secwatch.observer — SEC 8-K summary
======================================

Issuer:     Toll Brothers, Inc. (TOL)
CIK:        0000794170
Form:       8-K
Filed at:   2024-12-09T23:59:59+00:00
Accession:  0000794170-24-000046
Event type: earnings
Sentiment:  positive
Materiality: 0.90
Item codes: 2.02, 9.01, 99.1
LLM model:  deepseek-v4-flash:cloud

Toll Brothers Reports Record FY 2024 Results: Revenue $10.56B, EPS $15.01
-------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/794170/000079417024000046/0000794170-24-000046-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/794170/000079417024000046/tol-20241209.htm
  HTML page:      https://secwatch.observer/filing/0000794170-24-000046

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