CWAN vs. PCOR: A Head-to-Head Stock Comparison

Updated on October 9, 2025

Here’s a clear look at CWAN and PCOR, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.

Company Profile

Symbol	CWAN	PCOR
Company Name	Clearwater Analytics Holdings, Inc.	Procore Technologies, Inc.
Country	United States	United States
GICS Sector	Information Technology	Information Technology
GICS Industry	Software	Software
Market Capitalization	5.71 billion USD	10.99 billion USD
Exchange	NYSE	NYSE
Listing Date	September 24, 2021	May 20, 2021
Security Type	Common Stock	Common Stock

Historical Performance

This chart compares the performance of CWAN and PCOR by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period. Data is adjusted for dividends and splits.

CWAN vs. PCOR: Growth of a $10,000 investment over the past one year.

Historical Performance at a Glance

Symbol	CWAN	PCOR
5-Day Price Return	-3.63%	0.30%
13-Week Price Return	-20.78%	2.27%
26-Week Price Return	-34.55%	8.15%
52-Week Price Return	-29.61%	23.88%
Month-to-Date Return	-2.66%	0.30%
Year-to-Date Return	-36.26%	-2.39%
10-Day Avg. Volume	4.34M	1.77M
3-Month Avg. Volume	4.38M	1.57M
3-Month Volatility	35.26%	41.22%
Beta	0.72	0.91

Profitability

Return on Equity (TTM)

CWAN

36.15%

Software Industry

Max: 66.28%
Q3: 21.28%
Median: 9.33%
Q1: -8.77%
Min: -48.16%

In the upper quartile for the Software industry, CWAN’s Return on Equity of 36.15% signals a highly effective use of shareholder capital to drive profitability compared to most of its peers.

PCOR

-11.48%

Software Industry

Max: 66.28%
Q3: 21.28%
Median: 9.33%
Q1: -8.77%
Min: -48.16%

PCOR has a negative Return on Equity of -11.48%. This indicates the company is generating a loss for its shareholders, which can be a result of unprofitability or negative shareholder equity and is often a sign of financial distress.

CWAN vs. PCOR: A comparison of their Return on Equity (TTM) against the Software industry benchmark.

Net Profit Margin (TTM)

CWAN

73.71%

Software Industry

Max: 51.92%
Q3: 19.23%
Median: 6.98%
Q1: -7.14%
Min: -41.00%

CWAN’s Net Profit Margin of 73.71% is exceptionally high, placing it well beyond the typical range for the Software industry. This demonstrates outstanding operational efficiency and a strong competitive advantage in converting revenue into profit.

PCOR

-11.58%

Software Industry

Max: 51.92%
Q3: 19.23%
Median: 6.98%
Q1: -7.14%
Min: -41.00%

PCOR has a negative Net Profit Margin of -11.58%, indicating the company is operating at a net loss as its expenses exceeded its revenues.

CWAN vs. PCOR: A comparison of their Net Profit Margin (TTM) against the Software industry benchmark.

Operating Profit Margin (TTM)

CWAN

0.19%

Software Industry

Max: 60.40%
Q3: 21.25%
Median: 9.90%
Q1: -4.97%
Min: -43.50%

CWAN’s Operating Profit Margin of 0.19% is around the midpoint for the Software industry, indicating that its efficiency in managing core business operations is typical for the sector.

PCOR

-13.73%

Software Industry

Max: 60.40%
Q3: 21.25%
Median: 9.90%
Q1: -4.97%
Min: -43.50%

PCOR has a negative Operating Profit Margin of -13.73%. This signifies the company is unprofitable at the operational level, as its core business expenses exceed its revenue.

CWAN vs. PCOR: A comparison of their Operating Profit Margin (TTM) against the Software industry benchmark.

Profitability at a Glance

Symbol	CWAN	PCOR
Return on Equity (TTM)	36.15%	-11.48%
Return on Assets (TTM)	26.64%	-7.07%
Net Profit Margin (TTM)	73.71%	-11.58%
Operating Profit Margin (TTM)	0.19%	-13.73%
Gross Profit Margin (TTM)	70.56%	80.17%

Financial Strength

Current Ratio (MRQ)

CWAN

2.02

Software Industry

Max: 4.29
Q3: 2.37
Median: 1.40
Q1: 1.03
Min: 0.25

CWAN’s Current Ratio of 2.02 aligns with the median group of the Software industry, indicating that its short-term liquidity is in line with its sector peers.

PCOR

1.29

Software Industry

Max: 4.29
Q3: 2.37
Median: 1.40
Q1: 1.03
Min: 0.25

PCOR’s Current Ratio of 1.29 aligns with the median group of the Software industry, indicating that its short-term liquidity is in line with its sector peers.

CWAN vs. PCOR: A comparison of their Current Ratio (MRQ) against the Software industry benchmark.

Debt-to-Equity Ratio (MRQ)

CWAN

0.45

Software Industry

Max: 2.16
Q3: 0.86
Median: 0.31
Q1: 0.00
Min: 0.00

CWAN’s Debt-to-Equity Ratio of 0.45 is typical for the Software industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.

PCOR

0.02

Software Industry

Max: 2.16
Q3: 0.86
Median: 0.31
Q1: 0.00
Min: 0.00

PCOR’s Debt-to-Equity Ratio of 0.02 is typical for the Software industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.

CWAN vs. PCOR: A comparison of their Debt-to-Equity Ratio (MRQ) against the Software industry benchmark.

Interest Coverage Ratio (TTM)

CWAN

0.70

Software Industry

Max: 89.65
Q3: 32.64
Median: 1.00
Q1: -9.84
Min: -71.23

CWAN’s Interest Coverage Ratio of 0.70 is a critical concern. A value below 1.0 means operating earnings are insufficient to cover interest expenses, indicating severe financial strain and high default risk.

PCOR

-130.32

Software Industry

Max: 89.65
Q3: 32.64
Median: 1.00
Q1: -9.84
Min: -71.23

PCOR has a negative Interest Coverage Ratio of -130.32. This indicates that its earnings were insufficient to cover even its operational costs, let alone its interest payments, signaling significant financial distress.

CWAN vs. PCOR: A comparison of their Interest Coverage Ratio (TTM) against the Software industry benchmark.

Financial Strength at a Glance

Symbol	CWAN	PCOR
Current Ratio (MRQ)	2.02	1.29
Quick Ratio (MRQ)	1.84	1.22
Debt-to-Equity Ratio (MRQ)	0.45	0.02
Interest Coverage Ratio (TTM)	0.70	-130.32

Growth

Revenue Growth

CWAN vs. PCOR: A side-by-side comparison of their Revenue Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

EPS Growth

CWAN vs. PCOR: A side-by-side comparison of their EPS Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

Dividend

Dividend Yield (TTM)

CWAN

0.00%

Software Industry

Max: 0.22%
Q3: 0.11%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

CWAN currently does not pay a dividend, resulting in a yield of 0%. This is a common strategy for growth-focused companies that prioritize reinvesting earnings, though it may be less typical in mature, income-oriented sectors.

PCOR

0.00%

Software Industry

Max: 0.22%
Q3: 0.11%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

PCOR currently does not pay a dividend, resulting in a yield of 0%. This is a common strategy for growth-focused companies that prioritize reinvesting earnings, though it may be less typical in mature, income-oriented sectors.

CWAN vs. PCOR: A comparison of their Dividend Yield (TTM) against the Software industry benchmark.

Dividend Payout Ratio (TTM)

CWAN

0.00%

Software Industry

Max: 3.29%
Q3: 2.41%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

CWAN has a Dividend Payout Ratio of 0%, indicating it does not currently pay a dividend. This is a common strategy for growth-oriented companies that reinvest all profits back into the business.

PCOR

0.00%

Software Industry

Max: 3.29%
Q3: 2.41%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

PCOR has a Dividend Payout Ratio of 0%, indicating it does not currently pay a dividend. This is a common strategy for growth-oriented companies that reinvest all profits back into the business.

CWAN vs. PCOR: A comparison of their Dividend Payout Ratio (TTM) against the Software industry benchmark.

Dividend at a Glance

Symbol	CWAN	PCOR
Dividend Yield (TTM)	0.00%	0.00%
Dividend Payout Ratio (TTM)	0.00%	0.00%

Valuation

Price-to-Earnings Ratio (TTM)

CWAN

12.57

Software Industry

Max: 145.74
Q3: 94.88
Median: 45.35
Q1: 26.66
Min: 8.80

In the lower quartile for the Software industry, CWAN’s P/E Ratio of 12.57 suggests the stock may be undervalued compared to its peers, potentially presenting an attractive entry point for investors.

PCOR

Software Industry

Max: 145.74
Q3: 94.88
Median: 45.35
Q1: 26.66
Min: 8.80

P/E Ratio data for PCOR is currently unavailable.

CWAN vs. PCOR: A comparison of their Price-to-Earnings Ratio (TTM) against the Software industry benchmark.

Price-to-Sales Ratio (TTM)

CWAN

9.27

Software Industry

Max: 25.67
Q3: 13.68
Median: 8.28
Q1: 4.95
Min: 0.90

CWAN’s P/S Ratio of 9.27 aligns with the market consensus for the Software industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.

PCOR

8.93

Software Industry

Max: 25.67
Q3: 13.68
Median: 8.28
Q1: 4.95
Min: 0.90

PCOR’s P/S Ratio of 8.93 aligns with the market consensus for the Software industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.

CWAN vs. PCOR: A comparison of their Price-to-Sales Ratio (TTM) against the Software industry benchmark.

Price-to-Book Ratio (MRQ)

CWAN

3.16

Software Industry

Max: 30.67
Q3: 14.92
Median: 8.52
Q1: 3.89
Min: 0.38

CWAN’s P/B Ratio of 3.16 is in the lower quartile for the Software industry. From a value investing perspective, this is favorable, as it suggests the stock is trading at a discount to its net asset value and may offer a greater margin of safety.

PCOR

8.38

Software Industry

Max: 30.67
Q3: 14.92
Median: 8.52
Q1: 3.89
Min: 0.38

PCOR’s P/B Ratio of 8.38 is within the conventional range for the Software industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.

CWAN vs. PCOR: A comparison of their Price-to-Book Ratio (MRQ) against the Software industry benchmark.

Valuation at a Glance

Symbol	CWAN	PCOR
Price-to-Earnings Ratio (TTM)	12.57	--
Price-to-Sales Ratio (TTM)	9.27	8.93
Price-to-Book Ratio (MRQ)	3.16	8.38
Price-to-Free Cash Flow Ratio (TTM)	44.41	142.79