Toll Brothers (TOL) Shares Outstanding (2009 - 2026)
Toll Brothers' Shares Outstanding was 93.9 million in fiscal Q3 2026 (quarter ended Jul 31, 2026), down 4.6% from 98.43 million a year earlier and down 1.3% from the prior quarter.
Toll Brothers (TOL) Shares Outstanding (2009 - 2026) Analysis & Trends
For FY2025 (ended Oct 31, 2025), Shares Outstanding at Toll Brothers came in at 98.98 million, down 4.5% from FY2024.
- Shares Outstanding has now declined for 11 consecutive fiscal years, with a five-year compound annual growth rate of -5.3% (FY2020 to FY2025).
- In earlier fiscal years, Shares Outstanding was 103.65 million in FY2024 (-5.8%), 110.02 million in FY2023 (-5.8%), 116.77 million in FY2022 (-5.9%) and 124.1 million in FY2021 (-4.6%).
- The fiscal Q3 2026 figure marks the lowest quarterly Shares Outstanding in data going back to fiscal Q3 2009.
- Compared with a year earlier, Shares Outstanding has declined for 47 straight quarters, with an average decline of 4.7% over the last eight quarters.
- Over the past five years, the year-over-year decline in Shares Outstanding ranged from 4.0% (fiscal Q1 2022) to 7.9% (fiscal Q1 2023).
- Per Business Quant data, TOL's Shares Outstanding in the three fiscal quarters before Q3 2026 was 95.14 million (Q2 2026), 95.7 million (Q1 2026) and 98.98 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 40.61 Bn | 30.91 Bn | 2.15 Bn | 282.20 Mn |
| 2 | Pultegroup | 22.18 Bn | 15.47 Bn | 1.06 Bn | 189.39 Mn |
| 3 | Lennar | 19.31 Bn | 9.68 Bn | 618.54 Mn | 237.76 Mn |
| 4 | Nvr | 15.99 Bn | 9.27 Bn | 485.14 Mn | 2.70 Mn |
| 5 | Toll Brothers | 12.99 Bn | 8.36 Bn | 625.22 Mn | 93.90 Mn |
| 6 | Champion Homes | 4.37 Bn | 1.85 Bn | - | 55.92 Mn |
| 7 | Cavco Industries | 4.17 Bn | 2.92 Bn | - | 7.80 Mn |
| 8 | Meritage Homes | 4.05 Bn | 974.49 Mn | 513.60 Mn | 65.79 Mn |
| 9 | M | 3.04 Bn | 113.79 Mn | 235.50 Mn | 25.67 Mn |
| 10 | Kb Home | 2.75 Bn | 1.96 Bn | -857.09 Mn | 60.83 Mn |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 93.90 Mn |
| Apr 30, 2026 | 95.14 Mn |
| Jan 31, 2026 | 95.70 Mn |
| Oct 31, 2025 | 98.98 Mn |
| Jul 31, 2025 | 98.43 Mn |
| Apr 30, 2025 | 99.89 Mn |
| Jan 31, 2025 | 100.83 Mn |
| Oct 31, 2024 | 103.65 Mn |
| Jul 31, 2024 | 102.98 Mn |
| Apr 30, 2024 | 104.79 Mn |
| Jan 31, 2024 | 105.12 Mn |
| Oct 31, 2023 | 110.02 Mn |
| Jul 31, 2023 | 110.00 Mn |
| Apr 30, 2023 | 111.21 Mn |
| Jan 31, 2023 | 111.40 Mn |
| Oct 31, 2022 | 116.77 Mn |
| Jul 31, 2022 | 115.33 Mn |
| Apr 30, 2022 | 117.84 Mn |
| Jan 31, 2022 | 121.00 Mn |
| Oct 31, 2021 | 124.10 Mn |
Toll Brothers Shares Outstanding 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=shares-outstanding&ticker=TOL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "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=shares-outstanding&ticker=TOL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();