Toll Brothers, Inc. (TOL) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
1140 VIRGINIA DRIVE FORT WASHINGTON, PA 19034 |
| State of Incorp. | DE |
| Fiscal Year End | October 31 |
| Industry (SIC) | 1531 - Operative Builders (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 1/31/2026 MRQ | 10/31/2025 | 10/31/2024 | 10/31/2023 | 10/31/2022 | 10/31/2021 | 10/31/2020 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 1,259 | 1,303 | 1,300 | 1,347 | 1,638 | 1,371 | |||
| Cash and cash equivalent | 1,259 | 1,303 | 1,300 | 1,347 | 1,638 | 1,371 | |||
| Total current assets: | 1,259 | 1,303 | 1,300 | 1,347 | 1,638 | 1,371 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 109 | 103 | 117 | 96 | 105 | ||||
| Inventory, real estate | 10,678 | 9,713 | 9,058 | 8,733 | 7,916 | 7,659 | |||
| Property, plant, and equipment, after accumulated depreciation, depletion, and amortization | 273 | 453 | 324 | 288 | 310 | 316 | |||
| Long-term investments and receivables | 1,026 | 1,007 | 959 | 852 | 599 | 431 | |||
| Long-term investments | 1,026 | 1,007 | 959 | 852 | 599 | 431 | |||
| Total noncurrent assets: | 12,087 | 11,173 | 10,443 | 9,990 | 8,922 | 8,511 | |||
| Other undisclosed assets | 1,174 | 892 | 784 | 952 | 978 | 1,184 | |||
| TOTAL ASSETS: | 14,520 | 13,368 | 12,527 | 12,289 | 11,538 | 11,066 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 17 | 38 | 6 | 337 | 8 | 7 | |||
| Taxes payable | ✕ | ✕ | ✕ | ✕ | 169 | 8 | 7 | ||
| Accrued liabilities | 17 | 38 | 6 | 169 | |||||
| Debt | 150 | 150 | 100 | 149 | 148 | 149 | |||
| Total current liabilities: | 167 | 188 | 106 | 486 | 156 | 155 | |||
| Noncurrent Liabilities | |||||||||
| Other undisclosed liabilities | 6,067 | 5,493 | 5,608 | 5,781 | 6,042 | 5,983 | |||
| Total liabilities: | 6,234 | 5,681 | 5,714 | 6,267 | 6,197 | 6,138 | |||
| Equity | |||||||||
| Equity, attributable to parent | 8,271 | 7,671 | 6,797 | 6,006 | 5,295 | 4,875 | |||
| Common stock | 1 | 1 | 1 | 1 | 1 | 2 | |||
| Treasury stock, value | (1,015) | (1,210) | (619) | (916) | (392) | (1,000) | |||
| Additional paid in capital | 687 | 695 | 699 | 717 | 714 | 717 | |||
| Accumulated other comprehensive income (loss) | 22 | 31 | 41 | 38 | 1 | (7) | |||
| Retained earnings | 8,575 | 8,153 | 6,676 | 6,167 | 4,970 | 5,164 | |||
| Equity, attributable to noncontrolling interest | 15 | 16 | 16 | 16 | 45 | 52 | |||
| Total equity: | 8,286 | 7,687 | 6,813 | 6,022 | 5,340 | 4,927 | |||
| TOTAL LIABILITIES AND EQUITY: | 14,520 | 13,368 | 12,527 | 12,289 | 11,538 | 11,066 | |||
Income Statement (P&L) ($ in millions)
| 1/31/2026 TTM | 10/31/2025 | 10/31/2024 | 10/31/2023 | 10/31/2022 | 10/31/2021 | 10/31/2020 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 10,967 | 10,847 | 9,995 | 10,276 | 8,790 | 7,078 | ||
| Cost of revenue (Cost of Product and Service Sold) | (8,212) | (7,824) | (7,361) | (7,789) | (6,847) | (5,660) | ||
| Gross profit: | 2,754 | 3,022 | 2,634 | 2,486 | 1,943 | 1,418 | ||
| Operating expenses | (1,034) | (982) | (909) | (978) | (922) | (854) | ||
| Other undisclosed operating loss | (13) | |||||||
| Operating income: | 1,721 | 2,040 | 1,725 | 1,509 | 1,021 | 550 | ||
| Nonoperating income (Other Nonoperating income) | 52 | 69 | 68 | 171 | 41 | 36 | ||
| Interest and debt expense | (35) | (2) | ||||||
| Income from continuing operations before equity method investments, income taxes: | 1,772 | 2,109 | 1,792 | 1,680 | 1,026 | 584 | ||
| Income (loss) from equity method investments | 19 | (24) | 50 | 24 | 74 | 1 | ||
| Income from continuing operations before income taxes: | 1,791 | 2,086 | 1,842 | 1,704 | 1,100 | 584 | ||
| Income tax expense | (445) | (514) | (470) | (417) | (267) | (140) | ||
| Income from continuing operations: | 1,346 | 1,571 | 1,372 | 1,287 | 834 | 444 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | 1,287 | 834 | 444 | |
| Net income: | 1,346 | 1,571 | 1,372 | 1,287 | 834 | 444 | ||
| Net income (loss) attributable to noncontrolling interest | (1) | 1 | 1 | (0) | 7 | 0 | ||
| Other undisclosed net income (loss) attributable to parent | 1 | (1) | (1) | 0 | (7) | 2 | ||
| Net income available to common stockholders, diluted: | 1,346 | 1,571 | 1,372 | 1,287 | 834 | 447 | ||
Comprehensive Income ($ in millions)
| 1/31/2026 TTM | 10/31/2025 | 10/31/2024 | 10/31/2023 | 10/31/2022 | 10/31/2021 | 10/31/2020 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 1,346 | 1,571 | 1,372 | 1,287 | 834 | 444 | ||
| Other comprehensive income (loss) | (9) | (10) | 3 | 37 | 8 | (1) | ||
| Comprehensive income: | 1,337 | 1,562 | 1,375 | 1,323 | 842 | 443 | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (1) | 1 | 1 | (0) | 7 | 0 | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 1 | (1) | (1) | 0 | (7) | 2 | ||
| Comprehensive income, net of tax, attributable to parent: | 1,337 | 1,562 | 1,375 | 1,323 | 842 | 445 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.