Toll Brothers Inc (TOL)
Return on equity (ROE)
| Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 1,571,195 | 1,541,322 | 1,581,500 | 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 |
| Total stockholders’ equity | US$ in thousands | 7,670,930 | 7,414,860 | 7,307,970 | 7,019,270 | 6,797,160 | 6,693,390 | 6,420,220 | 6,201,350 | 6,006,090 | 5,523,270 | 5,363,890 | 5,255,870 | 5,295,020 | 5,034,910 | 4,913,070 | 4,786,840 | 4,875,240 | 4,675,070 | 4,564,520 | 4,655,550 |
| ROE | 20.48% | 20.79% | 21.64% | 20.23% | 20.19% | 23.41% | 22.21% | 21.38% | 21.42% | 18.47% | 18.30% | 16.92% | 15.74% | 13.08% | 10.96% | 10.16% | 9.16% | 9.62% | 10.54% | 11.49% |
October 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $1,571,195K ÷ $7,670,930K
= 20.48%
In analyzing Toll Brothers Inc's return on equity (ROE) over the past several periods, we observe fluctuations in the ratio. ROE is a key financial metric that measures a company's profitability and efficiency in generating returns for its shareholders.
From October 2020 to October 2024, Toll Brothers Inc's ROE ranged from 9.16% to 21.64%. The trend shows a gradual improvement in ROE from 9.16% in January 2021 to the peak of 21.64% in April 2024, before experiencing a slight decrease in the subsequent quarter.
The company's ROE exceeded 20% in several periods, suggesting that Toll Brothers Inc has been effectively utilizing its equity to generate profits for its shareholders. The variations in ROE could be attributed to factors such as changes in net income, equity structure, and asset management efficiency.
Overall, the trend in Toll Brothers Inc's ROE reflects a relatively healthy financial performance, with the company consistently delivering returns above single-digit percentages, indicating efficient management of shareholder funds and potential for future growth.
Peer comparison
Oct 31, 2024