IRVINE, Calif., June 10, 2025 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced it will open five new collections of homes in its Toll Brothers at Great Park Neighborhoods community in highly sought-after Irvine, California. The community is set to open for sale in fall 2025. This new master plan within Great Park Neighborhoods will feature five distinct luxury new home collections: Elm, Birch, Rowan, Alder, and Laurel. This exclusive new locat ...

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]

Exclusive community offers luxury single-family homes with convenient access to major Orlando attractionsORLANDO, Fla., June 06, 2025 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced the model home grand opening at Woodside Preserve, a new luxury home community in Orlando, Florida. This exclusive Toll Brothers neighborhood showcases versatile floor plans and top-tier options for personalization in a tranquil, wooded setting. The newly opened A ...

FORT WASHINGTON, Pa., June 05, 2025 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (the “Company” or “we”) (NYSE:TOL) (TollBrothers.com), announced today that it has priced an underwritten public offering (the "Offering") of $500,000,000 of 5.600% Senior Notes due 2035 (the "Notes") issued by Toll Brothers Finance Corp., a wholly-owned subsidiary of the Company. Settlement of the Notes is anticipated to occur on June 10, 2025, subject to satisfaction of customary closing conditions. The Notes have a coupon of 5.60 ...

Toll Brothers, Inc.’s (TOL) earnings estimate for fiscal 2025 has trended up 0.9% to $13.86 per share from $13.74 per share in the past 30 days. Analysts’ sentiments are likely to have been bullish thanks to the company realizing benefits from its diversified luxury product offerings, the balanced portfolio of build-to-order and spec homes and its strategy of prioritizing sales base and margin. These trends, along with the company’s 9% dividend hike and favorable long-term housing market demographics, are l ...

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 ...

ROYERSFORD, Pa., May 29, 2025 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced its newest community, Canterbury Meadows, is coming soon to Royersford, Pennsylvania. This exclusive Toll Brothers neighborhood will include a selection of modern two-story home designs and an array of luxury amenities. Site work is underway at 183 Kline Road in Royersford, and the community is anticipated to open for sale in fall 2025. Canterbury Meadows will showc ...

SCOTTSDALE, Ariz., May 28, 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 Ranch Gate Estates, an exclusive community nestled in North Scottsdale, Arizona. Only a few move-in ready homes with Toll Brothers Designer Appointed Features remain available for sale in the community. Ranch Gate Estates offers expansive single-level homes on one-acre home sites against a backdrop of mountains and S ...

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]