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

Toll Brothers has disclosed Operating Margin across 18 years of filings, most recently posting 13.51% for Q3 2026.

• In Q3 2026, Operating Margin fell 305.0% year-over-year to 13.51%; the TTM figure through Jul 2026 stood at 13.85% (down 251.0% YoY), while the FY2025 annual figure was 15.69%, down 312.0% from the prior year.
• Operating Margin came in at 13.51% for Q3 2026 at Toll Brothers, down from 13.69% in the prior quarter.
• In the past five years, Operating Margin ranged from a high of 21.97% in Q2 2024 to a low of 9.77% in Q1 2022.
• Average Operating Margin over 5 years is 15.64%, with a median of 16.42% recorded in 2025.
• Year-over-year, Operating Margin surged 499 bps in 2024 and plunged 556 bps in 2025.
• Over 5 years, Operating Margin stood at 19.27% in 2022, then decreased by 2 bps to 18.92% in 2023, then retreated by 1 bps to 18.74% in 2024, then slipped by 12 bps to 16.52% in 2025, then retreated by 18 bps to 13.51% in 2026.
• Per Business Quant data, the three most recent Operating Margin figures were 13.51% in Q3 2026, 13.69% in Q2 2026, and 10.21% in Q1 2026.