Toll Brothers (TOL) Shares Outstanding (Diluted) (2009 - 2026)
Toll Brothers' Shares Outstanding (Diluted) was 94.45 million in fiscal Q3 2026 (quarter ended Jul 31, 2026), down 4.8% from 99.17 million a year earlier and down 1.4% from the prior quarter.
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Analysis
Toll Brothers (TOL) Shares Outstanding (Diluted) (2009 - 2026) Analysis & Trends
For FY2025 (ended Oct 31, 2025), Shares Outstanding (Diluted) at Toll Brothers came in at 99.78 million, down 4.7% from FY2024.
- Shares Outstanding (Diluted) 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 (Diluted) was 104.69 million in FY2024 (-5.7%), 111.01 million in FY2023 (-5.9%), 117.98 million in FY2022 (-6.2%) and 125.81 million in FY2021 (-4.1%).
- The fiscal Q3 2026 figure marks the lowest quarterly Shares Outstanding (Diluted) in data going back to fiscal Q3 2009.
- Compared with a year earlier, Shares Outstanding (Diluted) has declined for 47 straight quarters, with an average decline of 4.9% over the last eight quarters.
- Across the past five years, year-over-year decline in Shares Outstanding (Diluted) ran from 3.7% in fiscal Q1 2022 to 8.6% in fiscal Q1 2023.
- Per Business Quant data, TOL's Shares Outstanding (Diluted) in the three fiscal quarters before Q3 2026 was 95.76 million (Q2 2026), 96.5 million (Q1 2026) and 99.78 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 41.61 Bn | 31.91 Bn | 2.15 Bn | 283.00 Mn |
| 2 | Pultegroup | 22.54 Bn | 15.84 Bn | 1.06 Bn | 190.58 Mn |
| 3 | Lennar | 20.07 Bn | 10.44 Bn | 618.54 Mn | 237.76 Mn |
| 4 | Nvr | 16.40 Bn | 9.68 Bn | 485.14 Mn | 2.82 Mn |
| 5 | Toll Brothers | 13.20 Bn | 8.57 Bn | 625.22 Mn | 94.45 Mn |
| 6 | Champion Homes | 4.44 Bn | 1.92 Bn | - | 56.28 Mn |
| 7 | Cavco Industries | 4.24 Bn | 2.99 Bn | - | 7.89 Mn |
| 8 | Meritage Homes | 4.18 Bn | 1.10 Bn | 513.60 Mn | 66.13 Mn |
| 9 | M | 3.16 Bn | 235.45 Mn | 235.50 Mn | 26.19 Mn |
| 10 | Kb Home | 2.81 Bn | 2.02 Bn | -857.09 Mn | 61.76 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 94.45 Mn |
| Apr 30, 2026 | 95.76 Mn |
| Jan 31, 2026 | 96.50 Mn |
| Oct 31, 2025 | 99.78 Mn |
| Jul 31, 2025 | 99.17 Mn |
| Apr 30, 2025 | 100.59 Mn |
| Jan 31, 2025 | 101.83 Mn |
| Oct 31, 2024 | 104.69 Mn |
| Jul 31, 2024 | 104.01 Mn |
| Apr 30, 2024 | 105.80 Mn |
| Jan 31, 2024 | 106.27 Mn |
| Oct 31, 2023 | 111.01 Mn |
| Jul 31, 2023 | 111.12 Mn |
| Apr 30, 2023 | 112.18 Mn |
| Jan 31, 2023 | 112.34 Mn |
| Oct 31, 2022 | 117.98 Mn |
| Jul 31, 2022 | 116.33 Mn |
| Apr 30, 2022 | 118.93 Mn |
| Jan 31, 2022 | 122.86 Mn |
| Oct 31, 2021 | 125.81 Mn |
API Access
Toll Brothers Shares Outstanding (Diluted) 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-diluted&ticker=TOL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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-diluted&ticker=TOL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();