Skip to content
Toll Brothers logo

Toll Brothers

TOL

Toll Brothers is a leading designer, builder, and marketer of luxury residential communities across the United States.

Market cap
$13.86B+15.1%
Revenue$11.0B+3.6%
Net income$1.3B-6.7%
Free cash flow$1.2B+68.0%
EPS (diluted)$13.22-1.9%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 18, 2026 (in a month)
Revenue estimate$2.6B
EPS estimate$2.90

Financials

Q2 2026

Income statement

See full
Revenue$2.5B-7.6%
Gross profit$604.9M-14.3%
Operating income$346.6M-22.9%
Net income$260.6M-26.1%
EPS (diluted)$2.72-22.3%

Balance sheet

See full
Cash & equivalents$1.2B+53.9%
Total debt$139.8M+8.1%
Total equity$8.5B+6.6%
Total assets$14.5B+2.4%

Cash flow

See full
Operating cash flow$134.5M-62.9%
CapEx$24.5M+56.9%
Free cash flow$110.0M-68.3%

Valuation & ratios

Valuation

See full
Market cap$13.86B+15.1%
Enterprise value$12.83B+18.9%
P/E10.8×+2.5×
P/S1.3×+0.2×

Profitability

See full
Gross margin24.2%-2.0pp
Operating margin14.6%-2.0pp
Net margin11.7%-1.3pp
FCF margin11%+4.2pp

Returns & leverage

See full
Return on equity15.7%-2.4pp
Debt / equity0.0×

Segments

By segment

See full
South$666.3M
Mountain$568.7M
Pacific$484.9M
Mid-Atlantic$413.6M
North$398.6M

By product

See full
Home sales$2.5B-7.2%
Land sales and other$18.8M-42.5%

Competitors

Profile

Toll Brothers is a leading designer, builder, and marketer of luxury residential communities across the United States. The company specializes in high-end single-family detached and attached homes, master-planned communities, and urban high-rise condominiums. Its core value proposition centers on delivering premium, customizable homes to affluent buyers through a vertically integrated model that includes architectural, engineering, and financial services.

Competitive position

A dominant player in the luxury homebuilding niche with a significant land bank and a reputation for high-quality architectural design and customization.

GeographiesUnited States
Customer segmentsAffluent individuals, Luxury consumers, Retirees
Business modelDirect-to-consumer manufacturing, Vertical integration, Joint venture development
SuppliersLand owners, Lumber and raw material suppliers, Construction subcontractors, Municipalities for zoning and permits
CustomersIndividual home buyers, Real estate investors, Institutional real estate buyers
Listed1986
Employees4.8K
CEOKarl K. Mistry
FilingsSEC EDGAR

Questions, answered.

What is Toll Brothers's market cap?
Toll Brothers (TOL) has a market capitalization of $13.9B and trades on NYSE.
What is Toll Brothers's revenue and profitability?
Toll Brothers generated $11.0B in trailing twelve-month revenue with net income of $1.3B, representing a net margin of 11.7%. Gross margin stands at 24.2%, with free cash flow of $1.2B. These figures are based on the Q2 2026 filing.
Who are Toll Brothers's competitors?
Toll Brothers's key competitors include Lennar Corporation, KB Home, PulteGroup, and others. These companies compete in similar markets and product categories.
Who does Toll Brothers partner with?
Toll Brothers's notable partners include Kennedy Wilson.
What subsidiaries does Toll Brothers have?
Toll Brothers's subsidiaries include Toll Brothers Mortgage Company, Toll Brothers City Living, Toll Brothers Apartment Living.
Where is Toll Brothers headquartered?
Toll Brothers is headquartered in United States of America and employs approximately 4,800 people. It has been publicly traded since 1986.