<ARTICLE> 5 <CIK> 0000794170 <NAME> TOLL BROTHERS, INC. <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> OCT-31-1998 <PERIOD-END> OCT-31-1998 <CASH> 80,143 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 1,111,863 <CURRENT-ASSETS> 0 <PP&E> 36,363 <DEPRECIATION> 21,938 <TOTAL-ASSETS> 1,254,468 <CURRENT-LIABILITIES> 0 <BONDS> 269,296 <COMMON> 369 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 525,387 <TOTAL-LIABILITY-AND-EQUITY> 1,254,468 <SALES> 1,206,290 <TOTAL-REVENUES> 1,210,816 <CGS> 933,853 <TOTAL-COSTS> 1,040,582 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 35,941 <INCOME-PRETAX> 134,293 <INCOME-TAX> 48,474 <INCOME-CONTINUING> 85,819 <DISCONTINUED> 0 <EXTRAORDINARY> (1,115) <CHANGES> 0 <NET-INCOME> 84,704 <EPS-PRIMARY> 2.32 <EPS-DILUTED> 2.22