Global Payments Inc. (GPN) vs Toast, Inc. (TOST)
Global Payments Inc. and Toast, Inc. are both Software Infrastructure companies. Global Payments Inc. is the larger, with a market value of $22.6B against $17.6B — 1.3× the size. Global Payments Inc. has negative trailing earnings, so its P/E is not meaningful; Toast, Inc. trades at 36.9×. Global Payments Inc. grew revenue faster over the last twelve months: 43.1% against 23.0%. Toast, Inc. has the higher net margin (7.14% vs −9.15%) and the higher return on invested capital (81.1% vs 2.01%). Across the 21 metrics below, Toast, Inc. leads on 12 and Global Payments Inc. on 9.
Valuation
Profitability
| Metric | GPN | TOST | Software Infrastructure median |
|---|---|---|---|
| Gross margin | 63.91% | 26.72% | 61.23% |
| Operating margin | 12.84% | 6.33% | 0.00% |
| Net margin | (9.15%) | 7.14% | 0.00% |
| Free cash flow margin | 8.06% | 8.47% | 1.67% |
| Return on equity | (3.97%) | 25.16% | 0.59% |
| Return on assets | (1.67%) | 16.34% | 0.00% |
| Return on invested capital | 2.01% | 81.14% | 0.00% |
Growth
Health
Dividend
Size
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