BRZE vs. DT

Last updated Apr 2, 2026

Compare and contrast key facts about Braze, Inc. (BRZE) and Dynatrace, Inc. (DT).

Performance

BRZE vs. DT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Braze, Inc. (BRZE) and Dynatrace, Inc. (DT). The values are adjusted to include any dividend payments, if applicable.

BRZE vs. DT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
BRZE Braze, Inc.	-31.23%	-18.12%	-21.17%	94.76%	-64.64%	-17.38%
DT Dynatrace, Inc.	-15.16%	-20.26%	-0.62%	42.79%	-36.54%	-11.64%

Fundamentals

Market Cap BRZE : $2.56B DT : $11.15B
EPS BRZE : -$1.23 DT : $0.90
PS Ratio BRZE : 3.41 DT : 5.78
PB Ratio BRZE : 4.10 DT : 4.06
Total Revenue (TTM) BRZE : $738.18M DT : $1.93B
Gross Profit (TTM) BRZE : $495.66M DT : $1.58B
EBITDA (TTM) BRZE : -$127.11M DT : $283.91M

Returns By Period

In the year-to-date period, BRZE achieves a -31.23% return, which is significantly lower than DT's -15.16% return.

BRZE

• 1D: -0.13%
• 1M: 26.60%
• YTD: -31.23%
• 6M: -15.91%
• 1Y: -35.17%
• 3Y*: -11.97%
• 5Y*: —
• 10Y*: —

DT

• 1D: -0.57%
• 1M: 0.16%
• YTD: -15.16%
• 6M: -23.89%
• 1Y: -23.12%
• 3Y*: -4.56%
• 5Y*: -5.79%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

BRZE vs. DT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BRZE

BRZE Risk / Return Rank: 18
BRZE Sharpe Ratio Rank: 16
BRZE Sortino Ratio Rank: 18
BRZE Omega Ratio Rank: 19
BRZE Calmar Ratio Rank: 20
BRZE Martin Ratio Rank: 16

DT

DT Risk / Return Rank: 17
DT Sharpe Ratio Rank: 13
DT Sortino Ratio Rank: 14
DT Omega Ratio Rank: 15
DT Calmar Ratio Rank: 23
DT Martin Ratio Rank: 20

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.

BRZE vs. DT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Braze, Inc. (BRZE) and Dynatrace, Inc. (DT). 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.

	BRZE	DT	Difference
Sharpe ratio Return per unit of total volatility	-0.56	-0.65	+0.10
Sortino ratio Return per unit of downside risk	-0.53	-0.75	+0.21
Omega ratio Gain probability vs. loss probability	0.93	0.90	+0.03
Calmar ratio Return relative to maximum drawdown	-0.61	-0.54	-0.07
Martin ratio Return relative to average drawdown	-1.23	-1.11	-0.12
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BRZE vs. DT - Sharpe Ratio Comparison

The current BRZE Sharpe Ratio is -0.56, which is comparable to the DT Sharpe Ratio of -0.65. The chart below compares the historical Sharpe Ratios of BRZE and DT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	BRZE	DT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.56	-0.65	+0.10
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.15	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.43	0.15	-0.57

Correlation

The correlation between BRZE and DT is 0.55, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

BRZE vs. DT - Dividend Comparison

Neither BRZE nor DT has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

BRZE vs. DT - Drawdown Comparison

The maximum BRZE drawdown since its inception was -83.23%, which is greater than DT's maximum drawdown of -61.77%. Use the drawdown chart below to compare losses from any high point for BRZE and DT.

Drawdown Indicators

	BRZE	DT	Difference
Max Drawdown Largest peak-to-trough decline	-83.23%	-61.77%	-21.46%
Max Drawdown (1Y) Largest decline over 1 year	-57.20%	-40.91%	-16.29%
Max Drawdown (5Y) Largest decline over 5 years	—	-61.77%	—
Current Drawdown Current decline from peak	-74.96%	-53.31%	-21.65%
Average Drawdown Average peak-to-trough decline	-59.27%	-30.15%	-29.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	28.06%	19.78%	+8.28%

Volatility

BRZE vs. DT - Volatility Comparison

Braze, Inc. (BRZE) has a higher volatility of 24.37% compared to Dynatrace, Inc. (DT) at 11.21%. This indicates that BRZE's price experiences larger fluctuations and is considered to be riskier than DT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BRZE	DT	Difference
Volatility (1M) Calculated over the trailing 1-month period	24.37%	11.21%	+13.16%
Volatility (6M) Calculated over the trailing 6-month period	46.75%	25.73%	+21.02%
Volatility (1Y) Calculated over the trailing 1-year period	63.47%	35.63%	+27.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	63.88%	39.95%	+23.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	63.88%	46.22%	+17.66%

Financials

BRZE vs. DT - Profitability Comparison

The chart below illustrates the profitability comparison between Braze, Inc. and Dynatrace, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

BRZE - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Braze, Inc. reported a gross profit of 134.35M and revenue of 205.17M. Therefore, the gross margin over that period was 65.5%.

DT - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Dynatrace, Inc. reported a gross profit of 419.64M and revenue of 515.47M. Therefore, the gross margin over that period was 81.4%.

BRZE - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Braze, Inc. reported an operating income of -28.74M and revenue of 205.17M, resulting in an operating margin of -14.0%.

DT - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Dynatrace, Inc. reported an operating income of 72.74M and revenue of 515.47M, resulting in an operating margin of 14.1%.

BRZE - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Braze, Inc. reported a net income of -31.60M and revenue of 205.17M, resulting in a net margin of -15.4%.

DT - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Dynatrace, Inc. reported a net income of 128.85M and revenue of 515.47M, resulting in a net margin of 25.0%.