Which has the lower trailing P/E, ALRM or SPSC?

ALRM has the lower trailing P/E: ALRM trades at 24.65 and SPSC at 38.93. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, ALRM or SPSC?

Over the past five years, SPSC grew revenue faster — ALRM at a 9.12% CAGR versus SPSC at 17.33%.

Is ALRM or SPSC more profitable?

ALRM runs the higher net margin — ALRM at 11.11% versus SPSC at 10.10%.

How have ALRM and SPSC total returns compared?

Over the past 10 years, ALRM delivered 6.76% and SPSC delivered 8.31% annualized total return. Past performance doesn't predict future results.

Alarm.com Holdings, Inc. (ALRM) vs SPS Commerce, Inc. (SPSC)

A side-by-side comparison of Alarm.com Holdings, Inc. and SPS Commerce, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.

ALRM

Alarm.com Holdings, Inc.

$2.76B

$55.71TechnologyDelayed quote: Oct 6, 2026, 3:20 PM EDT

SPSC

SPS Commerce, Inc.

$2.90B

$80.58TechnologyDelayed quote: Oct 6, 2026, 3:15 PM EDT

Total return — ALRM vs SPSC

growth of $100 · dividends reinvested · last 10y

ALRM +90.6% (+6.7%/yr)SPSC +121.8% (+8.3%/yr)SPSC compounded faster over this window

ALRM SPSC

ALRM vs SPSC: by the numbers

•SPSC is the larger company ($2.90B vs $2.76B market cap).
•ALRM trades at the lower trailing earnings multiple (24.65 vs 38.93 P/E), one valuation lens rather than an overall verdict.
•ALRM converts more revenue to profit (11.11% vs 10.10% net margin).
•SPSC grew revenue faster over the past five years (17.33% vs 9.12% CAGR).

Metrics side by side

Valuation

Metric	ALRM	SPSC
P/E ratio	24.65	38.93
Forward P/E	19.26	16.43
PEG ratio	2.47	2.72
P/S ratio	2.60	3.76
P/B ratio	3.19	3.09
EV / EBITDA	15.87	14.92
FCF yield	8.61%	6.85%

Profitability

Metric	ALRM	SPSC
Gross margin	63.42%	69.82%
Operating margin	13.01%	15.83%
Net margin	11.11%	10.10%
ROE	13.64%	8.31%
ROIC	6.99%	9.30%

Growth (annualized)

Metric	ALRM	SPSC
Revenue CAGR (5Y)	9.12%	17.33%
EPS CAGR (5Y)	10.84%	13.78%
FCF CAGR (5Y)	23.39%	17.27%
Total return CAGR (5Y)	-6.30%	-12.90%

Frequently asked

Which has the lower trailing P/E, ALRM or SPSC?: ALRM has the lower trailing P/E: ALRM trades at 24.65 and SPSC at 38.93. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, ALRM or SPSC?: Over the past five years, SPSC grew revenue faster — ALRM at a 9.12% CAGR versus SPSC at 17.33%.
Is ALRM or SPSC more profitable?: ALRM runs the higher net margin — ALRM at 11.11% versus SPSC at 10.10%.
How have ALRM and SPSC total returns compared?: Over the past 10 years, ALRM delivered 6.76% and SPSC delivered 8.31% annualized total return. Past performance doesn't predict future results.

Go deeper

Full ALRM analysis Full SPSC analysis Interactive comparison tool

Dig into the metrics

Alarm.com P/E ratio SPS Commerce P/E ratio Alarm.com ROE SPS Commerce ROE Alarm.com operating margin SPS Commerce operating margin Alarm.com revenue growth SPS Commerce revenue growth Alarm.com free cash flow SPS Commerce free cash flow

Alarm.com & SPS Commerce appear in these rankings

Fastest Revenue Growth Stocks Highest FCF Yield Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 6, 2026.