PCOR vs. GWRE
PCOR (Procore Technologies, Inc.) and GWRE (Guidewire Software, Inc.) are both stocks. Both operate in the Software - Application industry within the Technology sector. Over the past 5 years, PCOR returned -11.91%/yr vs 5.69%/yr for GWRE. Their 0.58 correlation means they have sometimes moved together and sometimes differently.
Performance
PCOR vs. GWRE - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with PCOR having a -24.70% return and GWRE slightly higher at -24.41%.
PCOR
- 1D
- 1.82%
- 1M
- 24.56%
- 6M
- -3.04%
- YTD
- -24.70%
- 1Y
- -11.72%
- 3Y*
- -10.21%
- 5Y*
- -11.91%
- 10Y*
- —
- ALL TIME*
- -7.90%
GWRE
- 1D
- -0.83%
- 1M
- 12.99%
- 6M
- 7.94%
- YTD
- -24.41%
- 1Y
- -31.83%
- 3Y*
- 20.67%
- 5Y*
- 5.69%
- 10Y*
- 9.59%
- ALL TIME*
- 16.41%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $184.10M | $187.99M | $221.77M | |
| $176.98M | $146.53M | $145.23M |
PCOR vs. GWRE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
PCOR Procore Technologies, Inc. | -24.70% | -2.92% | 8.25% | 46.71% | -41.00% | -4.80% |
GWRE Guidewire Software, Inc. | -24.41% | 19.24% | 54.60% | 74.30% | -44.90% | 19.04% |
Correlation
The correlation between PCOR and GWRE is 0.59, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.59 |
Correlation (3Y) Balances recent behavior with more history. | 0.51 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.59 |
Correlation (All Time) Calculated using the full available price history since May 20, 2021 | 0.58 |
The correlation between PCOR and GWRE has been stable across timeframes, ranging from 0.51 to 0.59 - a consistent structural relationship.
Fundamentals
PCOR:
$8.26B
GWRE:
$12.65B
PCOR:
-$0.26
GWRE:
$1.85
PCOR:
5.82
GWRE:
9.22
PCOR:
6.56
GWRE:
9.91
PCOR:
$1.42B
GWRE:
$1.42B
PCOR:
$1.13B
GWRE:
$909.50M
PCOR:
$17.17M
GWRE:
$120.35M
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Return for Risk
PCOR vs. GWRE — Risk / Return Rank
PCOR
GWRE
PCOR vs. GWRE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Procore Technologies, Inc. (PCOR) and Guidewire Software, Inc. (GWRE). 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.
| PCOR | GWRE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.14 | ||
| Sortino ratioReturn per unit of downside risk | +0.31 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 0.92 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | -0.46 | -0.54 | +0.09 |
| Martin ratioReturn relative to average drawdown | -0.88 | -0.91 | +0.03 |
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Drawdowns
PCOR vs. GWRE - Drawdown Comparison
The maximum PCOR drawdown since its inception was -63.85%, which is greater than GWRE's maximum drawdown of -60.79%. Use the drawdown chart below to compare losses from any high point for PCOR and GWRE.
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Drawdown Indicators
| PCOR | GWRE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.85% | -60.79% | -3.06% |
Max Drawdown (1Y)Largest decline over 1 year | -51.88% | -60.79% | +8.91% |
Max Drawdown (3Y)Largest decline over 3 years | -56.64% | -60.79% | +4.15% |
Max Drawdown (5Y)Largest decline over 5 years | -63.48% | -60.79% | -2.69% |
Max Drawdown (10Y)Largest decline over 10 years | — | -60.79% | — |
Current DrawdownCurrent decline from peak | -48.30% | -41.98% | -6.32% |
Average DrawdownAverage peak-to-trough decline | -37.38% | -15.95% | -21.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 26.96% | 36.01% | -9.05% |
Volatility
PCOR vs. GWRE - Volatility Comparison
The current volatility for Procore Technologies, Inc. (PCOR) is 16.14%, while Guidewire Software, Inc. (GWRE) has a volatility of 19.32%. This indicates that PCOR experiences smaller price fluctuations and is considered to be less risky than GWRE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PCOR | GWRE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.14% | 19.32% | -3.18% |
Volatility (6M)Calculated over the trailing 6-month period | 42.29% | 46.89% | -4.60% |
Volatility (1Y)Calculated over the trailing 1-year period | 52.37% | 55.87% | -3.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 49.83% | 40.89% | +8.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 49.55% | 36.44% | +13.11% |
Dividends
PCOR vs. GWRE - Dividend Comparison
Neither PCOR nor GWRE has paid dividends to shareholders.
Financials
PCOR vs. GWRE - Financials Comparison
This section allows you to compare key financial metrics between Procore Technologies, Inc. and Guidewire Software, 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
PCOR vs. GWRE - Profitability Comparison
PCOR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Procore Technologies, Inc. reported a gross profit of 299.80M and revenue of 375.21M. Therefore, the gross margin over that period was 79.9%.
GWRE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Guidewire Software, Inc. reported a gross profit of 236.65M and revenue of 372.54M. Therefore, the gross margin over that period was 63.5%.
PCOR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Procore Technologies, Inc. reported an operating income of -5.94M and revenue of 375.21M, resulting in an operating margin of -1.6%.
GWRE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Guidewire Software, Inc. reported an operating income of 30.19M and revenue of 372.54M, resulting in an operating margin of 8.1%.
PCOR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Procore Technologies, Inc. reported a net income of 16.92M and revenue of 375.21M, resulting in a net margin of 4.5%.
GWRE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Guidewire Software, Inc. reported a net income of 16.47M and revenue of 372.54M, resulting in a net margin of 4.4%.
Frequently Asked Questions
PCOR and GWRE have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GWRE has higher volatility (19.32%) compared to PCOR (16.14%). In terms of maximum drawdown, PCOR dropped -63.85% vs GWRE's -60.79%.
PCOR currently has the higher Sharpe Ratio (-0.45 vs -0.59), 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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