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ISIN
US78463M1071
CUSIP
78463M107
IPO Date
Apr 22, 2010

Highlights

Market Cap
$2.16B
Enterprise Value
$2.02B
EPS (TTM)
$2.40
PE Ratio
24.06
PEG Ratio
1.29
Total Revenue (TTM)
$762.08M
Gross Profit (TTM)
$518.57M
EBITDA (TTM)
$164.17M
Year Range
$49.04 - $145.64
Target Price
$82.78
ROA (TTM)
7.83%
ROE (TTM)
9.44%

Share Price Chart


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Performance

SPSC Performance Chart

SPS Commerce, Inc. (SPSC) is down 35.2% since the beginning of the year. At $58 per share, SPSC is trading 60.3% below its 52-week high of $146. Investors who bought $1,000 worth of SPSC shares 5 years ago would now be looking at an investment worth $625.


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S&P 500 Index

Returns By Period

SPS Commerce, Inc. (SPSC) has returned -35.15% so far this year and -59.33% over the past 12 months. Over the last ten years, SPSC has returned 7.25% per year, falling short of the S&P 500 Index benchmark, which averaged 13.75% annually.


SPS Commerce, Inc.

1D
-3.09%
1M
-1.26%
YTD
-35.15%
6M
-30.78%
1Y
-59.33%
3Y*
-29.18%
5Y*
-8.96%
10Y*
7.25%

Benchmark (S&P 500 Index)

1D
0.13%
1M
5.68%
YTD
11.16%
6M
11.10%
1Y
27.46%
3Y*
21.12%
5Y*
12.66%
10Y*
13.75%
*Multi-year figures are annualized to reflect compound growth (CAGR)

SPSC Monthly Returns History

Based on dividend-adjusted daily data since Apr 22, 2010, SPSC's average daily return is +0.08%, while the average monthly return is +1.62%. At this rate, an investment would double in approximately 3.6 years.

Historically, 57% of months were positive and 43% were negative. The best month was Dec 2010 with a return of +33.2%, while the worst month was Feb 2026 at -36.7%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 5 months.

On a daily basis, SPSC closed higher 51% of trading days. The best single day was Jul 26, 2013 with a return of +16.0%, while the worst single day was Jul 31, 2025 at -22.0%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20260.15%-36.69%-1.49%0.81%1.12%1.85%-35.15%
20250.38%-27.88%-0.35%8.12%-1.92%-3.32%-20.01%1.32%-5.58%-21.03%1.31%6.97%-51.56%
2024-5.18%0.74%-0.14%-5.97%8.18%0.04%14.49%-7.28%-2.79%-15.02%17.01%-4.70%-5.08%
20235.96%10.70%1.10%-3.28%5.77%23.27%-6.08%3.18%-8.34%-6.02%7.45%12.51%50.93%
2022-13.00%4.84%1.04%-8.82%-10.52%5.61%5.94%1.97%1.73%1.84%12.44%-9.72%-9.78%
2021-8.93%1.86%-1.41%3.15%-8.38%6.38%9.11%24.40%19.02%-5.32%-7.69%0.96%31.09%

Benchmark Metrics

SPS Commerce, Inc. has an annualized alpha of 7.28%, beta of 1.04, and R2 of 0.23 versus S&P 500 Index. Calculated based on daily prices since April 23, 2010.

  • This stock captured 104.13% of S&P 500 Index gains but only 94.54% of its losses - a favorable profile for investors.
  • R2 of 0.23 means this stock moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
7.28%
Beta
1.04
0.23
Upside Capture
104.13%
Downside Capture
94.54%

Return for Risk

Risk / Return Rank

SPSC ranks 4 for risk / return — in the bottom 4% of stocks on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.


SPSC Risk / Return Rank: 44
Overall Rank
SPSC Sharpe Ratio Rank: 22
Sharpe Ratio Rank
SPSC Sortino Ratio Rank: 33
Sortino Ratio Rank
SPSC Omega Ratio Rank: 22
Omega Ratio Rank
SPSC Calmar Ratio Rank: 66
Calmar Ratio Rank
SPSC Martin Ratio Rank: 88
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for SPS Commerce, Inc. (SPSC) and compare them to S&P 500 Index.


SPSCBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

-1.21

2.39

-3.60

Sortino ratio

Return per unit of downside risk

-1.79

3.25

-5.04

Omega ratio

Gain probability vs. loss probability

0.73

1.43

-0.70

Calmar ratio

Return relative to maximum drawdown

-0.89

3.11

-4.01

Martin ratio

Return relative to average drawdown

-1.40

14.38

-15.78

Dividends

Dividend History


SPS Commerce, Inc. doesn't pay dividends

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the SPS Commerce, Inc.. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the SPS Commerce, Inc. was 76.83%, occurring on May 13, 2026. The portfolio has not yet recovered.

The current SPS Commerce, Inc. drawdown is 73.17%.


Related event

Drawdown

Fall

Recovery

Underwater

2026 bear market2026
-76.83%May 2026
1y 9mo
1y 10moAug 2024 - now
2016 bear market2016
-49.97%Mar 2016
2y 5mo2y 4mo
4y 9moOct 2013 - Jul 2018
COVID crash2020
-47.62%Mar 2020
28d2mo 3d
3mo 1dFeb 2020 - May 2020
Bear market2022
-43.58%May 2022
6mo 21d1y 25d
1y 7moOct 2021 - Jun 2023
2010 bear market2010
-38.17%Aug 2010
3mo 29d2mo 17d
6mo 16dApr 2010 - Nov 2010

Drawdown Indicators


SPSCBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-76.83%

-56.78%

-20.05%

Max Drawdown (1Y)

Largest decline over 1 year

-65.58%

-9.10%

-56.48%

Max Drawdown (3Y)

Largest decline over 3 years

-76.83%

-18.90%

-57.93%

Max Drawdown (5Y)

Largest decline over 5 years

-76.83%

-25.43%

-51.40%

Max Drawdown (10Y)

Largest decline over 10 years

-76.83%

-33.92%

-42.91%

Current Drawdown

Current decline from peak

-73.17%

0.00%

-73.17%

Average Drawdown

Average peak-to-trough decline

-17.09%

-10.72%

-6.37%

Ulcer Index

Depth and duration of drawdowns from previous peaks

41.86%

1.97%

+39.89%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Financials

Financial Performance

The chart below illustrates the trends in the financial health of SPS Commerce, Inc. over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.


Annual
Quarterly

0.0

Valuation

The Valuation section provides an overview of how SPS Commerce, Inc. is priced in the market compared to other companies in the Software - Infrastructure industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.


PE Ratio

The chart displays the Price-to-Earnings (P/E) ratio for SPSC, comparing it with other companies in the Software - Infrastructure industry. Currently, SPSC has a P/E ratio of 24.1. This P/E ratio is in line with the industry average, suggesting the stock may be fairly valued relative to its earnings.

PEG Ratio

The chart shows the Price/Earnings to Growth (PEG) ratio for SPSC compared to other companies in the Software - Infrastructure industry. SPSC currently has a PEG ratio of 1.3. This PEG ratio is close to the industry average, suggesting the stock’s valuation is balanced against its growth outlook.

PS Ratio

This chart shows the Price-to-Sales (P/S) ratio for SPSC relative to other companies in the Software - Infrastructure industry. Currently, SPSC has a P/S ratio of 2.9. This P/S ratio falls within the average range for the industry, suggesting the stock is fairly valued based on its revenue.

PB Ratio

The chart illustrates the Price-to-Book (P/B) ratio for SPSC in comparison with other companies in the Software - Infrastructure industry. Currently, SPSC has a P/B value of 2.2. This P/B ratio is in line with the industry average, suggesting the stock is valued fairly in relation to its book value.

Income Statement



TTM
Revenue

Total Revenue

Cost Of Revenue

Gross Profit

Operating Expenses

Selling, General & Admin Expenses

R&D Expenses

Depreciation And Amortization

Total Operating Expenses

Income

Income Before Tax

Operating Income

EBITDA

EBIT

Earnings From Continuing Operations

Net Income

Income Tax Expense

Other Non-Operating Income (Expenses)

Extraordinary Items

Discontinued Operations

Effect Of Accounting Charges

Non Recurring

Minority Interest

Other Items

Interest Income

Interest Expense

Net Interest Income

Values in undefined except per share items
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