Toll Brothers, Inc. (TOL) — Financial statements
Income statement, balance sheet, and cash flow for Toll Brothers, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 10,967↑1.1% | 10,847↑8.5% | 9,995↓2.7% | 10,276↑16.9% | 8,790 | |
| Cost of Revenue | 8,120↑3.8% | 7,824↑6.3% | 7,361↓5.5% | 7,789↑13.8% | 6,847 | |
| Gross Profit | 2,847↓5.8% | 3,022↑14.7% | 2,634↑5.9% | 2,486↑28.0% | 1,943 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00↓100.0% | 920↑7.0% | 860↓8.1% | 935↑5.9% | 883 | |
| Selling & Marketing Expenses | 0.00↓100.0% | 63↑27.2% | 50↑16.7% | 43↑8.7% | 39 | |
| SG&A Expenses | 1,034↑5.2% | 982↑8.0% | 909↓7.0% | 978↑6.0% | 922 | |
| Other Expenses | 93 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 1,126↑14.7% | 982↑8.0% | 909↓7.0% | 978↑6.0% | 922 | |
| Total Costs & Expenses | 9,246↑5.0% | 8,807↑6.5% | 8,270↓5.7% | 8,767↑12.8% | 7,769 | |
| Operating Results | ||||||
| Operating Income | 1,721↓15.7% | 2,040↑18.3% | 1,725↑14.3% | 1,509↑47.8% | 1,021 | |
| Depreciation & Amortization | 82↑1.1% | 81↑6.2% | 76↓0.4% | 77↑0.7% | 76 | |
| EBITDA | 1,866↓12.0% | 2,121↑17.8% | 1,801↑13.6% | 1,585↑44.5% | 1,097 | |
| EBIT | 1,784↓12.6% | 2,040↑18.3% | 1,725↑14.3% | 1,509↑47.8% | 1,021 | |
| Interest & Other Income | ||||||
| Net Interest Income | 72↑86.8% | 38↑9.6% | 35↑468.5% | 6↑43.1% | 4 | |
| Interest Income | 72↑86.8% | 38↑9.6% | 35↑468.5% | 6↑43.1% | 4 | |
| Interest Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Non-Operating Income | -63 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | 71↑55.7% | 45↓61.4% | 118↓39.7% | 195↑145.6% | 79 | |
| Income Before Tax | 1,791↓14.1% | 2,086↑13.2% | 1,842↑8.1% | 1,704↑54.8% | 1,100 | |
| Income Tax Expense | 445↓13.5% | 514↑9.4% | 470↑12.7% | 417↑56.4% | 267 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 1,346↓14.3% | 1,571↑14.5% | 1,372↑6.7% | 1,287↑54.3% | 834 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 1,346↓14.3% | 1,571↑14.5% | 1,372↑6.7% | 1,287↑54.3% | 834 | |
| Bottom-Line Net Income | 1,346↓14.3% | 1,571↑14.5% | 1,372↑6.7% | 1,287↑54.3% | 834 | |
| EPS (Basic) | 13.60↓10.3% | 15.16↑21.6% | 12.47↑13.2% | 11.02↑64.0% | 6.72 | |
| EPS (Diluted) | 13.49↓10.1% | 15.01↑21.4% | 12.36↑13.4% | 10.90↑64.4% | 6.63 | |
| Weighted Average Shares | 99↓4.5% | 104↓5.8% | 110↓5.8% | 117↓5.9% | 124 | |
| Weighted Average Diluted Shares | 100↓4.7% | 105↓5.7% | 111↓5.9% | 118↓6.2% | 126 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.