Toll Brothers — Feb 18, 2025 release

With our industry leading brand, well-located communities at the corner of Main & Main, and our affluent customer base, our unique niche in the luxury market positions us well for continued success.” Second Quarter and FY 2025 Financial Guidance: Second Quarter Full Fiscal Year Deliveries 2,500 - 2,700 units 11,200 - 11,600 units Average Delivered Price per Home $940,000 - $960,000 $945,000 - $965,000 Adjusted Home Sales Gross Margin 27.25  % 27.25  % SG&A, as a Percentage of Home Sales Revenues 10.3  % 9.4% - 9.5% Period-End Community Count 415 440 - 450 Other Income, Income from Unconsolidated Entities, and Gross Margin from Land Sales and Other $— million $110 million Tax Rate 26.0  % 25.5  % 3 Financial Highlights for the three months ended January 31, 2025 and 2024 (unaudited): 2025 2024 Net Income $177.7 million, or $1.75 per share diluted $239.6 million, or $2.25 per share diluted Pre-Tax Income $221.4 million $311.2 million Pre-Tax Inventory Impairments included in Home Sales Costs of Revenues $16.4 million $1.5 million Home Sales Revenues $1.84 billion and 1,991 units $1.93 billion and 1,927 units Net Signed Contracts $2.31 billion and 2,307 units $2.06 billion and 2,042 units Net Signed Contracts per Community 5.7 units 5.6 units Quarter-End Backlog $6.94 billion and 6,312 units $7.08 billion and 6,693 units Average Price per Home in Backlog $1,099,200 $1,058,000 Home Sales Gross Margin 25.0  % 27.6  % Adjusted Home Sales Gross Margin 26.9  % 28.9  % Interest Included in Home Sales Cost of Revenues, as a percentage of Home Sales Revenues 1.1  % 1.2  % SG&A, as a percentage of Home Sales Revenues 13.1  % 11.9  % Income from Operations $219.1 million, or 11.8% of total revenues $308.