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Toll Brothers TOL Price / earnings

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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/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 price / earnings?
Toll Brothers (TOL) reported price / earnings of 10.5× in Q1 2026.
How has Toll Brothers's price / earnings changed year-over-year?
Toll Brothers's price / earnings increased by 43.6% year-over-year, from 7.3× to 10.5×.
What is the long-term trend for Toll Brothers's price / earnings?
Over 5 years (2020 to 2025), Toll Brothers's price / earnings has grown at a -3.2% compound annual growth rate (CAGR), from 11.4× to 9.7×.
What does price / earnings mean?
How many dollars investors pay for each dollar of the company's annual profit.
How do you interpret price / earnings?
Lower can mean cheaper — or that the market expects earnings to fall. High multiples embed growth expectations. Meaningless when earnings are negative, so it is suppressed there.
How does price / earnings compare across companies?
Compare against the company's own history and sector peers, not across sectors with different growth and risk profiles.