HubSpot, Inc. (HUBS) vs Procore Technologies, Inc. (PCOR)

HubSpot, Inc. and Procore Technologies, Inc. are both Software Application companies. Procore Technologies, Inc. is the larger, with a market value of $11.5B against $10.2B — 1.1× the size. Procore Technologies, Inc. has negative trailing earnings, so its P/E is not meaningful; HubSpot, Inc. trades at 49.0×. HubSpot, Inc. grew revenue faster over the last twelve months: 20.1% against 16.5%. HubSpot, Inc. has the higher net margin (5.95% vs −2.31%) and the higher return on invested capital (36.2% vs −8.14%). Across the 19 metrics below, HubSpot, Inc. leads on 18 and Procore Technologies, Inc. on 1.

Valuation

Metric HUBS PCOR Software Application median
P/E 48.96 n/m 25.90
P/S 2.84 7.71 3.04
P/B 6.25 10.56 2.60
Price to free cash flow 15.02 39.91 17.17
EV/EBITDA 35.42 182.34 15.48
EV/Sales 2.60 7.30 2.89
Earnings yield 2.04% (0.30%) 0.00%
Free cash flow yield 6.66% 2.51% 1.98%

Profitability

Metric HUBS PCOR Software Application median
Gross margin 83.02% 80.15% 66.89%
Operating margin 5.34% (4.13%) 0.00%
Net margin 5.95% (2.31%) 0.00%
Free cash flow margin 18.89% 25.25% 5.77%
Return on equity 12.25% (2.98%) 0.00%
Return on assets 6.11% (1.34%) 0.00%
Return on invested capital 36.16% (8.14%) 0.00%

Growth

Metric HUBS PCOR Software Application median
Revenue growth (TTM) 20.06% 16.50% 12.27%
EPS growth (last fiscal year) 855.56% 6.94% 32.11%
Revenue growth, 5-year CAGR 28.81% 27.00% 14.34%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric HUBS PCOR Software Application median
Debt to equity 0.00 0.00 0.02
Current ratio 1.34 1.06 1.53
Net debt to EBITDA (16.42) 53.89 0.09

Dividend

Metric HUBS PCOR Software Application median
Dividend yield — — 1.10%
Payout ratio — — 0.28

Size

Metric HUBS PCOR Software Application median
Market cap 10.22b 11.49b 487.58m

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