SuperworthToll Brothers profit margin TOL
Gross, operating and net profit as a share of revenue over the last twelve months, from 2010.
- Net margin, 12 months
- 11.1%
- Operating margin, 12 months
- 13.8%
- Net margin on a year earlier
- −1.5 pts
- Peer median
- 7.5%
Over the twelve months to Jul 31, 2026, Toll Brothers kept 11.1% of its revenue as net profit, with an operating margin of 13.8% and a gross margin of 23.7%.
Five years earlier its net margin was 7.9%.
The median for 10 homebuilders of a similar size is 7.5%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 12.3% | 15.7% | 25.1% |
| FY2024 | 14.5% | 18.8% | 27.9% |
| FY2023 | 13.7% | 17.3% | 26.4% |
| FY2022 | 12.5% | 14.7% | 24.2% |
| FY2021 | 9.5% | 11.6% | 22.1% |
| FY2020 | 6.3% | 7.8% | 20.0% |
| FY2019 | 8.2% | 9.4% | 19.6% |
| FY2018 | 10.5% | 11.0% | 20.6% |
| FY2017 | 9.2% | 11.1% | n/a |
| FY2016 | 7.4% | 9.5% | n/a |
| FY2015 | 8.7% | 10.7% | n/a |
| FY2014 | 8.7% | 10.2% | n/a |
| FY2013 | 6.4% | 7.5% | n/a |
| FY2012 | 25.9% | 3.4% | n/a |
| FY2011 | 2.7% | −3.2% | n/a |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q3 FY26 | 11.1% | −1.5 pts | 13.8% | |
| Q2 FY26 | 11.7% | −1.3 pts | 14.6% | |
| Q1 FY26 | 12.3% | −1.8 pts | 15.3% | |
| Q4 FY25 | 12.3% | −2.2 pts | 15.7% | |
| Q3 FY25 | 12.6% | −2.0 pts | 16.3% | |
| Q2 FY25 | 12.9% | −2.1 pts | 16.7% | |
| Q1 FY25 | 14.0% | +0.1 pts | 18.1% | |
| Q4 FY24 | 14.5% | +0.8 pts | 18.8% | |
| Q3 FY24 | 14.6% | −0.0 pts | 18.9% | |
| Q2 FY24 | 15.1% | +1.5 pts | 19.1% | |
| Q1 FY24 | 14.0% | +1.1 pts | 17.8% | |
| Q4 FY23 | 13.7% | +1.2 pts | 17.3% |
Against its peers
Companies in Residential Construction nearest Toll Brothers' size, closest first, today.
| Company | Profit margin |
|---|---|
| TOLToll Brothers | 11.1% |
| NVRNVR | 12.0% |
| PHMPulteGroup | 11.6% |
| IBPInstalled Building Products | 8.5% |
| ECGEverus Construction | 6.0% |
| MTHMeritage Homes CORP | 6.1% |
| TPCTutor Perini | 2.1% |
| DHID.R. Horton | 9.2% |
| GEOGEO | 10.3% |
| MHOM/I Homes | 6.6% |
| KBHKB Home | 4.4% |
| Peer median | 7.5% |
Where Toll Brothers ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Toll Brothers
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.