Toll Brothers (TOL) Return on Invested Capital [ROIC] (2010 - 2026)
Toll Brothers' Return on Invested Capital [ROIC] was 10.68% in fiscal Q3 2026 (quarter ended Jul 31, 2026), down 2.95 percentage points from 13.63% a year earlier and down 0.98 percentage points from the prior quarter.
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Analysis
Toll Brothers (TOL) Return on Invested Capital [ROIC] (2010 - 2026) Analysis & Trends
For FY2025 (ended Oct 31, 2025), Return on Invested Capital [ROIC] at Toll Brothers came in at 13.21%, down 4.03 percentage points from FY2024.
- Return on Invested Capital [ROIC] shows a five-year change of +7.88 percentage points (FY2020 to FY2025).
- In earlier fiscal years, Return on Invested Capital [ROIC] was 17.25% in FY2024 (+1.97 pp), 15.27% in FY2023 (+1.42 pp), 13.85% in FY2022 (+4.01 pp) and 9.84% in FY2021 (+4.50 pp).
- The fiscal Q3 2026 figure marks the lowest quarterly Return on Invested Capital [ROIC] since fiscal Q1 2022.
- Compared with a year earlier, Return on Invested Capital [ROIC] has declined for six straight quarters, with an average year-over-year change of -2.00 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Invested Capital [ROIC] over five years was fiscal Q2 2022 (a gain of 4.45 percentage points); the worst was fiscal Q4 2025 (a drop of 3.83 percentage points).
- Per Business Quant data, TOL's Return on Invested Capital [ROIC] in the three fiscal quarters before Q3 2026 was 11.66% (Q2 2026), 12.45% (Q1 2026) and 12.83% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 37.89 Bn | 28.78 Bn | 2.15 Bn | - |
| 2 | Pultegroup | 21.69 Bn | 14.98 Bn | 1.06 Bn | - |
| 3 | Lennar | 16.59 Bn | 6.36 Bn | 618.54 Mn | - |
| 4 | Nvr | 15.98 Bn | 9.26 Bn | 485.14 Mn | 26.53% |
| 5 | Toll Brothers | 12.59 Bn | 7.97 Bn | 625.22 Mn | 10.68% |
| 6 | Taylor Morrison Home | 6.77 Bn | 4.76 Bn | 290.64 Mn | 14.03% |
| 7 | Champion Homes | 4.87 Bn | 2.35 Bn | - | - |
| 8 | Cavco Industries | 4.53 Bn | 3.28 Bn | - | - |
| 9 | Meritage Homes | 4.16 Bn | 1.08 Bn | 513.60 Mn | 19.24% |
| 10 | M | 3.41 Bn | 480.42 Mn | 235.50 Mn | -91.38% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 10.68% |
| Apr 30, 2026 | 11.66% |
| Jan 31, 2026 | 12.45% |
| Oct 31, 2025 | 12.83% |
| Jul 31, 2025 | 13.63% |
| Apr 30, 2025 | 14.06% |
| Jan 31, 2025 | 15.67% |
| Oct 31, 2024 | 16.66% |
| Jul 31, 2024 | 16.26% |
| Apr 30, 2024 | 16.73% |
| Jan 31, 2024 | 15.59% |
| Oct 31, 2023 | 15.01% |
| Jul 31, 2023 | 16.46% |
| Apr 30, 2023 | 15.23% |
| Jan 31, 2023 | 13.90% |
| Oct 31, 2022 | 14.04% |
| Jul 31, 2022 | 12.30% |
| Apr 30, 2022 | 11.67% |
| Jan 31, 2022 | 10.53% |
| Oct 31, 2021 | 9.90% |
API Access
Toll Brothers Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=TOL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=TOL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();