Toll Brothers Inc (TOL)

Net profit margin

		Oct 31, 2024	Oct 31, 2023	Oct 31, 2022	Oct 31, 2021	Oct 31, 2020
Net income	US$ in thousands	1,571,200	1,372,070	1,286,500	833,627	446,624
Revenue	US$ in thousands	10,846,700	9,994,940	10,275,600	8,755,150	7,088,190
Net profit margin		14.49%	13.73%	12.52%	9.52%	6.30%

October 31, 2024 calculation

Net profit margin = Net income ÷ Revenue
= $1,571,200K ÷ $10,846,700K
= 14.49%

The net profit margin of Toll Brothers Inc has shown a consistent upward trend over the past five fiscal years. From 6.30% in October 2020, the net profit margin has steadily increased to 14.49% in October 2024. This improvement indicates the company's ability to efficiently convert its revenue into net income after accounting for all expenses. The progressive ascent in net profit margin suggests effective cost management, revenue growth, or a combination of both. Overall, the rising trend in net profit margin reflects positively on Toll Brothers Inc's profitability and operational efficiency during the period under review.