---
schema_version: "secwatch.filing_event.v1"
accession: "0000794170-22-000029"
form_type: "8-K"
ticker: "TOL"
cik: "0000794170"
company_name: "Toll Brothers, Inc."
filed_at: "2022-08-23T23:59:59+00:00"
generated_at: "2026-06-23T22:06:52.775166+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Toll Brothers Q3 EPS $2.35 up 26% YoY, but new contracts plunge 44%; FY22 deliveries guidance cut

## Summary
- Net income $273.5M ($2.35 diluted EPS) vs $234.9M ($1.87) a year ago; revenue $2.3B up 1%.
- Net signed contract value $1.66B, down 44% YoY; contracted homes 1,266, down 60%.
- Backlog $11.2B up 19%; home sales gross margin 26.0% vs 22.7%.
- FY2022 delivery guidance lowered to 10,000-10,300 units from prior view; Q4 adj. gross margin guided 29.2%.
- Repurchased ~2M shares for $91.6M at avg. $44.93; quarterly dividend $0.20 paid in July.

## SEC filing metadata
- accession: 0000794170-22-000029
- form_type: 8-K
- ticker: TOL
- cik: 0000794170
- company_name: Toll Brothers, Inc.
- filed_at: 2022-08-23T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01, 99.1
- EDGAR index: https://www.sec.gov/Archives/edgar/data/794170/000079417022000029/0000794170-22-000029-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/794170/000079417022000029/tol-20220823.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000794170-22-000029
- JSON: https://secwatch.observer/filing/0000794170-22-000029.json
- Plain text: https://secwatch.observer/filing/0000794170-22-000029.txt

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