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Toll Brothers TOL Debt-to-assets

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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

Calculated from Toll Brothers’s reported figures.

Based on the most recent quarter.

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 debt-to-assets?
Toll Brothers (TOL) reported debt-to-assets of 0× in Q1 2026.
How has Toll Brothers's debt-to-assets changed year-over-year?
Toll Brothers's debt-to-assets increased by 5.5% year-over-year, from 0× to 0×.
What is the long-term trend for Toll Brothers's debt-to-assets?
Over 5 years (2020 to 2025), Toll Brothers's debt-to-assets has grown at a -4.9% compound annual growth rate (CAGR), from 0× to 0×.
What does debt-to-assets mean?
What fraction of everything the company owns is funded by debt.
How do you interpret debt-to-assets?
A lower ratio indicates a more conservatively financed balance sheet. Rising debt-to-assets over time signals increasing financial risk.
How does debt-to-assets compare across companies?
Comparable within an industry; bounded between 0 and 1 for most non-financials, which makes cross-company reads cleaner than debt-to-equity.