What is Toll Brothers's earnings per share (EPS)?

Toll Brothers (TOL) reported diluted earnings per share of $13.49 for fiscal year 2025. This represents a -10.1% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Toll Brothers Financials

TOL

FY2025 annual

Revenue $11.0B +1.1% YoY

Net Income $1.3B -14.3% YoY

EPS (Diluted) $13.49 -10.1% YoY

Free Cash Flow $1.0B +9.6% YoY

Source SEC Filings (10-K/10-Q) Data as of Apr 30, 2026 Currency USD FYE October

Toll Brothers (TOL) reported $11.0B in revenue for fiscal year 2025, up 1.1% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI TOL FY2025 2026-08-15

Margin expansion powered the business through FY2024, then FY2025 exposed cost sensitivity while buybacks continued shrinking the share base.

Through FY2024, gross margin rose from 22.1% to 27.9%, indicating that margin—not merely volume—was doing more of the earnings work. In FY2025, revenue increased only 1.1% while gross margin fell to 25.1%, showing that recent earnings momentum was margin-dependent rather than volume-driven.

FY2025 cash conversion remained credible: operating cash flow was $1.11B versus $1.03B of free cash flow, a relatively narrow spread after capital spending. Although net income declined from FY2024, cash generation improved, so the earnings setback was less pronounced in funds produced by operations.

The balance sheet absorbed FY2025 growth without a major leverage step-up: debt-to-equity stayed near 0.8x while equity increased and cash remained around $1.26B. Meanwhile, shares outstanding fell 20.8% from FY2021 to FY2025 while buybacks totaled $651M in FY2025, meaning per-share performance was supported by both operations and a smaller share base.

Financial Health Signals

Financial Health Score 42/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Toll Brothers's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Toll Brothers has an operating margin of 15.7%, meaning the company retains $16 of operating profit per $100 of revenue. This strong profitability earns a score of 83/100, reflecting efficient cost management and pricing power. This is down from 18.8% the prior year.

Growth

Toll Brothers's revenue grew a modest 1.1% year-over-year to $11.0B. This slow but positive growth earns a score of 49/100.

Leverage

Toll Brothers has a moderate D/E ratio of 0.75. This balance of debt and equity financing earns a leverage score of 52/100.

Liquidity

Not available for Toll Brothers, and counted as zero in the overall score.

Cash Flow

Toll Brothers converts 9.4% of revenue into free cash flow ($1.0B). This strong cash generation earns a score of 66/100.

Returns

Not available for Toll Brothers, and counted as zero in the overall score.

Piotroski F-Score Partial

3/7

Toll Brothers passes 3 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 2 of 4 profitability signals pass, all 1 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Mixed

0.83x

For every $1 of reported earnings, Toll Brothers generates $0.83 in operating cash flow ($1.1B OCF vs $1.3B net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.

Key Financial Metrics

Export CSV

Earnings & Revenue

Revenue

$11.0B

YoY+1.1%

5Y CAGR+9.2%

Toll Brothers generated $11.0B in revenue in fiscal year 2025. This represents an increase of 1.1% from the prior year.

EBITDA

$1.8B

YoY-15.0%

5Y CAGR+23.8%

10Y CAGR+14.4%

Toll Brothers's EBITDA was $1.8B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 15.0% from the prior year.

Net Income

$1.3B

YoY-14.3%

5Y CAGR+24.7%

10Y CAGR+14.0%

Toll Brothers reported $1.3B in net income in fiscal year 2025. This represents a decrease of 14.3% from the prior year.

EPS (Diluted)

$13.49

YoY-10.1%

5Y CAGR+31.7%

10Y CAGR+21.2%

Toll Brothers earned $13.49 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 10.1% from the prior year.

Cash & Balance Sheet

Free Cash Flow

$1.0B

YoY+9.6%

5Y CAGR+2.7%

10Y CAGR+35.1%

Toll Brothers generated $1.0B in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 9.6% from the prior year.

Cash & Debt

$1.3B

YoY-3.4%

5Y CAGR-1.7%

10Y CAGR+3.2%

Toll Brothers held $1.3B in cash as of fiscal year 2025; long-term debt is not reported for that period.

Dividends Per Share

$0.98

YoY+8.9%

5Y CAGR+17.4%

Toll Brothers paid $0.98 per share in dividends in fiscal year 2025. This represents an increase of 8.9% from the prior year.

Shares Outstanding

96M

YoY-4.5%

5Y CAGR-5.2%

10Y CAGR-5.9%

Toll Brothers had 96M shares outstanding in fiscal year 2025. This represents a decrease of 4.5% from the prior year.

Margins & Returns

Gross Margin

25.1%

YoY-2.8pp

5Y CAGR+5.1pp

Toll Brothers's gross margin was 25.1% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 2.8 percentage points from the prior year.

Operating Margin

15.7%

YoY-3.1pp

5Y CAGR+7.9pp

Toll Brothers's operating margin was 15.7% in fiscal year 2025, reflecting core business profitability. This is down 3.1 percentage points from the prior year.

Net Margin

12.3%

YoY-2.2pp

5Y CAGR+6.0pp

Toll Brothers's net profit margin was 12.3% in fiscal year 2025, showing the share of revenue converted to profit. This is down 2.2 percentage points from the prior year.

Return on Equity

16.3%

YoY-4.2pp

5Y CAGR+7.1pp

10Y CAGR+7.7pp

Toll Brothers's ROE was 16.3% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 4.2 percentage points from the prior year.

Capital Allocation

Share Buybacks

$651.0M

YoY+3.8%

5Y CAGR+0.5%

10Y CAGR+27.6%

Toll Brothers spent $651.0M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 3.8% from the prior year.

Capital Expenditures

$86.2M

YoY+17.0%

5Y CAGR-4.7%

10Y CAGR+24.7%

Toll Brothers invested $86.2M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 17.0% from the prior year.

R&D Spending

Not reported for fiscal year 2025.

TOL Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

TOL annual income statement

Metric	TTM	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12	FY11
Revenue	$11.0B	$11.0B+1.1%	$10.8B+8.5%	$10.0B-2.7%	$10.3B+16.9%	$8.8B+24.2%	$7.1B-2.0%	$7.2B+1.1%	$7.1B+22.8%	$5.8B	N/A	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	$8.4B	$8.2B+5.0%	$7.8B+6.3%	$7.4B-5.5%	$7.8B+13.8%	$6.8B+21.0%	$5.7B-0.1%	$5.7B+2.3%	$5.5B+21.4%	$4.6B	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	$2.7B	$2.8B-8.9%	$3.0B+14.7%	$2.6B+5.9%	$2.5B+28.0%	$1.9B+37.0%	$1.4B-9.1%	$1.6B-2.9%	$1.6B+28.2%	$1.3B	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$1.1B	$1.0B+5.2%	$982.3M+8.0%	$909.4M-7.0%	$977.8M+6.0%	$922.0M+6.3%	$867.4M-1.3%	$879.2M+7.2%	$820.2M+35.4%	$605.6M+13.6%	$533.1M+17.1%	$455.1M+5.2%	$432.5M+27.2%	$339.9M+18.3%	$287.3M+9.9%	$261.4M
Operating Income	$1.6B	$1.7B-15.7%	$2.0B+18.3%	$1.7B+14.3%	$1.5B+47.8%	$1.0B+85.5%	$550.3M-19.2%	$680.8M-13.4%	$786.2M+21.5%	$647.2M+31.5%	$492.3M+10.2%	$446.9M+12.5%	$397.2M+97.6%	$201.1M+217.0%	$63.4M+237.2%	-$46.2M
Interest Expense	N/A	N/A	N/A	N/A	$0	$0-100.0%	$2.4M	$0	$0	$0	$0	$0	$0	$0	$0	N/A
Income Tax	$428.6M	$444.9M-13.5%	$514.4M+9.4%	$470.3M+12.7%	$417.2M+56.4%	$266.7M+90.1%	$140.3M-28.9%	$197.2M+6.1%	$185.8M-33.4%	$278.8M+34.7%	$206.9M+20.0%	$172.4M+4.8%	$164.6M+69.5%	$97.1M+125.9%	-$374.2M-441.1%	-$69.2M
Net Income	$1.3B	$1.3B-14.3%	$1.6B+14.5%	$1.4B+6.7%	$1.3B+54.3%	$833.6M+86.7%	$446.6M-24.3%	$590.0M-21.1%	$748.2M+39.7%	$535.5M+40.1%	$382.1M+5.2%	$363.2M+6.8%	$340.0M+99.3%	$170.6M-65.0%	$487.1M+1124.1%	$39.8M
EPS (Diluted)	$13.22	$13.49-10.1%	$15.01+21.4%	$12.36+13.4%	$10.90+64.4%	$6.63+95.0%	$3.40-15.6%	$4.03-16.9%	$4.85+53.0%	$3.17+45.4%	$2.18+10.7%	$1.97+7.1%	$1.84+89.7%	$0.97-66.1%	$2.86+1091.7%	$0.24

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Revenue	$2.5B+18.0%	$2.1B-37.3%	$3.4B+16.2%	$2.9B+7.5%	$2.7B+47.3%	$1.9B-44.2%	$3.3B+22.2%	$2.7B
Cost of Revenue	$1.9B+15.4%	$1.7B-35.2%	$2.6B+16.9%	$2.2B+8.4%	$2.0B+45.3%	$1.4B-42.9%	$2.5B+23.5%	$2.0B
Gross Profit	$604.9M+26.8%	$477.0M-43.7%	$847.9M+14.4%	$741.4M+5.1%	$705.4M+53.5%	$459.5M-47.8%	$880.8M+18.7%	$742.0M
SG&A Expenses	$258.3M+0.1%	$257.9M-9.1%	$283.8M+11.9%	$253.7M-0.8%	$255.8M+6.4%	$240.4M-10.9%	$269.7M+10.2%	$244.8M
Operating Income	$346.6M+58.2%	$219.1M-61.2%	$564.1M+15.7%	$487.7M+8.5%	$449.7M+105.2%	$219.1M-64.1%	$611.1M+22.9%	$497.2M
Income Tax	$89.8M+43.3%	$62.6M-57.2%	$146.3M+12.6%	$129.9M+3.9%	$125.1M+186.3%	$43.7M-70.0%	$145.7M+12.9%	$129.0M
Net Income	$260.6M+23.5%	$210.9M-52.8%	$446.7M+20.9%	$369.6M+4.9%	$352.4M+98.3%	$177.7M-62.6%	$475.4M+26.9%	$374.6M
EPS (Diluted)	$2.72+24.2%	$2.19-52.2%	$4.58+22.8%	$3.73+6.6%	$3.50+100.0%	$1.75-62.2%	$4.63+28.6%	$3.60

Not reported in any period shown, so not listed: R&D Expenses.

TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.

TOL Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

TOL annual balance sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12	FY11
Total Assets	$14.5B+8.6%	$13.4B+6.7%	$12.5B+1.9%	$12.3B+6.5%	$11.5B+4.3%	$11.1B+2.2%	$10.8B+5.7%	$10.2B+8.5%	$9.4B-3.0%	$9.7B+5.8%	$9.2B+9.6%	$8.4B+23.0%	$6.8B+10.5%	$6.2B+22.3%	$5.1B
Cash & Equivalents	$1.3B-3.4%	$1.3B+0.2%	$1.3B-3.5%	$1.3B-17.8%	$1.6B+19.5%	$1.4B+6.6%	$1.3B+8.8%	$1.2B+65.8%	$712.8M+12.5%	$633.7M-31.0%	$919.0M+56.7%	$586.3M-24.1%	$773.0M0.0%	$773.0M-14.7%	$906.3M
Total Liabilities	$6.2B+9.7%	$5.7B-0.6%	$5.7B-8.8%	$6.3B+1.1%	$6.2B+1.0%	$6.1B+7.5%	$5.7B+4.3%	$5.5B+11.6%	$4.9B-10.8%	$5.5B+10.5%	$5.0B+9.7%	$4.5B+30.1%	$3.5B+14.3%	$3.1B+24.0%	$2.5B
Total Equity	$8.3B+7.8%	$7.7B+12.9%	$6.8B+13.2%	$6.0B+13.4%	$5.3B+8.6%	$4.9B-3.9%	$5.1B+6.5%	$4.8B+5.1%	$4.5B+7.1%	$4.2B+0.2%	$4.2B+9.6%	$3.9B+15.6%	$3.3B+6.8%	$3.1B+20.7%	$2.6B
Retained Earnings	$8.6B+5.2%	$8.2B+22.1%	$6.7B+8.3%	$6.2B+24.1%	$5.0B-3.8%	$5.2B+8.2%	$4.8B-7.5%	$5.2B+15.4%	$4.5B+12.5%	$4.0B+10.6%	$3.6B+11.2%	$3.2B+11.8%	$2.9B+6.3%	$2.7B+21.8%	$2.2B

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Total Assets	$14.5B+0.7%	$14.4B-0.6%	$14.5B+0.9%	$14.4B+1.4%	$14.2B+4.2%	$13.6B+1.9%	$13.4B+0.1%	$13.4B
Cash & Equivalents	$1.1B-8.1%	$1.2B-4.5%	$1.3B+47.7%	$852.3M+24.2%	$686.5M+19.4%	$574.8M-55.9%	$1.3B+45.8%	$893.4M
Total Liabilities	$6.0B+0.6%	$6.0B-3.6%	$6.2B-0.8%	$6.3B+0.9%	$6.2B+7.2%	$5.8B+2.3%	$5.7B-4.2%	$5.9B
Total Equity	$8.5B+0.8%	$8.4B+1.7%	$8.3B+2.2%	$8.1B+1.8%	$7.9B+2.0%	$7.8B+1.6%	$7.7B+3.5%	$7.4B
Retained Earnings	$9.0B+2.7%	$8.8B+2.2%	$8.6B-4.5%	$9.0B+4.0%	$8.6B+3.9%	$8.3B+1.9%	$8.2B+5.9%	$7.7B

Not reported in any period shown, so not listed: Current Assets, Inventory, Accounts Receivable, Goodwill, Current Liabilities, Long-Term Debt.

TOL Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

TOL annual cash flow statement

Metric	TTM	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12	FY11
Operating Cash Flow	$1.3B	$1.1B+10.1%	$1.0B-20.2%	$1.3B+28.3%	$986.8M-24.3%	$1.3B+29.3%	$1.0B+130.3%	$437.7M-25.6%	$588.2M-31.7%	$861.7M+471.1%	$150.9M+150.7%	$60.2M-80.8%	$313.2M+155.0%	-$569.0M-231.7%	-$171.5M-392.0%	$58.8M
Capital Expenditures	$96.6M	$86.2M+17.0%	$73.6M+0.9%	$73.0M+1.7%	$71.7M+7.2%	$66.9M-39.0%	$109.6M+26.0%	$87.0M+208.1%	$28.2M-2.2%	$28.9M+1.6%	$28.4M+200.9%	$9.4M-37.3%	$15.1M-43.3%	$26.6M+122.9%	$11.9M-22.9%	$15.5M
Free Cash Flow	$1.2B	$1.0B+9.6%	$936.5M-21.5%	$1.2B+30.4%	$915.1M-26.0%	$1.2B+37.6%	$898.6M+156.2%	$350.7M-37.4%	$560.0M-32.8%	$832.8M+580.1%	$122.5M+141.4%	$50.7M-83.0%	$298.1M+150.1%	-$595.5M-224.6%	-$183.5M-523.7%	$43.3M
Investing Cash Flow	$20.5M	-$310.0M-85.0%	-$167.6M-11.3%	-$150.6M+1.7%	-$153.2M-3516.1%	-$4.2M+97.6%	-$177.8M-134.3%	-$75.9M	N/A	N/A	$8.2M	N/A	N/A	$332.7M+159.4%	-$560.5M-597.4%	-$80.4M
Financing Cash Flow	-$922.2M	-$833.9M-2.1%	-$816.5M+30.2%	-$1.2B-4.5%	-$1.1B-10.7%	-$1.0B-34.2%	-$753.3M-191.4%	-$258.5M	N/A	N/A	-$442.3M	N/A	N/A	$230.4M-61.9%	$604.6M+644.2%	-$111.1M
Dividends Paid	$97.5M	$97.1M+3.9%	$93.4M+2.5%	$91.1M+2.5%	$88.9M+16.0%	$76.6M+35.4%	$56.6M-11.1%	$63.6M+3.1%	$61.7M+59.9%	$38.6M	$0	N/A	$0	N/A	N/A	N/A
Share Buybacks	$676.1M	$651.0M+3.8%	$627.1M+11.7%	$561.6M+3.5%	$542.7M+43.5%	$378.3M-40.3%	$634.1M+171.5%	$233.5M-53.6%	$503.2M+73.0%	$290.9M-25.9%	$392.8M+590.4%	$56.9M-37.3%	$90.8M+490.2%	$15.4M+2945.0%	$505K-99.0%	$49.1M

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Operating Cash Flow	$134.4M+1749.9%	$7.3M-99.1%	$800.0M+116.0%	$370.3M+2.1%	$362.8M+186.2%	-$420.8M-161.7%	$682.5M+288.6%	$175.6M
Capital Expenditures	$24.5M+29.7%	$18.9M-32.2%	$27.8M+9.4%	$25.4M+63.2%	$15.6M-10.0%	$17.3M-4.8%	$18.2M-29.4%	$25.8M
Free Cash Flow	$110.0M+1048.6%	-$11.6M-101.5%	$772.2M+123.9%	$344.9M-0.7%	$347.3M+179.3%	-$438.1M-165.9%	$664.3M+343.3%	$149.9M
Investing Cash Flow	-$44.9M-123.9%	$187.7M+368.6%	-$69.9M-33.3%	-$52.4M+23.3%	-$68.3M+42.8%	-$119.5M-131.6%	-$51.6M-236.1%	-$15.3M
Financing Cash Flow	-$194.1M+24.6%	-$257.3M+21.9%	-$329.5M-133.2%	-$141.3M+24.0%	-$185.9M-4.9%	-$177.2M+20.8%	-$223.8M+21.3%	-$284.4M
Dividends Paid	$24.4M-2.3%	$25.0M+5.2%	$23.8M-2.0%	$24.3M-1.5%	$24.6M+0.9%	$24.4M+5.8%	$23.1M-0.9%	$23.3M
Share Buybacks	$179.6M+256.1%	$50.4M-79.6%	$246.7M+23.7%	$199.4M+10.1%	$181.2M+662.8%	$23.7M-88.3%	$203.5M-16.4%	$243.5M

TOL Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples.

TOL annual financial ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12	FY11
Gross Margin	25.1%-2.8pp	27.9%+1.5pp	26.4%+2.2pp	24.2%+2.1pp	22.1%+2.1pp	20.0%-1.6pp	21.6%-0.9pp	22.5%+0.9pp	21.5%	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	15.7%-3.1pp	18.8%+1.5pp	17.3%+2.6pp	14.7%+3.1pp	11.6%+3.8pp	7.8%-1.7pp	9.4%-1.6pp	11.0%-0.1pp	11.1%	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	12.3%-2.2pp	14.5%+0.8pp	13.7%+1.2pp	12.5%+3.0pp	9.5%+3.2pp	6.3%-1.9pp	8.2%-2.3pp	10.5%+1.3pp	9.2%	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	16.3%-4.2pp	20.5%+0.3pp	20.2%-1.2pp	21.4%+5.7pp	15.7%+6.6pp	9.2%-2.5pp	11.6%-4.1pp	15.7%+3.9pp	11.8%+2.8pp	9.0%+0.4pp	8.6%-0.2pp	8.8%+3.7pp	5.1%-10.5pp	15.6%+14.1pp	1.5%
Return on Assets	9.3%-2.5pp	11.8%+0.8pp	10.9%+0.5pp	10.5%+3.2pp	7.2%+3.2pp	4.0%-1.4pp	5.5%-1.8pp	7.3%+1.6pp	5.7%+1.8pp	3.9%0.0pp	3.9%-0.1pp	4.0%+1.6pp	2.5%-5.4pp	7.9%+7.1pp	0.8%
Debt-to-Equity	0.750.0x	0.74-0.1x	0.84-0.2x	1.04-0.1x	1.17-0.1x	1.26+0.1x	1.130.0x	1.15+0.1x	1.08-0.2x	1.30+0.1x	1.180.0x	1.18+0.1x	1.05+0.1x	0.980.0x	0.95
FCF Margin	9.4%+0.7pp	8.6%-3.3pp	11.9%+3.0pp	8.9%-5.2pp	14.1%+1.4pp	12.7%+7.8pp	4.9%-3.0pp	7.8%-6.5pp	14.3%	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Gross Margin	23.9%+1.7pp	22.2%-2.5pp	24.8%-0.4pp	25.2%-0.6pp	25.8%+1.0pp	24.7%-1.7pp	26.4%-0.8pp	27.2%
Operating Margin	13.7%+3.5pp	10.2%-6.3pp	16.5%-0.1pp	16.6%+0.1pp	16.4%+4.6pp	11.8%-6.5pp	18.3%+0.1pp	18.2%
Net Margin	10.3%+0.5pp	9.8%-3.2pp	13.1%+0.5pp	12.6%-0.3pp	12.9%+3.3pp	9.6%-4.7pp	14.3%+0.5pp	13.7%
Return on Equity	3.1%+0.6pp	2.5%-2.9pp	5.4%+0.8pp	4.6%+0.1pp	4.4%+2.1pp	2.3%-3.9pp	6.2%+1.1pp	5.1%
Return on Assets	1.8%+0.3pp	1.5%-1.6pp	3.1%+0.5pp	2.6%+0.1pp	2.5%+1.2pp	1.3%-2.3pp	3.6%+0.8pp	2.8%
Debt-to-Equity	0.710.0x	0.710.0x	0.750.0x	0.780.0x	0.780.0x	0.750.0x	0.74-0.1x	0.80
FCF Margin	4.3%+4.9pp	-0.5%-23.1pp	22.6%+10.8pp	11.7%-1.0pp	12.7%+36.2pp	-23.6%-43.5pp	19.9%+14.4pp	5.5%

Not reported in any period shown, so not listed: Current Ratio.

Similar Companies

$17.0B

$24.7B

$41.7B

$21.2B

Taylor Morrison Home Corp TMHC

$6.7B

Where Toll Brothers Ranks

Frequently Asked Questions

What is Toll Brothers's annual revenue?

Toll Brothers (TOL) reported $11.0B in total revenue for fiscal year 2025. This represents a 1.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Toll Brothers's revenue growing?

Toll Brothers (TOL) revenue grew by 1.1% year-over-year, from $10.8B to $11.0B in fiscal year 2025.

Is Toll Brothers profitable?

Yes, Toll Brothers (TOL) reported a net income of $1.3B in fiscal year 2025, with a net profit margin of 12.3%.

What is Toll Brothers's EBITDA?

Toll Brothers (TOL) had EBITDA of $1.8B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

What is Toll Brothers's gross margin?

Toll Brothers (TOL) had a gross margin of 25.1% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Toll Brothers's operating margin?

Toll Brothers (TOL) had an operating margin of 15.7% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Toll Brothers's net profit margin?

Toll Brothers (TOL) had a net profit margin of 12.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does Toll Brothers pay dividends?

Yes, Toll Brothers (TOL) paid $0.98 per share in dividends during fiscal year 2025.

What is Toll Brothers's return on equity (ROE)?

Toll Brothers (TOL) has a return on equity of 16.3% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Toll Brothers's free cash flow?

Toll Brothers (TOL) generated $1.0B in free cash flow during fiscal year 2025. This represents a 9.6% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Toll Brothers's operating cash flow?

Toll Brothers (TOL) generated $1.1B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Toll Brothers's total assets?

Toll Brothers (TOL) had $14.5B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Toll Brothers's capital expenditures?

Toll Brothers (TOL) invested $86.2M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Does Toll Brothers buy back shares?

Yes, Toll Brothers (TOL) spent $651.0M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Toll Brothers have outstanding?

Toll Brothers (TOL) had 96M shares outstanding as of fiscal year 2025.

What is Toll Brothers's debt-to-equity ratio?

Toll Brothers (TOL) had a debt-to-equity ratio of 0.75 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Toll Brothers's return on assets (ROA)?

Toll Brothers (TOL) had a return on assets of 9.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Toll Brothers's Piotroski F-Score?

Toll Brothers (TOL) has a Piotroski F-Score of 3 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Toll Brothers's earnings high quality?

Toll Brothers (TOL) has an earnings quality ratio of 0.83x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Toll Brothers?

Toll Brothers (TOL) scores 42 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.