SPS Commerce Statistics
Total Valuation
SPS Commerce has a market cap or net worth of $3.12 billion. The enterprise value is $2.96 billion.
| Market Cap | 3.12B |
| Enterprise Value | 2.96B |
Important Dates
The last earnings date was Thursday, October 30, 2025, after market close.
| Earnings Date | Oct 30, 2025 |
| Ex-Dividend Date | n/a |
Share Statistics
SPS Commerce has 37.71 million shares outstanding. The number of shares has increased by 0.84% in one year.
| Current Share Class | 37.71M |
| Shares Outstanding | 37.71M |
| Shares Change (YoY) | +0.84% |
| Shares Change (QoQ) | -0.28% |
| Owned by Insiders (%) | 0.98% |
| Owned by Institutions (%) | 103.19% |
| Float | 37.32M |
Valuation Ratios
The trailing PE ratio is 36.88 and the forward PE ratio is 18.94.
| PE Ratio | 36.88 |
| Forward PE | 18.94 |
| PS Ratio | 4.24 |
| Forward PS | 3.75 |
| PB Ratio | 3.21 |
| P/TBV Ratio | 16.16 |
| P/FCF Ratio | 20.76 |
| P/OCF Ratio | 17.76 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 18.05, with an EV/FCF ratio of 19.92.
| EV / Earnings | 34.76 |
| EV / Sales | 4.05 |
| EV / EBITDA | 18.05 |
| EV / EBIT | 27.28 |
| EV / FCF | 19.92 |
Financial Position
The company has a current ratio of 1.97, with a Debt / Equity ratio of 0.01.
| Current Ratio | 1.97 |
| Quick Ratio | 1.26 |
| Debt / Equity | 0.01 |
| Debt / EBITDA | 0.06 |
| Debt / FCF | 0.06 |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 9.51% and return on invested capital (ROIC) is 7.48%.
| Return on Equity (ROE) | 9.51% |
| Return on Assets (ROA) | 6.27% |
| Return on Invested Capital (ROIC) | 7.48% |
| Return on Capital Employed (ROCE) | 10.85% |
| Revenue Per Employee | $262,221 |
| Profits Per Employee | $30,563 |
| Employee Count | 2,783 |
| Asset Turnover | 0.68 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, SPS Commerce has paid $27.17 million in taxes.
| Income Tax | 27.17M |
| Effective Tax Rate | 24.21% |
Stock Price Statistics
The stock price has decreased by -55.75% in the last 52 weeks. The beta is 0.59, so SPS Commerce's price volatility has been lower than the market average.
| Beta (5Y) | 0.59 |
| 52-Week Price Change | -55.75% |
| 50-Day Moving Average | 103.40 |
| 200-Day Moving Average | 127.81 |
| Relative Strength Index (RSI) | 25.85 |
| Average Volume (20 Days) | 660,613 |
Short Selling Information
The latest short interest is 2.14 million, so 5.68% of the outstanding shares have been sold short.
| Short Interest | 2.14M |
| Short Previous Month | 1.99M |
| Short % of Shares Out | 5.68% |
| Short % of Float | 5.73% |
| Short Ratio (days to cover) | 5.28 |
Income Statement
In the last 12 months, SPS Commerce had revenue of $729.76 million and earned $85.06 million in profits. Earnings per share was $2.24.
| Revenue | 729.76M |
| Gross Profit | 499.50M |
| Operating Income | 108.36M |
| Pretax Income | 112.23M |
| Net Income | 85.06M |
| EBITDA | 163.83M |
| EBIT | 108.36M |
| Earnings Per Share (EPS) | $2.24 |
Balance Sheet
The company has $133.73 million in cash and $9.64 million in debt, giving a net cash position of $124.08 million or $3.29 per share.
| Cash & Cash Equivalents | 133.73M |
| Total Debt | 9.64M |
| Net Cash | 124.08M |
| Net Cash Per Share | $3.29 |
| Equity (Book Value) | 958.94M |
| Book Value Per Share | 25.41 |
| Working Capital | 155.57M |
Cash Flow
In the last 12 months, operating cash flow was $173.48 million and capital expenditures -$25.09 million, giving a free cash flow of $148.39 million.
| Operating Cash Flow | 173.48M |
| Capital Expenditures | -25.09M |
| Free Cash Flow | 148.39M |
| FCF Per Share | $3.94 |
Margins
Gross margin is 68.45%, with operating and profit margins of 14.85% and 11.66%.
| Gross Margin | 68.45% |
| Operating Margin | 14.85% |
| Pretax Margin | 15.38% |
| Profit Margin | 11.66% |
| EBITDA Margin | 22.45% |
| EBIT Margin | 14.85% |
| FCF Margin | 20.33% |
Dividends & Yields
SPS Commerce does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | -0.84% |
| Shareholder Yield | -0.84% |
| Earnings Yield | 2.76% |
| FCF Yield | 4.82% |
Analyst Forecast
The average price target for SPS Commerce is $120.00, which is 45.24% higher than the current price. The consensus rating is "Hold".
| Price Target | $120.00 |
| Price Target Difference | 45.24% |
| Analyst Consensus | Hold |
| Analyst Count | 11 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Fair Value
There are several formulas that can be used to estimate the intrinsic value of a stock.
| Lynch Fair Value | |
| Lynch Upside | |
| Graham Number | |
| Graham Upside |
Stock Splits
The last stock split was on August 23, 2019. It was a forward split with a ratio of 2:1.
| Last Split Date | Aug 23, 2019 |
| Split Type | Forward |
| Split Ratio | 2:1 |
Scores
SPS Commerce has an Altman Z-Score of 18.68 and a Piotroski F-Score of 5.
| Altman Z-Score | 18.68 |
| Piotroski F-Score | 5 |