What is Toll Brothers?
Luxury homebuilder with FY 2025 deliveries of 11,292 homes and $10.8B home sales revenue.
- Category
- Luxury homebuilder
- Headquarters
- Fort Washington, PA
- Founded
- 1967
- Employees
- Approximately 5,200
- Total funding
- Public company; NYSE: TOL; no VC funding profile
- Status
- NYSE: TOL; public company
What is Toll Brothers?
Toll Brothers is a public luxury homebuilder headquartered in Fort Washington, PA. Its current public-company scale signal is FY 2025 deliveries of 11,292 homes and $10.8B home sales revenue.
Toll Brothers is a public luxury homebuilder headquartered in Fort Washington, PA. The company operates luxury move-up, active adult, urban/suburban, resort-style, and build-to-order communities across 24 states and D.C., and its latest public reporting shows FY 2025 deliveries of 11,292 homes and $10.8B home sales revenue. That makes it an enterprise-scale real estate account rather than a single-property operator.
The business serves tenants, residents, operators, carriers, consumers, or homebuyers through a mix of physical assets, digital leasing or sales channels, local operating teams, and centralized finance and technology functions. Its market position is shaped by asset quality, cost of capital, operating execution, tenant or customer retention, and disciplined capital allocation.
For B2B sellers, Toll Brothers should be mapped by business unit and asset workflow. The strongest opportunities attach to measurable outcomes: leasing velocity, occupancy, retention, construction cycle time, procurement savings, risk reduction, uptime, resident or customer experience, data quality, and compliance.
What does Toll Brothers offer?
Toll Brothers offers Luxury homes, Active adult communities, Build-to-order homes, Quick move-in homes, Design studio and related real estate services.
- Luxury homes· Offering
- Active adult communities· Offering
- Build-to-order homes· Offering
- Quick move-in homes· Offering
- Design studio· Offering
- Mortgage services· Offering
- Title services· Offering
- Apartment Living· Offering
How does Toll Brothers make money?
Toll Brothers makes money through home sales, land development, mortgage and title attach, design options, community mix, and pricing discipline across luxury housing markets.
Toll Brothers makes money through home sales, land development, mortgage and title attach, design options, community mix, and pricing discipline across luxury housing markets. home prices vary by community, plan, options, lot premium, incentives, and mortgage environment; FY 2025 average delivered price was about $960,000. Because it is a public company, the most reliable unit-economic signals are revenue, NOI or gross margin, occupancy or closings, FFO/AFFO where relevant, backlog, leasing spreads, and capital allocation disclosures.
Growth is driven by pricing, volume, retention, development or acquisition spreads, cost of capital, operating efficiency, and the company's ability to deploy capital into assets or communities with durable demand. In a higher-rate environment, management quality and balance-sheet discipline matter as much as headline revenue growth.
For vendors, budget is usually unlocked when a product improves a metric the company already reports to investors: faster leasing, better resident or tenant experience, lower maintenance cost, more efficient construction, safer field operations, stronger cybersecurity, cleaner data, or better capital planning.
Who leads Toll Brothers?
Toll Brothers is led by Douglas C. Yearley, Jr., Chairman and Chief Executive Officer, with finance, operations, investment, and technology leaders shaping major buying decisions.
- Douglas C. Yearley, Jr.Chairman and Chief Executive OfficerCEO since 2010Leads luxury homebuilding strategy and capital allocation.
- Martin P. ConnorChief Financial OfficerLongtime CFOOwns finance, accounting, and investor communication.
- Robert ParahusPresident and Chief Operating OfficerCOO through June 2026 transitionOversees national homebuilding operations before transition.
- Seth J. RingIncoming President and Chief Operating OfficerEffective June 30, 202622-year veteran succeeding Rob Parahus.
How do you contact Toll Brothers's leadership?
Toll Brothers publishes official investor, media, customer, or corporate contact routes, but the reviewed sources do not establish personal executive email addresses as the official way to reach leaders. Use the public company route here and treat any inferred personal address as unverified unless the company publishes it.
Personal executive email format not verified; use https://investors.tollbrothers.com/How much funding has Toll Brothers raised?
Toll Brothers is a public company (NYSE: TOL) and is not best described by venture funding raised.
Toll Brothers is a mature public company, not a venture-backed startup with seed, Series A, or late-stage private financing rounds. Its relevant capital profile is public equity, unsecured debt or mortgage debt, operating cash flow, asset sales, acquisitions, dividends, and share repurchases rather than VC funding.
The major capital milestones are: 1967 Founded (Robert and Bruce Toll found the luxury homebuilder.); 1986 IPO (Toll Brothers lists publicly.); 2010 Douglas Yearley becomes CEO (Leadership transitions from founder-era growth.); 2021-2024 Luxury housing cycle (The company benefits from move-up and affluent buyer demand.); 2025 Record deliveries and revenue (Toll delivers 11,292 homes and $10.8B in home sales revenue.); 2026 COO succession (Seth Ring is named to succeed Rob Parahus as President and COO.). As of June 2026, the most useful buyer signal is not a private valuation but FY 2025 home sales revenue of $10.8B, NYSE: TOL, and the scale of its asset base and capital program.
For sellers, that means buying capacity exists but is governed by mature procurement, IT, legal, compliance, finance, and asset-level operating review. The winning case ties directly to revenue, occupancy, leasing, closings, maintenance, risk, uptime, data, or operating-cost metrics.
How did Toll Brothers get here?
Toll Brothers scaled through public-market capital, portfolio operations, and disciplined real estate or homebuilding execution.
- 1967Company foundedToll Brothers begins in Pennsylvania.
- 1986Public listingThe company becomes publicly traded.
- 2010Yearley named CEODouglas Yearley starts leading the company.
- 2020Digital sales and design accelerateOnline discovery and design processes become more important.
- 2025Record home sales revenueFY 2025 reaches $10.8B.
- 2026COO transitionSeth Ring is announced as incoming President and COO.
Who are Toll Brothers's competitors?
Toll Brothers competes with public and private operators that target the same property type, customer base, capital sources, and operating talent.
Toll Brothers — frequently asked questions
