SPS Commerce, Inc. (SPSC) vs StoneCo Ltd. (STNE)

A side-by-side comparison of SPS Commerce, Inc. and StoneCo Ltd. 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.

Compare

Total return — SPSC vs STNE

growth of $100 · dividends reinvested · last 8y
SPSC +91.7% (+8.5%/yr)STNE -55.6% (-9.6%/yr)SPSC compounded faster over this window
0100200300400500Start $1002020202220242026$192$44
SPSC STNE

SPSC vs STNE: by the numbers

  • •SPSC is the larger company ($2.92B vs $2.83B market cap).
  • •STNE trades at the lower trailing earnings multiple (4.74 vs 39.14 P/E), one valuation lens rather than an overall verdict.
  • •STNE converts more revenue to profit (23.77% vs 10.10% net margin).
  • •STNE grew revenue faster over the past five years (28.12% vs 17.33% CAGR).
  • •STNE pays a dividend (21.50% yield), while SPSC has no payments in the available dividend history.

Metrics side by side

Valuation

MetricSPSCSTNE
P/E ratio39.144.74
Forward P/E16.52N/A
PEG ratio2.730.21
P/S ratio3.781.07
P/B ratio3.111.63
EV / EBITDA15.013.00
FCF yield6.81%27.44%

Profitability

MetricSPSCSTNE
Gross margin69.82%72.38%
Operating margin15.83%49.95%
Net margin10.10%23.77%
ROE8.31%36.30%
ROIC9.30%25.78%

Dividends

MetricSPSCSTNE
Dividend yieldN/A21.50%
Payout ratioN/A103.26%

Growth (annualized)

MetricSPSCSTNE
Revenue CAGR (5Y)17.33%28.12%
EPS CAGR (5Y)13.78%22.38%
FCF CAGR (5Y)17.27%N/A
Total return CAGR (5Y)-12.90%-16.10%

Frequently asked

Which has the lower trailing P/E, SPSC or STNE?
STNE has the lower trailing P/E: SPSC trades at 39.14 and STNE at 4.74. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, SPSC or STNE?
Over the past five years, STNE grew revenue faster — SPSC at a 17.33% CAGR versus STNE at 28.12%.
Does SPSC or STNE pay a bigger dividend?
STNE pays a dividend (21.50% yield), while SPSC has no payments in the available dividend history.
Is SPSC or STNE more profitable?
STNE runs the higher net margin — SPSC at 10.10% versus STNE at 23.77%.
How have SPSC and STNE total returns compared?
Over the past 5 years, SPSC delivered -12.90% and STNE delivered -16.10% annualized total return. Past performance doesn't predict future results.

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.