PCOR vs. SHOP: Procore vs. Shopify Stock Comparison
How do Procore (PCOR) 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
Procore (PCOR) and Shopify (SHOP) both fall under the Software & Services industry group, but PCOR is classified in Software while SHOP is classified in IT Services.
| Profile Item | PCOR | SHOP |
|---|---|---|
| Name | Procore Technologies 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 | 11.27 billion USD | 191.58 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | May 20, 2021 | May 20, 2015 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | PCOR | SHOP |
|---|---|---|
| Total Return (1Y) | -3.45% | -0.87% |
| Total Return (3Y, Annualized) | 15.41% | 35.77% |
| Total Return (5Y, Annualized) | -3.95% | -0.57% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
Shopify (SHOP) has a highly aggressive beta of 2.65, indicating much higher sensitivity to broad-market moves, while Procore (PCOR) is defensive at 0.66 and tends to be less market-sensitive — a wide gap in beta profiles.
| Metric | PCOR | SHOP |
|---|---|---|
| Volatility (1Y, Annualized) | 54.42% | 59.71% |
| Beta (5Y) | 0.66 | 2.65 |
| Max Drawdown (5Y) | -59.26% | -84.82% |
| Avg. Volume (3M) | 3.10M | 8.79M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | PCOR | SHOP |
|---|---|---|
| Sharpe Ratio (1Y) | -0.14 | -0.09 |
| Sortino Ratio (1Y) | -0.22 | -0.12 |
Profitability
ROE (TTM)
Procore (PCOR) reports a negative ROE of -2.98%; negative ROE can reflect losses or negative shareholders’ equity, so it is harder to read as capital efficiency. Meanwhile Shopify (SHOP) reports 16.83%, ranking against industry peers normally.
PCOR
Software & Services industry group
-2.98%
- Max
- 53.85%
- Q3
- 17.90%
- Median
- 6.59%
- PCOR
- -2.98%
- 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)
Procore (PCOR) reports a negative net margin of -2.31%, usually indicating a net loss over the period. Meanwhile Shopify (SHOP) reports 15.01%, ranking against industry peers normally.
PCOR
Software & Services industry group
-2.31%
- Max
- 41.17%
- Q3
- 15.28%
- Median
- 4.63%
- PCOR
- -2.31%
- 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 Procore (PCOR) at 4.82%, which runs around its industry’s norm.
PCOR
Software & Services industry group
4.82%
- Max
- 46.89%
- Q3
- 17.64%
- Median
- 8.73%
- PCOR
- 4.82%
- 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 | PCOR | SHOP |
|---|---|---|
| ROE (TTM) | -2.98% | 16.83% |
| ROA (TTM) | -0.44% | 10.77% |
| Net Margin (TTM) | -2.31% | 15.01% |
| Operating Margin (TTM) | 4.82% | 18.39% |
| Gross Margin (TTM) | 80.28% | 47.49% |
Growth
Revenue Growth
Shopify (SHOP) at 30.14% sits in the top revenue growth quartile, while Procore (PCOR) at 14.83% is closer to the peer norm — faster top-line expansion for SHOP.
EPS Growth
Only one side can be read here: Shopify (SHOP) reports EPS growth of -39.47%, ranked against its industry; Procore (PCOR) has no EPS growth figure this period.
Growth Metrics
| Metric | PCOR | SHOP |
|---|---|---|
| Revenue Growth (YoY) | 14.83% | 30.14% |
| Revenue Growth (3Y CAGR) | 22.46% | 27.31% |
| EPS Growth (YoY) | -- | -39.47% |
| EPS Growth (3Y CAGR) | -- | -- |
Financial Strength
Current Ratio (MRQ)
Procore (PCOR) at 1.06 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.
PCOR
Software & Services industry group
1.06
- Max
- 5.11
- Q3
- 2.77
- Median
- 1.67
- PCOR
- 1.06
- 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 Procore (PCOR) at 0.92 runs a more typical debt-to-equity mix.
PCOR
Software & Services industry group
0.92
- Max
- 2.52
- Q3
- 1.13
- PCOR
- 0.92
- 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 | PCOR | SHOP |
|---|---|---|
| Current Ratio (MRQ) | 1.06 | 4.86 |
| Debt / Equity (MRQ) | 0.92 | 0.01 |
| Net Debt / EBITDA | 3.75 | -1.75 |
Dividends
Dividend Yield (TTM)
Neither Procore (PCOR) nor Shopify (SHOP) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
PCOR
Software & Services industry group
0.00%
- PCOR
- 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 Procore (PCOR) nor Shopify (SHOP) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
PCOR
Software & Services industry group
0.00%
- PCOR
- 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 | PCOR | SHOP |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.00% |
| Dividend Payout Ratio (TTM) | 0.00% | 0.00% |
Valuation
P/E Ratio (TTM)
An earnings multiple is available for just one side: Shopify (SHOP) trades at 91.36 times trailing earnings, ranked against its peers, while Procore (PCOR) has no P/E ratio this period.
PCOR
Software & Services industry group
--
- Max
- 112.94
- Q3
- 60.32
- Median
- 32.91
- Q1
- 18.77
- Min
- 6.69
- PCOR
- --
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)
Procore (PCOR) at 7.58 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.
PCOR
Software & Services industry group
7.58
- Max
- 17.91
- Q3
- 8.78
- PCOR
- 7.58
- 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)
Both Procore (PCOR) at 10.38 and Shopify (SHOP) at 15.02 carry a premium to book value versus peers, sitting in the upper P/B ratio quartile of their industries.
PCOR
Software & Services industry group
10.38
- Max
- 16.63
- PCOR
- 10.38
- Q3
- 8.50
- 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 | PCOR | SHOP |
|---|---|---|
| P/E Ratio (TTM) | -- | 91.36 |
| P/S Ratio (TTM) | 7.58 | 13.52 |
| P/B Ratio (MRQ) | 10.38 | 15.02 |
| Free Cash Flow Yield (TTM) | 3.24% | 0.86% |