Buyback yield (TTM)
5.00%
Shareholder yield (TTM)
5.72%
5Y share count change
-24.0%
Buyback spend (TTM)
$676.14M
Cumulative buybacks
$5.47B
Key takeaways
- Toll Brothers (TOL) repurchased about $676.14M of stock over the trailing twelve months.
- Diluted share count is down 24.0% over the last ~5 fiscal years — buybacks are net-shrinking the share base.
- TTM buyback ÷ stock-based-comp ratio of 21.56× — repurchases more than cover SBC dilution.
- Cash buyback spend has compounded at +0.5% per year over the latest 5-year window.
- TTM repurchases used about 60% of free cash flow remaining after dividends.
Dividend & buyback yield over time for Toll Brothers (TOL)
Stacked annual yields — buyback yield (TTM cash repurchases ÷ market cap) plus dividend yield from the same fiscal-year-end key-metrics period — show how total cash return per dollar of equity has evolved.
Diluted vs basic shares (annual) for Toll Brothers (TOL)
Diluted weighted-average shares are the EPS denominator — a falling count means buybacks are outpacing SBC dilution.
Year-over-year change in diluted shares for Toll Brothers (TOL)
Green is fewer shares vs the prior fiscal year (net repurchase); red is growth (dilution). The earliest year shown has no prior year to compare.
Cash buyback spend over time for Toll Brothers (TOL)
Latest: $651.02M
Overview
In 2025, Toll Brothers (TOL) buyback spend totalled $651.02M – edged up 3.8% year-over-year.
Toll Brothers buyback spend compound annual growth for the 2020–2025 (5 years) window is +0.5%, sustaining 4 straight years of year-over-year growth.
Across the available history, buyback spend reached its high of $651.02M in 2025 and its low of $0.00 in 1991.
Toll Brothers Buyback Spend 2025: $651.02M
2025's buyback spend for Toll Brothers came in at $651.02M, edged up 3.8% from 2024. This figure represents the highest annual value in the available history.
Toll Brothers Buyback Spend 2024: $627.06M
Toll Brothers posted buyback spend of $627.06M in 2024, grew 11.7% from 2023.
Toll Brothers Buyback Spend 2023: $561.60M
In 2023, Toll Brothers reported buyback spend of $561.60M, edged up 3.5% from 2022.
Toll Brothers Buyback Spend 2022: $542.74M
Toll Brothers buyback spend in 2022 was $542.74M, surged 43.5% from 2021.
Toll Brothers Buyback Spend 2021: $378.26M
Toll Brothers buyback spend in 2021 was $378.26M.
See more financial history for Toll Brothers (TOL).
Buyback, SBC & dilution history
Buyback spend, SBC, net dilution effect, and share count.
| 2025 | $651.02M | $30.83M | $620.18M | 4.99% | 0.10B | -4.7% | |
| 2024 | $627.06M | $29.56M | $597.50M | 4.21% | 0.10B | -5.7% | |
| 2023 | $561.60M | $24.80M | $536.79M | 7.39% | 0.11B | -5.9% | |
| 2022 | $542.74M | $21.09M | $521.64M | 11.16% | 0.12B | -6.2% | |
| 2021 | $378.26M | $23.19M | $355.07M | 5.06% | 0.13B | -4.1% | |
| 2020 | $634.06M | $24.33M | $609.73M | 11.78% | 0.13B | -10.4% | |
| 2019 | $233.52M | $26.18M | $207.34M | 4.14% | 0.15B | -5.0% | |
| 2018 | $503.16M | $28.31M | $474.85M | 10.10% | 0.15B | -9.0% | |
| 2017 | $290.88M | $28.47M | $262.42M | 3.97% | 0.17B | -3.7% | |
| 2016 | $392.77M | $26.68M | $366.09M | 8.73% | 0.18B | -4.7% | |
| 2015 | $56.89M | $22.90M | $33.98M | 0.90% | 0.18B | -0.6% | |
| 2014 | $90.75M | $21.66M | $69.10M | 1.60% | 0.19B | +4.4% | |
| 2013 | $15.38M | $19.04M | −$3.66M | 0.28% | 0.18B | +4.6% | |
| 2012 | $505.00K | $15.57M | −$15.07M | 0.01% | 0.17B | +1.1% | |
| 2011 | $49.10M | $12.77M | $36.33M | 1.69% | 0.17B | +1.6% | |
| 2010 | $588.00K | $11.68M | −$11.09M | 0.02% | 0.17B | +2.5% | |
| 2009 | $1.47M | $10.99M | −$9.51M | 0.05% | 0.16B | +1.8% | |
| 2008 | $1.99M | $23.25M | −$21.26M | 0.05% | 0.16B | -3.3% | |
| 2007 | $1.82M | $27.46M | −$25.64M | 0.05% | 0.16B | -0.4% | |
| 2006 | $109.84M | $27.08M | $82.76M | 2.46% | 0.16B | -2.2% | |
| 2005 | $118.77M | $200.00K | $118.57M | 2.07% | 0.17B | +3.8% | |
| 2004 | $20.24M | $0.00 | $20.24M | 0.57% | 0.16B | +7.4% | |
| 2003 | $25.57M | $0.00 | $25.57M | 0.94% | 0.15B | +0.1% | |
| 2002 | $31.09M | $0.00 | $31.09M | 2.16% | 0.15B | -2.4% | |
| 2001 | $71.77M | $0.00 | $71.77M | 6.58% | 0.15B | +3.4% | |
| 2000 | $33.23M | $0.00 | $33.23M | — | 0.15B | -0.1% | |
| 1999 | $16.70M | $0.00 | $16.70M | — | 0.15B | -2.4% | |
| 1998 | $3.30M | $0.00 | $3.30M | — | 0.15B | +5.6% | |
| 1997 | $0.00 | $0.00 | $0.00 | — | 0.15B | +1.4% | |
| 1996 | $0.00 | $0.00 | $0.00 | — | 0.14B | — | |
| 1995 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1994 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1993 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1992 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1991 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1990 | $800.00K | $0.00 | $800.00K | — | — | — | |
| 1989 | $600.00K | $0.00 | $600.00K | — | — | — |
- 2025$651.02M
- 2024$627.06M
- 2023$561.60M
- 2022$542.74M
- 2021$378.26M
- 2020$634.06M
- 2019$233.52M
- 2018$503.16M
- 2017$290.88M
- 2016$392.77M
- 2015$56.89M
- 2014$90.75M
- 2013$15.38M
- 2012$505.00K
- 2011$49.10M
- 2010$588.00K
- 2009$1.47M
- 2008$1.99M
- 2007$1.82M
- 2006$109.84M
- 2005$118.77M
- 2004$20.24M
- 2003$25.57M
- 2002$31.09M
- 2001$71.77M
- 2000$33.23M
- 1999$16.70M
- 1998$3.30M
- 1997$0.00
- 1996$0.00
- 1995$0.00
- 1994$0.00
- 1993$0.00
- 1992$0.00
- 1991$0.00
- 1990$800.00K
- 1989$600.00K
Buybacks vs stock-based compensation for Toll Brothers (TOL)
Annual cash repurchases set against stock-based compensation. Coverage above 1× means buybacks fully offset the equity dilution from SBC. TTM coverage: 21.56×.
Buybacks vs dividends (share of cash returned) for Toll Brothers (TOL)
How Toll Brothers splits cash returned to shareholders between dividends and buybacks.
Sector peers by buyback spend
Companies in the same sector as Toll Brothers, ranked by their latest buyback spend.
| $6.44B | |
| $2.52B | |
| $2.06B | |
| $1.10B | |
| $0.00 | |
| $0.00 | |
| $0.00 | |
| $0.00 |
- $6.44B
- $2.52B
- $2.06B
- $1.10B
- $0.00
- $0.00
- $0.00
- $0.00
Buyback capacity (TTM)
Free cash flow minus dividends paid versus actual TTM repurchases — the headroom bar shows how much of post-dividend FCF is still being deployed elsewhere.
Headroom $1.12B (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Data & methodology
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