Toast Inc
Toast, Inc. operates a cloud-based digital technology platform for the restaurant industry in the United States, Ireland, India, and internationally. The company offers software products for restaurant operations and point of sale, such as Toast POS, team and vendor management, multi-location management, kitchen display system, mobile order and pay, and catering and events. It offers payroll and … Read more
Toast Inc (TOST) - Net Assets
Latest net assets as of December 2025: $2.12 Billion USD
Based on the latest financial reports, Toast Inc (TOST) has net assets worth $2.12 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.15 Billion) and total liabilities ($1.02 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $2.12 Billion |
| % of Total Assets | 67.54% |
| Annual Growth Rate | N/A |
| 5-Year Change | 94.68% |
| 10-Year Change | N/A |
| Growth Volatility | 14.93 |
Toast Inc - Net Assets Trend (2019–2025)
This chart illustrates how Toast Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Toast Inc (2019–2025)
The table below shows the annual net assets of Toast Inc from 2019 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $2.12 Billion | +37.48% |
| 2024-12-31 | $1.54 Billion | +29.40% |
| 2023-12-31 | $1.19 Billion | +8.74% |
| 2022-12-31 | $1.10 Billion | +0.64% |
| 2021-12-31 | $1.09 Billion | +331.65% |
| 2020-12-31 | $-470.98 Million | -42.54% |
| 2019-12-31 | $-330.43 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Toast Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 87607900000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Comprehensive Income | $2.00 Million | 0.09% |
| Other Components | $3.38 Billion | 159.32% |
| Total Equity | $2.12 Billion | 100.00% |
Toast Inc Competitors by Market Cap
The table below lists competitors of Toast Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Logitech International SA
NASDAQ:LOGI
|
$13.62 Billion |
|
Yankuang Energy Group Co Ltd
SHG:600188
|
$13.64 Billion |
|
Api Group Corp
NYSE:APG
|
$13.65 Billion |
|
Coal India Limited
NSE:COALINDIA
|
$13.67 Billion |
|
Valley National Bancorp 8.250% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series C
PINK:VLYPN
|
$13.58 Billion |
|
WuXi Biologics
PINK:WXIBF
|
$13.58 Billion |
|
TransUnion
NYSE:TRU
|
$13.56 Billion |
|
Samsung Life
KO:032830
|
$13.52 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Toast Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,545,000,000 to 2,124,000,000, a change of 579,000,000 (37.5%).
- Net income of 342,000,000 contributed positively to equity growth.
- Share repurchases of 107,000,000 reduced equity.
- Other comprehensive income increased equity by 3,000,000.
- Other factors increased equity by 341,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $342.00 Million | +16.1% |
| Share Repurchases | $107.00 Million | -5.04% |
| Other Comprehensive Income | $3.00 Million | +0.14% |
| Other Changes | $341.00 Million | +16.05% |
| Total Change | $- | 37.48% |
Book Value vs Market Value Analysis
This analysis compares Toast Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 8.03x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $-0.72 | $28.10 | x |
| 2020-12-31 | $-1.02 | $28.10 | x |
| 2021-12-31 | $2.17 | $28.10 | x |
| 2022-12-31 | $2.14 | $28.10 | x |
| 2023-12-31 | $2.24 | $28.10 | x |
| 2024-12-31 | $2.61 | $28.10 | x |
| 2025-12-31 | $3.50 | $28.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Toast Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 16.10%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.56%
- • Asset Turnover: 1.96x
- • Equity Multiplier: 1.48x
- Recent ROE (16.10%) is above the historical average (-10.42%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 0.00% | -31.43% | 2.18x | 0.00x | $-175.96 Million |
| 2020 | 0.00% | -30.13% | 1.06x | 0.00x | $-200.90 Million |
| 2021 | -44.64% | -28.56% | 0.98x | 1.59x | $-596.10 Million |
| 2022 | -25.05% | -10.07% | 1.55x | 1.60x | $-384.80 Million |
| 2023 | -20.60% | -6.36% | 1.97x | 1.64x | $-365.40 Million |
| 2024 | 1.23% | 0.38% | 2.01x | 1.59x | $-135.50 Million |
| 2025 | 16.10% | 5.56% | 1.96x | 1.48x | $129.60 Million |
Industry Comparison
This section compares Toast Inc's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $204,595,901
- Average return on equity (ROE) among peers: -9708.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Toast Inc (TOST) | $2.12 Billion | 0.00% | 0.48x | $13.60 Billion |
| Automatic Bank Services Limited (ABANF) | $263.50 Million | 6.00% | 0.04x | $269.02 Million |
| ACI Worldwide Inc (ACIW) | $267.21 Million | 20.72% | 1.00x | $3.98 Billion |
| Adyen N.V (ADYYF) | $389.78 Million | 18.29% | 1.92x | $34.24 Billion |
| Aeva Technologies, Inc. Common Stock (AEVA) | $25.09K | -78104.20% | 3.26x | $415.74 Million |
| Aeva Technologies, Inc. Warrants (AEVAW) | $26.91 Million | -95.01% | 0.21x | $3.74 Million |
| Affluence Corporation (AFFU) | $-953.76K | 0.00% | 0.00x | $3.98K |
| Axe Compute Inc. (AGPU) | $53.47K | -18862.75% | 68.36x | $2.93 Million |
| C3 Ai Inc (AI) | $1.06 Billion | -5.25% | 0.13x | $1.15 Billion |
| iLearningEngines, Inc. (AILE) | $22.26 Million | -19.80% | 1.11x | $17.39 Million |
| PowerFleet, Inc. (AIOT) | $16.00 Million | -39.81% | 1.77x | $388.58 Million |