Toll Brothers faces a fundamental challenge as its core luxury pricing power thesis is undermined by accelerating gross margin compression, which has fallen from 27.2% in 2024Q3 to 23.5% in 2026Q3, creating negative operating leverage. While the company mainta...
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Revenue growth has decelerated into a 9.7% YoY decline in Q3 2026, while gross margin has compressed 380 basis points over two years to 23.5%, amplifying operating income pressure through negative operating leverage.
Toll Brothers has emerged as a resilient outlier in the housing market, maintaining margins despite interest rate volatility and inventory shortages.
The company has a strong moat and a robust business model, which is highlighted in investment memos and analysis.
If interest rates fall faster, Toll Brothers could see an 8% revenue growth in the bull case scenario.
Trailing total returns as of 9/24/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q3 2026Latest Aug 18, 2026 | $2.97+1.4% vs $2.93 | $2.7B+1.5% vs $2.6B |
Q2 2026 May 19, 2026 | $2.72+5.4% vs $2.58 | $2.5B+4.8% vs $2.4B |
Q1 2026 Feb 17, 2026 | $2.19+6.8% vs $2.05 | $2.1B+15.7% vs $1.9B |
Q4 2025 Dec 8, 2025 | $4.58-6.1% vs $4.88 | $3.4B+3.7% vs $3.3B |
FORT WASHINGTON, Pa., Sept. 16, 2026 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL) (TollBrothers.com), the nation's leading builder of luxury homes, today announced that its Board of Directors has approved a quarterly cash dividend to shareholders. The dividend of $0.26 per share will be paid on October 23, 2026 to shareholders of record at the close of business on October 9, 2026.
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New model home to debut this Saturday, Sept 19 at exclusive community New model home to debut this Saturday, Sept 19 at exclusive community
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Benchmark TOL against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Toll Brothers, Inc. (TOL)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $137.57 | $12.86B | 10.20 | 1.11% | 12.28% | 16.86% | 0.71% | |
| $144.11 | $40.31B | 12.46 | -6.93% | 9.15% | 12.47% | — | |
| $83.06 | $20.62B | 10.41 | -3.54% | 5.39% | 7.98% | — | |
| $122.29 | $23.6B | 11.00 | -3.54% | 11.62% | 14.73% | — | |
| $6338.92 | $17.11B | 14.52 | -2.08% | 12.11% | 31.02% | — | |
| $142.67 | $3.68B | 9.68 | -1.93% | 7.44% | 9.97% | — |
Toll Brothers, Inc. (TOL) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
Toll Brothers, Inc. (TOL) SEC filings — annual & quarterly reports (10-K, 10-Q)
Aug 18, 2026·SEC
May 19, 2026·SEC
May 13, 2026·SEC
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Toll Brothers, Inc. (TOL) stock FAQ — growth, dividends, profitability & financials explained
Toll Brothers, Inc. (TOL) reported $10.76B in revenue for fiscal year 2025. This represents a 1314% increase from $760.7M in 1996.
Toll Brothers, Inc. (TOL) grew revenue by 1.1% over the past year. Growth has been modest.
Yes, Toll Brothers, Inc. (TOL) is profitable, generating $1.20B in net income for fiscal year 2025 (12.3% net margin).
Yes, Toll Brothers, Inc. (TOL) pays a dividend with a yield of 0.71%. This makes it attractive for income-focused investors.
Toll Brothers, Inc. (TOL) has a return on equity (ROE) of 16.9%. This is reasonable for most industries.
Toll Brothers, Inc. (TOL) generated $1.09B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
