PAR vs. TOST
PAR (PAR Technology Corporation) and TOST (Toast, Inc.) are both stocks. Both are in the Technology sector — PAR in Software - Application, TOST in Software - Infrastructure. Over the past 3 years, PAR returned -26.04%/yr vs 5.97%/yr for TOST. A 0.56 correlation means they provide meaningful diversification when combined.
Performance
PAR vs. TOST - Performance Comparison
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Returns By Period
In the year-to-date period, PAR achieves a -60.94% return, which is significantly lower than TOST's -29.40% return.
PAR
- 1D
- -7.33%
- 1M
- -1.12%
- YTD
- -60.94%
- 6M
- -59.54%
- 1Y
- -78.34%
- 3Y*
- -26.04%
- 5Y*
- -26.22%
- 10Y*
- 12.12%
TOST
- 1D
- -4.86%
- 1M
- -14.76%
- YTD
- -29.40%
- 6M
- -28.72%
- 1Y
- -39.78%
- 3Y*
- 5.97%
- 5Y*
- —
- 10Y*
- —
PAR vs. TOST - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
PAR PAR Technology Corporation | -60.94% | -50.08% | 66.90% | 67.01% | -50.60% | -18.63% |
TOST Toast, Inc. | -29.40% | -2.58% | 99.62% | 1.28% | -48.06% | -44.47% |
Correlation
The correlation between PAR and TOST is 0.62, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.62 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.53 |
Correlation (All Time) Calculated using the full available price history since Sep 23, 2021 | 0.56 |
The correlation between PAR and TOST has been stable across timeframes, ranging from 0.53 to 0.62 - a consistent structural relationship.
Fundamentals
PAR:
$580.93M
TOST:
$15.09B
PAR:
-$1.88
TOST:
$0.68
PAR:
1.21
TOST:
2.36
PAR:
0.70
TOST:
7.58
PAR:
$475.66M
TOST:
$6.45B
PAR:
$190.78M
TOST:
$1.69B
PAR:
-$33.08M
TOST:
$430.00M
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Return for Risk
PAR vs. TOST — Risk / Return Rank
PAR
TOST
PAR vs. TOST - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PAR Technology Corporation (PAR) and Toast, Inc. (TOST). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| PAR | TOST | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.32 | ||
| Sortino ratioReturn per unit of downside risk | -1.30 | ||
| Omega ratioGain probability vs. loss probability | 0.69 | 0.86 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | -0.94 | -0.73 | -0.21 |
| Martin ratioReturn relative to average drawdown | -1.42 | -1.26 | -0.16 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| PAR | TOST | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -1.19 | -0.87 | -0.32 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.48 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.22 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.06 | -0.29 | +0.35 |
Drawdowns
PAR vs. TOST - Drawdown Comparison
The maximum PAR drawdown since its inception was -90.88%, which is greater than TOST's maximum drawdown of -80.56%. Use the drawdown chart below to compare losses from any high point for PAR and TOST.
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Drawdown Indicators
| PAR | TOST | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.88% | -80.56% | -10.32% |
Max Drawdown (1Y)Largest decline over 1 year | -83.41% | -54.71% | -28.70% |
Max Drawdown (3Y)Largest decline over 3 years | -85.43% | -54.71% | -30.72% |
Max Drawdown (5Y)Largest decline over 5 years | -85.43% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -86.68% | — | — |
Current DrawdownCurrent decline from peak | -84.03% | -61.56% | -22.47% |
Average DrawdownAverage peak-to-trough decline | -53.34% | -57.91% | +4.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 55.20% | 31.58% | +23.62% |
Volatility
PAR vs. TOST - Volatility Comparison
PAR Technology Corporation (PAR) and Toast, Inc. (TOST) have volatilities of 21.87% and 22.20%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PAR | TOST | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.87% | 22.20% | -0.33% |
Volatility (6M)Calculated over the trailing 6-month period | 57.91% | 36.66% | +21.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 66.22% | 46.02% | +20.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 55.14% | 61.37% | -6.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 56.39% | 61.37% | -4.98% |
Dividends
PAR vs. TOST - Dividend Comparison
Neither PAR nor TOST has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
PAR PAR Technology Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.01% |
TOST Toast, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
PAR vs. TOST - Financials Comparison
This section allows you to compare key financial metrics between PAR Technology Corporation and Toast, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
PAR vs. TOST - Profitability Comparison
PAR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, PAR Technology Corporation reported a gross profit of 54.50M and revenue of 123.97M. Therefore, the gross margin over that period was 44.0%.
TOST - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Toast, Inc. reported a gross profit of 447.00M and revenue of 1.63B. Therefore, the gross margin over that period was 27.4%.
PAR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, PAR Technology Corporation reported an operating income of -16.17M and revenue of 123.97M, resulting in an operating margin of -13.0%.
TOST - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Toast, Inc. reported an operating income of 110.00M and revenue of 1.63B, resulting in an operating margin of 6.8%.
PAR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, PAR Technology Corporation reported a net income of -16.17M and revenue of 123.97M, resulting in a net margin of -13.0%.
TOST - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Toast, Inc. reported a net income of 126.00M and revenue of 1.63B, resulting in a net margin of 7.7%.
Frequently Asked Questions
PAR and TOST have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TOST has higher volatility (22.20%) compared to PAR (21.87%). In terms of maximum drawdown, PAR dropped -90.88% vs TOST's -80.56%.
TOST currently has the higher Sharpe Ratio (-0.87 vs -1.19), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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