Basis: FMP quote price / unrounded FMP forward EPS in the trading currency, available after its recorded retrieval time. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 21.41 as of 2026-09-23T00:16:07.833Z.
Consensus retrieved: 2026-09-13T23:58:35.922Z. This records retrieval, including cache reads, rather than vendor publication. The calculation uses the separately dated price and estimate available at its as-of time.
Calculation as of: 2026-09-23T00:16:07.833Z.
Quote observation: 2026-09-22T20:00:02.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: e176226acc54d4b19e05a4a6393ed3569b080cd513ceb7a076660745b3d51409
Forward PE Ratio (21.41) = Dated Quote Price ($29.65) / Consensus Forward EPS ($1.38)
FORWARD PE RATIO
21.41
SECTOR MEDIAN · TECHNOLOGY
24.73
median of 149 covered companies
CURRENT VS SECTOR MEDIAN
-13.42%
vs the sector median at left
Toast, Inc.
Market Cap
$17.20B
Forward PE Ratio
21.41
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Toast, Inc. (TOST) | $17.20B | 21.41 |
| Akamai Technologies, Inc. (AKAM)vs › | $17.20B | 17.62 |
| Zebra Technologies Corporation (ZBRA)vs › | $17.22B | 17.12 |
| IREN Limited (IREN)vs › | $17.33B | N/A |
| Fortive Corporation (FTV)vs › | $16.90B | 18.54 |
| BE Semiconductor Industries N.V. (BESIY)vs › | $17.58B | N/A |
| MKS Inc. (MKSI)vs › | $17.59B | 19.82 |
| Dynatrace, Inc. (DT)vs › | $16.67B | 28.82 |
| Gen Digital Inc. (GEN)vs › | $16.34B | 9.32 |
| Fidelity National Information Services, Inc. (FIS)vs › | $18.08B | 5.64 |
Trailing P/E
38.0
reported TTM EPS
Forward P/E
21.4
consensus EPS · fiscal year ending 2026-12-31
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $1.38 implies +76.9% EPS growth vs the reported trailing $0.78.
At the dated quote price of $29.65, 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 end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $1.38 | $1.33 – $1.41 | 13 | 21.4x |
| 2027-12-31 | $1.72 | $1.65 – $1.82 | 13 | 17.2x |
| 2028-12-31 | $2.19 | $1.69 – $2.53 | 11 | 13.6x |
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.
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
