15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $11.0B | $1.3B | 25.1% | 15.7% | $1.0B | — | $1.3B |
| 2024 | $10.8B | $1.6B | 27.9% | 18.8% | $937M | — | $1.3B |
| 2023 | $10.0B | $1.4B | 26.4% | 17.3% | $1.2B | — | $1.3B |
| 2022 | $10.3B | $1.3B | 24.2% | 14.7% | $915M | — | $1.3B |
| 2021 | $8.8B | $834M | 22.1% | 11.6% | $1.2B | — | $1.6B |
| 2020 | $7.1B | $447M | 20.0% | 7.8% | $899M | — | $1.4B |
| 2019 | $7.2B | $590M | 21.6% | 9.4% | $351M | — | $1.3B |
| 2018 | $7.1B | $748M | 22.5% | 11.0% | — | — | $1.2B |
| 2017 | $5.8B | $535M | 21.5% | 11.1% | — | — | $713M |
| 2016 | — | $382M | — | — | — | — | $634M |
| 2015 | — | $363M | — | — | — | — | $919M |
| 2014 | — | $340M | — | — | — | — | $586M |
| 2013 | — | $171M | — | — | -$596M | — | $773M |
| 2012 | — | $487M | — | — | -$183M | — | $773M |
| 2011 | — | $40M | — | — | $43M | — | $906M |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Apr '26 | $2.5B | $261M | 23.9% | 13.7% | $110M | — | $1.1B |
| Jan '26 | $2.1B | $211M | 22.2% | 10.2% | -$12M | — | $1.2B |
| Oct '25 | $3.4B | $447M | 24.8% | 16.5% | $772M | — | $1.3B |
| Jul '25 | $2.9B | $370M | 25.2% | 16.6% | $345M | — | $852M |
| Apr '25 | $2.7B | $352M | 25.8% | 16.4% | $347M | — | $686M |
| Jan '25 | $1.9B | $178M | 24.7% | 11.8% | -$438M | — | $575M |
| Oct '24 | $3.3B | $475M | 26.4% | 18.3% | $664M | — | $1.3B |
| Jul '24 | $2.7B | $375M | 27.2% | 18.2% | $150M | — | $893M |
| Apr '24 | $2.8B | $482M | 30.4% | 22.0% | $443M | — | $1.0B |
| Jan '24 | $1.9B | $240M | 27.6% | 15.8% | -$321M | — | $755M |
| Oct '23 | $3.0B | $446M | 26.5% | 18.5% | $573M | — | $1.3B |
| Jul '23 | $2.7B | $415M | 27.7% | 19.2% | $515M | — | $1.0B |
| Apr '23 | $2.5B | $320M | 26.1% | 17.0% | $484M | — | $762M |
| Jan '23 | $1.8B | $192M | 24.5% | 12.7% | -$378M | — | $792M |
| Oct '22 | $3.7B | $641M | 26.0% | 18.6% | $1.2B | — | $1.3B |
| Jul '22 | $2.5B | $273M | 23.8% | 14.5% | -$59M | — | $316M |
| Apr '22 | $2.3B | $221M | 23.1% | 12.4% | $55M | — | $535M |
| Jan '22 | $1.8B | $152M | 22.4% | 9.8% | -$299M | — | $671M |
| Oct '21 | $3.0B | $374M | 23.0% | 14.5% | $834M | — | $1.6B |
| Jul '21 | $2.3B | $235M | 22.6% | 12.3% | $405M | — | $946M |
How the market has priced TOL against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, Toll Brothers, Inc.'s revenue has grown 9.2% per year, and net income grown 24.7% per year. These are computed facts, not advice.
As of FY2025, Toll Brothers, Inc. reported — of total debt against $1.3B of cash.
In FY2025, gross margin was 25.1%, operating margin 15.7%, and net margin 12.3%.
As of Jun '26, Toll Brothers, Inc. traded at a price-to-earnings ratio of about 11.3× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.