Inside the research
Toll Brothers, Inc.
TOL Research profile · latest available data
Price overview
$137.34
▲ +1.42 (+1.0%)
| 52w hi | $165.52 |
|---|---|
| 52w lo | $123.92 |
| Vol | 1.60M |
| As of | 25 Sep 2026 |
The Verdict
Our score -0.27
| Short | -0.01 |
|---|---|
| Medium | -0.46 |
| Long | -0.42 |
computed 2026-09-27
Key fundamentals
Toll Brothers, Inc.
Consumer Cyclical · Residential Construction
| Market cap | $12.66B |
|---|---|
| Enterprise value | $14.52B |
| Trailing P/E | 11.06x |
| Forward P/E | 9.93x |
| EV / EBITDA | 8.63x |
| P / S (ttm) | 1.18x |
| Profit margin | 11.1% |
| Return on equity | 14.4% |
| Revenue growth | -9.7% |
| Earnings growth | -20.4% |
| Debt / equity | 34.10 |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | +0.15 | |
| Sector | -0.03 | |
| Technical | -0.37 | |
| Earnings | +0.00 | |
| Sentiment | +0.46 |
macro × 1.00 · 2026-09-27
Business overview
Toll Brothers, Inc., together with its subsidiaries, designs, builds, markets, sells, and arranges finance for a range of detached and attached homes in luxury residential communities in the United States. It designs, builds, markets, and sells condominiums through Toll Brothers City Living. The company also develops a range of single-story living and first-floor primary bedroom suite home designs, as well as communities with recreational amenities, such as golf courses, marinas, pool complexes, country clubs, and fitness and recreation centers; and develops, operates, rents apartments and student housing communities. In addition, it provides various interior fit-out options, such as flooring, wall tile, plumbing, cabinets, fixtures, appliances, lighting, and home-automation and security technologies. Further, the company owns and operates architectural, engineering, mortgage, title, land development, insurance, smart home technology, landscaping, lumber distribution, house component assembly, and component manufacturing operations. It serves luxury first-time, move-up, empty-nester, active-adult, and second-home buyers. The company was founded in 1967 and is headquartered in Fort Washington, Pennsylvania.
Risk Metrics
| Beta vs SPX | 1.01 |
|---|---|
| Corr SPX | 0.46 |
| Annual vol | 35.4% |
| Annual ret | +1.7% |
| Sharpe | 0.05 |
| Max DD | -46.1% |
Window: 504 trading days (504 obs)
Analyst Coverage
| Mean PT | $168.38 |
|---|---|
| High / Low | $198.00 / $115.00 |
| Median | $172.50 |
| Analysts | 16 |
| Strong Buy | 3 | |
|---|---|---|
| Buy | 9 | |
| Hold | 6 | |
| Sell | 0 | |
| Strong Sell | 1 |
Recent rating actions
| 2026-04-16 | Truist Securities | → Buy |
| 2026-04-13 | Evercore ISI Group | → Outperform |
| 2026-04-08 | Barclays | → Underweight |
| 2026-04-07 | Seaport Global | → Neutral |
| 2026-02-26 | Citigroup | → Neutral |
| 2026-02-25 | Keefe, Bruyette & Woods | → Market Perform |
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-05-19 | Earnings Release, Exhibits | read |
| 2026-05-13 | Officer / Director Change, Other Material Event… | read |
| 2026-03-31 | Officer / Director Change, Exhibits | read |
| 2026-03-11 | Shareholder Vote, Exhibits | read |
| 2026-02-17 | Earnings Release, Exhibits | read |
| 2026-02-05 | Material Agreement, Exhibits | read |
| 2026-01-07 | Officer / Director Change, Other Material Event… | read |
| 2025-12-19 | Officer / Director Change, Exhibits | read |
| 2025-12-08 | Earnings Release, Exhibits | read |
| 2025-09-18 | Reg FD Disclosure, Exhibits | read |
| 2025-08-19 | Earnings Release, Exhibits | read |
| 2025-07-11 | Officer / Director Change, Other Material Event… | read |
Insider Trades
| Date | Insider | Role | Action | Shares | Value |
|---|---|---|---|---|---|
| 2026-06-18 | Parahus Robert | President & COO | Sell | 7.50K | $1.12M |
| 2026-06-18 | Yearley Douglas C. Jr. | Executive Chairman | Option exercise | 77.96K | $2.46M |
| 2026-06-18 | Yearley Douglas C. Jr. | Executive Chairman | Sell | 77.96K | $12.21M |
| 2026-04-15 | East Stephen F. | Sell | 1.00K | $139.70K | |
| 2026-03-04 | McLean John A | Option exercise | 2.31K | $73.11K | |
| 2026-03-04 | McLean John A | Sell | 2.31K | $354.89K | |
| 2026-02-27 | Yearley Douglas C. Jr. | Chief Executive Officer | Option exercise | 27.01K | $853.91K |
| 2026-02-27 | Yearley Douglas C. Jr. | Chief Executive Officer | Sell | 27.01K | $4.30M |
| 2026-02-24 | Yearley Douglas C. Jr. | Chief Executive Officer | Option exercise | 45.12K | $1.43M |
| 2026-02-24 | Yearley Douglas C. Jr. | Chief Executive Officer | Sell | 43.01K | $6.90M |
Flow & Concentration
| Insider 180d net | -$13.47M |
|---|---|
| Insider buys / sells | 0 / 3 |
| Insider bias | Sellers |
| 13F holders | 9 |
| Top-5 share | 93.7% |
| HHI | 2,430 (moderate) |
Top Holders
| Holder | Value | Shares |
|---|---|---|
| Fidelity / FMR LLC | $677.32M | 4.11M |
| State Street Corp | $577.59M | 3.51M |
| AQR Capital Management | $265.79M | 1.62M |
| Citadel Advisors | $189.18M | 1.15M |
| Capital Research / Capital World | $120.33M | 730.36K |
| Millennium Management | $117.37M | 712.40K |
| Bridgewater Associates | $4.00M | 24.25K |
| Norges Bank (Norway sovereign) | $988.50K | 6.00K |
| T. Rowe Price Group | $312.13K | 1.89M |
As of 2026-06-30
Dividends
| Yield (TTM) | 0.55% |
|---|---|
| $ / share (TTM) | $0.76 |
| 5y CAGR | +17.4% |
Annual dividend per share
| 2021 | $0.62 |
|---|---|
| 2022 | $0.77 |
| 2023 | $0.83 |
| 2024 | $0.90 |
| 2025 | $0.98 |
| 2026 | $0.51 |
SEC Filings
The Long Run
FY 2010–2025 · 16 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| Gross profit | $240.99M | +21.1% | |
| Operating income | $1.72B | +14.3% | |
| Net income | $352.45M | +18.3% | |
| Cash from ops | $1.01B | +80.4% |
Indices
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $136.65 | $137.96 | $135.45 | $137.34 | 1.60M |
| Sep 24 | $134.86 | $136.85 | $134.25 | $135.92 | 910.20K |
| Sep 23 | $135.51 | $138.50 | $135.13 | $135.27 | 1.30M |
| Sep 22 | $137.91 | $139.42 | $136.38 | $137.57 | 1.46M |
| Sep 21 | $134.32 | $136.71 | $132.53 | $135.50 | 877.30K |
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