TOST vs WDAY
Toast, Inc. and Workday, Inc., side by side — 7 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | TOST | WDAY |
|---|---|---|
| Revenue | $6.2B | $9.6B |
| Net income | $342.0M | $693.0M |
| Gross margin | 25.9% | · |
| Net margin | 5.6% | 7.3% |
| Return on equity | 18.6% | 8.2% |
| Diluted EPS | $0.56 | $2.59 |
| Dividend / share | · | · |
| Payout ratio | · | · |
| Free cash flow | $608.0M | $2.8B |
| Equity | $2.1B | $7.8B |
| Net debt / equity | · | 0.19× |
| Current ratio | 2.75× | 1.32× |
| Revenue CAGR 5y | 49.5% | 17.2% |
| Profit CAGR 5y | · | · |
WDAY bills 1.6× the revenue of TOST, and keeps more of each dollar of revenue as profit (7.3% against 5.6%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
7 years side by side
| Fiscal year | TOST | WDAY |
|---|---|---|
| FY2025 | $6.2B | $9.6B |
| FY2024 | $5.0B | $8.4B |
| FY2023 | $3.9B | $7.3B |
| FY2022 | $2.7B | $6.2B |
| FY2021 | $1.7B | $5.1B |
| FY2020 | $823.0M | $4.3B |
| FY2019 | $665.0M | $3.6B |
Bottom line
| Fiscal year | TOST | WDAY |
|---|---|---|
| FY2025 | $342.0M | $693.0M |
| FY2024 | $19.0M | $526.0M |
| FY2023 | $-246.0M | $1.4B |
| FY2022 | $-275.0M | $-367.0M |
| FY2021 | $-487.0M | $29.0M |
| FY2020 | $-248.0M | $-282.4M |
| FY2019 | $-209.0M | $-480.7M |
7 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$3,399,000,000 | WDAY |
| FY2024 | −$3,486,000,000 | WDAY |
| FY2023 | −$3,394,000,000 | WDAY |
| FY2022 | −$3,485,000,000 | WDAY |
| FY2021 | −$3,434,000,000 | WDAY |
| FY2020 | −$3,494,996,000 | WDAY |
| FY2019 | −$2,962,206,000 | WDAY |
WDAY has reported the higher revenue in every one of these 7 fiscal years. The gap has widened since the earliest year compared.
7 of 16 comparable fiscal years — a year missing data on either side is not counted.
7 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −1.7 pp | WDAY |
| FY2024 | −5.8 pp | WDAY |
| FY2023 | −25.4 pp | WDAY |
| FY2022 | −4.2 pp | WDAY |
| FY2021 | −29.1 pp | WDAY |
| FY2020 | −23.6 pp | WDAY |
| FY2019 | −18.2 pp | WDAY |
WDAY has kept the higher net margin in every one of these 7 fiscal years.
7 of 16 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
TOST's net margin has been more volatile than WDAY's over the 7 comparable fiscal years — 14.3 percentage points of standard deviation against 10.0.
7 of 16 comparable fiscal years — a year missing data on either side is not counted.
Year by year
WDAY led in net margin in every one of the 7 comparable fiscal years — a structural lead, not a recent swing.
7 of 16 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
TOST's return on equity has been more volatile than WDAY's over the 4 comparable fiscal years — 17.8 percentage points of standard deviation against 9.7.
4 of 13 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between TOST and WDAY over these 4 fiscal years — TOST led in 1 and WDAY in 3.
4 of 13 comparable fiscal years — a year missing data on either side is not counted.