TOL Stock Analysis: Toll Brothers | NYSE

Residential Construction | NYSE, USA | Market Cap: 13.353m USD | 12M Return: 12.6% | US8894781033 | Charts, Fundamentals & Technical Analysis

Luxury Homes, Condominiums, Apartments, Mortgage Services
Total Rating 29
Safety 51
Buy Signal -0.57
Residential Construction
Industry Rotation: -2.0
Market Cap: 13.4B
Avg Turnover: 126M
Risk 3d forecast
Volatility37.5%
VaR 5th Pctl6.25%
VaR vs Median1.22%
Reward TTM
Sharpe Ratio0.39
Rel. Str. IBD39.4
Rel. Str. Peer Group57.5
Character TTM
Beta1.067
Beta Downside1.152
Hurst Exponent0.515
Drawdowns 3y
Max DD45.97%
CAGR/Max DD0.55
CAGR/Mean DD1.76
EPS (Earnings per Share) EPS (Earnings per Share) of TOL over the last years for every Quarter: "2021-07": 1.87, "2021-10": 3.02, "2022-01": 1.24, "2022-04": 1.85, "2022-07": 2.35, "2022-10": 5.63, "2023-01": 1.7, "2023-04": 2.93, "2023-07": 3.76, "2023-10": 4.11, "2024-01": 2.25, "2024-04": 4.75, "2024-07": 3.64, "2024-10": 4.63, "2025-01": 1.75, "2025-04": 3.5, "2025-07": 3.73, "2025-10": 4.58, "2026-01": 2.19, "2026-04": 2.72, "2026-07": 2.97,
EPS CAGR: -1.66%
EPS Trend: -22.1%
Last SUE: 0.22
Qual. Beats: 0
Revenue Revenue of TOL over the last years for every Quarter: 2021-07: 2255.481, 2021-10: 3041.38, 2022-01: 1791.081, 2022-04: 2277.541, 2022-07: 2494.802, 2022-10: 3712.134, 2023-01: 1780.169, 2023-04: 2506.979, 2023-07: 2687.642, 2023-10: 3020.147, 2024-01: 1947.848, 2024-04: 2837.486, 2024-07: 2727.944, 2024-10: 3333.462, 2025-01: 1859.131, 2025-04: 2739.077, 2025-07: 2945.117, 2025-10: 3423.398, 2026-01: 2145.627, 2026-04: 2531.23, 2026-07: -4676.857,
Rev. CAGR: -13.47%
Rev. Trend: -39.5%
Last SUE: -4.00
Qual. Beats: -1

Warnings

Fakeout
Choppy

Tailwinds

No distinct edge detected

Seasonality 11.6 years of data

Jan +3.2% 8
Feb -1.5% 26
Mar -1.7% 20
Apr -1.9% 9
May +0.1% 10
Jun +0.1% 7
Jul -1.7% 5
Aug +1.5% 12
Sep -1.8% 17
Oct -3.2% 15
Nov +3.1% 66
Dec +0.0% 2

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: TOL Toll Brothers

Toll Brothers, Inc. (NYSE: TOL) is a U.S.-based luxury homebuilder founded in 1967 and headquartered in Fort Washington, Pennsylvania. The company designs, builds, markets, and sells a range of detached and attached homes in high-end residential communities, and extends its urban condominium operations through the Toll Brothers City Living brand. It also develops, operates, and rents apartment and student housing properties, and offers communities with amenities such as golf courses, marinas, and fitness centers.

The company serves a broad luxury buyer base, including first-time, move-up, empty-nester, active-adult, and second-home purchasers. It is highly vertically integrated, owning or operating architectural, engineering, mortgage, title, land development, insurance, smart home, landscaping, lumber distribution, and component manufacturing businesses, which supports greater control over design quality, build timelines, and margins.

Toll Brothers is classified within the Consumer Discretionary sector under the Homebuilding sub-industry. The luxury segment of U.S. homebuilding generally serves higher-income households whose buying decisions are less sensitive to mortgage rate fluctuations than entry-level buyers, and the companys diversified revenue streams from rentals, mortgage financing, and ancillary services help reduce dependence on single-family home sales.

Headlines to Watch Out For
  • Mortgage rate declines boost luxury home affordability and demand
  • Cancellation rates trend lower as housing demand stabilizes
  • Capital return accelerates with buybacks and dividend increases
Piotroski VR-10 (Strict) 5.5
Net Income: 1.20b TTM > 0 and > 6% of Revenue
FCF/TA: 0.08 > 0.02 and ΔFCF/TA 3.35 > 1.0
NWC/Revenue: 287.3% < 20% (prev 87.09%; Δ 200.2% < -1%)
CFO/TA 0.09 > 3% & CFO 1.31b > Net Income 1.20b
Net Debt (1.80b) to EBITDA (1.61b): 1.12 < 3
Current Ratio: 4.17 > 1.5 & < 3
Outstanding Shares: last quarter (95.6m) vs 12m ago -4.93% < -2%
Gross Margin: -183.3% > 18% (prev 25.84%; Δ -209.1% > 0.5%)
Asset Turnover: 23.68% > 50% (prev 75.55%; Δ -51.87% > 0%)
Interest Coverage Ratio: error (cannot be calculated; needs correct EBIT TTM and Interest Expense TTM)
Altman Z'' 8.54
A: 0.68 (Total Current Assets 12.9b - Total Current Liabilities 3.11b) / Total Assets 14.5b
B: 0.59 (Retained Earnings 8.57b / Total Assets 14.5b)
C: 0.11 (EBIT TTM 1.59b / Avg Total Assets 14.5b)
D: 1.37 (Book Value of Equity 8.53b / Total Liabilities 6.23b)
Altman-Z'' = 8.54 = AAA
What is the price of TOL shares?

As of August 23, 2026, the stock is trading at USD 147.09 with a total of 759,149 shares traded. Over the past week, the price has changed by -0.80%, over one month by -0.07%, over three months by +9.54% and over the past year by +12.62%.

Current recommended Stop Loss: 139.50 (which is 5.2% or 1.5 ATR below the current price).

Is TOL a buy, sell or hold?

Toll Brothers has received a consensus analysts rating of 4.05. Therefore, it is recommended to buy TOL.

  • StrongBuy: 9
  • Buy: 3
  • Hold: 6
  • Sell: 1
  • StrongSell: 0

What are the forecasts/targets for the TOL price?
Analysts Target Price 168.2 14.4%
Toll Brothers (TOL) - Fundamental Data Overview as of 21 August 2026
Market Cap USD = 13.4b (13.4b USD * 1.0 USD.USD)
P/E Trailing = 10.8611
P/E Forward = 10.3627
P/S = 1.2577
P/B = 1.5756
P/EG = 0.9555
Revenue TTM = 3.42b USD
EBIT TTM = 1.59b USD
EBITDA TTM = 1.61b USD
Long Term Debt = 2.79b USD (from longTermDebt, last fiscal year)
Short Term Debt = 128.3m USD (from shortTermDebt, last fiscal year)
Debt = 3.06b USD (corrected: LT Debt 2.79b + ST Debt 128.3m) + Leases 139.8m
Net Debt = 1.80b USD (calculated: Debt 3.06b - CCE 1.26b)
Enterprise Value = 15.2b USD (13.4b + Debt 3.06b - CCE 1.26b)
 Interest Coverage Ratio = unknown (Ebit TTM 1.59b / Interest Expense TTM 0.0)
 EV/FCF = 12.46x (Enterprise Value 15.2b / FCF TTM 1.22b)
FCF Yield = 8.02% (FCF TTM 1.22b / Enterprise Value 15.2b)
FCF Margin = 35.50% (FCF TTM 1.22b / Revenue TTM 3.42b)
Net Margin = 35.01% (Net Income TTM 1.20b / Revenue TTM 3.42b)
Gross Margin = -183.3% ((Revenue TTM 3.42b - Cost of Revenue TTM 9.70b) / Revenue TTM)
Gross Margin QoQ = none% (prev 23.90%)
Tobins Q-Ratio = 1.04 (Enterprise Value 15.2b / Total Assets 14.5b)
Interest Expense / Debt = 0.0% (Interest Expense 0.0 / Debt 3.06b)
Taxrate = 24.71% (393.3m / 1.59b)
NOPAT = 1.20b (EBIT 1.59b * (1 - 24.71%))
Current Ratio = 4.17 (Total Current Assets 12.9b / Total Current Liabilities 3.11b)
Debt / Equity = 0.36 (Debt 3.06b / totalStockholderEquity, last quarter 8.53b)
Debt / EBITDA = 1.12 (Net Debt 1.80b / EBITDA 1.61b)
Debt / FCF = 1.48 (Net Debt 1.80b / FCF TTM 1.22b)
Total Stockholder Equity = 8.42b (last 4 quarters mean from totalStockholderEquity)
RoA = 8.29% (Net Income 1.20b / Total Assets 14.5b)
RoE = 14.23% (Net Income TTM 1.20b / Total Stockholder Equity 8.42b)
RoCE = 14.18% (EBIT 1.59b / Capital Employed (Equity 8.42b + L.T.Debt 2.79b))
RoIC = -28.43% (NOPAT 1.20b / Invested Capital -4.21b)
WACC = 7.93% (E(13.4b)/V(16.4b) * Re(9.74%) + D(3.06b)/V(16.4b) * Rd(0.0%) * (1-Tc(0.25)))
Discount Rate = 9.74% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -98.67 | Cagr: -4.42%
[DCF] Terminal Value 77.97% ; FCFF base≈1.02b ; Y1≈1.17b ; Y5≈1.72b
[DCF] Fair Price = 257.4 (EV 25.9b - Net Debt 1.80b = Equity 24.1b / Shares 93.5m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: -22.10 | EPS CAGR: -1.66% | SUE: 0.22 | # QB: 0
Revenue Correlation: -39.49 | Revenue CAGR: -13.47% | SUE: -4.0 | # QB: -1
EPS current Year (2026-10-31): EPS=12.79 | Chg30d=+0.16% | Revisions=+40% | GrowthEPS=-5.2% | GrowthRev=-2.0%
EPS next Year (2027-10-31): EPS=14.15 | Chg30d=+0.05% | Revisions=+40% | GrowthEPS=+10.7% | GrowthRev=+3.2%
[Analyst] Revisions Ratio: +57% (up=4, down=0)