
Toll Brothers, Inc.
NYSE•TOL
CEO: Mr. Douglas C. Yearley Jr.
Sector: Consumer Cyclical
Industry: Residential Construction
Listing Date: 1986-07-08
Toll Brothers, Inc., together with its subsidiaries, designs, builds, markets, sells, and arranges finance for a range of detached and attached homes in luxury residential communities in the United States. It designs, builds, markets, and sells condominiums through Toll Brothers City Living. The company also develops a range of single-story living and first-floor primary bedroom suite home designs, as well as communities with recreational amenities, such as golf courses, marinas, pool complexes, country clubs, and fitness and recreation centers; and develops, operates, and rents apartments. In addition, it provides various interior fit-out options, such as flooring, wall tile, plumbing, cabinets, fixtures, appliances, lighting, and home-automation and security technologies. Further, the company owns and operates architectural, engineering, mortgage, title, land development, insurance, smart home technology, landscaping, lumber distribution, house component assembly, and component manufacturing operations. It serves luxury first-time, move-up, empty-nester, active-adult, and second-home buyers. Toll Brothers, Inc. was founded in 1967 and is headquartered in Fort Washington, Pennsylvania.
Contact Information
Market Cap
$13.97B
P/E (TTM)
10.4
13.9
Dividend Yield
0.7%
52W High
$151.10
52W Low
$86.67
52W Range
Rank26Top 13.0%
5.5
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 5.5 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025
Financial Dashboard
Q4 2025 Data
Revenue
$3.42B+2.70%
4-Quarter Trend
EPS
$4.62-1.07%
4-Quarter Trend
FCF
$772.20M+16.24%
4-Quarter Trend
2025 Annual Earnings Highlights
Key Highlights
Home Sales Revenue Rises Home sales revenue reached $10.84B, marking a 3% increase, driven by 4% higher unit deliveries in fiscal 2025.
Unit Deliveries Increase Total unit deliveries grew 4% to 11,292 homes in fiscal 2025, reflecting better backlog conversion rates across regions.
Strong Operating Cash Flow Cash provided by operating activities totaled $1.11B, improving from $1.01B in the prior year, supporting liquidity needs.
Spec Home Strategy Execution Spec homes comprised 54% of fiscal 2025 deliveries, supporting competitive positioning against existing homes available in the market.
Risk Factors
Net Income Declines Sharply Net income decreased 14% to $1.35B in fiscal 2025, impacted by lower operating income and increased cost of revenues.
Margin Pressure Evident Home sales cost of revenues rose to 74.4% of revenue, driven by increased incentives due to soft market conditions.
Backlog Value Shrinks Backlog value ended FY2025 at $5.49B, a 15% decrease year-over-year, signaling lower future revenue visibility.
Contract Value Softness Net contract value fell 2% to $9.85B, attributed to ongoing affordability pressures impacting consumer confidence and demand.
Outlook
Exiting Multifamily Business Announced intent to exit multifamily development, completing a significant portion of the sale to Kennedy Wilson in December 2025.
Spec/Build-to-Order Balance Will continue monitoring local market factors to adjust spec home starts relative to the traditional build-to-order strategy.
Future Land Acquisition Long-term growth depends on securing land at reasonable prices and obtaining necessary governmental approvals for development.
Peer Comparison
Revenue (TTM)
$144.56B
MGA$41.79B
PAG$30.68B
Gross Margin (Latest Quarter)
DECK56.2%
WYNN41.2%
DPZ40.1%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| HMC | $39.54B | 10.4 | 5.3% | 0.0% |
| BALL | $15.37B | 22.9 | 12.4% | 40.3% |
| MGA | $15.00B | 14.6 | 8.5% | 22.7% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
22.6%
Strong Growth
4Q Net Income CAGR
36.0%
Profitability Improved
Cash Flow Stability
75%
Volatile Cash Flow
Research & Insights
Next earnings:Feb 16, 2026
EPS:-
|Revenue:-
Reports
All Years
Form 10-K - FY 2025
Period End: Oct 31, 2025|Filed: Dec 19, 2025|Revenue: $10.97B+1.1%|EPS: $13.60-10.3%MeetForm 10-Q - Q3 2025
Period End: Jul 31, 2025|Filed: Aug 28, 2025|Revenue: $2.95B+8.0%|EPS: $3.76+3.3%BeatForm 10-Q - Q2 2025
Period End: Apr 30, 2025|Filed: May 29, 2025|Revenue: $2.74B-3.5%|EPS: $3.53-23.3%BeatForm 10-Q - Q1 2025
Period End: Jan 31, 2025|Filed: Feb 28, 2025|Revenue: $1.86B-4.6%|EPS: $1.76-22.8%MissForm 10-K - FY 2024
Period End: Oct 31, 2024|Filed: Dec 20, 2024|Revenue: $10.85B+8.5%|EPS: $15.16+21.6%BeatForm 10-Q - Q3 2024
Period End: Jul 31, 2024|Filed: Sep 4, 2024|Revenue: $2.73B+1.5%|EPS: $3.64-3.4%BeatForm 10-Q - Q2 2024
Period End: Apr 30, 2024|Filed: May 31, 2024|Revenue: $2.84B+13.2%|EPS: $4.60+59.7%BeatForm 10-Q - Q1 2024
Period End: Jan 31, 2024|Filed: Mar 1, 2024|Revenue: $1.95B+9.4%|EPS: $2.28+32.6%Beat