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
DateValue
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