Revenue (£m)
(2015: 3,139.8)
Operating profit* (£m)
(2015: 637.0)
Profit before tax and exceptional items (£m)
(2015: 603.8)
Profit for the year (£m)
(2015: 489.8)
Basic earnings per
share (p)
(2015: 15.1)
Ordinary dividend per
share †† (p)
(2015: 1.67)
Tangible net asset value per share(p)
(2015: 83.5)
Return on net operating assets** (%)
(2015: 27.1)
Year end net cash (£m)
(2015: 223.3)


Working together, we have delivered a strong operational and financial performance in 2016, with continued growth in profitability, building 14,112 new homes across the Group, including Spain (excluding joint ventures).
2016 was a record year for Taylor Wimpey and our aim for 2017 and beyond is to ensure we provide our shareholders with sustainable levels of returns across the cycle.
Chief Executive

Our Vision

Working together to build your dreams.

Our Mission

To create great places to live and deliver excellent service which inspires and delights our customers, our people and our shareholders.

Our values

Be respectful, fair and deliver together

  • Communicate well and collaborate
  • Encourage and embrace diversity
  • Set clear professional standards
  • Develop good relations and behave with integrity

Continuously improve and innovate

  • Be future-focused and drive change
  • Find solutions and don’t accept second best
  • Make informed decisions
  • Be well planned and organised

Build a proud legacy

  • Never compromise on safety
  • Be passionate about customers
  • Deliver right first time and keep promises
  • Commit to a sustainable future

Our stakeholders

Buy a home from...

Regardless of the role that any Taylor Wimpey employee fulfils in the business, we all contribute to the final result for our customers. We have made great strides in our customer service approach. However, there are things that we can and must do better. Across our business operations, we want our employees to adopt our customer-centric culture and to understand the important role they play with our customers.

Customer satisfaction

Partner with...

We work in partnership with a wide range of companies, organisations and individuals and aim to be the partner of choice. Our partners can be divided into three groups: Landowners – who we buy land from or develop land with; Delivery partners – who we work with to manage our land and deliver our developments; Our supply chain – who provide the materials we use and the subcontractors who work on our building sites.

Owned and controlled plots with planning

Engage with...

We are committed to working with local people and stakeholders throughout the planning process and we engage with local communities on every development. We aim to be the industry leader in all aspects of planning and to secure the right planning consents that enable us to respond to a changing market, reflect the desires of our customer base and deliver the quality homes we want to build, whilst meeting our financial objectives.

Contribution to local communities via planning obligation

Work for...

Our employees are one of our greatest competitive advantages, crucial to executing our strategy and driving our success. We continuously strive to improve and make Taylor Wimpey a great place to work and an employer of choice. We do that by focusing on how we attract people; what training and development opportunities we offer; and how we recognise people for their contribution and commitment.

Employee turnover

Invest in...

We are a value-driven business, with a long term, sustainable focus. Our strategy is differentiated by a long term focus on value and on achieving both our financial and quality objectives sustainably in a cyclical environment.

Total dividends paid in a year

Understanding our markets

We believe that a long term view and a proactive and flexible approach is needed to manage through the cycle. Our strategy is built on this and so seeks to protect growth whilst mitigating future downside risk.

Our investment case

Our strategy is differentiated by a long term focus on value and on achieving both our financial and quality objectives sustainably in a cyclical environment. This has enabled us to deliver a record operating profit* margin in 2016 and return £737 million to shareholders since 2014.


Strategy set to manage through the cycle

High earnings quality with high margin driven by strong landbank

Quality business with further continuous operational improvement

Dual stream dividend underpins value

Our Business Model

Working together to build your dreams

Our Business Model is based on a value cycle and each component of the value cycle is important in order to achieve our strategy. The Business Model is presented at UK level only as the majority of metrics are not comparable in our Spanish business.

Our business model

* Operating profit is defined as profit on ordinary activities before net finance costs, exceptional items and tax, after share of results of joint ventures.

** Return on net operating assets is defined as 12-month rolling operating profit divided by the average of the opening and closing net operating assets, which is defined as net assets less net cash less net tax balances, excluding any accrued dividends.

Tangible net assets per share is defined as net assets before any accrued dividends excluding goodwill and intangible assets divided by the number of ordinary shares in issue at the end of the period.

†† Subject to shareholder approval.