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Toll Brothers TOL Operating Lease ROU 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$14.14B+14.5%
Enterprise value$13.11B+13.5%
P/E11×+2.0×
P/S1.3×+0.1×

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:OperatingLeaseRightOfUseAsset.

The source filing: Toll Brothers’s 10-Q, filed September 1, 2022.

Filed
Sep 1, 2022, 4:05 PM EDT
Fiscal quarter
Q3 FY2022
Calendar quarter
Q3 2022
Accession
0000794170-22-000038
Line itemJuly 31, 2022October 31, 2021
Expected recoveries from insurance carriers and others$14,172$16,773
Improvement cost receivable71,20267,626
Escrow cash held by our wholly owned title company79,21141,429
Properties held for rental apartment and commercial development191,283381,401
Prepaid expenses39,15934,960
Right-of-use asset105,28096,276
Other144,80299,613
$645,109$738,078

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Toll Brothers's operating lease ROU assets?
Toll Brothers (TOL) reported operating lease ROU assets of $105.28M in Q2 2022.
How has Toll Brothers's operating lease ROU assets changed year-over-year?
Toll Brothers's operating lease ROU assets increased by 8.8% year-over-year, from $96.75M to $105.28M.
What does operating lease ROU assets mean?
Right-of-use assets representing the lessee's right to use leased property over the lease term under ASC 842 operating lease classification.

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