SPSC vs HMN

Comparison between SPS Commerce Inc (SPSC, Company) and Horace Mann Educators Corp (HMN, Company).

SPSC is from the Technology sector, while HMN is from the Financial Services sector.

5-Year PerformanceHMN has outperformed SPSC, delivering a return of +10.8% compared to -10.3%

SPSC vs HMN - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SPSC(COMPANY)	HMN(COMPANY)
Market Cap	$2.15B	$2.15B
Max Drawdown	76.83%	82.89%
Sharpe Ratio	-1.58	1.16
5Y Beta	0.98	0.32
Industry	Software - Application	Insurance - Property & Casualty
P/E Ratio	24.08	12.97
Forward P/E	68.03	9.25
PEG Ratio	2.00	0.11
Dividend Yield	N/A	2.73%
5Y Dividends CAGR	N/A	3.09%
5Y EPS CAGR	13.14%	3.20%
Debt to Equity	0.00%	40.39%
Free Cash Flow Yield	7.75%	22.00%
P/S Ratio	2.81	1.24
P/B Ratio	2.22	1.42

Market Cap

Winner

SPSC

$2.15B

HMN

$2.15B

Max Drawdown

Winner

SPSC

76.83%

HMN

82.89%

Sharpe Ratio

SPSC

-1.58

Winner

HMN

1.16

5Y Beta

SPSC

0.98

Winner

HMN

0.32

Industry

SPSC

Software - Application

HMN

Insurance - Property & Casualty

P/E Ratio

SPSC

24.08

Winner

HMN

12.97

Forward P/E

SPSC

68.03

Winner

HMN

9.25

PEG Ratio

SPSC

2.00

Winner

HMN

0.11

Dividend Yield

SPSC

N/A

HMN

2.73%

5Y Dividends CAGR

SPSC

N/A

HMN

3.09%

5Y EPS CAGR

Winner

SPSC

13.14%

HMN

3.20%

Debt to Equity

Winner

SPSC

0.00%

HMN

40.39%

Free Cash Flow Yield

SPSC

7.75%

Winner

HMN

22.00%

P/S Ratio

SPSC

2.81

Winner

HMN

1.24

P/B Ratio

SPSC

2.22

Winner

HMN

1.42

SPSC vs HMN - Historical Returns

Returns include dividend reinvestment.

Period	SPSC	HMN
1 month	+2.19%	+17.80%
3 months	+5.32%	+25.60%
6 months	-32.81%	+21.15%
1 year	-57.79%	+32.57%
5 years(CAGR)	-10.30%	+10.79%
10 years(CAGR)	+6.75%	+8.18%
Max(CAGR)	+14.28%	+5.47%

SPSC

+2.19%

Winner

HMN

+17.80%

SPSC

+5.32%

Winner

HMN

+25.60%

SPSC

-32.81%

Winner

HMN

+21.15%

SPSC

-57.79%

Winner

HMN

+32.57%

5Y(CAGR)

SPSC

-10.30%

Winner

HMN

+10.79%

10Y(CAGR)

SPSC

+6.75%

Winner

HMN

+8.18%

Max(CAGR)

Winner

SPSC

+14.28%

HMN

+5.47%

SPSC vs HMN - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	SPSC	HMN
2026	-32.81%	+21.15%
2025	-51.24%	+23.21%
2024	-0.17%	+21.27%
2023	+51.43%	-9.33%
2022	-7.22%	-0.07%
2021	+26.88%	-3.68%
2020	+93.57%	-1.77%
2019	+35.47%	+19.35%
2018	+69.05%	-12.10%
2017	-30.07%	+5.64%
2016	+3.08%	+38.27%
2015	+26.25%	+3.22%
2014	-12.07%	+8.87%
2013	+66.07%	+59.51%
2012	+49.08%	+44.76%
2011	+66.67%	-22.91%
2010	+16.18%	+43.23%
2009	N/A	+31.84%
2008	N/A	-49.96%
2007	N/A	-5.58%
2006	N/A	+8.07%
2005	N/A	+3.06%
2004	N/A	+38.25%
2003	N/A	-8.05%
2002	N/A	-23.92%
2001	N/A	+5.51%
2000	N/A	+9.80%
1999	N/A	-30.82%

SPSC vs HMN Drawdown Comparison

The maximum drawdown for SPSC was -76.83%, occurring on May 13, 2026. This drawdown has not yet recovered.

The maximum drawdown for HMN was -78.17%, occurring on Oct 27, 2008. Recovery took 3321 trading sessions.

The current SPSC drawdown is -72.58%.

Rank	SPSC	HMN
#1	-76.83% Jul 31, 2024 - May 13, 2026	-78.17% Nov 5, 1999 - Jan 22, 2013
#2	-49.97% Oct 21, 2013 - Jul 27, 2018	-33.31% Sep 13, 2019 - Nov 6, 2024
#3	-47.62% Feb 18, 2020 - May 20, 2020	-25.79% Jul 16, 2015 - Sep 21, 2016
#4	-43.58% Oct 28, 2021 - Jun 12, 2023	-24.94% Jul 9, 2018 - Sep 10, 2019
#5	-38.17% Apr 23, 2010 - Nov 8, 2010	-20.77% Jan 4, 2017 - Oct 25, 2017
#6	-23.36% Feb 9, 2024 - Jul 31, 2024	-17.40% Nov 29, 2017 - Jul 6, 2018
#7	-23.32% Sep 14, 2018 - Feb 13, 2019	-13.56% Nov 6, 2024 - Feb 11, 2025
#8	-20.84% Jul 18, 2023 - Dec 26, 2023	-13.07% Dec 30, 2013 - Jun 17, 2014
#9	-20.30% Feb 8, 2011 - May 2, 2011	-12.14% Oct 10, 2016 - Nov 11, 2016
#10	-20.28% Jan 7, 2021 - Aug 13, 2021	-11.34% Oct 21, 2013 - Dec 20, 2013
#11	-19.47% Jul 26, 2019 - Nov 25, 2019	-10.73% Sep 12, 2025 - May 20, 2026
#12	-18.56% Oct 4, 2012 - Mar 26, 2013	-10.63% Apr 2, 2025 - May 16, 2025
#13	-18.23% Jul 21, 2011 - Oct 12, 2011	-10.11% Jun 20, 2014 - Nov 12, 2014
#14	-16.77% Nov 10, 2010 - Dec 10, 2010	-9.34% Dec 30, 2014 - Mar 12, 2015
#15	-16.70% Feb 8, 2012 - Apr 27, 2012	-8.54% Jul 26, 2013 - Oct 4, 2013