SPS Commerce, Inc. (SPSC)
NASDAQ: SPSC · Real-Time Price · USD
112.94
+1.65 (1.48%)
At close: Aug 27, 2025, 4:00 PM
111.17
-1.77 (-1.57%)
After-hours: Aug 27, 2025, 6:34 PM EDT

SPS Commerce Statistics

Total Valuation

SPS Commerce has a market cap or net worth of $4.28 billion. The enterprise value is $4.18 billion.

Market Cap4.28B
Enterprise Value 4.18B

Important Dates

The next estimated earnings date is Thursday, October 23, 2025, after market close.

Earnings Date Oct 23, 2025
Ex-Dividend Date n/a

Share Statistics

SPS Commerce has 37.91 million shares outstanding. The number of shares has increased by 1.12% in one year.

Current Share Class 37.91M
Shares Outstanding 37.91M
Shares Change (YoY) +1.12%
Shares Change (QoQ) -0.17%
Owned by Insiders (%) 0.95%
Owned by Institutions (%) 101.79%
Float 37.53M

Valuation Ratios

The trailing PE ratio is 51.82 and the forward PE ratio is 26.53.

PE Ratio 51.82
Forward PE 26.53
PS Ratio 6.06
Forward PS 5.25
PB Ratio 4.51
P/TBV Ratio 25.31
P/FCF Ratio 30.16
P/OCF Ratio 25.76
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 27.09, with an EV/FCF ratio of 29.48.

EV / Earnings 50.44
EV / Sales 5.95
EV / EBITDA 27.09
EV / EBIT 40.73
EV / FCF 29.48

Financial Position

The company has a current ratio of 1.82, with a Debt / Equity ratio of 0.01.

Current Ratio 1.82
Quick Ratio 1.18
Debt / Equity 0.01
Debt / EBITDA 0.07
Debt / FCF 0.08
Interest Coverage n/a

Financial Efficiency

Return on equity (ROE) is 10.03% and return on invested capital (ROIC) is 7.66%.

Return on Equity (ROE) 10.03%
Return on Assets (ROA) 6.50%
Return on Invested Capital (ROIC) 7.66%
Return on Capital Employed (ROCE) 10.56%
Revenue Per Employee $252,800
Profits Per Employee $29,805
Employee Count2,783
Asset Turnover 0.71
Inventory Turnover n/a

Taxes

In the past 12 months, SPS Commerce has paid $26.18 million in taxes.

Income Tax 26.18M
Effective Tax Rate 23.99%

Stock Price Statistics

The stock price has decreased by -43.07% in the last 52 weeks. The beta is 0.70, so SPS Commerce's price volatility has been lower than the market average.

Beta (5Y) 0.70
52-Week Price Change -43.07%
50-Day Moving Average 126.80
200-Day Moving Average 150.76
Relative Strength Index (RSI) 43.39
Average Volume (20 Days) 562,657

Short Selling Information

The latest short interest is 1.79 million, so 4.72% of the outstanding shares have been sold short.

Short Interest 1.79M
Short Previous Month 1.77M
Short % of Shares Out 4.72%
Short % of Float 4.77%
Short Ratio (days to cover) 4.73

Income Statement

In the last 12 months, SPS Commerce had revenue of $703.54 million and earned $82.95 million in profits. Earnings per share was $2.18.

Revenue703.54M
Gross Profit 479.59M
Operating Income 102.74M
Pretax Income 94.40M
Net Income 82.95M
EBITDA 154.46M
EBIT 102.74M
Earnings Per Share (EPS) $2.18
Full Income Statement

Balance Sheet

The company has $107.60 million in cash and $10.80 million in debt, giving a net cash position of $96.81 million or $2.55 per share.

Cash & Cash Equivalents 107.60M
Total Debt 10.80M
Net Cash 96.81M
Net Cash Per Share $2.55
Equity (Book Value) 949.78M
Book Value Per Share 25.04
Working Capital 121.41M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $166.20 million and capital expenditures -$24.27 million, giving a free cash flow of $141.93 million.

Operating Cash Flow 166.20M
Capital Expenditures -24.27M
Free Cash Flow 141.93M
FCF Per Share $3.74
Full Cash Flow Statement

Margins

Gross margin is 68.17%, with operating and profit margins of 14.60% and 11.79%.

Gross Margin 68.17%
Operating Margin 14.60%
Pretax Margin 15.51%
Profit Margin 11.79%
EBITDA Margin 21.95%
EBIT Margin 14.60%
FCF Margin 20.17%

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 -1.12%
Shareholder Yield -1.12%
Earnings Yield 1.94%
FCF Yield 3.32%
Dividend Details

Analyst Forecast

The average price target for SPS Commerce is $165.33, which is 46.39% higher than the current price. The consensus rating is "Buy".

Price Target $165.33
Price Target Difference 46.39%
Analyst Consensus Buy
Analyst Count 9
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

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 23.99 and a Piotroski F-Score of 5.

Altman Z-Score 23.99
Piotroski F-Score 5