---
schema_version: "secwatch.filing_event.v1"
accession: "0000794170-21-000044"
form_type: "8-K"
ticker: "TOL"
cik: "0000794170"
company_name: "Toll Brothers, Inc."
filed_at: "2021-08-24T23:59:59+00:00"
generated_at: "2026-06-29T08:15:35.846172+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Toll Brothers Q3 net income doubles to $234.9M; record backlog $9.44B; guides FY2022 margins up

## Summary
- Net income $234.9M ($1.87 diluted EPS) vs $114.8M ($0.90) YoY; home sales revenue $2.23B (+37%).
- Net signed contracts $2.98B record (+35%); backlog $9.44B record (+55%); adjusted home sales gross margin 25.6%.
- Full FY2021 guidance: deliveries 10,100 units; avg price ~$830k; adjusted margin 24.9%; tax rate 24.6%.
- Strategic partnership with Equity Residential for rental communities in 7 metro markets.
- Repurchased 1.7M shares in Q3 at avg $57.66; paid quarterly dividend $0.17/share.

## SEC filing metadata
- accession: 0000794170-21-000044
- form_type: 8-K
- ticker: TOL
- cik: 0000794170
- company_name: Toll Brothers, Inc.
- filed_at: 2021-08-24T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01, 99.1
- EDGAR index: https://www.sec.gov/Archives/edgar/data/794170/000079417021000044/0000794170-21-000044-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/794170/000079417021000044/tol-20210824.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000794170-21-000044
- JSON: https://secwatch.observer/filing/0000794170-21-000044.json
- Plain text: https://secwatch.observer/filing/0000794170-21-000044.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.