Gitlab Competitors

GTLB Stock

USD 21.51 0.85 4.11%

The company conducts business in the Software sector. Within this analytical framework, Gitlab Inc is evaluated against Nice, LYFT, ServiceTitan, Paylocity Holdng, and Match and other selected peers. Gitlab's dividend payout versus peers highlights whether the yield is sustainable or stretched.

Pair Correlation for Gitlab and Appfolio Overview

Very poor diversification

For the present investment horizon, the measured correlation between Gitlab and Appfolio stands at 0.85, or Very poor diversification. Lower overlap tends to improve diversification, while higher overlap means both positions carry similar risk.

Moving together with Gitlab Stock

0.92	RPD	Rapid7 Inc	Pair Corr
0.68	MSFT	Microsoft Earnings Call This Week	Pair Corr
0.64	OSPN	OneSpan	Pair Corr
0.82	PRGS	Progress Software	Pair Corr

Moving Against Gitlab Stock

0.9	EPD	Enterprise Products Earnings Call This Week	Pair Corr
0.88	AKRBF	Aker BP ASA	Pair Corr
0.84	CFIGY	Challenger ADR	Pair Corr
0.81	SMRVF	Smooth Rock Ventures Earnings Call This Week	Pair Corr
0.8	ACXIF	Acciona SA	Pair Corr

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Statistical evidence for mean reversion in Gitlab's appears through its tendency to revert after extreme valuations. Under mean reversion theory, Gitlab's price extremes are viewed as temporary dislocations that may self-correct. Mean reversion in Gitlab's is often observed around historical valuation multiples. Historical data for Gitlab shows that extreme valuations have tended to normalize over multi-year periods.

Sentiment

Range

Low	Sentiment	High
16.87	20.71	24.55

Details

Intrinsic

Valuation

Low	Intrinsic	High
19.36	51.36	55.20

Details

Naive

Forecast

Low	Next	High
17.70	21.54	25.38

Details

Analyst

Consensus

Low	Target	High
28.02	30.79	34.18

Details

Gitlab is positioned within its peer group by benchmarking margins, returns, and multiples. This peer-relative view identifies where Gitlab leads, trails, or tracks its competitive set. Benchmarking earnings quality and balance sheet strength against peers provides additional valuation context. Gitlab's relative positioning within the peer group reflects its competitive dynamics as currently priced by the market.

Gitlab Competition Correlation Matrix

Correlation analysis between Gitlab Inc and its competitors provides context for understanding whether diversification is real or only superficial inside the same peer group. When interpreted alongside fundamentals, correlation analysis separates broad industry exposure from company-specific behavior before additional capital is allocated across the peer group.

	NICE	LYFT	TTAN	PCTY	MTCH	SOUN	SRAD	LIF	DSGX	APPF
NICE		-0.06	0.52	0.26	-0.44	0.23	0.59	-0.04	0.09	0.35	NICE
LYFT	-0.06		0.6	0.8	0.05	0.79	0.1	0.84	0.54	0.74	LYFT
TTAN	0.52	0.6		0.85	-0.28	0.82	0.51	0.59	0.65	0.87	TTAN
PCTY	0.26	0.8	0.85		-0.33	0.8	0.43	0.73	0.63	0.91	PCTY
MTCH	-0.44	0.05	-0.28	-0.33		-0.05	-0.56	-0.06	0.26	-0.32	MTCH
SOUN	0.23	0.79	0.82	0.8	-0.05		0.26	0.81	0.53	0.9	SOUN
SRAD	0.59	0.1	0.51	0.43	-0.56	0.26		0.15	0.21	0.44	SRAD
LIF	-0.04	0.84	0.59	0.73	-0.06	0.81	0.15		0.32	0.79	LIF
DSGX	0.09	0.54	0.65	0.63	0.26	0.53	0.21	0.32		0.51	DSGX
APPF	0.35	0.74	0.87	0.91	-0.32	0.9	0.44	0.79	0.51		APPF
	NICE	LYFT	TTAN	PCTY	MTCH	SOUN	SRAD	LIF	DSGX	APPF

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High positive correlations

APPF	+ 0.91	PCTY
APPF	+ 0.9	SOUN
APPF	+ 0.87	TTAN
PCTY	+ 0.85	TTAN
LIF	+ 0.84	LYFT
SOUN	+ 0.82	TTAN

High negative correlations

SRAD	- 0.56	MTCH
MTCH	- 0.44	NICE
MTCH	- 0.33	PCTY
APPF	- 0.32	MTCH
MTCH	- 0.28	TTAN
LIF	- 0.06	MTCH

Risk-Adjusted Indicators

Headline performance for Gitlab Stock may not fully reflect how the business compares across its competitive set. Risk-adjusted metrics help compare Gitlab's efficiency and downside exposure against peers on a like-for-like basis. These indicators are quantitative in nature and measure volatility and risk-adjusted expected returns across different positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
NICE	2.21	-0.15	0.00	0.42	0.00	0.00	5.50	-6.01	20.39
LYFT	2.49	-0.34	0.00	-1.87	0.00	0.00	4.77	-4.77	20.89
TTAN	3.04	-0.52	0.00	1.83	0.00	0.00	5.03	-6.06	17.68
PCTY	2.38	-0.44	0.00	-71.45	0.00	0.00	4.62	-6.07	15.59
MTCH	1.85	0.29	0.11	0.24	2.35	-1.99	3.20	-3.38	11.56
SOUN	3.83	-0.34	0.00	-1.64	0.00	0.00	6.77	-6.83	24.15
SRAD	2.74	-0.39	0.00	-2.66	0.00	0.00	5.99	-4.72	31.39
LIF	3.86	-0.08	0.00	-0.03	0.00	0.00	7.06	-8.58	42.50
DSGX	2.12	-0.17	0.00	-5.19	0.00	0.00	4.87	-5.13	10.04
APPF	2.19	-0.35	0.00	-0.55	0.00	0.00	4.32	-5.17	10.46

Peer Comparison: Net Income

Net income is what remains after all costs — operating expenses, interest, taxes, and preferred dividends — are deducted from Gitlab's total revenue. The relationship between net income growth and revenue growth at Gitlab reveals whether margin expansion is driving earnings or whether top-line growth is being consumed by rising costs and financing charges.

Compare Gitlab Inc and related stocks such as Nice Ltd ADR, LYFT Inc, and ServiceTitan Class Net Income Over Time

Select Fundamental

	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026
NICE	300 K	57.3 M	67.9 M	55.3 M	103.1 M	258.8 M	116.9 M	143.3 M	159.3 M	185.9 M	196.3 M	199.2 M	265.9 M	338.3 M	442.6 M	617 M	647.8 M
LYFT	-682.8 M	-682.8 M	-682.8 M	-682.8 M	-682.8 M	-682.8 M	-682.8 M	-688.3 M	-911.3 M	-2.6 B	-1.8 B	-1.1 B	-1.6 B	-340.3 M	22.8 M	2.8 B	3 B
TTAN	-269.5 M	-269.5 M	-269.5 M	-269.5 M	-269.5 M	-269.5 M	-269.5 M	-269.5 M	-269.5 M	-269.5 M	-269.5 M	-269.5 M	-269.5 M	-195.1 M	-239.1 M	-159.9 M	-167.8 M
PCTY	-130 K	1.7 M	617 K	-7.1 M	-14 M	-3.9 M	6.7 M	38.6 M	53.8 M	64.5 M	70.8 M	90.8 M	140.8 M	206.8 M	227.1 M	261.2 M	274.3 M
MTCH	-6.4 M	174.2 M	159.3 M	285.8 M	414.9 M	119.5 M	-41.3 M	304.9 M	627 M	431.1 M	162.3 M	277.7 M	361.9 M	651.5 M	551.3 M	613.4 M	644.1 M
SOUN	-64.5 M	-64.5 M	-64.5 M	-64.5 M	-64.5 M	-64.5 M	-64.5 M	-64.5 M	-64.5 M	-64.5 M	-74.4 M	-79.5 M	-116.7 M	-88.9 M	-350.7 M	-14 M	-14.7 M
SRAD	11.7 M	11.7 M	11.7 M	11.7 M	11.7 M	11.7 M	11.7 M	11.7 M	11.7 M	11.7 M	15.2 M	12.6 M	10.9 M	34.7 M	34.1 M	96.4 M	101.2 M
LIF	-29 M	-29 M	-29 M	-29 M	-29 M	-29 M	-29 M	-29 M	-29 M	-29 M	-16.3 M	-33.6 M	-91.6 M	-28.2 M	-4.6 M	150.8 M	158.4 M
DSGX	-11.7 M	12 M	16 M	9.6 M	15.1 M	20.6 M	23.8 M	26.9 M	31.3 M	37 M	52.1 M	86.3 M	102.2 M	115.9 M	143.3 M	167.4 M	175.7 M
APPF	-7.3 M	-7.3 M	-7.3 M	-7.3 M	-8.6 M	-15.7 M	-8.3 M	9.7 M	20 M	36.3 M	158.4 M	1 M	-68.1 M	2.7 M	204.1 M	140.9 M	148 M

Gitlab Competitive Analysis

A side-by-side look at Gitlab, Nice, LYFT, and ServiceTitan highlights where each stock leads or lags. Gitlab enters the comparison at 3.51 B with 956.8 M in revenue. Profitability is a concern, with a -5.86% net margin and -6.31% return on equity signaling pressure on earnings. Profit margins tilt toward Nice at 20.78% against Gitlab at -5.86%. On equity returns, LYFT earns 140.77% compared to -6.31% at Gitlab. On pure scale, ServiceTitan is the bigger entity with market caps of 5.80 B versus 3.51 B.

Better Than Average

Worse Than Peers

View Performance Chart

	GTLB	NICE	LYFT	TTAN	PCTY	MTCH	SOUN
	4.11 21.51 Gitlab	1.64 100.35 Nice	1.50 14.24 LYFT	2.84 62.66 ServiceTitan	2.11 102.19 Paylocity	3.06 36.75 Match	4.73 8.19 SoundHound
Market Volatility (90 Days Market Risk)	Very Low	Very Low	Very Low	Very Low	Very Low	Very Low	Slightly Elevated
Market Performance (90 Days Performance)	Weak	Weak	Weak	Weak	Weak	Moderate	Weak
Odds of Financial Distress (Probability Of Bankruptcy)	Elevated	Minimal	Moderate	Below Average	Minimal	Minimal	High
Current Valuation (Equity Enterprise Value)	Below Model Estimate	Below Model Estimate	Below Model Estimate	Below Model Estimate	Below Model Estimate	Below Model Estimate	Below Model Estimate
Buy or Sell Analysis (Average Analysts Consensus)	Strong Buy	Strong Buy	Buy	Strong Buy	Strong Buy	Buy	Buy
Trade Advice (90 Days Macroaxis Advice)	Strong Sell	Strong Sell	Cautious Hold	Strong Sell	Strong Sell	Strong Buy	Strong Sell
Current Ratio	4.31 X	2.00 X	0.90 X	N/A	1.03 X	1.28 X	1.11 X
Net Asset	1.72 B	5.11 B	9.03 B	1.75 B	4.39 B	4.46 B	688.17 M
Profit Margin	-0.0586	0.21	0.45	-0.17	0.14	0.18	-0.0829
EBITDA	-104.08 M	910.22 M	102.73 M	-84.86 M	403.66 M	999.21 M	25.53 M
Operating Margin	-0.0101	0.22	-0.11	-0.16	0.17	0.3	-0.74
Current Valuation	2.26 B	5.57 B	4.8 B	5.78 B	5.36 B	11.44 B	3.09 B
Price To Book	3.55 X	1.51 X	1.64 X	4.03 X	4.91 X	10.97 X	7.19 X
Retained Earnings	-1.22 B	3.31 B	-7.41 B	-1.27 B	900.58 M	-5.97 B	-957.07 M
Current Asset	N/A	655.15 M	2.38 B	N/A	1.34 B	204.69 M	N/A
Number Of Employees	2.58 K	9.63 K	3.91 K	3.41 K	6.7 K	2.2 K	954
Shares Outstanding	153.4 M	59.4 M	382.12 M	82.61 M	53.88 M	232.64 M	393.67 M
Cash Flow From Operations	232.86 M	722.23 M	1.17 B	110.13 M	418.23 M	1.08 B	-98.22 M
Annual Yield	N/A	N/A	N/A	N/A	N/A	0.02 %	N/A
Total Debt	686.5 M	163.86 M	1.28 B	51.37 M	217.89 M	3.97 B	4.21 M
Return On Equity	-0.0631	0.16	1.41	-0.11	0.21	0.5	-0.0433
Trailing Beta	0.86	0.24	1.86	N/A	0.57	1.3	2.97
Return On Asset	-0.0272	0.0787	-0.0146	-0.0559	0.0346	0.13	-0.18
Number Of Shares Shorted	17.46 M	2.91 M	76.53 M	5.78 M	2.47 M	9.96 M	140.73 M
Book Value Per Share	5.83 X	64.15 X	8.17 X	16.12 X	20.39 X	-1.09 X	1.10 X
Current Liabilities	N/A	399.06 M	987.85 M	N/A	1.27 B	353.64 M	N/A
Total Asset	1.72 B	5.11 B	9.03 B	1.75 B	4.39 B	4.46 B	688.17 M
Short Ratio	2.46 X	5.10 X	4.03 X	4.43 X	3.76 X	1.37 X	5.44 X
Target Price	30.79	148.86	19.28	106.0	165.1	36.24	14.63
Debt To Equity	N/A	0.27 %	1.17 %	N/A	0.13 %	1.04 %	N/A
Last Dividend Paid	N/A	N/A	N/A	N/A	N/A	0.76	N/A
Shares Owned By Institutions	91.55 %	56.70 %	98.59 %	94.68 %	81.73 %	99.32 %	46.40 %
Market Capitalization	3.51 B	6.01 B	5.36 B	5.8 B	5.44 B	8.2 B	3.33 B
Price To Earnings	N/A	64.39 X	-3.65 X	N/A	180.98 X	96.07 X	N/A
Price To Earnings To Growth	-2.08 X	0.83 X	0.15 X	N/A	1.10 X	0.33 X	N/A
Price To Sales	3.68 X	2.04 X	0.85 X	6.04 X	3.24 X	2.41 X	19.73 X
Net Income	-55.96 M	616.96 M	2.84 B	-41.86 B	227.13 M	613.46 M	-14.01 M
Earnings Per Share	-0.34 X	9.67 X	6.81 X	-1.73 X	4.25 X	2.38 X	-0.28 X
Shares Owned By Insiders	3.43 %	N/A	1.41 %	12.15 %	19.50 %	0.68 %	1.06 %
Revenue	956.82 M	2.97 B	6.32 B	960.97 M	1.6 B	3.49 B	168.92 M
Working Capital	1 B	491.5 M	-1.61 B	421.41 M	406.7 M	420.75 M	257.39 M
Cash And Equivalents	930.19 M	1.43 B	1.81 B	N/A	139.76 M	472.93 M	33.41 M
Cash Per Share	6.25 X	22.48 X	5.12 X	N/A	2.53 X	1.67 X	0.17 X
Gross Profit	834.63 M	1.96 B	2.14 B	677.27 M	1.16 B	2.54 B	71.55 M
Day Typical Price	21.27	99.18	14.14	61.68	101.47	36.19	8.12
Accumulation Distribution	229356.0	18389.76	319988.0	47015.98	27667.28	156459.0	2.1 M
Daily Balance Of Power	1.024096	0.4309	0.4667	0.5323	0.5438	0.6158	0.5968
Period Momentum Indicator	0.85	1.62	0.21	1.73	2.11	1.09	0.37
Rate Of Daily Change	1.04	1.02	1.01	1.03	1.02	1.03	1.05
Day Median Price	21.15	98.59	14.1	61.19	101.11	35.92	8.08
Price Action Indicator	0.79	2.57	0.25	2.34	2.13	1.38	0.29
Relative Strength Index	39.73	41.9	48.38	41.91	N/A	N/A	52.8
Coefficient Of Variation	-662.23	-2,296	-1,047	-780.43	-717.24	799.93	-1,493
Mean Deviation	3.08	2.21	2.49	3.04	2.38	1.85	3.83
Jensen Alpha	-0.63	-0.15	-0.34	-0.52	-0.44	0.2857	-0.34
Total Risk Alpha	-0.63	-0.15	-0.34	-0.51	-0.44	0.287	-0.34
Sortino Ratio	N/A	N/A	N/A	N/A	N/A	0.1124	N/A
Downside Variance	N/A	N/A	N/A	N/A	N/A	6.45	N/A
Standard Deviation	4.14	3.24	3.47	3.94	3.11	2.36	4.99
Kurtosis	0.9452	4.09	7.02	0.8923	0.401	1.82	1.77
Potential Upside	4.97	5.5	4.77	5.03	4.62	3.2	6.77
Treynor Ratio	3.95	0.4238	-1.87	1.83	-71.45	0.2409	-1.64
Maximum Drawdown	21.76	20.39	20.89	17.68	15.59	11.56	24.15
Variance	17.1	10.48	12.06	15.55	9.65	5.55	24.92
Market Risk Adjusted Performance	3.96	0.4338	-1.86	1.84	-71.44	0.2509	-1.63
Risk Adjusted Performance	-0.13	-0.03	-0.08	-0.11	-0.12	0.1232	-0.05
Skewness	0.2472	0.839	-1.55	0.0153	-0.13	-0.69	1.01
Semi Deviation	N/A	N/A	N/A	N/A	N/A	2.35	N/A
Information Ratio	-0.15	-0.05	-0.1	-0.13	-0.14	0.1212	-0.07
Value At Risk	-7.82	-6.01	-4.77	-6.06	-6.07	-3.38	-6.83
Expected Short fall	N/A	N/A	N/A	N/A	N/A	-1.99	N/A
Downside Deviation	N/A	N/A	N/A	N/A	N/A	2.54	N/A
Semi Variance	N/A	N/A	N/A	N/A	N/A	5.5	N/A

Gitlab Competition Peer Performance Charts

How to Analyze Gitlab Against Peers

Gitlab's peer analysis compares Gitlab with related companies to put valuation, quality, and risk metrics in context. This establishes whether recent performance is company-specific or broadly sector-driven. A practical workflow includes:

Set a relevant peer group: Include direct competitors and close alternatives with comparable business exposure.
Benchmark core financials: Compare profitability, growth, capital structure, and cash flow quality.
Check valuation dispersion: Review whether Gitlab trades at a premium or discount versus peers and why.
Evaluate risk profile: Compare volatility, drawdowns, and correlation to avoid false diversification assumptions.
Document the thesis: Record where Gitlab leads or lags and what catalysts could close or widen the gap.

Use this as an educational baseline, then validate conclusions with current filings, market conditions, and portfolio objectives.

Peer Comparison Metrics & Methodology

Gitlab's capital allocation track record stands out when measured by cumulative returns on acquisitions versus peers. Sector headwinds tend to hit all peers, so outperformance by Gitlab during a downturn is a strong quality signal. Comparative analysis works best when peers share business drivers, cycle exposure, and capital structure characteristics. For peer comparison, Gitlab has a market cap of 3.51 B, profit margin of -5.86%.

Gitlab Inc figures are aggregated from periodic company reporting and market reference feeds and normalized across reporting formats. Analyst inputs may be included when coverage is available.

Editorial review and methodology oversight provided by: Gabriel Shpitalnik, Member of Macroaxis Editorial Board

Price To Sales Ratio	Dividend Yield
Ptb Ratio	Days Sales Outstanding
Book Value Per Share	Free Cash Flow Yield
Invested Capital	Operating Cash Flow Per Share
Average Payables	Stock Based Compensation To Revenue
Capex To Depreciation	Pb Ratio
Ev To Sales	Free Cash Flow Per Share
Roic	Inventory Turnover
Net Income Per Share	Days Of Inventory On Hand
Payables Turnover	Sales General And Administrative To Revenue
Average Inventory	Research And Ddevelopement To Revenue
Capex To Revenue	Cash Per Share
Pocfratio	Interest Coverage
Payout Ratio	Capex To Operating Cash Flow
Pfcf Ratio	Days Payables Outstanding
Net Current Asset Value	Income Quality
Roe	Tangible Asset Value
Ev To Operating Cash Flow	Pe Ratio
Return On Tangible Assets	Ev To Free Cash Flow
Earnings Yield	Intangibles To Total Assets
Net Debt To E B I T D A	Current Ratio
Tangible Book Value Per Share	Receivables Turnover
Shareholders Equity Per Share	Debt To Equity
Capex Per Share	Graham Net Net
Average Receivables	Revenue Per Share
Interest Debt Per Share	Debt To Assets
Enterprise Value Over E B I T D A	Short Term Coverage Ratios
Price Earnings Ratio	Operating Cycle
Price Book Value Ratio	Price Earnings To Growth Ratio
Days Of Payables Outstanding	Dividend Payout Ratio
Price To Operating Cash Flows Ratio	Price To Free Cash Flows Ratio
Pretax Profit Margin	Ebt Per Ebit
Operating Profit Margin	Effective Tax Rate
Company Equity Multiplier	Long Term Debt To Capitalization
Total Debt To Capitalization	Return On Capital Employed
Debt Equity Ratio	Ebit Per Revenue
Quick Ratio	Dividend Paid And Capex Coverage Ratio
Net Income Per E B T	Cash Ratio
Cash Conversion Cycle	Operating Cash Flow Sales Ratio
Days Of Inventory Outstanding	Days Of Sales Outstanding
Free Cash Flow Operating Cash Flow Ratio	Cash Flow Coverage Ratios
Price To Book Ratio	Fixed Asset Turnover
Capital Expenditure Coverage Ratio	Price Cash Flow Ratio
Enterprise Value Multiple	Debt Ratio
Cash Flow To Debt Ratio	Price Sales Ratio
Return On Assets	Asset Turnover
Net Profit Margin	Gross Profit Margin
Price Fair Value	Return On Equity