Financial FAQs

  • When does Toll Brothers' fiscal year end?

    Toll Brothers fiscal year ends on October 31st.

  • When do the fiscal quarters end?
    • Fiscal Q1 ends January 31st.
    • Fiscal Q2 ends April 30th.
    • Fiscal Q3 ends July 31st.
    • Fiscal Q4 ends October 31st.
  • When does Toll Brothers announce its quarterly earnings results?
    • Fiscal Q1 results are generally announced in the last 10 days of February.
    • Fiscal Q2 results are generally announced in the last 10 days of May.
    • Fiscal Q3 results are generally announced in the last 10 days of August.
    • Fiscal Q4 results are generally announced in the first 10 days of December.
  • Does Toll Brothers sell stock directly to the public?

    We do not currently have a plan in place to sell stock directly to the public. From time to time, Toll Brothers reviews various plans for direct stock purchase. If a decision were made to launch such a program, the Company would publicize it and shareholders likely would find such information on our website.

  • Does Toll Brothers issue dividends or have a dividend re-investment (DRIP) program?

    The Company's Board of Directors approved the initiation of a quarterly cash dividend to shareholders. The first dividend was paid on April 28, 2017 to shareholders of record on the close of business on April 14, 2017. Toll Brothers does not offer a dividend reinvestment program at this time.

  • Does Toll Brothers have a mailing list for financial information?

    For your convenience, the Investor Relations Department has made recent financial statements and all press releases available on our website. They can be found on the SEC website as well.

  • What are Toll Brothers' corporate/senior credit ratings from the rating agencies?

     

    • Moody's Investor Service rates Toll Brothers Baa2.
    • Standard & Poor's rates Toll Brothers BBB-.
    • Fitch Inc. rates Toll Brothers BBB.
  • Who should I contact regarding my stock certificates? How do I change my address on my Toll Brothers stock certificate? Or change title on the stock?

    Equiniti Trust Company, LLC (“EQ”)
    55 Challenger Road, Floor 2
    Ridgefield Park, NJ 07660
    1-800-937-5449
    https://equiniti.com/us/ast-access/individuals/

  • What is Toll Brothers' stock history?

    Below is a history of Toll Brothers' stock splits. Toll Brothers trades on the New York Stock Exchange. Our Initial Public Offering (IPO) was July 8, 1986, at $12.50/share (approximately $1.04/share today, on a split-adjusted basis).

    Description Date Market Price
    Before Split
    Initial Public Offering 07/08/86 $12.50
    3-for-2 Split 02/26/87 $27.75*
    2-for-1 Split 04/20/87 $26.50*
    2-for-1 Split 03/28/02 $49.85*
    2-for-1 Split 07/08/05 $103.96*

    *Closing price on the New York Stock Exchange.

  • Where can I find a history of the Company's stock closing price?

    There are many Internet resources for this type of financial data, including Google Finance, Yahoo Finance and www.quote.com.

  • What is Toll Brothers' SIC Code?

    Toll Brothers, Inc. is listed under SIC Code #1531.

  • What is the Wall Street consensus concerning Toll Brothers' earnings, and how is it calculated?

    To calculate the Wall Street Consensus, approximately twenty Wall Street analysts submit their quarterly earnings estimates to Thomson Reuters I/B/E/S, Zacks, First Call and other reporting agencies. As policy, we do not endorse these estimates. Information regarding current consensus estimates can be found on various Internet sites, such as Marketwatch.com.

  • Where can I find information regarding the Company's financial projections?

    The Company provides financial guidance in its quarter earnings conference call. This information is posted on our website and is also filed with the SEC.

  • Which indices include Toll Brothers?

    Toll Brothers is included on many indices, among them are the S&P Mid Cap 400, the S&P Composite 1500, the Russell 1000 and the Philadelphia Housing Index.

  • What is Toll Brothers CUSIP number?

    The CUSIP number for Toll Brothers' common stock is 889478103.

  • What year was Toll Brothers Incorporated and in what state?

    Toll Brothers was incorporated in May 1986 and is a Delaware corporation. Prior to that time, the company operated through predecessor entities beginning in 1967. Brothers Robert I. Toll (Chairman Emeritus) and Bruce E. Toll co-founded the Company's predecessor operations in 1967. The Company went public in July 1986.

  • How many employees does Toll Brothers have?

    At October 31, 2024 Toll Brothers had 4,900 full-time employees nationwide.

  • How many shares are outstanding?

    As of December 18, 2024 there were approximately 100,037,000 shares of Common Stock outstanding.

  • What products does Toll Brothers sell?

    Toll Brothers, Inc., a Fortune 500 Company, is the nation’s leading builder of luxury homes. The Company was founded 58 years ago in 1967 and became a public company in 1986. Its common stock is listed on the New York Stock Exchange under the symbol “TOL.” The Company serves first-time, move-up, empty-nester, active-adult, and second-home buyers, as well as urban and suburban renters. Toll Brothers builds in over 60 markets in 24 states: Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Indiana, Maryland, Massachusetts, Michigan, Nevada, New Jersey, New York, North Carolina, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, and Washington, as well as in the District of Columbia. The Company operates its own architectural, engineering, mortgage, title, land development, insurance, smart home technology, and landscape subsidiaries. The Company also develops master-planned and golf course communities as well as operates its own lumber distribution, house component assembly, and manufacturing operations.

    Toll Brothers has been one of Fortune magazine's World’s Most Admired Companies™ for 10+ years in a row, and in 2024 the Company’s Chairman and CEO Douglas C. Yearley, Jr. was named one of 25 Top CEOs by Barron’s magazine. Toll Brothers has also been named Builder of the Year by Builder magazine and is the first two-time recipient of Builder of the Year from Professional Builder magazine. For more information visit TollBrothers.com.

    Toll Brothers discloses information about its business and financial performance and other matters, and provides links to its securities filings, notices of investor events, and earnings and other news releases, on the Investor Relations section of its website (investors.TollBrothers.com).

    From Fortune, ©2025 Fortune Media IP Limited. All rights reserved.  Used under license.

  • What are the geographic markets in which Toll Brothers operates?

    At October 31, 2024, our home building communities were operating in the following major suburban and urban residential markets:

    • Boston, Massachusetts metropolitan area
    • New Haven County, Connecticut
    • Westchester and Dutchess Counties, New York
    • New York metropolitan area
    • Central and northern New Jersey
    • Philadelphia, Pennsylvania metropolitan area
    • Virginia and Maryland suburbs of Washington, D.C.
    • Delaware
    • Raleigh and Charlotte, North Carolina metropolitan areas
    • Nashville, Tennessee
    • Charleston, Greenville, Hilton Head and Myrtle Beach, South Carolina
    • Atlanta, Georgia metropolitan area
    • Southeast and southwest coasts and the Jacksonville, Orlando, and Tampa areas of Florida
    • Detroit, Michigan metropolitan area
    • Dallas, Houston, Austin, and San Antonio, Texas metropolitan areas
    • Denver, Colorado metropolitan area, Fort Collins and Colorado Springs, Colorado
    • Phoenix and Sedona, Arizona
    • Las Vegas and Reno, Nevada metropolitan areas
    • Boise and Coeur d’Alene, Idaho metropolitan areas
    • Salt Lake City, Utah metropolitan area and St. George/southern Utah
    • San Diego and Palm Springs, California
    • Los Angeles, California metropolitan area and Orange County
    • San Francisco Bay, Sacramento, and San Jose areas of northern California
    • Seattle, Spokane, and Clark County, Washington metropolitan areas, and
    • Portland, Oregon metropolitan area.

    The Company continues to explore additional geographic areas for expansion.

  • How many years has Toll Brothers operated in its various states?

    The following table lists the states in which the Company operates and the fiscal years in which the Company commenced operations:

    State Fiscal Year of Entry
    Pennsylvania 1967
    New Jersey 1982
    Delaware 1987
    Massachusetts 1988
    Maryland 1988
    Virginia 1992
    Connecticut 1992
    New York 1993
    California 1994
    North Carolina 1994
    Texas 1995
    Florida 1995
    Arizona 1995
    Nevada 1998
    Illinois 1998
    Michigan 1999
    Colorado 2001
    Minnesota 2005
    Washington 2012
    Idaho 2017
    Oregon 2018
    Utah  2018
    Georgia 2019
    Tennessee 2020
     Indiana 2022
  • What companies has Toll Brothers acquired?

    Toll Brothers has made thirteen acquisitions: Geoffrey H. Edmunds in Scottsdale, Arizona (1995), Coleman Homes' Las Vegas Division (1998), Silverman Homes in metro Detroit (1999), Richard R. Dostie (2003) and The Manhattan Building Company (2003) in northern New Jersey, the central Florida Division of Landstar Homes (2005), CamWest Development LLC in Seattle, Washington (2012), Shapell Industries, Inc. in California (2014), Coleman Homes in Boise, Idaho (2017), Sharp Residential in Atlanta, Georgia (2019), Sabal Homes in South Carolina (2019), Thrive Residential in Nashville and Atlanta (2020), Keller Homes in Colorado Springs (2020), StoryBook Homes in Las Vegas (2021), and Rialto Homes in San Antonio (2022).

  • Who is Toll Brothers' registered public accounting firm?

    Toll Brothers' independent registered public accounting firm is Ernst & Young LLP (Philadelphia, Pennsylvania).

  • What public debt does Toll Brothers have outstanding?

    $350,000,000 of senior notes at 4.875% due November 2025.
    $450,000,000 of senior notes at 4.875% due March 2027.
    $400,000,000 of senior notes at 4.350% due February 2028.
    $400,000,000 of senior notes at 3.800% due November 2029.

  • Who is the trustee on these notes?

    The Bank of New York Mellon
    227 W. Monroe Street
    26th Floor
    Chicago, IL 60606