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Toll Brothers Debt-to-EBITDA

: 2.85 (As of Apr. 2022)
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Debt-to-EBITDA measures a company's ability to pay off its debt.

Toll Brothers's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2022 was $0 Mil. Toll Brothers's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2022 was $3,428 Mil. Toll Brothers's annualized EBITDA for the quarter that ended in Apr. 2022 was $1,202 Mil. Toll Brothers's annualized Debt-to-EBITDA for the quarter that ended in Apr. 2022 was 2.85.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Toll Brothers's Debt-to-EBITDA or its related term are showing as below:

TOL' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.57   Med: 6.3   Max: 16.62
Current: 2.57

During the past 13 years, the highest Debt-to-EBITDA Ratio of Toll Brothers was 16.62. The lowest was 2.57. And the median was 6.30.

TOL's Debt-to-EBITDA is ranked better than
51.58% of 95 companies
in the Homebuilding & Construction industry
Industry Median: 2.60 vs TOL: 2.57

Toll Brothers Debt-to-EBITDA Historical Data

The historical data trend for Toll Brothers's Debt-to-EBITDA 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 Annual Data
Trend Oct12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21
Debt-to-EBITDA
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.75 3.86 4.56 6.20 3.13

Toll Brothers Quarterly Data
Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22
Debt-to-EBITDA 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 Premium Member Only Premium Member Only Premium Member Only 4.62 2.86 1.76 4.43 2.85

Competitive Comparison

For the Residential Construction subindustry, Toll Brothers's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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 Debt-to-EBITDA Distribution

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

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



Toll Brothers Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Toll Brothers's Debt-to-EBITDA for the fiscal year that ended in Oct. 2021 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 3679.283) / 1176.565
=3.13

Toll Brothers's annualized Debt-to-EBITDA for the quarter that ended in Apr. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 3427.589) / 1202.06
=2.85

* 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.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Apr. 2022) EBITDA data.


Toll Brothers  (NYSE:TOL) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Toll Brothers Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Toll Brothers's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Toll Brothers Business Description

Toll Brothers logo
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 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
Kan Derek T. director TOLL BROTHERS, INC. 1140 VIRGINIA DRIVE FORT WASHINGTON PA 19034
Stowell Scott D director
East Stephen F. director TOLL BROTHERS, INC. 1140 VIRGINIA DRIVE FORT WASHINGTON PA 19034
Parahus Robert officer: EVP,Co-Chief Operating Officer TOLL BROTHERS, INC. 1140 VIRGINIA DRIVE FORT WASHINGTON PA 19034
Boyd James W. officer: EVP,Co-Chief Operating Officer TOLL BROTHERS, INC. 1140 VIRGINIA DRIVE FORT WASHINGTON PA 19034
Mcdonald John K. officer: SVP, General Counsel TOLL BROTHERS, INC. 250 GIBRALTAR ROAD HORSHAM PA 19044
Grimes Karen H. director TOLL BROTHERS, INC. 1140 VIRGINIA DRIVE FORT WASHINGTON PA 19034
Pritchett Wendell E. director TOLL BROTHERS, INC. 1140 VIRGINIA DRIVE FORT WASHINGTON PA 19034
Grubb Michael J. officer: Chief Accounting Officer TOLL BROTHERS, INC. 1140 VIRGINIA DRIVE FORT WASHINGTON PA 19034
Mclean John A director TOLL BROTHERS, INC. 1140 GIBRALTAR ROAD FORT WASHINGTON PA 19034
Hartman Richard T. officer: Chief Operating Officer 250 GIBRALTAR ROAD HORSHAM PA 19044
Connor Martin P. officer: Chief Financial Officer 250 GIBRALTAR ROAD HORSHAM PA 19044
Yearley Douglas C. Jr. officer: Executive Vice President 250 GIBRALTAR ROAD HORSHAM PA 19044
Garvey Christine director 14100 E 35TH PLACE AURORA CO 80011
Boehne Edward G director 313 DEVON STATE ST DEVON PA 19333

Toll Brothers Headlines

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