Toll Brothers

Rank#1744

Market Cap12.22B

CountryUnited States

Summary

Toll Brothers, Inc., together with its subsidiaries, designs, builds, markets, sells, and arranges finance for a range of detached and attached homes in luxury residential communities in the United States. The company operates in two segments, Traditional Home Building and City Living. It also designs, builds, markets, and sells condominiums through Toll Brothers City Living. In addition, the company develops, owns, and operates golf courses and country clubs; develops and sells land; and develops, operates, and rents apartments, as well as provides various interior fit-out options, such as flooring, wall tile, plumbing, cabinets, fixtures, appliances, lighting, and home-automation and security technologies. Further, it owns and operates architectural, engineering, mortgage, title, insurance, smart home technology, landscaping, lumber distribution, house component assembly, and manufacturing operations. The company serves move-up, empty-nester, active-adult, and second-home buyers. It has a strategic partnership with Equity Residential to develop new rental apartment communities in the United States markets. The company was founded in 1967 and is headquartered in Fort Washington, Pennsylvania.

History

Toll Brothers was founded in 1967 in Pennsylvania by Robert I. Toll and Bruce E. Toll. Robert received a law degree from University of Pennsylvania and his B.A. from Cornell University, while his brother Bruce had an accounting degree from the University of Miami. Their father, Albert, built homes and the brothers believed that the new home industry had more to offer. Bruce was 26 and Robert was 27 at the time.Toll Brothers was incorporated as a Delaware corporation with a public offering raising $40 million.In addition to luxury single-family, carriage house/townhouse and condominium residences, Toll Brothers offers luxury rental apartments and luxury student housing . They also operate various ancillary businesses including mortgage, insurance, home automation/security, and landscaping.

Mission

Our mission is to create a place where people feel comfortable and at home, in both physical and emotional settings. Our portfolio is a reflection of our commitment to quality, sustainability, and innovation.

Vision

Our vision is to be the premier home builder and lifestyle provider; and a trusted partner that helps people turn their dream home into reality.

References

https://en.wikipedia.org/wiki/Toll_Brothers

https://in.investing.com/equities/toll-brothers

https://finance.yahoo.com/quote/TOL/profile?p=TOL

https://www.crunchbase.com/organization/toll-brothers

https://sec.report/CIK/0000794170

https://companiesmarketcap.com/

https://www.tollbrothers.com

Leadership team

Mr. Douglas C. Yearley Jr. (Chairman & CEO)