<ARTICLE> 5 <CIK> 0000794170 <NAME> TOLL BROTHERS, INC. <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> OCT-31-1998 <PERIOD-END> JUL-31-1998 <CASH> 75,830 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 1,075,318 <CURRENT-ASSETS> 0 <PP&E> 35,814 <DEPRECIATION> 21,409 <TOTAL-ASSETS> 1,208,294 <CURRENT-LIABILITIES> 0 <BONDS> 269,275 <COMMON> 370 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 499,990 <TOTAL-LIABILITY-AND-EQUITY> 1,208,294 <SALES> 832,628 <TOTAL-REVENUES> 836,471 <CGS> 643,709 <TOTAL-COSTS> 720,712 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 24,991 <INCOME-PRETAX> 90,768 <INCOME-TAX> 32,804 <INCOME-CONTINUING> 57,964 <DISCONTINUED> 0 <EXTRAORDINARY> 1,115 <CHANGES> 0 <NET-INCOME> 56,849 <EPS-PRIMARY> 1.57 <EPS-DILUTED> 1.49