Toll Brothers Inc (TOL)
Operating profit margin
| Oct 31, 2023 | Oct 31, 2022 | Oct 31, 2021 | Oct 31, 2020 | Oct 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 1,724,760 | 1,508,630 | 1,020,880 | 550,260 | 680,800 |
| Revenue | US$ in thousands | 9,994,940 | 10,275,600 | 8,755,150 | 7,088,190 | 7,260,240 |
| Operating profit margin | 17.26% | 14.68% | 11.66% | 7.76% | 9.38% |
October 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $1,724,760K ÷ $9,994,940K
= 17.26%
The operating profit margin of Toll Brothers Inc. has shown a consistent upward trend over the past five years. In the most recent fiscal year ending October 31, 2023, the operating profit margin was 17.26%, marking a significant improvement from 14.68% in the previous year and 13.79% in the year before that. This indicates that the company has been effectively controlling its operating costs and expenses relative to its revenue.
The steady increase in the operating profit margin reflects improved operational efficiency and cost management within the company. This trend suggests that Toll Brothers Inc. has been able to generate higher operating profits for every dollar of sales, indicating increased profitability and potentially greater financial stability. Overall, the improving operating profit margin demonstrates the company's ability to optimize its operations and generate stronger returns from its core business activities.
Peer comparison
Oct 31, 2023