GTLB vs. GOOG
Compare and contrast key facts about GitLab Inc. (GTLB) and Alphabet Inc (GOOG).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GTLB or GOOG.
Correlation
The correlation between GTLB and GOOG is 0.71, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
GTLB vs. GOOG - Performance Comparison
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Key characteristics
GTLB:
-0.28
GOOG:
-0.09
GTLB:
-0.06
GOOG:
0.07
GTLB:
0.99
GOOG:
1.01
GTLB:
-0.27
GOOG:
-0.11
GTLB:
-0.92
GOOG:
-0.23
GTLB:
20.06%
GOOG:
13.86%
GTLB:
60.51%
GOOG:
31.19%
GTLB:
-79.55%
GOOG:
-44.60%
GTLB:
-63.50%
GOOG:
-17.11%
Fundamentals
GTLB:
$7.86B
GOOG:
$2.05T
GTLB:
-$0.04
GOOG:
$8.96
GTLB:
10.35
GOOG:
5.71
GTLB:
10.13
GOOG:
5.98
GTLB:
$590.06M
GOOG:
$359.71B
GTLB:
$523.70M
GOOG:
$210.76B
GTLB:
-$78.92M
GOOG:
$149.88B
Returns By Period
In the year-to-date period, GTLB achieves a -15.23% return, which is significantly lower than GOOG's -9.59% return.
GTLB
-15.23%
14.97%
-26.28%
-16.83%
8.04%
N/A
N/A
GOOG
-9.59%
11.75%
1.85%
-2.92%
15.67%
19.63%
20.39%
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Risk-Adjusted Performance
GTLB vs. GOOG — Risk-Adjusted Performance Rank
GTLB
GOOG
GTLB vs. GOOG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for GitLab Inc. (GTLB) and Alphabet Inc (GOOG). 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.
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Dividends
GTLB vs. GOOG - Dividend Comparison
GTLB has not paid dividends to shareholders, while GOOG's dividend yield for the trailing twelve months is around 0.47%.
| TTM | 2024 | |
|---|---|---|
GTLB GitLab Inc. | 0.00% | 0.00% |
GOOG Alphabet Inc | 0.47% | 0.32% |
Drawdowns
GTLB vs. GOOG - Drawdown Comparison
The maximum GTLB drawdown since its inception was -79.55%, which is greater than GOOG's maximum drawdown of -44.60%. Use the drawdown chart below to compare losses from any high point for GTLB and GOOG. For additional features, visit the drawdowns tool.
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Volatility
GTLB vs. GOOG - Volatility Comparison
GitLab Inc. (GTLB) has a higher volatility of 14.20% compared to Alphabet Inc (GOOG) at 10.96%. This indicates that GTLB's price experiences larger fluctuations and is considered to be riskier than GOOG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
GTLB vs. GOOG - Financials Comparison
This section allows you to compare key financial metrics between GitLab Inc. and Alphabet 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
GTLB vs. GOOG - Profitability Comparison
GTLB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, GitLab Inc. reported a gross profit of 188.56M and revenue of 211.43M. Therefore, the gross margin over that period was 89.2%.
GOOG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Alphabet Inc reported a gross profit of 53.87B and revenue of 90.23B. Therefore, the gross margin over that period was 59.7%.
GTLB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, GitLab Inc. reported an operating income of -19.34M and revenue of 211.43M, resulting in an operating margin of -9.2%.
GOOG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Alphabet Inc reported an operating income of 30.61B and revenue of 90.23B, resulting in an operating margin of 33.9%.
GTLB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, GitLab Inc. reported a net income of 5.80M and revenue of 211.43M, resulting in a net margin of 2.8%.
GOOG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Alphabet Inc reported a net income of 34.54B and revenue of 90.23B, resulting in a net margin of 38.3%.