TTM
$1.62B
YoY change
-15.7%
5Y CAGR
+25.6%
Peak year (FY2024)
$2.04B
Cumulative operating income
$17.3B
Operating Income history chart for Toll Brothers (TOL) from 2016 to 2025
Latest: $1.72B
Operating Income growth chart for Toll Brothers (TOL) from 2016 to 2025
Latest: -15.7%
Operating Income history table for Toll Brothers (TOL) from 1985 to 2025
| FY2025 | $1.72B | -15.7% | -$320M | ||
| FY2024 | $2.04B | +18.3% | +$315M | ||
| FY2023 | $1.72B | +14.3% | +$216M | ||
| FY2022 | $1.51B | +47.8% | +$488M | ||
| FY2021 | $1.02B | +85.5% | +$471M | ||
| FY2020 | $550M | -19.2% | -$131M | ||
| FY2019 | $681M | -13.4% | -$105M | ||
| FY2018 | $786M | +21.9% | +$141M | ||
| FY2017 | $645M | +31.6% | +$155M | ||
| FY2016 | $490M | +9.7% | +$43.2M | ||
| FY2015 | $447M | +12.5% | +$49.6M | ||
| FY2014 | $397M | +97.6% | +$196M | ||
| FY2013 | $201M | +217.0% | +$138M | ||
| FY2012 | $63.4M | -232.8% | +$111M | ||
| FY2011 | -$47.7M | -72.6% | +$127M | ||
| FY2010 | -$174M | -66.3% | +$343M | ||
| FY2009 | -$517M | +29.1% | -$117M | ||
| FY2008 | -$401M | +9669.1% | -$396M | ||
| FY2007 | -$4.1M | -100.4% | -$1.03B | ||
| FY2006 | $1.03B | -18.5% | -$233M | ||
| FY2005 | $1.26B | +68.0% | +$509M | ||
| FY2004 | $749M | +52.4% | +$257M | ||
| FY2003 | $492M | +19.4% | +$79.7M | ||
| FY2002 | $412M | +21.9% | +$74M | ||
| FY2001 | $338M | +26.2% | +$70.2M | ||
| FY2000 | $268M | +38.0% | +$73.7M | ||
| FY1999 | $194M | +17.1% | +$28.3M | ||
| FY1998 | $166M | +20.9% | +$28.6M | ||
| FY1997 | $137M | +24.6% | +$27.1M | ||
| FY1996 | $110M | +8.3% | +$8.4M | ||
| FY1995 | $102M | +39.6% | +$28.8M | ||
| FY1994 | $72.8M | +24.7% | +$14.4M | ||
| FY1993 | $58.4M | +35.2% | +$15.2M | ||
| FY1992 | $43.2M | +191.9% | +$28.4M | ||
| FY1991 | $14.8M | -34.5% | -$7.8M | ||
| FY1990 | $22.6M | -14.4% | -$3.8M | ||
| FY1989 | $26.4M | -43.0% | -$19.9M | ||
| FY1988 | $46.3M | +25.5% | +$9.4M | ||
| FY1987 | $36.9M | +32.3% | +$9M | ||
| FY1986 | $27.9M | +253.2% | +$20M | ||
| FY1985 | $7.9M | — | — |
- FY2025$1.72B-15.7%
- FY2024$2.04B+18.3%
- FY2023$1.72B+14.3%
- FY2022$1.51B+47.8%
- FY2021$1.02B+85.5%
- FY2020$550M-19.2%
- FY2019$681M-13.4%
- FY2018$786M+21.9%
- FY2017$645M+31.6%
- FY2016$490M+9.7%
- FY2015$447M+12.5%
- FY2014$397M+97.6%
- FY2013$201M+217.0%
- FY2012$63.4M-232.8%
- FY2011-$47.7M-72.6%
- FY2010-$174M-66.3%
- FY2009-$517M+29.1%
- FY2008-$401M+9669.1%
- FY2007-$4.1M-100.4%
- FY2006$1.03B-18.5%
- FY2005$1.26B+68.0%
- FY2004$749M+52.4%
- FY2003$492M+19.4%
- FY2002$412M+21.9%
- FY2001$338M+26.2%
- FY2000$268M+38.0%
- FY1999$194M+17.1%
- FY1998$166M+20.9%
- FY1997$137M+24.6%
- FY1996$110M+8.3%
- FY1995$102M+39.6%
- FY1994$72.8M+24.7%
- FY1993$58.4M+35.2%
- FY1992$43.2M+191.9%
- FY1991$14.8M-34.5%
- FY1990$22.6M-14.4%
- FY1989$26.4M-43.0%
- FY1988$46.3M+25.5%
- FY1987$36.9M+32.3%
- FY1986$27.9M+253.2%
- FY1985$7.9M—
Operating Income values are taken from Toll Brothers's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Operating Income at Toll Brothers (TOL)
According to Toll Brothers's latest reported financial statements, the company's current operating income (TTM) is $1.62B. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Toll Brothers (TOL) most recent annual operating income stands at $1.72B (2025) – declined 15.7% year-over-year.
Looking at the 2020–2025 (5 years) stretch, Toll Brothers operating income compounded at +25.6% per year, with mixed annual results across the window.
Between 2024 and 2025, Toll Brothers operating income declined 15.7%, falling from $2.04B to $1.72B.
The record annual operating income stands at $2.04B, reached in 2024; the historical low of -$517M was recorded in 2009.
Toll Brothers Operating Income by Year
Toll Brothers Operating Income 2025: $1.72B
Toll Brothers posted operating income of $1.72B in 2025, declined 15.7% below 2024.
Toll Brothers Operating Income 2024: $2.04B
In 2024, Toll Brothers reported operating income of $2.04B, grew 18.3% from 2023. This figure represents the highest annual value in the available history.
Toll Brothers Operating Income 2023: $1.72B
Toll Brothers operating income in 2023 was $1.72B, grew 14.3% from 2022.
Toll Brothers Operating Income 2022: $1.51B
2022's operating income for Toll Brothers came in at $1.51B, surged 47.8% from 2021.
Toll Brothers Operating Income 2021: $1.02B
Toll Brothers operating income in 2021 was $1.02B.
See more financial history for Toll Brothers (TOL).
Sector peers by Operating Income
Consumer Cyclical peers of Toll Brothers (TOL), ranked by their latest operating income
| $80B | |
| $20.9B | |
| $13.1B | |
| $12.4B | |
| $9.28B | |
| $8.62B | |
| $7.18B | |
| $4.36B |
- $80B
- $20.9B
- $13.1B
- $12.4B
- $9.28B
- $8.62B
- $7.18B
- $4.36B
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