SPS Commerce, Inc.
PosiFunda Ratios Only on PositoAI
PositoAI's own ratios from SPS Commerce, Inc.'s yearly results (2022–2025), compared with Technology companies in United States. Tap ? on any ratio for what it means.
What stands out
- Steadiness Ratio: Sales and profit both grew in each of the last 3 years. Steadier than 93% of Technology companies in United States.
- Tangible Assets Ratio: Of every $100 the company owns, $35 is in tangible assets such as plants, cash, stock and receivables; the rest is goodwill and other intangibles. Less tangible than 90% of Technology companies in United States.
- Debt Due Cover Ratio: Debt due within a year is covered 41.1 times by its yearly operating cash. Higher than 87% of Technology companies in United States.
Cash quality
Profit Cash Ratio
$198Over the last 3 years, every $100 of reported profit came with $198 of operating cash.
Higher than 66% of Technology companies in United States.
Self-Funding Ratio
7.1×Over the last 3 years its own operating cash covered its investment spending (capex) 7.1 times.
Higher than 72% of Technology companies in United States.
Cash Locked Ratio
—Data incomplete
Growth quality
Steadiness Ratio
3/3 · 3/3Sales and profit both grew in each of the last 3 years.
Steadier than 93% of Technology companies in United States.
Growth Efficiency Ratio
$13Sales grew 67% in 3 years; of every extra $100 of sales, $13 became extra profit.
Lower than 60% of Technology companies in United States.
Asset Productivity Ratio
+67% / +74%In 3 years sales changed by +67% while total assets changed by +74%. Assets grew faster than sales.
Balance-sheet strength
Debt Due Cover Ratio
41.1×Debt due within a year is covered 41.1 times by its yearly operating cash.
Higher than 87% of Technology companies in United States.
Cash Cushion Ratio
+4%Cash, after subtracting all debt, equals 4% of its market value (net cash).
Higher than 62% of Technology companies in United States.
Tangible Assets Ratio
35%Of every $100 the company owns, $35 is in tangible assets such as plants, cash, stock and receivables; the rest is goodwill and other intangibles.
Less tangible than 90% of Technology companies in United States.
Tangible Net Worth Ratio
22%Of every $100 of net worth, $22 is tangible; the rest is goodwill and other intangibles, often from buying other companies.
Less tangible than 64% of Technology companies in United States.
Shareholders
Standard fundamentals
P/E, P/B, ROE, debt, growth and more (13)
SPS Commerce, Inc. owes $0.17 for every $1 it owns. Net profit rose 21% in the year to Dec 2025, and grew 19% a year on average over 3 years.
Compared with Technology companies in United States · latest annual results Dec 2025.
P/E ratio
44.4Investors pay $44.4 for every $1 of SPS Commerce, Inc.'s yearly profit, higher than 67% of Technology companies in United States.
P/B ratio
3.53The share price is 3.53 times SPS Commerce, Inc.'s book value per share, higher than 54% of Technology companies in United States.
Market cap
$3.3 BThe total market value of all of SPS Commerce, Inc.'s shares at today's price (share price × number of shares), larger than 62% of Technology companies in United States. PosiCap size class: Meso Cap.
Net worth (book value)
$938 MWhat SPS Commerce, Inc. would have left on paper if it sold everything it owns and paid everything it owes, from its latest balance sheet (30 Jun 2026).
Book value per share
$26.07Net worth divided by the number of shares. The share price of $91.94 is 3.5 times this, which is the P/B above.
Return on equity (ROE)
8.3%SPS Commerce, Inc. earned 8.3% on its shareholders' money over the last year, higher than 61% of Technology companies in United States.
Owes vs Owns
0.17×SPS Commerce, Inc. owes $0.17 for every $1 it owns (low), lower than 87% of Technology companies in United States.
Dividend yield
NoneSPS Commerce, Inc. does not currently pay a dividend.
Revenue growth
+18%Revenue rose 18% in the year to Dec 2025, and grew 19% a year on average over 3 years.
Profit growth
+21%Net profit rose 21% in the year to Dec 2025, and grew 19% a year on average over 3 years.
Profit margin
12.4%SPS Commerce, Inc. keeps $12 of every $100 of revenue as net profit.
Cash quality
1.9×Cash from SPS Commerce, Inc.'s business was 1.9× its reported profit in the year to Dec 2025 — its profit turned into cash.
Cash vs debt
Net cashSPS Commerce, Inc. held $144 M more cash than debt (net cash) at Dec 2025.
Questions
What is SPS Commerce, Inc.'s P/E ratio?
Investors pay $44.4 for every $1 of SPS Commerce, Inc.'s yearly profit, higher than 67% of Technology companies in United States.
How is P/B calculated on PositoAI?
P/B is market cap divided by net worth from the latest balance sheet. For SPS Commerce, Inc.: $3.3 B ÷ $938 M (30 Jun 2026) = 3.5.
What is SPS Commerce, Inc.'s return on equity?
SPS Commerce, Inc. earned 8.3% on its shareholders' money over the last year, higher than 61% of Technology companies in United States.
How much does SPS Commerce, Inc. owe compared with what it owns?
SPS Commerce, Inc. owes $0.17 for every $1 it owns (low), lower than 87% of Technology companies in United States.
Does SPS Commerce, Inc. pay a dividend?
No. SPS Commerce, Inc. does not currently pay a dividend.
Is SPS Commerce, Inc.'s revenue growing?
Revenue rose 18% in the year to Dec 2025, and grew 19% a year on average over 3 years.
Figures from the company's yearly results and PositoAI's own data. Full tables are on the Go Deep tab. What each figure means. PositoAI is for research and education only and is not investment advice.