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SPSC vs. PANW
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between SPSC and PANW is 0.49, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Performance

SPSC vs. PANW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPS Commerce, Inc. (SPSC) and Palo Alto Networks, Inc. (PANW). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

SPSC:

-0.59

PANW:

0.83

Sortino Ratio

SPSC:

-0.55

PANW:

1.28

Omega Ratio

SPSC:

0.93

PANW:

1.16

Calmar Ratio

SPSC:

-0.44

PANW:

1.03

Martin Ratio

SPSC:

-0.92

PANW:

3.12

Ulcer Index

SPSC:

20.89%

PANW:

8.87%

Daily Std Dev

SPSC:

36.21%

PANW:

36.39%

Max Drawdown

SPSC:

-49.97%

PANW:

-47.98%

Current Drawdown

SPSC:

-29.50%

PANW:

-7.10%

Fundamentals

Market Cap

SPSC:

$5.46B

PANW:

$123.77B

EPS

SPSC:

$2.14

PANW:

$1.77

PE Ratio

SPSC:

67.23

PANW:

105.61

PEG Ratio

SPSC:

4.71

PANW:

2.31

PS Ratio

SPSC:

8.16

PANW:

14.44

PB Ratio

SPSC:

5.93

PANW:

19.54

Total Revenue (TTM)

SPSC:

$669.74M

PANW:

$6.59B

Gross Profit (TTM)

SPSC:

$448.76M

PANW:

$4.86B

EBITDA (TTM)

SPSC:

$135.81M

PANW:

$1.26B

Returns By Period

In the year-to-date period, SPSC achieves a -17.46% return, which is significantly lower than PANW's 6.34% return. Over the past 10 years, SPSC has underperformed PANW with an annualized return of 16.38%, while PANW has yielded a comparatively higher 22.41% annualized return.


SPSC

YTD

-17.46%

1M

15.32%

6M

-18.86%

1Y

-21.09%

5Y*

22.12%

10Y*

16.38%

PANW

YTD

6.34%

1M

14.95%

6M

-2.79%

1Y

30.10%

5Y*

40.20%

10Y*

22.41%

*Annualized

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Risk-Adjusted Performance

SPSC vs. PANW — Risk-Adjusted Performance Rank

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

SPSC
The Risk-Adjusted Performance Rank of SPSC is 2121
Overall Rank
The Sharpe Ratio Rank of SPSC is 1919
Sharpe Ratio Rank
The Sortino Ratio Rank of SPSC is 2121
Sortino Ratio Rank
The Omega Ratio Rank of SPSC is 2020
Omega Ratio Rank
The Calmar Ratio Rank of SPSC is 1919
Calmar Ratio Rank
The Martin Ratio Rank of SPSC is 2727
Martin Ratio Rank

PANW
The Risk-Adjusted Performance Rank of PANW is 7878
Overall Rank
The Sharpe Ratio Rank of PANW is 8080
Sharpe Ratio Rank
The Sortino Ratio Rank of PANW is 7373
Sortino Ratio Rank
The Omega Ratio Rank of PANW is 7171
Omega Ratio Rank
The Calmar Ratio Rank of PANW is 8585
Calmar Ratio Rank
The Martin Ratio Rank of PANW is 7979
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

SPSC vs. PANW - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for SPS Commerce, Inc. (SPSC) and Palo Alto Networks, Inc. (PANW). 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.


The current SPSC Sharpe Ratio is -0.59, which is lower than the PANW Sharpe Ratio of 0.83. The chart below compares the historical Sharpe Ratios of SPSC and PANW, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

SPSC vs. PANW - Dividend Comparison

Neither SPSC nor PANW has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

SPSC vs. PANW - Drawdown Comparison

The maximum SPSC drawdown since its inception was -49.97%, roughly equal to the maximum PANW drawdown of -47.98%. Use the drawdown chart below to compare losses from any high point for SPSC and PANW. For additional features, visit the drawdowns tool.


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Volatility

SPSC vs. PANW - Volatility Comparison

The current volatility for SPS Commerce, Inc. (SPSC) is 8.86%, while Palo Alto Networks, Inc. (PANW) has a volatility of 9.35%. This indicates that SPSC experiences smaller price fluctuations and is considered to be less risky than PANW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Financials

SPSC vs. PANW - Financials Comparison

This section allows you to compare key financial metrics between SPS Commerce, Inc. and Palo Alto Networks, 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.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


0.00500.00M1.00B1.50B2.00B20212022202320242025
181.55M
2.26B
(SPSC) Total Revenue
(PANW) Total Revenue
Values in USD except per share items

SPSC vs. PANW - Profitability Comparison

The chart below illustrates the profitability comparison between SPS Commerce, Inc. and Palo Alto Networks, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

62.0%64.0%66.0%68.0%70.0%72.0%74.0%20212022202320242025
68.7%
73.5%
(SPSC) Gross Margin
(PANW) Gross Margin
SPSC - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, SPS Commerce, Inc. reported a gross profit of 124.64M and revenue of 181.55M. Therefore, the gross margin over that period was 68.7%.

PANW - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Palo Alto Networks, Inc. reported a gross profit of 1.66B and revenue of 2.26B. Therefore, the gross margin over that period was 73.5%.

SPSC - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, SPS Commerce, Inc. reported an operating income of 25.96M and revenue of 181.55M, resulting in an operating margin of 14.3%.

PANW - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Palo Alto Networks, Inc. reported an operating income of 240.40M and revenue of 2.26B, resulting in an operating margin of 10.7%.

SPSC - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, SPS Commerce, Inc. reported a net income of 22.20M and revenue of 181.55M, resulting in a net margin of 12.2%.

PANW - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Palo Alto Networks, Inc. reported a net income of 267.30M and revenue of 2.26B, resulting in a net margin of 11.8%.