TOST vs. TROW: Toast vs. T. Rowe Price Stock Comparison
How do Toast (TOST) and T. Rowe Price (TROW) 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
Toast (TOST) and T. Rowe Price (TROW) both fall under the Financial Services industry group, but TOST is classified in Financial Services while TROW is classified in Capital Markets.
T. Rowe Price (TROW) has more than two decades of public-market history since April 2, 1986, whereas Toast (TOST) listed on September 22, 2021 and has a much shorter record to draw on.
| Profile Item | TOST | TROW |
|---|---|---|
| Name | Toast, Inc. Class A Common Stock | T. Rowe Price Group Inc. |
| Country/Region | United States | United States |
| GICS Sector | Financials | Financials |
| GICS Industry Group | Financial Services | Financial Services |
| GICS Industry | Financial Services | Capital Markets |
| GICS Sub-Industry | Transaction & Payment Processing Services | Asset Management & Custody Banks |
| Market Capitalization | 20.14 billion USD | 23.13 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | September 22, 2021 | April 2, 1986 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | TOST | TROW |
|---|---|---|
| Total Return (1Y) | -5.92% | 14.59% |
| Total Return (3Y, Annualized) | 35.73% | 11.26% |
| Total Return (5Y, Annualized) | -10.54% | -8.60% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | TOST | TROW |
|---|---|---|
| Volatility (1Y, Annualized) | 45.32% | 24.99% |
| Beta (5Y) | 1.66 | 1.39 |
| Max Drawdown (5Y) | -79.13% | -57.57% |
| Avg. Volume (3M) | 8.73M | 1.72M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | TOST | TROW |
|---|---|---|
| Sharpe Ratio (1Y) | -0.23 | 0.41 |
| Sortino Ratio (1Y) | -0.31 | 0.58 |
Profitability
ROE (TTM)
Toast (TOST) at 25.58% sits in the top ROE quartile, while T. Rowe Price (TROW) at 18.20% is closer to the peer norm — stronger capital efficiency for TOST.
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%
TROW
Financial Services industry group
18.20%
- Max
- 44.78%
- Q3
- 21.85%
- TROW
- 18.20%
- Median
- 12.91%
- Q1
- 4.48%
- Min
- -18.71%
Net Margin (TTM)
T. Rowe Price (TROW) at 28.40% retains a top-quartile share of revenue as profit, ahead of Toast (TOST) at 7.69%, which keeps about the industry-typical share.
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%
TROW
Financial Services industry group
28.40%
- Max
- 62.84%
- TROW
- 28.40%
- Q3
- 28.05%
- Median
- 15.36%
- Q1
- 4.82%
- Min
- -28.52%
Operating Margin (TTM)
T. Rowe Price (TROW) at 38.60% runs core operations around its industry’s norm, while Toast (TOST) at 8.63% operates in the bottom quartile.
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%
TROW
Financial Services industry group
38.60%
- Max
- 107.33%
- Q3
- 55.90%
- TROW
- 38.60%
- Median
- 30.09%
- Q1
- 14.60%
- Min
- -44.34%
Profitability Metrics
| Metric | TOST | TROW |
|---|---|---|
| ROE (TTM) | 25.58% | 18.20% |
| ROA (TTM) | 10.30% | 10.67% |
| Net Margin (TTM) | 7.69% | 28.40% |
| Operating Margin (TTM) | 8.63% | 38.60% |
| Gross Margin (TTM) | -- | -- |
Growth
Revenue Growth
Both Toast (TOST) at 24.05% and T. Rowe Price (TROW) at 3.12% 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 T. Rowe Price (TROW) at 0.98%, which is closer to a typical peer reading.
Growth Metrics
| Metric | TOST | TROW |
|---|---|---|
| Revenue Growth (YoY) | 24.05% | 3.12% |
| Revenue Growth (3Y CAGR) | 31.10% | 4.08% |
| EPS Growth (YoY) | 1,766.67% | 0.98% |
| EPS Growth (3Y CAGR) | -- | 11.31% |
Financial Strength
Current Ratio (MRQ)
current ratio doesn’t apply on either side: Toast (TOST) in Financial Services and T. Rowe Price (TROW) 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: Toast (TOST) in Financial Services and T. Rowe Price (TROW) 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 | TOST | TROW |
|---|---|---|
| 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 T. Rowe Price (TROW) reports a yield of 4.76%, ranking against industry peers normally.
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%
TROW
Financial Services industry group
4.76%
- Max
- 9.77%
- TROW
- 4.76%
- Q3
- 3.92%
- Median
- 1.09%
- 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 T. Rowe Price (TROW) reports a payout of 52.33%, ranking against industry peers normally.
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%
TROW
Financial Services industry group
52.33%
- Max
- 241.07%
- Q3
- 97.36%
- TROW
- 52.33%
- Median
- 25.77%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | TOST | TROW |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 4.76% |
| Dividend Payout Ratio (TTM) | 0.00% | 52.33% |
Valuation
P/E Ratio (TTM)
T. Rowe Price (TROW) at 10.97 is near its industry’s usual P/E ratio, while Toast (TOST) at 38.10 sits in the richer quartile — TOST needs stronger growth or earnings quality to justify the premium.
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
TROW
Financial Services industry group
10.97
- Max
- 45.85
- Q3
- 24.64
- Median
- 15.37
- TROW
- 10.97
- Q1
- 9.68
- Min
- 0.16
P/S Ratio (TTM)
On P/S ratio, both Toast (TOST) at 2.82 and T. Rowe Price (TROW) at 3.00 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.
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
TROW
Financial Services industry group
3.00
- Max
- 9.23
- Q3
- 4.57
- TROW
- 3.00
- Median
- 2.72
- Q1
- 1.28
- Min
- -0.55
P/B Ratio (MRQ)
T. Rowe Price (TROW) at 2.03 sits near its industry’s typical P/B ratio, while Toast (TOST) at 8.79 prices above its benchmark range — TOST looks rich relative to book.
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
TROW
Financial Services industry group
2.03
- Max
- 7.79
- Q3
- 3.63
- TROW
- 2.03
- Median
- 1.57
- Q1
- 0.81
- Min
- -0.39
Valuation Metrics
| Metric | TOST | TROW |
|---|---|---|
| P/E Ratio (TTM) | 38.10 | 10.97 |
| P/S Ratio (TTM) | 2.82 | 3.00 |
| P/B Ratio (MRQ) | 8.79 | 2.03 |
| Free Cash Flow Yield (TTM) | -- | -- |