EarningsQ2 2026 Earnings Report
MX:TWN Q2 2026 EPS Results
Actual EPS$0.57
Consensus EPS$0.41
Beat/MissBeat by +$0.16
One Year Ago EPS$0.73
MX:TWN Q2 2026 Revenue Results
Actual Revenue$38.55B
Expected Revenue$36.37B
Beat/MissBeat by +$2.17B
YoY Revenue Growth+1.72%
Earnings Announcement Details
QuarterQ2 2026
Date07/31/2026
TimeBefore Open
Conference CallFriday, July 31, 2026
MX:TWN Upcoming Earnings
Taylor Wimpey's next earnings date is estimated for March 4, 2027, based on past reporting schedules.
Q2 2026 Earnings Call Audio
No earnings call audio is available for this earnings event.
Q2 2026 Earnings Slide Deck
No slide deck is available for this earnings event.
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Neutral
The call balanced clear operational progress — outlet growth, planning momentum, WIP improvements, disciplined procurement and a resilient balance sheet — against notable near-term headwinds: margin and profit declines, pricing weakness, rising build cost inflation, a reduced shareholder distribution policy and a downgraded completions range. Management emphasized disciplined execution and capital efficiency to preserve value and position the business for a medium-term recovery, but near-term financial metrics remain under pressure.Company Guidance
Revenue and Sales Orders
Group revenue increased to GBP 1.68bn in H1 2026 and the order book at 28 June stood at GBP 1.9bn representing 6,882 homes; private average selling price (ASP) rose (private ASP c. GBP 371,000, up from GBP 350,000 year-on-year) and blended U.K. ASP excluding JVs increased 6.7% to GBP 334,000.
Balance Sheet Resilience & Cash Generation
Tangible NAV per share broadly unchanged at 117p and return on net operating assets stable at c.10% (LTM). The group generated GBP 130m cash from adjusted operating profit, GBP 52m cash from operations in H1 and closed the period with net cash of GBP 169m (started year at GBP 343m) with net cash now expected to improve to ~GBP 250m by year-end (assuming c. GBP 100m cladding outflows).
Outlet and Planning Momentum
Average outlets increased (operating from an average of 219 outlets) with 39 new outlet openings in H1 (vs 32 prior year); the business has c.32,000 plots in planning, converted ~3,000 strategic plots in H1 (vs ~1,000 prior year) and 11,000 plots targeted for planning submissions during remainder of 2026; all land required for 2027 is already owned (over 97% with detailed planning permission).
Work-in-Progress (WIP) and Capital Efficiency Improvements
WIP per outlet down 6% year-on-year and WIP per outlet reported at GBP 9.3m, with management targeting c. GBP 8m per site medium-term; land net reduction of GBP 169m over 12 months and continued recycling of capital from London apartment/infrastructure-intensive schemes.
Operational Discipline & Procurement Actions
Company implemented targeted procurement initiatives (retenders, rebates, e-auctions), surcharge model for energy costs, value improvement program and site-level efficiency actions (e.g., material reuse, supplier rationalization) to mitigate build cost pressure and protect margins.
Affordability & Sales Quality Focus
Net private sales rate was 0.75 per outlet per week (c.5% lower than 0.79 prior year) but management is focusing on higher-quality leads, website appointments up 13% per outlet year-on-year and cancellation rate reduced to 14%, showing improved conversion discipline.
MX:TWN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed