HORSHAM, Pa., Jan. 22, 2018 (GLOBE NEWSWIRE) -- For the fourth consecutive year, Toll Brothers, Inc. (NYSE:TOL) (www.tollbrothers.com), the nation’s leading builder of luxury homes, has been named the Most Admired Home Building Company in Fortune magazine’s survey of the World’s Most Admired Companies. The 2018 survey, which involved companies across more than 50 industries and 29 countries, asked executives, directors, and analysts to rate companies in their own industries in nine categories. In addition to receiving the top ranking overall, Toll Brothers ranked #1 in the following categories: Quality of Products and Services, Quality of Management, Innovation, People Management, Use of Corporate Assets, Social Responsibility, and Financial Soundness, and ranked #2 in Long-Term Investment Value and Global Competitiveness.
Douglas C. Yearley, Jr., Toll Brothers’ chief executive officer, stated: “We are honored to have been named for the fourth consecutive year as World’s Most Admired Home Builder. This recognition reflects the tremendous hard work and commitment to excellence of the entire Toll Brothers organization and our focus on providing our home buyers with exceptional quality, value and service.”
Robert I. Toll, Toll Brothers’ executive chairman, stated: “As we celebrate our 50th Anniversary, this honor is particularly meaningful. Being named World’s Most Admired Home Builder for the fourth consecutive year is a tribute to the amazing diligence and determination of the entire Toll Brothers family as we continue to strive to create extraordinary homes and communities for our customers.”
About Toll Brothers
Toll Brothers, Inc., A FORTUNE 500 Company, is the nation's leading builder of luxury homes. The Company began business fifty years ago in 1967 and became a public company in 1986. Its common stock is listed on the New York Stock Exchange under the symbol “TOL.” The Company serves move-up, empty-nester, active-adult, and second-home buyers and operates in 20 states: Arizona, California, Colorado, Connecticut, Delaware, Florida, Idaho, Illinois, Maryland, Massachusetts, Michigan, Minnesota, Nevada, New Jersey, New York, North Carolina, Pennsylvania, Texas, Virginia, and Washington, as well as in the District of Columbia.
Toll Brothers builds an array of luxury residential single-family detached, attached home, master planned resort-style golf, and urban low-, mid-, and high-rise communities, principally on land it develops and improves. The Company operates its own architectural, engineering, mortgage, title, land development and land sale, golf course development and management, home security, and landscape subsidiaries. The Company also operates its own lumber distribution, house component assembly, and manufacturing operations. Through its Gibraltar Capital and Asset Management joint venture, the Company provides builders and developers with land banking and joint venture capital. The Company acquires and develops rental apartment and commercial properties through Toll Brothers Apartment Living, Toll Brothers Campus Living, and the affiliated Toll Brothers Realty Trust, and develops urban low-, mid-, and high-rise for-sale condominiums through Toll Brothers City Living.
In 2018, Toll Brothers was named World’s Most Admired Home Building Company in Fortune magazine’s survey of the World’s Most Admired Companies, the fourth year in a row it has been so honored. Toll Brothers was named 2014 Builder of the Year by Builder magazine, and is honored to have been awarded Builder of the Year in 2012 by Professional Builder magazine, making it the first two-time recipient. Toll Brothers proudly supports the communities in which it builds; among other philanthropic pursuits, the Company sponsors the Toll Brothers Metropolitan Opera International Radio Network, bringing opera to neighborhoods throughout the world. For more information, visit www.tollbrothers.com.
Toll Brothers discloses information about its business and financial performance and other matters, and provides links to its securities filings, notices of investor events, and earnings and other news releases, on the Investor Relations section of its website (Toll Brothers discloses information about its business and financial performance and other matters, and provides links to its securities filings, notices of investor events, and earnings and other news releases, on the Investor Relations section of its website (tollbrothers.com/investor-relations).
To learn more about Fortune magazine’s World’s Most Admired Companies survey visit:
CONTACT:
Frederick N. Cooper (215) 938-8312
fcooper@tollbrothers.com
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/a3825a37-038c-4856-b2d9-46ca2d40f9ca