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Toll Brothers TOL Ratios & Valuation

TTM Q2 '26TTM Q1 '26TTM Q4 '25TTM Q3 '25TTM Q2 '25
Profitability
Gross margin24.2%-2.0pp24.6%-2.7pp25.1%-2.8pp25.6%-2.3pp26.2%-1.9pp
Operating margin14.6%-2.0pp15.3%-2.8pp15.7%-3.1pp16.3%-2.6pp16.7%-2.4pp
Net margin11.7%-1.3pp12.3%-1.8pp12.3%-2.2pp12.6%-2.0pp12.9%-2.1pp
EBITDA margin15.3%-2.1pp16%-2.9pp16.4%-3.1pp17%-2.6pp17.5%-2.4pp
Free cash flow margin11%+4.2pp12.9%+5.3pp9.4%+0.7pp8.4%+0.4pp6.8%-4.7pp
Returns
Return on equity15.7%-2.4pp17%-3.3pp16.9%-4.8pp17.7%-4.1pp18.1%-4.9pp
Return on assets9%-1.1pp9.8%-1.7pp9.7%-2.5pp9.9%-2.1pp10.1%-2.5pp
Return on invested capital21.9%-4.1pp23.7%-5.0pp25.5%-8.5pp25.5%-6.7pp26%-7.1pp
Efficiency
Asset turnover0.8×0.0×0.8×0.0×0.8×-0.1×0.8×0.0×0.8×-0.1×
Leverage
Debt-to-equity0.0×0.0×0.0×0.0×0.0×
Debt-to-assets0.0×0.0×0.0×0.0×0.0×
Net debt / EBITDA-0.6×-0.3×-0.6×-0.4×-0.7×-0.1×-0.4×0.0×-0.3×+0.1×
Per Share
Book value per share$88.51+12.0%$87.14+13.8%$84.80+13.5%$81.63+14.5%$79.03+14.4%
Valuation
Market capitalization$13.46B+34.0%$13.69B-3.2%$13.01B-13.7%$11.62B-22.3%$10.05B-19.7%
Enterprise value$12.43B+32.0%$12.55B-7.9%$11.8B-14.8%$10.81B-23.4%$9.42B-18.5%
Price / earnings10.5×+3.2×9.9×+0.5×9.7×+0.1×8.5×-1.3×7.3×-0.6×
Price / sales1.2×+0.3×1.2×-0.1×1.2×-0.2×1.1×-0.4×0.9×-0.3×
Price / book1.6×+0.3×1.6×-0.2×1.6×-0.4×1.4×-0.6×1.3×-0.4×
EV / EBITDA7.3×+2.3×+0.3×6.5×0.0×5.8×-1.0×5.1×-0.5×
EV / sales1.1×+0.2×1.1×-0.2×1.1×-0.2×-0.3×0.9×-0.2×
Free cash flow yield9%+1.8pp10.6%+4.8pp7.9%+1.7pp7.9%+2.3pp7.2%-2.5pp
Earnings yield9.6%-4.2pp10.1%-0.6pp10.4%-0.1pp11.8%+1.5pp13.7%+1.1pp
Dividend yield0.7%-0.2pp0.7%0.0pp0.7%+0.1pp0.8%+0.2pp0.9%+0.2pp

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Questions, answered.

What are Toll Brothers's profit margins?
Toll Brothers (TOL) runs a 24.2% gross margin and a 14.6% operating margin, with a 11.7% net margin.
Where do Toll Brothers's ratios come from?
Every ratio is computed from Toll Brothers's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.