{"schema_version":"secwatch.filing_event.v1","accession":"0000794170-23-000058","form_type":"8-K","ticker":"TOL","cik":"0000794170","company_name":"Toll Brothers, Inc.","filed_at":"2023-12-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.019698+00:00","generated_at":"2026-06-07T18:23:59.810145+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 reports record FY2023 EPS of $12.36; Q4 EPS $4.11, contracts surge 72%","bullets":["FY2023 net income $1.37B ($12.36 diluted EPS), up 13% YoY; home sales revenues $9.87B, up 2%.","Q4 net income $445.5M ($4.11 diluted EPS); home sales revenues $2.95B on 2,755 homes, down 18% but above guidance midpoint by $211M.","Q4 net signed contracts $2.01B (2,038 homes), up 72% in units YoY; backlog $6.95B (6,578 homes).","Adjusted home sales gross margin for Q4 29.1% (60 bps above guidance); FY2023 adj margin 28.7%.","FY2024 guidance: deliveries 9,850-10,350 units; Q1 deliveries 1,800-1,900; community count to grow ~10%."],"urls":{"canonical":"https://secwatch.observer/filing/0000794170-23-000058","json":"https://secwatch.observer/filing/0000794170-23-000058.json","markdown":"https://secwatch.observer/filing/0000794170-23-000058.md","text":"https://secwatch.observer/filing/0000794170-23-000058.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/794170/000079417023000058/0000794170-23-000058-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/794170/000079417023000058/tol-20231205.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T18:23:59.810145+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":"e0f9679c4dedb66c59ff86c67f6f5a0ff67016e2","claim":"Toll Brothers, Inc. reported the three-month and twelve-month periods ended October 31, 2023 results: revenue $2.95 billion, net income $445.5 million, EPS $4.11 per share diluted. Guidance initiated.","evidence_excerpt":"net after-tax benefit related to a litigation settlement. • Pre-tax income was $605.0 million, compared to $841.1 million in FY 2022’s fourth quarter. • Home sales revenues were $2.95 billion, down 18% compared to FY 2022’s fourth quarter; delivered homes were 2,755, down 27%. • Net signed contract value was $2.01 billion, up 53% compared to FY 2022’s fourth quarter;","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/794170/000079417023000058/0000794170-23-000058-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three-month and twelve-month periods ended October 31, 2023"},{"label":"Revenue","value":"$2.95 billion"},{"label":"Net income","value":"$445.5 million"},{"label":"EPS","value":"$4.11 per share diluted"},{"label":"Guidance","value":"initiated"},{"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"}