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

NTCT has the lower trailing P/E: NTCT trades at 24.79 and SPSC at 39.02. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, NTCT or SPSC?

Over the past five years, SPSC grew revenue faster — NTCT at a 1.06% CAGR versus SPSC at 17.33%.

Is NTCT or SPSC more profitable?

NTCT runs the higher net margin — NTCT at 13.71% versus SPSC at 10.10%.

How have NTCT and SPSC total returns compared?

Over the past 10 years, NTCT delivered 3.41% and SPSC delivered 8.31% annualized total return. Past performance doesn't predict future results.

NetScout Systems, Inc. (NTCT) vs SPS Commerce, Inc. (SPSC)

A side-by-side comparison of NetScout Systems, 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.

NTCT

NetScout Systems, Inc.

$2.97B

$40.91TechnologyDelayed quote: Oct 6, 2026, 2:15 PM EDT

SPSC

SPS Commerce, Inc.

$2.91B

$80.77TechnologyDelayed quote: Oct 6, 2026, 2:15 PM EDT

Total return — NTCT vs SPSC

growth of $100 · dividends reinvested · last 10y

NTCT +46.0% (+3.9%/yr)SPSC +128.4% (+8.6%/yr)SPSC compounded faster over this window

NTCT SPSC

NTCT vs SPSC: by the numbers

•NTCT is the larger company ($2.97B vs $2.91B market cap).
•NTCT trades at the lower trailing earnings multiple (24.79 vs 39.02 P/E), one valuation lens rather than an overall verdict.
•NTCT converts more revenue to profit (13.71% vs 10.10% net margin).
•SPSC grew revenue faster over the past five years (17.33% vs 1.06% CAGR).

Metrics side by side

Valuation

Metric	NTCT	SPSC
P/E ratio	24.79	39.02
Forward P/E	14.97	16.47
PEG ratio	0.65	2.72
P/S ratio	3.37	3.76
P/B ratio	1.79	3.10
EV / EBITDA	13.12	14.96
FCF yield	8.68%	6.83%

Profitability

Metric	NTCT	SPSC
Gross margin	78.57%	69.82%
Operating margin	14.82%	15.83%
Net margin	13.71%	10.10%
ROE	7.28%	8.31%
ROIC	5.98%	9.30%

Growth (annualized)

Metric	NTCT	SPSC
Revenue CAGR (5Y)	1.06%	17.33%
EPS CAGR (5Y)	38.61%	13.78%
FCF CAGR (5Y)	7.38%	17.27%
Total return CAGR (5Y)	8.65%	-12.90%

Frequently asked

Which has the lower trailing P/E, NTCT or SPSC?: NTCT has the lower trailing P/E: NTCT trades at 24.79 and SPSC at 39.02. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, NTCT or SPSC?: Over the past five years, SPSC grew revenue faster — NTCT at a 1.06% CAGR versus SPSC at 17.33%.
Is NTCT or SPSC more profitable?: NTCT runs the higher net margin — NTCT at 13.71% versus SPSC at 10.10%.
How have NTCT and SPSC total returns compared?: Over the past 10 years, NTCT delivered 3.41% and SPSC delivered 8.31% annualized total return. Past performance doesn't predict future results.

Go deeper

Full NTCT analysis Full SPSC analysis Interactive comparison tool

Dig into the metrics

NetScout Systems P/E ratio SPS Commerce P/E ratio NetScout Systems ROE SPS Commerce ROE NetScout Systems operating margin SPS Commerce operating margin NetScout Systems revenue growth SPS Commerce revenue growth NetScout Systems free cash flow SPS Commerce free cash flow

NetScout Systems & 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.