Toll Brothers (TOL) Operating Margin (2009 - 2026)
Toll Brothers (TOL) reported Operating Margin of 13.69% for Q2 2026, down 272.0% on a YoY basis from 7.96% in Q2 2025, and up 34.14% sequentially from 10.21% in Q1 2026.
Toll Brothers (TOL) Operating Margin (2009 - 2026) Analysis & Trends
Toll Brothers (TOL) has 18 years of Operating Margin data on file, last reported at 13.69% in Q2 2026.
- For the quarter ending Q2 2026, Operating Margin fell 272.0% year-over-year to 13.69%; the trailing twelve-month figure through Apr 2026 stood at 19.83% (up 304.0% YoY), and the FY2025 full-year result was 15.69%, down 312.0% from the prior year.
- Operating Margin climbed to 13.69% in Q2 2026, from 10.21% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 3950.24% in Q3 2023 to a low of 10.21% in Q1 2026.
- A 5-year average of 504.13% and a median of 85.21% in 2022 frame the typical range for Operating Margin.
- Across the five-year window, Operating Margin jumped 379857 bps in 2023 and sank 393199 bps in 2024, its largest moves.
- Tracing TOL's Operating Margin over 5 years: stood at 526.16% in 2022, then soared by 56 bps to 818.57% in 2023, then sank by 98 bps to 18.74% in 2024, then decreased by 12 bps to 16.52% in 2025, then slipped by 17 bps to 13.69% in 2026.
- Business Quant data shows TOL's Operating Margin at 13.69% in Q2 2026, 10.21% in Q1 2026, and 16.52% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 40.90 Bn | 39.56 Bn | 2.15 Bn | 12.52% |
| 2 | Pultegroup | 23.36 Bn | 22.03 Bn | 3.92 Bn | 88.86% |
| 3 | Lennar | 19.77 Bn | 19.63 Bn | 7.69 Bn | 1.84% |
| 4 | Nvr | 17.18 Bn | 15.54 Bn | 1.31 Bn | 61.14% |
| 5 | Toll Brothers | 15.08 Bn | 13.99 Bn | 604.89 Mn | 13.69% |
| 6 | Taylor Morrison Home | 6.96 Bn | 6.31 Bn | 290.64 Mn | 10.22% |
| 7 | Installed Building Products | 5.97 Bn | 5.50 Bn | 212.30 Mn | 8.72% |
| 8 | Meritage Homes | 4.78 Bn | 4.01 Bn | 68.61 Mn | -5.62% |
| 9 | Champion Homes | 4.47 Bn | 3.81 Bn | 172.19 Mn | 9.51% |
| 10 | M | 4.43 Bn | 3.66 Bn | 202.59 Mn | -68.31% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 13.69% |
| Jan 31, 2026 | 10.21% |
| Oct 31, 2025 | 16.52% |
| Jul 31, 2025 | 760.37% |
| Apr 30, 2025 | 16.42% |
| Jan 31, 2025 | 11.79% |
| Oct 31, 2024 | 18.74% |
| Jul 31, 2024 | 18.25% |
| Apr 30, 2024 | 327.37% |
| Jan 31, 2024 | 1,926.15% |
| Oct 31, 2023 | 818.57% |
| Jul 31, 2023 | 3,950.24% |
| Apr 30, 2023 | 17.10% |
| Jan 31, 2023 | 12.88% |
| Oct 31, 2022 | 526.16% |
| Jul 31, 2022 | 151.67% |
| Apr 30, 2022 | 309.47% |
| Jan 31, 2022 | 168.77% |
| Oct 31, 2021 | 484.44% |
| Jul 31, 2021 | 1,310.54% |