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Toll Brothers Q3 Revenue Surpasses Expectations Despite Decline

12/9/2025

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Summary

Story summary

Toll Brothers, Inc. (NYSE: TOL), reported Q3 CY2025 revenue of $3.42 billion, ahead of expectations.
The company posted adjusted earnings per share of $4.58, a 6.1% miss versus the $4.88 forecast.
The operating margin declined to 16.5% from 19% a year earlier.
Backlog stood at $5.5 billion, down 15% year over year.
Analysts project a 1.9% revenue decline over the next year.

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Story summary

Toll Brothers, Inc. (NYSE: TOL), reported Q3 CY2025 revenue of $3.42 billion, ahead of expectations.
The company posted adjusted earnings per share of $4.58, a 6.1% miss versus the $4.88 forecast.
The operating margin declined to 16.5% from 19% a year earlier.
Backlog stood at $5.5 billion, down 15% year over year.
Analysts project a 1.9% revenue decline over the next year.