BILL Holdings, Inc. (BILL) vs Fastly, Inc. (FSLY)

BILL Holdings, Inc. and Fastly, Inc. are both Software Application companies. BILL Holdings, Inc. and Fastly, Inc. are of similar size ($4.0B and $4.0B). Fastly, Inc. grew revenue faster over the last twelve months: 20.4% against 13.0%. BILL Holdings, Inc. has the higher net margin (−0.68% vs −11.8%) and the higher return on invested capital (−1.34% vs −5.26%). Across the 20 metrics below, BILL Holdings, Inc. leads on 16 and Fastly, Inc. on 4.

Valuation

Metric BILL FSLY Software Application median
P/E n/m n/m 25.41
P/S 2.75 5.15 2.73
P/B 1.29 3.57 2.57
Price to free cash flow 12.84 109.43 17.58
EV/EBITDA 89.89 4,729.71 15.36
EV/Sales 2.69 5.19 2.59
Earnings yield (0.26%) (2.36%) 0.00%
Free cash flow yield 7.79% 0.91% 2.24%

Profitability

Metric BILL FSLY Software Application median
Gross margin 80.93% 61.47% 67.03%
Operating margin (4.44%) (11.96%) 0.00%
Net margin (0.68%) (11.80%) 0.00%
Free cash flow margin 21.45% 5.01% 5.01%
Return on equity (0.30%) (8.39%) 0.00%
Return on assets (0.11%) (5.47%) 0.00%
Return on invested capital (1.34%) (5.26%) 0.00%

Growth

Metric BILL FSLY Software Application median
Revenue growth (TTM) 13.03% 20.35% 12.48%
EPS growth (last fiscal year) (148.03%) 27.19% 32.26%
Revenue growth, 5-year CAGR 47.32% 16.49% 14.21%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric BILL FSLY Software Application median
Debt to equity 0.52 0.33 0.02
Current ratio 1.51 3.36 1.52
Net debt to EBITDA (2.05) 0.00 0.08

Dividend

Metric BILL FSLY Software Application median
Dividend yield — — 0.95%
Payout ratio — — 0.29

Size

Metric BILL FSLY Software Application median
Market cap 4.00b 3.99b 357.77m

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