Toll Brothers (TOL) Net Margin (2009 - 2026)
Toll Brothers' (TOL) quarterly Net Margin came in at 10.54% in Q3 2026, down 201.0% year-over-year from 10.43% in Q3 2025, and up 2.36% quarter-over-quarter from 10.29% in Q2 2026.
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Toll Brothers (TOL) Net Margin (2009 - 2026) Analysis & Trends
Toll Brothers has disclosed Net Margin across 18 years of filings, most recently posting 10.54% for Q3 2026.
- In Q3 2026, Net Margin fell 201.0% year-over-year to 10.54%; the TTM figure through Jul 2026 stood at 11.15% (down 158.0% YoY), while the FY2025 annual figure was 12.28%, down 221.0% from the prior year.
- Net Margin came in at 10.54% for Q3 2026 at Toll Brothers, up from 10.29% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 17.89% in Q4 2022 to a low of 8.48% in Q1 2022.
- Average Net Margin over 5 years is 12.49%, with a median of 12.55% recorded in 2025.
- Year-over-year, Net Margin surged 520 bps in 2022 and slumped 411 bps in 2025.
- Over 5 years, Net Margin stood at 17.89% in 2022, then retreated by 16 bps to 15.09% in 2023, then retreated by 3 bps to 14.58% in 2024, then decreased by 10 bps to 13.08% in 2025, then slipped by 19 bps to 10.54% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 10.54% in Q3 2026, 10.29% in Q2 2026, and 9.83% in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 39.14 Bn | 37.01 Bn | 2.15 Bn | 9.96% |
| 2 | Pultegroup | 22.45 Bn | 21.07 Bn | 1.06 Bn | 11.85% |
| 3 | Lennar | 19.43 Bn | 17.25 Bn | 7.69 Bn | 5.20% |
| 4 | Nvr | 16.68 Bn | 15.59 Bn | 485.14 Mn | 10.16% |
| 5 | Toll Brothers | 12.67 Bn | 11.61 Bn | 625.22 Mn | 10.54% |
| 6 | Taylor Morrison Home | 6.77 Bn | 6.12 Bn | 290.64 Mn | 7.24% |
| 7 | Meritage Homes | 4.20 Bn | 3.39 Bn | 254.14 Mn | 6.47% |
| 8 | M | 3.64 Bn | 2.91 Bn | 235.50 Mn | 7.44% |
| 9 | Kb Home | 3.06 Bn | 3.00 Bn | 174.03 Mn | 2.46% |
| 10 | Green Brick Partners | 2.95 Bn | 2.82 Bn | 157.52 Mn | 15.95% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 10.54% |
| Apr 30, 2026 | 10.29% |
| Jan 31, 2026 | 9.83% |
| Oct 31, 2025 | 13.08% |
| Jul 31, 2025 | 12.55% |
| Apr 30, 2025 | 12.87% |
| Jan 31, 2025 | 9.56% |
| Oct 31, 2024 | 14.58% |
| Jul 31, 2024 | 13.73% |
| Apr 30, 2024 | 16.97% |
| Jan 31, 2024 | 12.30% |
| Oct 31, 2023 | 15.09% |
| Jul 31, 2023 | 15.43% |
| Apr 30, 2023 | 12.77% |
| Jan 31, 2023 | 10.76% |
| Oct 31, 2022 | 17.89% |
| Jul 31, 2022 | 10.96% |
| Apr 30, 2022 | 9.69% |
| Jan 31, 2022 | 8.48% |
| Oct 31, 2021 | 12.69% |