NSIT vs. SPOT

Last updated Apr 1, 2026

Compare and contrast key facts about Insight Enterprises, Inc. (NSIT) and Spotify Technology S.A. (SPOT).

Performance

NSIT vs. SPOT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Insight Enterprises, Inc. (NSIT) and Spotify Technology S.A. (SPOT). The values are adjusted to include any dividend payments, if applicable.

NSIT vs. SPOT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
NSIT Insight Enterprises, Inc.	-17.75%	-46.44%	-14.16%	76.71%	-5.94%	40.10%	8.25%	72.49%	20.60%
SPOT Spotify Technology S.A.	-16.50%	29.80%	138.08%	138.01%	-66.27%	-25.62%	110.40%	31.76%	-23.83%

Fundamentals

Market Cap NSIT : $2.08B SPOT : $103.04B
EPS NSIT : $4.98 SPOT : $10.59
PE Ratio NSIT : 13.44 SPOT : 45.78
PS Ratio NSIT : 0.26 SPOT : 5.88
PB Ratio NSIT : 1.26 SPOT : 12.38
Total Revenue (TTM) NSIT : $8.25B SPOT : $17.14B
Gross Profit (TTM) NSIT : $1.76B SPOT : $5.48B
EBITDA (TTM) NSIT : $416.68M SPOT : $2.37B

Returns By Period

In the year-to-date period, NSIT achieves a -17.75% return, which is significantly lower than SPOT's -16.50% return.

NSIT

• 1D: 4.00%
• 1M: -19.81%
• YTD: -17.75%
• 6M: -40.91%
• 1Y: -55.32%
• 3Y*: -22.32%
• 5Y*: -6.93%
• 10Y*: 8.88%

SPOT

• 1D: 2.09%
• 1M: -5.83%
• YTD: -16.50%
• 6M: -30.53%
• 1Y: -11.84%
• 3Y*: 53.67%
• 5Y*: 12.17%
• 10Y*: —

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

Return for Risk

NSIT vs. SPOT — Risk / Return Rank

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

NSIT

NSIT Risk / Return Rank: 2
NSIT Sharpe Ratio Rank: 1
NSIT Sortino Ratio Rank: 1
NSIT Omega Ratio Rank: 2
NSIT Calmar Ratio Rank: 3
NSIT Martin Ratio Rank: 3

SPOT

SPOT Risk / Return Rank: 31
SPOT Sharpe Ratio Rank: 30
SPOT Sortino Ratio Rank: 29
SPOT Omega Ratio Rank: 29
SPOT Calmar Ratio Rank: 33
SPOT Martin Ratio Rank: 32

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.

NSIT vs. SPOT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Insight Enterprises, Inc. (NSIT) and Spotify Technology S.A. (SPOT). 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.

	NSIT	SPOT	Difference
Sharpe ratio Return per unit of total volatility	-1.37	-0.26	-1.11
Sortino ratio Return per unit of downside risk	-2.20	-0.08	-2.12
Omega ratio Gain probability vs. loss probability	0.72	0.99	-0.27
Calmar ratio Return relative to maximum drawdown	-0.98	-0.29	-0.69
Martin ratio Return relative to average drawdown	-1.81	-0.65	-1.16
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NSIT vs. SPOT - Sharpe Ratio Comparison

The current NSIT Sharpe Ratio is -1.37, which is lower than the SPOT Sharpe Ratio of -0.26. The chart below compares the historical Sharpe Ratios of NSIT and SPOT, 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

	NSIT	SPOT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-1.37	-0.26	-1.11
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.23	0.26	-0.49
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.26	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.22	0.34	-0.12

Correlation

The correlation between NSIT and SPOT is 0.23, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

NSIT vs. SPOT - Dividend Comparison

Neither NSIT nor SPOT has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

NSIT vs. SPOT - Drawdown Comparison

The maximum NSIT drawdown since its inception was -95.19%, which is greater than SPOT's maximum drawdown of -80.51%. Use the drawdown chart below to compare losses from any high point for NSIT and SPOT.

Drawdown Indicators

	NSIT	SPOT	Difference
Max Drawdown Largest peak-to-trough decline	-95.19%	-80.51%	-14.68%
Max Drawdown (1Y) Largest decline over 1 year	-56.36%	-46.80%	-9.56%
Max Drawdown (5Y) Largest decline over 5 years	-71.39%	-76.39%	+5.00%
Max Drawdown (10Y) Largest decline over 10 years	-71.39%	—	—
Current Drawdown Current decline from peak	-70.25%	-37.50%	-32.75%
Average Drawdown Average peak-to-trough decline	-37.04%	-30.63%	-6.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	30.99%	21.01%	+9.98%

Volatility

NSIT vs. SPOT - Volatility Comparison

Insight Enterprises, Inc. (NSIT) has a higher volatility of 16.51% compared to Spotify Technology S.A. (SPOT) at 12.34%. This indicates that NSIT's price experiences larger fluctuations and is considered to be riskier than SPOT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NSIT	SPOT	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.51%	12.34%	+4.17%
Volatility (6M) Calculated over the trailing 6-month period	28.24%	31.26%	-3.02%
Volatility (1Y) Calculated over the trailing 1-year period	40.41%	44.97%	-4.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.27%	47.40%	-17.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.89%	47.06%	-12.17%

Financials

NSIT vs. SPOT - Profitability Comparison

The chart below illustrates the profitability comparison between Insight Enterprises, Inc. and Spotify Technology S.A. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

NSIT - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Insight Enterprises, Inc. reported a gross profit of 478.43M and revenue of 2.05B. Therefore, the gross margin over that period was 23.4%.

SPOT - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Spotify Technology S.A. reported a gross profit of 1.48B and revenue of 4.49B. Therefore, the gross margin over that period was 33.1%.

NSIT - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Insight Enterprises, Inc. reported an operating income of 117.02M and revenue of 2.05B, resulting in an operating margin of 5.7%.

SPOT - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Spotify Technology S.A. reported an operating income of 694.43M and revenue of 4.49B, resulting in an operating margin of 15.5%.

NSIT - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Insight Enterprises, Inc. reported a net income of 51.95M and revenue of 2.05B, resulting in a net margin of 2.5%.

SPOT - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Spotify Technology S.A. reported a net income of 1.16B and revenue of 4.49B, resulting in a net margin of 25.9%.