Financial FAQ

Financial FAQS

Toll Brothers fiscal year ends on October 31st.

  • Fiscal Q1 ends January 31st.
  • Fiscal Q2 ends April 30th.
  • Fiscal Q3 ends July 31st.
  • Fiscal Q4 ends October 31st.
  • Fiscal Q1 results are generally announced in the last 10 days of February.
  • Fiscal Q2 results are generally announced in the last 10 days of May.
  • Fiscal Q3 results are generally announced in the last 10 days of August.
  • Fiscal Q4 results are generally announced in the first 10 days of December.

We do not currently have a plan in place to sell stock directly to the public. From time to time, Toll Brothers reviews various plans for direct stock purchase. If a decision were made to launch such a program, the Company would publicize it and shareholders likely would find such information on our website.

The Company's Board of Directors approved the initiation of a quarterly cash dividend to shareholders. The first dividend of $0.08 per share was paid on April 28, 2017 to shareholders of record on the close of business on April 14, 2017. Toll Brothers does not offer a dividend reinvestment program at this time.

Yes. Toll Brothers has a mailing list for financial information. Also, for your convenience, the Investor Relations Department has made recent financial statements and all press releases available on our website. To add your name to our IR mailing list, you can fill out the "Investor Information Request" located on the Investor Relations page.

  • Standard & Poor's rates Toll Brothers BB+.
  • Moody's Investor Service rates Toll Brothers Ba1.
  • Fitch Inc. rates Toll Brothers BBB-.

American Stock Transfer and Trust Company
6201 15th Avenue
Brooklyn, NY 11219

Below is a history of Toll Brothers' stock splits. Toll Brothers trades on the New York Stock Exchange and the Pacific Exchange. Our Initial Public Offering (IPO) was July 8, 1986, at $12.50/share (approximately $1.04/share today, on a split-adjusted basis).

DescriptionDateMarket Price
Before Split
Initial Public Offering07/08/86$12.50
3-for-2 Split02/26/87$27.75*
2-for-1 Split04/20/87$26.50*
2-for-1 Split03/28/02$49.85*
2-for-1 Split07/08/05$103.96*

*Closing price on the New York Stock Exchange.

There are many Internet resources for this type of financial data, including Google Finance, Yahoo Finance and

Toll Brothers, Inc. is listed under SIC Code #1531.

To calculate the Wall Street Consensus, approximately twenty Wall Street analysts submit their quarterly earnings estimates to Thomson Reuters I/B/E/S, Zacks, First Call and other reporting agencies. As policy, we do not endorse these estimates. Information regarding current consensus estimates can be found on various Internet sites, such as

The Company provides financial guidance in its quarter earnings conference call. This information is posted on our website and is also filed with the SEC.

Toll Brothers is included in over 60 indices, among them are the S&P Mid Cap 400, the Russell 1000 and the Philadelphia Housing Index.

The CUSIP number for Toll Brothers' common stock is 889478103.

Toll Brothers was incorporated in May 1986 and is a Delaware corporation. Prior to that time, the company operated through predecessor entities beginning in 1967. Brothers Robert I. Toll (Chairman Emeritus) and Bruce E. Toll co-founded the Company's predecessor operations in 1967. The Company went public in July 1986.

At October 31, 2018 Toll Brothers had 4,900 full time employees nationwide.

As of December 17, 2018 there were 145,500,000 shares of common stock outstanding.

Toll Brothers, Inc. is the nation's leading builder of luxury homes. The Company began business in 1967 and became a public company in 1986. Its common stock is listed on the New York Stock Exchange under the symbol "TOL". The Company serves move-up, empty-nester, active-adult, and second-home buyers, as well as urban and suburban renters. It operates in 22 states: Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia (Toll Brothers Apartment Living), Idaho, Illinois, Maryland, Massachusetts, Michigan, Nevada, New Jersey, New York, North Carolina, Oregon, Pennsylvania, Texas, Utah, Virginia, and Washington, as well as in the District of Columbia.

Toll Brothers builds luxury single-family detached and attached home communities, master planned luxury residential resort-style golf communities and urban low-, mid- and high-rise communities, principally on land it develops and improves. The Company acquires and develops rental apartment and commercial properties through Toll Brothers Apartment Living, Toll Brothers Campus Living, and the affiliated Toll Brothers Realty Trust, and develops urban low-, mid-, and high-rise for-sale condominiums through Toll Brothers City Living. The Company operates its own architectural, engineering, mortgage, title, land development and land sale, golf course development and management and landscape subsidiaries. Toll Brothers also operates its own security company, TBI Smart Home Solutions, which also provides homeowners with home automation and technology options. The Company also operates its own lumber distribution, and house component assembly and manufacturing operations. Through its Gibraltar Real Estate Capital joint venture, the Company provides builders and developers with land banking, non-recourse debt and equity capital.

In 2019, Toll Brothers was named World's Most Admired Home Building Company in Fortune magazine's survey of the World's Most Admired Companies, the fifth year in a row it has been so honored. Toll Brothers was named 2014 Builder of the Year by Builder magazine and is honored to have been awarded Builder of the Year in 2012 by Professional Builder magazine, making it the first two-time recipient. Toll Brothers proudly supports the communities in which it builds; among other philanthropic pursuits, the Company sponsors the Toll Brothers Metropolitan Opera International Radio Network, bringing opera to neighborhoods throughout the world. For more information,

Toll Brothers, Inc. currently operates in the following markets:

  • Philadelphia, Pennsylvania metropolitan area
  • Lehigh Valley area of Pennsylvania
  • Central and northern New Jersey
  • Virginia and Maryland suburbs of Washington, D.C.
  • District of Columbia
  • Boston, Massachusetts, metropolitan area
  • Fairfield, Hartford, and New Haven Counties, Connecticut
  • Westchester and Dutchess County, New York
  • Boroughs of Manhattan and Brooklyn in New York City
  • Los Angeles, California, metropolitan area
  • San Francisco Bay, Sacramento, and San Jose areas of northern California
  • San Diego and Palm Springs, California areas
  • Phoenix, Arizona, metropolitan area
  • Raleigh and Charlotte, North Carolina, metropolitan areas
  • Dallas, Houston, and Austin, Texas, metropolitan areas
  • Southeast and southwest coasts and the Jacksonville and Orlando areas of Florida
  • Las Vegas and Reno, Nevada, metropolitan areas
  • Detroit, Michigan, metropolitan area
  • Chicago, Illinois, metropolitan area
  • Denver, Colorado, metropolitan area and Fort Collins, Colorado
  • Seattle, Washington, metropolitan area, and
  • Boise, Idaho, metropolitan area

The Company continues to explore additional geographic areas for expansion.

The following table lists the states in which the Company operates and the fiscal years in which the Company commenced operations:

State Fiscal Year of Entry
New Jersey1982
New York1993
North Carolina1994

Toll Brothers has made nine acquisitions: Geoffrey H. Edmunds in Scottsdale, Arizona (1995), Coleman Homes' Las Vegas Division (1998), Silverman Homes in metro Detroit (1999), Richard R. Dostie (2003) and The Manhattan Building Company (2003) in northern New Jersey, the central Florida Division of Landstar Homes (2005), CamWest Development LLC in Seattle, Washington (2011), Shapell Industries, Inc. in California (2014), and Coleman Homes in Boise, Idaho (2016).

Toll Brothers' independent registered public accounting firm is Ernst & Young LLP (Philadelphia, Pennsylvania).

$250,000,000 of senior notes at 6.75% due November 2019.
$420,000,000 of senior notes at 5.875% due February 2022.
$400,000,000 of senior notes at 4.375% due April 2023.
$250,000,000 of senior notes at 5.625% due January 2024.
$350,000,000 of senior notes at 4.875% due November 2025.
$450,000,000 of senior notes at 4.875% due March 2027.
$400,000,000 of senior notes at 4.350% due February 2028.

The Bank of New York Mellon
227 W. Monroe Street
26th Floor
Chicago, IL 60606