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Other financials

Income statement

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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

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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

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Operating cash flow$134.5M-62.9%
Free cash flow$110.0M-68.3%

Valuation

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Market cap$14.49B+17.2%
Enterprise value$13.45B+16.5%
P/E11.3×+2.3×
P/S1.3×+0.2×

Profitability

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

Returns & leverage

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

Where this comes from

Reported directly by Toll Brothers in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The source filing: Toll Brothers’s 10-Q, filed May 29, 2026.

Filed
May 29, 2026, 4:10 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000794170-26-000087
Line itemSix months ended April 30, 2026Six months ended April 30, 2025
Accounts payable and accrued expenses(195,658)139,101
Net cash provided by (used in) operating activities141,718(57,929)
Cash flow provided by (used in) investing activities:
Purchase of property, construction, and office equipment – net(43,330)(32,916)
Investments in unconsolidated entities(105,574)(179,890)
Return of investments in unconsolidated entities88,35828,179
Proceeds from the sale of ownership interests in unconsolidated entities204,295
Other – net(945)(3,130)

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Toll Brothers's capex?
Toll Brothers (TOL) reported capex of $24.47M in Q1 2026.
How has Toll Brothers's capex changed year-over-year?
Toll Brothers's capex increased by 56.9% year-over-year, from $15.59M to $24.47M.
What is the long-term trend for Toll Brothers's capex?
Over 4 years (2021 to 2025), Toll Brothers's capex has grown at a 6.5% compound annual growth rate (CAGR), from $66.88M to $86.2M.
What does capex mean?
Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

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