Preheat oven to 350°. Line 2 large baking sheet pans with parchment paper.

Add almonds to a skillet over medium heat. Stir until slightly golden brown and fragrant, about 5 minutes. Remove from heat.

Add peanut butter and honey to a large microwave safe bowl. Microwave for 30-45 seconds to loosen up and peanut butter is slightly melty. Whisk together until combined. Whisk in vanilla extract. Stir in oats until coated. Gently stir in M&M's, chocolate chips, and toasted almonds. Divide onto prepared baking pans, and spread out, leaving some clumps.

Bake for about 20-23 minutes, rotating pans halfway through if baking on different rack levels. Allow to cool completely before breaking into chunks. Granola will crisp as it cools.

Enjoy on it's own for a snack, or add it to vanilla yogurt or top your favorite ice cream. Store in an air tight container.