SPS Commerce Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jan '26 Jan 30, 2026	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Market Capitalization	3,366	6,912	7,113	4,629	5,120	3,834
Market Cap Growth	-52.20%	-2.83%	53.68%	-9.58%	33.52%	98.58%
Enterprise Value	3,242	6,720	6,889	4,410	4,888	3,594
Last Close Price	89.26	183.99	193.84	128.43	142.35	108.59
PE Ratio	39.84	89.71	108.07	83.96	114.80	84.11
Forward PE	20.47	49.10	64.15	54.83	74.79	71.07
PS Ratio	4.63	10.84	13.25	10.27	13.29	12.26
PB Ratio	3.51	8.09	10.66	8.62	10.57	9.11
P/TBV Ratio	17.66	25.21	22.88	18.41	18.15	17.08
P/FCF Ratio	22.68	50.32	63.21	57.74	54.87	53.18
P/OCF Ratio	19.40	43.92	53.77	46.26	45.35	43.29
PEG Ratio	-	2.46	2.57	2.19	2.99	3.55
EV/Sales Ratio	4.44	10.54	12.83	9.78	12.69	11.50
EV/EBITDA Ratio	19.79	51.25	61.51	44.38	61.10	52.22
EV/EBIT Ratio	29.92	75.60	89.18	61.95	88.74	71.65
EV/FCF Ratio	21.85	48.92	61.22	55.01	52.39	49.85
Debt / Equity Ratio	0.01	0.02	0.02	0.03	0.04	0.05
Debt / EBITDA Ratio	0.06	0.09	0.12	0.16	0.24	0.30
Debt / FCF Ratio	0.07	0.09	0.13	0.22	0.22	0.31
Asset Turnover	0.68	0.69	0.72	0.70	0.68	0.64
Quick Ratio	1.26	2.00	2.47	2.29	2.84	2.76
Current Ratio	1.97	2.60	3.07	2.92	3.43	3.39
Return on Equity (ROE)	9.51%	10.12%	10.93%	10.80%	9.86%	11.76%
Return on Assets (ROA)	6.26%	5.99%	6.45%	6.90%	6.03%	6.44%
Return on Invested Capital (ROIC)	9.73%	13.34%	15.93%	18.73%	18.24%	20.62%
Return on Capital Employed (ROCE)	10.90%	10.00%	11.10%	12.70%	10.70%	11.20%
Earnings Yield	2.53%	1.11%	0.92%	1.19%	0.87%	1.19%
FCF Yield	4.41%	1.99%	1.58%	1.73%	1.82%	1.88%
Buyback Yield / Dilution	-0.84%	-1.02%	-1.41%	0.02%	-1.87%	-0.79%

Updated Oct 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

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