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Toll Brothers TOL South — SG&A

Other segment segments

Mountain
$39.61M-16.5%
Pacific
$31.67M-0.5%
Mid-Atlantic
$28.42M+7.2%
North
$25.78M+11.5%

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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
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: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 itemNorthMid-AtlanticSouthMountainPacificTotalCorporate and otherTotal consolidated
Home sales291,333310,827497,859439,326373,2061,912,5516111,913,162
Land sales and other10,0692,053(2,304)3,55113,369(191)13,178
301,402312,880495,555442,877373,2061,925,9204201,926,340
Selling, general and administrative25,77828,41659,77739,61031,665185,24673,007258,253
Income (loss) from operations71,45872,269110,93986,19680,030420,892(74,255)346,637
Other:
(Loss) income from unconsolidated entities(163)3,32590(14)3,238(19,958)(16,720)
Other income - net901696552(218)3042,23518,20620,441

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Toll Brothers's south — SG&A?
Toll Brothers (TOL) reported south — SG&A of $59.78M in Q1 2026.
How has Toll Brothers's south — SG&A changed year-over-year?
Toll Brothers's south — SG&A increased by 1.7% year-over-year, from $58.77M to $59.78M.
What does south — SG&A mean?
Captures the overhead expenses required to operate the South segment, including sales commissions, marketing, administrative salaries, and office expenses. It reflects the operational leverage and cost discipline of the regional management team.

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