Toll Brothers |
|
|---|---|
| 2017 Performance Final Grade: 82.38/1002016 Final Grade: 67.7/100 | A/C+ |
| Change YoY | ||
|---|---|---|
| Net debt-to-capital | 37.5% | -300bps |
| Pretax home building income (in millions) | $678 | 51.9% |
| Total SG&A/Total revenue | 10.3% | -- |
| Total SG&A(in millions) | $628 | 14% |
| Return on invested capital | 7.5% | 260bps |
| Return on equity | 13.6% | 460bps |
| Total shareholder return | 55.3% | -- |
| EPS | $3.65 | 59.8% |
| Change YoY | ||
|---|---|---|
| Community count | 295 | -26 |
| Share of lots optioned to total controlled | 35.2% | 20% |
| Change YoY | ||
|---|---|---|
| Home building gross margins | 21.5% | 220bps |
| Sales per month to break even (per community) |
0.96 | -- |
| Revenue per employee (in millions) |
$1.3 | 9.8% |
| Change YoY | ||
|---|---|---|
| Closings | 7,384 | 18.8% |
| Sales velocity (per community per month) |
2.4 | 31.9% |
| Unit backlog | 6,250 | 21.5% |
| Total revenue (in millions):$6,069 |
| HB revenue (in millions): $6,069 |
| Debt per share: $21.93 |
| Equity per basic share: $28.00 |
| HB pretax margin: 11.2% |
| Backlog value (in millions): $5,576.5 |
| Inventory (in millions):$7,713.8 |
| Lot supply (in years): 6.7 |
Toll Brothers (NYSE: TOL) saw results from its shift in product and multiyear geographic expansion in 2017, says CEO Doug Yearley. “Acquisitions of builders in Seattle in FY 2011, California in FY 2014, and Boise in FY 2017, as well as quality land purchases across all our western markets, have led to significant growth. ... We are expanding our active adult product line nationally, have introduced a new millennial-focused product line and continue to develop our Toll Brothers City Living and Apartment Living divisions.”