Capital Expenditures for Toll Brothers (TOL)
According to Toll Brothers's latest reported financial statements, the company's current capital expenditures (TTM) is $96.61M USD. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingCapital ExpendituresSwitch metric
Latest period
$96.61M
YoY change
+17.0%
5Y CAGR
-4.7%
Peak year (2020)
$109.56M
Cumulative capital expenditures
$961.94M
CapEx history chart for Toll Brothers (TOL) from 1989 to 2025
CapEx history table for Toll Brothers (TOL) from 1989 to 2025
| Fiscal year | Period ended | Reported | Capital Expenditures | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $86.19M | +17.0% | +$12.55M | ||
| 2024 | $73.64M | +0.9% | +$682,000 | ||
| 2023 | $72.96M | +1.7% | +$1.24M | ||
| 2022 | $71.73M | +7.2% | +$4.85M | ||
| 2021 | $66.88M | -39.0% | -$42.69M | ||
| 2020 | $109.56M | +26.0% | +$22.59M | ||
| 2019 | $86.97M | +208.1% | +$58.74M | ||
| 2018 | $28.23M | -2.2% | -$640,000 | ||
| 2017 | $28.87M | +1.6% | +$446,000 | ||
| 2016 | $28.43M | +200.9% | +$18.98M | ||
| 2015 | $9.45M | -37.3% | -$5.63M | ||
| 2014 | $15.07M | -43.3% | -$11.49M | ||
| 2013 | $26.57M | +83.3% | +$12.07M | ||
| 2012 | $14.49M | +51.7% | +$4.94M | ||
| 2011 | $9.55M | +97.8% | +$4.72M | ||
| 2010 | $4.83M | +78.1% | +$2.12M | ||
| 2009 | $2.71M | -66.8% | -$5.45M | ||
| 2008 | $8.16M | -45.5% | -$6.82M | ||
| 2007 | $14.97M | -64.1% | -$26.77M | ||
| 2006 | $41.74M | -3.0% | -$1.29M | ||
| 2005 | $43.03M | +110.8% | +$22.62M | ||
| 2004 | $20.41M | +31.9% | +$4.93M | ||
| 2003 | $15.47M | +9.2% | +$1.30M | ||
| 2002 | $14.17M | -5.7% | -$850,000 | ||
| 2001 | $15.02M | +59.5% | +$5.61M | ||
| 2000 | $9.41M | -51.5% | -$9.98M | ||
| 1999 | $19.40M | +592.9% | +$16.60M | ||
| 1998 | $2.80M | -47.2% | -$2.50M | ||
| 1997 | $5.30M | +47.2% | +$1.70M | ||
| 1996 | $3.60M | +44.0% | +$1.10M | ||
| 1995 | $2.50M | -16.7% | -$500,000 | ||
| 1994 | $3.00M | +66.7% | +$1.20M | ||
| 1993 | $1.80M | +28.6% | +$400,000 | ||
| 1992 | $1.40M | +180.0% | +$900,000 | ||
| 1991 | $500,000 | -16.7% | -$100,000 | ||
| 1990 | $600,000 | -76.0% | -$1.90M | ||
| 1989 | $2.50M | — | — |
CapEx values are taken from Toll Brothers's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
As of the 2025 fiscal year, Toll Brothers (TOL) reported capital expenditures of $86.19M – grew 17.0% year-over-year.
Through 2020–2025 (5 years), Toll Brothers capital expenditures delivered a -4.7% annualised rate; sustaining 4 straight years of year-over-year growth.
Toll Brothers capital expenditures peaked at $109.56M in 2020; the latest annual figure is $86.19M in 2025 (21.3% below peak).
2020 marks the peak capital expenditures at $109.56M, with the historical low of $500,000 recorded in 1991.
Among 8 Consumer Cyclical peers, Toll Brothers (TOL) ranks 9th; the peer median for capital expenditures is $3.52B.
Toll Brothers Capital Expenditures by Year
Toll Brothers Capital Expenditures 2025: $86.19M
Toll Brothers capital expenditures in 2025 was $86.19M, grew 17.0% from 2024.
Toll Brothers Capital Expenditures 2024: $73.64M
Toll Brothers capital expenditures in 2024 was $73.64M, edged up 0.9% from 2023.
Toll Brothers Capital Expenditures 2023: $72.96M
Toll Brothers capital expenditures in 2023 was $72.96M, edged up 1.7% from 2022.
Toll Brothers Capital Expenditures 2022: $71.73M
Toll Brothers capital expenditures in 2022 was $71.73M, grew 7.2% from 2021.
Toll Brothers Capital Expenditures 2021: $66.88M
Toll Brothers capital expenditures in 2021 was $66.88M.
See more financial history for Toll Brothers (TOL).
Sector peers — CapEx
Companies in the same sector as Toll Brothers, ranked by their latest capital expenditures.
| Company | Capital Expenditures | Sector |
|---|---|---|
| Amazon (AMZN) | $131.82B | Consumer Cyclical |
| Alibaba (BABA) | $126.94B | Consumer Cyclical |
| Tesla (TSLA) | $8.53B | Consumer Cyclical |
| Home Depot (HD) | $3.68B | Consumer Cyclical |
| McDonald's (MCD) | $3.37B | Consumer Cyclical |
| TJX Companies (TJX) | $1.96B | Consumer Cyclical |
| PDD Holdings (PDD) | $1.15B | Consumer Cyclical |
| Booking Holdings (BKNG) | $322.00M | Consumer Cyclical |
Frequently asked questions
What is Toll Brothers's capital expenditures?
Latest reported capital expenditures for Toll Brothers (TOL) is $96.61M (period ending April 30, 2026).
How has Toll Brothers capital expenditures changed year-over-year?
Toll Brothers (TOL) capital expenditures changed +17.0% year-over-year on the latest annual filing.
What is the long-term growth rate of Toll Brothers capital expenditures?
Toll Brothers (TOL) capital expenditures compound annual growth rate is -4.7% over the most recent 5 years available.
When did Toll Brothers capital expenditures hit its highest annual value?
Toll Brothers capital expenditures reached its highest annual value of $109.56M in 2020.
What was Toll Brothers capital expenditures in 2024?
Toll Brothers (TOL) capital expenditures in 2024 was $73.64M.
What was Toll Brothers capital expenditures in 2025?
Toll Brothers (TOL) capital expenditures in 2025 was $86.19M.
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