Toll Brothers
TOL NYSE· Homebuilding
Last close · Oct 26, 2026
$140.40
KIRA · Stoqly’s AI analyst, in plain words
- Toll Brothers had $11.0B of revenue in fiscal 2025, up 1.1% on the year before. Over five years, revenue changed +9.2% a year on average.
- Its operating margin was 15.7%, down 3.1 pts: of every 100 in sales, about 16 is left after running the business.
- Toll Brothers made $1.3B of net profit in fiscal 2025. From fiscal 2016 to 2025, diluted EPS grew 22.4% a year.
- Free cash flow was $1.0B in fiscal 2025, 9.4% of revenue.
- Toll Brothers returned $748M to shareholders in fiscal 2025, 73% of free cash flow. The diluted share count fell 4.7%.
- Toll Brothers owes $1.5B more than it holds in cash, about 0.9 years of operating profit.
Market cap
$13.3B
P/E
11.3x
Revenue
$11.0B
Net income
$1.3B
Free cash flow
$1.0B
Operating margin
15.7%
Toll Brothers in 30 seconds · fiscal 2025
Are sales growing?
+1.1%
Only a little. Sales grew 1.1% last year.
Does it make a profit?
12.3%
Yes. It keeps 12.3% of every sale as profit.
Does profit turn into cash?
9.4%
Partly. 9.4% of sales ends up as free cash.
Is debt under control?
0.9x
Yes. It could repay its debt with 0.9 years of operating profit.
How is the share priced?
11.3x
One share costs 11.3 times its yearly profit per share. Typical for its sector: 17.9x.
What Toll Brothers does
No business description yet.
- Fiscal year ends
- October 31, 2025
- Latest annual report
- 10-K · Dec 19, 2025
- Legal name
- Toll Brothers, Inc.
- CIK
- 0000794170
Toll Brothers · TOL
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $8.8B | $10.3B | $10.0B | $10.8B | $11.0B |
| Revenue growth | 24.2% | 16.9% | −2.7% | 8.5% | 1.1% |
| Gross margin | 22.1% | 24.2% | 26.4% | 27.9% | 25.1% |
| Operating margin | 11.6% | 14.7% | 17.3% | 18.8% | 15.7% |
| Net income | $834M | $1.3B | $1.4B | $1.6B | $1.3B |
| Net margin | 9.5% | 12.5% | 13.7% | 14.5% | 12.3% |
| Diluted EPS | $6.63 | $10.90 | $12.36 | $15.01 | $13.49 |
| Cash | |||||
| Cash from operations | $1.3B | $987M | $1.3B | $1.0B | $1.1B |
| Capital expenditure | $66.9M | $71.7M | $73.0M | $73.6M | $86.2M |
| Free cash flow | $1.2B | $915M | $1.2B | $937M | $1.0B |
| FCF margin | 14.1% | 8.9% | 11.9% | 8.6% | 9.4% |
| Dividends paid | $76.6M | $88.9M | $91.1M | $93.4M | $97.1M |
| Share buybacks | $378M | $543M | $562M | $627M | $651M |
| Share count change | −4.1% | −6.2% | −5.9% | −5.7% | −4.7% |
| Debt and strength | |||||
| Cash and short-term investments | $1.6B | $1.3B | $1.3B | $1.3B | $1.3B |
| Debt incl. finance leases | $3.6B | $3.3B | $2.9B | $2.8B | $2.8B |
| Shareholders' equity | $5.3B | $6.0B | $6.8B | $7.7B | $8.3B |
| Net debt / EBITDA | 1.8x | 1.3x | 0.9x | 0.7x | 0.9x |
| Returns and quality | |||||
| Return on capital | 10.5% | 14.9% | 15.7% | 17.5% | 13.6% |
| Return on equity | 16.4% | 22.8% | 21.4% | 21.7% | 16.9% |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$26.1M
5 insiders
Of sales under plans
0%
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Toll Brothers · TOL
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
Similar companies
Each company’s latest fiscal year. Fiscal years end in different months, so periods don’t line up exactly.
| Company | Market cap | Growth | Op. margin | FCF margin | ROIC | P/E | F-score |
|---|---|---|---|---|---|---|---|
| Toll Brothers TOL | $13.3B | 1.1% | 15.7% | 9.4% | 13.6% | 11.3x | — |
| NVR NVR | $16.0B | −1.9% | — | 10.6% | — | 14.9x | — |
| PulteGroup PHM | $22.8B | −3.5% | — | 10.1% | 17.9% | 12.9x | — |
| KB Home KBH | $2.9B | −10.0% | — | 4.6% | — | 13.1x | — |
| M/I Homes MHO | $3.2B | −1.9% | 11.5% | 2.9% | — | 11.8x | — |
Price compared with profit (P/E)
How many times its yearly profit per share one share costs. Higher means investors pay more for each unit of profit.
KIRA
At $140.40 a share, the company is worth $13.3B: 11.3 times its earnings of the last four quarters.
Toll Brothers grew sales faster than 4 of its 4 similar companies. Its P/E is higher than 0 of 4.
Source: SEC EDGAR XBRL filings (CIK 0000794170). Data updated October 9, 2026. For information only — not investment advice. Check the original filings before relying on any figure.