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What changed in Toll Brothers, Inc.'s latest annual report

In the year ended 31 Oct 2025, Toll Brothers, Inc.'s net income fell 14.3% to USD 1.35bn, from USD 1.57bn; total liabilities rose 9.7% to USD 6.23bn, from USD 5.68bn; total assets rose 8.6% to USD 14.52bn, from USD 13.37bn.

Year ended 31 Oct 2025. Source: 10-K filed 19 Dec 2025, read it on SEC EDGAR.

USD 1.57bn to USD 1.35bn

Net income, down 14.3% year on year

The figures, year on year

Annual figures as reported to the SEC, in US dollars. Changes are calculated from the two values.
ItemYear beforeLatest yearChange
Net income1.57bn1.35bnDown 14.3%
Total assets13.37bn14.52bnUp 8.6%
Total liabilities5.68bn6.23bnUp 9.7%
Cash and cash equivalents1.30bn1.26bnDown 3.4%
Shareholders' equity7.67bn8.27bnUp 7.8%

Questions people ask

Is Toll Brothers, Inc. profitable?

Yes. Net income was USD 1.35bn in the year ended 31 Oct 2025. The year before: USD 1.57bn.

How much cash and debt does Toll Brothers, Inc. have?

At its latest year end (31 Oct 2025), Toll Brothers, Inc. reported cash and cash equivalents of USD 1.26bn.

Where do these numbers come from?

From Toll Brothers, Inc.'s own annual filings with the SEC. Each change is calculated from the reported figures; nothing is estimated.

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Toll Brothers, Inc. (TOL) 10-K: what changed year on year | LYNORIQ Insights