secwatch.observer — SEC 8-K summary
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Issuer:     Toll Brothers, Inc. (TOL)
CIK:        0000794170
Form:       8-K
Filed at:   2021-12-07T23:59:59+00:00
Accession:  0000794170-21-000069
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01, 99.1
LLM model:  deepseek-v4-flash:cloud@v2

Toll Brothers Q4 EPS $3.02, revenue $2.95B (+18% YoY); guides FY2022 revenue up 20%
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- Net income $374.3M ($3.02 diluted EPS) nearly doubled from $199.3M ($1.55) in Q4 FY2020.
- Home sales revenues $2.95B (+18%), deliveries 3,341 units (+14%); net signed contracts $3.00B (+10%).
- Adjusted home sales gross margin improved 190 bps to 25.9% from 24.0%; full-year ROE 17.1%.
- Backlog value $9.50B (+49%), homes in backlog 10,302 (+32%); average price in backlog $922,100.
- FY2022 guidance: deliveries 11,250-12,000 units; adjusted gross margin ~27.5%; revenue growth ~20%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/794170/000079417021000069/0000794170-21-000069-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/794170/000079417021000069/tol-20211207.htm
  HTML page:      https://secwatch.observer/filing/0000794170-21-000069

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer