vs

Side-by-side financial comparison of Toll Brothers, Inc. (TOL) and WEC Energy Group (WEC). Click either name above to swap in a different company.

Toll Brothers, Inc. is the larger business by last-quarter revenue ($3.4B vs $2.5B, roughly 1.3× WEC Energy Group). Toll Brothers, Inc. runs the higher net margin — 13.0% vs 12.5%, a 0.6% gap on every dollar of revenue. On growth, WEC Energy Group posted the faster year-over-year revenue change (11.1% vs 2.7%). Over the past eight quarters, Toll Brothers, Inc.'s revenue compounded faster (32.6% CAGR vs -2.7%).

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.

WEC Energy Group is an American energy company based in Milwaukee, Wisconsin. It provides electricity and natural gas to 4.4 million customers across four states.

TOL vs WEC — Head-to-Head

Bigger by revenue
TOL
TOL
1.3× larger
TOL
$3.4B
$2.5B
WEC
Growing faster (revenue YoY)
WEC
WEC
+8.4% gap
WEC
11.1%
2.7%
TOL
Higher net margin
TOL
TOL
0.6% more per $
TOL
13.0%
12.5%
WEC
Faster 2-yr revenue CAGR
TOL
TOL
Annualised
TOL
32.6%
-2.7%
WEC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
TOL
TOL
WEC
WEC
Revenue
$3.4B
$2.5B
Net Profit
$446.7M
$316.8M
Gross Margin
24.8%
63.7%
Operating Margin
16.5%
17.9%
Net Margin
13.0%
12.5%
Revenue YoY
2.7%
11.1%
Net Profit YoY
-6.0%
-30.1%
EPS (diluted)
$4.51

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
TOL
TOL
WEC
WEC
Q4 25
$3.4B
$2.5B
Q3 25
$2.9B
$2.1B
Q2 25
$2.7B
$2.0B
Q1 25
$1.9B
$3.1B
Q4 24
$3.3B
$2.3B
Q3 24
$2.7B
$1.9B
Q2 24
$2.8B
$1.8B
Q1 24
$1.9B
$2.7B
Net Profit
TOL
TOL
WEC
WEC
Q4 25
$446.7M
$316.8M
Q3 25
$369.6M
$270.2M
Q2 25
$352.4M
$243.0M
Q1 25
$177.7M
$725.5M
Q4 24
$475.4M
$453.1M
Q3 24
$374.6M
$238.6M
Q2 24
$481.6M
$210.0M
Q1 24
$239.6M
$622.6M
Gross Margin
TOL
TOL
WEC
WEC
Q4 25
24.8%
63.7%
Q3 25
25.2%
71.1%
Q2 25
25.8%
71.6%
Q1 25
24.7%
63.0%
Q4 24
26.4%
67.7%
Q3 24
27.2%
72.1%
Q2 24
30.4%
73.5%
Q1 24
27.6%
65.4%
Operating Margin
TOL
TOL
WEC
WEC
Q4 25
16.5%
17.9%
Q3 25
16.6%
21.4%
Q2 25
16.4%
20.1%
Q1 25
11.8%
29.8%
Q4 24
18.3%
25.9%
Q3 24
18.2%
20.6%
Q2 24
22.0%
20.6%
Q1 24
15.8%
30.3%
Net Margin
TOL
TOL
WEC
WEC
Q4 25
13.0%
12.5%
Q3 25
12.6%
12.8%
Q2 25
12.9%
12.1%
Q1 25
9.6%
23.0%
Q4 24
14.3%
19.8%
Q3 24
13.7%
12.8%
Q2 24
17.0%
11.9%
Q1 24
12.3%
23.2%
EPS (diluted)
TOL
TOL
WEC
WEC
Q4 25
$4.51
Q3 25
$3.73
Q2 25
$3.50
Q1 25
$1.75
Q4 24
$4.61
Q3 24
$3.60
Q2 24
$4.55
Q1 24
$2.25

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
TOL
TOL
WEC
WEC
Cash + ST InvestmentsLiquidity on hand
$1.3B
$27.6M
Total DebtLower is stronger
$20.0B
Stockholders' EquityBook value
$8.3B
$14.1B
Total Assets
$14.5B
$51.5B
Debt / EquityLower = less leverage
1.42×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
TOL
TOL
WEC
WEC
Q4 25
$1.3B
$27.6M
Q3 25
$852.3M
$51.1M
Q2 25
$686.5M
$23.0M
Q1 25
$574.8M
$82.2M
Q4 24
$1.3B
$9.8M
Q3 24
$893.4M
$322.5M
Q2 24
$1.0B
$224.0M
Q1 24
$754.8M
$38.9M
Total Debt
TOL
TOL
WEC
WEC
Q4 25
$20.0B
Q3 25
Q2 25
Q1 25
Q4 24
$18.9B
Q3 24
$16.9B
Q2 24
$16.9B
Q1 24
$15.4B
Stockholders' Equity
TOL
TOL
WEC
WEC
Q4 25
$8.3B
$14.1B
Q3 25
$8.1B
$14.0B
Q2 25
$7.9B
$13.7B
Q1 25
$7.8B
$13.4B
Q4 24
$7.7B
$12.8B
Q3 24
$7.4B
$12.4B
Q2 24
$7.3B
$12.4B
Q1 24
$7.0B
$12.4B
Total Assets
TOL
TOL
WEC
WEC
Q4 25
$14.5B
$51.5B
Q3 25
$14.4B
$49.8B
Q2 25
$14.2B
$48.5B
Q1 25
$13.6B
$48.2B
Q4 24
$13.4B
$47.4B
Q3 24
$13.4B
$45.2B
Q2 24
$13.3B
$44.6B
Q1 24
$12.5B
$43.9B
Debt / Equity
TOL
TOL
WEC
WEC
Q4 25
1.42×
Q3 25
Q2 25
Q1 25
Q4 24
1.48×
Q3 24
1.36×
Q2 24
1.36×
Q1 24
1.24×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
TOL
TOL
WEC
WEC
Operating Cash FlowLast quarter
$800.0M
$424.6M
Free Cash FlowOCF − Capex
$772.2M
FCF MarginFCF / Revenue
22.6%
Capex IntensityCapex / Revenue
0.8%
Cash ConversionOCF / Net Profit
1.79×
1.34×
TTM Free Cash FlowTrailing 4 quarters
$1.0B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
TOL
TOL
WEC
WEC
Q4 25
$800.0M
$424.6M
Q3 25
$370.3M
$938.9M
Q2 25
$362.8M
$853.3M
Q1 25
$-420.8M
$1.2B
Q4 24
$682.5M
$581.8M
Q3 24
$175.6M
$729.0M
Q2 24
$459.0M
$1.0B
Q1 24
$-307.0M
$863.6M
Free Cash Flow
TOL
TOL
WEC
WEC
Q4 25
$772.2M
Q3 25
$344.9M
$-625.7M
Q2 25
$347.3M
$23.9M
Q1 25
$-438.1M
$461.5M
Q4 24
$664.3M
Q3 24
$149.9M
$-67.3M
Q2 24
$442.9M
$343.5M
Q1 24
$-320.6M
$419.1M
FCF Margin
TOL
TOL
WEC
WEC
Q4 25
22.6%
Q3 25
11.7%
-29.7%
Q2 25
12.7%
1.2%
Q1 25
-23.6%
14.7%
Q4 24
19.9%
Q3 24
5.5%
-3.6%
Q2 24
15.6%
19.4%
Q1 24
-16.5%
15.6%
Capex Intensity
TOL
TOL
WEC
WEC
Q4 25
0.8%
Q3 25
0.9%
74.4%
Q2 25
0.6%
41.3%
Q1 25
0.9%
22.3%
Q4 24
0.5%
Q3 24
0.9%
42.7%
Q2 24
0.6%
39.2%
Q1 24
0.7%
16.6%
Cash Conversion
TOL
TOL
WEC
WEC
Q4 25
1.79×
1.34×
Q3 25
1.00×
3.47×
Q2 25
1.03×
3.51×
Q1 25
-2.37×
1.60×
Q4 24
1.44×
1.28×
Q3 24
0.47×
3.06×
Q2 24
0.95×
4.94×
Q1 24
-1.28×
1.39×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

TOL
TOL

Home Building$3.4B100%
Land$9.4M0%

WEC
WEC

Wisconsin$1.9B73%
Illinois$441.2M17%
Other States$165.1M7%
External Revenues$74.0M3%
Otheroperatingrevenues$8.0M0%

Related Comparisons