Toll Brothers (TOL) Operating Expenses (2009 - 2026)
Toll Brothers (TOL) posted Operating Expenses of $258.3 million for Q2 2026, little changed sequentially from $257.9 million in Q1 2026, and up 0.97% YoY from $255.8 million in Q2 2025.
Toll Brothers (TOL) Operating Expenses (2009 - 2026) Analysis & Trends
Toll Brothers has reported Operating Expenses for 18 years, with the latest figure at $258.3 million in Q2 2026.
- Quarterly Operating Expenses rose 0.97% year-over-year to $258.3 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $1.1 billion (up 4.25% YoY) and the FY2025 annual result came in at $1.0 billion, up 5.23% from the prior year.
- Operating Expenses held at $258.3 million in Q2 2026 per TOL's latest filing, from $257.9 million in the prior quarter.
- Over five years, Operating Expenses peaked at $283.8 million in Q4 2025 and troughed at $211.5 million in Q1 2023.
- A 5-year average of $245.5 million and a median of $242.5 million in 2022 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2023 and 2024: Operating Expenses declined 12.02% in 2023, then climbed 11.73% in 2024.
- Over 5 years, Operating Expenses stood at $274.4 million in 2022, then decreased by 12.02% to $241.4 million in 2023, then climbed by 11.73% to $269.7 million in 2024, then grew by 5.21% to $283.8 million in 2025, then declined by 8.99% to $258.3 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $258.3 million, $257.9 million, and $283.8 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 41.75 Bn | 39.61 Bn | 2.15 Bn | 991.20 Mn |
| 2 | Pultegroup | 24.22 Bn | 22.84 Bn | 1.06 Bn | 382.97 Mn |
| 3 | Lennar | 20.63 Bn | 18.45 Bn | 7.69 Bn | 7.54 Bn |
| 4 | Nvr | 17.05 Bn | 15.96 Bn | 485.14 Mn | 150.72 Mn |
| 5 | Toll Brothers | 13.82 Bn | 12.72 Bn | 604.89 Mn | 258.25 Mn |
| 6 | Taylor Morrison Home | 6.77 Bn | 6.12 Bn | 290.64 Mn | 148.85 Mn |
| 7 | Installed Building Products | 6.51 Bn | 6.12 Bn | 258.90 Mn | 164.30 Mn |
| 8 | Champion Homes | 5.01 Bn | 4.37 Bn | - | - |
| 9 | Meritage Homes | 4.69 Bn | 3.88 Bn | 254.14 Mn | 144.19 Mn |
| 10 | Cavco Industries | 4.53 Bn | 4.28 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 258.25 Mn |
| Jan 31, 2026 | 257.94 Mn |
| Oct 31, 2025 | 283.78 Mn |
| Jul 31, 2025 | 253.67 Mn |
| Apr 30, 2025 | 255.76 Mn |
| Jan 31, 2025 | 240.41 Mn |
| Oct 31, 2024 | 269.73 Mn |
| Jul 31, 2024 | 244.81 Mn |
| Apr 30, 2024 | 237.70 Mn |
| Jan 31, 2024 | 230.05 Mn |
| Oct 31, 2023 | 241.41 Mn |
| Jul 31, 2023 | 229.00 Mn |
| Apr 30, 2023 | 227.54 Mn |
| Jan 31, 2023 | 211.50 Mn |
| Oct 31, 2022 | 274.38 Mn |
| Jul 31, 2022 | 232.87 Mn |
| Apr 30, 2022 | 243.64 Mn |
| Jan 31, 2022 | 226.87 Mn |
| Oct 31, 2021 | 258.20 Mn |
| Jul 31, 2021 | 233.92 Mn |