How does Toll Brothers (TOL) make money?

Toll Brothers (TOL) primarily makes money through Home Building, which accounts for 96.5% of total revenue. For TTM through Q2 2026, Toll Brothers generated $11.05B in total revenue with a net profit margin of 11.7%.

What is Toll Brothers (TOL) gross profit margin?

Toll Brothers (TOL) reported a gross profit margin of 24.9% for TTM through Q2 2026, equivalent to $2.75B in gross profit. This means Toll Brothers retains 24.9% of each revenue unit after direct costs of production.

What is Toll Brothers (TOL) operating profit margin?

Toll Brothers (TOL) reported an operating profit margin of 14.6% for TTM through Q2 2026, equivalent to $1.62B in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.

What is Toll Brothers (TOL) net profit margin?

Toll Brothers (TOL) reported a net profit margin of 11.7% for TTM through Q2 2026, equivalent to $1.29B in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.

How much does Toll Brothers (TOL) spend on capital expenditures?

Toll Brothers (TOL) spent $96.61M on capital expenditures in TTM through Q2 2026 (0.9% of total revenue). Capital expenditures represent investments in physical assets such as property, equipment, and infrastructure.

What is Toll Brothers (TOL) free cash flow?

Toll Brothers (TOL) generated $1.22B in free cash flow for TTM through Q2 2026 (11.0% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.

What is Toll Brothers (TOL) effective tax rate?

Toll Brothers (TOL) had an effective tax rate of 25% for TTM through Q2 2026. This is the actual percentage of pre-tax income paid as income taxes.

What are Toll Brothers (TOL) main revenue segments?

Toll Brothers (TOL) reports revenue across 2 reportable product segments, led by Home Building at 96.5% of total revenue in TTM through Q2 2026. The full segment-by-segment breakdown is shown in the revenue-by-segment table on this page.

Where does Toll Brothers (TOL) generate most of its revenue?

Geographically, 29.4% of Toll Brothers (TOL) revenue came from Mountain in the most recent annual filing. The full regional split is shown in the revenue-by-geography table on this page.

How Toll Brothers (TOL) Makes Money: A Visual Guide

Toll Brothers (TOL) generated $11.05B in revenue, earning $1.29B in net profit (11.7% margin). Its largest revenue source is Home Building (96.5% of revenue). Below is an interactive breakdown of how revenue flows through the income statement.

In TTM through Q2 2026, Toll Brothers (TOL) generated revenue across 2 reportable product segments; the largest contributor was Home Building at 96.5%, followed by Land (3.5%). Geographically, Mountain accounted for 29.4% of revenue, followed by South (28.2%) and Pacific (21.9%).

Toll Brothers (TOL) Income Statement Flow — TTM through Q2 2026

Calculated from the four most recent reported quarters, ending April 30, 2026.

Toll Brothers (TOL) Revenue by Product Segment — TTM through Q2 2026

Home Building
Revenue
$10.66B
% of total
96.5%
Land
Revenue
$382.95M
% of total
3.5%
Total
Revenue
$11.05B
% of total
100%

Segment	Revenue	% of total
Home Building	$10.66B	96.5%
Land	$382.95M	3.5%
Total	$11.05B	100%

View Toll Brothers (TOL) revenue history

Toll Brothers (TOL) Revenue by Geography — TTM through Q2 2026

Aggregated across the four most recent quarters, matching the TTM through Q2 2026 income statement above. Region totals sum quarterly disclosures; minor differences vs the company's annual filing can occur if reported regions changed mid-year.

Mountain
Revenue
$4.03B
% of total
29.4%
South
Revenue
$3.85B
% of total
28.2%
Pacific
Revenue
$3.00B
% of total
21.9%
Mid-Atlantic
Revenue
$2.12B
% of total
15.5%
North
Revenue
$677.09M
% of total
4.9%
Corporate and Other
Revenue
$253.00K
% of total
0%
Total
Revenue
$13.68B
% of total
100%

Region	Revenue	% of total
Mountain	$4.03B	29.4%
South	$3.85B	28.2%
Pacific	$3.00B	21.9%
Mid-Atlantic	$2.12B	15.5%
North	$677.09M	4.9%
Corporate and Other	$253.00K	0%
Total	$13.68B	100%

View Toll Brothers (TOL) revenue history

Frequently asked questions

How does Toll Brothers (TOL) make money?: Toll Brothers (TOL) primarily makes money through Home Building, which accounts for 96.5% of total revenue. For TTM through Q2 2026, Toll Brothers generated $11.05B in total revenue with a net profit margin of 11.7%.
What is Toll Brothers (TOL) gross profit margin?: Toll Brothers (TOL) reported a gross profit margin of 24.9% for TTM through Q2 2026, equivalent to $2.75B in gross profit. This means Toll Brothers retains 24.9% of each revenue unit after direct costs of production.
What is Toll Brothers (TOL) operating profit margin?: Toll Brothers (TOL) reported an operating profit margin of 14.6% for TTM through Q2 2026, equivalent to $1.62B in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.
What is Toll Brothers (TOL) net profit margin?: Toll Brothers (TOL) reported a net profit margin of 11.7% for TTM through Q2 2026, equivalent to $1.29B in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.
How much does Toll Brothers (TOL) spend on capital expenditures?: Toll Brothers (TOL) spent $96.61M on capital expenditures in TTM through Q2 2026 (0.9% of total revenue). Capital expenditures represent investments in physical assets such as property, equipment, and infrastructure.
What is Toll Brothers (TOL) free cash flow?: Toll Brothers (TOL) generated $1.22B in free cash flow for TTM through Q2 2026 (11.0% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.
What is Toll Brothers (TOL) effective tax rate?: Toll Brothers (TOL) had an effective tax rate of 25% for TTM through Q2 2026. This is the actual percentage of pre-tax income paid as income taxes.
What are Toll Brothers (TOL) main revenue segments?: Toll Brothers (TOL) reports revenue across 2 reportable product segments, led by Home Building at 96.5% of total revenue in TTM through Q2 2026. The full segment-by-segment breakdown is shown in the revenue-by-segment table on this page.
Where does Toll Brothers (TOL) generate most of its revenue?: Geographically, 29.4% of Toll Brothers (TOL) revenue came from Mountain in the most recent annual filing. The full regional split is shown in the revenue-by-geography table on this page.

Data & methodology

What is a Sankey diagram?: A Sankey diagram shows how money flows through a company from revenue to net profit. The width of each flow represents its proportion.
How is the data calculated?: We use the income statement from company filings. For TTM (Trailing Twelve Months), we use a pre-aggregated twelve-month view aligned with our latest four quarterly periods. Revenue flows to cost of revenue and gross profit, then to operating expenses (R&D, S&M, G&A) and operating profit.
Where do segment and geographic numbers come from?: Product-segment shares come from the same TTM income statement that powers the Sankey chart. Geographic splits are first rebuilt from the four most recent quarterly geographic-segmentation filings so they align with the same TTM window; if quarterly geo data is missing, we fall back to the latest annual disclosure (the table heading shows which one is in use).
When was this data last updated?: Based on company filings through TTM through Q2 2026.