SPS Commerce Statistics
Total Valuation
SPS Commerce has a market cap or net worth of $4.05 billion. The enterprise value is $3.96 billion.
| Market Cap | 4.05B |
| Enterprise Value | 3.96B |
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 (%) | 101.37% |
| Float | 37.53M |
Valuation Ratios
The trailing PE ratio is 49.04 and the forward PE ratio is 25.11.
| PE Ratio | 49.04 |
| Forward PE | 25.11 |
| PS Ratio | 5.74 |
| Forward PS | 4.97 |
| PB Ratio | 4.27 |
| P/TBV Ratio | 23.95 |
| P/FCF Ratio | 28.55 |
| P/OCF Ratio | 24.38 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 25.61, with an EV/FCF ratio of 27.87.
| EV / Earnings | 47.68 |
| EV / Sales | 5.62 |
| EV / EBITDA | 25.61 |
| EV / EBIT | 38.50 |
| EV / FCF | 27.87 |
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 Count | 2,783 |
| 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 -46.12% in the last 52 weeks. The beta is 0.68, so SPS Commerce's price volatility has been lower than the market average.
| Beta (5Y) | 0.68 |
| 52-Week Price Change | -46.12% |
| 50-Day Moving Average | 108.86 |
| 200-Day Moving Average | 138.05 |
| Relative Strength Index (RSI) | 47.60 |
| Average Volume (20 Days) | 412,833 |
Short Selling Information
The latest short interest is 1.99 million, so 5.24% of the outstanding shares have been sold short.
| Short Interest | 1.99M |
| Short Previous Month | 2.07M |
| Short % of Shares Out | 5.24% |
| Short % of Float | 5.29% |
| Short Ratio (days to cover) | 4.45 |
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.
| Revenue | 703.54M |
| Gross Profit | 479.59M |
| Operating Income | 102.74M |
| Pretax Income | 109.13M |
| Net Income | 82.95M |
| EBITDA | 154.46M |
| EBIT | 102.74M |
| Earnings Per Share (EPS) | $2.18 |
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 |
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 |
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 | 2.05% |
| FCF Yield | 3.50% |
Analyst Forecast
The average price target for SPS Commerce is $157.80, which is 47.63% higher than the current price. The consensus rating is "Buy".
| Price Target | $157.80 |
| Price Target Difference | 47.63% |
| Analyst Consensus | Buy |
| Analyst Count | 10 |
| 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 23.99 and a Piotroski F-Score of 5.
| Altman Z-Score | 23.99 |
| Piotroski F-Score | 5 |