Toll Brothers, Inc., a corporation incorporated in Delaware in May 1986, began doing business through predecessor entities in 1967. When this report uses the words “we,” “us,” “our,” and the “Company,” it refers to Toll Brothers, Inc. and its subsidiaries, unless the context otherwise requires. References herein to fiscal year refer to our fiscal years ended or ending October 31. We design, build, market, sell, and arrange financing for an array of luxury residential single-family detached home, attached home, master-planned, and urban low-, mid-, and high-rise communities. In recent years, we have pursued a strategy of broadening our product lines, price points and geographic footprint, as well as increasing the number of quick move-in (or “spec”) homes that we sell relative to our traditional build-to-order homes. We cater to luxury first-time, move-up, empty-nester (move-down), active-adult and second-home buyers in the United States.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 11.3B | 11.0B | 10.8B | 10.0B | 10.3B | 8.8B |
| Net Income | 1.4B | 1.3B | 1.6B | 1.4B | 1.3B | 834M |
| EPS | $13.15 | $13.49 | $15.01 | $12.36 | $10.90 | $6.63 |
| Free Cash Flow | 1.5B | 1.0B | 937M | 1.2B | 915M | 1.2B |
| ROIC | 12.7% | 16.0% | 19.8% | 18.5% | 17.5% | 14.2% |
| Gross Margin | - | 25.1% | 27.9% | 26.4% | 24.2% | 22.1% |
| Debt/Equity | 0.35 | 0.32 | 0.35 | 0.41 | 0.53 | 0.65 |
| Dividends/Share | $0.95 | $0.98 | $0.90 | $0.83 | $0.77 | $0.62 |
| Operating Income | 1.7B | 1.7B | 2.0B | 1.7B | 1.5B | 1.0B |
| Operating Margin | 15.3% | 15.7% | 18.8% | 17.3% | 14.7% | 11.6% |
| ROE | 16.4% | 16.9% | 20.5% | 20.2% | 21.4% | 15.7% |
| Shares Outstanding | 103M | 100M | 105M | 111M | 118M | 126M |
Toll Brothers, Inc. passes 6 of 9 quality checks, suggesting mixed fundamentals.
Toll Brothers, Inc. trades at 10.1x trailing earnings, compared to its 15-year median P/E of 9.6x, suggesting it is currently Fair relative to its historical range. On a free-cash-flow basis, the stock trades at 9.2x vs a median of 7.7x. The company's 5-year average ROIC is 17.2% with a gross margin of 25.1%. Total shareholder yield (dividends + buybacks) is 5.3%. At current prices, the estimated annualized return to fair value is +21.1%.
Toll Brothers, Inc. (TOL) has a current P/E ratio of 10.1, compared to its historical median P/E of 9.6. The stock is currently considered Fair based on its historical valuation range.
Toll Brothers, Inc. (TOL) has a 5-year average return on invested capital (ROIC) of 17.2%. This indicates strong capital allocation and a potential competitive advantage.
Toll Brothers, Inc. (TOL) has a market capitalization of $14.5B. It is classified as a large-cap stock.
Yes, Toll Brothers, Inc. (TOL) pays a dividend with a trailing twelve-month yield of 0.67%. The company also returns capital through share buybacks, with a buyback yield of 4.66%.
Based on historical P/E analysis, Toll Brothers, Inc. (TOL) appears fair. The current P/E of 10.1 is 6% above its historical median of 9.6. The estimated fair value CAGR (P/E method) is 27.2%.
Toll Brothers, Inc. (TOL) operates in the Operative Builders industry, within the Industrials sector.
Toll Brothers, Inc. (TOL) reported annual revenue of $11.0 billion in its most recent fiscal year, based on SEC EDGAR filings.
Toll Brothers, Inc. (TOL) has a net profit margin of 12.3%. This is a healthy margin.
Toll Brothers, Inc. (TOL) generated $1.0 billion in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
Toll Brothers, Inc. (TOL) has a debt-to-equity ratio of 0.32. This indicates a conservatively financed balance sheet.
Toll Brothers, Inc. (TOL) reported earnings per share (EPS) of $13.49 in its most recent fiscal year.
Toll Brothers, Inc. (TOL) has a return on equity (ROE) of 16.9%. This indicates the company generates strong returns for shareholders.
Toll Brothers, Inc. (TOL) has a 5-year average gross margin of 25.1%. This lower margin is typical of capital-intensive or commodity businesses.
The Ledger Terminal provides 15 years of financial data for Toll Brothers, Inc. (TOL), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
Toll Brothers, Inc. (TOL) has a book value per share of $82.86, based on its most recent annual SEC filing.