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Operating Margin for Toll Brothers (TOL)

As of · Reported

Metric

TTM

14.6%

YoY change

−3.12pp

Trough year (2009)

-29.5%

Peak year (1987)

26.9%

Operating Margin history chart for Toll Brothers (TOL) from 1985 to 2025

Latest: 15.7%

Operating Margin change chart for Toll Brothers (TOL) from 1985 to 2025

Latest: −3.12pp

Operating Margin history table for Toll Brothers (TOL) from 1985 to 2025

  • 202515.7%-3.12pp
  • 202418.8%+1.55pp
  • 202317.3%+2.57pp
  • 202214.7%+3.07pp
  • 202111.6%+3.84pp
  • 20207.8%-1.65pp
  • 20199.4%-1.58pp
  • 201811.0%-0.08pp
  • 201711.1%+1.61pp
  • 20169.5%-1.23pp
  • 201510.7%+0.56pp
  • 201410.2%+2.64pp
  • 20137.5%+4.15pp
  • 20123.4%+6.60pp
  • 2011-3.2%+8.42pp
  • 2010-11.7%+17.80pp
  • 2009-29.5%-16.78pp
  • 2008-12.7%-12.59pp
  • 2007-0.1%-16.84pp
  • 200616.7%-4.97pp
  • 200521.7%+2.48pp
  • 200419.2%+1.52pp
  • 200317.7%+0.03pp
  • 200217.7%+2.53pp
  • 200115.2%+0.32pp
  • 200014.8%+1.50pp
  • 199913.3%-0.41pp
  • 199813.7%-0.37pp
  • 199714.1%-0.35pp
  • 199614.5%-1.26pp
  • 199515.7%+1.21pp
  • 199414.5%-0.37pp
  • 199314.9%-0.56pp
  • 199215.4%+7.03pp
  • 19918.4%-2.99pp
  • 199011.4%-3.53pp
  • 198914.9%-8.20pp
  • 198823.1%-3.77pp
  • 198726.9%+4.86pp
  • 198622.0%+11.71pp
  • 198510.3%—

Operating Margin 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 Margin at Toll Brothers (TOL)

According to Toll Brothers's latest reported financial statements, the company's latest reported operating margin is 14.6%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

In 2025, Toll Brothers (TOL) operating margin totalled 15.69% – contracted 3.1 percentage points year-over-year.

26.90% stands as the all-time-high annual operating margin, posted in 1987, against a low of -29.46% during 2009.

Toll Brothers Operating Margin by Year

Toll Brothers Operating Margin 2025: 15.7%

2025's operating margin for Toll Brothers came in at 15.69%, contracted 3.1 percentage points from 2024.

Toll Brothers Operating Margin 2024: 18.8%

Toll Brothers posted operating margin of 18.81% in 2024, expanded 1.6 percentage points from 2023.

Toll Brothers Operating Margin 2023: 17.3%

In 2023, Toll Brothers reported operating margin of 17.26%, expanded 2.6 percentage points from 2022.

Toll Brothers Operating Margin 2022: 14.7%

Toll Brothers operating margin in 2022 was 14.68%, expanded 3.1 percentage points from 2021.

Toll Brothers Operating Margin 2021: 11.6%

Toll Brothers operating margin in 2021 was 11.61%.

See more financial history for Toll Brothers (TOL).

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Consumer Cyclical peers of Toll Brothers (TOL), ranked by their latest operating margin

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