Toll Brothers, Inc., A FORTUNE 500 Company, is the nation's leading builder of luxury homes. The Company began business over fifty years ago in 1967 and became a public company in 1986. The Company serves first-time, move-up, empty-nester, active-adult, affordable luxury and second-home buyers, as well as urban and suburban renters. It operates in 24 states: Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Illinois, 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.
Toll Brothers builds an array of luxury residential single-family detached, attached home, master planned resort-style golf, and urban low-, mid-, and high-rise communities, principally on land it develops and improves. The Company acquires and develops rental apartment and commercial properties through Toll Brothers Apartment Living, Toll Brothers Campus Living, and the affiliated Toll Brothers Realty Trust, and develops urban low-, mid-, and high-rise for-sale condominiums through Toll Brothers City Living. The Company operates its own architectural, engineering, mortgage, title, land development and land sale, golf course development and management, and landscape subsidiaries. Toll Brothers operates its own alarm monitoring company through TBI Smart Home Solutions, a complete home technology division. In addition to providing security monitoring, TBI Smart Home Solutions offers homeowners a full range of low voltage options, allowing buyers to maximize the potential of technology in their new home. The Company also operates its own lumber distribution, house component assembly, and manufacturing operations. Through its Gibraltar Real Estate Capital joint venture, the Company provides builders and developers with land banking, non-recourse debt and equity capital.

Company profile
Ticker
TOL
Exchange
Website
CEO
Douglas Yearley
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
PulteGroup • KB Home • Taylor Morrison Home • NVR • Beazer Homes USA • M.D.C. • Meritage Homes • Hovnanian Enterprises • MI Homes • Dream Finders Homes ...
Former names
TOLL BROTHERS INC
SEC CIK
Corporate docs
Subsidiaries
1.Dominion III Corp. • 2.ESE Consultants, Inc. • 3.ESE Consultants, Inc. • 4.ESE of North Carolina, PC, a North Carolina professional corporation. • 5.First Brandywine Investment Corp. • 6.First Huntingdon Finance Corp. • 7.GCAM Holding Co., Inc. • 8.Hampton Pointe Club, Inc. • 9.HQZ Acquisitions, Inc. • 10.Jupiter Country Club, Inc. ...
IRS number
232416878
TOL stock data
Analyst ratings and price targets
Latest filings (excl ownership)
8-K
Submission of Matters to a Vote of Security Holders
8 Mar 23
10-Q
2023 Q1
Quarterly report
2 Mar 23
8-K
Toll Brothers Reports FY 2023 1st Quarter Results
21 Feb 23
8-K
Entry into a Material Definitive Agreement
15 Feb 23
ARS
2022 FY
Annual report to shareholders
25 Jan 23
DEFA14A
Additional proxy soliciting materials
25 Jan 23
DEF 14A
Definitive proxy
25 Jan 23
10-K
2022 FY
Annual report
19 Dec 22
8-K
Toll Brothers Reports FY 2022 4th Quarter Results
6 Dec 22
8-K
Regulation FD Disclosure
1 Sep 22
Transcripts
TOL
Earnings call transcript
2023 Q1
22 Feb 23
TOL
Earnings call transcript
2022 Q4
7 Dec 22
TOL
Earnings call transcript
2022 Q3
24 Aug 22
TOL
Earnings call transcript
2022 Q2
25 May 22
TOL
Earnings call transcript
2022 Q1
23 Feb 22
TOL
Earnings call transcript
2021 Q4
8 Dec 21
TOL
Earnings call transcript
2021 Q3
25 Aug 21
TOL
Earnings call transcript
2021 Q2
26 May 21
TOL
Earnings call transcript
2021 Q1
24 Feb 21
TOL
Earnings call transcript
2020 Q4
8 Dec 20
Latest ownership filings
4
CHRISTINE GARVEY
3 Mar 23
4
CARL B MARBACH
28 Feb 23
4
CHRISTINE GARVEY
27 Feb 23
4
PAUL E SHAPIRO
24 Feb 23
SC 13G
Capital International Investors
13 Feb 23
SC 13G/A
VANGUARD GROUP INC
9 Feb 23
4
Douglas C. Jr. Yearley
30 Jan 23
4
Martin P. Connor
30 Jan 23
SC 13G/A
BlackRock Inc.
24 Jan 23
4
PAUL E SHAPIRO
23 Jan 23
Financial summary
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Diluted EPS |
Annual (USD) | Oct 22 | Oct 21 | Jan 21 | Oct 20 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 838.88 mm | 838.88 mm | 838.88 mm | 838.88 mm | 838.88 mm | 838.88 mm |
Cash burn (monthly) | 186.56 mm | (no burn) | (no burn) | (no burn) | 119.25 mm | (no burn) |
Cash used (since last report) | 312.16 mm | n/a | n/a | n/a | 199.55 mm | n/a |
Cash remaining | 526.72 mm | n/a | n/a | n/a | 639.33 mm | n/a |
Runway (months of cash) | 2.8 | n/a | n/a | n/a | 5.4 | n/a |
Institutional ownership, Q4 2022
92.6% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 425 |
Opened positions | 97 |
Closed positions | 49 |
Increased positions | 127 |
Reduced positions | 137 |
13F shares | Current |
---|---|
Total value | 6.87 tn |
Total shares | 102.58 mm |
Total puts | 1.70 mm |
Total calls | 1.14 mm |
Total put/call ratio | 1.5 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 11.69 mm | $583.54 bn |
BLK Blackrock | 10.79 mm | $538.41 bn |
Capital International Investors | 7.41 mm | $369.89 bn |
Greenhaven Associates | 5.35 mm | $267.32 bn |
Massachusetts Financial Services | 4.54 mm | $226.85 bn |
Dimensional Fund Advisors | 3.90 mm | $194.53 bn |
STT State Street | 3.65 mm | $182.39 bn |
Capital World Investors | 3.24 mm | $161.95 bn |
Millennium Management | 3.10 mm | $154.33 bn |
BK Bank Of New York Mellon | 3.00 mm | $149.68 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
2 Mar 23 | Garvey Christine | Common Stock | Sell | Dispose S | Yes | No | 58.855 | 125 | 7.36 k | 11,264 |
28 Feb 23 | Garvey Christine | Common Stock | Gift | Dispose G | Yes | No | 0 | 34 | 0.00 | 11,389 |
27 Feb 23 | Carl B Marbach | Common Stock | Sell | Dispose S | No | No | 58.6948 | 10,000 | 586.95 k | 65,066 |
23 Feb 23 | Paul E Shapiro | Common Stock | Sell | Dispose S | No | No | 58.385 | 1,000 | 58.39 k | 136,098 |
23 Feb 23 | Garvey Christine | Common Stock | Gift | Dispose G | Yes | No | 0 | 715 | 0.00 | 11,423 |
23 Feb 23 | Garvey Christine | Common Stock | Sell | Dispose S | Yes | No | 57.9803 | 910 | 52.76 k | 12,138 |
28 Jan 23 | Martin P. Connor | Common Stock | Payment of exercise | Dispose F | No | No | 57.39 | 9,746 | 559.32 k | 47,414 |
28 Jan 23 | Martin P. Connor | Common Stock | Option exercise | Acquire M | No | No | 0 | 25,940 | 0.00 | 57,160 |
28 Jan 23 | Martin P. Connor | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 25,940 | 0.00 | 0 |
News
Toll Brothers To Rally 25%? Here Are 10 Other Analyst Forecasts For Friday
24 Feb 23
Oppenheimer Maintains Outperform on Toll Brothers, Raises Price Target to $73
24 Feb 23
B of A Securities Maintains Buy on Toll Brothers, Raises Price Target to $70
23 Feb 23
RBC Capital Reiterates Sector Perform on Toll Brothers, Maintains $55 Price Target
23 Feb 23
Raymond James Maintains Outperform on Toll Brothers, Raises Price Target to $67
23 Feb 23
Press releases
Toll Brothers to Host Preview Opening Celebration at its New Harris Ranch Community in Sparks, Nevada on March 25
16 Mar 23
Toll Brothers Announces Edgewood at Hopkinton Model Home Grand Opening in Downtown Hopkinton, Massachusetts
16 Mar 23
Toll Brothers Announces 5% Increase to Quarterly Cash Dividend
9 Mar 23
Toll Brothers Announces New Luxury Home Community Coming Soon to The Pinehills in Plymouth, Massachusetts
9 Mar 23
Toll Brothers Announces Grand Opening of Model Home at Lakeview Estates in Lehi, Utah
9 Mar 23