Toast price to free cash flow TOST

Market value divided by free cash flow over the last twelve months, since 2023.

Today, Oct 23, 2026: 32.8×
3-year median: 62.1×
Against its 3-year history: 23rd; percentile: 0 is its lowest day, 100 its highest
3-year range: 20.4× to 488×
Peer median: 20.2×

Toast's price to free cash flow is 32.8× as of Oct 23, 2026.

That is below its 3-year median of 62.1×, lower than on 77% of days in the last 3 years.

Over that time it ranged from 20.4× in May 2026 to 488× in Dec 2023.

The median for 10 infrastructure software stocks of a similar size is 20.2×.

Price to free cash flow over time

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	32.8×	20.4×	37.0×
2025	38.0×	35.4×	103×
2024	94.2×	73.9×	147×
2023	488×	448×	488×

Against its peers

Companies in Software - Infrastructure nearest Toast's size, closest first, today.

Company	Price to free cash flow
TOSTToast	32.8×
NTNXNutanix	22.7×
DTDynatrace	32.5×
LDOSLeidos	7.9×
PTCPTC	22.5×
TYLTyler Technologies	22.4×
DOCUDocusign	13.3×
GWREGuidewire Software	41.0×
GENGen Digital	9.6×
GDDYGoDaddy	8.4×
CACICaci International	18.0×
Peer median	20.2×

What the price to free cash flow tells you

Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.

Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.

More on Toast

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.