What are Toast's profit margins?

Toast (TOST) runs a 26.3% gross margin and a 5.6% operating margin, with a 6.4% 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.

Toast TOST Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY

Simplified Detailed

	FY'25	FY'24	FY'23	FY'22
Profitability
Gross margin	25.9%+1.9pp	24%+2.4pp	21.6%+2.9pp	18.7%+0.3pp
Operating margin	4.7%+4.4pp	0.3%+7.7pp	-7.4%+6.6pp	-14.1%-0.8pp
Net margin	5.6%+5.2pp	0.4%+6.7pp	-6.4%+3.7pp	-10.1%+18.5pp
Returns
Return on equity	18.6%+17.3pp	1.4%+22.9pp	-21.5%+3.7pp	-25.1%—
Return on invested capital	54.7%+52.1pp	2.6%+57.4pp	-54.8%+30.9pp	-85.7%—
Efficiency
Asset turnover	2.2×-0.1×	2.3×+0.2×	2.1×+0.5×	1.6×+0.2×
Liquidity
Current ratio	2.8×+0.3×	2.4×+0.1×	2.4×-0.5×	2.8×-1.4×
Leverage
Debt-to-equity	0×0.0×	0×0.0×	0×0.0×	0.1×0.0×
Net debt / EBITDA	-4.4×+12.8×	-17.2×—	——	——
Per Share
Book value per share	$3.50+33.9%	$2.61+16.7%	$2.24+4.5%	$2.14-43.0%
Valuation
Market capitalization	$20.88B+0.9%	$20.7B+110%	$9.88B+5.7%	$9.35B-46.7%
Price / earnings	61.1×-1,029×	1,089.7×—	——	——
Price / sales	3.4×-0.8×	4.2×+1.6×	2.6×-0.9×	3.4×-6.9×
Price / book	9.8×-3.6×	13.4×+5.1×	8.3×-0.2×	8.5×-7.6×
EV / EBITDA	54.3×-268×	322.2×—	——	——

Chart any of these lines over time, or line them up against competitors.

Compare these in charts →

Ask your AI about Toast.

Connect your AI assistant and get a quick read on the numbers, right in your chat.

Connect your AI

Claude

Questions, answered.

What are Toast's profit margins?: Toast (TOST) runs a 26.3% gross margin and a 5.6% operating margin, with a 6.4% 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.