Toll Brothers (TOL) Gross Margin (2009 - 2026)

Toll Brothers (TOL) reported Gross Margin of 23.9% for Q2 2026, down 186.0% on a YoY basis from 27.79% in Q2 2025, and up 7.5% sequentially from 22.23% in Q1 2026.

Toll Brothers (TOL) Gross Margin (2009 - 2026) Analysis & Trends

Toll Brothers (TOL) has 18 years of Gross Margin data on file, last reported at 23.9% in Q2 2026.

  • For the quarter ending Q2 2026, Gross Margin fell 186.0% year-over-year to 23.9%; the trailing twelve-month figure through Apr 2026 stood at 2.69% (down 2830.0% YoY), and the FY2025 full-year result was 25.11%, down 275.0% from the prior year.
  • Gross Margin grew to 23.9% in Q2 2026, from 22.23% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 27.11% in Q3 2024 to a low of 14804.35% in Q3 2023.
  • A 5-year average of 2025.94% and a median of 337.32% in 2022 frame the typical range for Gross Margin.
  • Across the five-year window, Gross Margin slumped 1410747 bps in 2023 and surged 1483146 bps in 2024, its largest moves.
  • Tracing TOL's Gross Margin over 5 years: stood at 1994.44% in 2022, then sank by 58 bps to 3153.26% in 2023, then soared by 101 bps to 24.76% in 2024, then fell by 1 bps to 24.56% in 2025, then fell by 3 bps to 23.9% in 2026.
  • Business Quant data shows TOL's Gross Margin at 23.9% in Q2 2026, 22.23% in Q1 2026, and 24.56% in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Horton D R 40.90 Bn 39.56 Bn 2.15 Bn 23.26%
2 Pultegroup 23.36 Bn 22.03 Bn 3.92 Bn 98.48%
3 Lennar 19.77 Bn 19.63 Bn 7.69 Bn 96.82%
4 Nvr 17.18 Bn 15.54 Bn 1.31 Bn 69.49%
5 Toll Brothers 15.08 Bn 13.99 Bn 604.89 Mn 23.90%
6 Taylor Morrison Home 6.96 Bn 6.31 Bn 290.64 Mn 20.95%
7 Installed Building Products 5.97 Bn 5.50 Bn 212.30 Mn 32.14%
8 Meritage Homes 4.78 Bn 4.01 Bn 68.61 Mn 6.19%
9 Champion Homes 4.47 Bn 3.81 Bn 172.19 Mn 26.22%
10 M 4.43 Bn 3.66 Bn 202.59 Mn 22.00%

Historic Data

Download Data
DateValue
Apr 30, 2026 23.90%
Jan 31, 2026 22.23%
Oct 31, 2025 24.56%
Jul 31, 2025 -3,335.70%
Apr 30, 2025 25.75%
Jan 31, 2025 24.72%
Oct 31, 2024 24.76%
Jul 31, 2024 27.11%
Apr 30, 2024 -937.59%
Jan 31, 2024 -8,702.07%
Oct 31, 2023 -3,153.26%
Jul 31, 2023 -14,804.35%
Apr 30, 2023 25.56%
Jan 31, 2023 23.21%
Oct 31, 2022 -1,994.44%
Jul 31, 2022 -696.87%
Apr 30, 2022 -1,825.29%
Jan 31, 2022 -1,239.21%
Oct 31, 2021 -2,475.24%
Jul 31, 2021 -8,163.08%