Toll Brothers (TOL) Operating Income (2009 - 2026)
Toll Brothers' Operating Income came in at $359.15 million for fiscal Q3 2026 (quarter ended Jul 31, 2026), down 26.4% from $487.72 million a year earlier but up 3.6% from the prior quarter.
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Analysis
Toll Brothers (TOL) Operating Income (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jul 31, 2026, Toll Brothers reported Operating Income of $1.49 billion, down 15.8% year-over-year; for FY2025 (ended Oct 31, 2025), it was $1.72 billion, down 15.7% from FY2024.
- Operating Income carries a five-year compound annual growth rate of 25.6% (FY2020 to FY2025).
- Going back by fiscal year, Operating Income was $2.04 billion in FY2024 (+18.3%), $1.72 billion in FY2023 (+14.3%), $1.51 billion in FY2022 (+47.8%) and $1.02 billion in FY2021 (+85.5%).
- The five-year range for quarterly Operating Income is $175.07 million (fiscal Q1 2022) to $690.23 million (fiscal Q4 2022).
- Year-over-year, Operating Income increased in 1 of the last eight quarters, with an average decline of 13.3%.
- The fastest year-over-year change in Operating Income over five years came in fiscal Q4 2021 (growth of 69.1%), and the weakest in fiscal Q1 2025 (a decline of 28.9%).
- Business Quant data shows TOL's Operating Income at $346.64 million (Q2 2026), $219.06 million (Q1 2026) and $564.09 million (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 38.97 Bn | 29.27 Bn | 2.15 Bn | 1.16 Bn |
| 2 | Pultegroup | 21.35 Bn | 14.64 Bn | 1.06 Bn | 675.23 Mn |
| 3 | Lennar | 18.64 Bn | 9.01 Bn | 618.54 Mn | -6.97 Bn |
| 4 | Nvr | 16.04 Bn | 9.33 Bn | 485.14 Mn | 334.42 Mn |
| 5 | Toll Brothers | 12.54 Bn | 7.92 Bn | 625.22 Mn | 359.15 Mn |
| 6 | Champion Homes | 4.24 Bn | 1.72 Bn | - | - |
| 7 | Cavco Industries | 4.07 Bn | 2.82 Bn | - | - |
| 8 | Meritage Homes | 3.91 Bn | 831.73 Mn | 513.60 Mn | 461.22 Mn |
| 9 | M | 3.18 Bn | 251.37 Mn | 235.50 Mn | -723.20 Mn |
| 10 | Green Brick Partners | 2.66 Bn | 2.09 Bn | 157.52 Mn | 103.12 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 359.15 Mn |
| Apr 30, 2026 | 346.64 Mn |
| Jan 31, 2026 | 219.06 Mn |
| Oct 31, 2025 | 564.09 Mn |
| Jul 31, 2025 | 487.72 Mn |
| Apr 30, 2025 | 449.68 Mn |
| Jan 31, 2025 | 219.13 Mn |
| Oct 31, 2024 | 611.06 Mn |
| Jul 31, 2024 | 497.19 Mn |
| Apr 30, 2024 | 623.53 Mn |
| Jan 31, 2024 | 308.42 Mn |
| Oct 31, 2023 | 558.62 Mn |
| Jul 31, 2023 | 515.11 Mn |
| Apr 30, 2023 | 425.71 Mn |
| Jan 31, 2023 | 225.31 Mn |
| Oct 31, 2022 | 690.23 Mn |
| Jul 31, 2022 | 361.67 Mn |
| Apr 30, 2022 | 281.66 Mn |
| Jan 31, 2022 | 175.07 Mn |
| Oct 31, 2021 | 440.66 Mn |
API Access
Toll Brothers Operating Income 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=operating-income&ticker=TOL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "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=operating-income&ticker=TOL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();