Toll Brothers Inc (TOL)

Operating 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
Operating income (ttm)	US$ in thousands	1,807,856	1,724,755	1,856,367	1,702,929	1,558,873	1,508,626	1,259,062	1,174,122	1,076,834	1,020,877	840,784	713,696	621,874	550,260	514,594	535,944	603,851	680,800	794,337	853,005
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
Operating profit margin		17.79%	17.26%	17.37%	16.23%	15.19%	14.68%	13.11%	12.54%	11.94%	11.61%	10.14%	9.28%	8.50%	7.76%	7.41%	7.59%	8.37%	9.38%	10.96%	11.51%

January 31, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $1,807,856K ÷ $10,162,620K
= 17.79%

Toll Brothers Inc.'s operating profit margin has shown a consistent increase over the past eight quarters, indicating improving operational efficiency and profitability. The company's operating profit margin has ranged from 14.58% to 17.79% during this time period. The latest figure for Q1 2024 stands at 17.79%, the highest level observed in the data provided. This upward trend suggests that Toll Brothers has been effectively managing its expenses and generating higher profits from its core business operations. It is essential to continue monitoring this metric to ensure sustained profitability and efficiency in the company's operations.