# Toll Brothers, Inc. (TOL) — Stock CV

Toll Brothers, Inc. is a $12.3B industrial company. Revenue shrank 20.9% over the last year, and it keeps 11¢ of every dollar of sales as profit. It trades at 10.2× earnings — around the middle of its own history.

> Toll Brothers is the leading luxury homebuilder in the United States with an average sale price well above that of public competitors. The company operates in over 60 markets across 24 states and caters to move-up, active-adult, and second-homebuyers.

## Identity

- **Ticker**: TOL
- **Sector**: Industrials
- **Industry**: Operative Builders
- **Headquarters**: FORT WASHINGTON, PA
- **Employees**: 4 900
- **Website**: https://www.tollbrothers.com
- **Market cap**: $12.3B
- **Last price**: $133.13
- **Financial profile**: Strained

## Vitals (TTM)

- **Revenue**: $10.8B
- **Net income**: $1.20B
- **Free cash flow**: $1.09B
- **P/E**: 10.2
- **Revenue growth (YoY)**: -20.9%

## Skills (profile scores, 0–100)

| Pillar | Score |
|---|---|
| Valuation | 87 |
| Growth | 62 |
| Profitability | 64 |
| Health | 25 |
| Quality | 72 |
| Moat | 74 |

## Qualifications (beginner checklist) — 9 of 11 passed

- [ ] Revenue growing — -20.9% YoY
- [x] Profitable — $1.20B TTM
- [x] Profit growing — +7.3% YoY
- [x] Generates cash — $1.09B TTM
- [x] Debt under control — current ratio 3.86
- [x] Established company — $12.3B market cap
- [x] Not printing shares — -24.0% shares over ~5y
- [x] Proven track record — 10/10 profitable years
- [ ] Financially stable — health score 25/100
- [x] Pays a dividend — yield 0.79%
- [x] Valuation not extreme — P/E 10.2

## Experience (career milestones)

- **FY2024** — Best year on record: $1.57B net income
- **FY2022** — Revenue crossed $10B: $10.3B for the year
- **FY2019** — Revenue crossed $1B: $7.22B for the year
- **FY2016** — Profitable every year on record: 10 consecutive profitable years in our data
- **FY2016** — Positive free cash flow every year since: 10-year streak
- **1967** — Toll Brothers was founded in 1967 in Pennsylvania by Robert I

## Strengths

- High returns on invested capital (ROIC 19.2%)

## Watch-outs

- Revenue shrinking 20.9% year over year
- Thin interest coverage (-8.7×)

## Track record

| Year | Revenue | Net income | Free cash flow |
|---|---|---|---|
| FY2021 | $8.79B | $834M | $1.24B |
| FY2022 | $10.3B | $1.29B | $915M |
| FY2023 | $9.99B | $1.37B | $1.19B |
| FY2024 | $10.8B | $1.57B | $937M |
| FY2025 | $11.0B | $1.35B | $1.03B |

---

Source: https://stockcv.com/TOL — derived from company filings; may be delayed or incomplete. Information, not investment advice.