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GTLB vs. PATH
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between GTLB and PATH is 0.54, 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.


Performance

GTLB vs. PATH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GitLab Inc. (GTLB) and UiPath Inc. (PATH). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

GTLB:

-0.15

PATH:

-0.63

Sortino Ratio

GTLB:

0.33

PATH:

-0.56

Omega Ratio

GTLB:

1.04

PATH:

0.91

Calmar Ratio

GTLB:

-0.07

PATH:

-0.41

Martin Ratio

GTLB:

-0.26

PATH:

-0.92

Ulcer Index

GTLB:

19.77%

PATH:

39.27%

Daily Std Dev

GTLB:

60.18%

PATH:

57.60%

Max Drawdown

GTLB:

-79.55%

PATH:

-88.50%

Current Drawdown

GTLB:

-60.66%

PATH:

-84.82%

Fundamentals

Market Cap

GTLB:

$8.55B

PATH:

$6.99B

EPS

GTLB:

-$0.04

PATH:

-$0.13

PS Ratio

GTLB:

11.27

PATH:

4.89

PB Ratio

GTLB:

11.02

PATH:

3.79

Total Revenue (TTM)

GTLB:

$590.06M

PATH:

$1.09B

Gross Profit (TTM)

GTLB:

$523.70M

PATH:

$902.94M

EBITDA (TTM)

GTLB:

-$78.92M

PATH:

-$103.99M

Returns By Period

In the year-to-date period, GTLB achieves a -8.62% return, which is significantly lower than PATH's 1.65% return.


GTLB

YTD

-8.62%

1M

22.10%

6M

-14.00%

1Y

-8.87%

5Y*

N/A

10Y*

N/A

PATH

YTD

1.65%

1M

24.47%

6M

4.45%

1Y

-36.01%

5Y*

N/A

10Y*

N/A

*Annualized

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Risk-Adjusted Performance

GTLB vs. PATH — Risk-Adjusted Performance Rank

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

GTLB
The Risk-Adjusted Performance Rank of GTLB is 4545
Overall Rank
The Sharpe Ratio Rank of GTLB is 4343
Sharpe Ratio Rank
The Sortino Ratio Rank of GTLB is 4545
Sortino Ratio Rank
The Omega Ratio Rank of GTLB is 4444
Omega Ratio Rank
The Calmar Ratio Rank of GTLB is 4646
Calmar Ratio Rank
The Martin Ratio Rank of GTLB is 4646
Martin Ratio Rank

PATH
The Risk-Adjusted Performance Rank of PATH is 2222
Overall Rank
The Sharpe Ratio Rank of PATH is 1717
Sharpe Ratio Rank
The Sortino Ratio Rank of PATH is 2020
Sortino Ratio Rank
The Omega Ratio Rank of PATH is 1818
Omega Ratio Rank
The Calmar Ratio Rank of PATH is 2424
Calmar Ratio Rank
The Martin Ratio Rank of PATH is 2828
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

GTLB vs. PATH - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for GitLab Inc. (GTLB) and UiPath Inc. (PATH). 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.


The current GTLB Sharpe Ratio is -0.15, which is higher than the PATH Sharpe Ratio of -0.63. The chart below compares the historical Sharpe Ratios of GTLB and PATH, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

GTLB vs. PATH - Dividend Comparison

Neither GTLB nor PATH has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

GTLB vs. PATH - Drawdown Comparison

The maximum GTLB drawdown since its inception was -79.55%, smaller than the maximum PATH drawdown of -88.50%. Use the drawdown chart below to compare losses from any high point for GTLB and PATH. For additional features, visit the drawdowns tool.


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Volatility

GTLB vs. PATH - Volatility Comparison

GitLab Inc. (GTLB) has a higher volatility of 12.80% compared to UiPath Inc. (PATH) at 8.74%. This indicates that GTLB's price experiences larger fluctuations and is considered to be riskier than PATH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Financials

GTLB vs. PATH - Financials Comparison

This section allows you to compare key financial metrics between GitLab Inc. and UiPath 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.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


0.00100.00M200.00M300.00M400.00MJulyOctober2021AprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025
211.43M
423.65M
(GTLB) Total Revenue
(PATH) Total Revenue
Values in USD except per share items

GTLB vs. PATH - Profitability Comparison

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

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

75.0%80.0%85.0%90.0%JulyOctober2021AprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025
89.2%
84.8%
(GTLB) Gross Margin
(PATH) Gross Margin
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%.

PATH - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, UiPath Inc. reported a gross profit of 359.11M and revenue of 423.65M. Therefore, the gross margin over that period was 84.8%.

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%.

PATH - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, UiPath Inc. reported an operating income of 33.61M and revenue of 423.65M, resulting in an operating margin of 7.9%.

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%.

PATH - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, UiPath Inc. reported a net income of 51.79M and revenue of 423.65M, resulting in a net margin of 12.2%.