Toll Brothers TOL
NYSE TOL
$134.98 -1.42 (-1.04%)
As of: Sep 9, 2026 · 3:59 PM EDT

Toll Brothers (TOL) Operating Expenses (2009 - 2026)

Toll Brothers' (TOL) quarterly Operating Expenses came in at $266.1 million in Q3 2026, up 4.89% year-over-year from $253.7 million in Q3 2025, and up 3.03% quarter-over-quarter from $258.3 million in Q2 2026.

Analysis

Toll Brothers (TOL) Operating Expenses (2009 - 2026) Analysis & Trends

Toll Brothers has disclosed Operating Expenses across 18 years of filings, most recently posting $266.1 million for Q3 2026.

  • In Q3 2026, Operating Expenses rose 4.89% year-over-year to $266.1 million; the TTM figure through Jul 2026 stood at $1.1 billion (up 4.56% YoY), while the FY2025 annual figure was $1.0 billion, up 5.23% from the prior year.
  • Operating Expenses came in at $266.1 million for Q3 2026 at Toll Brothers, up from $258.3 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $283.8 million in Q4 2025 to a low of $211.5 million in Q1 2023.
  • Average Operating Expenses over 5 years is $246.6 million, with a median of $243.6 million recorded in 2022.
  • Year-over-year, Operating Expenses dropped 12.02% in 2023 and advanced 11.73% in 2024.
  • Over 5 years, Operating Expenses stood at $274.4 million in 2022, then fell by 12.02% to $241.4 million in 2023, then gained by 11.73% to $269.7 million in 2024, then advanced by 5.21% to $283.8 million in 2025, then slipped by 6.24% to $266.1 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $266.1 million in Q3 2026, $258.3 million in Q2 2026, and $257.9 million in Q1 2026.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Horton D R 39.14 Bn 37.01 Bn 2.15 Bn 991.20 Mn
2 Pultegroup 22.45 Bn 21.07 Bn 1.06 Bn 382.97 Mn
3 Lennar 19.43 Bn 17.25 Bn 7.69 Bn 7.54 Bn
4 Nvr 16.68 Bn 15.59 Bn 485.14 Mn 150.72 Mn
5 Toll Brothers 12.67 Bn 11.61 Bn 625.22 Mn 266.07 Mn
6 Taylor Morrison Home 6.77 Bn 6.12 Bn 290.64 Mn 148.85 Mn
7 Meritage Homes 4.20 Bn 3.39 Bn 254.14 Mn 144.19 Mn
8 M 3.64 Bn 2.91 Bn 235.50 Mn 958.69 Mn
9 Kb Home 3.06 Bn 3.00 Bn 174.03 Mn 140.55 Mn
10 Green Brick Partners 2.95 Bn 2.82 Bn 157.52 Mn 54.40 Mn
Historic Data

Historic Data

Download Data
DateValue
Jul 31, 2026 266.07 Mn
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