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Toll Brothers (TOL) is a Consumer Discretionary company in the Russell 1000. Latest news and coverage below.
| FY2016Oct 2016 | FY2017Oct 2017 | FY2018Oct 2018 | FY2019Oct 2019 | FY2020Oct 2020 | FY2021Oct 2021 | FY2022Oct 2022 | FY2023Oct 2023 | FY2024Oct 2024 | FY2025Oct 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | — | $5.82B | $7.14B | $7.22B | $7.08B | $8.79B | $10.3B | $9.99B | $10.8B | $11.0B |
| Growth (year over year) | — | — | +22.8% | +1.1% | −2.0% | +24.2% | +16.9% | −2.7% | +8.5% | +1.1% |
| Gross profit | — | $1.25B | $1.61B | $1.56B | $1.42B | $1.94B | $2.49B | $2.63B | $3.02B | $2.75B |
| Gross margin | — | 21.5% | 22.5% | 21.6% | 20.0% | 22.1% | 24.2% | 26.4% | 27.9% | 25.1% |
| Operating income | $492.3M | $647.2M | $786.2M | $680.8M | $550.3M | $1.02B | $1.51B | $1.72B | $2.04B | $1.72B |
| Operating margin | — | 11.1% | 11.0% | 9.4% | 7.8% | 11.6% | 14.7% | 17.3% | 18.8% | 15.7% |
| Net income | $382.1M | $535.5M | $748.2M | $590.0M | $446.6M | $833.6M | $1.29B | $1.37B | $1.57B | $1.35B |
| Net margin | — | 9.2% | 10.5% | 8.2% | 6.3% | 9.5% | 12.5% | 13.7% | 14.5% | 12.3% |
| EPS (diluted) | $2.18 | $3.17 | $4.85 | $4.03 | $3.40 | $6.63 | $10.90 | $12.36 | $15.01 | $13.49 |
| Balance sheet | ||||||||||
| Cash and equivalents | $633.7M | $712.8M | $1.18B | $1.29B | $1.37B | $1.64B | $1.35B | $1.30B | $1.30B | $1.26B |
| Total assets | $9.74B | $9.45B | $10.2B | $10.8B | $11.1B | $11.5B | $12.3B | $12.5B | $13.4B | $14.5B |
| Total liabilities | $5.50B | $4.91B | $5.48B | $5.71B | $6.14B | $6.20B | $6.27B | $5.71B | $5.68B | $6.23B |
| Shareholders' equity | $4.23B | $4.53B | $4.76B | $5.07B | $4.88B | $5.30B | $6.01B | $6.80B | $7.67B | $8.27B |
| Cash flow | ||||||||||
| Operating cash flow | $150.9M | $861.7M | $588.2M | $437.7M | $1.01B | $1.30B | $986.8M | $1.27B | $1.01B | $1.11B |
| Capital expenditure | $28.4M | $28.9M | $28.2M | $87.0M | $109.6M | $66.9M | $71.7M | $73.0M | $73.6M | $86.2M |
| Free cash flow | $122.5M | $832.8M | $560.0M | $350.7M | $898.6M | $1.24B | $915.1M | $1.19B | $936.5M | $1.03B |
| Dividends paid | $0 | $38.6M | $61.7M | $63.6M | $56.6M | $76.6M | $88.9M | $91.1M | $93.4M | $97.1M |
| Share buybacks | $392.8M | $290.9M | $503.2M | $233.5M | $634.1M | $378.3M | $542.7M | $561.6M | $627.1M | $651.0M |
| Q4 FY24†Oct 2024 | Q1 FY25Jan 2025 | Q2 FY25Apr 2025 | Q3 FY25Jul 2025 | Q4 FY25†Oct 2025 | Q1 FY26Jan 2026 | Q2 FY26Apr 2026 | Q3 FY26Jul 2026 | |
|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||
| Revenue | $3.33B | $1.86B | $2.74B | $2.95B | $3.42B | $2.15B | $2.53B | $2.66B |
| Growth (year over year) | +10.4% | −4.6% | −3.5% | +8.0% | +2.7% | +15.4% | −7.6% | −9.7% |
| Gross profit | $880.8M | $459.5M | $705.4M | $741.4M | $847.9M | $477.0M | $604.9M | $625.2M |
| Gross margin | 26.4% | 24.7% | 25.8% | 25.2% | 24.8% | 22.2% | 23.9% | 23.5% |
| Operating income | $611.1M | $219.1M | $449.7M | $487.7M | $564.1M | $219.1M | $346.6M | $359.2M |
| Operating margin | 18.3% | 11.8% | 16.4% | 16.6% | 16.5% | 10.2% | 13.7% | 13.5% |
| Net income | $475.4M | $177.7M | $352.4M | $369.6M | $446.7M | $210.9M | $260.6M | $280.1M |
| Net margin | 14.3% | 9.6% | 12.9% | 12.6% | 13.0% | 9.8% | 10.3% | 10.5% |
| EPS (diluted) | $4.61 | $1.75 | $3.50 | $3.73 | $4.51 | $2.19 | $2.72 | $2.97 |
| Balance sheet | ||||||||
| Cash and equivalents | $1.30B | $574.8M | $686.5M | $852.3M | $1.26B | $1.20B | $1.11B | $1.06B |
| Total assets | $13.4B | $13.6B | $14.2B | $14.4B | $14.5B | $14.4B | $14.5B | $14.7B |
| Total liabilities | $5.68B | $5.81B | $6.23B | $6.29B | $6.23B | $6.01B | $6.05B | $6.14B |
| Shareholders' equity | $7.67B | $7.80B | $7.95B | $8.10B | $8.27B | $8.41B | $8.48B | $8.53B |
| Cash flow | ||||||||
| Operating cash flow | $682.5M | −$420.8M | $362.8M | $370.3M | $800.0M | $7.27M | $134.4M | $250.3M |
| Capital expenditure | $18.2M | $17.3M | $15.6M | $25.4M | $27.8M | $18.9M | $24.5M | $30.7M |
| Free cash flow | $664.3M | −$438.1M | $347.3M | $344.9M | $772.2M | −$11.6M | $110.0M | $219.6M |
| Dividends paid | $23.1M | $24.4M | $24.6M | $24.3M | $23.8M | $25.0M | $24.4M | $24.1M |
| Share buybacks | $203.5M | $23.7M | $181.2M | $199.4M | $246.7M | $50.4M | $179.6M | $204.9M |
From Toll Brothers's 10-K and 10-Q filings with the SEC; its fiscal year ends in October. Each period shows the latest figure the company has reported for it, including restatements. † Quarter derived from the company's year-to-date or full-year totals. Filings on SEC EDGAR →
Toll Brothers, Inc. is an American homebuilding company that builds, markets, and finances for residential and commercial properties in the United States. In 2020, the company was the fifth largest home builder in the United States, based on homebuilding revenue. The company is ranked 411th on the Fortune 500.
Source: Wikipedia — Toll Brothers
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