SPS Commerce [SPSC] vs Salesforce [CRM] Detailed Stock Comparison

TLDR: Quick Comparison Summary

Based on 21 vital metrics comparison: SPS Commerce Inc. wins in 10 metrics, Salesforce Inc. wins in 10 metrics, with 0 ties. Both stocks appear equally matched on key metrics.

View Metrics Details

Vital Metrics Comparison

Metric SPS Commerce Inc. Salesforce Inc. Better
P/E Ratio (TTM) 21.67 23.99 SPS Commerce Inc.
Price-to-Book Ratio 2.05 2.94 SPS Commerce Inc.
Debt-to-Equity Ratio 0.74 29.95 SPS Commerce Inc.
PEG Ratio 0.46 1.42 SPS Commerce Inc.
EV/EBITDA 10.48 14.41 SPS Commerce Inc.
Profit Margin (TTM) 12.42% 17.96% Salesforce Inc.
Operating Margin (TTM) 18.00% 19.24% Salesforce Inc.
EBITDA Margin (TTM) 18.00% 19.24% Salesforce Inc.
Return on Equity 10.21% 12.40% Salesforce Inc.
Return on Assets (TTM) 6.72% 5.18% SPS Commerce Inc.
Free Cash Flow (TTM) $152.27M $14.40B Salesforce Inc.
Dividend Yield N/A 0.65% N/A
1-Year Return -59.68% -27.99% Salesforce Inc.
Price-to-Sales Ratio (TTM) 2.65 4.16 SPS Commerce Inc.
Enterprise Value $1.85B $180.85B Salesforce Inc.
EV/Revenue Ratio 2.46 4.36 SPS Commerce Inc.
Gross Profit Margin (TTM) 70.44% 77.61% Salesforce Inc.
Revenue per Share (TTM) $20 $44 Salesforce Inc.
Earnings per Share (Diluted) $2.46 $7.80 Salesforce Inc.
Beta (Stock Volatility) 0.62 1.29 SPS Commerce Inc.
Short % of Float 8.15% 11.00% SPS Commerce Inc.

SPS Commerce Inc. vs Salesforce Inc. Stock Performance Analysis

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Performance Comparison

Short-term Returns

Stock1D1W1M3M6MYTD
SPS Commerce Inc.-3.89%4.77%-5.11%-7.40%-33.47%-36.81%
Salesforce Inc.-5.09%7.38%2.77%-2.77%-20.15%-24.84%

Long-term Returns

Stock1Y3Y5Y10Y15Y20Y
SPS Commerce Inc.-59.68%-65.13%-39.97%97.74%587.05%716.55%
Salesforce Inc.-27.99%-10.29%-19.53%131.50%427.17%2,458.23%

Performance & Financial Health Analysis: SPS Commerce Inc. vs Salesforce Inc.

MetricSPSCCRM
Market Information
Market Cap i$2.04B$159.96B
Market Cap CategoryMid capLarge cap
10 Day Avg. Volume i515,02914,778,934
90 Day Avg. Volume i645,05613,868,465
Last Close$55.55$190.61
52 Week Range$49.04 - $147.61$163.52 - $276.80
% from 52W High-62.37%-31.14%
All-Time High$218.74 (Feb 05, 2024)$369.00 (Dec 02, 2024)
% from All-Time High-74.60%-48.34%
Growth Metrics
Quarterly Revenue Growth0.13%0.12%
Quarterly Earnings Growth0.47%0.14%
Financial Health
Profit Margin (TTM) i0.12%0.18%
Operating Margin (TTM) i0.18%0.19%
Return on Equity (TTM) i0.10%0.12%
Debt to Equity (MRQ) i0.7429.95
Cash & Liquidity
Book Value per Share (MRQ)$25.96$63.66
Cash per Share (MRQ)$4.05$10.36
Operating Cash Flow (TTM) i$178.79M$15.00B
Levered Free Cash Flow (TTM) i$124.24M$16.37B
Dividends
Last 12-Month Dividend Yield iN/A0.65%
Last 12-Month Dividend iN/A$1.68

Valuation & Enterprise Metrics Analysis: SPS Commerce Inc. vs Salesforce Inc.

MetricSPSC (Apr 26, 2026)CRM (Apr 24, 2026)
Price Ratios
P/E Ratio (TTM) i21.6723.99
Forward P/E i10.5112.53
PEG Ratio i0.461.42
Price to Sales (TTM) i2.654.16
Price to Book (MRQ) i2.052.94
Market Capitalization
Market Capitalization i$2.04B$159.96B
Enterprise Value i$1.85B$180.85B
Enterprise Value Metrics
Enterprise to Revenue i2.464.36
Enterprise to EBITDA i10.4814.41
Risk & Other Metrics
Beta i0.621.29
Book Value per Share (MRQ) i$25.96$63.66

Financial Statements Comparison: SPS Commerce Inc. vs Salesforce Inc.

Financial Metrics

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Revenue

Operating Margin

Profit Margin

Long Term Debt

Income Flow Analysis

Financial Statements Comparison

Income Statement

MetricSPSC (2025)CRM (2026)
Revenue/Sales i751.51M41.53B
Cost of Goods Sold i231.63M9.27B
COGS % of Revenue i30.8%22.3%
Gross Profit i519.88M32.26B
Gross Margin i69.2%77.7%
Research & Development i68.68M5.99B
Operating Income (EBIT) i118.30M8.92B
Operating Margin i15.7%21.5%
EBITDA i171.52M12.12B
EBITDA Margin i22.8%29.2%
Pre-Tax Income i123.84M9.52B
Pre-Tax Income % of Revenue i16.5%22.9%
Income Tax i30.50M2.06B
Income Tax % of Revenue i4.1%5.0%
Net Income (Profit) i93.34M7.46B
Profit Margin i12.4%18.0%

Balance Sheet & Liquidity Metrics

MetricSPSC (2025)CRM (2026)
Cash & Equivalents i151.36M7.33B
Total Current Assets i335.30M28.22B
Total Current Assets % of Revenue i44.6%68.0%
Total Current Liabilities i154.35M37.12B
Total Current Liabilities % of Revenue i20.5%89.4%
Long-Term Debt i2.84M12.63B
Long-Term Debt % of Revenue i0.4%30.4%
Total Shareholders Equity i973.89M59.14B
Retained Earnings i429.44M22.22B
Retained Earnings % of Revenue i57.1%53.5%
Property, Plant & Equipment i5.03M2.00B

Cash Flow Statement Comparison

MetricSPSC (2025)CRM (2026)
Operating Cash Flow i176.16M15.19B
Operating Cash Flow % of Revenue i23.4%36.6%
Capital Expenditures i-26.52MN/A
Free Cash Flow i152.27M14.40B
FCF Margin i20.3%34.7%
Debt Repayment iN/A-584.00M
Common Stock Repurchase i-114.28M-12.60B

Short Interest & Institutional Ownership Analysis

MetricSPSCCRM
Shares Short i2.55M77.81M
Short Ratio i3.505.94
Short % of Float i8.15%11.00%
Shares Outstanding i37.52M929.00M
Float Shares i36.89M894.44M
% Held by Insiders i0.83%3.02%
% Held by Institutions i108.55%95.86%
% Held by Public i-9.38%1.12%

Dividend Analysis & Yield Comparison: SPS Commerce Inc. vs Salesforce Inc.

MetricSPSCCRM
Last 12-Month Dividend iN/A$1.68
Last 12-Month Dividend Yield iN/A0.65%
3-Year Avg Annual Dividend iN/A$1.09
3-Year Avg Dividend Yield iN/A0.15%
3-Year Total Dividends iN/A$3.28
Ex-Dividend DateN/ADec 18, 2025