Toll Brothers (TOL) Cost of Revenue (2009 - 2026)
Toll Brothers (TOL) reported Cost of Revenue of $2.03 billion for fiscal Q3 2026 (quarter ended Jul 31, 2026), down 7.7% from $2.2 billion a year earlier but up 5.6% from the prior quarter.
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Analysis
Toll Brothers (TOL) Cost of Revenue (2009 - 2026) Analysis & Trends
Over the twelve months ended Jul 31, 2026, Toll Brothers' Cost of Revenue came in at $8.2 billion, up 1.4% year-over-year; for FY2025 (ended Oct 31, 2025), it was $8.21 billion, up 5.0% from FY2024.
- Cost of Revenue has a five-year compound annual growth rate of 7.7% (FY2020 to FY2025).
- By fiscal year, Cost of Revenue came in at $7.82 billion in FY2024 (+6.3%), $7.36 billion in FY2023 (-5.5%), $7.79 billion in FY2022 (+13.8%) and $6.85 billion in FY2021 (+21.0%).
- Five-year quarterly Cost of Revenue spans a low of $1.34 billion in fiscal Q1 2023 and a high of $2.75 billion in fiscal Q4 2022.
- Year over year, Cost of Revenue gained in five of the last eight quarters, with growth averaging 4.4%.
- The high point for year-over-year Cost of Revenue in five years was fiscal Q1 2026 (growth of 19.2%); the low point was fiscal Q4 2023 (a decline of 19.2%).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at $1.93 billion (Q2 2026), $1.67 billion (Q1 2026) and $2.58 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 41.40 Bn | 32.29 Bn | 2.15 Bn | 7.08 Bn |
| 2 | Pultegroup | 22.30 Bn | 15.67 Bn | 1.07 Bn | 2.91 Bn |
| 3 | Lennar | 17.65 Bn | 8.17 Bn | 618.54 Mn | 7.43 Bn |
| 4 | Nvr | 15.93 Bn | 9.22 Bn | 485.14 Mn | 1.84 Bn |
| 5 | Toll Brothers | 12.89 Bn | 8.28 Bn | 625.22 Mn | 2.03 Bn |
| 6 | Champion Homes | 4.36 Bn | 1.84 Bn | - | - |
| 7 | Meritage Homes | 4.18 Bn | 1.10 Bn | 513.60 Mn | 2.29 Bn |
| 8 | Cavco Industries | 4.13 Bn | 2.89 Bn | - | - |
| 9 | M | 3.10 Bn | 290.98 Mn | - | - |
| 10 | Kb Home | 2.86 Bn | 2.07 Bn | -857.09 Mn | 2.15 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 2.03 Bn |
| Apr 30, 2026 | 1.93 Bn |
| Jan 31, 2026 | 1.67 Bn |
| Oct 31, 2025 | 2.58 Bn |
| Jul 31, 2025 | 2.20 Bn |
| Apr 30, 2025 | 2.03 Bn |
| Jan 31, 2025 | 1.40 Bn |
| Oct 31, 2024 | 2.45 Bn |
| Jul 31, 2024 | 1.99 Bn |
| Apr 30, 2024 | 1.98 Bn |
| Jan 31, 2024 | 1.41 Bn |
| Oct 31, 2023 | 2.22 Bn |
| Jul 31, 2023 | 1.94 Bn |
| Apr 30, 2023 | 1.85 Bn |
| Jan 31, 2023 | 1.34 Bn |
| Oct 31, 2022 | 2.75 Bn |
| Jul 31, 2022 | 1.90 Bn |
| Apr 30, 2022 | 1.75 Bn |
| Jan 31, 2022 | 1.39 Bn |
| Oct 31, 2021 | 2.34 Bn |
API Access
Toll Brothers Cost of Revenue 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=cost-of-revenue&ticker=TOL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "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=cost-of-revenue&ticker=TOL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();