Seth J. Ring
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.
Highest-materiality recent filing
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.
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.
Max materiality 0.90 · Median 0.65 · Most common event earnings