Toll Brothers Inc (TOL)
Operating profit margin
Oct 31, 2024 | Oct 31, 2023 | Oct 31, 2022 | Oct 31, 2021 | Oct 31, 2020 | ||
---|---|---|---|---|---|---|
Operating income | US$ in thousands | 2,040,190 | 1,724,760 | 1,508,630 | 1,020,880 | 550,260 |
Revenue | US$ in thousands | 10,846,700 | 9,994,940 | 10,275,600 | 8,755,150 | 7,088,190 |
Operating profit margin | 18.81% | 17.26% | 14.68% | 11.66% | 7.76% |
October 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $2,040,190K ÷ $10,846,700K
= 18.81%
The operating profit margin of Toll Brothers Inc has shown a consistent upward trend over the past five years, reflecting improved operational efficiency and profitability. The margin has steadily increased from 7.76% in October 2020 to 18.81% in October 2024. This signifies that the company has been able to effectively control its operating expenses relative to its revenue, resulting in a higher proportion of sales being converted into operating profits. The continuous expansion of the operating profit margin indicates a positive trajectory for Toll Brothers Inc's financial performance and suggests a strong ability to generate profits from its core business operations.
Peer comparison
Oct 31, 2024