PHM vs TOL
PulteGroup Inc. and Toll Brothers, Inc., side by side — 9 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | PHM | TOL |
|---|---|---|
| Revenue | $17.3B | $11.0B |
| Net income | $2.2B | $1.3B |
| Gross margin | · | 25.1% |
| Net margin | 12.8% | 12.3% |
| Return on equity | 17.7% | 16.9% |
| Diluted EPS | $11.12 | $13.49 |
| Dividend / share | $0.92 | $0.98 |
| Payout ratio | 8.0% | 7.2% |
| Free cash flow | $1.7B | $1.0B |
| Equity | $13.0B | $8.3B |
| Net debt / equity | −0.15× | −0.12× |
| Current ratio | · | · |
| Revenue CAGR 5y | 9.4% | 9.2% |
| Profit CAGR 5y | 9.5% | 24.7% |
PHM bills 1.6× the revenue of TOL, and keeps more of each dollar of revenue as profit (12.8% against 12.3%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
9 years side by side
| Fiscal year | PHM | TOL |
|---|---|---|
| FY2025 | $17.3B | $11.0B |
| FY2024 | $17.9B | $10.8B |
| FY2023 | $16.1B | $10.0B |
| FY2022 | $16.0B | $10.3B |
| FY2021 | $13.7B | $8.8B |
| FY2020 | $11.0B | $7.1B |
| FY2019 | $10.2B | $7.2B |
| FY2018 | $10.2B | $7.1B |
| FY2017 | $8.6B | $5.8B |
Bottom line
| Fiscal year | PHM | TOL |
|---|---|---|
| FY2025 | $2.2B | $1.3B |
| FY2024 | $3.1B | $1.6B |
| FY2023 | $2.6B | $1.4B |
| FY2022 | $2.6B | $1.3B |
| FY2021 | $1.9B | $833.6M |
| FY2020 | $1.4B | $446.6M |
| FY2019 | $1.0B | $590.0M |
| FY2018 | $1.0B | $748.2M |
| FY2017 | $447.2M | $535.5M |
9 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$6,345,230,000 | PHM |
| FY2024 | +$7,100,210,000 | PHM |
| FY2023 | +$6,066,641,000 | PHM |
| FY2022 | +$5,727,421,000 | PHM |
| FY2021 | +$4,946,634,000 | PHM |
| FY2020 | +$3,958,423,000 | PHM |
| FY2019 | +$2,988,991,000 | PHM |
| FY2018 | +$3,045,073,000 | PHM |
| FY2017 | +$2,762,628,000 | PHM |
PHM has reported the higher revenue in every one of these 9 fiscal years. The gap has widened since the earliest year compared.
9 of 18 comparable fiscal years — a year missing data on either side is not counted.
9 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +0.5 pp | PHM |
| FY2024 | +2.7 pp | PHM |
| FY2023 | +2.5 pp | PHM |
| FY2022 | +3.8 pp | PHM |
| FY2021 | +4.7 pp | PHM |
| FY2020 | +6.4 pp | PHM |
| FY2019 | +1.8 pp | PHM |
| FY2018 | −0.4 pp | TOL |
| FY2017 | −4.0 pp | TOL |
The higher net margin has changed hands between PHM and TOL over this period.
9 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
PHM's net margin has been more volatile than TOL's over the 9 comparable fiscal years — 3.6 percentage points of standard deviation against 2.6.
9 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between PHM and TOL over these 9 fiscal years — PHM led in 7 and TOL in 2.
9 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
PHM's return on equity has been more volatile than TOL's over the 18 comparable fiscal years — 29.5 percentage points of standard deviation against 11.8.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between PHM and TOL over these 18 fiscal years — PHM led in 12 and TOL in 6.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.