Toll Brothers

What Toll Brothers does

Toll Brothers, Inc. is a publicly traded U.S. luxury homebuilder (NYSE: TOL) founded in 1967 and headquartered in Fort Washington, Pennsylvania. The company constructs and sells single-family homes, townhomes, and condominiums across 60+ markets in 24 states, serving five distinct buyer segments — luxury, move-up, first-time, active-adult (55+), and second-home — through master-planned communities and resort-style developments. Homes are priced from approximately $300,000s to over $6 million, with the Q2 FY2026 average delivered price of $1.009 million positioning the company firmly in the premium tier.

The core technology platform centers on the Toll Brothers Design Studio, which delivers extensive personalization through nine pre-curated Designer Appointed Collections, supplemented by Toll Brothers Smart Home Technologies for connected home features. A digital search and tour platform (tollbrothers.com with Matterport virtual tours) serves as the primary discovery channel, supported by an inside sales team of Online Sales Consultants handling phone, chat, text, and email inquiries. Vertical integration is provided through Toll Brothers Mortgage Company (NMLS #18154) for in-house financing and Toll Brothers City Living for urban condominium developments.

The revenue model is one-time home sales (one-time license equivalent), with Q2 FY2026 home sales revenue of $2.51 billion on 2,491 deliveries and full-year FY2026 guidance of 10,400-10,700 deliveries. Ancillary revenue is generated through the captive mortgage subsidiary and Design Studio personalization options. Go-to-market is direct-to-consumer via on-site community sales centers complemented by the online sales team, with model home grand opening events as a demand-generation catalyst. The company holds $3.3 billion in liquidity with a 15.4% net debt-to-capital ratio and has completed 16 homebuilder acquisitions since 1995, most recently Buffington Homes of Arkansas in April 2026.

Name

Toll Brothers

Legal name

Toll Brothers Inc.

Website

https://tollbrothers.com

Company type

Public

Founded year

1967

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Toll Brothers is a publicly traded U.S. luxury homebuilder (NYSE: TOL) constructing single-family homes, townhomes, and condominiums across 60+ markets in 24 states. It serves luxury, move-up, first-time, active-adult, and second-home buyers via integrated design, mortgage, and smart home services.

Ownership category

akta.pro rank

Headquarters

HQ city

Fort Washington

HQ country

United States

HQ region

North America

Offices27 records

Markets served

GTM type

B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. Home Sales: Toll Brothers generates revenue primarily from the sale of luxury single-family homes, townhomes, and condominiums. Homes are sold at various price points ranging from approximately $300,000s to over $6 million, depending on location, size, and customization. The company also generates ancillary revenue through its mortgage lending subsidiary (Toll Brothers Mortgage Company) and Design Studio services for home personalization options.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels8 records

Core offering

Toll Brothers designs, builds, and sells luxury single-family homes, townhomes, and condominiums across 60+ markets in 24 U.S. states, targeting first-time, move-up, active-adult (55+), and second-home buyers. The company supports its core homebuilding business with the Toll Brothers Design Studio for personalization, Toll Brothers Mortgage Company for in-house financing, and Toll Brothers Smart Home Technologies for connected-home features, offering move-in-ready quick move-in homes as well as fully customized build-to-order homes at price points from the upper $300,000s to over $6 million.

Product overview

Toll Brothers operates as America's luxury home builder with a diversified portfolio of brands and services. The core offering is luxury single-family homes, townhomes, and condominiums built across master-planned communities in 24 states. Supporting the core home building business are four major sub-brands: Toll Brothers Regency (55+ active-adult communities), Toll Brothers Design Studio (interior customization), Toll Brothers City Living (urban developments), and Toll Brothers Mortgage Company (in-house financing). Additional offerings include Toll Brothers Smart Home Technologies (connected home features), Designer Appointed Collections (pre-curated interior packages across nine design styles), and product options including Quick Move-In Homes and Build to Order customization. The company serves first-time buyers, move-up buyers, active adults, and second-home buyers across 60+ markets.

Differentiator

Problem solved

Functional benefit

Brands

• Toll Brothers Regency: Active adult community division for buyers aged 55 and older
• Toll Brothers Design Studio
• Toll Brothers City Living
• Toll Brothers Mortgage Company
• Toll Brothers Smart Home Technologies
• Toll Brothers Advantage

Products and services

• Toll Brothers Luxury Homes
• Toll Brothers Regency
• Toll Brothers City Living
• Toll Brothers Design Studio
• Toll Brothers Mortgage Company
• Toll Brothers Smart Home Technologies
• Quick Move-In Homes
• Build to Order

Quantifiable outcome

• Named #1 Most Admired Home Builder by Fortune magazine for nine consecutive years (2018-2026)
• +4 more outcomes

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• Buffington Homes of ArkansascoreStrategic or Co-development Partner · 22 April 2026Toll Brothers acquired substantially all assets of Buffington Homes of Arkansas, a privately held home builder based in Fayetteville. The transaction adds nine active or coming-soon communities with more than 1,500 controlled lots in the Fayetteville/Bentonville area of northwest Arkansas, representing Toll Brothers' entry into this growth market. Buffington Homes' senior leadership and employees joined Toll Brothers following the acquisition. This marks Toll Brothers' 16th homebuilder acquisition since 1995.

Scale indicators9 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• PulteGroup: PulteGroup (NYSE: PHM) operates Pulte, Centex, Del Webb (active adult), and John Wieland (luxury). Del Webb directly competes with Toll Brothers Regency for 55+ buyers, and John Wieland competes in the luxury segment across many of the same Southeast markets.
• KB Home: KB Home (NYSE: KBH) is a national homebuilder serving entry-level through luxury buyers across California, the Southwest, and Southeast. It overlaps with Toll Brothers in California markets and competes for move-up buyers in suburban master-planned communities.
• D.R. Horton: D.R. Horton is the largest U.S. homebuilder (NYSE: DHI), operating across a broad price spectrum with luxury-adjacent segments (e.g., Emerald Homes, Expressions). It competes head-to-head with Toll Brothers in many of the same 24 states and serves overlapping move-up and luxury buyer segments.
• Century Communities: Century Communities (NYSE: CCS) is a high-volume, value-oriented homebuilder serving entry-level and move-up buyers across 18 states. It competes with Toll Brothers at the lower end of Toll's price range in overlapping Sun Belt and Mountain West markets.
• Lennar Corporation: Lennar (NYSE: LEN) is a top-three U.S. homebuilder with luxury product lines and a geographically comparable Sun Belt footprint. Both companies operate at scale with similar master-planned community strategies and target move-up and luxury buyers across the same major metros.
• M/I Homes: M/I Homes (NYSE: MHO) is a Midwest- and Southeast-focused homebuilder serving move-up and luxury buyers. It overlaps with Toll Brothers in Florida, the Carolinas, Texas, and the Midwest, and competes for similar buyer demographics.
• Tri Pointe Homes: Tri Pointe Homes (NYSE: TPH) is a luxury- and move-up-focused homebuilder with brands including Tri Pointe Homes, Pardee Homes, and Maracay. It is one of the most direct luxury-curve peers to Toll Brothers, especially in California and the Sun Belt.
• Meritage Homes Corporation: Meritage Homes (NYSE: MTH) is a national homebuilder focused on entry-level and first move-up buyers, with growing exposure to the move-up segment. It operates in many of the same Sun Belt states as Toll Brothers and competes at the lower end of Toll's price range.
• NVR, Inc. NVR (NYSE: NVR) operates Ryan Homes and NVHomes, serving entry-level through luxury buyers primarily on the East Coast. NVHomes directly competes with Toll Brothers in the luxury segment across Mid-Atlantic and Southeast markets.
• Taylor Morrison Home Corporation: Taylor Morrison (NYSE: TMHC) is the closest pure-play luxury peer, with its Taylor Morrison, Darling Homes, and William Lyon brands. It competes in many of the same luxury submarkets (California, Texas, Arizona, Florida) and serves a comparable move-up and luxury buyer profile.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/TollBrothers
• YouTubeyoutube.com/user/TollBrothers
• Facebookfacebook.com/tollbrothers
• LinkedInlinkedin.com/company/toll-brothers
• Instagraminstagram.com/tollbrothers
• Pinterestpinterest.com/tollbrothers

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries5 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A7 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Toll Brothers