Toll Brothers (TOL) Inventory (2009 - 2026)
Toll Brothers (TOL) recorded Inventory of $11.65 billion in fiscal Q3 2026 (quarter ended Jul 31, 2026), up 5.2% from $11.07 billion a year earlier and up 2.4% from the prior quarter.
Toll Brothers (TOL) Inventory (2009 - 2026) Analysis & Trends
At the end of FY2025 (ended Oct 31, 2025), Toll Brothers reported Inventory of $10.68 billion, up 9.9% from FY2024.
- Annual Inventory has increased for five straight fiscal years, with a five-year compound annual growth rate of 6.9% (FY2020 to FY2025).
- Across earlier fiscal years, Inventory came in at $9.71 billion in FY2024 (+7.2%), $9.06 billion in FY2023 (+3.7%), $8.73 billion in FY2022 (+10.3%) and $7.92 billion in FY2021 (+3.4%).
- The fiscal Q3 2026 figure is the highest quarterly Inventory in data going back to fiscal Q4 2009.
- On a year-over-year basis, Inventory has increased for 12 consecutive quarters, with growth averaging 7.7% over the last eight quarters.
- Peak year-over-year performance for Inventory in the last five years was growth of 13.4% in fiscal Q3 2022, against a decline of 2.2% in fiscal Q3 2023 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $11.38 billion (Q2 2026), $11.2 billion (Q1 2026) and $10.68 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 39.14 Bn | 30.03 Bn | 2.15 Bn | 26.69 Bn |
| 2 | Pultegroup | 22.34 Bn | 15.63 Bn | 1.06 Bn | 13.72 Bn |
| 3 | Lennar | 17.27 Bn | 6.70 Bn | 807.31 Mn | 12.58 Bn |
| 4 | Nvr | 16.72 Bn | 10.01 Bn | 485.14 Mn | - |
| 5 | Toll Brothers | 12.58 Bn | 7.96 Bn | 625.22 Mn | 11.65 Bn |
| 6 | Taylor Morrison Home | 6.77 Bn | 4.76 Bn | 290.64 Mn | 6.24 Bn |
| 7 | Champion Homes | 4.80 Bn | 2.28 Bn | - | 358.31 Mn |
| 8 | Cavco Industries | 4.31 Bn | 3.07 Bn | - | 295.67 Mn |
| 9 | Meritage Homes | 4.24 Bn | 1.16 Bn | 513.60 Mn | 5.89 Bn |
| 10 | M | 3.48 Bn | 550.71 Mn | 235.50 Mn | 3.51 Bn |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 11.65 Bn |
| Apr 30, 2026 | 11.38 Bn |
| Jan 31, 2026 | 11.20 Bn |
| Oct 31, 2025 | 10.68 Bn |
| Jul 31, 2025 | 11.07 Bn |
| Apr 30, 2025 | 10.99 Bn |
| Jan 31, 2025 | 10.68 Bn |
| Oct 31, 2024 | 9.71 Bn |
| Jul 31, 2024 | 10.20 Bn |
| Apr 30, 2024 | 9.93 Bn |
| Jan 31, 2024 | 9.58 Bn |
| Oct 31, 2023 | 9.06 Bn |
| Jul 31, 2023 | 9.20 Bn |
| Apr 30, 2023 | 9.11 Bn |
| Jan 31, 2023 | 9.10 Bn |
| Oct 31, 2022 | 8.73 Bn |
| Jul 31, 2022 | 9.41 Bn |
| Apr 30, 2022 | 8.98 Bn |
| Jan 31, 2022 | 8.58 Bn |
| Oct 31, 2021 | 7.92 Bn |
Toll Brothers Inventory 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=inventory&ticker=TOL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "inventory", "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=inventory&ticker=TOL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();