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Toll Brothers (Toll Brothers) EBIT : $1,808 Mil (TTM As of Jan. 2024)


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What is Toll Brothers EBIT?

Toll Brothers's earnings before interest and taxes (EBIT) for the three months ended in Jan. 2024 was $308 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jan. 2024 was $1,808 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Toll Brothers's annualized ROC % for the quarter that ended in Jan. 2024 was 9.90%. Toll Brothers's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was 15.03%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Toll Brothers's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was 12.63%.


Toll Brothers EBIT Historical Data

The historical data trend for Toll Brothers's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Toll Brothers EBIT Chart

Toll Brothers Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 787.17 589.34 1,020.88 1,508.63 1,724.76

Toll Brothers Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 225.31 425.71 515.11 558.62 308.42

Competitive Comparison of Toll Brothers's EBIT

For the Residential Construction subindustry, Toll Brothers's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Toll Brothers's EV-to-EBIT Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Toll Brothers's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Toll Brothers's EV-to-EBIT falls into.



Toll Brothers EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,808 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Toll Brothers  (NYSE:TOL) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Toll Brothers's annualized ROC % for the quarter that ended in Jan. 2024 is calculated as:

ROC % (Q: Jan. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Oct. 2023 ) + Invested Capital (Q: Jan. 2024 ))/ count )
=1233.66 * ( 1 - 23.01% )/( (9303.776 + 9876.783)/ 2 )
=949.794834/9590.2795
=9.90 %

where

Invested Capital(Q: Oct. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=12527.018 - 1923.174 - ( 1300.068 - max(0, 2516.799 - 10776.746+1300.068))
=9303.776

Invested Capital(Q: Jan. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=12521.955 - 1890.379 - ( 754.793 - max(0, 2479.522 - 10722.51+754.793))
=9876.783

Note: The Operating Income data used here is four times the quarterly (Jan. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

Toll Brothers's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jan. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Oct. 2023  Q: Jan. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1233.66/( ( (426.777 + max(7515.156, 0)) + (424.536 + max(8051.229, 0)) )/ 2 )
=1233.66/( ( 7941.933 + 8475.765 )/ 2 )
=1233.66/8208.849
=15.03 %

where Working Capital is:

Working Capital(Q: Oct. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(691.256 + 9057.578 + 283.121) - (1923.174 + 593.625 + 0)
=7515.156

Working Capital(Q: Jan. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(702.03 + 9581.482 + 247.239) - (1890.379 + 589.143 + 0)
=8051.229

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jan. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Toll Brothers's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jan. 2024 )
=1807.856/14317.769
=12.63 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Toll Brothers EBIT Related Terms

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Toll Brothers (Toll Brothers) Business Description

Traded in Other Exchanges
Address
1140 Virginia Drive, Fort Washington, PA, USA, 19034
Toll Brothers is the leading luxury homebuilder in the United States with an average sale price well above public competitors'. The company operates in over 60 markets across 24 states and caters to move-up, active-adult, and second-home buyers. Traditional homebuilding operations represent most of company's revenue. Toll Brothers also builds luxury for-sale and for-rent properties in urban centers across the U.S. It has its headquarters in Horsham, Pennsylvania.
Executives
Paul E Shapiro director
Martin P. Connor officer: Chief Financial Officer 1140 VIRGINIA DRIVE, FORT WASHINGTON PA 19034
John A Mclean director TOLL BROTHERS, INC., 1140 GIBRALTAR ROAD, FORT WASHINGTON PA 19034
Yearley Douglas C. Jr. officer: Executive Vice President 250 GIBRALTAR ROAD, HORSHAM PA 19044
Carl B Marbach director 17730 SCARSDALE WAY, BOCA RATON FL 33496
Robert Parahus officer: EVP,Co-Chief Operating Officer TOLL BROTHERS, INC., 1140 VIRGINIA DRIVE, FORT WASHINGTON PA 19034
Michael J. Grubb officer: Chief Accounting Officer TOLL BROTHERS, INC., 1140 VIRGINIA DRIVE, FORT WASHINGTON PA 19034
Christine Garvey director 14100 E 35TH PLACE, AURORA CO 80011
Derek T. Kan director TOLL BROTHERS, INC., 1140 VIRGINIA DRIVE, FORT WASHINGTON PA 19034
Richard J Braemer director 324 SPRUCE ST, PHILADELPHIA PA 19106
Scott D Stowell director
Robert I Toll director, 10 percent owner, officer: Chief Executive Officer 1140 VIRGINIA DRIVE, FORT WASHINGTON PA 19006
Edward G Boehne director 313 DEVON STATE ST, DEVON PA 19333
Stephen F. East director TOLL BROTHERS, INC., 1140 VIRGINIA DRIVE, FORT WASHINGTON PA 19034
James W. Boyd officer: EVP,Co-Chief Operating Officer TOLL BROTHERS, INC., 1140 VIRGINIA DRIVE, FORT WASHINGTON PA 19034