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Toll Brothers TOL Operating margin

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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$14.49B+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
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 trailing twelve months.

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

Filed
May 29, 2026, 4:10 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000794170-26-000087

FAQ

What is Toll Brothers's operating margin?
Toll Brothers (TOL) reported operating margin of 14.6% in Q1 2026.
How has Toll Brothers's operating margin changed year-over-year?
Toll Brothers's operating margin decreased by 12.2% year-over-year, from 16.7% to 14.6%.
What is the long-term trend for Toll Brothers's operating margin?
Over 5 years (2020 to 2025), Toll Brothers's operating margin has grown at a 15.1% compound annual growth rate (CAGR), from 7.8% to 15.7%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.

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