Toll Brothers Inc (TOL)
Pretax margin
| Oct 31, 2024 | Oct 31, 2023 | Oct 31, 2022 | Oct 31, 2021 | Oct 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 2,085,640 | 1,842,370 | 1,703,730 | 1,100,320 | 586,901 |
| Revenue | US$ in thousands | 10,846,700 | 9,994,940 | 10,275,600 | 8,790,360 | 7,077,660 |
| Pretax margin | 19.23% | 18.43% | 16.58% | 12.52% | 8.29% |
October 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $2,085,640K ÷ $10,846,700K
= 19.23%
Toll Brothers Inc's pretax margin has shown a positive trend over the past five years, increasing from 8.28% in October 2020 to 19.23% in October 2024. This indicates that the company has been progressively improving its efficiency in managing operating expenses and generating profits before taxes. The consistent growth in pretax margin suggests that Toll Brothers has been successful in enhancing operational performance and financial health over the years. This trend is generally favorable for stakeholders as it signifies the company's ability to generate higher profits relative to its revenue, which is essential for sustainable growth and shareholder value creation.
Peer comparison
Oct 31, 2024