Core Insights - Toll Brothers, Inc. is launching a new luxury home community named Toll Brothers at Audubon in Magnolia, Texas, expected to open for sale in summer 2026 [1][5] Group 1: Community Features - The community will feature single-family homes on 80-foot-wide lots, with designs ranging from approximately 3,600 to over 6,100 square feet, and pricing anticipated from the upper $800,000s [3] - Residents will have access to resort-style amenities including a pool with cabanas, splash pad, playground, recreation center, picnic areas, hiking and biking trails, and over 650 acres of parks [7] Group 2: Location and Accessibility - The community is strategically located near major commuter routes, including Texas State Highway 249, providing easy access to downtown Houston, Magnolia, and Bryan-College Station [8] - Local shopping, dining, and entertainment options are within minutes, and the community is situated within the top-rated Magnolia Independent School District [8] Group 3: Company Background - Toll Brothers, Inc. is recognized as the nation's leading builder of luxury homes and has been named the 1 Most Admired Home Builder in Fortune magazine's 2026 list of the World's Most Admired Companies for the ninth consecutive year [11][12]

New Toll Brothers homes will offer personalization options and onsite resort-style amenities in a master-planned settingSPARTANBURG, S.C., Feb. 26, 2026 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation's leading builder of luxury homes, today announced its latest luxury home community, Toll Brothers at Everly, is coming soon to Spartanburg, South Carolina. Nestled within a master-planned neighborhood directly across from Carolina Country Club, this community will showcase modern home designs, ...

Financial Data and Key Metrics Changes - Net income attributable to Green Brick for Q4 was $78 million, or $1.78 per diluted share, a decrease of 24.5% year-over-year [10] - Home closings revenue of $550 million declined 1.3% compared to the same period last year [9] - Home building gross margin decreased 490 basis points year-over-year to 29.4% [5][10] - For the full year, net income attributable to Green Brick decreased 18% to $313 million, and diluted earnings per share declined 16.3% to $7.07 [11] Business Line Data and Key Metrics Changes - Delivered 1,038 homes in Q4, a 1.9% increase year-over-year, and a record for any fourth quarter [4] - Net new home orders during Q4 were 883, up slightly year-over-year [11] - Average sales price was $530,000, down 3.1% year-over-year [10] - Average active selling communities decreased by 5% year-over-year to 101 [11] Market Data and Key Metrics Changes - Discounts and incentives increased year-over-year as a percentage of residential unit revenue to 9.2% from 5.2% [9] - Incentives for net new orders during Q4 increased to 10.2%, an increase of 380 basis points year-over-year [18] - Backlog value at the end of Q4 was $354 million, a decrease of 28.5% year-over-year [12] Company Strategy and Development Direction - The company is focused on maintaining an investment-grade balance sheet to support targeted expansion in high-volume markets [7] - Plans to grow the Trophy brand, with significant opportunities in DFW, Austin, and Houston [7][8] - The company aims to balance price and pace to maximize returns in each community [4] Management's Comments on Operating Environment and Future Outlook - Management acknowledged ongoing affordability challenges and a volatile housing market but expressed confidence in the company's ability to navigate these challenges [4][5] - The company is strategically positioned to adjust pricing as needed to meet market demand while maintaining sales pace [18] - Management remains optimistic about long-term prospects, citing a strong land position and diverse product offerings [24] Other Important Information - The company repurchased 359,000 shares for approximately $23 million in Q4, with a total of 1.4 million shares repurchased for approximately $83 million in 2025 [13] - The company maintained a robust cash position of $155 million and total liquidity of $520 million at the end of the quarter [16] - The total lots owned and under contract increased by 10% year-over-year to approximately 48,800 [22] Q&A Session Summary Question: Can you provide insights on gross margin decline drivers? - Management indicated that the decline was primarily driven by higher incentives and discounts across all regions [26] Question: What are the current rate buy-downs? - Current buy-downs are at $499, with entry-level rates at 321 [28] Question: How is the spring selling season progressing? - February has shown a strong start, with improved sales following a challenging January due to severe weather [40] Question: What is the inventory level compared to competitors? - The company is carrying higher inventory levels, particularly for finished specs, and is keeping pace with competitors [43][44] Question: What is the outlook for community count growth in 2026? - While specific guidance is not provided, the company aims to increase community count and expects meaningful acceleration in the coming years [50][52] Question: How is pricing power trending? - Very few communities have been able to raise prices, and the market remains competitive with ongoing inventory challenges [68][69] Question: What is the incentive load on higher-priced homes? - Higher design center incentives are being offered for $1 million-plus homes, with increased closing cost incentives for $600,000-$700,000 homes [74][75]

Financial Data and Key Metrics Changes - Net income attributable to Green Brick for Q4 was $78 million, or $1.78 per diluted share, a decrease of 24.5% year-over-year [10] - Home closings revenue for Q4 was $550 million, declining 1.3% compared to the same period last year [9] - Home building gross margin decreased 490 basis points year-over-year to 29.4% [5][10] - For the full year, net income attributable to Green Brick decreased 18% to $313 million, and diluted earnings per share declined 16.3% to $7.07 [11] Business Line Data and Key Metrics Changes - The company delivered 1,038 homes in Q4, a 1.9% increase year-over-year, marking a record for any fourth quarter [4] - Net new home orders during Q4 were 883, slightly up year-over-year but down 1.7% sequentially [11] - Average sales price for homes was $530,000, down 3.1% year-over-year [10] Market Data and Key Metrics Changes - Discounts and incentives increased as a percentage of residential unit revenue to 9.2% from 5.2% year-over-year [9] - The average FICO score for loans closed by Green Brick Mortgage was 746, with a debt-to-income ratio of 40% [18] Company Strategy and Development Direction - The company aims to maintain an investment-grade balance sheet to support expansion in high-volume markets [7] - Focus on growing the Trophy brand, with significant opportunities in DFW, Austin, and Houston [7][8] - The company is strategically positioned to adjust pricing as needed to meet market demand while maintaining sales pace [18] Management's Comments on Operating Environment and Future Outlook - Management acknowledged ongoing affordability challenges and a weakening job market impacting consumer segments [17] - Despite macroeconomic headwinds, the company believes its core strengths will enable it to navigate challenges effectively [6] - Management remains optimistic about long-term prospects, citing a strong land position and diverse product offerings [24] Other Important Information - The company repurchased 359,000 shares for approximately $23 million in Q4, with a total of 1.4 million shares repurchased for approximately $83 million in 2025 [13] - The company maintained a robust cash position of $155 million and total liquidity of $520 million at the end of the quarter [16] Q&A Session Summary Question: Can you provide insights on gross margin decline drivers? - Management indicated that the decline was primarily driven by higher incentives and discounts across all regions [26] Question: What is the current state of inventory levels? - The company reported carrying higher inventory levels, especially on finished specs, with roughly five finished specs per community [43][44] Question: How is the spring selling season progressing? - Management noted that February showed strong sales momentum following a challenging January due to severe weather [40] Question: What is the pricing power in the current market? - Very few communities were able to raise prices, and the company is still working through inventory while competing with other builders [67][68] Question: How are land prices trending? - Prices for desirable land remain sticky, while weaker demand has led to lower prices for less desirable lots [71]

Company Wins Seven Gold Awards and 28 Silver Awards for Stunning Model Home Designs Across the CountryFORT WASHINGTON, Pa., Feb. 25, 2026 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, was recently honored with seven Gold Award honors by the National Association of Home Builders (NAHB) at The Nationals, the home building industry’s highest awards competition. The prestigious awards are presented by the National Association of Home Builders Sales and Marketi ...

Limited homes remain available in this sought-after Five Forks communitySIMPSONVILLE, S.C., Feb. 25, 2026 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced the final opportunity for home shoppers to purchase a new luxury home at Woodcrest Hills, a boutique community located in Simpsonville, South Carolina. Only four new homes remain available for sale in this serene Five Forks enclave. Woodcrest Hills is offering the final selection of quick m ...

Core Insights - Toll Brothers, Inc. has launched a new luxury home community named Toll Brothers at Wildtree in Magnolia, Texas, featuring modern designs and premier amenities [1][7] Group 1: Community Features - The community offers one- and two-story homes ranging from approximately 3,078 to over 3,600 square feet, with 4 to 5 bedrooms and 3 to 4.5 baths, starting from the $500,000s [3] - Unique architectural details include cathedral ceilings and spiral staircases, providing a blend of style and functionality [3] - Future amenities in the Wildtree master-planned community will include a clubhouse, resort-style pool, playgrounds, walking and biking trails, and ample greenspace [6] Group 2: Location and Accessibility - Toll Brothers at Wildtree is located in Montgomery County, Texas, with convenient access to State Highway 249 and the Grand Parkway, making it ideal for work and recreation [6] - The community is served by top-rated schools in the Magnolia Independent School District, enhancing its appeal to families [6] Group 3: Company Background - Toll Brothers, Inc. is recognized as the nation's leading builder of luxury homes and has been named the 1 Most Admired Home Builder in Fortune magazine's 2026 list of the World's Most Admired Companies for the ninth consecutive year [10][11] - The company operates in over 60 markets across the United States, catering to various buyer segments including first-time, move-up, active-adult, and second-home buyers [10]

Core Viewpoint - The Supreme Court ruled that President Trump exceeded his authority by imposing global tariffs under the International Emergency Economic Powers Act (IEEPA), which could lead to lower input costs for U.S. companies and reduced trade uncertainty over time [1]. Group 1: Positive Beneficiaries - Apple (AAPL) and Amazon (AMZN) are expected to benefit from the ruling, as Apple has incurred approximately $3 billion in tariffs and has shifted production to reduce exposure to higher tariffs [4]. - The reinstatement of the "de minimis exemption," allowing duty-free imports under $800, will directly benefit Amazon's e-commerce operations [5]. - Apparel retailers like Nike (NKE) and Lululemon (LULU) may also benefit, as they have faced significant supply-chain disruptions due to tariffs and the exemption could help alleviate some of these pressures [7]. - Homebuilders such as Toll Brothers (TOL) and Lennar Corporation (LEN) could see advantages from lower import costs on essential construction materials, which have been a burden due to high material costs [8]. Group 2: Sector-Specific Impacts - General Motors (GM) has faced a substantial tariff burden estimated between $6.1 billion and $7.1 billion annually, while Ford (F) has benefited from foreign tariffs on medium- and heavy-duty trucks [6]. - The Producer Price Index (PPI) for construction has reached an all-time high, indicating increased costs for domestic producers, which could be alleviated by lower import costs [9]. Group 3: Market Reactions - The ruling may lead to short-term stock market volatility, particularly affecting sectors that benefited from tariff protections, such as domestic steel and aluminum producers [2][10]. - Investors are likely to monitor the potential impacts of tariff relief on the global economy and the stock market, with certain stocks poised to benefit from these changes [10].

Toll Brothers at Midline offers spacious home sites and resort-style amenities within a premier master planWEBSTER, Texas, Feb. 19, 2026 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced its newest Houston-area community, Toll Brothers at Midline, is coming soon to Webster, Texas. This exclusive collection of 25 single-family homes will offer expansive one- and two-story home designs on 70-foot-wide home sites within the thousand-acre Midline m ...

Core Viewpoint - The increase in U.S. housing starts suggests a potential early entry point for investors looking to capitalize on a broad recovery in the home building sector and related stocks [1] Group 1: Housing Market Trends - U.S. housing starts are showing signs of improvement, indicating a possible rebound in the home building industry [1] Group 2: Investment Opportunities - Investors may find this an opportune moment to invest in home builders and their stocks as the market begins to recover [1]