Toll Brothers, Inc.

For the period ended Apr 30, 2025. Filed May 29, 2025.

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, 2025 · Filed May 29, 2025

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

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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,
	2025	2024	2025	2024
Revenues:
Home sales	$2,706,453	$2,647,020	$4,547,229	$4,578,856
Land sales and other	32,624	190,466	50,979	206,478
	2,739,077	2,837,486	4,598,208	4,785,334
Cost of revenues:
Home sales	2,002,218	1,963,283	3,383,698	3,362,509
Land sales and other	31,421	12,979	49,527	23,140
	2,033,639	1,976,262	3,433,225	3,385,649
Selling, general and administrative	255,760	237,698	496,174	467,744
Income from operations	449,678	623,526	668,809	931,941
Other:
Income (loss) from unconsolidated entities	11,489	5,887	2,746	(3,285)
Other income – net	16,336	20,366	27,330	32,284
Income before income taxes	477,503	649,779	698,885	960,940
Income tax provision	125,056	168,162	168,735	239,765
Net income	$352,447	$481,617	$530,150	$721,175
Other comprehensive (loss) income – net of tax	(2,242)	2,815	(3,147)	(1,083)
Total comprehensive income	$350,205	$484,432	$527,003	$720,092
Per share:
Basic earnings	$3.53	$4.60	$5.28	$6.87
Diluted earnings	$3.50	$4.55	$5.24	$6.80
Weighted-average number of shares:
Basic	99,890	104,794	100,360	104,958
Diluted	100,585	105,803	101,208	106,034

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.