What is Toll Brothers's mountain — SG&A?

Toll Brothers (TOL) reported mountain — SG&A of $39.61M in Q1 2026.

How has Toll Brothers's mountain — SG&A changed year-over-year?

Toll Brothers's mountain — SG&A decreased by 16.5% year-over-year, from $47.46M to $39.61M.

What does mountain — SG&A mean?

Captures the operating expenses allocated to the Mountain segment, including sales commissions, marketing, regional management salaries, and administrative overhead. It reflects the cost of supporting the regional sales and operational infrastructure.

Toll Brothers (TOL) Mountain — SG&A

Screener

Other segment segments

South

$59.78M+1.7%

Pacific

$31.67M-0.5%

Mid-Atlantic

$28.42M+7.2%

North

$25.78M+11.5%

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KLXERocky Mountains — SG&A

$1.9M0.0%

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LENEast — SG&A

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LENHomebuilding — SG&A

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LENOther — SG&A

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LENWest — SG&A

$191.17M-5.5%

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow$134.5M-62.9%

CapEx$24.5M+56.9%

Free cash flow$110.0M-68.3%

Valuation

See full

Market cap$14.49B+17.2%

Enterprise value$13.45B+16.5%

P/E11.3×+2.3×

P/S1.3×+0.2×

Profitability

See full

Gross margin24.2%-2.0pp

Operating margin14.6%-2.0pp

Net margin11.7%-1.3pp

FCF margin11%+4.2pp

Returns & leverage

See full

Return on equity15.7%-2.4pp

Debt / equity0×0.0×

Where this comes from

Reported directly by Toll Brothers in its filing.

Tagged under the XBRL concept us-gaap:SellingGeneralAndAdministrativeExpense.

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

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

Line item	North	Mid-Atlantic	South	Mountain	Pacific	Total	Corporate and other	Total consolidated
Home sales	291,333	310,827	497,859	439,326	373,206	1,912,551	611	1,913,162
Land sales and other	10,069	2,053	(2,304)	3,551	—	13,369	(191)	13,178
	301,402	312,880	495,555	442,877	373,206	1,925,920	420	1,926,340
Selling, general and administrative	25,778	28,416	59,777	39,610	31,665	185,246	73,007	258,253
Income (loss) from operations	71,458	72,269	110,939	86,196	80,030	420,892	(74,255)	346,637
Other:
(Loss) income from unconsolidated entities	(163)	—	3,325	90	(14)	3,238	(19,958)	(16,720)
Other income - net	901	696	552	(218)	304	2,235	18,206	20,441

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Toll Brothers's mountain — SG&A?: Toll Brothers (TOL) reported mountain — SG&A of $39.61M in Q1 2026.
How has Toll Brothers's mountain — SG&A changed year-over-year?: Toll Brothers's mountain — SG&A decreased by 16.5% year-over-year, from $47.46M to $39.61M.
What does mountain — SG&A mean?: Captures the operating expenses allocated to the Mountain segment, including sales commissions, marketing, regional management salaries, and administrative overhead. It reflects the cost of supporting the regional sales and operational infrastructure.