Signed in · PRO

Guidance history, every release

Toll Brothers (TOL) · 8 releases, Dec 9, 2024 to Aug 18, 2026 · rows are metrics, columns are releases

Raised · a change from the previous releaseSame · restated unchanged— · not stated in that releaseEvery value links to its sentence in the filing

Metric	Dec 9, 2024 FY24 Q4	Feb 18, 2025 FY25 Q1	May 20, 2025 FY25 Q2	Aug 19, 2025 FY25 Q3	Dec 8, 2025 FY25 Q4	Feb 17, 2026 FY26 Q1	May 19, 2026 FY26 Q2	Aug 18, 2026 FY26 Q3
For FY2027
Community Count Growth	—	—	—	—	—	—	—	New“similar growth”
Growth	—	—	—	—	—	—	New“8% to 10%”	—
For FY2026
Home Sales Revenues	—	—	—	—	—	—	—	New“approximately $10.5 billion”
SG&A, as a Percentage of Home Sales Revenues	—	—	—	—	—	—	—	New“8.10 %”
SG&A, as a Percentage of Home Sales Revenues	—	—	—	—	New“10.25 %”	Reiterated“10.25 %”	Lowered“10.10 %”	Reiterated“10.10 %”
SG&A, as a Percentage of Home Sales Revenues	—	—	—	—	—	—	New“10.0 %”	—
SG&A, as a Percentage of Home Sales Revenues	—	—	—	—	—	New“10.7 %”	—	—
SG&A, as a Percentage of Home Sales Revenues	—	—	—	—	New“14.2 %”	—	—	—
Adjusted Gross Margin	—	—	—	—	—	—	—	New“26.1%”
Adjusted Home Sales Gross Margin	—	—	—	—	—	—	—	New“26.00 %”
Adjusted Home Sales Gross Margin	—	—	—	—	New“26.00 %”	Reiterated“26.00 %”	Raised“26.10 %”	Reiterated“26.10 %”
Adjusted Home Sales Gross Margin	—	—	—	—	—	—	New“25.25 %”	—
Adjusted Home Sales Gross Margin	—	—	—	—	—	New“25.50 %”	—	—
Adjusted Home Sales Gross Margin	—	—	—	—	New“26.25 %”	—	—	—
Other Income, Income from Unconsolidated Entities, and Gross Margin from Land Sales and Other	—	—	—	—	—	—	—	New“$30 million”
Other Income, Income from Unconsolidated Entities, and Gross Margin from Land Sales and Other	—	—	—	—	New“$130 million”	Reiterated“$130 million”	Lowered“$120 million”	Reiterated“$120 million”
Other Income, Income from Unconsolidated Entities, and Gross Margin from Land Sales and Other	—	—	—	—	—	—	New“$5 million”	—
Other Income, Income from Unconsolidated Entities, and Gross Margin from Land Sales and Other	—	—	—	—	—	New“$— million”	—	—
Other Income, Income from Unconsolidated Entities, and Gross Margin from Land Sales and Other	—	—	—	—	New“$70 million”	—	—	—
Average Delivered Price per Home	—	—	—	—	—	—	—	New“$995,000 - $1,005,000”
Average Delivered Price per Home	—	—	—	—	New“$970,000 to $990,000”	Reiterated“$970,000 - $990,000”	Raised“$985,000 -$1,000,000”	Narrowed“$995,000 - $1,000,000”
Average Delivered Price per Home	—	—	—	—	—	—	New“$965,000 -$985,000”	—
Average Delivered Price per Home	—	—	—	—	—	New“$975,000 - $985,000”	—	—
Average Delivered Price per Home	—	—	—	—	New“$985,000 to $995,000”	—	—	—
Community Count Growth	—	—	—	—	New“8% to 10%”	—	—	Reiterated“8% to 10%”
Community Count Growth Rate	—	—	—	—	—	New“8% to 10%”	—	—
Deliveries	—	—	—	—	—	—	—	New“3,450 - 3,550”
Deliveries	—	—	—	—	New“10,300 - 10,700”	Reiterated“10,300 - 10,700”	Narrowed“10,400 - 10,700”	Narrowed“10,500 - 10,600”
Deliveries	—	—	—	—	—	—	New“2,600 - 2,700”	—
Deliveries	—	—	—	—	—	New“2,400 - 2,500”	—	—
Deliveries	—	—	—	—	New“1,800 - 1,900”	—	—	—
Operating Cash Flows	—	—	—	—	—	New“significant operating cash flows”	—	—
Period-End Community Count	—	—	—	—	—	—	—	New“480 - 490”
Period-End Community Count	—	—	—	—	—	—	New“475”	—
Period-End Community Count	—	—	—	—	New“480 - 490”	Reiterated“480 - 490”	Reiterated“480 - 490”	—
Period-End Community Count	—	—	—	—	—	New“455”	—	—
Period-End Community Count	—	—	—	—	New“445”	—	—	—
Projected Share Repurchases	—	—	—	—	—	—	—	New“$700 million”
Tax Rate	—	—	—	—	—	—	—	New“26.0 %”
Tax Rate	—	—	—	—	New“25.5 %”	Reiterated“25.5 %”	Reiterated“25.5 %”	Lowered“25.2 %”
Tax Rate	—	—	—	—	—	—	New“26.0 %”	—
Tax Rate	—	—	—	—	—	New“26.0 %”	—	—
Tax Rate	—	—	—	—	New“23.2 %”	—	—	—
For FY2025
SG&A, as a Percentage of Home Sales Revenues	—	—	—	New“8.3 %”	—	—	—	—
SG&A, as a Percentage of Home Sales Revenues	New“9.4% - 9.5%”	Reiterated“9.4% - 9.5%”	Reiterated“9.4% to 9.5%”	Reiterated“9.4 to 9.5 %”	—	—	—	—
SG&A, as a Percentage of Home Sales Revenues	—	—	New“9.2%”	—	—	—	—	—
SG&A, as a Percentage of Home Sales Revenues	—	New“10.3%”	—	—	—	—	—	—
SG&A, as a Percentage of Home Sales Revenues	New“12.7%”	—	—	—	—	—	—	—
Adjusted Home Sales Gross Margin	—	—	—	New“27.00 %”	—	—	—	—
Adjusted Home Sales Gross Margin	New“27.25%”	—	—	Reiterated“27.25 %”	—	—	—	—
Adjusted Home Sales Gross Margin	—	—	New“27.25%”	—	—	—	—	—
Adjusted Home Sales Gross Margin	—	New“27.25%”	—	—	—	—	—	—
Adjusted Home Sales Gross Margin	New“26.25%”	—	—	—	—	—	—	—
Other Income, Income from Unconsolidated Entities, and Gross Margin from Land Sales and Other	—	—	—	New“$65 million”	—	—	—	—
Other Income, Income from Unconsolidated Entities, and Gross Margin from Land Sales and Other	New“$110 million”	Reiterated“$110 million”	Reiterated“$110 million”	Reiterated“$110 million”	—	—	—	—
Other Income, Income from Unconsolidated Entities, and Gross Margin from Land Sales and Other	—	—	New“$— million”	—	—	—	—	—
Other Income, Income from Unconsolidated Entities, and Gross Margin from Land Sales and Other	—	New“$— million”	—	—	—	—	—	—
Other Income, Income from Unconsolidated Entities, and Gross Margin from Land Sales and Other	New“$33 million”	—	—	—	—	—	—	—
Average Delivered Price per Home	—	—	—	New“$970,000 to $980,000”	—	—	—	—
Average Delivered Price per Home	New“$945,000 - $965,000”	Reiterated“$945,000 - $965,000”	Reiterated“$945,000 to $965,000”	Narrowed“$950,000 to $960,000”	—	—	—	—
Average Delivered Price per Home	—	—	New“$965,000 to $985,000”	—	—	—	—	—
Average Delivered Price per Home	—	New“$940,000 - $960,000”	—	—	—	—	—	—
Average Delivered Price per Home	New“$925,000 - $945,000”	—	—	—	—	—	—	—
Community Count Growth	New“a similar increase”	—	—	—	—	—	—	—
Deliveries	—	—	—	New“3,350”	—	—	—	—
Deliveries	—	—	New“2,800 to 3,000”	—	—	—	—	—
Deliveries	New“11,200 - 11,600”	Reiterated“11,200 - 11,600”	Reiterated“11,200 to 11,600”	—	—	—	—	—
Deliveries	—	New“2,500 - 2,700”	—	—	—	—	—	—
Deliveries	New“1,900 - 2,100”	—	—	—	—	—	—	—
Period-End Community Count	—	—	—	New“440 to 450”	—	—	—	—
Period-End Community Count	—	—	New“430”	—	—	—	—	—
Period-End Community Count	New“440 - 450”	Reiterated“440 - 450”	Reiterated“440 to 450”	—	—	—	—	—
Period-End Community Count	—	New“415”	—	—	—	—	—	—
Period-End Community Count	New“410”	—	—	—	—	—	—	—
Tax Rate	—	—	—	New“25.5 %”	—	—	—	—
Tax Rate	New“25.5%”	Reiterated“25.5%”	Reiterated“25.5%”	Lowered“25.1 %”	—	—	—	—
Tax Rate	—	—	New“26.0%”	—	—	—	—	—
Tax Rate	—	New“26.0%”	—	—	—	—	—	—
Tax Rate	New“22.0%”	—	—	—	—	—	—	—
No period stated
Apartment Living Portfolio Exit	—	—	—	—	—	New“intends to exit the multi-family development business by selling its remaining Apartment Living assets”	—	—

Values in quotation marks are the company’s words. Change labels compare each statement with the same metric and target year in the previous release. HighGravityData does not judge whether guidance was met.