earnings
confidence high
sentiment positive
materiality 0.90
Toll Brothers Reports Record FY 2024 Results: Revenue $10.56B, EPS $15.01
Toll Brothers, Inc.
2024-FY EPS reported
$15.01
revenue$10,846,740,000
- Full-year home sales revenue hit a record $10.56 billion, up 7% year-over-year; net income rose to $1.57 billion from $1.37 billion.
- Fourth-quarter net signed contract value increased 32% to $2.66 billion; delivered homes rose 25% to 3,431 units.
- For FY 2025, Toll Brothers expects 11,200–11,600 deliveries and adjusted home sales gross margin of 27.25%.
- In FY 2024, the company repurchased ~4.9 million shares for $627.9 million and paid a quarterly dividend of $0.23 per share.
- Ended FY 2024 with 408 selling communities, up from 370 a year earlier, and owned/controlled ~74,700 lots.