HNST vs. SHOP
Compare and contrast key facts about The Honest Company, Inc. (HNST) and Shopify Inc. (SHOP).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HNST or SHOP.
Correlation
The correlation between HNST and SHOP is 0.80, 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
HNST vs. SHOP - Performance Comparison
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Key characteristics
HNST:
128.69%
SHOP:
36.90%
HNST:
-11.69%
SHOP:
-6.72%
HNST:
-2.42%
SHOP:
-6.72%
Fundamentals
HNST:
$533.51M
SHOP:
$119.88B
HNST:
-$0.06
SHOP:
$1.55
HNST:
1.37
SHOP:
12.71
HNST:
3.07
SHOP:
10.59
HNST:
$292.12M
SHOP:
$9.83B
HNST:
$112.77M
SHOP:
$4.87B
HNST:
$2.85M
SHOP:
$1.49B
Returns By Period
HNST
N/A
N/A
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N/A
N/A
N/A
SHOP
N/A
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N/A
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Risk-Adjusted Performance
HNST vs. SHOP — Risk-Adjusted Performance Rank
HNST
SHOP
HNST vs. SHOP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for The Honest Company, Inc. (HNST) and Shopify Inc. (SHOP). 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
HNST vs. SHOP - Dividend Comparison
Neither HNST nor SHOP has paid dividends to shareholders.
Drawdowns
HNST vs. SHOP - Drawdown Comparison
The maximum HNST drawdown since its inception was -11.69%, which is greater than SHOP's maximum drawdown of -6.72%. Use the drawdown chart below to compare losses from any high point for HNST and SHOP. For additional features, visit the drawdowns tool.
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Volatility
HNST vs. SHOP - Volatility Comparison
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Financials
HNST vs. SHOP - Financials Comparison
This section allows you to compare key financial metrics between The Honest Company, Inc. and Shopify 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
HNST vs. SHOP - Profitability Comparison
HNST - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, The Honest Company, Inc. reported a gross profit of 38.77M and revenue of 99.84M. Therefore, the gross margin over that period was 38.8%.
SHOP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Shopify Inc. reported a gross profit of 1.35B and revenue of 2.81B. Therefore, the gross margin over that period was 48.1%.
HNST - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, The Honest Company, Inc. reported an operating income of -1.03M and revenue of 99.84M, resulting in an operating margin of -1.0%.
SHOP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Shopify Inc. reported an operating income of 465.00M and revenue of 2.81B, resulting in an operating margin of 16.5%.
HNST - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, The Honest Company, Inc. reported a net income of -810.00K and revenue of 99.84M, resulting in a net margin of -0.8%.
SHOP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Shopify Inc. reported a net income of 1.29B and revenue of 2.81B, resulting in a net margin of 46.0%.