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

Toll Brothers Inc. (TOL) Operating margin

Alert me on Operating margin

Toll Brothers Inc.'s operating margin over the twelve months to 31 July 2026 was 13.8%, down 1.8 percentage points from fiscal 2025 (15.7%). Over the past ten years it has ranged from 7.77% (fiscal 2020) to 18.8% (fiscal 2024); the current reading is higher than 82% of that period. That is above the Residential Construction industry median of 7.50% and above the Consumer Cyclical sector median of 3.88%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 15.7% (3.12)
FY2024 18.8% 1.55
FY2023 17.3% 2.58
FY2022 14.7% 3.07
FY2021 11.6% 3.84
FY2020 7.77% (1.65)
FY2019 9.42% (1.59)
FY2018 11.0% (0.12)
FY2017 11.1% 1.61
FY2016 9.52% (1.19)

Quarterly newest first

Period Operating margin Change (points)
Jul 2026 13.5% (0.18)
Apr 2026 13.7% 3.48
Jan 2026 10.2% (6.27)
Oct 2025 16.5% (0.08)
43 more quarters

Against its own ten years

Low 7.77% High 18.8%
Ten-year median 11.1%
Current reading's percentile 65

Operating margin against peers

Company Operating margin
PHM PulteGroup, Inc. compare 14.7%
TOL Toll Brothers Inc. 13.8%
IBP Installed Building Products, Inc. compare 11.8%
DHI D.R. Horton, Inc. compare 10.9%
CVCO Cavco Industries, Inc. compare 9.54%
SKY Champion Homes, Inc. compare 8.27%
LEN.B Lennar Corporation compare 5.63%
LEN Lennar Corporation compare 5.63%
NVR NVR, Inc. compare 0.00%
Residential Construction industry median 7.50%
Consumer Cyclical sector median 3.88%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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