Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Toll Brothers's Enterprise Value is $16,850 Mil.
Toll Brothers's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 was $1,623 Mil. Therefore, Toll Brothers's EV-to-EBIT ratio for today is 10.38.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Toll Brothers's Enterprise Value is $16,850 Mil.
Toll Brothers's EBITDA for the trailing twelve months (TTM) ended in Apr. 2026 was $1,667 Mil. Therefore, Toll Brothers's EV-to-EBITDA ratio for today is 10.11.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Toll Brothers's Enterprise Value is $16,850 Mil.
Toll Brothers's Revenue for the trailing twelve months (TTM) ended in Apr. 2026 was $11,045 Mil. Therefore, Toll Brothers's EV-to-Revenue ratio for today is 1.53.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Toll Brothers's Enterprise Value is $16,850 Mil.
Toll Brothers's Free Cash Flow for the trailing twelve months (TTM) ended in Apr. 2026 was $1,215 Mil. Therefore, Toll Brothers's EV-to-FCF ratio for today is 13.86.
*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.
Toll Brothers (NYSE:TOL) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
Toll Brothers's current Enterprise Value is $16,850 Mil.
Toll Brothers's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,623 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Toll Brothers's current Enterprise Value is $16,850 Mil.
Toll Brothers's EBITDA for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,667 Mil.
Toll Brothers's current Enterprise Value is $16,850 Mil.
Toll Brothers's Revenue for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $11,045 Mil.
Toll Brothers's current Enterprise Value is $16,850 Mil.
Toll Brothers's Cash Flow from Operations for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,312 Mil.
Toll Brothers's current Enterprise Value is $16,850 Mil.
Toll Brothers's Free Cash Flow for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,215 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 Enterprise Value Related Terms
Toll Brothers Enterprise Value Historical Data
* Premium members only.
The historical data trend for Toll Brothers's Enterprise Value 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.
TOL vs NVR, IBP, TMHC: Enterprise Value Comparison
For the Residential Construction subindustry, Toll Brothers's Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Enterprise Value vs Homebuilding & Construction Industry
For the Homebuilding & Construction industry and Consumer Cyclical sector, Toll Brothers's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Toll Brothers's Enterprise Value falls into.
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Toll Brothers's Enterprise Value for the fiscal year that ended in Oct. 2025 is calculated as
* 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 (TOL) has a Enterprise Value of $16,850 Mil as of Jun. 24, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Toll Brothers and its competitors.
Is Toll Brothers' Enterprise Value too high?
Toll Brothers' current Enterprise Value is $16,850 Mil. Overall, Toll Brothers has a GF Score™ of 94/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Toll Brothers' Enterprise Value compare to NVR and IBP?
Toll Brothers' Enterprise Value of $16,850 Mil can be compared against companies in the Homebuilding & Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Homebuilding & Construction company?
A good Enterprise Value depends on the Homebuilding & Construction industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Toll Brothers and its competitors. Toll Brothers's current Enterprise Value is $16,850 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toll Brothers stock overvalued right now?
Based on GuruFocus' analysis, Toll Brothers (TOL) is currently considered Modestly Overvalued. The stock's GF Value™ is $136.84, compared to a current price of $160.71 — trading 17.4% above its estimated fair value. The current Enterprise Value is $16,850 Mil. Toll Brothers' overall GF Score™ is 94/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Toll Brothers (TOL), the current Enterprise Value is $16,850 Mil as of Jun. 24, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Toll Brothers (TOL) Overvalued in 2026?
Based on GuruFocus' analysis, Toll Brothers stock appears to be overvalued.
The current stock price of $160.71 is trading 17.4% above its estimated GF Value™ of $136.84.
GuruFocus considers Toll Brothers to be Modestly Overvalued.
Key valuation signals for TOL:
Enterprise Value: $16,850 Mil
GF Value™: $136.84 vs. price of $160.71 (17.4% above fair value)
No single metric tells the full story. See the TOL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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-homebuyers. Toll Brothers consistently ranks as a top 10 builder within the US according to total home closings. Traditional homebuilding operations represent most of the company's revenue. Toll Brothers also builds luxury for-sale and for-rent properties in urban centers across the US It has its headquarters in Horsham, Pennsylvania.
94GF Score
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