Toll Brothers (TOL) Change in Inventory (2009 - 2026)
Toll Brothers' (TOL) quarterly Change in Inventory came in at $175.8 million in Q2 2026, up 157.01% year-on-year from $68.4 million in Q2 2025, and down 55.62% quarter-over-quarter from $396.1 million in Q1 2026.
Toll Brothers (TOL) Change in Inventory (2009 - 2026) Analysis & Trends
Toll Brothers has disclosed Change in Inventory across 18 years of filings, most recently posting $175.8 million for Q2 2026.
- Change in Inventory for Q2 2026 came in at $175.8 million, up 157.01% year-over-year; the trailing twelve-month figure through Apr 2026 was $192.4 million (down 75.85% YoY), and the FY2025 annual result was $521.2 million, down 9.48% from the prior year.
- Change in Inventory came in at $175.8 million for Q2 2026 at Toll Brothers, down from $396.1 million in the prior quarter.
- In the past five years, Change in Inventory ranged from a high of $832.2 million in Q1 2025 to a low of -$669.2 million in Q4 2022.
- The 5-year median for Change in Inventory is $178.0 million (2024), against an average of $128.3 million.
- Across the five-year window, Change in Inventory soared 689.14% in 2022 and plunged 163.26% in 2024, its largest moves.
- Toll Brothers' Change in Inventory stood at -$669.2 million in 2022, then soared by 78.64% to -$142.9 million in 2023, then plunged by 163.26% to -$376.3 million in 2024, then decreased by 1.41% to -$381.6 million in 2025, then jumped by 146.07% to $175.8 million in 2026.
- The last three Change in Inventory figures came in at $175.8 million (Q2 2026), $396.1 million (Q1 2026), and -$381.6 million (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 43.54 Bn | 42.20 Bn | 1.70 Bn | 1.28 Bn |
| 2 | Pultegroup | 23.57 Bn | 21.76 Bn | 881.27 Mn | 376.39 Mn |
| 3 | Lennar | 22.65 Bn | 20.45 Bn | 6.36 Bn | 652.02 Mn |
| 4 | Nvr | 17.80 Bn | 16.15 Bn | 1.31 Bn | 214.95 Mn |
| 5 | Toll Brothers | 13.73 Bn | 12.64 Bn | 604.89 Mn | 175.80 Mn |
| 6 | Taylor Morrison Home | 6.88 Bn | 6.88 Bn | 290.64 Mn | 127.34 Mn |
| 7 | Installed Building Products | 5.53 Bn | 5.05 Bn | 212.30 Mn | 2.10 Mn |
| 8 | Meritage Homes | 4.85 Bn | 4.09 Bn | -269,000.00 | -34.05 Mn |
| 9 | Cavco Industries | 4.56 Bn | 4.52 Bn | 135.92 Mn | -15.74 Mn |
| 10 | Champion Homes | 4.39 Bn | 3.74 Bn | 172.19 Mn | -11.15 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 175.80 Mn |
| Apr 30, 2026 | 175.80 Mn |
| Jan 31, 2026 | 396.10 Mn |
| Jan 31, 2026 | 396.10 Mn |
| Oct 31, 2025 | -381.62 Mn |
| Oct 31, 2025 | -381.62 Mn |
| Jul 31, 2025 | 2.17 Mn |
| Jul 31, 2025 | 2.17 Mn |
| Apr 30, 2025 | 68.40 Mn |
| Apr 30, 2025 | 68.40 Mn |
| Jan 31, 2025 | 832.23 Mn |
| Jan 31, 2025 | 832.23 Mn |
| Oct 31, 2024 | -376.31 Mn |
| Oct 31, 2024 | -376.31 Mn |
| Jul 31, 2024 | 272.71 Mn |
| Jul 31, 2024 | 272.71 Mn |
| Apr 30, 2024 | 180.29 Mn |
| Apr 30, 2024 | 180.29 Mn |
| Jan 31, 2024 | 499.05 Mn |
| Jan 31, 2024 | 499.05 Mn |