Toll Brothers, Inc. (TOL) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Total Current Assets | 13.03B | 12.41B | 12.94B | 12.49B | 12.24B | 11.72B | 11.57B | 11.57B | 11.43B | 10.72B | 10.78B | 10.59B | 10.28B | 10.29B | 10.6B | 10.25B | 9.99B | 9.72B | 10.05B | 9.78B |
| Cash & Short-Term Investments | 1.11B | 1.2B | 1.26B | 852.31M | 686.47M | 574.83M | 1.3B | 893.42M | 1.03B | 754.79M | 1.3B | 1.03B | 761.95M | 791.61M | 1.35B | 316.47M | 535.04M | 671.37M | 1.64B | 946.1M |
| Cash Only | 1.11B | 1.2B | 1.26B | 852.31M | 686.47M | 574.83M | 1.3B | 893.42M | 1.03B | 754.79M | 1.3B | 1.03B | 761.95M | 791.61M | 1.35B | 316.47M | 535.04M | 671.37M | 1.64B | 946.1M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 0 | 0 | 157.95M | 153.67M | 148.75M | 141.7M | 150.74M | 126.97M | 144.39M | 139M | 135.98M | 89.42M | 93.06M | 97.89M | 102.34M | 113.33M | 93.66M | 129.54M | 84.4M | 171.95M |
| Days Sales Outstanding | - | - | 4.19 | 4.72 | 4.72 | 7.24 | 3.83 | 4.58 | 4.49 | 6.49 | 3.43 | 3.12 | 3.39 | 5.17 | 2.67 | 3.82 | 4.36 | 5.49 | 3.88 | 7.6 |
| Inventory | 11.38B | 11.2B | 11.1B | 11.07B | 10.99B | 10.68B | 9.71B | 10.2B | 9.93B | 9.58B | 9.06B | 9.2B | 9.11B | 9.1B | 8.73B | 9.41B | 8.98B | 8.58B | 7.92B | 8.29B |
| Days Inventory Outstanding | 521.64 | 619.69 | 402.34 | 465.69 | 474.23 | 670.05 | 373.43 | 466.15 | 443.87 | 608.98 | 378.36 | 433.4 | 437.08 | 610.64 | 303.74 | 445.11 | 446.04 | 546.39 | 318.3 | 436.42 |
| Other Current Assets | 543.8M | 0 | 379.67M | 376.41M | 378.5M | 286.43M | 362.98M | 315.62M | 300.15M | 209.68M | 239.36M | 231.77M | 283.95M | 262.73M | 373.06M | 368.72M | 352.64M | 295.78M | 377.27M | 338.97M |
| Total Non-Current Assets | 1.51B | 2.03B | 1.58B | 1.91B | 1.95B | 1.9B | 1.8B | 1.79B | 1.82B | 1.8B | 1.75B | 1.76B | 1.71B | 1.7B | 1.69B | 1.5B | 1.55B | 1.56B | 1.49B | 1.49B |
| Property, Plant & Equipment | 283.88M | 276.67M | 382.41M | 558.39M | 559.58M | 562.63M | 561.32M | 566.24M | 422.88M | 424.54M | 426.78M | 415.24M | 416.97M | 415.11M | 404.49M | 393.39M | 411.56M | 414.02M | 406.73M | 400.76M |
| Fixed Asset Turnover | 9.03x | 6.51x | 7.28x | 5.27x | 4.88x | 3.31x | 5.91x | 5.52x | 6.70x | 4.58x | 7.17x | 6.46x | 6.03x | 4.34x | 9.31x | 6.20x | 5.52x | 4.36x | 7.53x | 5.79x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 955.46M | 1.08B | 1.03B | 1.12B | 1.17B | 1.11B | 1.01B | 983.59M | 1B | 995.81M | 959.04M | 900.36M | 887.64M | 908.95M | 852.31M | 767.57M | 684.38M | 679.64M | 599.1M | 550.43M |
| Other Non-Current Assets | 266.81M | 671.53M | 167.69M | 225.78M | 221.61M | 231.29M | 229.08M | 239.13M | 390.7M | 379.1M | 364.45M | 445.99M | 409.72M | 373.72M | 432.13M | 336.08M | 454.19M | 470.53M | 481.01M | 535.29M |
| Total Assets | 14.53B | 14.43B | 14.52B | 14.4B | 14.2B | 13.62B | 13.37B | 13.36B | 13.25B | 12.52B | 12.53B | 12.35B | 11.99B | 11.98B | 12.29B | 11.74B | 11.54B | 11.28B | 11.54B | 11.26B |
| Asset Turnover | 0.17x | 0.15x | 0.24x | 0.21x | 0.20x | 0.14x | 0.25x | 0.21x | 0.22x | 0.16x | 0.24x | 0.22x | 0.21x | 0.15x | 0.31x | 0.21x | 0.20x | 0.16x | 0.27x | 0.20x |
| Asset Growth % | 2.38% | 5.95% | 8.62% | 7.76% | 7.14% | 8.79% | 6.71% | 8.14% | 10.52% | 4.48% | 1.94% | 5.2% | 3.85% | 6.21% | 6.51% | 4.25% | 5.19% | 3.86% | 4.27% | 6.9% |
| Total Current Liabilities | 2.79B | 3.29B | 3.11B | 3.02B | 3.12B | 2.77B | 2.51B | 2.79B | 2.78B | 2.48B | 2.52B | 2.49B | 2.41B | 2.26B | 2.57B | 2.57B | 2.54B | 2.45B | 2.29B | 2.26B |
| Accounts Payable | 461.44M | 536.13M | 615.77M | 619.65M | 666.49M | 650.71M | 492.21M | 675.47M | 694.42M | 610.46M | 597.58M | 572.12M | 550.9M | 510.49M | 619.41M | 625.66M | 588.74M | 557.27M | 562.47M | 553M |
| Days Payables Outstanding | 23.04 | 32.01 | 22.42 | 27.14 | 28.82 | 37.56 | 21.9 | 31.73 | 29.69 | 39.47 | 24.24 | 26.58 | 25.48 | 38.69 | 20.85 | 29.4 | 29.1 | 37.08 | 21.9 | 27.82 |
| Short-Term Debt | 0 | 132.7M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 0 | 40.34M | 471.42M | 537.8M | 567.34M | 568.89M | 539.83M | 576.63M | 597.21M | 589.14M | 593.63M | 670.88M | 710.4M | 711.97M | 731.56M | 850.27M | 898.96M | 770.77M | 673.02M | 668.2M |
| Other Current Liabilities | 0 | 2.26B | 420.58M | 195.39M | 192.61M | 189.37M | 189.26M | 210.98M | 0 | 202.92M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -116.25M | -116.61M |
| Current Ratio | 4.66x | 3.77x | 4.17x | 4.14x | 3.92x | 4.24x | 4.61x | 4.15x | 4.11x | 4.32x | 4.28x | 4.25x | 4.27x | 4.54x | 4.12x | 3.99x | 3.93x | 3.97x | 4.40x | 4.32x |
| Quick Ratio | 0.59x | 0.37x | 0.59x | 0.47x | 0.40x | 0.38x | 0.74x | 0.49x | 0.54x | 0.46x | 0.68x | 0.56x | 0.49x | 0.52x | 0.73x | 0.33x | 0.40x | 0.46x | 0.93x | 0.66x |
| Cash Conversion Cycle | - | - | 384.11 | 443.27 | 450.13 | 639.73 | 355.36 | 439 | 418.68 | 576.01 | 357.56 | 409.94 | 414.99 | 577.12 | 285.56 | 419.52 | 421.29 | 514.81 | 300.27 | 416.2 |
| Total Non-Current Liabilities | 3.25B | 2.72B | 3.13B | 3.27B | 3.11B | 3.05B | 3.17B | 3.14B | 3.14B | 3.01B | 3.2B | 3.15B | 3.15B | 3.5B | 3.69B | 3.64B | 3.62B | 3.54B | 3.91B | 3.92B |
| Long-Term Debt | 2.65B | 2.72B | 2.79B | 2.94B | 2.8B | 2.75B | 2.83B | 2.82B | 2.84B | 2.72B | 2.86B | 2.83B | 2.83B | 3.21B | 3.33B | 3.31B | 3.3B | 3.24B | 3.56B | 3.59B |
| Capital Lease Obligations | 0 | 0 | 128.34M | 129.32M | 129.31M | 127.21M | 128.59M | 127.42M | 122.2M | 123.41M | 123.87M | 145.02M | 142.9M | 143.71M | 139.66M | 127.97M | 122.7M | 119.85M | 116.25M | 116.61M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 607.3M | 0 | 209.82M | 196.66M | 179.35M | 172.07M | 208.39M | 193.92M | 184.92M | 159.62M | 212.68M | 175.91M | 170.45M | 147.81M | 223.61M | 199.5M | 108.38M | 137.74M | 195.52M | 174.2M |
| Total Liabilities | 6.05B | 6.01B | 6.23B | 6.29B | 6.23B | 5.81B | 5.68B | 5.93B | 5.93B | 5.49B | 5.71B | 5.64B | 5.55B | 5.77B | 6.27B | 6.2B | 6.16B | 5.98B | 6.2B | 6.18B |
| Total Debt | 2.65B | 2.85B | 2.92B | 3.07B | 2.93B | 2.87B | 2.96B | 2.95B | 2.96B | 2.85B | 2.98B | 2.97B | 2.98B | 3.36B | 3.47B | 3.44B | 3.43B | 3.36B | 3.8B | 3.82B |
| Net Debt | 1.54B | 1.65B | 1.66B | 2.22B | 2.24B | 2.3B | 1.66B | 2.06B | 1.93B | 2.09B | 1.68B | 1.94B | 2.22B | 2.56B | 2.12B | 3.12B | 2.89B | 2.69B | 2.16B | 2.88B |
| Debt / Equity | 0.31x | 0.34x | 0.35x | 0.38x | 0.37x | 0.37x | 0.39x | 0.40x | 0.40x | 0.40x | 0.44x | 0.44x | 0.46x | 0.54x | 0.58x | 0.62x | 0.64x | 0.63x | 0.71x | 0.75x |
| Debt / EBITDA | 7.55x | 12.13x | 4.98x | 6.02x | 6.23x | 12.16x | 4.65x | 5.70x | 4.61x | 8.77x | 5.14x | 5.56x | 6.70x | 13.94x | 4.86x | 9.01x | 11.41x | 17.70x | 8.20x | 12.85x |
| Net Debt / EBITDA | 4.40x | 7.02x | 2.83x | 4.35x | 4.77x | 9.73x | 2.60x | 3.97x | 3.00x | 6.45x | 2.90x | 3.63x | 4.99x | 10.65x | 2.97x | 8.18x | 9.63x | 14.17x | 4.66x | 9.67x |
| Interest Coverage | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Equity | 8.49B | 8.42B | 8.29B | 8.11B | 7.96B | 7.81B | 7.69B | 7.43B | 7.32B | 7.04B | 6.81B | 6.71B | 6.44B | 6.22B | 6.02B | 5.54B | 5.38B | 5.3B | 5.34B | 5.08B |
| Equity Growth % | 6.55% | 7.79% | 7.8% | 9.15% | 8.74% | 11.03% | 12.82% | 10.74% | 13.81% | 13.17% | 13.14% | 21.15% | 19.63% | 17.27% | 12.76% | 8.95% | 8.44% | 9.66% | 8.38% | 7.57% |
| Book Value per Share | 88.62 | 87.25 | 84.96 | 80.69 | 79.18 | 76.71 | 74.86 | 71.44 | 69.22 | 66.21 | 62.86 | 60.39 | 57.37 | 55.34 | 52.92 | 47.62 | 45.24 | 43.15 | 43.05 | 40.47 |
| Total Shareholders' Equity | 8.48B | 8.41B | 8.27B | 8.1B | 7.95B | 7.8B | 7.67B | 7.41B | 7.31B | 7.02B | 6.8B | 6.69B | 6.42B | 6.2B | 6.01B | 5.52B | 5.36B | 5.26B | 5.3B | 5.03B |
| Common Stock | 1.03M | 1.03M | 1.03M | 1.13M | 1.13M | 1.13M | 1.13M | 1.13M | 1.13M | 1.13M | 1.13M | 1.28M | 1.28M | 1.28M | 1.28M | 1.28M | 1.28M | 1.28M | 1.28M | 1.53M |
| Retained Earnings | 9B | 8.76B | 8.57B | 8.98B | 8.63B | 8.31B | 8.15B | 7.7B | 7.35B | 6.89B | 6.68B | 7.02B | 6.63B | 6.34B | 6.17B | 5.55B | 5.3B | 5.1B | 4.97B | 5.57B |
| Treasury Stock | -1.19B | -1.03B | -1.01B | -1.6B | -1.39B | -1.22B | -1.21B | -1.02B | -772.48M | -597.63M | -619.15M | -1.07B | -945.02M | -865.77M | -916.33M | -759.07M | -669.4M | -563.62M | -391.66M | -1.24B |
| Accumulated OCI | 19M | 20.86M | 22.27M | 25.77M | 28.13M | 30.37M | 31.28M | 36.04M | 39.83M | 37.01M | 40.91M | 39.48M | 33.88M | 34.15M | 37.62M | 16.74M | 19.42M | 5.81M | 1.11M | -3.85M |
| Minority Interest | 10.84M | 10.83M | 15.4M | 15.63M | 15.69M | 15.89M | 15.79M | 16.18M | 16.22M | 16.37M | 16.05M | 17.09M | 15.51M | 15.65M | 15.75M | 15.77M | 15.77M | 45.58M | 45.43M | 48.99M |