Toll Brothers (TOL) Invested Capital (2009 - 2026)
Toll Brothers (TOL) recorded Invested Capital of $10.28 billion in fiscal Q3 2026 (quarter ended Jul 31, 2026), up 4.4% from $9.85 billion a year earlier and up 0.5% from the prior quarter.
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Analysis
Toll Brothers (TOL) Invested Capital (2009 - 2026) Analysis & Trends
For FY2025 (ended Oct 31, 2025), Toll Brothers reported Invested Capital of $10.03 billion, up 8.0% from FY2024.
- Annual Invested Capital has increased for five straight fiscal years, with a five-year compound annual growth rate of 5.7% (FY2020 to FY2025).
- Across earlier fiscal years, Invested Capital came in at $9.28 billion in FY2024 (+10.4%), $8.41 billion in FY2023 (+4.9%), $8.02 billion in FY2022 (+3.5%) and $7.74 billion in FY2021 (+2.0%).
- The fiscal Q3 2026 figure is the highest quarterly Invested Capital in data going back to fiscal Q4 2009.
- On a year-over-year basis, Invested Capital has increased for 18 consecutive quarters, with growth averaging 7.9% over the last eight quarters.
- Peak year-over-year performance for Invested Capital in the last five years was growth of 12.6% in fiscal Q1 2023, against a decline of 2.5% in fiscal Q1 2022 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $10.23 billion (Q2 2026), $10.16 billion (Q1 2026) and $10.03 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 41.61 Bn | 31.91 Bn | 2.15 Bn | 31.52 Bn |
| 2 | Pultegroup | 22.54 Bn | 15.84 Bn | 1.06 Bn | 14.83 Bn |
| 3 | Lennar | 20.07 Bn | 10.44 Bn | 618.54 Mn | 25.99 Bn |
| 4 | Nvr | 16.40 Bn | 9.68 Bn | 485.14 Mn | 4.30 Bn |
| 5 | Toll Brothers | 13.20 Bn | 8.57 Bn | 625.22 Mn | 11.31 Bn |
| 6 | Champion Homes | 4.44 Bn | 1.92 Bn | - | 1.59 Bn |
| 7 | Cavco Industries | 4.24 Bn | 2.99 Bn | - | - |
| 8 | Meritage Homes | 4.18 Bn | 1.10 Bn | 513.60 Mn | 6.91 Bn |
| 9 | M | 3.16 Bn | 235.45 Mn | 235.50 Mn | 3.48 Bn |
| 10 | Kb Home | 2.81 Bn | 2.02 Bn | -857.09 Mn | 5.91 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 11.31 Bn |
| Apr 30, 2026 | 11.27 Bn |
| Jan 31, 2026 | 11.14 Bn |
| Oct 31, 2025 | 11.07 Bn |
| Jul 31, 2025 | 11.05 Bn |
| Apr 30, 2025 | 10.76 Bn |
| Jan 31, 2025 | 10.56 Bn |
| Oct 31, 2024 | 10.52 Bn |
| Jul 31, 2024 | 10.25 Bn |
| Apr 30, 2024 | 10.16 Bn |
| Jan 31, 2024 | 9.76 Bn |
| Oct 31, 2023 | 9.67 Bn |
| Jul 31, 2023 | 9.54 Bn |
| Apr 30, 2023 | 9.27 Bn |
| Jan 31, 2023 | 9.43 Bn |
| Oct 31, 2022 | 9.35 Bn |
| Jul 31, 2022 | 8.85 Bn |
| Apr 30, 2022 | 8.68 Bn |
| Jan 31, 2022 | 8.54 Bn |
| Oct 31, 2021 | 8.90 Bn |
API Access
Toll Brothers Invested Capital 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=invested-capital&ticker=TOL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=TOL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();