Thu, May 29, 8:52 PM (22 days ago)
**Toll Brothers, Inc. (TOL) Q2 2025 Financial Summary** **Financial Health & Performance:** - **Revenue:** $2.74 billion (Q2 2025) vs. $2.84 billion (Q2 2024) - **Net Income:** $352.4 million (Q2 2025) vs. $481.6 million (Q2 2024) - **Earnings per Share (EPS):** $3.53 (Q2 2025) vs. $4.60 (Q2 2024) - **Cash Flow:** Negative $57.9 million (Q2 2025) vs. Positive $152.0 million (Q2 2024) **Key Metrics:** - **Home Sales:** 2,899 units (Q2 2025) vs. 2,641 units (Q2 2024) - **Average Delivered Price:** $933,600 (Q2 2025) vs. $1,002,300 (Q2 2024) - **Backlog:** $6.84 billion (6,063 homes) (Q2 2025) vs. $7.38 billion (7,093 homes) (Q2 2024) - **Net Contracts Signed:** $2.60 billion (2,650 homes) (Q2 2025) vs. $2.94 billion (3,041 homes) (Q2 2024) **Trends & Uncertainties:** - **Demand:** Softer due to affordability challenges, economic uncertainty, and consumer confidence - **Inventory:** Strategic management of pricing, incentives, and home starts - **Future Operations:** Positive long-term outlook supported by favorable demographics and housing market fundamentals **Segment Performance (Q2 2025 vs. Q2 2024):** - **North:** Revenue up 13%, units up 11%, EPS up 60% - **Mid-Atlantic:** Revenue down 14%, units flat, EPS down 75% - **South:** Revenue up 15%, units up 15%, EPS up 29% - **Mountain:** Revenue up 25%, units up 25%, EPS up 68% - **Pacific:** Revenue down 27%, units down 18%, EPS down 48% **Liquidity & Capital Resources:** - **Cash & Cash Equivalents:** $686.5 million (Q2 2025) - **Revolving Credit Facility:** $2.19 billion available (Q2 2025) - **Debt:** $1.60 billion in senior notes, $650.0 million term loan facility **Future Outlook:** - **Short-term:** Inventory additions, operating expenses, investments, and dividend payments - **Long-term:** Land purchases, capital investments, and potential additional financing **Ticker:** TOL