# Toll Brothers, Inc.: overview

TOL · NYSE · CIK 794170 · [Industrials](/sectors/industrials.md) · fiscal year ends Oct 31

Pages: [Overview](/companies/tol.md) · [Financials](/companies/tol/financials.md) · [Filings](/companies/tol/filings.md) · [Insiders](/companies/tol/insiders.md)

Latest reported revenue: [$2.66bn](/filings/0000794170-26-000102.md) for Q3 FY2026, three months to 2026-07-31, from the 10-Q filed Aug 28, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax, accession 0000794170-26-000102).

## Last eight quarters

| Line item | Unit | Q4 FY2024 (2024-10-31) | Q1 FY2025 (2025-01-31) | Q2 FY2025 (2025-04-30) | Q3 FY2025 (2025-07-31) | Q4 FY2025 (2025-10-31) | Q1 FY2026 (2026-01-31) | Q2 FY2026 (2026-04-30) | Q3 FY2026 (2026-07-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [3,333 d](/filings/0000794170-25-000112.md) | [1,859](/filings/0000794170-26-000056.md) | [2,739](/filings/0000794170-26-000087.md) | [2,945](/filings/0000794170-26-000102.md) | [3,423 d](/filings/0000794170-25-000112.md) | [2,146](/filings/0000794170-26-000056.md) | [2,531](/filings/0000794170-26-000087.md) | [2,659](/filings/0000794170-26-000102.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [18.3% d](/filings/0000794170-25-000112.md) | [11.8%](/filings/0000794170-26-000056.md) | [16.4%](/filings/0000794170-26-000087.md) | [16.6%](/filings/0000794170-26-000102.md) | [16.5% d](/filings/0000794170-25-000112.md) | [10.2%](/filings/0000794170-26-000056.md) | [13.7%](/filings/0000794170-26-000087.md) | [13.5%](/filings/0000794170-26-000102.md) |
| Net margin | % | [14.3% d](/filings/0000794170-25-000112.md) | [9.6%](/filings/0000794170-26-000056.md) | [12.9%](/filings/0000794170-26-000087.md) | [12.6%](/filings/0000794170-26-000102.md) | [13.0% d](/filings/0000794170-25-000112.md) | [9.8%](/filings/0000794170-26-000056.md) | [10.3%](/filings/0000794170-26-000087.md) | [10.5%](/filings/0000794170-26-000102.md) |
| Diluted EPS | $ per share | [4.63](/filings/0000794170-25-000112.md) | [1.75](/filings/0000794170-26-000056.md) | [3.50](/filings/0000794170-26-000087.md) | [3.73](/filings/0000794170-26-000102.md) | [4.58](/filings/0000794170-25-000112.md) | [2.19](/filings/0000794170-26-000056.md) | [2.72](/filings/0000794170-26-000087.md) | [2.97](/filings/0000794170-26-000102.md) |
| Free cash flow | $m | [664 d](/filings/0000794170-25-000112.md) | [(438)](/filings/0000794170-26-000056.md) | [347 d](/filings/0000794170-26-000087.md) | [345 d](/filings/0000794170-26-000102.md) | [772 d](/filings/0000794170-25-000112.md) | [(11.6)](/filings/0000794170-26-000056.md) | [110 d](/filings/0000794170-26-000087.md) | [220 d](/filings/0000794170-26-000102.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 12-month figure less the 9-month figure; 6-month figure less the 3-month figure; 9-month figure less the 6-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-10-31) | FY2022 (2022-10-31) | FY2023 (2023-10-31) | FY2024 (2024-10-31) | FY2025 (2025-10-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $bn | [8.8](/filings/0000794170-23-000066.md) | [10.3](/filings/0000794170-24-000051.md) | [10.0](/filings/0000794170-25-000112.md) | [10.8](/filings/0000794170-25-000112.md) | [11.0](/filings/0000794170-25-000112.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [11.6%](/filings/0000794170-23-000066.md) | [14.7%](/filings/0000794170-24-000051.md) | [17.3%](/filings/0000794170-25-000112.md) | [18.8%](/filings/0000794170-25-000112.md) | [15.7%](/filings/0000794170-25-000112.md) |
| Net margin | % | [9.5%](/filings/0000794170-23-000066.md) | [12.5%](/filings/0000794170-24-000051.md) | [13.7%](/filings/0000794170-25-000112.md) | [14.5%](/filings/0000794170-25-000112.md) | [12.3%](/filings/0000794170-25-000112.md) |
| Diluted EPS | $ per share | [6.63](/filings/0000794170-23-000066.md) | [10.90](/filings/0000794170-24-000051.md) | [12.36](/filings/0000794170-25-000112.md) | [15.01](/filings/0000794170-25-000112.md) | [13.49](/filings/0000794170-25-000112.md) |
| Free cash flow | $bn | [1.2](/filings/0000794170-23-000066.md) | [0.9](/filings/0000794170-24-000051.md) | [1.2](/filings/0000794170-25-000112.md) | [0.9](/filings/0000794170-25-000112.md) | [1.0](/filings/0000794170-25-000112.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/tol/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $1.61bn | 9,776,609 |  | Reduced −172,479 |
| [GREENHAVEN ASSOCIATES INC](/funds/846222.md) | 2026-06-30 | $927.6m | 5,630,109 |  | Reduced −15,200 |
| [Capital World Investors](/funds/1422849.md) | 2026-06-30 | $865.3m | 5,252,278 |  | Added +44,501 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $707.0m | 4,291,127 |  | Added +38,475 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $687.7m | 4,174,405 |  | Added +4,152 |
| [FMR LLC](/funds/315066.md) | 2026-06-30 | $677.3m | 4,111,225 |  | Added +606,187 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $577.6m | 3,505,828 |  | Added +146,163 |
| [DIMENSIONAL FUND ADVISORS LP](/funds/354204.md) | 2026-06-30 | $511.9m | 3,106,991 |  | Added +116,544 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $410.4m | 2,490,850 |  | Added +111,211 |
| [AQR CAPITAL MANAGEMENT LLC](/funds/1167557.md) | 2026-06-30 | $265.8m | 1,617,618 |  | Reduced −148,869 |

## Recent filings

[All 1,412 filings](/companies/tol/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-08-28 | 16:21 ET | [10-Q](/filings/0000794170-26-000102.md) | Quarterly report, period 2026-07-31 | 0000794170-26-000102 |
| 2026-08-18 | 16:46 ET | [8-K](/filings/0000794170-26-000096.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0000794170-26-000096 |
| 2026-05-29 | 16:10 ET | [10-Q](/filings/0000794170-26-000087.md) | Quarterly report, period 2026-04-30 | 0000794170-26-000087 |
| 2026-05-19 | 16:42 ET | [8-K](/filings/0000794170-26-000083.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0000794170-26-000083 |
| 2026-05-13 | 16:44 ET | [8-K](/filings/0000794170-26-000079.md) | 5.02 Departure or appointment of officers or directors; 8.01 Other events; 9.01 Financial statements and exhibits | 0000794170-26-000079 |
| 2026-03-31 | 16:04 ET | [8-K](/filings/0000794170-26-000066.md) | 5.02 Departure or appointment of officers or directors; 9.01 Financial statements and exhibits | 0000794170-26-000066 |
| 2026-03-11 | 17:26 ET | [8-K](/filings/0000794170-26-000063.md) | 5.07 Shareholder vote results; 9.01 Financial statements and exhibits | 0000794170-26-000063 |
| 2026-02-27 | 16:17 ET | [10-Q](/filings/0000794170-26-000056.md) | Quarterly report, period 2026-01-31 | 0000794170-26-000056 |
| 2026-02-17 | 16:49 ET | [8-K](/filings/0000794170-26-000050.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0000794170-26-000050 |
| 2026-02-05 | 16:37 ET | [8-K](/filings/0000794170-26-000046.md) | 1.01 Entry into a material agreement; 9.01 Financial statements and exhibits | 0000794170-26-000046 |

## Latest annual report

[Form 10-K for the fiscal year ended Oct 31, 2025](/filings/0000794170-25-000112.md), filed Dec 19, 2025.

## Forecast league

Not in this season’s league. [This season’s league](/leagues.md)

## About the filer

- CIK: 794170
- Tickers: TOL
- Exchange: NYSE
- SIC code: 1531 Operative Builders
- State of incorporation: DE
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:24 ET. No prices; not investment advice.