DT vs. SHOP: Dynatrace vs. Shopify Stock Comparison
How do Dynatrace (DT) and Shopify (SHOP) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Dynatrace (DT) and Shopify (SHOP) both fall under the Software & Services industry group, but DT is classified in Software while SHOP is classified in IT Services.
| Profile Item | DT | SHOP |
|---|---|---|
| Name | Dynatrace Inc. | Shopify Inc. |
| Country/Region | United States | Canada |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry Group | Software & Services | Software & Services |
| GICS Industry | Software | IT Services |
| GICS Sub-Industry | Application Software | Internet Services & Infrastructure |
| Market Capitalization | 12.46 billion USD | 191.58 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | August 1, 2019 | May 20, 2015 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | DT | SHOP |
|---|---|---|
| Total Return (1Y) | -6.35% | -0.87% |
| Total Return (3Y, Annualized) | -3.59% | 35.77% |
| Total Return (5Y, Annualized) | -10.27% | -0.57% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
Shopify (SHOP) carries a highly aggressive beta of 2.65, indicating much higher sensitivity to broad-market moves, whereas Dynatrace (DT) is closer to market-like at 0.80 — a noticeable difference in market-sensitivity profile.
| Metric | DT | SHOP |
|---|---|---|
| Volatility (1Y, Annualized) | 45.85% | 59.71% |
| Beta (5Y) | 0.80 | 2.65 |
| Max Drawdown (5Y) | -60.40% | -84.82% |
| Avg. Volume (3M) | 7.54M | 8.79M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | DT | SHOP |
|---|---|---|
| Sharpe Ratio (1Y) | -0.23 | -0.09 |
| Sortino Ratio (1Y) | -0.31 | -0.12 |
Profitability
ROE (TTM)
Both Dynatrace (DT) at 6.41% and Shopify (SHOP) at 16.83% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.
DT
Software & Services industry group
6.41%
- Max
- 53.85%
- Q3
- 17.90%
- Median
- 6.59%
- DT
- 6.41%
- Q1
- -9.59%
- Min
- -50.52%
SHOP
Software & Services industry group
16.83%
- Max
- 53.85%
- Q3
- 17.90%
- SHOP
- 16.83%
- Median
- 6.59%
- Q1
- -9.59%
- Min
- -50.52%
Net Margin (TTM)
Both Dynatrace (DT) at 7.42% and Shopify (SHOP) at 15.01% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.
DT
Software & Services industry group
7.42%
- Max
- 41.17%
- Q3
- 15.28%
- DT
- 7.42%
- Median
- 4.63%
- Q1
- -5.42%
- Min
- -33.17%
SHOP
Software & Services industry group
15.01%
- Max
- 41.17%
- Q3
- 15.28%
- SHOP
- 15.01%
- Median
- 4.63%
- Q1
- -5.42%
- Min
- -33.17%
Operating Margin (TTM)
Shopify (SHOP) at 18.39% operates in the top operating margin quartile, ahead of Dynatrace (DT) at 16.49%, which runs around its industry’s norm.
DT
Software & Services industry group
16.49%
- Max
- 46.89%
- Q3
- 17.64%
- DT
- 16.49%
- Median
- 8.73%
- Q1
- -2.13%
- Min
- -30.45%
SHOP
Software & Services industry group
18.39%
- Max
- 46.89%
- SHOP
- 18.39%
- Q3
- 17.64%
- Median
- 8.73%
- Q1
- -2.13%
- Min
- -30.45%
Profitability Metrics
| Metric | DT | SHOP |
|---|---|---|
| ROE (TTM) | 6.41% | 16.83% |
| ROA (TTM) | 3.95% | 10.77% |
| Net Margin (TTM) | 7.42% | 15.01% |
| Operating Margin (TTM) | 16.49% | 18.39% |
| Gross Margin (TTM) | 81.34% | 47.49% |
Growth
Revenue Growth
Shopify (SHOP) at 30.14% sits in the top revenue growth quartile, while Dynatrace (DT) at 18.82% is closer to the peer norm — faster top-line expansion for SHOP.
EPS Growth
Shopify (SHOP) at -39.47% is around its peer norm for EPS growth, while Dynatrace (DT) at -66.04% drops into the bottom quartile, signaling weaker earnings momentum.
Growth Metrics
| Metric | DT | SHOP |
|---|---|---|
| Revenue Growth (YoY) | 18.82% | 30.14% |
| Revenue Growth (3Y CAGR) | 20.33% | 27.31% |
| EPS Growth (YoY) | -66.04% | -39.47% |
| EPS Growth (3Y CAGR) | 13.43% | -- |
Financial Strength
Current Ratio (MRQ)
Dynatrace (DT) at 2.09 keeps current ratio within its industry’s typical mid-range, while Shopify (SHOP) at 4.86 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.
DT
Software & Services industry group
2.09
- Max
- 5.11
- Q3
- 2.77
- DT
- 2.09
- Median
- 1.67
- Q1
- 1.01
- Min
- 0.03
SHOP
Software & Services industry group
4.86
- Max
- 5.11
- SHOP
- 4.86
- Q3
- 2.77
- Median
- 1.67
- Q1
- 1.01
- Min
- 0.03
Debt / Equity (MRQ)
Shopify (SHOP) at 0.01 keeps leverage in the lower industry quartile, while Dynatrace (DT) at 0.69 runs a more typical debt-to-equity mix.
DT
Software & Services industry group
0.69
- Max
- 2.52
- Q3
- 1.13
- DT
- 0.69
- Median
- 0.40
- Q1
- 0.07
- Min
- 0.00
SHOP
Software & Services industry group
0.01
- Max
- 2.52
- Q3
- 1.13
- Median
- 0.40
- Q1
- 0.07
- SHOP
- 0.01
- Min
- 0.00
Financial Strength Metrics
| Metric | DT | SHOP |
|---|---|---|
| Current Ratio (MRQ) | 2.09 | 4.86 |
| Debt / Equity (MRQ) | 0.69 | 0.01 |
| Net Debt / EBITDA | -1.80 | -1.75 |
Dividends
Dividend Yield (TTM)
Neither Dynatrace (DT) nor Shopify (SHOP) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
DT
Software & Services industry group
0.00%
- DT
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
SHOP
Software & Services industry group
0.00%
- SHOP
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Neither Dynatrace (DT) nor Shopify (SHOP) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
DT
Software & Services industry group
0.00%
- DT
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
SHOP
Software & Services industry group
0.00%
- SHOP
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | DT | SHOP |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.00% |
| Dividend Payout Ratio (TTM) | 0.00% | 0.00% |
Valuation
P/E Ratio (TTM)
Both Dynatrace (DT) at 80.44 and Shopify (SHOP) at 91.36 sit in the richer earnings-multiple quartile for P/E ratio, so investors are paying more for TTM earnings than they pay for typical peers.
DT
Software & Services industry group
80.44
- Max
- 112.94
- DT
- 80.44
- Q3
- 60.32
- Median
- 32.91
- Q1
- 18.77
- Min
- 6.69
SHOP
Software & Services industry group
91.36
- Max
- 112.94
- SHOP
- 91.36
- Q3
- 60.32
- Median
- 32.91
- Q1
- 18.77
- Min
- 6.69
P/S Ratio (TTM)
Dynatrace (DT) at 5.71 is priced about in line with its industry on P/S ratio, while Shopify (SHOP) at 13.52 sits in the pricier quartile — SHOP costs more per dollar of sales.
DT
Software & Services industry group
5.71
- Max
- 17.91
- Q3
- 8.78
- DT
- 5.71
- Median
- 4.25
- Q1
- 2.23
- Min
- 0.02
SHOP
Software & Services industry group
13.52
- Max
- 17.91
- SHOP
- 13.52
- Q3
- 8.78
- Median
- 4.25
- Q1
- 2.23
- Min
- 0.02
P/B Ratio (MRQ)
Dynatrace (DT) at 5.47 is valued about in line with its industry on P/B ratio, while Shopify (SHOP) at 15.02 carries an above-peer premium to book — SHOP is pricier on assets.
DT
Software & Services industry group
5.47
- Max
- 16.63
- Q3
- 8.50
- DT
- 5.47
- Median
- 4.30
- Q1
- 1.92
- Min
- -3.90
SHOP
Software & Services industry group
15.02
- Max
- 16.63
- SHOP
- 15.02
- Q3
- 8.50
- Median
- 4.30
- Q1
- 1.92
- Min
- -3.90
Valuation Metrics
| Metric | DT | SHOP |
|---|---|---|
| P/E Ratio (TTM) | 80.44 | 91.36 |
| P/S Ratio (TTM) | 5.71 | 13.52 |
| P/B Ratio (MRQ) | 5.47 | 15.02 |
| Free Cash Flow Yield (TTM) | 4.09% | 0.86% |