<ARTICLE> 5 <CIK> 0000794170 <NAME> TOLL BROTHERS, INC. <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> OCT-31-1999 <PERIOD-END> APR-30-1999 <CASH> 101,936 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 1,368,074 <CURRENT-ASSETS> 0 <PP&E> 39,989 <DEPRECIATION> 23,523 <TOTAL-ASSETS> 1,577,739 <CURRENT-LIABILITIES> 0 <BONDS> 469,377 <COMMON> 366 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 555,750 <TOTAL-LIABILITY-AND-EQUITY> 1,577,739 <SALES> 610,677 <TOTAL-REVENUES> 615,537 <CGS> 477,225 <TOTAL-COSTS> 535,989 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 17,258 <INCOME-PRETAX> 62,290 <INCOME-TAX> 22,772 <INCOME-CONTINUING> 39,518 <DISCONTINUED> 0 <EXTRAORDINARY> (1,461) <CHANGES> 0 <NET-INCOME> 38,057 <EPS-BASIC> 1.03 <EPS-DILUTED> 1.01