Company profile

Ticker
TOL
Exchange
CEO
Douglas Yearley
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
TOLL BROTHERS INC
SEC CIK
IRS number
232416878

TOL stock data

(
)

Calendar

22 Dec 20
26 Jan 21
31 Oct 21

News

Quarter (USD) Jul 20 Apr 20 Jan 20 Jul 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Oct 20 Oct 19 Oct 18 Oct 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Cash burn rate (estimated) Burn method: Change in cash Burn method: Operating income/loss Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 586.09M 586.09M 586.09M 586.09M 586.09M 586.09M
Cash burn (monthly) 64.37M 28.24M (positive/no burn) (positive/no burn) (positive/no burn) (positive/no burn)
Cash used (since last report) 377.67M 165.69M n/a n/a n/a n/a
Cash remaining 208.42M 420.4M n/a n/a n/a n/a
Runway (months of cash) 3.2 14.9 n/a n/a n/a n/a

Beta Read what these cash burn values mean

Date Owner Security Transaction Code 10b5-1 $Price #Shares $Value #Remaining
25 Jan 21 Martin P. Connor Common Stock Sell Dispose S Yes 52.75 119 6.28K 58,008
22 Jan 21 Martin P. Connor Common Stock Sell Dispose S Yes 50.75 5,000 253.75K 58,127
19 Jan 21 Edward G Boehne Common Stock Option exercise Aquire M No 0 5,138 0 55,924
19 Jan 21 Edward G Boehne RSU Common Stock Option exercise Dispose M No 0 5,138 0 0
19 Jan 21 Richard J Braemer Common Stock Option exercise Aquire M No 0 4,524 0 93,980
19 Jan 21 Richard J Braemer RSU Common Stock Option exercise Dispose M No 0 4,524 0 0
19 Jan 21 Carl B Marbach Common Stock Option exercise Aquire M No 0 5,345 0 79,430
19 Jan 21 Carl B Marbach RSU Common Stock Option exercise Dispose M No 0 5,345 0 0
19 Jan 21 John A McLean Common Stock Option exercise Aquire M No 0 4,728 0 9,262
19 Jan 21 John A McLean RSU Common Stock Option exercise Dispose M No 0 4,728 0 0
86.7% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 364 338 +7.7%
Opened positions 77 81 -4.9%
Closed positions 51 50 +2.0%
Increased positions 96 77 +24.7%
Reduced positions 134 130 +3.1%
13F shares
Current Prev Q Change
Total value 29.53B 19.43B +52.0%
Total shares 108.25M 103.47M +4.6%
Total puts 2.02M 1.09M +85.3%
Total calls 3.26M 2.55M +28.0%
Total put/call ratio 0.6 0.4 +44.8%
Largest owners
Shares Value Change
Capital World Investors 12.47M $606.91M -4.0%
BLK Blackrock 11.31M $550.46M -15.7%
FMR 10.46M $509.22M +166.5%
Vanguard 9.87M $480.32M -8.3%
Greenhaven Associates 5.29M $257.47M +4.3%
Massachusetts Financial Services 4.01M $195.28M -23.4%
Dimensional Fund Advisors 3.97M $193.07M -2.6%
STT State Street 3.73M $181.48M -1.9%
BK Bank Of New York Mellon 3.58M $174.36M -2.5%
GS Goldman Sachs 2.47M $120.43M -7.3%
Largest transactions
Shares Bought/sold Change
FMR 10.46M +6.54M +166.5%
BLK Blackrock 11.31M -2.1M -15.7%
Eminence Capital 1.77M +1.77M NEW
Massachusetts Financial Services 4.01M -1.23M -23.4%
JPM JPMorgan Chase & Co. 1.73M +1.11M +178.3%
Millennium Management 201.05K -976.06K -82.9%
CGM Trust 930K +930K NEW
Vanguard 9.87M -890.73K -8.3%
MNGPF Man 780.54K +680.15K +677.5%
MS Morgan Stanley 778.11K -666.24K -46.1%

Financial report summary

?
Competition
Comstock Holding
Risks
  • We are subject to demand fluctuations in the housing industry. Any reduction in demand would adversely affect our business, results of operations, and financial condition.
  • Adverse changes in economic conditions in markets where we conduct our operations and where prospective purchasers of our homes live could reduce the demand for homes and, as a result, could adversely affect our business, results of operations, and financial condition.
  • Our ability to execute on our business strategies is uncertain, and we may be unable to achieve our goals.
  • Negative publicity could negatively impact sales, which could cause our revenues or results of operations to decline.
  • A significant portion of our revenues and income from operations is generated from California in our Traditional Home Building segment.
  • In the construction of a high-rise building, whether a for-sale or a for-rent property, we incur significant costs before we can begin construction, sell and deliver the units to our customers, or commence the collection of rent and recover our costs. We may be subject to delays in construction that could lead to higher costs that could adversely affect our operating results. Changing market conditions during the construction period could negatively impact selling prices and rents, which could adversely affect our operating results.
  • Increases in cancellations of existing agreements of sale could have an adverse effect on our business.
  • The home building industry is highly competitive, and, if other home builders are more successful or offer better value to our customers, our business could decline.
  • If land is not available at reasonable prices, our sales and results of operations could decrease.
  • If the market value of our land and homes declines, our results of operations will likely decrease.
  • We rely on subcontractors to construct our homes and on building supply companies to supply components for the construction of our homes. The failure of our subcontractors to properly construct our homes and adopt appropriate jobsite safety practices or defects in the components we obtain from building supply companies could have an adverse effect on us.
  • We participate in certain joint ventures where we may be adversely impacted by the failure of the joint venture or its participants to fulfill their obligations.
  • Government regulations and legal challenges may delay the start or completion of our communities, increase our expenses, or limit our home building activities, which could have a negative impact on our operations.
  • Product liability claims and litigation and warranty claims that arise in the ordinary course of business may be costly, which could adversely affect our business.
  • Our multi-unit buildings are subject to swings in delivery volume due to their extended construction time, levels of pre-sales, and quick delivery of units once buildings are complete.
  • Increases in taxes or government fees could increase our costs, and adverse changes in tax laws or their interpretation could reduce demand for our homes and negatively affect our operating results.
  • We are subject to extensive environmental regulations, which may cause us to incur additional operating expenses, subject us to longer construction cycle times, or result in material fines or harm to our reputation.
  • Failure by our employees or representatives to comply with laws and regulations may harm us.
  • If we experience shortages or increased costs of labor and supplies or other circumstances beyond our control, there could be delays or increased costs in developing our communities, which could adversely affect our operating results.
  • Our quarterly operating results may fluctuate due to the seasonal nature of our business.
  • We are implementing a new enterprise resource planning system, and challenges with the implementation of the system may impact our business and operations.
  • If we are not able to obtain suitable financing, or if the interest rates on our debt are increased, or if our credit ratings are lowered, our business and results of operations may decline.
  • If home buyers are not able to obtain suitable financing, our results of operations may decline.
  • If our ability to resell mortgages to investors is impaired, our home buyers may be required to find alternative financing.
  • Public health issues such as the COVID-19 pandemic have adversely affected, and could in the future, adversely affect our business or financial results.
  • Adverse weather conditions, natural disasters, and other conditions could disrupt the development of our communities, which could harm our sales and results of operation.
  • Increased domestic or international instability could have an adverse effect on our operations.
  • We could be adversely impacted by the loss of key management personnel or if we fail to attract qualified personnel.
  • Information technology failures and data security breaches could harm our business.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
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