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Toll Brothers, Inc. (TOL)
NYSE: TOL · Real-Time Price · USD
146.22
+1.09 (0.75%)
At close: Aug 28, 2026, 4:00 PM EDT
145.50
-0.72 (-0.49%)
After-hours: Aug 28, 2026, 7:48 PM EDT

Toll Brothers Cash Flow Statement

Millions USD. Fiscal year is Nov - Oct.

Operating Activities

Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Oct '25 Oct '24 Oct '23 Oct '22 Oct '21
Net Income
1,3461,5711,3721,287833.63
Depreciation & Amortization
82.0981.276.4776.8276.25
Loss (Gain) From Sale of Assets
--5.04-0.420.58-38.71
Asset Writedown & Restructuring Costs
100.0472.7969.5439.5426.54
Loss (Gain) on Equity Investments
42.3663.1238.38.599.08
Stock-Based Compensation
30.8329.5624.8121.123.19
Other Operating Activities
87.48-81.8739.42-92.946.62
Change in Accounts Receivable
-24.810.51-135.92-95.02135.81
Change in Inventory
-521.18-575.73-22.21-618.83-196.23
Change in Accounts Payable
64.62-21.79-23.67152.5214.83
Change in Income Taxes
-21.1431.93-162.57160.525.13
Change in Other Net Operating Assets
-74.36-155.69-9.3847.44147
Operating Cash Flow
1,1121,0101,266986.821,303
Operating Cash Flow Growth
10.12%-20.23%28.34%-24.27%29.26%

Investing Activities

Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Oct '25 Oct '24 Oct '23 Oct '22 Oct '21
Capital Expenditures
-86.2-73.64-72.96-71.73-66.88
Sale of Property, Plant & Equipment
-1.1426.0528.3180.42
Investment in Securities
-222.16-91.87-103.69-109.96-18.43
Other Investing Activities
-1.68-3.24-0.20.65
Investing Cash Flow
-310.03-167.62-150.6-153.18-4.24

Financing Activities

Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Oct '25 Oct '24 Oct '23 Oct '22 Oct '21
Long-Term Debt Issued
5,0753,7453,0794,3053,158
Long-Term Debt Repaid
-5,129-3,845-3,639-4,766-3,719
Net Debt Issued (Repaid)
-53.5-100.09-560.28-461.41-561.2
Issuance of Common Stock
-4.1348.27-10.49
Repurchase of Common Stock
-670.94-627.06-561.6-543.43-378.26
Common Dividends Paid
-97.08-93.4-91.08-88.9-76.62
Other Financing Activities
-12.36-0.04-5.35-25.77-5.49
Financing Cash Flow
-833.88-816.46-1,170-1,120-1,011

Net Cash Flow

Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Oct '25 Oct '24 Oct '23 Oct '22 Oct '21
Net Cash Flow
-31.526.09-54.21-285.86287.81

Free Cash Flow

Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Oct '25 Oct '24 Oct '23 Oct '22 Oct '21
Free Cash Flow
1,026936.521,193915.091,236
Free Cash Flow Growth
9.58%-21.53%30.42%-25.98%37.58%
Free Cash Flow Margin
9.36%8.63%11.94%8.91%14.06%
Free Cash Flow Per Share
10.298.9510.757.769.83
Levered Free Cash Flow
849.77787.2985.53416.13742.87
Unlevered Free Cash Flow
849.77787.2985.53416.13742.87

Additional Metrics

Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Oct '25 Oct '24 Oct '23 Oct '22 Oct '21
Cash Income Tax Paid
372.36550.08584.7350.65229.74
Change in Working Capital
-576.87-720.78-353.76-353.41326.53
SEC Filings: 10-K · 10-Q