TOL on NYSE

Toll Brothers

Logo: Kalel2007, Public domain, via Wikimedia Commons6

American home builder company

Toll Brothers, Inc. is an American homebuilding company that builds, markets, and finances for residential and commercial properties in the United States.3 From Wikipedia, CC BY-SA 4.0

$133.52 down 0.42 (0.31%)Price as of Oct 16, 2026 at 19:58 UTC

Last updated Oct 19, 2026.

Overview

$11.0BRevenue, fiscal 20257
$1.3BNet income, fiscal 20257
1986Founded1

Compare with NVR, Inc., PulteGroup or KB Home, or pick any stock.

  • TickerTOL on NYSE1
  • IndustryOperative Builders1
  • HeadquartersHorsham1
  • Websitewww.tollbrothers.com
  • Incorporated inDE8
  • Business address1140 Virginia Drive, Fort Washington, Pa 190348
  • Filer categoryLarge accelerated filer8
  • Legal formCorporation4
  • LEI529900JB6IS9MSZGVR444
  • StatusActive4
  • LEI statusLapsed (not renewed)4
  • Registered addressc/o United Agent Group Inc., 3411 Silverside Road #104 Tatnall Building, 19810 Wilmington, United States4
  • Registered withDivision of Corporations, Department of State, 20921184

See how the biggest companies compare on our leaderboards

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 500.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

15.7%Operating margin7
12.3%Net margin7
1.1%Revenue growth, 20257
16.3%Return on equity7
$1.0BFree cash flow7

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Home Building brought in 99% of the revenue Toll Brothers broke down this way in fiscal 2025.

  1. Home Building$10.8B799%up 3% from 2024
  2. Land$115.7M71%down 57% from 2024
  3. Management Fee$3.8M70%down 11% from 2024
Products and services by year
Products and services202320242025
Home Building$9.9B$10.6B$10.8B
Land$74.6M$268.5M$115.7M
Management Fee$4.5M$4.3M$3.8M

Regions

Mountain brought in 27% of the revenue Toll Brothers broke down this way in fiscal 2025.

  1. Mountain$3.0B727%up 14% from 2024
  2. South$2.7B725%down 3% from 2024
  3. Pacific$2.1B719%down 7% from 2024
  4. North$1.7B715%up 12% from 2024
  5. Mid-Atlantic$1.5B713%down 10% from 2024
Regions by year
Regions202320242025
Mountain$2.7B$2.6B$3.0B
South$2.2B$2.8B$2.7B
Pacific$2.3B$2.3B$2.1B
North$1.5B$1.5B$1.7B
Mid-Atlantic$1.2B$1.6B$1.5B

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue74¢$8.2B
  • Selling, general and admin9¢$1.0B
  • Income tax4¢$444.9M
  • Profit12¢$1.3B

Out of $11.0B in revenue.7

Where each dollar of operating cash went, fiscal 2025

  • Capital spending8¢$86.2M
  • Dividends paid9¢$97.1M
  • Share buybacks59¢$651.0M
  • Kept or used elsewhere25¢$278.1M

Out of $1.1B of cash from operations.7

Financial statements

Revenue10111213147$11.0B in 2025+54% since 2018
0$5.0B$10.0B$15.0B2018: $7.1B$7.1B20182019: $7.2B$7.2B2019+1%2020: $7.1B$7.1B2020−2%2021: $8.8B$8.8B2021+24%2022: $10.3B$10.3B2022+17%2023: $10.0B$10.0B2023−3%2024: $10.8B$10.8B2024+9%2025: $11.0B$11.0B2025+1%
Operating income15111213147$1.7B in 2025+119% since 2018
0$1.0B$2.0B$3.0B2018: $786.2M$786.2M20182019: $680.8M$680.8M2019−13%2020: $550.3M$550.3M2020−19%2021: $1.0B$1.0B2021+86%2022: $1.5B$1.5B2022+48%2023: $1.7B$1.7B2023+14%2024: $2.0B$2.0B2024+18%2025: $1.7B$1.7B2025−16%
Net income15111213147$1.3B in 2025+80% since 2018
0$500.0M$1.0B$1.5B$2.0B2018: $748.2M$748.2M20182019: $590.0M$590.0M2019−21%2020: $446.6M$446.6M2020−24%2021: $833.6M$833.6M2021+87%2022: $1.3B$1.3B2022+54%2023: $1.4B$1.4B2023+7%2024: $1.6B$1.6B2024+15%2025: $1.3B$1.3B2025−14%

Every line of the income statement as filed: the last 3 fiscal years (annual) or 8 quarters (quarterly), latest first.7

Period ending2025-10-312024-10-312023-10-31
Revenues:$11.0B$10.8B$10.0B
Cost of revenues:$8.2B$7.8B$7.4B
Selling, general and administrative$1.0B$982.3M$909.4M
Income from operations$1.7B$2.0B$1.7B
Income (loss) from unconsolidated entities$19.1M-$23.8M$50.1M
Other income net$51.7M$69.3M$67.5M
Income before income taxes$1.8B$2.1B$1.8B
Income tax provision$444.9M$514.4M$470.3M
Net income$1.3B$1.6B$1.4B
Other comprehensive (loss) income net of tax-$9.0M-$9.6M$3.3M
Total comprehensive income$1.3B$1.6B$1.4B
Basic earnings (in dollars per share)$13.60$15.16$12.47
Diluted earnings (in dollars per share)$13.49$15.01$12.36
Basic (in shares)99.0M shares103.7M shares110.0M shares
Diluted (in shares)99.8M shares104.7M shares111.0M shares

Compare Toll Brothers with another company

The story

Founded by Robert I. Toll in 1986.1

Toll Brothers was founded in 1967 in Pennsylvania by Robert I. Toll and Bruce E. Toll. Robert received a law degree from University of Pennsylvania and his B.A. from Cornell University, while his brother Bruce had an accounting degree from the University of Miami. Their father, Albert, built homes and the brothers believed that the new home industry had more to offer. Bruce was 26 and Robert was 27 at the time.

Toll Brothers was incorporated as a Delaware corporation with a public offering raising $40 million.

In addition to single-family, carriage house/townhouse and condominium residences, Toll Brothers offers rental apartments (Apartment Living division) and luxury student housing (Campus Living division). They also operate various ancillary businesses including mortgage, insurance, home automation/security, and landscaping.

From Wikipedia’s article on Toll Brothers, shared under CC BY-SA 4.0.9

Leadership

Who has led Toll Brothers, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Robert I. Toll2006–2010
  2. Karl K. Mistry2026–now

Chair

  1. Robert I. Toll2010–2019

President

  1. Zvi Barzilay2006–2012
  2. Richard T. Hartman2013–2019
  3. Robert Parahus2021–2026
  4. Seth J. Ring2026–now

Chief financial officer

  1. Martin P. Connor2010–2025
  2. Gregg L. Ziegler2025–now

Chief operating officer

  1. Richard T. Hartman2012
  2. James W. Boyd2019–2020
  3. Robert Parahus2019–2026
  4. Seth J. Ring2026–now
1990200020102020
Board members and other officers (26)

Acquisitions

Toll Brothers has made thirteen acquisitions since 1995:

West Texas Woodlands

Geoffrey H. Edmunds in Scottsdale, Arizona (1995)

Coleman Homes' Las Vegas Division (1998)

Read the full text

Silverman Homes in metro Detroit (1999)

Richard R. Dostie (2003) and The Manhattan Building Company (2003) in northern New Jersey

the central Florida Division of Landstar Homes (2005)

CamWest Development in Seattle, Washington (2011)

Shapell Industries in California (2014)

Coleman Homes in Boise, Idaho (2016)

Sharp Residential in Atlanta, Georgia (2019)

Sabal Homes in South Carolina (2019)

Thrive Residential in Nashville and Atlanta (2020)

Keller Homes in Colorado Springs (2020)

From Wikipedia’s article on Toll Brothers, shared under CC BY-SA 4.0.9

Former names

  • TOLL BROTHERS INCJan 10, 1994 to Mar 28, 20198

Timeline

  1. Mar 31, 2026New chief executive Karl K. Mistry becomes CEO18
  2. May 24, 2006New chief executive Robert I. Toll becomes CEO19
  3. 1986Founded Founded1

Filings

438 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 43 major events, 265 insider forms, 26 large holders, 84 other. The latest 20:

  1. Sep 25, 20264 PRIMARY DOCUMENT EDGAR
  2. Sep 24, 2026144 EDGAR
  3. Sep 4, 2026SCHEDULE 13G/A EDGAR
  4. Aug 28, 202610-Q EDGAR
  5. Aug 18, 20268-K EDGAR
  6. Jul 1, 20263 PRIMARY DOCUMENT EDGAR
  7. Jun 22, 20264 PRIMARY DOCUMENT EDGAR
  8. Jun 18, 2026144 EDGAR
  9. Jun 18, 20264 PRIMARY DOCUMENT EDGAR
  10. Jun 9, 2026144 EDGAR
  11. May 29, 202610-Q EDGAR
  12. May 19, 20268-K EDGAR
  13. May 13, 20268-K EDGAR
  14. Apr 30, 2026SCHEDULE 13G EDGAR
  15. Apr 16, 20264 PRIMARY DOCUMENT EDGAR
  16. Apr 15, 2026144 EDGAR
  17. Mar 31, 20263 PRIMARY DOCUMENT EDGAR
  18. Mar 31, 20268-K EDGAR
  19. Mar 27, 2026SCHEDULE 13G/A EDGAR
  20. Mar 11, 20268-K EDGAR

The 438 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

98 open-market trades by officers, directors and large owners since October 2021: 1 buys and 97 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Sep 24, 2026East Stephen F.DirectorSale800$135.99$108.8KForm 4
Jun 18, 2026Parahus RobertPresident & COOSale7,500$149.66$1.1MForm 4
Jun 18, 2026Yearley Douglas C. Jr.Executive ChairmanSale77,957$156.58$12.2MForm 4
Apr 15, 2026East Stephen F.DirectorSale1,000$139.70$139.7KForm 4
Mar 4, 2026McLean John ADirectorSale2,313$153.43$354.9KForm 4
Feb 27, 2026Yearley Douglas C. Jr.Executive ChairmanSale27,014$159.15$4.3MForm 4
Feb 24, 2026Yearley Douglas C. Jr.Executive ChairmanSale45,116$160.42$7.2MForm 4
Jan 15, 2026SHAPIRO PAUL EDirectorSale3,965$146.68$581.6KForm 4
Sep 8, 2025Yearley Douglas C. Jr.Executive ChairmanSale20,145$148.08$3.0MForm 4
Sep 5, 2025SHAPIRO PAUL EDirectorSale3,812$147.65$562.8KForm 4
Sep 2, 2025Pritchett Wendell E.DirectorSale2,500$138.71$346.8KForm 4
Aug 29, 2025Yearley Douglas C. Jr.Executive ChairmanSale25,000$138.26$3.5MForm 4
Aug 27, 2025Connor Martin P.Chief Financial OfficerSale5,350$137.51$735.7KForm 4
Aug 22, 2025Grubb Michael J.SVP & Chief Accounting OfficerSale500$140.63$70.3KForm 4
Aug 21, 2025Parahus RobertPresident & COOSale9,831$130.84$1.3MForm 4
Aug 6, 2025Sandstrom Katherine MDirectorBuy68$126.87$8.6KForm 4
Jul 16, 2025East Stephen F.DirectorSale2,500$115.33$288.3KForm 4
Jul 14, 2025Grubb Michael J.SVP & Chief Accounting OfficerSale500$120.00$60.0KForm 4
Jul 14, 2025GARVEY CHRISTINEDirectorSale770$119.82$92.3KForm 4
Mar 11, 2025SHAPIRO PAUL EDirectorSale7,000$106.97$748.8KForm 4

All 98 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.9,776,609$1.6B0.0%−172,479
Greenhaven Associates Inc5,630,109$927.6M10.7%−15,200
Capital World Investors5,252,278$865.3M0.1%+44,501
Vanguard Capital Management LLC4,291,127$707.0M0.0%+38,475
Vanguard Portfolio Management LLC4,174,405$687.7M0.0%+4,152
Fmr LLC4,111,225$677.3M0.0%+606,187
State Street Corp3,505,828$577.6M0.0%+146,163
Dimensional Fund Advisors LP3,106,991$511.9M0.1%+116,544
Geode Capital Management, LLC2,490,850$410.4M0.0%+111,211
Aqr Capital Management LLC1,617,618$265.8M0.1%−148,869
Goldman Sachs Group Inc1,470,543$242.3M0.0%+134,265
Jennison Associates LLC1,420,703$234.1M0.1%+2,160
Holocene Advisors, LP1,331,245$219.3M0.5%+271,660
Norges Bank1,188,342$195.8M0.0%New
Morgan Stanley1,156,108$190.5M0.0%−117,640
Victory Capital Management Inc1,119,309$184.4M0.1%+356,557
Jpmorgan Chase & Co1,080,884$178.9M0.0%+545,168
Bamco Inc /ny/1,009,102$166.2M0.2%+77,071
Bank of New York Mellon Corp1,000,326$164.8M0.0%−32,584
Northern Trust Corp863,447$142.3M0.0%+7,864
First Trust Advisors LP820,066$135.1M0.1%+221,938
Bank Of America Corp /de/764,261$125.9M0.0%+12,857
Charles Schwab Investment Management Inc736,546$121.3M0.0%+8,442
Citadel Advisors LLC720,696$118.7M0.1%−411,940
UBS Group AG698,364$115.1M0.0%+251,724

13F reports cover disclosed long positions in U.S. stocks only.

Members of Congress who traded it

3 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Sep 18, 2020Susie LeeDemocratic, HouseSale$1,001 - $15,000−65.9%Report
Jul 29, 2020Susie LeeDemocratic, HouseBuy$1,001 - $15,000+109.6%Report
Jul 23, 2020Susie LeeDemocratic, HouseBuy$1,001 - $15,000+127.0%Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
    Yahoo FinanceTOL quote
  6. 6
  7. 7
  8. 8
  9. 9
  10. 10
  11. 11
  12. 12
  13. 13
  14. 14
  15. 15
  16. 16
  17. 17
  18. 18
  19. 19
  20. 20
  21. 21
  22. 22
  23. 23
  24. 24
  25. 25
  26. 26
  27. 27
  28. 28
  29. 29
  30. 30
  31. 31
  32. 32
  33. 33
  34. 34
  35. 35
  36. 36
  37. 37
  38. 38
  39. 39
  40. 40
  41. 41
  42. 42
  43. 43
  44. 44
  45. 45
  46. 46
  47. 47
  48. 48
  49. 49
  50. 50
  51. 51
  52. 52
  53. 53
  54. 54
  55. 55
  56. 56
  57. 57
  58. 58