1Goodwill + Intangibles
Goodwill+Intangibles $0.7B = 11% of equity. Manageable
✓
D2Leverage
Debt/EBITDA = 2.0x. Healthy
—
D3Soft Asset Growth
Insufficient data
—
D4Asset Impairment
No write-off data
05
Acquisition Risk
✓
E1Serial Acquirer FCF
FCF after acquisitions positive
✓
E2Goodwill Surge
Goodwill+Intangibles change 0% YoY. Normal
06
Manipulation Score
—
F1Beneish M-Score
Insufficient data
05
Altman Z-Score
9.18
Safe Zone0 Distress1.102.605.0+ Safe
0.7338
Liquidity
0.5262
Cumulative profit
0.1154
Operating efficiency
1.7836
Leverage
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-25