Toll Brothers, Inc.
TOLFinancial Statements
Income Statement (Annual)
Amounts in millions
2025
10/31/2025
Revenue
10,967
Cost of Revenue
8,120
Gross Profit
2,847
Gross Margin
26.0%
Operating Income
1,721
Operating Margin
15.7%
Net Income
1,346
Net Margin
12.3%
EPS (Basic)
$13.60
EPS (Diluted)
$13.49
EBITDA
1,866
EBITDA Margin
17.0%
2024
10/31/2024
Revenue
10,847
Cost of Revenue
7,824
Gross Profit
3,022
Gross Margin
27.9%
Operating Income
2,040
Operating Margin
18.8%
Net Income
1,571
Net Margin
14.5%
EPS (Basic)
$15.16
EPS (Diluted)
$15.01
EBITDA
2,121
EBITDA Margin
19.6%
2023
10/31/2023
Revenue
9,995
Cost of Revenue
7,361
Gross Profit
2,634
Gross Margin
26.4%
Operating Income
1,725
Operating Margin
17.3%
Net Income
1,372
Net Margin
13.7%
EPS (Basic)
$12.47
EPS (Diluted)
$12.36
EBITDA
1,801
EBITDA Margin
18.0%
2022
10/31/2022
Revenue
10,276
Cost of Revenue
7,789
Gross Profit
2,486
Gross Margin
24.2%
Operating Income
1,509
Operating Margin
14.7%
Net Income
1,287
Net Margin
12.5%
EPS (Basic)
$11.02
EPS (Diluted)
$10.90
EBITDA
1,585
EBITDA Margin
15.4%
2021
10/31/2021
Revenue
8,790
Cost of Revenue
6,847
Gross Profit
1,943
Gross Margin
22.1%
Operating Income
1,021
Operating Margin
11.6%
Net Income
834
Net Margin
9.5%
EPS (Basic)
$6.72
EPS (Diluted)
$6.63
EBITDA
1,097
EBITDA Margin
12.5%