Toll Brothers: Gaining Market Share By Widening Price Points, And Spec Home Supply
TOLToll Brothers(TOL) Seeking Alpha·2024-07-23 00:34
hikesterson Synopsis Toll Brothers (NYSE:TOL) designs, constructs, and sells luxury residential homes. TOL’s historical financial results have demonstrated robust home sales revenue growth. Additionally, its adjusted home sales gross margin and net income margin have consistently expanded as well. In 2Q24, revenue continued to grow while margins remained robust year-over-year. US households have been consistently growing since 1945. TOL’s addressable market’s growth, which is households with incomes of  ...