Toll Brothers price to free cash flow TOL
Market value divided by free cash flow over the last twelve months, since 2011.
- Today, Oct 23, 2026
- 11.8×
- 10-year median
- 9.9×
- Against its 10-year history
- 63rd
- percentile: 0 is its lowest day, 100 its highest
- 10-year range
- 4.0× to 47.4×
- Peer median
- 16.7×
Toll Brothers' price to free cash flow is 11.8× as of Oct 23, 2026.
That is above its ten-year median of 9.9×, close to the middle of its last ten years.
Over that time it ranged from 4.0× in Oct 2023 to 47.4× in Mar 2017.
The median for 10 homebuilders of a similar size is 16.7×.
Price to free cash flow over time
The dashed line is the 10-year median and the shaded band the middle half of its days.
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 11.8× | 8.2× | 15.4× |
| 2025 | 12.9× | 11.4× | 18.9× |
| 2024 | 13.5× | 8.6× | 19.7× |
| 2023 | 9.0× | 4.0× | 9.0× |
| 2022 | 6.0× | 4.8× | 10.8× |
| 2021 | 7.0× | 5.0× | 7.8× |
| 2020 | 6.0× | 6.0× | 28.4× |
| 2019 | 15.8× | 6.5× | 15.8× |
| 2018 | 8.4× | 7.2× | 17.5× |
| 2017 | 7.9× | 7.2× | 47.4× |
| 2016 | 41.8× | 41.8× | 102× |
| 2015 | 114× | 12.2× | 117× |
| 2014 | 19.3× | 19.3× | 19.3× |
| 2013 | n/m a value too high to mean anything | ||
| 2012 | 87.9× | 83.5× | 92.1× |
| 2011 | 78.5× | 15.2× | 78.5× |
Against its peers
Companies in Residential Construction nearest Toll Brothers' size, closest first, today.
| Company | Price to free cash flow |
|---|---|
| TOLToll Brothers | 11.8× |
| NVRNVR | 15.2× |
| PHMPulteGroup | 15.0× |
| IBPInstalled Building Products | 18.1× |
| ECGEverus Construction | 19.4× |
| MTHMeritage Homes CORP | 10.1× |
| TPCTutor Perini | 6.5× |
| DHID.R. Horton | 12.9× |
| GEOGEO | 136× |
| MHOM/I Homes | 22.6× |
| KBHKB Home | 99.7× |
| Peer median | 16.7× |
What the price to free cash flow tells you
Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.
Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.
More on Toll Brothers
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.