For the year ending 2025-10-31, TOL had -$31,497K decrease in cash & cash equivalents over the period. $1,026,216K in free cash flow.
| Cash Flow | 2025-10-31 |
|---|---|
| Net income | 1,346,486 |
| Depreciation and amortization | 82,085 |
| Stock-based compensation | 30,834 |
| (income) loss from unconsolidated entities | 19,054 |
| Distributions of earnings from unconsolidated entities | 61,411 |
| Deferred tax provision | 86,739 |
| Impairment charges and write-offs | 100,036 |
| Gain on sale of assets | 0 |
| Other - net | -740 |
| Inventory | 521,182 |
| Origination of mortgage loans | 2,645,984 |
| Sale of mortgage loans | 2,638,341 |
| Receivables, prepaid expenses, and other assets | 24,811 |
| Current income taxes net | 21,138 |
| Customer deposits net | -66,714 |
| Accounts payable and accrued expenses | 64,622 |
| Net cash provided by operating activities | 1,112,411 |
| Purchase of property, construction, and office equipment net | 86,195 |
| Investments in unconsolidated entities | 309,696 |
| Return of investments in unconsolidated entities | 82,188 |
| Proceeds from the sale of assets, including ownership interests in unconsolidated entities | 0 |
| Net increase in cash from consolidation of joint ventures | 5,348 |
| Other net | 1,678 |
| Net cash used in investing activities | -310,033 |
| Proceeds from issuance of senior notes | 498,180 |
| Proceeds from loans payable | 4,524,779 |
| Debt issuance costs | 12,994 |
| Principal payments of loans payable | 4,687,028 |
| Redemption of senior notes | 350,020 |
| (payments) proceeds related to stock-based benefit plans net | -19,923 |
| Proceeds related to sales to land bank programs | 52,070 |
| Payments related to repurchases from land bank programs | 91,485 |
| Purchase of treasury stock and excise tax payment | 651,016 |
| Dividends paid | 97,075 |
| Receipts related to noncontrolling interest net | 637 |
| Net cash used in financing activities | -833,875 |
| Net (decrease) increase in cash, cash equivalents, and restricted cash | -31,497 |
| Cash and cash equivalents at beginning of period | 1,370,435 |
| Cash and cash equivalents at end of period | 1,338,938 |
Toll Brothers, Inc. (TOL)
Toll Brothers, Inc. (TOL)