Customer BaseTOL’s typical customer base has already owned a home but their affordable luxury product has attracted more first-time home buyers.
Market PositionToll Brothers has a unique position among public builders: TOL is the only production, luxury builder.
Revenue And ProfitabilityNew home sales will continue to outperform, and Toll’s revenues, profitability, and returns will hold ahead of historical norms, supporting a more optimistic outlook.