Toast [TOST] vs Palo Alto Networks [PANW] Detailed Stock Comparison

Toast Inc.

NYSE

Palo Alto Networks, Inc.

NASDAQ

TLDR: Quick Comparison Summary

Based on 20 vital metrics comparison: Toast Inc. wins in 9 metrics, Palo Alto Networks, Inc. wins in 11 metrics, with 0 ties. Palo Alto Networks, Inc. appears stronger overall.

View Metrics Details

Vital Metrics Comparison

Metric	Toast Inc.	Palo Alto Networks, Inc.	Better
P/E Ratio (TTM)	52.61	101.23	Toast Inc.
Price-to-Book Ratio	8.17	13.56	Toast Inc.
Debt-to-Equity Ratio	0.94	4.89	Toast Inc.
PEG Ratio	0.29	2.08	Toast Inc.
EV/EBITDA	41.68	93.58	Toast Inc.
Profit Margin (TTM)	5.56%	12.96%	Palo Alto Networks, Inc.
Operating Margin (TTM)	5.51%	15.50%	Palo Alto Networks, Inc.
EBITDA Margin (TTM)	5.51%	15.50%	Palo Alto Networks, Inc.
Return on Equity	18.64%	16.26%	Toast Inc.
Return on Assets (TTM)	6.87%	3.45%	Toast Inc.
Free Cash Flow (TTM)	$608.00M	$3.47B	Palo Alto Networks, Inc.
1-Year Return	-38.29%	46.39%	Palo Alto Networks, Inc.
Price-to-Sales Ratio (TTM)	2.82	14.95	Toast Inc.
Enterprise Value	$15.38B	$143.78B	Palo Alto Networks, Inc.
EV/Revenue Ratio	2.50	14.53	Toast Inc.
Gross Profit Margin (TTM)	25.90%	73.59%	Palo Alto Networks, Inc.
Revenue per Share (TTM)	$11	$15	Palo Alto Networks, Inc.
Earnings per Share (Diluted)	$0.56	$1.79	Palo Alto Networks, Inc.
Beta (Stock Volatility)	1.90	0.77	Palo Alto Networks, Inc.
Short % of Float	5.46%	3.32%	Palo Alto Networks, Inc.

Toast Inc. vs Palo Alto Networks, Inc. Stock Performance Analysis

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Performance Comparison

Short-term Returns

Stock	1D	1W	1M	3M	6M	YTD
Toast Inc.	-4.86%	2.33%	-14.76%	-13.88%	-28.72%	-26.31%
Palo Alto Networks, Inc.	-5.64%	12.86%	51.95%	79.66%	44.83%	56.34%

Long-term Returns

Stock	1Y	3Y	5Y	10Y	15Y	20Y
Toast Inc.	-38.29%	23.54%	-53.33%	-53.33%	-53.33%	-53.33%
Palo Alto Networks, Inc.	46.39%	159.34%	372.95%	1,110.53%	3,082.94%	3,082.94%

Performance & Financial Health Analysis: Toast Inc. vs Palo Alto Networks, Inc.

Metric	TOST	PANW
Market Information
Market Cap i	$16.44B	$141.34B
Market Cap Category	Large cap	Large cap
10 Day Avg. Volume i	8,678,013	8,028,579
90 Day Avg. Volume i	9,382,828	7,873,740
Last Close	$25.07	$280.43
52 Week Range	$22.26 - $49.66	$139.57 - $302.95
% from 52W High	-49.52%	-7.43%
All-Time High	$69.93 (Nov 01, 2021)	$302.95 (Jun 01, 2026)
% from All-Time High	-64.15%	-7.43%
Growth Metrics
Quarterly Revenue Growth	0.22%	0.15%
Quarterly Earnings Growth	2.16%	0.62%
Financial Health
Profit Margin (TTM) i	0.06%	0.13%
Operating Margin (TTM) i	0.06%	0.16%
Return on Equity (TTM) i	0.19%	0.16%
Debt to Equity (MRQ) i	0.94	4.89
Cash & Liquidity
Book Value per Share (MRQ)	$3.61	$13.36
Cash per Share (MRQ)	$3.38	$5.56
Operating Cash Flow (TTM) i	$661.00M	$3.97B
Levered Free Cash Flow (TTM) i	$580.63M	$2.86B
Dividends
Last 12-Month Dividend Yield i	N/A	N/A
Last 12-Month Dividend i	N/A	N/A

Valuation & Enterprise Metrics Analysis: Toast Inc. vs Palo Alto Networks, Inc.

Metric	TOST (Apr 24, 2026)	PANW (Apr 24, 2026)
Price Ratios
P/E Ratio (TTM) i	52.61	101.23
Forward P/E i	17.65	45.61
PEG Ratio i	0.29	2.08
Price to Sales (TTM) i	2.82	14.95
Price to Book (MRQ) i	8.17	13.56
Market Capitalization
Market Capitalization i	$16.44B	$141.34B
Enterprise Value i	$15.38B	$143.78B
Enterprise Value Metrics
Enterprise to Revenue i	2.50	14.53
Enterprise to EBITDA i	41.68	93.58
Risk & Other Metrics
Beta i	1.90	0.77
Book Value per Share (MRQ) i	$3.61	$13.36

Financial Statements Comparison: Toast Inc. vs Palo Alto Networks, Inc.

Financial Metrics

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Revenue

Operating Margin

Profit Margin

Long Term Debt

Income Flow Analysis

Financial Statements Comparison

Income Statement

Metric	TOST (2025)	PANW (2025)
Revenue/Sales i	6.15B	9.22B
Cost of Goods Sold i	4.56B	2.45B
COGS % of Revenue i	74.1%	26.6%
Gross Profit i	1.59B	6.77B
Gross Margin i	25.9%	73.4%
Research & Development i	374.00M	1.98B
Operating Income (EBIT) i	304.00M	1.24B
Operating Margin i	4.9%	13.5%
EBITDA i	377.00M	1.97B
EBITDA Margin i	6.1%	21.4%
Pre-Tax Income i	346.00M	1.60B
Pre-Tax Income % of Revenue i	5.6%	17.3%
Income Tax i	4.00M	461.80M
Income Tax % of Revenue i	0.1%	5.0%
Net Income (Profit) i	342.00M	1.13B
Profit Margin i	5.6%	12.3%

Balance Sheet & Liquidity Metrics

Metric	TOST (2025)	PANW (2025)
Cash & Equivalents i	1.35B	2.27B
Total Current Assets i	2.67B	7.52B
Total Current Assets % of Revenue i	43.4%	81.6%
Total Current Liabilities i	969.00M	7.99B
Total Current Liabilities % of Revenue i	15.7%	86.6%
Long-Term Debt i	20.00M	338.20M
Long-Term Debt % of Revenue i	0.3%	3.7%
Total Shareholders Equity i	2.12B	7.82B
Retained Earnings i	-1.26B	2.48B
Retained Earnings % of Revenue i	-20.5%	26.9%
Property, Plant & Equipment i	35.00M	393.70M

Cash Flow Statement Comparison

Metric	TOST (2025)	PANW (2025)
Operating Cash Flow i	549.00M	3.40B
Operating Cash Flow % of Revenue i	8.9%	36.9%
Capital Expenditures i	N/A	-246.20M
Free Cash Flow i	608.00M	3.47B
FCF Margin i	9.9%	37.6%
Debt Repayment i	N/A	-965.60M
Common Stock Repurchase i	-107.00M	0

Short Interest & Institutional Ownership Analysis

Metric	TOST	PANW
Shares Short i	28.30M	26.73M
Short Ratio i	2.57	3.30
Short % of Float i	5.46%	3.32%
Shares Outstanding i	589.00M	703.00M
Float Shares i	484.02M	809.15M
% Held by Insiders i	7.43%	0.79%
% Held by Institutions i	87.26%	74.49%
% Held by Public i	5.31%	24.72%

Dividend Analysis & Yield Comparison: Toast Inc. vs Palo Alto Networks, Inc.

Metric	TOST	PANW
Last 12-Month Dividend i	N/A	N/A
Last 12-Month Dividend Yield i	N/A	N/A
3-Year Avg Annual Dividend i	N/A	N/A
3-Year Avg Dividend Yield i	N/A	N/A
3-Year Total Dividends i	N/A	N/A
Ex-Dividend Date	N/A	N/A

Metric	TOST (Dec 31, 2025)	PANW (Oct 31, 2025)
Revenue/Sales i	1.63B	2.47B
Cost of Goods Sold i	N/A	638.00M
COGS % of Revenue i	0.0%	25.8%
Gross Profit i	423.00M	1.84B
Gross Margin i	25.9%	74.2%
Research & Development i	97.00M	528.00M
Operating Income (EBIT) i	89.00M	309.00M
Operating Margin i	5.5%	12.5%
EBITDA i	108.00M	512.00M
EBITDA Margin i	6.6%	20.7%
Pre-Tax Income i	101.00M	412.00M
Pre-Tax Income % of Revenue i	6.2%	16.7%
Income Tax i	0	78.00M
Income Tax % of Revenue i	0.0%	3.2%
Net Income (Profit) i	101.00M	334.00M
Profit Margin i	6.2%	13.5%

Metric	TOST (Dec 31, 2025)	PANW (Oct 31, 2025)
Operating Cash Flow i	125.00M	2.06B
Operating Cash Flow % of Revenue i	7.7%	83.1%
Capital Expenditures i	N/A	-84.00M
Free Cash Flow i	178.00M	1.69B
FCF Margin i	10.9%	68.2%
Debt Repayment i	N/A	0
Common Stock Repurchase i	-53.00M	N/A

Toast [TOST] vs Palo Alto Networks [PANW] Detailed Stock Comparison

Toast Inc.

Palo Alto Networks, Inc.

TLDR: Quick Comparison Summary

Vital Metrics Comparison

Complete Toast Inc. Investment Analysis: Compare with Industry Leaders

Ever Wonder Which Stock is Really the Better Pick?

What You'll Actually Learn (in Plain English)

💰 Which Stock is Cheaper

🏥 Which Company is Healthier

📈 Which Has Been Growing Faster

💵 Which Pays You Better

Toast Inc. vs Palo Alto Networks, Inc. Stock Performance Analysis

Performance Comparison

Short-term Returns

Long-term Returns

Performance & Financial Health Analysis: Toast Inc. vs Palo Alto Networks, Inc.

Valuation & Enterprise Metrics Analysis: Toast Inc. vs Palo Alto Networks, Inc.

Financial Statements Comparison: Toast Inc. vs Palo Alto Networks, Inc.

Financial Metrics

Revenue

Operating Margin

Profit Margin

Long Term Debt

Income Flow Analysis

TOST (Annual)

TOST (Quarterly)

PANW (Annual)

PANW (Quarterly)

Financial Statements Comparison

Income Statement

Balance Sheet & Liquidity Metrics

Cash Flow Statement Comparison

Income Statement

Balance Sheet & Liquidity Metrics

Cash Flow Statement Comparison

Short Interest & Institutional Ownership Analysis

Dividend Analysis & Yield Comparison: Toast Inc. vs Palo Alto Networks, Inc.

Metric	TOST (Dec 31, 2025)	PANW (Oct 31, 2025)
Cash & Equivalents i	1.35B	3.07B
Total Current Assets i	2.67B	7.31B
Total Current Assets % of Revenue i	163.4%	295.5%
Total Current Liabilities i	969.00M	7.42B
Total Current Liabilities % of Revenue i	59.3%	299.8%
Long-Term Debt i	20.00M	346.00M
Long-Term Debt % of Revenue i	1.2%	14.0%
Total Shareholders Equity i	2.12B	8.67B
Retained Earnings i	-1.26B	2.82B
Retained Earnings % of Revenue i	-77.3%	113.9%
Property, Plant & Equipment i	35.00M	747.00M

Toast [TOST] vs Palo Alto Networks [PANW] Detailed Stock Comparison

Toast Inc.

Palo Alto Networks, Inc.

TLDR: Quick Comparison Summary

Vital Metrics Comparison

Complete Toast Inc. Investment Analysis: Compare with Industry Leaders

Ever Wonder Which Stock is Really the Better Pick?

What You'll Actually Learn (in Plain English)

💰 Which Stock is Cheaper

🏥 Which Company is Healthier

📈 Which Has Been Growing Faster

💵 Which Pays You Better

Toast Inc. vs Palo Alto Networks, Inc. Stock Performance Analysis

Performance Comparison

Short-term Returns

Long-term Returns

Performance & Financial Health Analysis: Toast Inc. vs Palo Alto Networks, Inc.

Valuation & Enterprise Metrics Analysis: Toast Inc. vs Palo Alto Networks, Inc.

Financial Statements Comparison: Toast Inc. vs Palo Alto Networks, Inc.

Financial Metrics Quarterly Annual

Revenue

Operating Margin

Profit Margin

Long Term Debt

Income Flow Analysis

TOST (Annual)

TOST (Quarterly)

PANW (Annual)

PANW (Quarterly)

Financial Statements Comparison

Income Statement

Balance Sheet & Liquidity Metrics

Cash Flow Statement Comparison

Income Statement

Balance Sheet & Liquidity Metrics

Cash Flow Statement Comparison

Short Interest & Institutional Ownership Analysis

Dividend Analysis & Yield Comparison: Toast Inc. vs Palo Alto Networks, Inc.

Financial Metrics