{
  "url": "https://struct.news/briefs/toll-brothers-made-less-profit-and-more-cash-as-impairment-charges-hit-margins",
  "title": "Toll Brothers made less profit and more cash as impairment charges hit margins",
  "summary": "Operating cash flow rose to $392.1 million over nine months even as operating income fell 26.4% amid disclosed mix shifts and impairment charges.",
  "published_at": "2026-08-28T20:27:55.283011+00:00",
  "publisher": "Struct",
  "usage": "Figures are as reported by the company. Quote with attribution to the source filing.",
  "company": {
    "name": "Toll Brothers, Inc.",
    "ticker": "TOL",
    "cik": "794170",
    "sector": "Consumer Cyclical",
    "industry": "Residential Construction"
  },
  "source_filing": {
    "form": "10-Q",
    "filed": "2026-08-28",
    "accession": "0000794170-26-000102",
    "url": "https://www.sec.gov/Archives/edgar/data/794170/000079417026000102/tol-20260731.htm"
  },
  "comparison_filing": {
    "form": "10-Q",
    "filed": "2025-08-28",
    "url": "https://www.sec.gov/Archives/edgar/data/794170/000079417025000066/tol-20250731.htm"
  },
  "reported_figures": [
    {
      "group": "Toll Brothers valuation",
      "label": "P/E",
      "value": 10.752753311211553,
      "display": "10.8x",
      "unit": "multiple",
      "period": "2025-10-31",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0000794170-26-000102",
        "filing_date": "2026-08-28"
      }
    },
    {
      "group": "Toll Brothers valuation",
      "label": "Cash-flow yield",
      "value": 7.683228513630611,
      "display": "+7.7%",
      "unit": "percent",
      "period": "2025-10-31",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0000794170-26-000102",
        "filing_date": "2026-08-28"
      }
    },
    {
      "group": "Toll Brothers valuation",
      "label": "EV / sales",
      "value": 1.205413394229069,
      "display": "1.2x",
      "unit": "multiple",
      "period": "2025-10-31",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0000794170-26-000102",
        "filing_date": "2026-08-28"
      }
    }
  ],
  "watch_next": [
    {
      "type": "demand",
      "statement": "Net contracts signed increased as management cited improving demand and more selling communities, even as nine-month revenue declined.",
      "importance": "medium",
      "evidence": "The increase in the number of net contracts signed in the fiscal 2026 periods was primarily due to improving demand and an increase in the average number of selling communities.",
      "source_date": "2026-08-28"
    },
    {
      "type": "pricing",
      "statement": "Average delivered-home prices increased primarily because of mix, while mix shifts raised home-sales cost as a percentage of revenue.",
      "importance": "medium",
      "evidence": "The average price of homes delivered in each fiscal 2026 period increased compared to the corresponding fiscal 2025 period primarily due to mix.",
      "source_date": "2026-08-28"
    }
  ],
  "related_tickers": [
    "TOL"
  ],
  "disclaimer": "Descriptive reporting of filed results. Not investment advice, and contains no forecast or recommendation."
}