Toll Brothers

luxury-homeToll Brothers Inc., “America’s Luxury Home Builder” is the successor to three generations of home builders and has been building new homes for more than 40 years. Over the years, Toll Brothers has won several awards such as the National Housing Quality Award, National Builder of the Year and America’s Best Builders; in 2009, Toll Brothers ranked first among home builders in 5 of 9 categories in Fortune Magazine’s most admired companies 2009 survey. Toll Brothers is a Fortune 500 public company traded on the New York Stock Exchange under ticker symbol TOL.

In fiscal year 2008, Toll Brothers closed 4,743 homes, which brought in $3.16 billion in revenue; the home builder recorded an ‘08 net loss of $297.8 million. In fiscal year 2007, the builder closed 6,687 homes, which brought in $4.65 billion in revenues resulting in a net income of $35.7 million. In both years, Toll Brothers delivered the most homes in their Mid-Atlantic region (Delaware, Maryland, Pennsylvania, Virginia and West Virginia). At the end of fiscal year ‘08 (October), Toll Brothers reported $1.63 billion in cash and approximately $1.32 billion available in revolving credit.

Toll Brothers builds new homes and communities in 50 geographical markets and 21 states across the country: Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Illinois, Maryland, Massachusetts, Michigan, Minnesota, Nevada, New Jersey, New York, North Carolina, Pennsylvania, South Carolina, Texas, Virginia and West Virginia. The builder builds single-family, active adult, condominium, carriage, villa and townhomes ranging from the low $200s to over $1.5 million. In addition to building new homes and neighborhoods throughout the United States, Toll Brothers offers new home mortgage and refinancing services through TBI Mortgage.

For more information about Toll Brothers, visit them online at www.TollBrothers.com; you can start searching for Toll Brothers’ homes and subdivisions by using their new home search tool.

Quick Facts about Toll Brothers Inc.

  • President and CEO: Robert I. Toll
  • Stock Ticker: TOL
  • 2008 revenue from homebuilding: $3.16
  • 2008 net Income from homebuilding: ($297.8 million)
  • 2008 home closings: 4,743
  • 2007 home closings: 6,687
  • Reach: 50 markets in 21 states

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Sources:

www.TollBrothers.com

Toll Brothers ‘08 Annual Report