{"schema_version":"secwatch.filing_event.v1","accession":"0000794170-23-000051","form_type":"8-K","ticker":"TOL","cik":"0000794170","company_name":"Toll Brothers, Inc.","filed_at":"2023-08-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.664995+00:00","generated_at":"2026-06-11T05:52:36.320833+00:00","sec_items":["2.02","9.01","99.1"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Toll Brothers Q3 EPS $3.73 beats; raises full-year guidance","bullets":["Q3 net income $414.8M ($3.73 diluted EPS) vs $273.5M ($2.35) YoY; home sales rev $2.7B +19%.","Net signed contracts $2.2B (+30% value, +77% units YoY); backlog $7.9B (-30%).","Adjusted home sales gross margin 29.3% vs 27.9% YoY; SG&A margin 8.6% vs 10.3%.","Raised FY2023 guidance: deliveries 9,500-9,600, adj. gross margin 28.5%, SG&A 9.4%.","Repurchased ~1.9M shares for $147.3M; S&P upgraded to investment grade; net debt-to-capital 20.5%."],"urls":{"canonical":"https://secwatch.observer/filing/0000794170-23-000051","json":"https://secwatch.observer/filing/0000794170-23-000051.json","markdown":"https://secwatch.observer/filing/0000794170-23-000051.md","text":"https://secwatch.observer/filing/0000794170-23-000051.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/794170/000079417023000051/0000794170-23-000051-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/794170/000079417023000051/tol-20230822.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T05:52:36.320833+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"36dacfcbf759326adaf9d553dacf697575d47fb8","claim":"Toll Brothers, Inc. reported third quarter ended July 31, 2023 results: revenue $2.67 billion, net income $414.8 million, EPS $3.73 per share diluted. Guidance raised.","evidence_excerpt":"$2.35 per share diluted Pre-Tax Income $553.0 million $366.0 million Pre-Tax Inventory Impairments included in Cost of Home Sales $3.4 million $6.2 million Home Sales Revenues $2.67 billion and 2,524 units $2.26 billion and 2,414 units Net Signed Contracts $2.16 billion and 2,245 units $1.66 billion and 1,266 units Net Signed Contracts per Community 6.6 units 3.9","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/794170/000079417023000051/0000794170-23-000051-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter ended July 31, 2023"},{"label":"Revenue","value":"$2.67 billion"},{"label":"Net income","value":"$414.8 million"},{"label":"EPS","value":"$3.73 per share diluted"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"cf782e773265e786b22a3fa5772122fa8cdf84a1","claim":"Toll Brothers, Inc. reported nine months ended July 31, 2023 results: revenue $6.91 billion, net income $926.5 million, EPS $8.28 per share diluted. Guidance raised.","evidence_excerpt":"$5.41 per share diluted Pre-Tax Income $1.24 billion $862.6 million Pre-Tax Inventory Impairments included in Cost of Home Sales $22.4 million $10.7 million Home Sales Revenues $6.91 billion and 6,842 units $6.13 billion and 6,750 units Net Signed Contracts $5.89 billion and 6,039 units $7.75 billion and 7,069 units Home Sales Gross Margin 26.7 % 24.6 % Adjusted Home","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/794170/000079417023000051/0000794170-23-000051-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"nine months ended July 31, 2023"},{"label":"Revenue","value":"$6.91 billion"},{"label":"Net income","value":"$926.5 million"},{"label":"EPS","value":"$8.28 per share diluted"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}