Toll Brothers (TOL): FY25 Q4 earnings call, Dec 9, 2025

No Kalshi or Polymarket word markets were listed for Toll Brothers’s Dec 9, 2025 earnings call (FY25 Q4). The transcript is searchable below (quotes of at most 25 words).

Updated

Transcript

quotes of at most 25 words

Speaker-labelled transcript · Source and credits · Used to count words; quotes of at most 25 words.

10 matches for “Incentive”; 5 quoted, at least 25 words apart.

Douglas Yearleycompanyprepared

…to take a measured approach to balancing pace and price. Our average incentive was the same as the third quarter at approximately 8% of delivered…

Douglas Yearleycompanyprepared

…a lower rate to qualify for a mortgage and they'd rather spend incentive dollars upgrading their homes through our design studios. In the fourth quarter,…

Douglas Yearleycompanyprepared

…assuming any improvement in market conditions. We are not assuming that 8% incentive comes down. We have a lot of communities opening in the first…

Douglas Yearleycompanyprepared

…along. And so we all know right now, there is a bigger incentive on spec than there is on build-to-order. And in the later part…

Michael Rehautcompanyprepared

…on the gross margins. I think you've highlighted the fact that your incentives are roughly flattish, at least most recently. I think you just said…

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