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Toll Brothers TOL Change in Inventories

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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%
CapEx$24.5M+56.9%
Free cash flow$110.0M-68.3%

Valuation

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Market cap$14.55B+34.0%
Enterprise value$13.52B+32.0%
P/E11.3×+3.4×
P/S1.3×+0.3×

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:IncreaseDecreaseInInventories.

The official record: Toll Brothers’s 10-Q, filed May 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Toll Brothers's change in inventories?
Toll Brothers (TOL) reported change in inventories of $175.8M in Q1 2026.
How has Toll Brothers's change in inventories changed year-over-year?
Toll Brothers's change in inventories increased by 157.0% year-over-year, from $68.4M to $175.8M.
What does change in inventories mean?
The cash impact of increasing or decreasing inventory levels.
How do you interpret change in inventories?
A large cash outflow for inventory may signal aggressive growth and land banking, while an inflow may signal inventory liquidation.
How does change in inventories compare across companies?
Highly critical for homebuilders and retail companies to monitor inventory turnover and market demand.