Toll Brothers Inc

For the period ended Apr 30, 2024. Filed May 31, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Apr 30, 2024 · Filed May 31, 2024

TOL$152.19-2.6%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Condensed Consolidated Statements of Operations and Comprehensive Income (Unaudited)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME

(Amounts in thousands, except per share data)

	Three months ended April 30,		Six months ended April 30,
	2024	2023	2024	2023
Revenues:
Home sales	$2,647,020	$2,490,098	$4,578,856	$4,239,520
Land sales and other	190,466	16,881	206,478	47,628
	2,837,486	2,506,979	4,785,334	4,287,148
Cost of revenues:
Home sales	1,963,283	1,832,878	3,362,509	3,133,801
Land sales and other	12,979	20,850	23,140	63,285
	1,976,262	1,853,728	3,385,649	3,197,086
Selling, general and administrative	237,698	227,537	467,744	439,034
Income from operations	623,526	425,714	931,941	651,028
Other:
Income (loss) from unconsolidated entities	5,887	(5,302)	(3,285)	(9,735)
Other income – net	20,366	10,180	32,284	43,095
Income before income taxes	649,779	430,592	960,940	684,388
Income tax provision	168,162	110,376	239,765	172,642
Net income	$481,617	$320,216	$721,175	$511,746
Other comprehensive income (loss) – net of tax	2,815	(279)	(1,083)	(3,743)
Total comprehensive income	$484,432	$319,937	$720,092	$508,003
Per share:
Basic earnings	$4.60	$2.88	$6.87	$4.60
Diluted earnings	$4.55	$2.85	$6.80	$4.56
Weighted-average number of shares:
Basic	104,794	111,214	104,958	111,306
Diluted	105,803	112,184	106,034	112,260

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.