Toll Brothers Gross Margin 2010-2024 | TOL
- Toll Brothers average gross margin for 2023 was 25.59%, a 10.64% increase from 2022.
- Toll Brothers average gross margin for 2022 was 23.13%, a 9.99% increase from 2021.
- Toll Brothers average gross margin for 2021 was 21.03%, a 0.33% increase from 2020.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.