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Toll Brothers Posts Higher Revenue but Lower Margins as Backlog Shrinks and Builder Exits Multifamily Business

December 12, 20254 Mins read1.6k
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Luxury homebuilder ends FY25 with $10.84B in home-sales revenue and $1.35B in net income, while demand softens and backlog falls to $5.5B Toll Brothers closed fiscal 2025 amid a mix of strength and restraint, reflecting an affluent buyer base that remains active but increasingly selective. The nation’s largest luxury homebuilder delivered more homes and generated […]

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