Toast (TOST) vs Workday (WDAY)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Toast (TOST) has outperformed Workday (WDAY) over the past year, losing 17.8% versus a loss of 21.0%. Over five years, WDAY leads with a -32.0% price change compared with -45.7% for TOST. Workday is the larger company by market cap ($44.42 billion vs $17.48 billion), about 2.5 times the size, while Toast is growing revenue faster (+24.1% vs +13.1%).
On valuation, Workday trades at a lower forward P/E (13.9x vs 17.4x for Toast). Workday converts more of its revenue into profit, with a net margin of 7.3% 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 | TOST | WDAY |
|---|---|---|
| Share price | $30.24 | $184.33 |
| Market cap | $17.48B | $44.42B |
| 1-day change | -1.03% | +0.04% |
| YTD return | -13.97% | -14.21% |
| 1-year return | -17.81% | -20.98% |
| 5-year return | -45.65% | -32.00% |
| P/E ratio (TTM) | 38.27 | 37.54 |
| Forward P/E | 17.43 | 13.93 |
| EPS (TTM) | $0.79 | $4.91 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $6.15B | $9.55B |
| Revenue growth (YoY) | +24.05% | +13.09% |
| Net income (latest FY) | $342.00M | $693.00M |
| Gross margin | 25.89% | — |
| Operating margin | 4.75% | 7.55% |
| Net margin | 5.56% | 7.26% |
| 52-week high | $39.73 | $247.40 |
| 52-week low | $22.26 | $110.36 |
| Distance from 52-week high | -23.89% | -25.49% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +28.72% | +12.98% |
| Average volume | 9.18M | 3.89M |
| Shares outstanding | 514.00M | 196.00M |
| Employees | 6,500 | 20,896 |
| Sector | Technology | Technology |
| Industry | EDP 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
- Workday is about 2.5 times larger than Toast by market value ($44.42B vs $17.48B).
- Toast grew revenue faster in its latest fiscal year (+24.05% vs +13.09%).
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
About Workday
WDAY stock →Workday, Inc. provides enterprise cloud applications in the United States and internationally.
Technology · EDP Services · 20,896 employees
TOST vs WDAY FAQ
Which is bigger, Toast or Workday?
Workday (WDAY) is larger, with a market capitalization of $44.42B compared with $17.48B for Toast (TOST).
Which stock has performed better over the past year, TOST or WDAY?
TOST returned -17.81% over the past 12 months, compared with -20.98% for WDAY (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, TOST or WDAY?
WDAY has the lower trailing P/E at 37.5, versus 38.3 for TOST. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Are Toast and Workday in the same industry?
Yes. Both are classified in the EDP Services industry within the Technology sector.