Toll Brothers reported a decrease in revenue and net income for Q1 2025, impacted by impairments and delayed joint venture sales. Despite these challenges, contract signings grew significantly, reflecting ongoing demand for luxury homes.
Toll Brothers reported strong Q4 2024 results, with net income of $475.4 million and earnings per share of $4.63. Home sales revenues increased by 10% to $3.26 billion, and net signed contract value rose by 32% to $2.66 billion. The company's performance was driven by its luxury brand, financially strong buyers, and strategies to increase spec home production and expand geographically.
Toll Brothers reported strong third quarter results with a 2% increase in home sales revenues to $2.72 billion and a net income of $374.6 million. The company raised its full year guidance across key home building metrics and expects to earn between $14.50 and $14.75 per diluted share.
Toll Brothers reported strong second quarter results for fiscal year 2024, with a 6% increase in home sales revenues to $2.65 billion and a 29% increase in net signed contract value to $2.94 billion. Net income was $481.6 million, or $4.55 per diluted share, which included a $124.1 million gain from the sale of land. The company is increasing its full year revenue and earnings guidance.
Toll Brothers announced its FY 2024 first quarter results, featuring a 10% increase in home sales revenues to $1.93 billion and a 32% rise in earnings per share to $2.25. The company signed 2,042 net contracts for $2.06 billion, marking a substantial increase in demand, and anticipates continued strength in the new home market.
Toll Brothers reported strong Q4 results with home sales revenues of $2.95 billion and earnings per share of $4.11. The company saw a significant increase in net signed contract value, while backlog value decreased. Adjusted gross margin and SG&A margin both beat guidance.
Toll Brothers reported strong Q3 2023 results, with net income and EPS significantly up compared to the previous year. The company benefited from solid demand, low resale inventory, and a balanced spec strategy. They are raising full year guidance for deliveries, adjusted gross margin and SG&A leverage.
Toll Brothers reported record second quarter net income of $320.2 million, driven by increased demand, strategic spec home supply, and operational efficiency. The company is raising its full year guidance for almost every metric.
Toll Brothers reported a strong first quarter with net income of $191.5 million and earnings per share of $1.70. The company saw a 4% increase in home sales revenues to $1.7 billion, although home deliveries decreased by 5%. They are reaffirming their full FY 2023 guidance of an adjusted gross margin of 27.0% and $8.00 to $9.00 of earnings per share.
Toll Brothers reported strong Q4 2022 results, with net income of $640.5 million and earnings per share of $5.63. Home sales revenues increased by 21% to $3.6 billion, and adjusted gross margin improved to 29.0%. Despite a challenging market, the company is positioned for a solid FY 2023 due to a strong backlog.
Toll Brothers reported record third-quarter revenue and earnings, driven by a 230-basis point improvement in adjusted gross margin to 27.9%. EPS grew by 26% year-over-year to $2.35. However, deliveries were below guidance due to municipal inspector delays, labor shortages, supply chain disruptions, and softening demand.
Toll Brothers reported record second-quarter results, with significant growth in revenue, earnings per share, and backlog value. The company delivered 2,407 new homes, generating $2.2 billion in home building revenue. Despite moderating demand, the company maintains a positive outlook, driven by strong backlog and fundamental housing demand drivers.
Toll Brothers reported a strong first quarter in fiscal year 2022, with net income and earnings per share increasing significantly. Home sales revenues also saw a rise, driven by strong market demand and limited housing supply. The company reaffirmed its full-year projections, expecting continued growth and profitability.
Toll Brothers reported strong Q4 2021 results with a significant increase in net income, earnings per share, and home sales revenues compared to the same quarter last year. The company's backlog value also reached a record high, and they foresee continued growth and profitability in FY 2022 despite supply chain and labor constraints.
Toll Brothers reported a strong third quarter in fiscal year 2021, with net income and earnings per share more than doubling compared to the previous year. Home sales revenues increased by 37%, and net signed contracts rose by 35%. The company's backlog value also reached a record high, indicating continued strong demand for its luxury homes.
Toll Brothers announced record second-quarter results for fiscal year 2021. Net signed contract value and contracted homes reached all-time highs. The company is raising its fiscal year 2021 guidance on nearly all key metrics, expecting continued margin improvement and projecting a return on beginning equity in excess of 20% in fiscal 2022.
Toll Brothers reported a strong first quarter with significant increases in net income, earnings per share, contract value, and backlog value. The company also repurchased shares and repaid debt, reflecting financial strength and flexibility.
Toll Brothers reported strong Q4 results, exceeding expectations for sales, revenues, margins, and earnings. Net signed contracts reached a record high, and the company is experiencing the strongest housing market in 30 years.
Toll Brothers reported strong Q3 2020 results, including revenues of $1.63 billion, net income of $114.8 million, and a backlog of $6.09 billion. Net signed contracts were the highest in the company's history for the third quarter, driven by low interest rates and increased consumer focus on homeownership.
Toll Brothers reported a decrease in net income and home sales revenues compared to the same quarter last year, but the company is encouraged by recent deposit activity and web traffic. They ended the quarter with approximately $2.0 billion of liquidity.
Toll Brothers reported a decrease in net income and earnings per share for the first quarter of FY 2020, while net signed contract units and values increased. Home sales revenues slightly decreased, and home building deliveries increased. The company also repurchased a significant number of shares during the quarter.