TOL
$136.61+0.18%
as of close, Oct 2, 2026
☾ AH $136.61 +0.18%
Toll Brothers Inc.Stock · Consumer DiscretionaryRussell 1000 0.02%Russell 3000 0.02%US Stock Market 0.02%
TOL financial statements
The full income statement, balance sheet, and cash-flow statement for Toll Brothers Inc. (TOL), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-07 101.0M2024-10 100.0M2025-01 99.4M2025-04 98.2M2025-07 96.4M2025-10 95.0M2026-01 94.7M2026-04 93.5M2026-07 92.1M-8.7% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofOct 31 ’25 | as ofOct 31 ’24 | as ofOct 31 ’23 | as ofOct 31 ’22 | as ofOct 31 ’21 | |
| Revenue | 11.0B+1.1% | 10.8B+8.5% | 9.99B-2.7% | 10.3B+16.9% | 8.79B+24.2% | |
| Cost of revenue | 8.21B+5.0% | 7.82B+6.3% | 7.36B-5.5% | 7.79B+13.8% | 6.85B+21.0% | |
| Selling, general & administrative | 1.03B+5.2% | 982M+8.0% | 909M-7.0% | 978M+6.0% | 922M+6.3% | |
| Operating income | 1.72B-15.7% | 2.04B+18.3% | 1.72B+14.3% | 1.51B+47.8% | 1.02B+85.5% | |
| Interest expense | — | — | — | 0.00 | 0.00-100.0% | |
| Interest & investment income | — | — | — | — | 4.32M-56.8% | |
| Other non-operating income | 51.7M-25.4% | 69.3M+2.6% | 67.5M-60.6% | 171M+322.0% | 40.6M+13.8% | |
| Equity-method income | 19.1M+179.9% | -23.8M-147.6% | 50.1M+111.2% | 23.7M-68.0% | 74.0M+7709.6% | |
| Income tax | 445M-13.5% | 514M+9.4% | 470M+12.7% | 417M+56.4% | 267M+90.1% | |
| 1.35B-14.3% | 1.57B+14.5% | 1.37B+6.7% | 1.29B+54.3% | 834M+86.7% | ||
| Net income to non-controlling interest | 986K-9.8% | 1.09M+64.1% | 666K+940.6% | 64.0K+100.9% | -6.77M-67600.0% | |
| $13.49-10.1% | $15.01+21.4% | $12.36+13.4% | $10.90+64.4% | $6.63+95.0% | ||
| EPS (basic) | $13.60-10.3% | $15.16+21.6% | $12.47+13.2% | $11.02+64.0% | $6.72+95.9% | |
| Weighted-avg shares (basic) | 99.0M-4.5% | 104M-5.8% | 110M-5.8% | 117M-5.9% | 124M-4.6% | |
| Weighted-avg shares (diluted) | 99.8M-4.7% | 105M-5.7% | 111M-5.9% | 118M-6.2% | 126M-4.1% | |
| Dividends per share | $0.98+8.9% | $0.90+8.4% | $0.83+7.8% | $0.77+24.2% | $0.62+40.9% | |
| Balance Sheet | as ofOct 31 ’25 | as ofOct 31 ’24 | as ofOct 31 ’23 | as ofOct 31 ’22 | as ofOct 31 ’21 | |
| Cash & equivalents | 1.26B-3.4% | 1.30B+0.2% | 1.30B-3.5% | 1.35B-17.8% | 1.64B+19.5% | |
| 14.5B+8.6% | 13.4B+6.7% | 12.5B+1.9% | 12.3B+6.5% | 11.5B+4.3% | ||
| Property, plant & equipment | 273M-39.6% | 453M+39.8% | 324M+12.6% | 288M-7.3% | 310M-1.8% | |
| Operating lease right-of-use | 109M+0.6% | 108M+5.4% | 103M-11.9% | 117M+21.2% | 96.3M-8.3% | |
| 6.23B+9.7% | 5.68B-0.6% | 5.71B-8.8% | 6.27B+1.1% | 6.20B+1.0% | ||
| Long-term debt | 1.74B+9.0% | 1.60B+0.1% | 1.60B-20.0% | 2.00B-17.0% | 2.40B-9.7% | |
| Operating lease liability (total) | 128M-0.2% | 129M+3.8% | 124M-11.3% | 140M+20.1% | 116M-6.8% | |
| 8.27B+7.8% | 7.67B+12.9% | 6.80B+13.2% | 6.01B+13.4% | 5.30B+8.6% | ||
| Preferred stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock | 1.03M-8.9% | 1.13M+0.0% | 1.13M-11.7% | 1.28M+0.0% | 1.28M-16.4% | |
| Additional paid-in capital | 687M-1.1% | 695M-0.5% | 699M-2.5% | 717M+0.3% | 714M-0.4% | |
| Retained earnings | 8.57B+5.2% | 8.15B+22.1% | 6.68B+8.3% | 6.17B+24.1% | 4.97B-3.8% | |
| Treasury stock | 1.01B-16.1% | 1.21B+95.4% | 619M-32.4% | 916M+134.0% | 392M-60.9% | |
| Accumulated other comprehensive income | 22.3M-28.8% | 31.3M-23.5% | 40.9M+8.8% | 37.6M+3292.1% | 1.11M+115.4% | |
| Non-controlling interest | 15.4M-2.4% | 15.8M-1.6% | 16.0M+1.9% | 15.8M-65.3% | 45.4M-13.0% | |
| Total equity incl. non-controlling | 8.29B+7.8% | 7.69B+12.8% | 6.81B+13.1% | 6.02B+12.8% | 5.34B+8.4% | |
| Total liabilities & equity | 14.5B+8.6% | 13.4B+6.7% | 12.5B+1.9% | 12.3B+6.5% | 11.5B+4.3% | |
| Common shares issued | 103M-8.9% | 113M+0.0% | 113M-11.7% | 128M+0.0% | 128M-16.3% | |
| Common shares outstanding | 94.8M-5.0% | 99.8M-3.9% | 104M-5.3% | 110M-8.7% | 120M-5.1% | |
| Shares outstanding (cover) | 95.0M-5.0% | 100M-3.9% | 104M-6.0% | 111M-8.0% | 120M-3.6% | |
| Cash Flow | as ofOct 31 ’25 | as ofOct 31 ’24 | as ofOct 31 ’23 | as ofOct 31 ’22 | as ofOct 31 ’21 | |
| 1.11B+10.1% | 1.01B-20.2% | 1.27B+28.3% | 987M-24.3% | 1.30B+29.3% | ||
| Depreciation & amortization | 82.1M+1.1% | 81.2M+6.2% | 76.5M-0.4% | 76.8M+0.7% | 76.3M+10.7% | |
| Share-based compensation | 30.8M+4.3% | 29.6M+19.2% | 24.8M+17.6% | 21.1M-9.0% | 23.2M-4.7% | |
| Deferred income taxes | 86.7M+208.0% | -80.3M-320.3% | 36.5M+138.0% | -95.8M-911.2% | 11.8M-87.9% | |
| Change in inventory | 521M-9.5% | 576M+2492.0% | 22.2M-96.4% | 619M+215.4% | 196M+155.6% | |
| -310M-85.0% | -168M-11.3% | -151M+1.7% | -153M-3516.1% | -4.24M+97.6% | ||
| Capital expenditure | 86.2M+17.0% | 73.6M+0.9% | 73.0M+1.7% | 71.7M+7.2% | 66.9M-39.0% | |
| Free cash flow | 1.03B+9.6% | 937M-21.5% | 1.19B+30.4% | 915M-26.0% | 1.24B+37.6% | |
| Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00-100.0% | |
| Other investing activities | 1.68M-48.2% | 3.24M | 0.00-100.0% | 196K-69.9% | 652K-6.6% | |
| -834M-2.1% | -816M+30.2% | -1.17B-4.5% | -1.12B-10.7% | -1.01B-34.2% | ||
| Long-term debt issued | 498M | 0.00 | 0.00 | 0.00 | 0.00 | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 651M+3.8% | 627M+11.7% | 562M+3.5% | 543M+43.5% | 378M-40.3% | |
| Dividends paid | 97.1M+3.9% | 93.4M+2.5% | 91.1M+2.5% | 88.9M+16.0% | 76.6M+35.4% | |
| Net change in cash | -31.5M-220.7% | 26.1M+148.1% | -54.2M+81.0% | -286M-199.3% | 288M+274.0% | |
| Income taxes paid | 372M-32.3% | 550M-5.9% | 585M+66.7% | 351M+52.6% | 230M+392.1% | |
| Valuation Ratios | as ofOct 31 ’25 | as ofOct 31 ’24 | as ofOct 31 ’23 | as ofOct 31 ’22 | as ofOct 31 ’21 | |
| Market cap | 12.8B-12.5% | 14.6B+99.0% | 7.36B+54.3% | 4.77B-34.9% | 7.32B+37.3% | |
| P/E | 9.5×+2.1% | 9.3×+73.8% | 5.4×+44.7% | 3.7×-77.4% | 16.4×+38.2% | |
| P/S | 1.2×-13.4% | 1.4×+83.4% | 0.7×+58.7% | 0.5×-55.1% | 1.0×+34.0% | |
| P/B | 1.6×-18.8% | 1.9×+76.3% | 1.1×+36.4% | 0.8×-45.4% | 1.5×+27.5% | |
| P/FCF | 12.5×-20.1% | 15.6×+153.6% | 6.2×+18.3% | 5.2×-36.0% | 8.2×-30.3% | |
| Earnings yield | 10.5%-2.1% | 10.7%-42.5% | 18.6%-30.9% | 27.0%+342.3% | 6.1%-27.6% | |
| FCF yield | 8.0%+25.2% | 6.4%-60.6% | 16.2%-15.5% | 19.2%+56.4% | 12.3%+43.5% | |
| Dividend yield | 0.73%+18.2% | 0.61%-47.6% | 1.2%-34.3% | 1.8%+73.5% | 1.0%-1.0% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: TOL’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all TOL filings on SEC EDGAR → Not investment advice.