Highest-materiality recent filing
Toll Brothers Q3 FY2026 EPS $2.97, revenue $2.65B, down YoY; reaffirms FY guidance
Q3 net income $280.1M ($2.97 diluted EPS) vs $369.6M ($3.73) a year ago; home sales revenue $2.65B vs $2.88B.
Toll Brothers Q2 EPS $2.72, down 22% YoY; orders up 7%; raises FY guidance
Net income $260.6M ($2.72 diluted EPS) vs $352.4M ($3.50) in Q2 FY2025; home sales revenue $2.51B, down 7%.
Toll Brothers: COO Parahus retiring June 30; EVP Seth Ring named successor
Robert Parahus to retire as President/COO effective June 30, 2026; will serve as senior advisor through June 2027 at $1.85M total comp.
Toll Brothers appoints Karl K. Mistry CEO; Douglas Yearley becomes Executive Chairman
Karl K. Mistry appointed CEO effective March 30, 2026, succeeding Douglas C. Yearley Jr.
Toll Brothers shareholders elect 9 directors, ratify auditor, approve say-on-pay
All 9 management director nominees elected; Stephen F. East received highest votes (69.8M for), Katherine M. Sandstrom lowest (64.2M for).
Toll Brothers Q1 FY2026 EPS $2.19, revenue $1.85B, beats guidance on margins and earnings
Net income $210.9M ($2.19 diluted EPS) vs $177.7M ($1.75) in prior year, EPS up 25%.
Toll Brothers upsizes revolver to $2.375B, extends maturities, removes SOFR spread
Revolving credit facility increased to $2.375B from $2.35B; maturity extended to Feb 2031.
Karl Mistry, EVP since 2021, promoted to CEO effective March 30, 2026; also to join Board.
Toll Brothers CAO Michael Grubb to retire Feb 2, 2026; Erica Mainardi to succeed
Michael J. Grubb, 61, SVP and CAO, notified retirement effective February 2, 2026.
Toll Brothers Q4 EPS $4.58 vs $4.63; revenue up to $3.41B; FY2026 deliveries guided 10,300-10,700
Q4 net income $446.7M, diluted EPS $4.58 (vs $4.63); pre-tax income $593M (down from $621.1M).
Kennedy Wilson acquires Toll Brothers' Apartment Living platform for $347M; adds >$5B AUM
Kennedy Wilson to buy Toll Brothers Apartment Living platform for $347M; close expected Oct 2025.
Toll Brothers reports FY 2025 Q3 net income of $369.6M, EPS $3.73, home sales revenues up 6%
Net income $369.6M, diluted EPS $3.73, vs $374.6M and $3.60 in prior-year quarter.
Toll Brothers CFO Martin Connor to retire Oct 31, 2025; Gregg Ziegler named successor
Martin Connor retiring as CFO effective Oct 31, 2025; will stay as senior advisor through Oct 2026 at $2.5M total comp.
Toll Brothers to redeem all $350M 4.875% Senior Notes due 2025 on July 15
Issuer Toll Brothers Finance Corp. will redeem all $350M principal of 4.875% Notes due 2025.
$500M aggregate principal, 5.600% interest, matures June 15, 2035; semi-annual interest begins Dec 15, 2025.
Toll Brothers beats Q2 earnings expectations with $3.50 EPS; record revenue $2.71B
Net income $352.4M ($3.50 diluted EPS) vs $481.6M ($4.55) prior year; prior year included $124.1M land sale gain.
Toll Brothers shareholders approve lowering director removal threshold to majority vote
Amendment to certificate of incorporation reduces supermajority requirement from 66-2/3% to majority for director removal.
Toll Brothers Q1 earnings miss: EPS $1.75 vs $2.25; revenue down 5%
Net income $177.7M ($1.75 diluted EPS), down from $239.6M ($2.25) in prior Q1.
Toll Brothers extends revolver to 2030, ups capacity to $2.35B
Senior unsecured revolver maturity extended from Feb 2028 to Feb 7, 2030; commitments increased from $1.955B to $2.35B.
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.
Toll Brothers Q3 EPS $3.60, revenue up 2% to $2.72B; raises FY24 guidance
Net income $374.6M ($3.60 diluted) vs $414.8M ($3.73) in Q3 FY23; revenue $2.72B +2% YoY.
Toll Brothers Q2 EPS $4.55 beats; raises FY guidance to ~$14.00; contracts up 30%
Net income $481.6M ($4.55 diluted EPS) vs $320.2M ($2.85) YoY; includes $124.1M land-sale gain.
Toll Brothers shareholders re-elect all 11 directors, ratify auditor at 2024 annual meeting
All 11 director nominees elected; Paul E. Shapiro received 70.7M for, 11.8M against.
Toll Brothers Q1 EPS $2.25, up 32% YoY; raises FY2024 EPS forecast to $13.25-$13.75
Diluted EPS of $2.25 vs $1.70; net income $239.6M, up 25%.
Quarterly dividend of $0.21/share payable Jan 26, 2024 to holders of record Jan 12, 2024.
Toll Brothers reports record FY2023 EPS of $12.36; Q4 EPS $4.11, contracts surge 72%
FY2023 net income $1.37B ($12.36 diluted EPS), up 13% YoY; home sales revenues $9.87B, up 2%.
Toll Brothers Q3 EPS $3.73 beats; raises full-year guidance
Q3 net income $414.8M ($3.73 diluted EPS) vs $273.5M ($2.35) YoY; home sales rev $2.7B +19%.
Toll Brothers amends bylaws to update stockholder nomination and proposal procedures
Board approved amended bylaws effective June 13, 2023, updating procedural and disclosure requirements for stockholder proposals and director nominations.
Toll Brothers Q2 net income $320.2M, EPS $2.85 beats; raises FY guidance
Net income $320.2M ($2.85 diluted EPS) vs $220.6M ($1.85) YoY; home sales rev $2.49B +14%.
All 10 director nominees elected; votes 'for' ranged from ~72M (Shapiro) to ~85.5M (Stowell).
Toll Brothers Q1 EPS $1.70 beats guidance; reaffirms FY2023 outlook
Net income $191.5M ($1.70 diluted EPS) vs $151.9M ($1.24) YoY; pre-tax income up 26% to $253.8M.
New $1.905B senior unsecured revolving credit facility matures February 14, 2028; capacity can increase to $3.0B.
Toll Bros Q4 EPS $5.63 vs $3.02 YoY; contracts slump 56% on rate headwinds; guides FY23 EPS $8-$9
Net income $640.5M ($5.63 diluted) vs $374.3M ($3.02) YoY; includes $138.4M benefit from SoCal Gas leak settlement.
Toll Brothers settles Aliso Canyon gas leak claims for $192.5M, expects $138M pre-tax benefit in Q4
Settlement with Southern California Gas Company for $192.5 million resolves claims from October 2015-February 2016 Aliso Canyon gas leak.
Toll Brothers Q3 EPS $2.35 up 26% YoY, but new contracts plunge 44%; FY22 deliveries guidance cut
Net income $273.5M ($2.35 diluted EPS) vs $234.9M ($1.87) a year ago; revenue $2.3B up 1%.
Toll Brothers Q2 EPS $1.85, revenue up 19% to $2.2B; backlog record $11.7B
Net income $220.6M vs $127.9M; diluted EPS $1.85 vs $1.01 YoY; home sales gross margin 24.1% vs 21.9%.
Toll Brothers annual meeting elects all 10 director nominees, approves auditor and say-on-pay
All 10 director nominees elected with at least 95.5M for votes; largest vote against was Carl B. Marbach with 4.0M against.
Toll Brothers Q1 EPS $1.24, revenue $1.69B +20%, backlog $10.8B; guidance reaffirmed
Net income $151.9M ($1.24 diluted EPS) vs $96.5M ($0.76) a year ago; pre-tax income $200.8M.
Toll Brothers appoints Derek T. Kan to Board of Directors
Board expanded from 11 to 12 directors; Derek T. Kan appointed effective Dec 10, 2021.
Toll Brothers Q4 EPS $3.02, revenue $2.95B (+18% YoY); guides FY2022 revenue up 20%
Net income $374.3M ($3.02 diluted EPS) nearly doubled from $199.3M ($1.55) in Q4 FY2020.
Toll Brothers sets compensation for new President & COO Parahus: $1M base, $2M cash target, $1M LTI
Annual base salary of $1,000,000 effective November 1, 2021.
Toll Brothers extends $1.78B revolver and $584.4M term loan maturities to 2026
Extended $1.78B of $1.905B revolving credit facility from Nov 2025 to Nov 2026; $125M remains due 2025.
Toll Brothers appoints Scott Stowell to board; Braemer to step down in March 2022
Scott Stowell, former CalAtlantic chairman and ex-Standard Pacific CEO, joins board effective Nov 1, 2021.
Toll Brothers promotes Robert Parahus to President & COO; James Boyd to retire after 30 years
James W. Boyd will retire as EVP and Co-COO effective Oct 31, 2021, and from all positions Dec 31, 2021.
Toll Brothers Q3 net income doubles to $234.9M; record backlog $9.44B; guides FY2022 margins up
Net income $234.9M ($1.87 diluted EPS) vs $114.8M ($0.90) YoY; home sales revenue $2.23B (+37%).
The Board of Directors (the “Board”) of the Company has appointed Seth J. Ring, currently an Executive Vice President of the Company, to succeed Mr. Parahus upon his retirement.
On May 12, 2026, Mr. Robert Parahus notified Toll Brothers, Inc. (the “Company”), of his decision to retire as President and Chief Operating Officer effective June 30, 2026.
Also effective June 30, 2026, the Board approved an increase in its size to 11 members and elected Mr. Ring to fill the vacancy, with a term expiring at the 2027 annual meeting of stockholders and until his successor is duly elected and qualified.
filled the newly created vacancy on the Board by appointing each of Judith A. Reinsdorf and Katherine M. Sandstrom as a director.
filled the newly created vacancy on the Board by appointing each of Judith A. Reinsdorf and Katherine M. Sandstrom as a director.
Carl B. Marbach, age 82, has informed the Company that he will not stand for re-election and will step down from the Board at its annual meeting of stockholders on March 12, 2024.
increased the size of its Board from eleven to twelve directors and filled the newly created vacancy on the Board by appointing Derek T. Kan as a director.
On October 15, 2021, the Board of Directors (the “Board”) of Toll Brothers, Inc. (the “Company”) increased the size of the Board from ten to eleven directors and filled the newly created vacancy on the Board by appointing Scott D. Stowell as a director, in each case, effective November 1, 2021.
In addition, Richard J. Braemer, age 80, has informed the Company that he will not stand for re-election and will step down from the Board at its annual meeting of stockholders in March 2022.
Mr. Robert Parahus, who is currently an Executive Vice President and Mr. Boyd’s Co-Chief Operating Officer, will assume the role of President and Chief Operating Officer effective November 1, 2021.
Mr. James W. Boyd notified Toll Brothers, Inc. (the “Company”) that he will retire from his role as Executive Vice President and Co-Chief Operating Officer effective October 31, 2021 and will retire from all other positions with the Company and its subsidiaries effective December 31, 2021.
Max materiality 0.90 · Median 0.70 · Most common event earnings