MA vs. TOST: Mastercard vs. Toast Stock Comparison
How do Mastercard (MA) and Toast (TOST) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Mastercard (MA) and Toast (TOST) are both classified in the Transaction & Payment Processing Services sub-industry within the broader Financial Services industry, placing them in the closest GICS peer bucket.
Mastercard (MA) has more than two decades of public-market history since May 25, 2006, whereas Toast (TOST) listed on September 22, 2021 and has a much shorter record to draw on.
| Profile Item | MA | TOST |
|---|---|---|
| Name | Mastercard Inc. Class A Common Stock | Toast, Inc. Class A Common Stock |
| Country/Region | United States | United States |
| GICS Sector | Financials | Financials |
| GICS Industry Group | Financial Services | Financial Services |
| GICS Industry | Financial Services | Financial Services |
| GICS Sub-Industry | Transaction & Payment Processing Services | Transaction & Payment Processing Services |
| Market Capitalization | 568.62 billion USD | 20.14 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | May 25, 2006 | September 22, 2021 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | MA | TOST |
|---|---|---|
| Total Return (1Y) | 20.00% | -5.92% |
| Total Return (3Y, Annualized) | 19.98% | 35.73% |
| Total Return (5Y, Annualized) | 14.49% | -10.54% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | MA | TOST |
|---|---|---|
| Volatility (1Y, Annualized) | 23.57% | 45.32% |
| Beta (5Y) | 0.76 | 1.66 |
| Max Drawdown (5Y) | -28.25% | -79.13% |
| Avg. Volume (3M) | 2.98M | 8.73M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | MA | TOST |
|---|---|---|
| Sharpe Ratio (1Y) | 0.67 | -0.23 |
| Sortino Ratio (1Y) | 1.00 | -0.31 |
Profitability
ROE (TTM)
Both companies show strong equity returns, but Mastercard (MA) at 231.37% is the standout with ROE above its industry range; Toast (TOST) at 25.58% also sits in the top quartile.
MA
Financial Services industry group
231.37%
- MA
- 231.37%
- Max
- 44.78%
- Q3
- 21.85%
- Median
- 12.91%
- Q1
- 4.48%
- Min
- -18.71%
TOST
Financial Services industry group
25.58%
- Max
- 44.78%
- TOST
- 25.58%
- Q3
- 21.85%
- Median
- 12.91%
- Q1
- 4.48%
- Min
- -18.71%
Net Margin (TTM)
Mastercard (MA) at 46.73% retains a top-quartile share of revenue as profit, ahead of Toast (TOST) at 7.69%, which keeps about the industry-typical share.
MA
Financial Services industry group
46.73%
- Max
- 62.84%
- MA
- 46.73%
- Q3
- 28.05%
- Median
- 15.36%
- Q1
- 4.82%
- Min
- -28.52%
TOST
Financial Services industry group
7.69%
- Max
- 62.84%
- Q3
- 28.05%
- Median
- 15.36%
- TOST
- 7.69%
- Q1
- 4.82%
- Min
- -28.52%
Operating Margin (TTM)
Mastercard (MA) at 60.53% carries a top-quartile operating margin, while Toast (TOST) at 8.63% operates in the bottom quartile.
MA
Financial Services industry group
60.53%
- Max
- 107.33%
- MA
- 60.53%
- Q3
- 55.90%
- Median
- 30.09%
- Q1
- 14.60%
- Min
- -44.34%
TOST
Financial Services industry group
8.63%
- Max
- 107.33%
- Q3
- 55.90%
- Median
- 30.09%
- Q1
- 14.60%
- TOST
- 8.63%
- Min
- -44.34%
Profitability Metrics
| Metric | MA | TOST |
|---|---|---|
| ROE (TTM) | 231.37% | 25.58% |
| ROA (TTM) | 24.45% | 10.30% |
| Net Margin (TTM) | 46.73% | 7.69% |
| Operating Margin (TTM) | 60.53% | 8.63% |
| Gross Margin (TTM) | -- | -- |
Growth
Revenue Growth
Both Mastercard (MA) at 16.42% and Toast (TOST) at 24.05% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Toast (TOST) at 1,766.67% clears its industry range for EPS growth, a much stronger earnings trajectory than Mastercard (MA) at 18.93%, which is closer to a typical peer reading.
Growth Metrics
| Metric | MA | TOST |
|---|---|---|
| Revenue Growth (YoY) | 16.42% | 24.05% |
| Revenue Growth (3Y CAGR) | 13.82% | 31.10% |
| EPS Growth (YoY) | 18.93% | 1,766.67% |
| EPS Growth (3Y CAGR) | 17.36% | -- |
Financial Strength
Current Ratio (MRQ)
current ratio doesn’t apply on either side: Mastercard (MA) in Financial Services and Toast (TOST) in Financial Services both report balance sheets without a current/non-current split, so their short-term liquidity is better judged through regulatory and funding measures.
Debt / Equity (MRQ)
debt-to-equity ratio is set aside for both: Mastercard (MA) in Financial Services and Toast (TOST) in Financial Services run businesses where balance-sheet leverage is part of the model, so capital-adequacy and funding measures are the better gauges of balance-sheet risk.
Financial Strength Metrics
| Metric | MA | TOST |
|---|---|---|
| Current Ratio (MRQ) | -- | -- |
| Debt / Equity (MRQ) | -- | -- |
| Net Debt / EBITDA | -- | -- |
Dividends
Dividend Yield (TTM)
Toast (TOST) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Mastercard (MA) reports a yield of 0.53%, ranking against industry peers normally.
MA
Financial Services industry group
0.53%
- Max
- 9.77%
- Q3
- 3.92%
- Median
- 1.09%
- MA
- 0.53%
- Q1
- 0.00%
- Min
- 0.00%
TOST
Financial Services industry group
0.00%
- Max
- 9.77%
- Q3
- 3.92%
- Median
- 1.09%
- TOST
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Toast (TOST) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Mastercard (MA) reports a payout of 17.63%, ranking against industry peers normally.
MA
Financial Services industry group
17.63%
- Max
- 241.07%
- Q3
- 97.36%
- Median
- 25.77%
- MA
- 17.63%
- Q1
- 0.00%
- Min
- 0.00%
TOST
Financial Services industry group
0.00%
- Max
- 241.07%
- Q3
- 97.36%
- Median
- 25.77%
- TOST
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | MA | TOST |
|---|---|---|
| Dividend Yield (TTM) | 0.53% | 0.00% |
| Dividend Payout Ratio (TTM) | 17.63% | 0.00% |
Valuation
P/E Ratio (TTM)
Both Mastercard (MA) at 34.15 and Toast (TOST) at 38.10 sit in the richer earnings-multiple quartile for P/E ratio, so investors are paying more for TTM earnings than they pay for typical peers.
MA
Financial Services industry group
34.15
- Max
- 45.85
- MA
- 34.15
- Q3
- 24.64
- Median
- 15.37
- Q1
- 9.68
- Min
- 0.16
TOST
Financial Services industry group
38.10
- Max
- 45.85
- TOST
- 38.10
- Q3
- 24.64
- Median
- 15.37
- Q1
- 9.68
- Min
- 0.16
P/S Ratio (TTM)
Toast (TOST) at 2.82 prices around its industry’s typical P/S ratio, while Mastercard (MA) at 15.67 clears its benchmark range — MA looks notably rich on sales.
MA
Financial Services industry group
15.67
- MA
- 15.67
- Max
- 9.23
- Q3
- 4.57
- Median
- 2.72
- Q1
- 1.28
- Min
- -0.55
TOST
Financial Services industry group
2.82
- Max
- 9.23
- Q3
- 4.57
- TOST
- 2.82
- Median
- 2.72
- Q1
- 1.28
- Min
- -0.55
P/B Ratio (MRQ)
Measured against book value, both Mastercard (MA) at 84.30 and Toast (TOST) at 8.79 look expensive — each P/B ratio sits above its industry’s benchmark range.
MA
Financial Services industry group
84.30
- MA
- 84.30
- Max
- 7.79
- Q3
- 3.63
- Median
- 1.57
- Q1
- 0.81
- Min
- -0.39
TOST
Financial Services industry group
8.79
- TOST
- 8.79
- Max
- 7.79
- Q3
- 3.63
- Median
- 1.57
- Q1
- 0.81
- Min
- -0.39
Valuation Metrics
| Metric | MA | TOST |
|---|---|---|
| P/E Ratio (TTM) | 34.15 | 38.10 |
| P/S Ratio (TTM) | 15.67 | 2.82 |
| P/B Ratio (MRQ) | 84.30 | 8.79 |
| Free Cash Flow Yield (TTM) | -- | -- |