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Toll Brothers TOL Mountain — Investment balance at October 31, 2025

Other geography segments

South
$289.94M+72.5%
Pacific
$146.77M+10.4%
North
$14.77M-74.7%
Mid-Atlantic
$14.54M+14.9%

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$4.77M-2.3%
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GBDCFinland — Investments, at fair value
$86.66M+5.6%

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
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:InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures.

The source filing: Toll Brothers’s 10-K, filed December 19, 2025.

Filed
Dec 18, 2025, 7:00 PM EST
Fiscal year
FY2025
Accession
0000794170-25-000112
Line itemInvestments in unconsolidated entities / At October 31, 2025Investments in unconsolidated entities / At October 31, 2024
North$14,769$58,403
Mid-Atlantic14,53512,647
South289,938168,042
Mountain102,14774,909
Pacific146,767132,952
Total home building568,156446,953
Corporate and other457,739560,464
Total consolidated$1,025,895$1,007,417

ITEM 16. FORM 10-K SUMMARY

FAQ

What is Toll Brothers's mountain — investment balance at october 31, 2025?
Toll Brothers (TOL) reported mountain — investment balance at october 31, 2025 of $102.15M in Q3 2025.
How has Toll Brothers's mountain — investment balance at october 31, 2025 changed year-over-year?
Toll Brothers's mountain — investment balance at october 31, 2025 increased by 36.4% year-over-year, from $74.91M to $102.15M.
What does mountain — investment balance at october 31, 2025 mean?
Reflects the carrying value of the company's investments in unconsolidated joint ventures and partnerships within the specific geographic segment at the end of the fiscal year. It represents the capital tied up in shared development projects.

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