Company History
INTRO
TOLL BROTHERS STORY
We love to say that our pride is palpable. Not only are we proud of the superior quality luxury homes we build, we're proud of the legacy we've crafted within the home building industry.
1967
OUR STORY BEGINS
Toll Brothers is founded by Bob and Bruce Toll in southeastern Pennsylvania. Inspired by their father, a home builder, the brothers build their first two homes, colonials.
1975
A NEW ERA
After building homes in Pennsylvania for nearly a decade, Toll Brothers breaks ground on its first large master planned community concept following the completion of the newly connected I-95 corridor to New York City, transforming Bucks County, PA into a bedroom community.
1982
CROSSING THE BORDER
Toll Brothers makes its first move out of Pennsylvania, entering neighboring state New Jersey.
1984
1,000 HAPPY HOMEOWNERS
Toll Brothers sells its 1,000th home.
1986
GOING PUBLIC
Toll Brothers becomes a public company, and is listed on the New York Stock Exchange (NYSE: TOL) with revenues of $124.6 million from 15 communities.
1987
EXPANDING THE BUSINESS OF BUILDING
Enters Northern Delaware.
The in-house marketing firm, Toll Architecture, and ESE, the engineering, survey and environment planning group, are launched.
First Toll Integrated Systems (TIS) opens in the Philadelphia area to manufacture and supply quality engineered construction components and related services.
1988
A MOVE TO FINANCE THE DREAM
Enters Maryland.
Toll Brothers extends into the mortgage industry with Westminster Mortgage in Delaware, now named TBI Mortgage, and serving 20 states.
Bob and Bruce Toll are awarded Builder of the Year by Professional Builder magazine.
1990s
BECOMING A LEADER
Toll Brothers becomes the largest builder of luxury homes in the U.S.
1991
TOLL BROTHERS TAKES ON GOLF
With the acquisition of Blue Bell Country Club, a golf community in Montgomery County, Pennsylvania, Toll Brothers enters the golf and resort market.
1992
THE START OF SOMETHING SPECIAL
Enters Virginia and Connecticut.
The first-ever "Toll Brothers Gala" fundraiser is held. This event continues to be held annually and has been a great success year-after-year, benefitting national organizations like the American Red Cross and the American Cancer Society.
Westminster Title, a subsidiary of Toll Brothers opens, its doors.
1993
REAL GROWTH
Enters New York.
Toll Brothers sells its 10,000th home.
Toll Landscape is launched and now serves Florida, Pennsylvania, New Jersey and Virginia.
1994
GOING WEST
Enters North Carolina, and expands beyond the East Coast into California.
1995
A BUSINESS ON THE RISE
Enters Florida and Texas.
Toll Brothers conducts its first builder acquisition, Geoffrey H. Edmunds & Associates, Inc., a Scottsdale, Arizona-based luxury home builder, to enter Arizona.
Westminster Security subsidiary launches, now TBI Smart Home Solutions.
1996
THE DIGITAL REALM
Toll Brothers makes its debut online when TollBrothers.com goes live.
1998
FOR SALE—OR RENT
Enters Nevada and Illinois.
Toll Brothers acquires Coleman Homes to enter Las Vegas.
Toll Golf & Country Club Division is launched with the first Toll Brothers-built golf course at Laurel Creek Country Club in Mt. Laurel, New Jersey, featuring an Arnold Palmer-designed golf course.
Dulles Green apartment community in Herndon, Virginia becomes the first rental community developed by Toll Brothers.
1999
NEW LIFE FOR EMPTY NESTERS
Enters Michigan with the acquisition of Detroit's Silverman Companies.
Toll Brothers develops its first Active Adult community with Riviera at Westlake in New Jersey.
Toll Integrated Systems opens a second location in Emporia, Virginia.
2001
NEW TERRAIN
Enters Colorado.
2003
BRIGHT LIGHTS, BIG CITY
The acquisition of Hoboken, NJ-based The Manhattan Building Company spurs the launch of Toll Brothers City Living division.
Jacksonville, Florida-based builder Richard R. Dostie, Inc. is also acquired.
2004
SHOW AND TELL
The first Toll Brothers Design Studio opens in Florida offering home buyers a showroom environment to view and compare the luxury and designer options available for a new Toll Brothers home. Today, there are more than 25 Design Studio locations in key locations throughout the country.
2006
THE BIG APPLE CALLS
Making its Manhattan debut, Toll Brothers City Living develops its first high-rise luxury condominium, One Ten Third, which features 21 stories and 77 residences.
Groundbreaking Design Your Own Home online tool is awarded the coveted Webby Award.
A third Toll Integrated Systems location opens in Knox, Indiana.
2008
ARCHITECTURAL ACHIEVEMENT
Toll Brothers' Naval Square community is recognized by the Preservation Alliance for Greater Philadelphia as a recipient of the 2008 Grand Jury Award for Preservation Achievement for the preservation of historically significant architecture and structures throughout the Philadelphia metropolitan region, South Jersey, and Delaware.
2010
PASSING THE TORCH
Doug Yearley is named Chief Executive Officer of Toll Brothers, and Bob Toll takes on the role of Executive Chairman.
Gibraltar Capital and Asset Management is launched.
2011
NORTH BY NORTHWEST
Enters Washington.
Toll Brothers purchases CamWest.
2012
TWICE IS NICE
Toll Brothers is awarded Builder of the Year by Professional Builder magazine for the second time in its history.
2013
NEW HORIZON
The acquisition of Shapell Industries transforms the Toll Brothers footprint with a major expansion into coastal California.
Brothers City Living expands into metro-Washington, DC.
Building off of previous rental community success, the Toll Brothers Apartment Living division is launched.
Toll Brothers develops its first active adult community west of the Mississippi with Anthem Ranch in Colorado.
Culpepper, Virginia becomes the site of the fourth Toll Integrated Systems location.
2014
THE NEXT LEVEL
Toll Brothers sells its 100,000th home.
Toll Brothers is named Builder of the Year by Builder magazine.
With the launch of Toll Brothers Campus Living and the development of Terrapin Row at the University of Maryland, Toll Brothers changes student housing with a vibrant makeover.
2015
REWARD OF RECOGNITION
Toll Brothers takes the #1 spot for the honors of the "World's Most Admired Company/Home Builders" by FORTUNE magazine and "America's Most Trusted Builder" by Lifestory Research.
For the sixth year in a row, Toll Brothers is voted as one of the Top Workplaces by the Philadelphia Inquirer. The company is also nominated as one of the Top Workplaces for Millennials by FORTUNE magazine.
2016
A PRESTIGIOUS HONOR
Enters Idaho with the acquisition of Coleman Homes.
In the FORTUNE magazine 2016 Survey of the "World's Most Admired Companies®"** Toll Brothers is ranked #6 worldwide across ALL INDUSTRIES in Quality of Products/Services Offered after Apple, Walt Disney, Amazon, Alphabet, and Nordstrom, and before Netflix and Facebook. In the same 2016 survey, Toll Brothers is again named the "#1 Home Builder Worldwide".
Toll Brothers celebrates 30 years on the New York Stock Exchange, finishing 2016 with revenues of $5.17 billion.
2017
A MILESTONE YEAR
Toll Brothers celebrates its 50th anniversary.
2019
SOUTHEASTERN STRENGTH
Expands presence in the Southeast with the acquisition of Sabal Homes in South Carolina and by entering Georgia with the acquisition of Sharp Residential.
2020
INDUSTRY LEADER
Enters Tennessee with the acquisition of Thrive Residential
For the sixth year in a row, Toll Brothers is ranked the "#1 Home Builder Worldwide" on the FORTUNE Magazine "World's Most Admired Companies®" list.†
2021
ACCOUNTABILITY IN ACTION
Expands presence in Nevada with the acquisition of StoryBook Homes in Las Vegas. Toll Brothers releases its first-ever Environmental, Social, and Governance Report.
2022
A LIFE FONDLY REMEMBERED
Robert I. Toll, 1940-2022 | Our founder, mentor, and friend, Bob Toll, leaves behind a legacy of visionary leadership, incomparable life lessons, and generous giving. Learn more on our Bob Toll tribute site.
The Company marks over 150,000 families now living in a Toll Brothers home. For the first time, Toll Brothers surpasses 10,000 homes delivered in a fiscal year (10,515 homes in fiscal 2022). Expands presence in Texas with the acquisition of Rialto Homes in San Antonio.
2023
CONTINUED ADMIRATION
Toll Brothers is once again named the #1 Home Builder on the Fortune Magazine World's Most Admired Companies list, the eighth year it's been so honored.