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Toast (TOST) Financials

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$42.15 -0.59 (-1.38%)
Closing price 03:59 PM Eastern
Extended Trading
$42.30 +0.15 (+0.36%)
As of 06:40 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.
Annual Income Statements for Toast

Annual Income Statements for Toast

This table shows Toast's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Net Income / (Loss) Attributable to Common Shareholders
19 -246 -275 -487 -249 -209
Consolidated Net Income / (Loss)
19 -246 -275 -487 -248 -209
Net Income / (Loss) Continuing Operations
19 -246 -275 -487 -248 -209
Total Pre-Tax Income
22 -244 -277 -490 -248 -212
Total Operating Income
16 -287 -384 -228 -220 -213
Total Gross Profit
1,190 834 511 314 140 62
Total Revenue
4,960 3,865 2,731 1,705 823 665
Operating Revenue
4,960 3,865 2,731 1,705 823 665
Total Cost of Revenue
3,770 3,031 2,220 1,391 683 603
Operating Cost of Revenue
3,770 3,031 2,220 1,391 683 603
Total Operating Expenses
1,174 1,121 895 542 360 275
Selling, General & Admin Expense
307 362 294 189 113 83
Marketing Expense
470 401 319 190 138 128
Research & Development Expense
351 358 282 163 109 64
Restructuring Charge
46 0.00 0.00 - - -
Total Other Income / (Expense), net
6.00 43 107 -262 -28 1.00
Interest Expense
-42 -37 -11 62 12 0.00
Other Income / (Expense), net
-36 6.00 96 -200 -16 -1.00
Income Tax Expense
3.00 2.00 -2.00 -3.00 0.00 -3.00
Basic Earnings per Share
$0.03 ($0.46) ($0.54) ($1.68) ($1.25) ($1.08)
Weighted Average Basic Shares Outstanding
559M 532M 512M 290M 199.98M 194.82M
Diluted Earnings per Share
$0.03 ($0.47) ($0.72) ($1.68) ($1.25) ($1.08)
Weighted Average Diluted Shares Outstanding
591M 533M 512M 290M 199.98M 194.82M
Weighted Average Basic & Diluted Shares Outstanding
575M 548M 526.83M 508.98M - -

Quarterly Income Statements for Toast

This table shows Toast's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Interest Expense
-13 -9.00 -10 -10 -10 -10 -9.00 -8.00 -7.00 -3.00
Other Income / (Expense), net
-13 14 -1.00 -36 11 18 -26 3.00 -6.00 -20
Net Income / (Loss) Attributable to Common Shareholders
32 56 14 -83 -36 -31 -98 -81 -100 -98
Consolidated Net Income / (Loss)
32 56 14 -83 -36 -31 -98 -81 -100 -98
Net Income / (Loss) Continuing Operations
32 56 14 -83 -36 -31 -98 -81 -100 -98
Total Pre-Tax Income
33 57 14 -82 -35 -31 -97 -81 -98 -102
Total Operating Income
33 34 5.00 -56 -56 -59 -80 -92 -99 -85
Total Gross Profit
333 322 286 249 226 226 208 174 158 151
Total Revenue
1,338 1,305 1,242 1,075 1,036 1,032 978 819 769 752
Operating Revenue
1,338 1,305 1,242 1,075 1,036 1,032 978 819 769 752
Total Cost of Revenue
1,005 983 956 826 810 806 770 645 611 601
Operating Cost of Revenue
1,005 983 956 826 810 806 770 645 611 601
Total Operating Expenses
300 288 281 305 282 285 288 266 257 236
Selling, General & Admin Expense
78 80 75 74 86 98 96 82 91 78
Marketing Expense
129 119 115 107 102 100 100 99 87 84
Research & Development Expense
92 89 87 83 94 87 92 85 79 74
Restructuring Charge
1.00 0.00 4.00 41 - 0.00 0.00 0.00 - -
Income Tax Expense
1.00 1.00 0.00 1.00 1.00 0.00 1.00 0.00 2.00 -4.00
Basic Earnings per Share
$0.05 $0.10 $0.03 ($0.15) ($0.06) ($0.06) ($0.19) ($0.15) ($0.19) ($0.19)
Weighted Average Basic Shares Outstanding
559M 563M 556M 547M 532M 535M 529M 524M 512M 513.72M
Diluted Earnings per Share
$0.09 $0.07 $0.02 ($0.15) ($0.03) ($0.09) ($0.19) ($0.16) ($0.22) ($0.19)
Weighted Average Diluted Shares Outstanding
591M 590M 587M 547M 533M 536M 529M 525M 512M 513.72M
Weighted Average Basic & Diluted Shares Outstanding
575M 568M 562M 555M 548M 540.21M 535.63M 530.48M 526.83M 520.74M

Annual Cash Flow Statements for Toast

This table details how cash moves in and out of Toast's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Net Change in Cash & Equivalents
338 112 -216 257 433 83
Net Cash From Operating Activities
360 135 -156 2.00 -125 -126
Net Cash From Continuing Operating Activities
360 134 -156 2.00 -125 -126
Net Income / (Loss) Continuing Operations
19 -246 -275 -487 -248 -209
Consolidated Net Income / (Loss)
19 -246 -275 -487 -248 -209
Depreciation Expense
46 32 24 21 27 7.00
Amortization Expense
82 62 44 -26 15 0.00
Non-Cash Adjustments To Reconcile Net Income
357 346 180 427 118 13
Changes in Operating Assets and Liabilities, net
-144 -60 -129 67 -37 63
Net Cash From Investing Activities
-39 -86 -98 -503 -36 -47
Net Cash From Continuing Investing Activities
-39 -86 -98 -503 -36 -47
Purchase of Property, Plant & Equipment
-54 -42 -33 -19 -36 -15
Acquisitions
0.00 -9.00 -46 -26 0.00 -33
Purchase of Investments
-473 -623 -434 -469 0.00 0.00
Sale and/or Maturity of Investments
488 591 415 10 0.00 0.00
Other Investing Activities, net
0.00 -3.00 0.00 1.00 0.00 1.00
Net Cash From Financing Activities
18 63 38 759 594 256
Net Cash From Continuing Financing Activities
18 63 38 759 594 256
Repayment of Debt
0.00 0.00 -3.00 -249 -9.00 -3.00
Repurchase of Common Equity
-117 0.00 0.00 - 0.00 0.00
Issuance of Common Equity
99 36 15 984 0.00 1.00
Other Financing Activities, net
36 27 26 24 7.00 -2.00
Effect of Exchange Rate Changes
-1.00 - - -1.00 - -
Cash Income Taxes Paid
3.00 2.00 1.00 - 0.00 -

Quarterly Cash Flow Statements for Toast

This table details how cash moves in and out of Toast's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Change in Cash & Equivalents
142 78 94 24 96 29 36 -49 -90 -58
Net Cash From Operating Activities
147 109 124 -20 92 48 50 -55 -19 -69
Net Cash From Continuing Operating Activities
147 109 124 -20 91 48 50 -55 -19 -69
Net Income / (Loss) Continuing Operations
32 56 14 -83 -36 -31 -98 -81 -100 -98
Consolidated Net Income / (Loss)
32 56 14 -83 -36 -31 -98 -81 -100 -98
Depreciation Expense
11 12 12 11 10 8.00 8.00 6.00 6.00 6.00
Amortization Expense
23 21 19 19 18 16 14 14 12 12
Non-Cash Adjustments To Reconcile Net Income
90 67 85 115 80 80 114 72 96 87
Changes in Operating Assets and Liabilities, net
-9.00 -47 -6.00 -82 19 -25 12 -66 -33 -76
Net Cash From Investing Activities
-15 9.00 -4.00 -29 -1.00 -31 -12 -42 -73 17
Net Cash From Continuing Investing Activities
-15 9.00 -4.00 -29 -1.00 -31 -12 -42 -73 17
Purchase of Property, Plant & Equipment
-13 -12 -16 -13 -11 -10 -11 -10 -10 -11
Purchase of Investments
-120 -77 -131 -145 -144 -128 -175 -176 -247 -47
Sale and/or Maturity of Investments
118 98 143 129 154 109 174 154 184 121
Net Cash From Financing Activities
11 -40 -26 73 5.00 12 -2.00 48 2.00 -6.00
Net Cash From Continuing Financing Activities
11 -40 -26 73 5.00 12 -2.00 48 2.00 -6.00
Issuance of Common Equity
15 29 27 28 5.00 16 4.00 11 3.00 5.00
Other Financing Activities, net
-4.00 12 -21 49 - -4.00 -6.00 37 2.00 -11

Annual Balance Sheets for Toast

This table presents Toast's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020
Total Assets
2,408 1,958 1,761 1,735 776
Total Current Assets
1,975 1,570 1,407 1,485 673
Cash & Equivalents
903 605 547 809 582
Short-Term Investments
514 519 474 457 0.00
Accounts Receivable
115 69 77 55 33
Inventories, net
118 118 110 42 19
Other Current Assets
325 259 199 30 17
Plant, Property, & Equipment, net
98 75 61 41 44
Total Noncurrent Assets
335 313 293 209 57
Goodwill
113 113 107 74 36
Intangible Assets
20 26 29 16 7.00
Other Noncurrent Operating Assets
202 174 157 119 14
Total Liabilities & Shareholders' Equity
2,408 1,958 1,761 1,735 776
Total Liabilities
863 764 663 644 398
Total Current Liabilities
811 663 496 352 136
Accounts Payable
37 32 30 40 30
Accrued Expenses
715 592 427 246 63
Current Deferred Revenue
59 39 39 44 43
Total Noncurrent Liabilities
52 101 167 292 262
Other Noncurrent Operating Liabilities
52 101 167 280 55
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
1,545 1,194 1,098 1,091 -471
Total Preferred & Common Equity
1,545 1,194 1,098 1,091 -471
Preferred Stock
0.00 0.00 0.00 0.00 0.00
Total Common Equity
1,545 1,194 1,098 1,091 -471
Common Stock
3,150 2,817 2,477 2,194 145
Retained Earnings
-1,604 -1,623 -1,377 -1,102 -616
Accumulated Other Comprehensive Income / (Loss)
-1.00 0.00 -2.00 -1.00 0.00

Quarterly Balance Sheets for Toast

This table presents Toast's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2024 Q2 2024 Q1 2024 Q3 2023 Q2 2023 Q1 2023 Q3 2022
Period end date 9/30/2024 6/30/2024 3/31/2024 9/30/2023 6/30/2023 3/31/2023 9/30/2022
Total Assets
2,227 2,155 2,052 1,834 1,795 1,795 1,741
Total Current Assets
1,802 1,739 1,651 1,480 1,455 1,408 1,402
Cash & Equivalents
761 691 578 514 488 451 644
Short-Term Investments
511 528 537 516 502 499 409
Accounts Receivable
105 101 86 95 115 97 78
Inventories, net
106 110 120 98 107 112 95
Other Current Assets
319 309 330 56 52 47 40
Plant, Property, & Equipment, net
95 90 82 69 61 70 54
Total Noncurrent Assets
330 326 319 285 279 317 285
Goodwill
113 113 113 113 113 113 107
Intangible Assets
22 23 25 28 30 31 31
Other Noncurrent Operating Assets
195 190 181 144 136 173 147
Total Liabilities & Shareholders' Equity
2,227 2,155 2,052 1,834 1,795 1,795 1,741
Total Liabilities
807 872 849 685 716 697 622
Total Current Liabilities
748 736 713 574 584 538 457
Accounts Payable
30 33 49 27 42 36 28
Accrued Expenses
656 641 614 499 493 444 376
Current Deferred Revenue
62 62 50 38 41 43 40
Total Noncurrent Liabilities
59 136 136 111 132 159 165
Other Noncurrent Operating Liabilities
59 136 136 97 120 153 157
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
1,420 1,283 1,203 1,149 1,079 1,098 1,119
Total Preferred & Common Equity
1,420 1,283 1,203 1,149 1,079 1,098 1,119
Preferred Stock
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity
1,420 1,283 1,203 1,149 1,079 1,098 1,119
Common Stock
3,053 2,976 2,910 2,738 2,637 2,556 2,400
Retained Earnings
-1,636 -1,692 -1,706 -1,587 -1,556 -1,458 -1,277
Accumulated Other Comprehensive Income / (Loss)
3.00 -1.00 -1.00 -2.00 -2.00 0.00 -4.00

Annual Metrics And Ratios for Toast

This table displays calculated financial ratios and metrics derived from Toast's official financial filings.

Metric 2024 2023 2022 2021 2020 2019
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Growth Metrics
- - - - - -
Revenue Growth
28.33% 41.52% 60.18% 107.17% 23.76% 0.00%
EBITDA Growth
157.75% 15.00% 49.19% -123.20% 6.28% 0.00%
EBIT Growth
92.88% 2.43% 32.71% -81.36% -10.28% 0.00%
NOPAT Growth
106.88% 25.26% -68.42% -3.64% -3.29% 0.00%
Net Income Growth
107.72% 10.55% 43.53% -96.37% -18.66% 0.00%
EPS Growth
106.38% 34.72% 57.14% -34.40% -15.74% 0.00%
Operating Cash Flow Growth
166.67% 186.54% -7,900.00% 101.60% 0.79% 0.00%
Free Cash Flow Firm Growth
77.21% 62.77% -2,700.00% 84.50% 0.00% 0.00%
Invested Capital Growth
82.86% -9.09% 144.00% -414.71% 0.00% 0.00%
Revenue Q/Q Growth
6.48% 7.42% 10.43% 0.00% 0.00% 0.00%
EBITDA Q/Q Growth
254.29% 42.99% -30.18% 0.00% 0.00% 0.00%
EBIT Q/Q Growth
76.47% 17.60% -59.12% 0.00% 0.00% 0.00%
NOPAT Q/Q Growth
127.04% 13.03% 4.48% 0.00% 0.00% 0.00%
Net Income Q/Q Growth
138.78% 20.65% -58.05% 0.00% 0.00% 0.00%
EPS Q/Q Growth
133.33% 28.79% 0.00% 0.00% 0.00% 0.00%
Operating Cash Flow Q/Q Growth
18.03% 462.50% 7.14% 137.24% 0.00% 0.00%
Free Cash Flow Firm Q/Q Growth
44.84% 31.73% 0.00% 0.00% 0.00% 0.00%
Invested Capital Q/Q Growth
-13.51% -41.18% 16.67% 0.00% 0.00% 0.00%
Profitability Metrics
- - - - - -
Gross Margin
23.99% 21.58% 18.71% 18.42% 17.01% 9.32%
EBITDA Margin
2.18% -4.84% -8.06% -25.40% -23.57% -31.13%
Operating Margin
0.32% -7.43% -14.06% -13.37% -26.73% -32.03%
EBIT Margin
-0.40% -7.27% -10.55% -25.10% -28.68% -32.18%
Profit (Net Income) Margin
0.38% -6.36% -10.07% -28.56% -30.13% -31.43%
Tax Burden Percent
86.36% 100.82% 99.28% 99.39% 100.00% 98.58%
Interest Burden Percent
-110.00% 86.83% 96.18% 114.49% 105.08% 99.07%
Effective Tax Rate
13.64% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)
13.96% -273.33% 0.00% 0.00% 0.00% 0.00%
ROIC Less NNEP Spread (ROIC-NNEP)
13.55% -269.13% 0.00% 0.00% 0.00% 0.00%
Return on Net Nonoperating Assets (RNNOA)
-12.57% 251.87% 0.00% 0.00% 0.00% 0.00%
Return on Equity (ROE)
1.39% -21.47% -25.13% -66.30% -65.61% 0.00%
Cash Return on Invested Capital (CROIC)
-44.63% -263.81% -676.36% 0.00% 0.00% 0.00%
Operating Return on Assets (OROA)
-0.92% -15.11% -16.48% -34.09% -30.41% 0.00%
Return on Assets (ROA)
0.87% -13.23% -15.73% -38.79% -31.96% 0.00%
Return on Common Equity (ROCE)
1.39% -21.47% -25.13% -27.98% 81.75% 0.00%
Return on Equity Simple (ROE_SIMPLE)
1.23% -20.60% -25.05% -44.64% 52.65% 0.00%
Net Operating Profit after Tax (NOPAT)
14 -201 -269 -160 -154 -149
NOPAT Margin
0.28% -5.20% -9.84% -9.36% -18.71% -22.42%
Net Nonoperating Expense Percent (NNEP)
0.41% -4.21% -0.54% -39.02% -45.63% 0.00%
Return On Investment Capital (ROIC_SIMPLE)
0.89% -16.83% -24.48% - - -
Cost of Revenue to Revenue
76.01% 78.42% 81.29% 81.58% 82.99% 90.68%
SG&A Expenses to Revenue
6.19% 9.37% 10.77% 11.09% 13.73% 12.48%
R&D to Revenue
7.08% 9.26% 10.33% 9.56% 13.24% 9.62%
Operating Expenses to Revenue
23.67% 29.00% 32.77% 31.79% 43.74% 41.35%
Earnings before Interest and Taxes (EBIT)
-20 -281 -288 -428 -236 -214
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
108 -187 -220 -433 -194 -207
Valuation Ratios
- - - - - -
Price to Book Value (P/BV)
13.40 8.26 8.55 16.06 0.00 0.00
Price to Tangible Book Value (P/TBV)
14.66 9.35 9.76 17.50 0.00 0.00
Price to Revenue (P/Rev)
4.17 2.55 3.44 10.28 1.06 1.31
Price to Earnings (P/E)
1,089.66 0.00 0.00 0.00 0.00 0.00
Dividend Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield
0.09% 0.00% 0.00% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)
150.68 124.86 108.67 0.00 0.00 0.00
Enterprise Value to Revenue (EV/Rev)
3.89 2.26 3.06 9.53 1.59 0.00
Enterprise Value to EBITDA (EV/EBITDA)
178.58 0.00 0.00 0.00 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)
0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)
1,395.74 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)
53.57 64.74 0.00 8,126.87 0.00 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 0.00 0.00 0.00 0.00 0.00
Leverage & Solvency
- - - - - -
Debt to Equity
0.00 0.00 0.00 0.00 0.46 0.00
Long-Term Debt to Equity
0.00 0.00 0.00 0.00 0.46 0.00
Financial Leverage
-0.93 -0.94 -1.04 -1.14 -1.09 0.00
Leverage Ratio
1.59 1.62 1.60 1.71 2.05 0.00
Compound Leverage Factor
-1.75 1.41 1.54 1.96 2.16 0.00
Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 31.27% 0.00%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 31.27% 0.00%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00% 154.36% 0.00%
Common Equity to Total Capital
100.00% 100.00% 100.00% 100.00% -85.64% 0.00%
Debt to EBITDA
0.00 0.00 0.00 0.00 -0.89 0.00
Net Debt to EBITDA
0.00 0.00 0.00 0.00 2.11 0.00
Long-Term Debt to EBITDA
0.00 0.00 0.00 0.00 -0.89 0.00
Debt to NOPAT
0.00 0.00 0.00 0.00 -1.12 0.00
Net Debt to NOPAT
0.00 0.00 0.00 0.00 2.66 0.00
Long-Term Debt to NOPAT
0.00 0.00 0.00 0.00 -1.12 0.00
Altman Z-Score
16.07 8.64 9.03 16.39 1.09 0.00
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00% 57.79% 224.60% 0.00%
Liquidity Ratios
- - - - - -
Current Ratio
2.44 2.37 2.84 4.22 4.95 0.00
Quick Ratio
1.89 1.80 2.21 3.75 4.52 0.00
Cash Flow Metrics
- - - - - -
Free Cash Flow to Firm (FCFF)
-44 -194 -521 -19 -120 0.00
Operating Cash Flow to CapEx
666.67% 321.43% -472.73% 10.53% -347.22% -840.00%
Free Cash Flow to Firm to Interest Expense
0.00 0.00 0.00 -0.30 -10.00 0.00
Operating Cash Flow to Interest Expense
0.00 0.00 0.00 0.03 -10.42 0.00
Operating Cash Flow Less CapEx to Interest Expense
0.00 0.00 0.00 -0.27 -13.42 0.00
Efficiency Ratios
- - - - - -
Asset Turnover
2.27 2.08 1.56 1.36 1.06 0.00
Accounts Receivable Turnover
53.91 52.95 41.38 38.75 24.94 0.00
Inventory Turnover
31.95 26.59 29.21 45.61 35.95 0.00
Fixed Asset Turnover
57.34 56.84 53.55 40.12 18.70 0.00
Accounts Payable Turnover
109.28 97.77 63.43 39.74 22.77 0.00
Days Sales Outstanding (DSO)
6.77 6.89 8.82 9.42 14.64 0.00
Days Inventory Outstanding (DIO)
11.42 13.73 12.50 8.00 10.15 0.00
Days Payable Outstanding (DPO)
3.34 3.73 5.75 9.18 16.03 0.00
Cash Conversion Cycle (CCC)
14.85 16.89 15.56 8.24 8.76 0.00
Capital & Investment Metrics
- - - - - -
Invested Capital
128 70 77 -175 -34 0.00
Invested Capital Turnover
50.10 52.59 -55.73 -16.32 -48.41 0.00
Increase / (Decrease) in Invested Capital
58 -7.00 252 -141 -34 0.00
Enterprise Value (EV)
19,287 8,740 8,368 16,254 1,309 0.00
Market Capitalization
20,704 9,864 9,389 17,520 870 870
Book Value per Share
$2.72 $2.21 $2.11 $2.16 ($2.36) $0.00
Tangible Book Value per Share
$2.49 $1.95 $1.85 $1.98 ($2.57) $0.00
Total Capital
1,545 1,194 1,098 1,091 550 0.00
Total Debt
0.00 0.00 0.00 0.00 172 0.00
Total Long-Term Debt
0.00 0.00 0.00 0.00 172 0.00
Net Debt
-1,417 -1,124 -1,021 -1,266 -410 0.00
Capital Expenditures (CapEx)
54 42 33 19 36 15
Debt-free, Cash-free Net Working Capital (DFCFNWC)
-253 -217 -110 -133 -45 0.00
Debt-free Net Working Capital (DFNWC)
1,164 907 911 1,133 537 0.00
Net Working Capital (NWC)
1,164 907 911 1,133 537 0.00
Net Nonoperating Expense (NNE)
-5.18 45 6.20 327 94 60
Net Nonoperating Obligations (NNO)
-1,417 -1,124 -1,021 -1,266 -412 0.00
Total Depreciation and Amortization (D&A)
128 94 68 -5.00 42 7.00
Debt-free, Cash-free Net Working Capital to Revenue
-5.10% -5.61% -4.03% -7.80% -5.47% 0.00%
Debt-free Net Working Capital to Revenue
23.47% 23.47% 33.36% 66.45% 65.25% 0.00%
Net Working Capital to Revenue
23.47% 23.47% 33.36% 66.45% 65.25% 0.00%
Earnings Adjustments
- - - - - -
Adjusted Basic Earnings per Share
$0.03 ($0.46) ($0.54) ($1.68) $0.00 $0.00
Adjusted Weighted Average Basic Shares Outstanding
559M 532M 511.75M 289.58M 0.00 0.00
Adjusted Diluted Earnings per Share
$0.03 ($0.47) ($0.72) ($1.68) $0.00 $0.00
Adjusted Weighted Average Diluted Shares Outstanding
591M 533M 512.24M 289.58M 0.00 0.00
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
575M 548M 526.83M 508.98M 0.00 0.00
Normalized Net Operating Profit after Tax (NOPAT)
54 -201 -269 -160 -154 -149
Normalized NOPAT Margin
1.08% -5.20% -9.84% -9.36% -18.71% -22.42%
Pre Tax Income Margin
0.44% -6.31% -10.14% -28.74% -30.13% -31.88%
Debt Service Ratios
- - - - - -
EBIT to Interest Expense
0.00 0.00 0.00 -6.90 -19.67 0.00
NOPAT to Interest Expense
0.00 0.00 0.00 -2.57 -12.83 0.00
EBIT Less CapEx to Interest Expense
0.00 0.00 0.00 -7.21 -22.67 0.00
NOPAT Less CapEx to Interest Expense
0.00 0.00 0.00 -2.88 -15.83 0.00
Payout Ratios
- - - - - -
Dividend Payout Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio
615.79% 0.00% 0.00% 0.00% 0.00% 0.00%

Quarterly Metrics And Ratios for Toast

This table displays calculated financial ratios and metrics derived from Toast's official financial filings.

Metric Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Growth Metrics
- - - - - - - - - -
Revenue Growth
29.15% 26.45% 26.99% 31.26% 34.72% 37.23% 44.89% 53.08% 50.49% 54.73%
EBITDA Growth
417.65% 576.47% 141.67% 10.14% 80.46% 80.46% -115.38% -885.71% -141.67% 63.90%
EBIT Growth
144.44% 217.07% 103.77% -3.37% 57.14% 60.95% -92.73% -286.96% -5,350.00% 58.66%
NOPAT Growth
181.63% 180.88% 108.93% 39.13% 43.43% 30.59% 19.19% 8.91% -18.46% -54.55%
Net Income Growth
188.89% 280.65% 114.29% -2.47% 64.00% 68.37% -81.48% -252.17% -10,100.00% 61.42%
EPS Growth
400.00% 177.78% 110.53% 6.25% 86.36% 52.63% -72.73% 20.00% -144.00% 82.08%
Operating Cash Flow Growth
59.78% 127.08% 148.00% 63.64% 584.21% 169.57% 338.10% -17.02% 38.71% -283.33%
Free Cash Flow Firm Growth
19.25% 104.67% 117.24% 107.44% 89.98% 77.42% -331.76% -7,451.35% 0.00% -264.66%
Invested Capital Growth
82.86% 24.37% -28.09% -40.54% -9.09% 80.30% 406.90% 320.90% 144.00% 122.59%
Revenue Q/Q Growth
2.53% 5.07% 15.53% 3.76% 0.39% 5.52% 19.41% 6.50% 2.26% 11.41%
EBITDA Q/Q Growth
-33.33% 131.43% 156.45% 50.00% 0.00% 79.76% -21.74% 56.33% 0.00% -123.08%
EBIT Q/Q Growth
-58.33% 1,100.00% 104.35% -104.44% -9.76% 61.32% -19.10% 15.24% 0.00% -90.91%
NOPAT Q/Q Growth
-4.20% 568.07% 112.76% 0.00% 5.08% 26.25% 13.04% 7.07% -16.47% 14.14%
Net Income Q/Q Growth
-42.86% 300.00% 116.87% -130.56% -16.13% 68.37% -20.99% 19.00% -2.04% -81.48%
EPS Q/Q Growth
28.57% 250.00% 113.33% -400.00% 66.67% 52.63% -18.75% 27.27% -15.79% -72.73%
Operating Cash Flow Q/Q Growth
34.86% -12.10% 720.00% -121.74% 91.67% -4.00% 190.91% -189.47% 72.46% -228.57%
Free Cash Flow Firm Q/Q Growth
-690.44% -85.32% 44.23% 164.60% 65.85% 45.80% 37.72% 13.04% 23.07% -936.34%
Invested Capital Q/Q Growth
-13.51% 131.25% -27.27% 25.71% -41.18% 33.71% -39.86% 92.21% 16.67% 327.59%
Profitability Metrics
- - - - - - - - - -
Gross Margin
24.89% 24.67% 23.03% 23.16% 21.81% 21.90% 21.27% 21.25% 20.55% 20.08%
EBITDA Margin
4.04% 6.21% 2.82% -5.77% -1.64% -1.65% -8.59% -8.42% -11.31% -11.57%
Operating Margin
2.47% 2.61% 0.40% -5.21% -5.41% -5.72% -8.18% -11.23% -12.87% -11.30%
EBIT Margin
1.49% 3.68% 0.32% -8.56% -4.34% -3.97% -10.84% -10.87% -13.65% -13.96%
Profit (Net Income) Margin
2.39% 4.29% 1.13% -7.72% -3.47% -3.00% -10.02% -9.89% -13.00% -13.03%
Tax Burden Percent
96.97% 98.25% 100.00% 101.22% 102.86% 100.00% 101.03% 100.00% 102.04% 96.08%
Interest Burden Percent
165.00% 118.75% 350.00% 89.13% 77.78% 75.61% 91.51% 91.01% 93.33% 97.14%
Effective Tax Rate
3.03% 1.75% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)
119.82% 89.31% 23.08% -127.35% -198.97% -155.66% -633.29% -585.38% 0.00% 0.00%
ROIC Less NNEP Spread (ROIC-NNEP)
119.82% 87.35% 22.26% -123.11% -199.27% -156.65% -629.42% -583.84% 0.00% 0.00%
Return on Net Nonoperating Assets (RNNOA)
-111.16% -78.27% -20.82% 110.48% 186.49% 143.88% 612.48% 562.74% 0.00% 0.00%
Return on Equity (ROE)
8.66% 11.04% 2.26% -16.87% -12.48% -11.79% -20.82% -22.64% -25.13% -16.35%
Cash Return on Invested Capital (CROIC)
-44.63% -60.00% -119.22% -98.05% -263.81% -307.03% -412.58% -322.64% -676.36% 0.00%
Operating Return on Assets (OROA)
3.40% 8.44% 0.72% -18.34% -9.03% -8.00% -20.29% -18.57% -21.33% -20.32%
Return on Assets (ROA)
5.43% 9.84% 2.50% -16.54% -7.22% -6.05% -18.76% -16.90% -20.32% -18.97%
Return on Common Equity (ROCE)
8.66% 11.04% 2.26% -16.87% -12.48% -11.79% -20.82% -22.64% -25.13% -16.35%
Return on Equity Simple (ROE_SIMPLE)
0.00% -3.45% -10.60% -20.62% 0.00% -26.98% -34.94% -30.33% 0.00% -15.55%
Net Operating Profit after Tax (NOPAT)
32 33 5.00 -39 -39 -41 -56 -64 -69 -60
NOPAT Margin
2.39% 2.56% 0.40% -3.65% -3.78% -4.00% -5.73% -7.86% -9.01% -7.91%
Net Nonoperating Expense Percent (NNEP)
0.00% 1.96% 0.81% -4.24% 0.30% 0.99% -3.87% -1.54% -2.68% -3.27%
Return On Investment Capital (ROIC_SIMPLE)
2.07% - - - -3.28% - - - -6.31% -
Cost of Revenue to Revenue
75.11% 75.33% 76.97% 76.84% 78.19% 78.10% 78.73% 78.75% 79.45% 79.92%
SG&A Expenses to Revenue
5.83% 6.13% 6.04% 6.88% 8.30% 9.50% 9.82% 10.01% 11.83% 10.37%
R&D to Revenue
6.88% 6.82% 7.00% 7.72% 9.07% 8.43% 9.41% 10.38% 10.27% 9.84%
Operating Expenses to Revenue
22.42% 22.07% 22.62% 28.37% 27.22% 27.62% 29.45% 32.48% 33.42% 31.38%
Earnings before Interest and Taxes (EBIT)
20 48 4.00 -92 -45 -41 -106 -89 -105 -105
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
54 81 35 -62 -17 -17 -84 -69 -87 -87
Valuation Ratios
- - - - - - - - - -
Price to Book Value (P/BV)
13.40 11.20 11.15 11.19 8.26 8.73 11.10 8.52 8.55 7.72
Price to Tangible Book Value (P/TBV)
14.66 12.38 12.47 12.64 9.35 9.95 12.79 9.80 9.76 8.80
Price to Revenue (P/Rev)
4.17 3.42 3.26 3.27 2.55 2.79 3.61 3.10 3.44 3.49
Price to Earnings (P/E)
1,089.66 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Dividend Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield
0.09% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)
150.68 98.91 204.43 140.31 124.86 75.65 123.40 56.77 108.67 114.91
Enterprise Value to Revenue (EV/Rev)
3.89 3.14 2.98 3.00 2.26 2.50 3.31 2.79 3.06 3.07
Enterprise Value to EBITDA (EV/EBITDA)
178.58 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)
1,395.74 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)
53.57 47.99 53.62 72.63 64.74 375.10 0.00 0.00 0.00 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Leverage & Solvency
- - - - - - - - - -
Debt to Equity
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to Equity
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Financial Leverage
-0.93 -0.90 -0.94 -0.90 -0.94 -0.92 -0.97 -0.96 -1.04 -1.11
Leverage Ratio
1.59 1.58 1.67 1.67 1.62 1.58 1.59 1.57 1.60 1.60
Compound Leverage Factor
2.63 1.88 5.85 1.49 1.26 1.19 1.46 1.43 1.49 1.55
Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Debt to EBITDA
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt to EBITDA
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to EBITDA
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Debt to NOPAT
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt to NOPAT
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to NOPAT
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Altman Z-Score
16.13 13.53 11.34 10.76 9.04 10.06 11.06 9.01 9.38 9.18
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios
- - - - - - - - - -
Current Ratio
2.44 2.41 2.36 2.32 2.37 2.58 2.49 2.62 2.84 3.07
Quick Ratio
1.89 1.84 1.79 1.68 1.80 1.96 1.89 1.95 2.21 2.47
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
-26 4.40 30 21 -32 -94 -174 -279 -321 -418
Operating Cash Flow to CapEx
1,130.77% 908.33% 775.00% -153.85% 836.36% 480.00% 454.55% -550.00% -190.00% -627.27%
Free Cash Flow to Firm to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Efficiency Ratios
- - - - - - - - - -
Asset Turnover
2.27 2.29 2.22 2.14 2.08 2.01 1.87 1.71 1.56 1.46
Accounts Receivable Turnover
53.91 46.58 40.60 45.04 52.95 41.60 36.26 39.41 41.38 37.83
Inventory Turnover
31.95 35.05 31.32 27.69 26.59 29.35 31.09 31.01 29.21 30.63
Fixed Asset Turnover
57.34 56.80 58.08 54.22 56.84 58.50 62.60 53.84 53.55 51.32
Accounts Payable Turnover
109.28 125.44 90.61 75.58 97.77 102.98 66.51 74.43 63.43 66.36
Days Sales Outstanding (DSO)
6.77 7.84 8.99 8.10 6.89 8.78 10.07 9.26 8.82 9.65
Days Inventory Outstanding (DIO)
11.42 10.41 11.65 13.18 13.73 12.44 11.74 11.77 12.50 11.92
Days Payable Outstanding (DPO)
3.34 2.91 4.03 4.83 3.73 3.54 5.49 4.90 5.75 5.50
Cash Conversion Cycle (CCC)
14.85 15.34 16.62 16.46 16.89 17.67 16.32 16.13 15.56 16.06
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
128 148 64 88 70 119 89 148 77 66
Invested Capital Turnover
50.10 34.89 57.32 34.92 52.59 38.90 110.60 74.44 -55.73 -21.87
Increase / (Decrease) in Invested Capital
58 29 -25 -60 -7.00 53 118 215 252 358
Enterprise Value (EV)
19,287 14,638 13,083 12,347 8,740 9,002 10,983 8,401 8,368 7,584
Market Capitalization
20,704 15,910 14,302 13,462 9,864 10,032 11,973 9,351 9,389 8,637
Book Value per Share
$2.72 $2.53 $2.31 $2.20 $2.21 $2.15 $2.03 $2.08 $2.11 $2.17
Tangible Book Value per Share
$2.49 $2.29 $2.07 $1.95 $1.95 $1.88 $1.76 $1.81 $1.85 $1.90
Total Capital
1,545 1,420 1,283 1,203 1,194 1,149 1,079 1,098 1,098 1,119
Total Debt
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Long-Term Debt
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt
-1,417 -1,272 -1,219 -1,115 -1,124 -1,030 -990 -950 -1,021 -1,053
Capital Expenditures (CapEx)
13 12 16 13 11 10 11 10 10 11
Debt-free, Cash-free Net Working Capital (DFCFNWC)
-253 -218 -216 -177 -217 -124 -119 -80 -110 -108
Debt-free Net Working Capital (DFNWC)
1,164 1,054 1,003 938 907 906 871 870 911 945
Net Working Capital (NWC)
1,164 1,054 1,003 938 907 906 871 870 911 945
Net Nonoperating Expense (NNE)
0.00 -23 -9.00 44 -3.20 -10 42 17 31 39
Net Nonoperating Obligations (NNO)
-1,417 -1,272 -1,219 -1,115 -1,124 -1,030 -990 -950 -1,021 -1,053
Total Depreciation and Amortization (D&A)
34 33 31 30 28 24 22 20 18 18
Debt-free, Cash-free Net Working Capital to Revenue
-5.10% -4.68% -4.93% -4.30% -5.61% -3.45% -3.59% -2.65% -4.03% -4.37%
Debt-free Net Working Capital to Revenue
23.47% 22.63% 22.87% 22.76% 23.47% 25.18% 26.25% 28.86% 33.36% 38.21%
Net Working Capital to Revenue
23.47% 22.63% 22.87% 22.76% 23.47% 25.18% 26.25% 28.86% 33.36% 38.21%
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
$0.05 $0.10 $0.03 ($0.15) ($0.06) ($0.06) ($0.19) ($0.15) ($0.19) ($0.19)
Adjusted Weighted Average Basic Shares Outstanding
559M 563M 556M 547M 532M 535.22M 529.23M 524.10M 512M 513.72M
Adjusted Diluted Earnings per Share
$0.09 $0.07 $0.02 ($0.15) ($0.03) ($0.09) ($0.19) ($0.16) ($0.22) ($0.19)
Adjusted Weighted Average Diluted Shares Outstanding
591M 590M 587M 547M 533M 536.53M 529.23M 524.88M 512M 513.72M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
575M 568M 562M 555M 548M 540.21M 535.63M 530.48M 526.83M 520.74M
Normalized Net Operating Profit after Tax (NOPAT)
33 33 6.30 -11 -39 -41 -56 -64 -69 -60
Normalized NOPAT Margin
2.46% 2.56% 0.51% -0.98% -3.78% -4.00% -5.73% -7.86% -9.01% -7.91%
Pre Tax Income Margin
2.47% 4.37% 1.13% -7.63% -3.38% -3.00% -9.92% -9.89% -12.74% -13.56%
Debt Service Ratios
- - - - - - - - - -
EBIT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Payout Ratios
- - - - - - - - - -
Dividend Payout Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio
615.79% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

Frequently Asked Questions About Toast's Financials

When does Toast's fiscal year end?

According to the most recent income statement we have on file, Toast's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Toast's net income changed over the last 5 years?

Toast's net income appears to be on a downward trend, with a most recent value of $19 million in 2024, falling from -$209 million in 2019. The previous period was -$246 million in 2023. View Toast's forecast to see where analysts expect Toast to go next.

What is Toast's operating income?
Toast's total operating income in 2024 was $16 million, based on the following breakdown:
  • Total Gross Profit: $1.19 billion
  • Total Operating Expenses: $1.17 billion
How has Toast revenue changed over the last 5 years?

Over the last 5 years, Toast's total revenue changed from $665 million in 2019 to $4.96 billion in 2024, a change of 645.9%.

How much debt does Toast have?

Toast's total liabilities were at $863 million at the end of 2024, a 13.0% increase from 2023, and a 116.8% increase since 2020.

How much cash does Toast have?

In the past 4 years, Toast's cash and equivalents has ranged from $547 million in 2022 to $903 million in 2024, and is currently $903 million as of their latest financial filing in 2024.

How has Toast's book value per share changed over the last 5 years?

Over the last 5 years, Toast's book value per share changed from 0.00 in 2019 to 2.72 in 2024, a change of 272.0%.



This page (NYSE:TOST) was last updated on 5/28/2025 by MarketBeat.com Staff
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