Last 46 quarters of trend data · Consumer Cyclical · Residential Construction
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
Toll Brothers, Inc.'s quarterly P/E stands at 7.4x, down 6.8% year-over-year.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 10.16 | 7.37 | 7.93 | 7.21 | 19.40 | 7.91 | 9.91 | 6.54 | 11.04 | 4.30 | 5.38 | 5.61 | 8.70 |
| — | -6.8% | -20.0% | +10.1% | +75.8% | +83.8% | +84.1% | +16.7% | +26.9% | +124.8% | +2.9% | -10.5% | -26.8% | |
| P/S Ratio | 1.18 | 0.96 | 1.01 | 0.93 | 1.86 | 1.13 | 1.36 | 1.11 | 1.36 | 0.63 | 0.83 | 0.71 | 0.94 |
| — | -14.8% | -25.8% | -16.6% | +37.2% | +77.7% | +63.8% | +55.3% | +44.4% | +92.2% | +44.8% | +18.1% | -7.2% | |
| P/B Ratio | 1.65 | 1.59 | 1.47 | 1.27 | 1.77 | 1.96 | 2.00 | 1.72 | 1.50 | 1.12 | 1.33 | 1.11 | 1.07 |
| — | -18.8% | -26.6% | -26.0% | +18.0% | +73.9% | +50.2% | +54.4% | +39.6% | +38.2% | +28.8% | +8.7% | -21.3% | |
| P/FCF | 12.66 | 4.26 | 8.63 | 7.30 | — | 5.66 | 24.76 | 7.11 | — | 3.35 | 4.33 | 3.71 | — |
| — | -24.7% | -65.2% | +2.7% | — | +69.1% | +471.4% | +91.9% | — | +232.7% | — | -85.2% | — | |
| EV / EBITDA | 8.12 | 6.32 | 6.92 | 6.58 | 17.06 | 6.55 | 8.17 | 5.65 | 9.74 | 4.02 | 5.08 | 5.28 | 9.60 |
| — | -3.5% | -15.3% | +16.5% | +75.1% | +62.9% | +60.9% | +7.0% | +1.5% | +63.5% | -12.4% | -24.5% | -26.6% | |
| EV / EBIT | 8.51 | 6.28 | 7.07 | 6.89 | 18.40 | 6.83 | 8.50 | 5.83 | 10.25 | 4.18 | 5.27 | 5.51 | 10.26 |
| — | -8.1% | -16.8% | +18.2% | +79.4% | +63.3% | +61.1% | +5.7% | -0.1% | +64.4% | -13.7% | -26.1% | -27.7% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Toll Brothers, Inc.'s operating margin was 16.5% in Q4 2025, down 0.1 pp QoQ and down 1.9 pp YoY. The trailing four-quarter average of 15.3% lags the current quarter, suggesting the recent improvement is above-trend.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 26.0% | 26.0% | 26.0% | 25.8% | 24.7% | 26.4% | 27.2% | 30.3% | 27.7% | 26.5% | 27.7% | 26.1% | 24.5% |
| — | -1.8% | -4.4% | -15.0% | -10.9% | -0.3% | -1.8% | +16.3% | +13.0% | +1.9% | +16.2% | +13.0% | +9.3% | |
| Operating Margin | 15.7% | 16.5% | 16.6% | 16.4% | 11.8% | 18.3% | 18.2% | 22.0% | 15.8% | 18.5% | 19.2% | 17.0% | 12.7% |
| — | -10.1% | -9.1% | -25.3% | -25.6% | -0.9% | -4.9% | +29.4% | +25.1% | -0.5% | +32.2% | +37.3% | +29.5% | |
| Net Margin | 12.3% | 13.0% | 12.6% | 12.9% | 9.6% | 14.3% | 13.7% | 17.0% | 12.3% | 14.8% | 15.4% | 12.8% | 10.8% |
| — | -8.5% | -8.6% | -24.2% | -22.3% | -3.3% | -11.0% | +32.9% | +14.3% | -14.5% | +40.8% | +31.9% | +26.9% |
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 16.9% | 5.4% | 4.6% | 4.5% | 2.3% | 6.3% | 5.1% | 6.7% | 3.5% | 6.6% | 6.3% | 5.1% | 3.1% |
| — | -13.4% | -9.4% | -33.4% | -33.7% | -4.5% | -19.5% | +32.5% | +10.5% | -40.5% | +26.0% | +22.5% | +9.6% | |
| ROA | 9.7% | 3.1% | 2.6% | 2.5% | 1.3% | 3.6% | 2.8% | 3.7% | 1.9% | 3.6% | 3.4% | 2.7% | 1.6% |
| — | -13.1% | -8.2% | -32.2% | -31.2% | -0.7% | -17.4% | +39.9% | +21.2% | -32.8% | +45.1% | +38.2% | +18.5% | |
| ROIC | 13.4% | 4.2% | 3.6% | 3.3% | 1.7% | 4.9% | 4.0% | 5.1% | 2.6% | 4.9% | 4.5% | 3.7% | 2.0% |
| — | -14.3% | -10.5% | -34.8% | -35.6% | -0.4% | -10.9% | +38.9% | +31.4% | -20.7% | +39.4% | +41.0% | +17.8% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
Toll Brothers, Inc.'s Debt/EBITDA ratio is 5.0x, down from 6.0x last quarter — elevated, raising questions about debt serviceability. The current ratio has weakened 9.6% YoY to 4.17x, tightening the short-term liquidity position.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.35 | 0.35 | 0.38 | 0.37 | 0.37 | 0.39 | 0.40 | 0.40 | 0.40 | 0.44 | 0.44 | 0.46 | 0.54 |
| — | -8.7% | -4.6% | -9.0% | -9.1% | -12.0% | -10.5% | -12.7% | -25.0% | -24.0% | -28.6% | -27.4% | -14.8% | |
| Debt / EBITDA | 1.62 | 4.98 | 6.02 | 6.23 | 12.16 | 4.65 | 5.70 | 4.61 | 8.77 | 5.14 | 5.56 | 6.70 | 13.94 |
| — | +7.0% | +5.6% | +35.2% | +38.6% | -9.5% | +2.6% | -31.3% | -37.1% | +5.7% | -38.3% | -41.3% | -21.3% | |
| Current Ratio | 4.17 | 4.17 | 4.14 | 3.92 | 4.24 | 4.61 | 4.15 | 4.11 | 4.32 | 4.28 | 4.25 | 4.27 | 4.54 |
| — | -9.6% | -0.3% | -4.6% | -2.0% | +7.6% | -2.2% | -3.8% | -4.8% | +4.0% | +6.5% | +8.6% | +14.4% | |
| Quick Ratio | 0.59 | 0.59 | 0.47 | 0.40 | 0.38 | 0.74 | 0.49 | 0.54 | 0.46 | 0.68 | 0.56 | 0.49 | 0.52 |
| — | -19.7% | -4.6% | -26.3% | -18.0% | +8.3% | -11.5% | +11.7% | -12.3% | -5.8% | +70.8% | +21.4% | +13.1% | |
| Interest Coverage | — | — | — | — | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 46 years · Updated daily
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Toll Brothers, Inc.'s current P/E is 10.2x. The average P/E over the last 4 quarters is 10.5x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Toll Brothers, Inc.'s current operating margin is 15.7%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Toll Brothers, Inc.'s business trajectory between earnings reports.