Toll Brothers Inc (TOL)

Net profit margin

		Jan 31, 2024	Oct 31, 2023	Jul 31, 2023	Apr 30, 2023	Jan 31, 2023	Oct 31, 2022	Jul 31, 2022	Apr 30, 2022	Jan 31, 2022	Oct 31, 2021	Jul 31, 2021	Apr 30, 2021	Jan 31, 2021	Oct 31, 2020	Jul 31, 2020	Apr 30, 2020	Jan 31, 2020	Oct 31, 2019	Jul 31, 2019	Apr 30, 2019
Net income (ttm)	US$ in thousands	1,420,099	1,372,071	1,567,071	1,425,749	1,326,126	1,286,500	1,020,294	981,759	889,032	833,627	658,614	538,443	486,247	446,624	449,622	481,179	534,833	590,007	698,668	745,608
Revenue (ttm)	US$ in thousands	10,162,620	9,994,940	10,686,920	10,494,080	10,264,640	10,275,550	9,604,800	9,365,480	9,018,060	8,790,360	8,292,210	7,688,220	7,320,140	7,088,190	6,946,910	7,061,110	7,216,310	7,260,250	7,247,800	7,408,590
Net profit margin		13.97%	13.73%	14.66%	13.59%	12.92%	12.52%	10.62%	10.48%	9.86%	9.48%	7.94%	7.00%	6.64%	6.30%	6.47%	6.81%	7.41%	8.13%	9.64%	10.06%

January 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $1,420,099K ÷ $10,162,620K
= 13.97%

Based on the data provided, Toll Brothers Inc.'s net profit margin has shown a generally positive trend over the past eight quarters. The net profit margin for Q1 2024 stands at 13.97%, which is an improvement from the previous quarter in Q4 2023 at 13.73%. The highest net profit margin recorded in the dataset was in Q3 2023 at 14.66%, indicating strong profitability during that period.

Overall, Toll Brothers Inc. has been able to consistently maintain a double-digit net profit margin, reflecting effective cost management and revenue generation strategies. The company's profitability has been relatively stable, with fluctuations within a reasonable range. It is essential for investors and stakeholders to continue monitoring the net profit margin to assess Toll Brothers Inc.'s financial performance and sustainability in the competitive real estate market.