Taylor Wimpey has reported an increase in profit, revenue and completions in 2025, but warns that its profit margins may fall further in 2026.
For the financial year, the housebuilder recorded 11,229 completions, including through joint ventures, up from 10,593 in 2024. UK home completions excluding joint ventures reached the midpoint of its guidance range at 10,614, a slight increase from 9,972 the previous year.
The group’s net private reservation rate stayed level with the previous year at 0.75 homes per outlet per week. Excluding bulk deals, the rate stood at 0.65, down from 0.67.
Taylor Wimpey saw its average selling price for private completions rise in this financial year, up to £374,000 from £356,000 in 2024. The housebuilder also ended the year with an increased number of outlets at 2019 (213 in 2024), although its average number of outlets over the year dropped from 216 in 2024 to 208.
The Group said that as a result of higher volumes, average selling prices and land sales, its revenue had risen to c.£3.8billion, up from £3.4billion in 2024. It expects to deliver a Group operating profit of c.£420million, improving on £416.2million the previous year, however its profit margin falling from 12.2% in 2024 to 11%. The housebuilder also warned that the margin is expected to be squeezed further in 2026 as a result of softer pricing on bulk deals, low single digit build cost inflation and a weaker order book.
Jennie Daly, chief executive of Taylor Wimpey, commented: “We delivered a robust performance during 2025 in the context of challenging market conditions, and I’d like to thank our teams for their hard work and resilience.”
“While too early to anticipate the outcome of the spring selling season, we have seen a good level of enquiries and are well positioned to support customers through their buying journeys.”
“The government’s planning reforms have been welcome, and we’ve seen increased momentum in our recent planning permissions. However, while affordability is slowly improving, demand continues to be muted – particularly among the important first time buyer category – which will constrain overall sector output.”
“Against this backdrop, we remain focused on unlocking value and maximising shareholder returns in the medium term.”
