Toll Brothers (TOL) Capital Expenditures (2009 - 2026)
Toll Brothers (TOL) recorded Capital Expenditures of $30.7 million in fiscal Q3 2026 (quarter ended Jul 31, 2026), up 20.6% from $25.45 million a year earlier and up 25.5% from the prior quarter.
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Analysis
Toll Brothers (TOL) Capital Expenditures (2009 - 2026) Analysis & Trends
On a TTM basis, Toll Brothers' Capital Expenditures came in at $101.86 million as of Jul 31, 2026, up 33.1% year-over-year; for FY2025 (ended Oct 31, 2025), it came in at $86.2 million, up 17.0% from FY2024.
- Annual Capital Expenditures has increased for four straight fiscal years, though with a five-year compound annual growth rate of -4.7% (FY2020 to FY2025).
- Across earlier fiscal years, Capital Expenditures came in at $73.64 million in FY2024 (+0.9%), $72.96 million in FY2023 (+1.7%), $71.73 million in FY2022 (+7.2%) and $66.88 million in FY2021 (-39.0%).
- The fiscal Q3 2026 figure is the highest quarterly Capital Expenditures since fiscal Q4 2020.
- On a year-over-year basis, Capital Expenditures has increased for four consecutive quarters, with growth averaging 19.9% over the last eight quarters.
- Peak year-over-year performance for Capital Expenditures in the last five years was growth of 76.9% in fiscal Q3 2024, against a decline of 38.9% in fiscal Q4 2021 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $24.47 million (Q2 2026), $18.86 million (Q1 2026) and $27.83 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 38.33 Bn | 29.22 Bn | 2.15 Bn | 42.00 Mn |
| 2 | Pultegroup | 21.75 Bn | 15.04 Bn | 1.06 Bn | 29.90 Mn |
| 3 | Lennar | 17.19 Bn | 6.61 Bn | 807.31 Mn | 18.86 Mn |
| 4 | Nvr | 16.44 Bn | 9.72 Bn | 485.14 Mn | 6.15 Mn |
| 5 | Toll Brothers | 12.42 Bn | 7.81 Bn | 625.22 Mn | 30.70 Mn |
| 6 | Taylor Morrison Home | 6.77 Bn | 4.76 Bn | 290.64 Mn | 9.96 Mn |
| 7 | Champion Homes | 4.74 Bn | 2.22 Bn | - | - |
| 8 | Cavco Industries | 4.34 Bn | 3.09 Bn | - | - |
| 9 | Meritage Homes | 4.10 Bn | 1.02 Bn | 513.60 Mn | 5.57 Mn |
| 10 | M | 3.42 Bn | 491.29 Mn | 235.50 Mn | 5.37 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 30.70 Mn |
| Apr 30, 2026 | 24.47 Mn |
| Jan 31, 2026 | 18.86 Mn |
| Oct 31, 2025 | 27.83 Mn |
| Jul 31, 2025 | 25.45 Mn |
| Apr 30, 2025 | 15.59 Mn |
| Jan 31, 2025 | 17.33 Mn |
| Oct 31, 2024 | 18.19 Mn |
| Jul 31, 2024 | 25.75 Mn |
| Apr 30, 2024 | 16.12 Mn |
| Jan 31, 2024 | 13.58 Mn |
| Oct 31, 2023 | 18.86 Mn |
| Jul 31, 2023 | 14.56 Mn |
| Apr 30, 2023 | 19.81 Mn |
| Jan 31, 2023 | 19.74 Mn |
| Oct 31, 2022 | 15.24 Mn |
| Jul 31, 2022 | 17.35 Mn |
| Apr 30, 2022 | 20.67 Mn |
| Jan 31, 2022 | 18.48 Mn |
| Oct 31, 2021 | 21.11 Mn |
API Access
Toll Brothers Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=TOL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "TOL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=TOL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();