PAY vs. BILL
PAY (Paymentus Holdings, Inc.) and BILL (Bill.com Holdings, Inc.) are both stocks. Both are in the Technology sector — PAY in Information Technology Services, BILL in Software - Application. Over the past 5 years, PAY returned -6.85%/yr vs -26.75%/yr for BILL. At a 0.41 correlation, their price movements are largely independent.
Performance
PAY vs. BILL - Performance Comparison
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Returns By Period
In the year-to-date period, PAY achieves a -33.14% return, which is significantly higher than BILL's -39.16% return.
PAY
- 1D
- 2.08%
- 1M
- -14.36%
- YTD
- -33.14%
- 6M
- -34.00%
- 1Y
- -38.73%
- 3Y*
- 27.37%
- 5Y*
- -6.85%
- 10Y*
- —
BILL
- 1D
- 3.27%
- 1M
- -16.97%
- YTD
- -39.16%
- 6M
- -39.18%
- 1Y
- -24.54%
- 3Y*
- -34.51%
- 5Y*
- -26.75%
- 10Y*
- —
PAY vs. BILL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
PAY Paymentus Holdings, Inc. | -33.14% | -3.31% | 82.82% | 123.10% | -77.10% | 21.63% |
BILL Bill.com Holdings, Inc. | -39.16% | -35.62% | 3.82% | -25.12% | -56.27% | 70.36% |
Correlation
The correlation between PAY and BILL is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.33 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.32 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.42 |
Correlation (All Time) Calculated using the full available price history since May 26, 2021 | 0.41 |
Fundamentals
PAY:
$2.73B
BILL:
$3.39B
PAY:
$0.57
BILL:
$0.00
PAY:
36.87
BILL:
20.80K
PAY:
2.13
BILL:
2.12
PAY:
4.68
BILL:
0.89
PAY:
$1.28B
BILL:
$1.60B
PAY:
$316.55M
BILL:
$1.29B
PAY:
$121.90M
BILL:
$68.77M
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Return for Risk
PAY vs. BILL — Risk / Return Rank
PAY
BILL
PAY vs. BILL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Paymentus Holdings, Inc. (PAY) and Bill.com Holdings, Inc. (BILL). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PAY | BILL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.37 | ||
| Sortino ratioReturn per unit of downside risk | -0.78 | ||
| Omega ratioGain probability vs. loss probability | 0.87 | 0.97 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | -0.82 | -0.57 | -0.25 |
| Martin ratioReturn relative to average drawdown | -1.53 | -1.25 | -0.28 |
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Drawdowns
PAY vs. BILL - Drawdown Comparison
The maximum PAY drawdown since its inception was -80.78%, smaller than the maximum BILL drawdown of -90.61%. Use the drawdown chart below to compare losses from any high point for PAY and BILL.
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Drawdown Indicators
| PAY | BILL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.78% | -90.61% | +9.83% |
Max Drawdown (1Y)Largest decline over 1 year | -47.26% | -42.94% | -4.32% |
Max Drawdown (3Y)Largest decline over 3 years | -48.47% | -76.29% | +27.82% |
Max Drawdown (5Y)Largest decline over 5 years | -80.78% | -90.61% | +9.83% |
Current DrawdownCurrent decline from peak | -46.99% | -90.31% | +43.32% |
Average DrawdownAverage peak-to-trough decline | -41.65% | -54.69% | +13.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 25.37% | 19.67% | +5.70% |
Volatility
PAY vs. BILL - Volatility Comparison
The current volatility for Paymentus Holdings, Inc. (PAY) is 12.31%, while Bill.com Holdings, Inc. (BILL) has a volatility of 16.82%. This indicates that PAY experiences smaller price fluctuations and is considered to be less risky than BILL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PAY | BILL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.31% | 16.82% | -4.51% |
Volatility (6M)Calculated over the trailing 6-month period | 32.98% | 50.00% | -17.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 51.47% | 63.38% | -11.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 62.30% | 70.45% | -8.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 62.48% | 72.98% | -10.50% |
Dividends
PAY vs. BILL - Dividend Comparison
Neither PAY nor BILL has paid dividends to shareholders.
Financials
PAY vs. BILL - Financials Comparison
This section allows you to compare key financial metrics between Paymentus Holdings, Inc. and Bill.com Holdings, 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
PAY vs. BILL - Profitability Comparison
PAY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Paymentus Holdings, Inc. reported a gross profit of 86.23M and revenue of 358.44M. Therefore, the gross margin over that period was 24.1%.
BILL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Bill.com Holdings, Inc. reported a gross profit of 331.85M and revenue of 406.56M. Therefore, the gross margin over that period was 81.6%.
PAY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Paymentus Holdings, Inc. reported an operating income of 26.55M and revenue of 358.44M, resulting in an operating margin of 7.4%.
BILL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Bill.com Holdings, Inc. reported an operating income of 96.41M and revenue of 406.56M, resulting in an operating margin of 23.7%.
PAY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Paymentus Holdings, Inc. reported a net income of 20.88M and revenue of 358.44M, resulting in a net margin of 5.8%.
BILL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Bill.com Holdings, Inc. reported a net income of 12.79M and revenue of 406.56M, resulting in a net margin of 3.1%.
Frequently Asked Questions
PAY and BILL have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BILL has higher volatility (16.82%) compared to PAY (12.31%). In terms of maximum drawdown, PAY dropped -80.78% vs BILL's -90.61%.
BILL currently has the higher Sharpe Ratio (-0.39 vs -0.76), 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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