Mountain was Toll Brothers’s largest region in fiscal 2025, bringing in $2.98B of $10.97B (27%).
| Geography | FY 2009 | FY 2010 | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Pacific | $2.34B | $2.28B | $2.12B | ||||||||||||
| Mountain | $2.66B | $2.62B | $2.98B | ||||||||||||
| South | $2.22B | $2.81B | $2.72B | ||||||||||||
| California | — | — | — | ||||||||||||
| North | $1.53B | $1.49B | $1.67B | ||||||||||||
| Mid-Atlantic | $1.19B | $1.63B | $1.47B | ||||||||||||
| West | — | — | — | ||||||||||||
| City Living | — | — | — | ||||||||||||
| Corporate & Other | $55.94M | $14.97M | $8.81M | ||||||||||||
| Total | $9.99B | $10.85B | $10.97B |
Toll Brothers brought in $10.97B from its six regions in fiscal 2025, the year ended October 31, 2025. That was up 1.1% from $10.85B in fiscal 2024. Mountain was the largest at $2.98B (27.1%), ahead of South at $2.72B (24.8%) and Pacific at $2.12B (19.4%). The other three regions brought in $3.15B combined.
Compared with fiscal 2024, Mountain grew fastest, up 13.7% to $2.98B, while Mid-Atlantic fell the most, down 10.1% to $1.47B. From fiscal 2023 to 2025, combined revenue from these regions grew from $9.99B to $10.97B, a compound annual growth rate of 4.7%. Mountain's share of the total rose from 26.6% to 27.1%.
Home Sales was Toll Brothers’s largest product and service line in fiscal 2025, bringing in $10.84B of $10.97B (99%).
| Product and Service | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Home Sales | — | $9.87B | $10.56B | $10.84B | |||||
| Home Building | $9.71B | — | — | — | |||||
| Land Sales & Other | — | $128.91M | $283.41M | $124.52M | |||||
| Land | $564.39M | — | — | — | |||||
| Management Fee | $7.97M | $4.46M | $4.30M | $3.83M | |||||
| Total | $10.28B | $10.00B | $10.85B | $10.97B |
Toll Brothers brought in $10.97B from its three product and service lines in fiscal 2025, the year ended October 31, 2025. That was up 1.1% from $10.85B in fiscal 2024. Home Sales was the largest at $10.84B (98.8%), ahead of Land Sales & Other at $124.52M (1.1%) and Management Fee at $3.83M (0.0%).
Toll Brothers began breaking out Home Sales in fiscal 2023 and Land Sales & Other in fiscal 2023. Toll Brothers stopped reporting Home Building ($9.71B in fiscal 2022) and Land ($564.39M in fiscal 2022) as separate lines.
Guarantor Subsidiaries was Toll Brothers’s largest revenue line in fiscal 2013, bringing in $2.71B of $2.67B (101%).
| Legal Entity | FY 2009 | FY 2010 | FY 2011 | FY 2012 | FY 2013 |
|---|---|---|---|---|---|
| Guarantor Subsidiaries | $1.52B | $1.50B | $1.90B | $2.71B | |
| Non-Guarantor Subsidiaries | $28.46M | $48.37M | $57.58M | $70.11M | |
| Eliminations | -$54.24M | -$74.63M | -$77.98M | -$107.25M | |
| Total | $1.49B | $1.48B | $1.88B | $2.67B |
Toll Brothers brought in $2.67B from its three revenue lines in fiscal 2013, the year ended October 31, 2013. That was up 42.0% from $1.88B in fiscal 2012. Guarantor Subsidiaries was the largest at $2.71B (101.4%), ahead of Non-Guarantor Subsidiaries at $70.11M (2.6%).
Compared with fiscal 2012, Guarantor Subsidiaries grew 42.5% to $2.71B and Non-Guarantor Subsidiaries grew 21.8% to $70.11M. From fiscal 2010 to 2013, combined revenue from these revenue lines grew from $1.49B to $2.67B, a compound annual growth rate of 21.4%. Guarantor Subsidiaries' share held steady at about 101.4%.
The total is net of Eliminations, which took $107.25M off revenue in fiscal 2013.
Toll Brothers (TOL) reports its revenue by geography, by product and service and by legal entity. In fiscal 2025, Mountain was its largest region, bringing in $2.98B (27.1% of the total), followed by South at $2.72B (24.8%).
Mountain was Toll Brothers' largest region in fiscal 2025, bringing in $2.98B, or 27.1% of the $10.97B total across its six regions.
Home Sales was Toll Brothers' largest product and service line in fiscal 2025, bringing in $10.84B, or 98.8% of the $10.97B total across its three product and service lines.
Guarantor Subsidiaries was Toll Brothers' largest revenue line in fiscal 2013, bringing in $2.71B, or 101.4% of the $2.67B total across its three revenue lines.
Among Toll Brothers' regions that make up at least 2% of revenue, Mountain grew fastest in fiscal 2025, up 13.7% from $2.62B to $2.98B.
Every figure comes from Toll Brothers' annual financial filings, as reported. Each line keeps the name Toll Brothers gives it, and years follow its fiscal calendar.
Toll Brothers' revenue by geography goes back to fiscal 2009, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.