profit from every $100 of sales.

Toll Brothers
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2020 to 2025.
You pay $10.12 for every $1 of profit it makes in a year.
of earnings would pay off all its debt.
Money in, money out
What Toll Brothers sold, what it kept, and what it did with the cash.
Sales went from $10.3 billion in 2022 to $11.0 billion in 2025, with $1.35 billion of profit last year.
Toll Brothers handed back 73% of the cash it generated last year.
Toll Brothers vs. similar companies
Toll Brothers grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
Toll Brothers | 10.1× · Cheap | ||
D.R. Horton | 11.0× · Cheap | ||
PulteGroup | 10.5× · Cheap | ||
Lennar | 9.6× · Cheap | ||
NVR | 11.6× · Cheap |
AI analysis
An AI analyst reads Toll Brothers's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 7,078 | 8,790 | 10,276 | 9,995 | 10,847 | 10,967 | |
| 1,418 | 1,943 | 2,486 | 2,634 | 3,022 | 2,754 | |
| 550 | 1,021 | 1,509 | 1,725 | 2,040 | 1,721 | |
| 619 | 1,097 | 1,585 | 1,801 | 2,121 | 1,803 | |
| 447 | 834 | 1,287 | 1,372 | 1,571 | 1,346 | |
| 3.40 | 6.63 | 10.90 | 12.36 | 15.01 | 13.49 | |
| 20.0% | 22.1% | 24.2% | 26.4% | 27.9% | 25.1% | |
| 7.8% | 11.6% | 14.7% | 17.3% | 18.8% | 15.7% | |
| 6.3% | 9.5% | 12.5% | 13.7% | 14.5% | 12.3% |
Balance sheet
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Total assets | 11,066 | 11,538 | 12,289 | 12,527 | 13,368 | 14,520 |
| Cash | 1,371 | 1,638 | 1,347 | 1,300 | 1,303 | 1,259 |
| Total debt | – | – | 3,469 | 2,984 | 2,962 | 2,916 |
| Total liabilities | 6,138 | 6,197 | 6,267 | 5,714 | 5,681 | 6,234 |
| 4,875 | 5,295 | 6,006 | 6,797 | 7,671 | 8,271 | |
| 131 | 126 | 118 | 111 | 105 | 100 | |
| 8.9% | 15.2% | 12.6% | 13.9% | 15.2% | 12.2% | |
| 9.2% | 15.7% | 21.4% | 20.2% | 20.5% | 16.3% |
Cash flow
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 1,008 | 1,303 | 987 | 1,266 | 1,010 | 1,112 | |
| 110 | 67 | 72 | 73 | 74 | 86 | |
| 899 | 1,236 | 915 | 1,193 | 937 | 1,026 | |
| Dividends paid | 57 | 77 | 89 | 91 | 93 | 97 |
| 634 | 378 | 543 | 562 | 627 | 651 | |
| 24 | 23 | 21 | 25 | 30 | 31 |
Valuation
- 10.1×
- 11.6×
- 0.32
- 1.5×
- 1.2×
- 13.3×
- 8.5×
- 7.5%
- 9.9%
- 0.7%
Profitability
- 25.1%
- 15.7%
- 12.3%
- 16.1%
- 10.3%
- 12.7%
- 15.5%
- 8.9%
- 13.8%
- –
Growth
- +9.2%
- +31.7%
- +9.6%
- +17.4%
- −5.5%
Financial health
- 0.9×
- 0.31
- 18.2%
- –
- 4.66
- 0.59
- 0.76
How it ranks in Consumer Discretionary
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
What analysts expect
- Average price target
- $166.75
- Range
- $110.00 – $198.00
- 8 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 19, 2026 | 2.72 | 2.58 | +5.4% |
| Feb 17, 2026 | 2.19 | 2.05 | +6.8% |
| Dec 8, 2025 | 4.58 | 4.88 | −6.1% |
| Aug 19, 2025 | 3.73 | 3.60 | +3.6% |
| May 20, 2025 | 3.50 | 2.81 | +24.6% |
| Feb 18, 2025 | 1.75 | 1.99 | −12.1% |
| Dec 9, 2024 | 4.63 | 4.34 | +6.7% |
| Aug 20, 2024 | 3.60 | 3.31 | +8.8% |
Paid per share, each year
$0.24 in 2017 → $0.98 in 2025
How safe it looks
7.2% of its profit
Room to growStretchedMore than it earns: 9.5%
News
3 Reasons to Avoid TOL and 1 Stock to Buy InsteadYahoo Finance · Oct 21, 2026Higher yields are taking their toll on all areas of the stock market, except the one that mattersMarketWatch · Oct 7, 2026Dan Ives Calls Meta Muse A ‘Game Changer,’ Sees Apple As AI ‘Toll Collector’ In AI Arms RaceYahoo Finance · Sep 22, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
4/7Passes 4 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about Toll Brothers
Is Toll Brothers a good stock to buy?
A solid business, and the price looks low. 4 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Toll Brothers AI analysis
What does Toll Brothers do?
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 is in Residential Construction, based in Fort Washington, PA, United States, with 4,900 employees.
Does Toll Brothers pay a dividend?
Yes. At today's price the dividend is 0.7% a year, about 7% of its yearly profit. In 2025 it paid out $97.1 million in dividends.
Is Toll Brothers stock halal?
Yes. Toll Brothers passes our halal screen: its business is permitted and its debt is 21% of its market value, under the 30% limit. How we check
How has Toll Brothers stock done over the past year?
Up 12.1% over the past twelve months, to $147.85. It traded between $124.14 and $166.12 and is 11.0% below its high.
Who are Toll Brothers's competitors?
The largest listed companies in the same industry are D.R. Horton, PulteGroup, Lennar and NVR. The peers table on this page compares their profit, growth and price with Toll Brothers's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.



