LSPD vs. BL
LSPD (Lightspeed Commerce Inc) and BL (BlackLine, Inc.) are both stocks. Both are in the Technology sector — LSPD in Software - Application, BL in Software - Infrastructure. Over the past 5 years, LSPD returned -33.55%/yr vs -22.27%/yr for BL. A 0.51 correlation means they provide meaningful diversification when combined.
Performance
LSPD vs. BL - Performance Comparison
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Returns By Period
In the year-to-date period, LSPD achieves a -22.93% return, which is significantly higher than BL's -47.89% return.
LSPD
- 1D
- -3.82%
- 1M
- -2.51%
- YTD
- -22.93%
- 6M
- -17.83%
- 1Y
- -15.75%
- 3Y*
- -14.72%
- 5Y*
- -33.55%
- 10Y*
- —
BL
- 1D
- -5.48%
- 1M
- -13.82%
- YTD
- -47.89%
- 6M
- -50.95%
- 1Y
- -49.97%
- 3Y*
- -19.52%
- 5Y*
- -22.27%
- 10Y*
- —
LSPD vs. BL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
LSPD Lightspeed Commerce Inc | -22.93% | -20.68% | -27.44% | 46.78% | -64.63% | -42.56% | 151.62% | -15.04% |
BL BlackLine, Inc. | -47.89% | -9.00% | -2.69% | -7.18% | -35.03% | -22.37% | 158.69% | -1.17% |
Correlation
The correlation between LSPD and BL is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.45 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.46 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.55 |
Correlation (All Time) Calculated using the full available price history since Aug 14, 2019 | 0.51 |
The correlation between LSPD and BL shifts across timeframes, from 0.45 (1 year) to 0.55 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
LSPD:
$1.30B
BL:
$2.01B
LSPD:
-$1.04
BL:
$0.39
LSPD:
1.06
BL:
2.71
LSPD:
0.87
BL:
6.58
LSPD:
$1.23B
BL:
$716.65M
LSPD:
$451.95M
BL:
$539.92M
LSPD:
-$1.76M
BL:
$87.84M
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Return for Risk
LSPD vs. BL — Risk / Return Rank
LSPD
BL
LSPD vs. BL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lightspeed Commerce Inc (LSPD) and BlackLine, Inc. (BL). 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.
| LSPD | BL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.71 | ||
| Sortino ratioReturn per unit of downside risk | +1.34 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 0.80 | +0.17 |
| Calmar ratioReturn relative to maximum drawdown | -0.40 | -0.88 | +0.48 |
| Martin ratioReturn relative to average drawdown | -0.71 | -1.96 | +1.25 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| LSPD | BL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.37 | -1.08 | +0.71 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.55 | -0.50 | -0.05 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.24 | 0.05 | -0.28 |
Drawdowns
LSPD vs. BL - Drawdown Comparison
The maximum LSPD drawdown since its inception was -93.68%, which is greater than BL's maximum drawdown of -83.22%. Use the drawdown chart below to compare losses from any high point for LSPD and BL.
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Drawdown Indicators
| LSPD | BL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -93.68% | -83.22% | -10.46% |
Max Drawdown (1Y)Largest decline over 1 year | -39.48% | -57.11% | +17.63% |
Max Drawdown (3Y)Largest decline over 3 years | -62.75% | -63.25% | +0.50% |
Max Drawdown (5Y)Largest decline over 5 years | -93.68% | -80.80% | -12.88% |
Current DrawdownCurrent decline from peak | -92.52% | -80.84% | -11.68% |
Average DrawdownAverage peak-to-trough decline | -64.31% | -35.04% | -29.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.14% | 25.45% | -3.31% |
Volatility
LSPD vs. BL - Volatility Comparison
The current volatility for Lightspeed Commerce Inc (LSPD) is 14.81%, while BlackLine, Inc. (BL) has a volatility of 25.83%. This indicates that LSPD experiences smaller price fluctuations and is considered to be less risky than BL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LSPD | BL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.81% | 25.83% | -11.02% |
Volatility (6M)Calculated over the trailing 6-month period | 28.97% | 41.66% | -12.69% |
Volatility (1Y)Calculated over the trailing 1-year period | 42.73% | 46.63% | -3.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 61.75% | 44.70% | +17.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 72.42% | 44.89% | +27.53% |
Dividends
LSPD vs. BL - Dividend Comparison
Neither LSPD nor BL has paid dividends to shareholders.
Financials
LSPD vs. BL - Financials Comparison
This section allows you to compare key financial metrics between Lightspeed Commerce Inc and BlackLine, 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
LSPD vs. BL - Profitability Comparison
LSPD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Lightspeed Commerce Inc reported a gross profit of 90.13M and revenue of 286.77M. Therefore, the gross margin over that period was 31.4%.
BL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, BlackLine, Inc. reported a gross profit of 139.15M and revenue of 183.16M. Therefore, the gross margin over that period was 76.0%.
LSPD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Lightspeed Commerce Inc reported an operating income of -33.49M and revenue of 286.77M, resulting in an operating margin of -11.7%.
BL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, BlackLine, Inc. reported an operating income of 6.24M and revenue of 183.16M, resulting in an operating margin of 3.4%.
LSPD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Lightspeed Commerce Inc reported a net income of -28.17M and revenue of 286.77M, resulting in a net margin of -9.8%.
BL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, BlackLine, Inc. reported a net income of 8.13M and revenue of 183.16M, resulting in a net margin of 4.4%.
Frequently Asked Questions
LSPD and BL have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BL has higher volatility (25.83%) compared to LSPD (14.81%). In terms of maximum drawdown, LSPD dropped -93.68% vs BL's -83.22%.
LSPD currently has the higher Sharpe Ratio (-0.37 vs -1.08), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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