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

Toll Brothers' (TOL) quarterly Operating Expenses came in at $258.3 million in Q2 2026, up 0.97% year-on-year from $255.8 million in Q2 2025, and little changed quarter-over-quarter from $257.9 million in Q1 2026.

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

Toll Brothers has disclosed Operating Expenses across 18 years of filings, most recently posting $258.3 million for Q2 2026.

  • Operating Expenses for Q2 2026 came in at $258.3 million, up 0.97% year-over-year; the trailing twelve-month figure through Apr 2026 was $1.1 billion (up 4.25% YoY), and the FY2025 annual result was $1.0 billion, up 5.23% from the prior year.
  • Operating Expenses came in at $258.3 million for Q2 2026 at Toll Brothers, roughly flat from $257.9 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.
  • The 5-year median for Operating Expenses is $242.5 million (2022), against an average of $245.5 million.
  • Across the five-year window, Operating Expenses slipped 12.02% in 2023 and gained 11.73% in 2024, its largest moves.
  • Toll Brothers' 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 8.99% to $258.3 million in 2026.
  • The last three Operating Expenses figures came in at $258.3 million (Q2 2026), $257.9 million (Q1 2026), and $283.8 million (Q4 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Horton D R 43.54 Bn 42.20 Bn 1.70 Bn 903.30 Mn
2 Pultegroup 23.57 Bn 21.76 Bn 881.27 Mn 380.33 Mn
3 Lennar 22.65 Bn 20.45 Bn 6.36 Bn 6.40 Bn
4 Nvr 17.80 Bn 16.15 Bn 1.31 Bn 156.97 Mn
5 Toll Brothers 13.73 Bn 12.64 Bn 604.89 Mn 258.25 Mn
6 Taylor Morrison Home 6.88 Bn 6.88 Bn 290.64 Mn 58.97 Mn
7 Installed Building Products 5.53 Bn 5.05 Bn 212.30 Mn 154.70 Mn
8 Meritage Homes 4.85 Bn 4.09 Bn -269,000.00 51.40 Mn
9 Cavco Industries 4.56 Bn 4.52 Bn 135.92 Mn 81.36 Mn
10 Champion Homes 4.39 Bn 3.74 Bn 172.19 Mn 109.73 Mn

Historic Data

Download Data
DateValue
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