Which has the lower trailing P/E, TOST or ZBRA?

ZBRA has the lower trailing P/E: TOST trades at 44.21 and ZBRA at 35.42. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, TOST or ZBRA?

Over the past five years, TOST grew revenue faster — TOST at a 41.80% CAGR versus ZBRA at 2.51%.

Is TOST or ZBRA more profitable?

ZBRA runs the higher net margin — TOST at 7.14% versus ZBRA at 9.22%.

Toast, Inc. (TOST) vs Zebra Technologies Corporation (ZBRA)

A side-by-side comparison of Toast, Inc. and Zebra Technologies Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 8, 2026. Differences are shown without an overall score or investment verdict.

TOST

Toast, Inc.

$20.00B

$34.48TechnologyAt close: Aug 7, 2026, 4:00 PM ET

ZBRA

Zebra Technologies Corporation

$17.93B

$376.49TechnologyAt close: Aug 7, 2026, 4:00 PM ET

Total return — TOST vs ZBRA

growth of $100 · dividends reinvested · last 5y

TOST -44.8%ZBRA -34.7%ZBRA compounded faster

TOST ZBRA

TOST vs ZBRA: by the numbers

•TOST is the larger company ($20.00B vs $17.93B market cap).
•ZBRA trades at the lower trailing earnings multiple (35.42 vs 44.21 P/E), one valuation lens rather than an overall verdict.
•ZBRA converts more revenue to profit (9.22% vs 7.14% net margin).
•TOST grew revenue faster over the past five years (41.80% vs 2.51% CAGR).

Metrics side by side

Valuation

Metric	TOST	ZBRA
P/E ratio	44.21	35.42
Forward P/E	24.93	18.12
P/S ratio	2.99	3.26
P/B ratio	9.95	5.55
PEG ratio	0.04	N/A
EV / EBITDA	39.69	18.91
FCF yield	2.83%	4.74%

Profitability

Metric	TOST	ZBRA
Gross margin	26.68%	48.90%
Operating margin	6.39%	16.09%
Net margin	7.14%	9.22%
ROE	23.77%	15.69%
ROIC	13.85%	8.81%

Growth (annualized)

Metric	TOST	ZBRA
Revenue CAGR (5Y)	41.80%	2.51%
EPS CAGR (5Y)	N/A	-2.66%
FCF CAGR (5Y)	119.83%	-3.62%
Total return CAGR (5Y)	N/A	-7.71%

Frequently asked

Which has the lower trailing P/E, TOST or ZBRA?: ZBRA has the lower trailing P/E: TOST trades at 44.21 and ZBRA at 35.42. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, TOST or ZBRA?: Over the past five years, TOST grew revenue faster — TOST at a 41.80% CAGR versus ZBRA at 2.51%.
Is TOST or ZBRA more profitable?: ZBRA runs the higher net margin — TOST at 7.14% versus ZBRA at 9.22%.

Go deeper

Full TOST analysis Full ZBRA analysis Interactive comparison tool

Dig into the metrics

Toast P/E ratio Zebra Technologies P/E ratio Toast dividend yield Zebra Technologies dividend yield Toast ROE Zebra Technologies ROE Toast operating margin Zebra Technologies operating margin Toast revenue growth Zebra Technologies revenue growth Toast free cash flow Zebra Technologies free cash flow

Toast & Zebra Technologies appear in these rankings

Fastest Revenue Growth Stocks Highest FCF Yield Stocks Highest 10-Year Total Return Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified August 8, 2026.