Toll Brothers Q4 home sales revenue rises 5%

Toll Brothers

08/12/2025 21:39

Overview

Toll Brothers Q4 home sales revenue rises to $3.41 bln, up from $3.26 bln last year

Net income for Q4 falls to $446.7 mln from $475.4 mln last year

The homebuilder repurchased 1.8 mln shares for $249.1 mln

Outlook

Toll Brothers expects Q1 deliveries of 1,800 - 1,900 units

Company anticipates FY 2026 deliveries of 10,300 - 10,700 units

Average delivered price per home expected at $985,000 to $995,000 in Q1

Toll Brothers projects FY 2026 average home price at $970,000 to $990,000

Company expects Q1 adjusted home sales gross margin of 26.25%

FY 2026 adjusted home sales gross margin projected at 26.00%

Result Drivers

INVENTORY MANAGEMENT - Co focused on managing spec starts and inventory to match local demand conditions

MULTIFAMILY EXIT - Earnings impacted by delayed closing of Apartment Living business sale

COMMUNITY COUNT GROWTH - Co increased community count by 9%, supporting future growth

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Home Sales Revenues
$3.41 bln
Q4 Operating Income
$564.10 mln
Q4 Pretax Profit
$593 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy", 4 "hold" and 2 "sell" or "strong sell"

The average consensus recommendation for the homebuilding peer group is "buy"

Wall Street's median 12-month price target for Toll Brothers Inc is $157.50, about 13.4% above its December 5 closing price of $138.94

The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 10 three months ago

Press Release: ID:nGNX2k6wmG

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)