What is Toast's P/E ratio?

Toast (TOST) P/E ratio is 47.2× as of July 31, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month earnings (net income), using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

How is the P/E ratio calculated?

P/E = Share Price ÷ Trailing Twelve-Month (TTM) Diluted EPS, or equivalently Market Capitalisation ÷ TTM Net Income. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

What is a good P/E ratio for Toast?

There is no universal "good" P/E. As a rule of thumb, the S&P 500 has historically averaged a P/E in the mid-to-high teens; mature, slow-growth businesses commonly trade in the 10–18× range, while high-growth or asset-light companies often trade at 25–50×+. What matters is the comparison to sector peers and to the company's own historical range. For Toast specifically, the relevant sector benchmark is the current sector median of 32.0×.

Is Toast's P/E ratio high or low?

Toast's P/E ratio of 47.2× is below its own 5-year average of 250.7× and above the sector median of 32.0×. That places the current reading at the 19th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

What is Toast's historical P/E ratio range?

In the available daily series, Toast (TOST) P/E ratio has ranged from a low of 32.6× in 2026 to a high of 1218.9× in 2025. The 5-year average is 250.7× and the 5-year median is 96.5×.

What was Toast's P/E ratio in 2025?

Toast (TOST) P/E ratio at the end of 2025 was 61.1×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month earnings figure available at that date.

Why does Toast's P/E ratio change over time?

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (earnings). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.

Toast (TOST) P/E Ratio — Historical Price-to-Earnings

Current

47.2×

As of Jul 31, 2026

5-Year Average

250.7×

All-Time High

1218.9×

Feb 28, 2025

All-Time Low

32.6×

May 13, 2026

P/E Ratio daily chart for Toast (TOST)

Sep 22, 2021 – Jul 31, 2026 · 1,219 trading days

P/E ratio is not shown for periods when TTM earnings were negative.

Historical P/E Ratio for Toast (TOST) from 2020 to 2025


2025	$20.9B	$342M	61.1×	-1030.5×	Dec 31, 2025
2024	$20.7B	$19M	1091.6×	—	Dec 31, 2024
2023	$9.88B	-$246M	—	—	Dec 31, 2023
2022	$9.35B	-$275M	—	—	Dec 31, 2022
2021	$17.4B	-$488M	—	—	Dec 31, 2021
2020	$28.8B	-$248M	—	—	Dec 31, 2020

202561.1×
20241091.6×
2023—
2022—
2021—
2020—

About P/E Ratio at Toast (TOST)

Toast (TOST) P/E ratio is 47.2× as of July 31, 2026. The 5-year average is 250.7×. The sector median currently stands at 32.0×. The current ratio is at the 19th percentile of its own 10-year history.

Toast (TOST) historical P/E ratio has ranged from a low of 32.6× (2026) to a high of 1218.9× (2025) in the available daily series.

The price-to-earnings (P/E) ratio, also called the earnings multiple, measures how much investors pay per dollar of a company's trailing twelve-month (TTM) earnings. It is calculated as share price ÷ TTM diluted EPS (equivalent to market capitalisation ÷ TTM net income). A higher P/E implies the market is pricing in stronger future earnings growth or lower risk; a lower P/E can signal slower expected growth, higher risk, or potential undervaluation.

Toast P/E Ratio by Year

Toast P/E Ratio 2025: 61.1×

Toast (TOST) P/E ratio in 2025 was 61.1×, contracted from 1091.6× the prior year.

Toast P/E Ratio 2024: 1091.6×

Toast (TOST) P/E ratio in 2024 was 1091.6×.

Calculate P/E ratio yourself.

Sector peers by P/E Ratio — chart

Current ratio vs. sector peers. Highlighted bar is this company.

Sector peers by P/E Ratio — table

Technology peers of Toast (TOST), ranked by P/E ratio.


NetApp (NTAP)	16.8×
Corpay (CPAY)	16.7×
Ondas Holdings (ONDS)	16.4×
Dell Technologies (DELL)	16.2×
Western Digital (WDC)	15.7×
Accenture (ACN)	15.4×
CDW (CDW)	14.5×
Adobe (ADBE)	14.4×
Leidos Holdings (LDOS)	14.1×
Roper Technologies (ROP)	13.8×
Zoom Communications (ZM)	13.8×
Paycom Software (PAYC)	13.2×
Elastic N.V. (ESTC)	13.2×
First Solar (FSLR)	12.7×
GoDaddy (GDDY)	12.7×
Gen Digital (GEN)	11.7×
Duolingo (DUOL)	10.9×
Super Micro Computer (SMCI)	10.9×
Science Applications International (SAIC)	10.3×
Fiserv (FISV)	9.3×
Fidelity National Information Services (FIS)	9.0×
HP (HPQ)	7.5×
Sunrun (RUN)	5.6×
Lyft (LYFT)	1.8×
Amkor Technology (AMKR)	0.0×

NetApp (NTAP)
16.8×
Corpay (CPAY)
16.7×
Ondas Holdings (ONDS)
16.4×
Dell Technologies (DELL)
16.2×
Western Digital (WDC)
15.7×
Accenture (ACN)
15.4×
CDW (CDW)
14.5×
Adobe (ADBE)
14.4×
Leidos Holdings (LDOS)
14.1×
Roper Technologies (ROP)
13.8×
Zoom Communications (ZM)
13.8×
Paycom Software (PAYC)
13.2×
Elastic N.V. (ESTC)
13.2×
First Solar (FSLR)
12.7×
GoDaddy (GDDY)
12.7×
Gen Digital (GEN)
11.7×
Duolingo (DUOL)
10.9×
Super Micro Computer (SMCI)
10.9×
Science Applications International (SAIC)
10.3×
Fiserv (FISV)
9.3×
Fidelity National Information Services (FIS)
9.0×
HP (HPQ)
7.5×
Sunrun (RUN)
5.6×
Lyft (LYFT)
1.8×
Amkor Technology (AMKR)
0.0×

Frequently asked questions

Current

47.2×

As of Jul 31, 2026

5-Year Average

250.7×

All-Time High

1218.9×

Feb 28, 2025

All-Time Low

32.6×

May 13, 2026

P/E Ratio daily chart for Toast (TOST)

Sep 22, 2021 – Jul 31, 2026 · 1,219 trading days

P/E ratio is not shown for periods when TTM earnings were negative.

Historical P/E Ratio for Toast (TOST) from 2020 to 2025


2025	$20.9B	$342M	61.1×	-1030.5×	Dec 31, 2025
2024	$20.7B	$19M	1091.6×	—	Dec 31, 2024
2023	$9.88B	-$246M	—	—	Dec 31, 2023
2022	$9.35B	-$275M	—	—	Dec 31, 2022
2021	$17.4B	-$488M	—	—	Dec 31, 2021
2020	$28.8B	-$248M	—	—	Dec 31, 2020

202561.1×
20241091.6×
2023—
2022—
2021—
2020—

About P/E Ratio at Toast (TOST)

Toast (TOST) historical P/E ratio has ranged from a low of 32.6× (2026) to a high of 1218.9× (2025) in the available daily series.

Toast P/E Ratio by Year

Toast P/E Ratio 2025: 61.1×

Toast (TOST) P/E ratio in 2025 was 61.1×, contracted from 1091.6× the prior year.

Toast P/E Ratio 2024: 1091.6×

Toast (TOST) P/E ratio in 2024 was 1091.6×.

Calculate P/E ratio yourself.

Sector peers by P/E Ratio — chart

Current ratio vs. sector peers. Highlighted bar is this company.

Sector peers by P/E Ratio — table

Technology peers of Toast (TOST), ranked by P/E ratio.


NetApp (NTAP)	16.8×
Corpay (CPAY)	16.7×
Ondas Holdings (ONDS)	16.4×
Dell Technologies (DELL)	16.2×
Western Digital (WDC)	15.7×
Accenture (ACN)	15.4×
CDW (CDW)	14.5×
Adobe (ADBE)	14.4×
Leidos Holdings (LDOS)	14.1×
Roper Technologies (ROP)	13.8×
Zoom Communications (ZM)	13.8×
Paycom Software (PAYC)	13.2×
Elastic N.V. (ESTC)	13.2×
First Solar (FSLR)	12.7×
GoDaddy (GDDY)	12.7×
Gen Digital (GEN)	11.7×
Duolingo (DUOL)	10.9×
Super Micro Computer (SMCI)	10.9×
Science Applications International (SAIC)	10.3×
Fiserv (FISV)	9.3×
Fidelity National Information Services (FIS)	9.0×
HP (HPQ)	7.5×
Sunrun (RUN)	5.6×
Lyft (LYFT)	1.8×
Amkor Technology (AMKR)	0.0×

NetApp (NTAP)
16.8×
Corpay (CPAY)
16.7×
Ondas Holdings (ONDS)
16.4×
Dell Technologies (DELL)
16.2×
Western Digital (WDC)
15.7×
Accenture (ACN)
15.4×
CDW (CDW)
14.5×
Adobe (ADBE)
14.4×
Leidos Holdings (LDOS)
14.1×
Roper Technologies (ROP)
13.8×
Zoom Communications (ZM)
13.8×
Paycom Software (PAYC)
13.2×
Elastic N.V. (ESTC)
13.2×
First Solar (FSLR)
12.7×
GoDaddy (GDDY)
12.7×
Gen Digital (GEN)
11.7×
Duolingo (DUOL)
10.9×
Super Micro Computer (SMCI)
10.9×
Science Applications International (SAIC)
10.3×
Fiserv (FISV)
9.3×
Fidelity National Information Services (FIS)
9.0×
HP (HPQ)
7.5×
Sunrun (RUN)
5.6×
Lyft (LYFT)
1.8×
Amkor Technology (AMKR)
0.0×

P/E Ratio for Toast (TOST) 2024-2026

P/E Ratio daily chart for Toast (TOST)

Historical P/E Ratio for Toast (TOST) from 2020 to 2025

About P/E Ratio at Toast (TOST)

Toast P/E Ratio by Year

Toast P/E Ratio 2025: 61.1×

Toast P/E Ratio 2024: 1091.6×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

P/E Ratio for Toast (TOST) 2024-2026

P/E Ratio daily chart for Toast (TOST)

Historical P/E Ratio for Toast (TOST) from 2020 to 2025

About P/E Ratio at Toast (TOST)

Toast P/E Ratio by Year

Toast P/E Ratio 2025: 61.1×

Toast P/E Ratio 2024: 1091.6×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

Toast (TOST) Key Financials

P/E Ratio daily chart for Toast (TOST)

Historical P/E Ratio for Toast (TOST) from 2020 to 2025

About P/E Ratio at Toast (TOST)

Toast P/E Ratio by Year

Toast P/E Ratio 2025: 61.1×

Toast P/E Ratio 2024: 1091.6×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

What is Toast's P/E ratio?

How is the P/E ratio calculated?

What is the P/E ratio?

What is a good P/E ratio for Toast?

Is Toast's P/E ratio high or low?

What is Toast's historical P/E ratio range?

What was Toast's P/E ratio in 2025?

Why does Toast's P/E ratio change over time?

P/E Ratio daily chart for Toast (TOST)

Historical P/E Ratio for Toast (TOST) from 2020 to 2025

About P/E Ratio at Toast (TOST)

Toast P/E Ratio by Year

Toast P/E Ratio 2025: 61.1×

Toast P/E Ratio 2024: 1091.6×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

What is Toast's P/E ratio?

How is the P/E ratio calculated?

What is the P/E ratio?

What is a good P/E ratio for Toast?

Is Toast's P/E ratio high or low?

What is Toast's historical P/E ratio range?

What was Toast's P/E ratio in 2025?

Why does Toast's P/E ratio change over time?

Toast (TOST) Key Financials