Pricing Log in Create free account
Friday 6 November 2026 Export TOL’s income statement to Excel — free account

Toll Brothers Inc.

TOL Consumer Cyclical Residential Construction

Toll Brothers Inc.’s revenue for fiscal 2025 (year ended October 2025) was $11.0 billion, up 1.11% from fiscal 2024.

Revenue
−9.72%
EPS
−20.7%
Free cash flow
−36.3%
Total debt
−6.02%

Quarter to July 2026, against a year earlier

155.21 3.28 −2.07%
Market cap
$14.3B
P/E
12.4×
Fwd P/E
11.5×
Dividend yield
0.66%
F-score
4/9
Altman Z
4.06
Beneish M
−2.35
Dividend safety
92/100
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Toll Brothers Inc. (TOL) Debt to equity

Alert me on Debt to equity

Toll Brothers Inc.'s debt to equity at the end of the quarter to 31 July 2026 was 0.3×, down 0.0× from fiscal 2025 (0.3×). Over the past ten years it has ranged from 0.3× (fiscal 2025) to 0.9× (fiscal 2015) — the current reading is the lowest in ten years. That is above the Residential Construction industry median of 0.2× and above the Consumer Cyclical sector median of 0.2×.

Debt to equity, annual

Embed this chart

Annual newest first

Period Debt to equity Change
FY2025 0.3× (8.68%)
FY2024 0.4× (12.22%)
FY2023 0.4× (24.07%)
FY2022 0.6× (17.13%)
FY2021 0.7× (16.94%)
FY2020 0.8× 4.86%
FY2019 0.8× (1.21%)
FY2018 0.8× 9.27%
FY2017 0.7× (20.38%)
FY2016 0.9× (0.56%)

Quarterly newest first

Period Debt to equity Change
Jul 2026 0.3× (1.28%)
Apr 2026 0.3× 1.49%
Jan 2026 0.3× (3.95%)
Oct 2025 0.3× (7.25%)
43 more quarters

Against its own ten years

Low 0.3× High 0.9×
Ten-year median 0.7×
Current reading's percentile 9

Debt to equity against peers

Company Debt to equity
CVCO Cavco Industries, Inc. compare 0.0×
NVR NVR, Inc. compare 0.0×
SKY Champion Homes, Inc. compare 0.0×
PHM PulteGroup, Inc. compare 0.2×
LEN Lennar Corporation compare 0.2×
LEN.B Lennar Corporation compare 0.2×
DHI D.R. Horton, Inc. compare 0.3×
TOL Toll Brothers Inc. 0.3×
IBP Installed Building Products, Inc. compare 1.5×
Residential Construction industry median 0.2×
Consumer Cyclical sector median 0.2×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

More on TOL