Core Insights - Toll Brothers, Inc. has launched its first Regency 55+ active-adult home designs in the Houston area, specifically within the Chambers Creek master plan in Willis, Texas [1][5] - The new homes feature single-level living with modern open floor plans, catering to the needs of active adults aged 55 and older [2][6] Company Overview - Toll Brothers is recognized as the nation's leading builder of luxury homes and operates in over 60 markets across 24 states [8] - The company has been publicly traded since 1986 and is listed on the New York Stock Exchange under the symbol "TOL" [8] Product Details - The Regency homes include the Blossom Collection and Riverside Collection, offering designs on 45- and 70-foot-wide home sites, with 2 to 3 bedrooms and up to 3.5 bathrooms, priced from the upper $300,000s [2][5] - The Toll Brothers Design Studio provides customers with a wide array of selections to personalize their homes [3] Community Features - Chambers Creek has been recognized as one of the Top Communities in the Nation for 2025, featuring resort-style amenities such as a pool, golf courses, and extensive parks [5] - The community offers a gated setting with controlled access and a full-time Lifestyle Director to organize events [5] Market Position - Toll Brothers has been named one of Fortune magazine's World's Most Admired Companies for over 10 years and has received multiple accolades for its leadership and quality in homebuilding [9]

Core Insights - Toll Brothers, Inc. has launched a new luxury home community named Woodside Preserve in Orlando, Florida, featuring versatile floor plans and high-end personalization options [1][2][4] Company Overview - Toll Brothers is recognized as the nation's leading builder of luxury homes, founded in 1967 and publicly traded since 1986 under the NYSE symbol "TOL" [9] - The company operates in over 60 markets across 24 states and the District of Columbia, offering a range of housing options for various buyer segments [9] Community Features - Woodside Preserve offers one- and two-story single-family homes with 3 to 6 bedrooms, 2 to 5 bathrooms, and 2- to 3-car garages, with prices starting from the upper $500,000s [4] - Homes range from 2,000 to over 3,200 square feet, featuring open floor plans, first-floor primary suites, spacious offices, and luxurious finishes [4] Location and Accessibility - The community is strategically located near major shopping and dining areas, including Waterford Lakes Town Center, and is close to the University of Central Florida and downtown Orlando [5] - Woodside Preserve includes recreational amenities such as a tot lot, catering to families with children [5] Customer Experience - Toll Brothers provides a one-stop shopping experience at its Design Studio, allowing customers to personalize their homes with a wide selection of options [6] - Quick move-in homes with designer features are available, enabling customers to move in later this year or early 2026 [6]

Core Viewpoint - Toll Brothers, Inc. has announced a public offering of $500 million in 5.600% Senior Notes due 2035, with settlement expected on June 10, 2025, subject to customary closing conditions [1][2]. Group 1: Offering Details - The Notes will have a coupon rate of 5.600% and will pay interest semi-annually on June 15 and December 15, starting from December 15, 2025 [2]. - The net proceeds from the Offering are expected to be used for general corporate purposes, which may include the repayment of existing 4.875% Senior Notes due 2025 [2]. Group 2: Underwriters and Managers - A consortium of financial institutions, including BofA Securities, Inc., BBVA Securities, Inc., and Goldman Sachs & Co. LLC, are acting as Joint Book-Running Managers for the Offering [3]. - Additional firms are participating as Lead Managers and Co-Managers in the Offering [3]. Group 3: Company Overview - Toll Brothers, Inc. is recognized as the leading builder of luxury homes in the United States, founded in 1967 and publicly traded since 1986 [6]. - The company operates in over 60 markets across 24 states and serves various buyer segments, including first-time buyers and active adults [6].

Core Insights - Toll Brothers, Inc. (TOL) has seen a 0.9% increase in its earnings estimate for fiscal 2025, now projected at $13.86 per share, attributed to its diversified luxury product offerings and strategic focus on sales base and margin [1] - The company has outperformed peers in the homebuilding sector, with its stock rising 0.5% since its Q2 fiscal 2025 earnings release, contrasting with declines in the broader industry and S&P 500 index [4] - Despite favorable long-term housing market demographics, ongoing market uncertainties such as high mortgage rates and inflationary pressures pose challenges to the company's growth [5] Financial Performance - TOL's stock has gained 3.8% in the past month, while the industry has declined by 2.2%, indicating a positive trend for investors [4] - The company announced a 9% increase in its quarterly dividend to $0.25 per share, reflecting its commitment to shareholder value [11] - TOL has repurchased 1.832 million shares for approximately $201.2 million and plans to increase its share repurchase program to $600 million [12] Competitive Position - Toll Brothers benefits from reduced competition in the luxury housing market, leveraging its brand and unique build-to-order model to maintain pricing power [8] - The company caters to wealthier customer segments, including move-up and empty-nester buyers, which supports strong demand for its luxury homes [9] - TOL's balanced operating model between build-to-order and spec homes allows it to adapt to market fluctuations effectively [10] Market Challenges - The U.S. housing market faces affordability issues, with the 30-year fixed mortgage rate recently at 6.89%, impacting homebuyer decisions [15] - Macro uncertainties, including the Federal Reserve's interest rate policies and potential tariff impacts, raise concerns about future market conditions [16][17] - Despite these challenges, approximately 24% of TOL's buyers are cash purchasers, providing a buffer against economic pressures [21]

Financial Performance - Total revenues for the three months ended April 30, 2025, were $2,739,077 thousand, a decrease of 3.5% compared to $2,837,486 thousand for the same period in 2024[22] - Home sales revenue for the six months ended April 30, 2025, was $4,547,229 thousand, down 0.7% from $4,578,856 thousand in the prior year[22] - Net income for the three months ended April 30, 2025, was $352,447 thousand, a decline of 26.8% from $481,617 thousand in the same period of 2024[22] - Basic earnings per share for the three months ended April 30, 2025, were $3.53, compared to $4.60 for the same period in 2024, reflecting a decrease of 23.2%[22] - The company reported a comprehensive income of $350,205 thousand for the three months ended April 30, 2025, down from $484,432 thousand in the same period of 2024[22] - For the six months ended April 30, 2025, net income was $530,150,000, a decrease of 26.5% compared to $721,175,000 for the same period in 2024[28] - The total other income – net for the three months ended April 30, 2025, was $16.336 million, a decrease from $20.366 million in the same period of 2024[95] - Revenues from ancillary businesses for the three months ended April 30, 2025, were $47.580 million, compared to $39.159 million for the same period in 2024, representing a 21.8% increase[95] Assets and Liabilities - Total assets increased to $14,195,824 thousand as of April 30, 2025, from $13,367,932 thousand as of October 31, 2024, representing a growth of 6.2%[20] - Total liabilities rose to $6,231,409 thousand as of April 30, 2025, compared to $5,681,217 thousand as of October 31, 2024, an increase of 9.7%[20] - Stockholders' equity increased to $7,964,415 thousand as of April 30, 2025, from $7,686,715 thousand as of October 31, 2024, reflecting a growth of 3.6%[20] - Total equity as of April 30, 2025, was $7,964,415,000, an increase from $7,686,715,000 as of October 31, 2024[25] - The company’s total assets as of April 30, 2025, were $13,048.3 million, with total liabilities of $5,505.1 million and stockholders' equity of $7,543.0 million[180] Cash Flow and Investments - Cash flow used in operating activities was $(57,929,000) for the six months ended April 30, 2025, compared to $152,044,000 in 2024, indicating a significant decline[28] - The company reported a net cash decrease of $608,760,000 in the six months ended April 30, 2025, compared to a decrease of $256,887,000 in 2024[28] - Cash used in investing activities for the six-month period ended April 30, 2025, was $187.8 million, primarily for investments in unconsolidated entities totaling $179.9 million[171] - Financing activities resulted in a cash outflow of $363.1 million for the six-month period ended April 30, 2025, mainly due to the repurchase of $204.9 million of common stock and $66.3 million in loan payments[174] Inventory and Sales - Inventory increased significantly, with $(900,631,000) in cash flow used for inventory in the six months ended April 30, 2025, compared to $(679,337,000) in 2024[28] - As of April 30, 2025, total inventory amounted to $10,994,873 thousand, an increase of 13.2% from $9,712,925 thousand on October 31, 2024[42] - The company delivered 2,899 homes with an average delivered price of $933,600 in the three months ended April 30, 2025, compared to 2,641 homes at an average price of $1,002,300 in the same period of 2024[122] - Home sales revenues for the three months ended April 30, 2025, were $2,706.5 million, a 2% increase from $2,647.0 million in the same period of 2024[131] - For the six-month period ended April 30, 2025, the company recognized $4.60 billion in revenues, with $4.55 billion from home sales and $51.0 million from land sales and other revenues, down from $4.79 billion in the same period of 2024[125] Debt and Financing - The company had loan commitments totaling $2.68 billion, with maximum estimated exposure under guarantees of $581.8 million[63] - The company’s total loans payable amounted to $1.05 billion as of April 30, 2025, with a senior unsecured term loan of $650 million[68] - The interest rate on the Term Loan Facility was 5.43% per annum as of April 30, 2025[69] - The company has a $2.35 billion senior unsecured revolving credit facility, which was increased from $1.96 billion on February 7, 2025[71] - The company’s senior notes amounted to $1.60 billion as of April 30, 2025, with obligations guaranteed by Toll Brothers, Inc. and its subsidiaries[177] Regional Performance - The North region generated revenues of $378.5 million for the three months ended April 30, 2025, representing a 13% increase from $335.2 million in 2024[184] - The South region saw a revenue increase of 15% to $758.6 million for the three months ended April 30, 2025, compared to $658.4 million in the same period of 2024[184] - The Mountain region experienced a significant revenue growth of 25%, reaching $755.9 million for the three months ended April 30, 2025, up from $603.6 million in 2024[184] - Home sales revenues in the Mid-Atlantic region decreased by 14% to $321.8 million for the three months ended April 30, 2025, compared to $376.1 million in the same period of 2024[195] - The Pacific region's backlog value increased by 5% to $1,484.9 million in 2025 from $1,412.8 million in 2024[187] Tax and Compliance - The effective tax rate for the three months ended April 30, 2025, was 26.2%, slightly higher than the 25.9% effective tax rate for the same period in 2024[79] - The effective tax rate for the six months ended April 30, 2025 was 24.1%, compared to 25.0% for the same period in 2024[148] - The aggregate unrecognized tax benefits amounted to $22.1 million as of April 30, 2025, which could positively impact the effective tax rate if reversed in the future[81] Shareholder Activities - The company declared dividends of $25,145 thousand during the three months ended April 30, 2025[24] - The company purchased treasury stock amounting to $177,362 thousand during the three months ended April 30, 2025[24] - The company repurchased 1,645 thousand shares at an average price of $107.84 per share during the three months ended April 30, 2025, compared to 1,502 thousand shares at an average price of $120.60 per share in the same period of 2024[84] - Cash dividends increased from $0.23 per share in 2024 to $0.25 per share in 2025 for the three-month periods ended April 30[85] Impairments and Write-offs - The company reported impairment charges and write-offs of $32,462,000 for the six months ended April 30, 2025, compared to $35,400,000 in 2024[28] - The company recognized $9.8 million in inventory impairment charges in the three months ended April 30, 2025, compared to $28.4 million in the same period of 2024[117] - The company recognized $1.8 million in impairment charges on land held for sale during the six-month period ended April 30, 2025, compared to $0.6 million in the same period of 2024[44] Joint Ventures and Investments - The company had investments in 63 unconsolidated entities as of April 30, 2025, with a total investment of $1,172,302 thousand[49] - New joint ventures entered into during the six months ended April 30, 2025, had an aggregate fair value at formation of $199,600 thousand[54] - The number of joint ventures with debt financing increased to 51 as of April 30, 2025, with aggregate loan commitments totaling $4,272,174 thousand[53] - The company evaluated its land purchase contracts and determined that 334 contracts were VIEs, with a maximum exposure to loss of approximately $248.0 million as of April 30, 2025[48] Miscellaneous - The company continues to manage pricing, incentives, and home starts on a community-by-community basis to align inventory levels with local sales environments[121] - There were no changes in internal control over financial reporting that materially affected the company's financial reporting during the quarter ended April 30, 2025[218]

Stunning model home is now available for sale in this exclusive communityORLANDO, Fla., May 29, 2025 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced the final opportunity to purchase a new home at its Haven Oaks community in Orlando, Florida. A limited number of homes remain available for sale in the community, including the professionally designed Frederick Elite model home. Surrounded by mature oak trees, Haven Oaks is a private new home co ...

Core Insights - Toll Brothers, Inc. is launching a new luxury home community named Canterbury Meadows in Royersford, Pennsylvania, expected to open for sale in fall 2025 [1][4] - The community will feature modern two-story home designs with sizes ranging from 3,029 to over 3,677 square feet, priced from $1 million [2][4] - The location offers convenient access to major routes and nearby amenities, including shopping, dining, and recreational parks [4][6] Company Overview - Toll Brothers is recognized as the nation's leading builder of luxury homes and operates in over 60 markets across 24 states [8][9] - The company has been publicly traded since 1986 and is listed on the New York Stock Exchange under the symbol "TOL" [8] - Toll Brothers has received multiple accolades, including being named one of Fortune magazine's World's Most Admired Companies for over 10 years [9] Community Features - Canterbury Meadows will provide flexible floor plans with 4 to 5 bedrooms and 3.5 to 5.5 bathrooms, along with luxury amenities [2][4] - The community will include a state-of-the-art Design Studio for home personalization, enhancing the customer experience [5][6] - Quick move-in homes will also be available for buyers looking for a faster transition [6]

Core Insights - Toll Brothers, Inc. announces the final opportunity to purchase new homes at Ranch Gate Estates, an exclusive community in North Scottsdale, Arizona, with limited move-in ready homes available for sale [1][3] Company Overview - Toll Brothers, Inc. is the leading builder of luxury homes in the United States, founded in 1967 and publicly traded since 1986, listed on the NYSE under the symbol "TOL" [7] - The company operates in over 60 markets across 24 states and the District of Columbia, serving various buyer segments including first-time, move-up, and active-adult buyers [7] - Toll Brothers has been recognized as one of Fortune magazine's World's Most Admired Companies for over 10 years and has received multiple awards for excellence in home building [8] Product Offering - Ranch Gate Estates features expansive single-level homes on one-acre sites, with designs ranging from 3,838 to 4,330 square feet, emphasizing modern and desert contemporary architecture [2] - Homes are priced starting from $2.3 million and include upgraded finishes selected by professional designers [3] Community Features - The community offers sweeping mountain views and is located near the Sonoran Preserve trail system, promoting a serene desert lifestyle [3][5] - The sales office for Ranch Gate Estates is situated at 25508 N. 119th St in Scottsdale, with additional information available through Toll Brothers [5]

Core Insights - Toll Brothers Apartment Living has launched a new luxury apartment community named Navona in Mesa, Arizona, featuring 400 one-, two-, and three-bedroom units [1][3] - The community aims to provide resort-style living with a focus on connection, wellness, and relaxation, supported by a $78 million construction loan from Bank OZK [1][5] Company Overview - Toll Brothers Apartment Living is a subsidiary of Toll Brothers, Inc., recognized as the nation's leading builder of luxury homes, and has been named one of the Top 25 Largest Developers by the National Multifamily Housing Council for five consecutive years [8][10] - The company has completed over 10,000 units nationally and has more than 18,000 units currently in production [8] Community Features - Navona offers high-end finishes and modern conveniences, including quartz countertops, stainless steel appliances, and smart home technology [3][5] - The community includes extensive resort-style amenities such as a pool, fitness center, and various recreational facilities, designed to enhance residents' lifestyles [5] Market Position - Mesa is identified as one of the fastest-growing submarkets in the Phoenix metropolitan area, driven by strong economic growth and diverse lifestyle offerings [3][5] - The location of Navona provides residents with convenient access to major employment centers, shopping, dining, and outdoor recreation, enhancing its appeal [5][6]

Core Insights - Toll Brothers, Inc. announced the upcoming launch of its new luxury home community, Toll Brothers at HighPoint, in Scottsdale, Arizona, featuring 122 home sites and expected to open for sale in late summer 2025 [1][4] Group 1: Community Features - The community will offer nine single-level home designs ranging from 3,640 to over 5,000 square feet, with homes priced starting from $1.9 million [2] - Each home will be situated on expansive sites averaging 2.75 acres, providing stunning views of the Sonoran Desert and city lights [2] - Personalization options will include casitas, multi-generational living suites, and garages accommodating up to eight cars [2] Group 2: Lifestyle and Amenities - Residents will have direct access to a network of trails and nearby outdoor recreational activities such as hiking, golf, and lake adventures at Bartlett Lake [4] - The Toll Brothers Design Studio will offer a wide array of selections for home personalization, supported by professional design consultants [5] Group 3: Company Background - Toll Brothers is a Fortune 500 Company and the leading builder of luxury homes in the United States, operating in over 60 markets across 24 states [8] - The company has received multiple accolades, including being named one of Fortune magazine's World's Most Admired Companies for over 10 years and Builder of the Year by Builder magazine [9]