Toll Brothers Named World’s Most Admired Home Building Company for 4th Consecutive Year in Fortune Magazine 2018 Survey of...
January 22 2018 - 1:00PM
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:
http://fortune.com/worlds-most-admired-companies/list/filtered?industry=Homebuilders&sortBy=industry-rank
CONTACT:Frederick N. Cooper (215)
938-8312fcooper@tollbrothers.com
A photo accompanying this announcement is available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/a3825a37-038c-4856-b2d9-46ca2d40f9ca
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