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Toast TOST Ratios & Valuation

Q2 '26Q1 '26Q4 '25Q3 '25Q2 '25
Profitability
Gross margin26.7%+1.5pp26.3%+1.6pp25.9%+1.9pp25.7%+2.4pp25.2%+2.7pp
Operating margin6.3%+2.9pp5.6%+3.4pp4.7%+4.4pp4.1%+5.6pp3.4%+7.2pp
Net margin7.1%+3.1pp6.4%+3.4pp5.6%+5.2pp4.7%+5.7pp4.1%+7.2pp
Returns
Return on equity25.2%+10.7pp22.5%+11.5pp18.6%+17.3pp15.9%+19.7pp14.4%+26.0pp
Efficiency
Asset turnover2.3×0.0×2.3×0.0×2.2×-0.1×2.3×0.0×2.2×0.0×
Liquidity
Current ratio2.4×-0.2×2.4×-0.1×2.8×+0.3×2.7×+0.3×2.6×+0.2×
Per Share
Book value per share$3.47+15.3%$3.31+19.1%$3.50+33.9%$3.31+37.4%$3.01+37.5%
Valuation
Market capitalization$20.18B-24.6%$15.61B-18.1%$20.88B+0.9%$21.29B+35.2%$25.84B+83.3%
Price / earnings41.5×-78.0×37.9×-82.8×61.1×-1,029×78×115.4×
Price / sales-1.9×2.4×-1.2×3.4×-0.8×3.6×+0.3×4.7×+1.5×
Price / book9.9×-4.9×7.8×-3.6×9.8×-3.6×10.6×-0.5×14.2×+3.2×

FAQ

What are Toast's profit margins?
Toast (TOST) runs a 26.7% gross margin and a 6.3% operating margin, with a 7.1% net margin.
Where do Toast's ratios come from?
Every ratio is computed from Toast's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.