Toll Brothers, Inc. (TOL) stock
TOLNYSEOperative BuildersFiscal year ends October 31
Financials through Q3 FY2026, quarter ended Jul 31, 2026Last filing: 10-Q on Aug 28, 2026Score 16/3016% above fair value
$147.85−0.14 (-0.09%)
Close on Nov 13, 2026Market cap $13.62BP/E 11.9Yield 0.66%
Toll Brothers operating margin
Operating margin is operating income as a percentage of revenue.
Toll Brothers's operating margin for the twelve months ending Jul 31, 2026 was 13.8%. For fiscal 2025 it was 15.7%, against 18.8% the year before. The highest annual figure on record is 18.8% in fiscal 2024.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Oct 31, 2025 | 15.7% | −3.1 |
| FY2024 | Oct 31, 2024 | 18.8% | +1.6 |
| FY2023 | Oct 31, 2023 | 17.3% | +2.6 |
| FY2022 | Oct 31, 2022 | 14.7% | +3.1 |
| FY2021 | Oct 31, 2021 | 11.6% | +3.8 |
| FY2020 | Oct 31, 2020 | 7.8% | −1.6 |
| FY2019 | Oct 31, 2019 | 9.4% | −1.6 |
| FY2018 | Oct 31, 2018 | 11.0% | −0.1 |
| FY2017 | Oct 31, 2017 | 11.1% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
Periods
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026CQ2 2026 | Jul 31, 2026 | 13.5% | −3.1 |
| Q2 FY2026CQ1 2026 | Apr 30, 2026 | 13.7% | −2.7 |
| Q1 FY2026CQ4 2025 | Jan 31, 2026 | 10.2% | −1.6 |
| Q4 FY2025CQ3 2025 | Oct 31, 2025 | 16.5% | −1.9 |
| Q3 FY2025CQ2 2025 | Jul 31, 2025 | 16.6% | −1.7 |
| Q2 FY2025CQ1 2025 | Apr 30, 2025 | 16.4% | −5.6 |
| Q1 FY2025CQ4 2024 | Jan 31, 2025 | 11.8% | −4.0 |
| Q4 FY2024CQ3 2024 | Oct 31, 2024 | 18.3% | −0.2 |
| Q3 FY2024CQ2 2024 | Jul 31, 2024 | 18.2% | −0.9 |
| Q2 FY2024CQ1 2024 | Apr 30, 2024 | 22.0% | +5.0 |
| Q1 FY2024CQ4 2023 | Jan 31, 2024 | 15.8% | +3.2 |
| Q4 FY2023CQ3 2023 | Oct 31, 2023 | 18.5% | −0.1 |
| Q3 FY2023CQ2 2023 | Jul 31, 2023 | 19.2% | +4.7 |
| Q2 FY2023CQ1 2023 | Apr 30, 2023 | 17.0% | +4.6 |
| Q1 FY2023CQ4 2022 | Jan 31, 2023 | 12.7% | +2.9 |
| Q4 FY2022CQ3 2022 | Oct 31, 2022 | 18.6% | +4.1 |
| Q3 FY2022CQ2 2022 | Jul 31, 2022 | 14.5% | +2.2 |
| Q2 FY2022CQ1 2022 | Apr 30, 2022 | 12.4% | +2.8 |
| Q1 FY2022CQ4 2021 | Jan 31, 2022 | 9.8% | +2.2 |
| Q4 FY2021CQ3 2021 | Oct 31, 2021 | 14.5% | +4.3 |
| Q3 FY2021CQ2 2021 | Jul 31, 2021 | 12.3% | +3.2 |
| Q2 FY2021CQ1 2021 | Apr 30, 2021 | 9.6% | +3.6 |
| Q1 FY2021CQ4 2020 | Jan 31, 2021 | 7.6% | +4.1 |
| Q4 FY2020CQ3 2020 | Oct 31, 2020 | 10.2% | +0.8 |
| Q3 FY2020CQ2 2020 | Jul 31, 2020 | 9.1% | −0.6 |
| Q2 FY2020CQ1 2020 | Apr 30, 2020 | 6.0% | −3.4 |
| Q1 FY2020CQ4 2019 | Jan 31, 2020 | 3.6% | −5.6 |
| Q4 FY2019CQ3 2019 | Oct 31, 2019 | 9.5% | −4.3 |
| Q3 FY2019CQ2 2019 | Jul 31, 2019 | 9.7% | −2.3 |
| Q2 FY2019CQ1 2019 | Apr 30, 2019 | 9.4% | +0.9 |
| Q1 FY2019CQ4 2018 | Jan 31, 2019 | 9.1% | +2.0 |
| Q4 FY2018CQ3 2018 | Oct 31, 2018 | 13.8% | – |
| Q3 FY2018CQ2 2018 | Jul 31, 2018 | 12.0% | – |
| Q2 FY2018CQ1 2018 | Apr 30, 2018 | 8.4% | – |
| Q1 FY2018CQ4 2017 | Jan 31, 2018 | 7.1% | – |
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