Paymentus (PAY) vs Toast (TOST)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Paymentus (PAY) has outperformed Toast (TOST) over the past year, losing 0.1% versus a loss of 16.8%. Over five years, PAY leads with a +32.8% price change compared with -45.7% for TOST. Toast is the larger company by market cap ($18.10 billion vs $4.01 billion), about 4.5 times the size, while Paymentus is growing revenue faster (+37.3% vs +24.1%).
On valuation, Toast trades at a lower forward P/E (18.0x vs 29.2x for Paymentus). Paymentus converts more of its revenue into profit, with a net margin of 5.6% versus 5.6%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | PAY | TOST |
|---|---|---|
| Share price | $31.88 | $31.31 |
| Market cap | $4.01B | $18.10B |
| 1-day change | -0.13% | +2.55% |
| YTD return | +1.04% | -14.02% |
| 1-year return | -0.09% | -16.81% |
| 5-year return | +32.78% | -45.69% |
| P/E ratio (TTM) | 48.30 | 39.63 |
| Forward P/E | 29.22 | 18.04 |
| EPS (TTM) | $0.66 | $0.79 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $1.20B | $6.15B |
| Revenue growth (YoY) | +37.25% | +24.05% |
| Net income (latest FY) | $66.94M | $342.00M |
| Gross margin | 24.77% | 25.89% |
| Operating margin | 6.31% | 4.75% |
| Net margin | 5.59% | 5.56% |
| 52-week high | $45.31 | $39.73 |
| 52-week low | $20.11 | $22.26 |
| Distance from 52-week high | -29.64% | -21.18% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +25.91% | +24.31% |
| Average volume | 1.16M | 9.11M |
| Shares outstanding | 63.11M | 514.00M |
| Employees | 1,340 | 6,500 |
| Sector | Consumer Discretionary | Technology |
| Industry | Business Services | EDP Services |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Toast is about 4.5 times larger than Paymentus by market value ($18.10B vs $4.01B).
- PAY has outperformed TOST by 16.7 percentage points over the past year.
- Paymentus grew revenue faster in its latest fiscal year (+37.25% vs +24.05%).
- The two companies sit in different sectors: Paymentus in Consumer Discretionary and Toast in Technology.
About Paymentus
PAY stock →Paymentus Holdings, Inc. provides cloud-based bill payment technology and solutions in the United States and internationally.
Consumer Discretionary · Business Services · 1,340 employees
About Toast
TOST stock →Toast, Inc. operates a cloud-based digital technology platform for the restaurant industry in the United States, Ireland, India, and internationally.
Technology · EDP Services · 6,500 employees
PAY vs TOST FAQ
Which is bigger, Paymentus or Toast?
Toast (TOST) is larger, with a market capitalization of $18.10B compared with $4.01B for Paymentus (PAY).
Which stock has performed better over the past year, PAY or TOST?
PAY returned -0.09% over the past 12 months, compared with -16.81% for TOST (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, PAY or TOST?
TOST has the lower trailing P/E at 39.6, versus 48.3 for PAY. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Are Paymentus and Toast in the same industry?
No. Paymentus is in the Consumer Discretionary sector, while Toast is in Technology.