HORSHAM, Pa., March 20, 2009 (GLOBE NEWSWIRE) -- Toll Brothers, Inc., (NYSE:TOL) (www.tollbrothers.com), the nation's leading builder of luxury homes, ranked #1 in five of the nine rating categories among Home Builders in Fortune magazine's recently released list of World's Most Admired Companies 2009. Toll Brothers was voted #1 among home builders in Quality of Products and Services, Quality of Management, Financial Soundness, Long-term Investment and Use of Corporate Assets. The Company ranked second in Innovation and People Management. The survey, which involved 64 industries, asked executives, directors, and analysts to rate companies in their own industry on nine criteria, from investment value to social responsibility.
Robert I. Toll, chairman and chief executive officer, stated: "We are proud that our Company was recognized with the most #1 rankings of any Homebuilder in Fortune's comprehensive survey. We are honored to have rated at the top not only in Quality of Management and all financial metrics, but also in Quality of Products and Services. These rankings are a tribute to the hard work and dedication of the entire Toll Brothers team."
Toll Brothers, Inc. 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 home buyers and operates in 21 states: Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Illinois, Maryland, Massachusetts, Michigan, Minnesota, Nevada, New Jersey, New York, North Carolina, Pennsylvania, South Carolina, Texas, Virginia and West Virginia.
Toll Brothers builds luxury single-family detached and attached home communities, master planned luxury residential resort-style golf communities 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, and house component assembly and manufacturing operations.
Toll Brothers, a FORTUNE 500 Company, is the only publicly traded national home building company to have won all three of the industry's highest honors: America's Best Builder from the National Association of Home Builders, the National Housing Quality Award, and Builder of the Year. 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 tollbrothers.com.