Toll Brothers (TOL) Change in Inventory (2009 - 2026)
Toll Brothers' Change in Inventory was $328.54 million in fiscal Q3 2026 (quarter ended Jul 31, 2026), compared with $2.17 million a year earlier and up 86.9% from the prior quarter.
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Analysis
Toll Brothers (TOL) Change in Inventory (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Toll Brothers' Change in Inventory was $518.82 million through Jul 31, 2026, down 1.5% year-over-year; for FY2025 (ended Oct 31, 2025), it came in at $521.18 million, down 9.5% from FY2024.
- In earlier fiscal years, Change in Inventory was $575.73 million in FY2024, $22.21 million in FY2023 (-96.4%), $618.83 million in FY2022 (+215.4%) and $196.23 million in FY2021.
- Quarterly Change in Inventory has moved between -$669.2 million (fiscal Q4 2022) and $832.23 million (fiscal Q1 2025) over five years.
- Compared with a year earlier, Change in Inventory was higher in two of the last five quarters, with growth averaging 2.0%.
- The best year-over-year quarter for Change in Inventory over five years was fiscal Q3 2022 (growth of 689.1%); the worst was fiscal Q3 2025 (a decline of 99.2%).
- Per Business Quant data, TOL's Change in Inventory in the three fiscal quarters before Q3 2026 was $175.8 million (Q2 2026), $396.1 million (Q1 2026) and -$381.62 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 38.33 Bn | 29.22 Bn | 2.15 Bn | 532.90 Mn |
| 2 | Pultegroup | 21.75 Bn | 15.04 Bn | 1.06 Bn | 430.91 Mn |
| 3 | Lennar | 17.19 Bn | 6.61 Bn | 807.31 Mn | 436.85 Mn |
| 4 | Nvr | 16.44 Bn | 9.72 Bn | 485.14 Mn | 296.78 Mn |
| 5 | Toll Brothers | 12.42 Bn | 7.81 Bn | 625.22 Mn | 328.54 Mn |
| 6 | Taylor Morrison Home | 6.77 Bn | 4.76 Bn | 290.64 Mn | 127.34 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 | -98.28 Mn |
| 10 | M | 3.42 Bn | 491.29 Mn | 235.50 Mn | 117.81 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 328.54 Mn |
| Apr 30, 2026 | 175.80 Mn |
| Jan 31, 2026 | 396.10 Mn |
| Oct 31, 2025 | -381.62 Mn |
| Jul 31, 2025 | 2.17 Mn |
| Apr 30, 2025 | 68.40 Mn |
| Jan 31, 2025 | 832.23 Mn |
| Oct 31, 2024 | -376.31 Mn |
| Jul 31, 2024 | 272.71 Mn |
| Apr 30, 2024 | 180.29 Mn |
| Jan 31, 2024 | 499.05 Mn |
| Oct 31, 2023 | -142.94 Mn |
| Jul 31, 2023 | -134.79 Mn |
| Apr 30, 2023 | -53.34 Mn |
| Jan 31, 2023 | 353.28 Mn |
| Oct 31, 2022 | -669.20 Mn |
| Jul 31, 2022 | 397.83 Mn |
| Apr 30, 2022 | 324.72 Mn |
| Jan 31, 2022 | 565.48 Mn |
| Oct 31, 2021 | -382.23 Mn |
API Access
Toll Brothers Change in Inventory 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=change-in-inventory&ticker=TOL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-inventory", "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=change-in-inventory&ticker=TOL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();