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 for 2016. The survey, which began with over
1,500 companies across more than 50 industries, asked over 4,000
executives, directors, and analysts to rate companies in their own
industry on 9 criteria.
In addition to receiving the top ranking overall in the Home
Builder sector, Toll Brothers ranked #6 among all 1,500 companies
in the survey in the Quality of Products/Services category behind
only Apple, Walt Disney, Amazon, Alphabet, and Nordstrom, and ahead
of Netflix, Facebook, Alcoa and Wynn Resorts, the group that
comprised the top 10 ranked companies. Within the Home Builder
sector, Toll Brothers ranked #1 in the following categories:
Innovation, Social Responsibility, Quality of Management, Financial
Soundness, and Quality of Products/Services.
Douglas C. Yearley, Jr., Toll Brothers' chief executive officer,
stated: "We have won many prestigious awards in our nearly 50 years
in business–U.S. Builder of the Year several times, America's Best
Builder, and The National Housing Quality Award among many others.
But to be ranked #6 in the world across all industries for the
quality of our products and services in Fortune magazine's survey
of the World's Most Admired Companies-behind only Apple, Walt
Disney, Amazon, Alphabet, and Nordstrom–must be the greatest honor
in our history.
"This recognition, coupled with, again, being ranked by Fortune
magazine as the Most Admired Home Building Company among the
World's Most Admired Companies, is an incredible tribute to our
Toll Brothers associates and their dedication to our customers and
our communities."
Robert I. Toll, Toll Brothers' executive chairman, stated: "We
thank Fortune magazine for these tremendous honors. Our goal has
always been to provide our customers with the homes of their
dreams. To have this effort recognized by such a prestigious group
of executives and analysts and to be grouped among the finest
companies in the world for the quality of our products reflects
wonderfully on the customer-focused culture that drives our
business each and every day. It is a marvelous acknowledgement of
the hard work and commitment of the entire Toll Brothers team."
According to Fortune, the Most Admired list is the definitive
report card on corporate reputations. Fortune's survey partners at
Hay Group started with approximately 1,500 companies: the Fortune
1,000, consisting of the 1,000 largest U.S. companies ranked by
revenue, and non-U.S. companies in Fortune's Global 500 database
with revenues of $10 billion or more.
Toll Brothers, Inc., a Fortune 1000 Company, is the nation's
leading builder of luxury homes. The Company began business 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 19 states: Arizona,
California, Colorado, Connecticut, Delaware, Florida, Illinois,
Maryland, Massachusetts, Michigan, Minnesota, Nevada, New Jersey,
New York, North Carolina, Pennsylvania, Texas, Virginia, and
Washington, and 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. The Company purchases distressed loan and real
estate asset portfolios through its wholly owned subsidiary,
Gibraltar Capital and Asset Management. The Company acquires and
develops commercial and apartment 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 addition to being named as the Most Admired Home Building
Company in Fortune magazine's survey of the World's Most Admired
Companies for 2016, 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 (tollbrothers.com/investor_relations).
CONTACT: Financial Media
Frederick N. Cooper (215) 938-8312
fcooper@tollbrothersinc.com
General Media
Kira Sterling (215)-938-8220
ksterling@tollbrothersinc.com
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