Toll Brothers, Inc. updated its second quarter ended April 30, 2026 guidance (raised).
“Toll Brothers, Inc. issued a press release which contained its results of operations for its three-month and six-month periods ended April 30, 2026”
Toll Brothers, Inc. — fact timeline
Source-grounded facts extracted from Toll Brothers, Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
Seth J. Ring was elected as Director at Toll Brothers, Inc..
“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.”
Seth J. Ring was appointed as President and Chief Operating Officer at Toll Brothers, Inc..
“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.”
Robert Parahus departed as President and Chief Operating Officer at Toll Brothers, Inc..
“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.”
Toll Brothers, Inc. amended Term Loan Agreement (effective 2026-02-05).
“amendment, among other updates, the maturity date of $548,437,500 of loans outstanding under the Term Loan Agreement was extended from February 7, 2030 to February 5, 2031 (with $101,562,500 of outstanding loan remaining due on February 7, 2030) and the Term Loan Agreement’s interest rate provisions were adjusted to remove the SOFR Credit Spread Adjustment from substantially all outstanding loans thereunder.”
Toll Brothers, Inc. amended Revolving Credit Agreement (effective 2026-02-05).
“amendment, among other updates, the total amount of revolving loans and commitments available under the Revolving Credit Agreement was increased from $2.35 billion to $2.375 billion, the maturity date of the Revolving Credit Agreement was extended from February 7, 2030 to February 5, 2031, and the Revolving Credit Agreement’s interest rate provisions were adjusted to remove the Secured Overnight Financing Rate credit spread adjustment of ten basis points (the “SOFR Credit Spread Adjustment”).”
Toll Brothers, Inc. incurred senior notes of $500,000,000 aggregate principal amount with BofA Securities Inc., BBVA Securities, Inc., BMO Capital Markets Corp., Goldman Sachs & Co. LLC., Mizuho Securities USA LLC, PNC Capital Markets LLC, Truist Securities, Inc., U.S. Bancorp Investments, Inc., and Wells Fargo Securities, LLC at 5.600% maturing June 15, 2035.
“Investments, Inc., and Wells Fargo Securities, LLC, as representatives of the several underwriters named therein (the “Underwriters”), with respect to a public offering of $500,000,000 aggregate principal amount of its 5.600% Senior Notes due 2035 (the “Senior Notes”), guaranteed by the Company and certain of its subsidiaries. The Underwriting Agreement contains”
Toll Brothers, Inc.: Amendment to Second Restated Certificate of Incorporation to change director removal standard from 66-2/3% to majority vote of combined voting power of shares entitled to vote generally in election of directors, with or without cause (effective 2025-03-11).
“At the Annual Meeting of Stockholders (“Annual Meeting”) held on March 11, 2025, the stockholders of Toll Brothers, Inc. (the “Company”) approved a proposed amendment (the “Amendment”) to Article Five, Part IV of the Company’s Second Restated Certificate of Incorporation, as amended, to provide that a majority, rather than 66-2/3%, of the combined voting power of the then outstanding shares of stock entitled to vote generally in the election of directors, voting together as a single class, may remove any director from office, with or without cause.”
Toll Brothers, Inc. shareholders approved Advisory and Non-Binding Vote on Executive Compensation (Say on Pay) at the 2024-03-12 meeting.
“Proposal Three – Advisory and Non-Binding Vote on Executive Compensation (Say on Pay): FOR AGAINST ABSTAIN BROKER NON-VOTES 78,710,724 3,653,145 148,304 7,296,071”
Toll Brothers, Inc. shareholders approved Ratification of the Re-Appointment of Independent Registered Public Accounting Firm at the 2024-03-12 meeting.
“Proposal Two – Ratification of the Re-Appointment of Independent Registered Public Accounting Firm: FOR AGAINST ABSTAIN 86,265,525 3,356,388 186,331”
Toll Brothers, Inc. shareholders approved Election of Directors at the 2024-03-12 meeting.
“Proposal One – Election of Directors: FOR AGAINST ABSTAIN BROKER NON-VOTES Douglas C. Yearley, Jr. 78,830,896 3,634,087 47,190 7,296,071 Stephen F. East 81,900,820 558,896 52,457 7,296,071 Christine N. Garvey 80,147,047 2,314,451 50,675 7,296,071 Karen H. Grimes 81,329,029 1,124,742 58,402 7,296,071 Derek T. Kan 81,905,866 553,451 52,856 7,296,071 John A. McLean 80,958,820 1,494,089 59,264 7,296,071 Wendell E. Pritchett 81,201,738 1,249,672 60,763 7,296,071 Judith A. Reinsdorf 82,227,110 236,943 48,120 7,296,071 Katherine M. Sandstrom 76,461,876 5,997,884 52,413 7,296,071 Paul E. Shapiro 70,672,176 11,771,974 68,023 7,296,071 Scott D. Stowell 81,305,437 1,145,095 61,641 7,296,071”
Toll Brothers, Inc. reported Full fiscal year 2024 results: EPS $13.25 to $13.75 per diluted share. Guidance raised.
“Based on our first quarter results, and with a strong start to the spring selling season, we are raising our full year guidance across all key metrics. In addition, earlier this month we sold a parcel of land to a commercial developer for net cash proceeds of $180.7 million, which will result in a pre-tax land sale gain of approximately $175 million in our second quarter. Factoring in both the increase to our homebuilding guidance and the impact of the land sale, we now expect to earn between $13.25 and $13.75 per diluted share in fiscal 2024, with a return on beginning equity of approximately 21%.”
Toll Brothers, Inc. reported First quarter ended January 31, 2024 results: revenue $1.93 billion, net income $239.6 million, EPS $2.25 per diluted share.
“• Net income and earnings per share were $239.6 million and $2.25 per diluted share, compared to net income of $191.5 million and $1.70 per diluted share in FY 2023’s first quarter. • Pre-tax income was $311.2 million, compared to $253.8 million in FY 2023’s first quarter. • Home sales revenues were $1.93 billion, up 10% compared to FY 2023’s first quarter; delivered homes were 1,927, up 6%.”
Carl B. Marbach departed as Director at Toll Brothers, Inc..
“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.”
Katherine M. Sandstrom was appointed as Director at Toll Brothers, Inc..
“filled the newly created vacancy on the Board by appointing each of Judith A. Reinsdorf and Katherine M. Sandstrom as a director.”
Judith A. Reinsdorf was appointed as Director at Toll Brothers, Inc..
“filled the newly created vacancy on the Board by appointing each of Judith A. Reinsdorf and Katherine M. Sandstrom as a director.”
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.
“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;”
Toll Brothers, Inc. reported nine months ended July 31, 2023 results: revenue $6.91 billion, net income $926.5 million, EPS $8.28 per share diluted. Guidance raised.
“$5.41 per share diluted Pre-Tax Income $1.24 billion $862.6 million Pre-Tax Inventory Impairments included in Cost of Home Sales $22.4 million $10.7 million Home Sales Revenues $6.91 billion and 6,842 units $6.13 billion and 6,750 units Net Signed Contracts $5.89 billion and 6,039 units $7.75 billion and 7,069 units Home Sales Gross Margin 26.7 % 24.6 % Adjusted Home”
Toll Brothers, Inc. reported third quarter ended July 31, 2023 results: revenue $2.67 billion, net income $414.8 million, EPS $3.73 per share diluted. Guidance raised.
“$2.35 per share diluted Pre-Tax Income $553.0 million $366.0 million Pre-Tax Inventory Impairments included in Cost of Home Sales $3.4 million $6.2 million Home Sales Revenues $2.67 billion and 2,524 units $2.26 billion and 2,414 units Net Signed Contracts $2.16 billion and 2,245 units $1.66 billion and 1,266 units Net Signed Contracts per Community 6.6 units 3.9”
Toll Brothers, Inc.: Amended and restated bylaws to revise procedural and disclosure requirements for stockholder proposals and director nominations, including updates for universal proxy card rules and Delaware law (effective 2023-06-13).
“On June 13, 2023, the Board of Directors (the “Board”) of Toll Brothers, Inc. (the “Company”) approved an amendment and restatement of the bylaws of the Company (the “Amended Bylaws”), which became effective the same day.”
Toll Brothers, Inc. reported its second quarter ended April 30, 2023 results: revenue $2.5 billion, net income $320.2 million, EPS $2.85 per share diluted. Guidance raised.
“and $1.85 per share diluted in FY 2022’s second quarter. • Pre-tax income was $430.6 million, compared to $295.8 million in FY 2022’s second quarter. • Home sales revenues were $2.5 billion, up 14% compared to FY 2022’s second quarter; delivered homes were 2,492, up 4%. • Net signed contract value was $2.3 billion, down 26% compared to FY 2022’s second quarter;”
Toll Brothers, Inc. shareholders approved Advisory and Non-Binding Vote on Frequency of Vote Regarding Executive Compensation (Say on Pay Frequency) at the 2023-03-07 meeting.
“Proposal Four – Advisory and Non-Binding Vote on Frequency of Vote Regarding Executive Compensation (Say on Pay Frequency): ONE YEAR TWO YEARS THREE YEARS ABSTAIN BROKER NON-VOTES 82,491,792 42,794 4,479,043 661,191 8,675,926”
Toll Brothers, Inc. shareholders approved Advisory and Non-Binding Vote on Executive Compensation (Say on Pay) at the 2023-03-07 meeting.
“Proposal Three – Advisory and Non-Binding Vote on Executive Compensation (Say on Pay): FOR AGAINST ABSTAIN BROKER NON-VOTES 82,836,365 4,149,155 689,300 8,675,926”
Toll Brothers, Inc. shareholders approved Ratification of the Re-Appointment of Independent Registered Public Accounting Firm at the 2023-03-07 meeting.
“Proposal Two – Ratification of the Re-Appointment of Independent Registered Public Accounting Firm: FOR AGAINST ABSTAIN 91,785,735 3,915,101 649,910”
Toll Brothers, Inc. shareholders approved Election of Directors at the 2023-03-07 meeting.
“Proposal One – Election of Directors: FOR AGAINST ABSTAIN BROKER NON-VOTES Douglas C. Yearley, Jr. 84,196,145 2,831,602 647,073 8,675,926 Stephen F. East 84,006,776 3,018,253 649,791 8,675,926 Christine N. Garvey 83,095,143 3,930,742 648,935 8,675,926 Karen H. Grimes 85,321,297 1,704,909 648,614 8,675,926 Derek T. Kan 85,501,782 1,510,988 662,050 8,675,926 Carl B. Marbach 83,200,993 3,824,022 649,805 8,675,926 John A. McLean 82,747,946 4,277,964 648,910 8,675,926 Wendell E. Pritchett 82,838,298 4,187,119 649,403 8,675,926 Paul E. Shapiro 72,015,991 15,006,283 652,546 8,675,926 Scott D. Stowell 85,519,860 1,505,780 649,180 8,675,926”
Toll Brothers, Inc. reported first quarter ended January 31, 2023 results: revenue $1.75 billion, net income $191.5 million, or $1.70 per share diluted. Guidance reaffirmed.
“stated: “We are very pleased with our strong first quarter results, as we exceeded the midpoint of our guidance on all key metrics. We delivered 1,826 homes and generated $1.75 billion in home building revenue, increased our adjusted gross margin by 190 basis points year-over-year to 27.5%, and decreased our SG&A expense, as a percentage of revenue, by 130”
Toll Brothers, Inc. amended term loan of $487.5 million of outstanding term loans with Truist Bank, as Administrative Agent maturing February 14, 2028.
“On February 14, 2023 the Company, the Borrower, the several lenders party thereto, and Truist Bank, as Administrative Agent, entered into Amendment No. 5 (the “Amendment”) to the Borrower’s existing $650 million senior unsecured Term Loan Credit Agreement dated as of February 3, 2014 (as amended by Amendment No. 1, dated as of May 19, 2016, Amendment No. 2, dated as of August 2, 2016, Amendment No. 3, dated as of November 1, 2018, Amendment No. 4, dated as of October 31, 2019, and the Amendment, the “Term Loan Agreement”). Among other things, the Amendment extends the maturity date of $487.5 million of outstanding term loans to February 14, 2028”
Toll Brothers, Inc. incurred revolving credit of $1.905 billion with Mizuho Bank, Ltd. as Administrative Agent maturing February 14, 2028.
“On February 14, 2023, Toll Brothers, Inc. (the “Company”) and its wholly-owned subsidiary, First Huntingdon Finance Corp. (the “Borrower”), entered into a five-year, $1.905 billion senior unsecured revolving credit facility (the “Revolving Credit Agreement”) with the several lenders party thereto and Mizuho Bank, Ltd. as Administrative Agent.”
Toll Brothers, Inc. terminated Former Revolving Credit Agreement with lenders party thereto, Citibank, N.A. as Administrative Agent.
“In connection with the Company’s and the Borrower’s entry into the Revolving Credit Agreement, the Borrower repaid all outstanding indebtedness and other obligations under, and terminated, the Amended and Restated Credit Agreement, dated as of October 31, 2019, among the Borrower, the Company, the lenders party thereto, Citibank, N.A. as Administrative Agent and the other agents party thereto (the “Former Revolving Credit Agreement”), which provided for up to $1.905 billion of total borrowing capacity”
Toll Brothers, Inc. amended Amendment No. 5 with Truist Bank, as Administrative Agent (effective 2023-02-14).
“On February 14, 2023 the Company, the Borrower, the several lenders party thereto, and Truist Bank, as Administrative Agent, entered into Amendment No. 5 (the “Amendment”) to the Borrower’s existing $650 million senior unsecured Term Loan Credit Agreement dated as of February 3, 2014”
Toll Brothers, Inc. entered into Revolving Credit Agreement with several lenders party thereto and Mizuho Bank, Ltd. as Administrative Agent valued at $1.905 billion (effective 2023-02-14).
“On February 14, 2023, Toll Brothers, Inc. (the “Company”) and its wholly-owned subsidiary, First Huntingdon Finance Corp. (the “Borrower”), entered into a five-year, $1.905 billion senior unsecured revolving credit facility (the “Revolving Credit Agreement”) with the several lenders party thereto and Mizuho Bank, Ltd. as Administrative Agent.”
Toll Brothers, Inc. reported Fiscal Year 2023 results: EPS $8.00 to $9.00. Guidance initiated.
“We are projecting an adjusted gross margin of 27.0% and earnings per share of $8.00 to $9.00 in FY 2023.”
Toll Brothers, Inc. reported Fiscal Year 2022 results: revenue $9.71 billion, net income $1.29 billion, EPS $10.90.
“• Net income was $1.29 billion, and earnings per share were $10.90 diluted, compared to net income of $833.6 million and $6.63 per share diluted in FY 2021. • Pre-tax income was $1.70 billion, compared to $1.10 billion in FY 2021. • Home sales revenues were $9.71 billion, up 15% compared to FY 2021; delivered homes were 10,515, up 5%.”
Toll Brothers, Inc. reported Fourth Quarter 2022 results: revenue $3.6 billion, net income $640.5 million, EPS $5.63.
“• Net income and earnings per share were $640.5 million and $5.63 per share diluted, compared to net income of $374.3 million and $3.02 per share diluted in FY 2021’s fourth quarter. As previously disclosed, net income in the fourth quarter includes a $138.4 million net pre-tax benefit primarily related to the settlement of the Company's claims associated with a natural gas leak that occurred in Southern California in late 2015. • Pre-tax income was $841.1 million, compared to $499.7 million in FY 2021’s fourth quarter. • Home sales revenues were $3.6 billion, up 21% compared to FY 2021’s fourth quarter; delivered homes were 3,765, up 13%.”
Derek T. Kan was appointed as director at Toll Brothers, Inc..
“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.”
Richard J. Braemer departed as director at Toll Brothers, Inc..
“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.”
Scott D. Stowell was appointed as director at Toll Brothers, Inc..
“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.”
Robert Parahus changed role as President and Chief Operating Officer at Toll Brothers, Inc..
“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.”
James W. Boyd departed as Executive Vice President and Co-Chief Operating Officer at Toll Brothers, Inc..
“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.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.