Toast, Inc. logo
TOSTToast, Inc.

The forward PE ratio is 21.24 as of Thursday, July 9, 2026.

Forward PE Ratio (21.24) = Close Price ($28.85) / Consensus Forward EPS ($1.34)

TOST Forward PE Ratio Metrics

FORWARD PE RATIO

21.24

TOST Competitors' Forward PE Ratio

TOST

Toast, Inc.

Current

Market Cap

$16.73B

Forward PE Ratio

21.24

BR

Broadridge Financial Solutions, Inc.

vs TOST

Market Cap

$17.04B

Forward PE Ratio

15.41

FN

Fabrinet

vs TOST

Market Cap

$17.30B

Forward PE Ratio

34.77

ONTO

Onto Innovation Inc.

vs TOST

Market Cap

$15.77B

Forward PE Ratio

58.66

GEN

Gen Digital Inc.

vs TOST

Market Cap

$15.66B

Forward PE Ratio

10.12

AMKR

Amkor Technology, Inc.

vs TOST

Market Cap

$17.89B

Forward PE Ratio

32.16

CDW

CDW Corporation

vs TOST

Market Cap

$17.91B

Forward PE Ratio

12.82

SMCI

Super Micro Computer, Inc.

vs TOST

Market Cap

$18.27B

Forward PE Ratio

10.85

NVMI

Nova Ltd.

vs TOST

Market Cap

$15.06B

Forward PE Ratio

43.14

AKAM

Akamai Technologies, Inc.

vs TOST

Market Cap

$18.83B

Forward PE Ratio

18.91

Trailing vs Forward

Trailing P/E

44.0

reported TTM EPS

Forward P/E

21.2

consensus next-FY EPS

The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $1.34 implies +106.2% EPS growth vs the reported trailing $0.65.

Forward P/E by Fiscal Year

View All Analyst Estimates

At today's $28.85 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.

Fiscal year endConsensus EPSEstimate rangeAnalystsImplied P/E
2026-12-31$1.34$1.30 – $1.381221.5x
2027-12-31$1.69$1.63 – $1.801217.1x
2028-12-31$2.20$1.61 – $2.70813.1x

Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.

Forward PE Ratio Formula & Definition

PE Ratio = Share Price / Diluted EPS (TTM)

The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Forward PE Ratio FAQ

What is the forward PE ratio for Toast, Inc. (TOST)?
The forward PE ratio for TOST stock is 21.24.

About Toast, Inc.

Toast, Inc. delivers a comprehensive cloud-based digital technology platform tailored specifically for the restaurant sector, serving businesses across the United States and Ireland. Its extensive product suite features an array of hardware solutions, including the foundational Toast Point of Sale (POS) system. Toast Flex offers versatile functionality, adaptable as an on-counter order and payment terminal, a server workstation, a guest kiosk, a kitchen display system, or an order fulfillment hub. For enhanced tableside service and expedited table turnover, the company provides Toast Go, a handheld POS device facilitating ordering and payment acceptance directly at the table, alongside Toast Tap, a compact card reader. Beyond hardware, Toast supplies robust software solutions. Toast Order & Pay empowers guests to place orders and settle bills conveniently from their mobile devices. The platform integrates specialized kitchen display system software, streamlining communication between front-of-house staff and the kitchen team. For larger operations, multi-location management software enables customers to centralize operational control, standardize procedures, and efficiently configure menus. Back-office administrative tasks are supported by xtraCHEF tools. Furthermore, Toast Flex for Kitchen provides a larger, mountable hardware solution designed specifically as a kitchen screen. Regarding customer engagement and logistics, Toast offers the Toast Online Ordering & Toast TakeOut app, a software platform enabling restaurants to accept off-premises orders directly through their branded websites. For delivery, they provide First-Party Delivery services, allowing restaurants to manage their own driver fleets and customize delivery parameters such as hours, zones, fees, and minimum order values. Additionally, Toast Delivery Services connects restaurants with a network of third-party delivery drivers, complemented by broader Toast Delivery Partners services. The company's offerings extend to comprehensive business support services. These encompass loyalty programs and gift card management, payroll and team administration tools, tailored business owner policy insurance with restaurant-specific enhancements, and efficient payment processing solutions. Toast also facilitates financial support through loans advanced to restaurants and purchase financing options. Detailed reporting and analytics solutions provide valuable insights. For broader integration, Toast Partner Connect allows users to discover, select, and seamlessly integrate with various third-party partners via bi-directional APIs. Established in 2011, Toast, Inc. maintains its headquarters in Boston, Massachusetts.

Boston, MA
5,700 employees
Technology / Software - Infrastructure
Sector
Technology
Industry
Software - Infrastructure
CEO
Aman Narang