Toll BrothersFRA:TLK +1.84%93 Dividend Payout Ratio is 0.09 as of Apr. 2026, which is 13% above its 10-year median of 0.08. GuruFocus rates FRA:TLK with a GF Score™ of 93/100 and a GF Value™ of €119.51 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 51 Homebuilding & Construction companies, Toll Brothers ranks better than 94.12% on this metric.
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Toll Brothers's Dividend Payout Ratio for the
months ended in Apr. 2026 was 0.09.
The historical rank and industry rank for Toll Brothers's Dividend Payout Ratio or its related term are showing as below:
FRA:TLK'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.06 Med: 0.08 Max: 0.13
Current: 0.08
During the past 13 years, the highest Dividend Payout Ratio of Toll Brothers was 0.13. The lowest was 0.06. And the median was 0.08.
FRA:TLK's Dividend Payout Ratio is ranked better than 94.12% of 51
companies
in the Homebuilding & Construction industry
Industry Median: 0.39
vs FRA:TLK: 0.08
During the past 12 months, Toll Brothers's average Dividends Per Share Growth Rate was 7.40% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 8.40% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 16.00% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Toll Brothers was 23.60% per year. The lowest was 8.40% per year. And the median was 17.65% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
Toll Brothers (FRA:TLK) Dividend Payout Ratio Explanation
In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Toll Brothers Dividend Payout Ratio Related Terms
Toll Brothers Dividend Payout Ratio Historical Data
* Premium members only.
The historical data trend for Toll Brothers's Dividend Payout Ratio 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.
FRA:TLK vs NVR, LEN, TMHC: Dividend Payout Ratio Comparison
For the Residential Construction subindustry, Toll Brothers's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio vs Homebuilding & Construction Industry
For the Homebuilding & Construction industry and Consumer Cyclical sector, Toll Brothers's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Toll Brothers's Dividend Payout Ratio falls into.
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.
Toll Brothers's Dividend Payout Ratio 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 (FRA:TLK) has a Dividend Payout Ratio of 0.09 as of Apr. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Toll Brothers and its competitors. This is 13% above median its historical median of 0.08. Over the past decade, Toll Brothers' Dividend Payout Ratio has ranged from 0.06 to 0.13. According to the industry distribution chart, Toll Brothers ranks #3 out of 51 companies in the Homebuilding & Construction industry, placing it in the top 5.9%.
Is Toll Brothers' Dividend Payout Ratio too high?
Toll Brothers' current Dividend Payout Ratio of 0.09 is 13% above median its 10-year median of 0.08. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 0.13. The Homebuilding & Construction industry median Dividend Payout Ratio is 0.39. Toll Brothers' value of 0.09 is 76.9% below this industry median. Based on the distribution chart, Toll Brothers ranks #3 out of 51 companies in the Homebuilding & Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Toll Brothers has a GF Score™ of 93/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Toll Brothers' Dividend Payout Ratio compare to NVR and LEN?
According to the Homebuilding & Construction industry distribution chart, Toll Brothers ranks #3 out of 51 companies for Dividend Payout Ratio. This places Toll Brothers in the top 6% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.39. Toll Brothers' value of 0.09 is 76.9% below this benchmark. Historically, Toll Brothers' own Dividend Payout Ratio has ranged from 0.06 to 0.13 over the past decade. While the company's 10-year median is 0.08 vs. the industry median of 0.39, Toll Brothers has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a Homebuilding & Construction company?
The median Dividend Payout Ratio among Homebuilding & Construction companies is 0.39, based on 51 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Toll Brothers's current Dividend Payout Ratio of 0.09 is 76.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Toll Brothers and its competitors. For the Homebuilding & Construction industry, the median Dividend Payout Ratio is 0.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toll Brothers's current Dividend Payout Ratio is 0.09, which is 13% above median its own 10-year median of 0.08. 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 (FRA:TLK) is currently considered Modestly Overvalued. The stock's GF Value™ is €119.51, compared to a current price of €144.00 — trading 20.5% above its estimated fair value. The current Dividend Payout Ratio is 0.09, which is 13% above median its 10-year median of 0.08 and 76.9% below the Homebuilding & Construction industry median of 0.39. Toll Brothers' overall GF Score™ is 93/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Toll Brothers (FRA:TLK), the current Dividend Payout Ratio is 0.09 as of Apr. 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 (FRA:TLK) Overvalued in 2026?
Based on GuruFocus' analysis, Toll Brothers stock appears to be overvalued.
The current stock price of €144.00 is trading 20.5% above its estimated GF Value™ of €119.51.
GuruFocus considers Toll Brothers to be Modestly Overvalued.
Key valuation signals for FRA:TLK:
Dividend Payout Ratio: 0.09 (13% above median its 10-year median of 0.08)
GF Value™: €119.51 vs. price of €144.00 (20.5% above fair value)
Industry Position: 76.9% below the Homebuilding & Construction median (#3 of 51)
No single metric tells the full story. See the FRA:TLK 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.
93GF Score
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Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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