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| Date | Value |
|---|---|
| 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% |