Aarin Chiekrie, equity analyst at Hargreaves Lansdown, said: “Taylor Wimpey delivered a solid set of full-year results, with most key figures heading in the right direction.
“Revenue jumped around 12 per cent higher over the year, helped by an uplift in completions as well as good growth in average selling prices.
“That comes despite a pullback in momentum since the half-year mark, where many buyers had understandably held off signing on the dotted line for a new home, waiting for more details about potential tax changes from the UK Budget back in November.
“With that cloud of uncertainty now cleared, Taylor Wimpey is seeing enquiries return to a similar level as the prior year, so the Spring selling season’s shaping up well.
“With a pressing need for new homes in the UK, the long-term demand outlook remains favourable.
“Taylor Wimpey’s got a significant land bank to lean on as and when demand really does pick up.
“The only hiccup in today’s results was the outlook for 2026, where the company expects profit margins to be lower than the prior year.
“Lower pricing on its bulk deals is largely to blame, alongside low single-digit build-cost inflation.
“As a result, performance is likely to be more heavily weighted towards the second half than usual.
“While that’s not what investors were hoping for, the balance sheet remains in a great place, arguably one of the strongest in the sector.
“There’s also a very attractive prospective dividend yield of 8.7 per cent on offer to investors willing to back this horse.
“But as with all housebuilders, fortunes will wax and wane in line with the health of the broader economy and government policy.”
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