Toll Brothers, Inc.TOLEarnings & Financial Report
NYSE
Toll Brothers, Inc. is an American homebuilding company that builds, markets, and finances for residential and commercial properties in the United States. In 2020, the company was the fifth largest home builder in the United States, based on homebuilding revenue. The company is ranked 411th on the Fortune 500.
TOL Q4 2025 Key Financial Metrics
Revenue
$3.4B
Gross Profit
$847.9M
Operating Profit
$564.1M
Net Profit
$446.7M
Gross Margin
24.8%
Operating Margin
16.5%
Net Margin
13.0%
YoY Growth
2.7%
EPS
$4.51
Financial Flow
Toll Brothers, Inc. Q4 2025 Financial Summary
Toll Brothers, Inc. reported revenue of $3.4B for Q4 2025, with a net profit of $446.7M (13.0% margin). Cost of goods sold was $2.6B, operating expenses totaled $283.8M.
Key Financial Metrics
| Total Revenue | $3.4B |
|---|---|
| Net Profit | $446.7M |
| Gross Margin | 24.8% |
| Operating Margin | 16.5% |
| Report Period | Q4 2025 |
Toll Brothers, Inc. Annual Revenue by Year
Toll Brothers, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $11.0B).
| Year | Annual Revenue |
|---|---|
| 2025 | $11.0B |
| 2024 | $10.8B |
| 2023 | $10.0B |
| 2022 | $10.3B |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.95B | $2.84B | $2.73B | $3.33B | $1.86B | $2.74B | $2.95B | $3.42B |
| YoY Growth | 9.4% | 13.2% | 1.5% | 10.4% | -4.6% | -3.5% | 8.0% | 2.7% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $12.52B | $13.25B | $13.36B | $13.37B | $13.62B | $14.20B | $14.40B | $14.52B |
| Liabilities | $5.49B | $5.93B | $5.93B | $5.68B | $5.81B | $6.23B | $6.29B | $6.23B |
| Equity | $7.02B | $7.31B | $7.41B | $7.67B | $7.80B | $7.95B | $8.10B | $8.27B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-307.0M | $459.0M | $175.6M | $682.5M | $-420.8M | $362.8M | $370.3M | $800.0M |