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

Toll Brothers' (TOL) quarterly Gross Margin came in at 23.9% in Q2 2026, down 186.0% year-on-year from 27.79% in Q2 2025, and up 7.5% quarter-over-quarter from 22.23% in Q1 2026.

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

Toll Brothers has disclosed Gross Margin across 18 years of filings, most recently posting 23.9% for Q2 2026.

  • Gross Margin for Q2 2026 came in at 23.9%, down 186.0% year-over-year; the trailing twelve-month figure through Apr 2026 was 23.68% (up 3011.0% YoY), and the FY2025 annual result was 25.11%, down 275.0% from the prior year.
  • Gross Margin came in at 23.9% for Q2 2026 at Toll Brothers, up from 22.23% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 27.33% in Q3 2023 to a low of 10881.15% in Q2 2023.
  • The 5-year median for Gross Margin is 16.73% (2022), against an average of 1933.32%.
  • Across the five-year window, Gross Margin sank 905586 bps in 2023 and surged 991290 bps in 2024, its largest moves.
  • Toll Brothers' Gross Margin stood at 1994.44% in 2022, then plunged by 58 bps to 3153.26% in 2023, then slipped by 3 bps to 3238.88% in 2024, then surged by 101 bps to 24.56% in 2025, then retreated by 3 bps to 23.9% in 2026.
  • The last three Gross Margin figures came in at 23.9% (Q2 2026), 22.23% (Q1 2026), and 24.56% (Q4 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Horton D R 43.54 Bn 42.20 Bn 1.70 Bn 22.54%
2 Pultegroup 23.57 Bn 21.76 Bn 881.27 Mn 25.85%
3 Lennar 22.65 Bn 20.45 Bn 6.36 Bn 96.10%
4 Nvr 17.80 Bn 16.15 Bn 1.31 Bn 69.49%
5 Toll Brothers 13.73 Bn 12.64 Bn 604.89 Mn 23.90%
6 Taylor Morrison Home 6.88 Bn 6.88 Bn 290.64 Mn 20.95%
7 Installed Building Products 5.53 Bn 5.05 Bn 212.30 Mn 32.14%
8 Meritage Homes 4.85 Bn 4.09 Bn -269,000.00 -0.07%
9 Cavco Industries 4.56 Bn 4.52 Bn 135.92 Mn 23.39%
10 Champion Homes 4.39 Bn 3.74 Bn 172.19 Mn 26.22%

Historic Data

Download Data
DateValue
Apr 30, 2026 23.90%
Jan 31, 2026 22.23%
Oct 31, 2025 24.56%
Jul 31, 2025 23.51%
Apr 30, 2025 25.75%
Jan 31, 2025 24.72%
Oct 31, 2024 -3,238.88%
Jul 31, 2024 27.11%
Apr 30, 2024 -968.25%
Jan 31, 2024 -8,702.07%
Oct 31, 2023 -3,153.26%
Jul 31, 2023 27.33%
Apr 30, 2023 -10,881.15%
Jan 31, 2023 -4,269.07%
Oct 31, 2022 -1,994.44%
Jul 31, 2022 15.78%
Apr 30, 2022 -1,825.29%
Jan 31, 2022 17.67%
Oct 31, 2021 -2,475.24%
Jul 31, 2021 -8,163.08%