Carbonite Inc's Competitiveness
A competitive positioning analysis and financial ratio benchmarking of Carbonite Inc (CARB) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.
Key Findings: Carbonite Inc vs Its Competitors
- TTM: Trailing 12-month revenue of 405M vs 4,856M combined for its competitors (7.7% combined share).
- Trending: Latest-quarter revenue run-rate is accelerating (+24.0% annualized vs trailing 12 months), vs decelerating (-42.6%) for its tracked peer group.
- Growth: Carbonite Inc generated 61.7% revenue growth year over year in Q2 2019, vs 3.9% for its competitors combined.
- Profitability: Its -11.1% net margin compares with 10.7% for the peer group.
- Peer revenue share: Carbonite Inc accounted for 15.3% of combined revenue among its tracked peer group, up from 10.4% a year earlier.
Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).
CARB Sales vs. its Competitors, Q2 2019
Carbonite Inc reported revenue growth of 61.68 % year on year in Q2 2019, above its competitors' combined revenue growth of 3.85 %.
With a net margin of -11.11 %, Carbonite Inc reported lower profitability than its competitors (10.68 %).
Carbonite Inc generated 15.27 % of the combined sales of its peer group, up from 10.38 % a year earlier.
API endpoints for this dataset
Carbonite Inc vs. its Competitors, Q2 2019
Revenue growth, year on year
Net margin
Revenue run-rate vs trailing 12 months
TTM net margin
TTM = trailing twelve months. Run-rate annualizes the latest quarter (×4) and compares it to TTM. In millions of $. High-Confidence Competitors are named as a competitor directly in Carbonite Inc reports; Similar-Size Competitors are the closest peers by market-cap rank within the same industry; Similar Growth & Profitability Competitors are the closest peers by combined revenue growth, operating margin and ROIC, all independent of the competitor list.
TTM revenue, latest-quarter run-rate and net income/margin benchmarked across Carbonite Inc and its 4 competitor groupings. Available under Commercial License.
| Entity | TTM Revenue | Rev Run-rate vs TTM |
|---|---|---|
| Carbonite Inc | $12,345M | +12.3% · Accelerating |
| Competitors combined | $12,345M | +12.3% · Accelerating |
| High-Confidence Competitors (15) | $12,345M | +12.3% · Accelerating |
| Similar Growth & Profitability (2) | $12,345M | +12.3% · Accelerating |
TTM revenue, run-rate and net margin benchmarking across Carbonite Inc's competitor groups requires a Commercial License.
For context: the Cloud Computing & Data Analytics industry grew revenue 8.1% year over year, combined, vs 61.7% for Carbonite Inc. Carbonite Inc's share of combined industry revenue moved from 0.06% to 0.09%, a gain of 0.03 percentage points.
Carbonite Inc's Competitor Quality Breadth
Group definitions: see Methodology: Performance Group Definitions.
| Entity | Profitable | Expanding | Above Industry Growth | Distressed |
|---|---|---|---|---|
| Carbonite Inc | No | Yes | Yes | Yes |
| Competitors combined (1) | ||||
| High-Confidence Competitors (18) | ||||
| Similar Growth & Profitability (8) | 75.00 % (6 of 8) | 100.00 % (8 of 8) | 100.00 % (8 of 8) | 25.00 % (2 of 8) |
Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.
CARB Stock Performance relative to its Competitors
CARB Stock Performance relative to High-Confidence Competitors
CARB Stock Performance relative to Similar Growth & Profitability Competitors
5 Best-Performing Tracked Competitors, Trailing 12 Months
| # | Competitor | TTM Share Price Return | vs U.S.A. 500 |
|---|---|---|---|
| 1 | Open Text Corp | 282.9% | Outperformed |
TTM share price return and U.S.A. 500 outperformance for Carbonite Inc's best-performing competitors requires a Commercial License.
Source: CSIMarket API, trailing 12 months.
Publicly Traded Peers of Carbonite Inc
Revenue and income for trailing 12 months, in millions of $, except employees| Company | Market Cap | Revenues |
|---|---|---|
 Carbonite Inc |
796.02 | 405.29 |
 Open Text Corp |
6,196.92 | 4,856.01 |
| SUBTOTAL | 6,992.94 | 5,261.30 |
Sources: see Methodology: Peer & Competitor Identification, Sourcing.
Updated on:
Focus of this report: publicly traded companies. Ten additional tables on Carbonite Inc versus competitors, including market share analysis, are in the navigation menu under Competition. To download the tables, please subscribe.
Carbonite Inc's Competitors Named by the Company
Competitive relationships identified from Carbonite Inc reports and corroborating sources, each with a basis and confidence.| Competitor | Basis | Confidence |
|---|---|---|
| Cs Disco Inc | Company report | 85% |
| Microsoft Corporation | Company report | 85% |
| Box Inc | Company report | 85% |
| Elastic N v | Company report | 85% |
| Proofpoint inc | Company report | 85% |
| Veeva Systems Inc | Company report | 85% |
| Cellebrite Di Ltd | Company report | 85% |
| Solarwinds Corporation | Company report | 85% |
| Oculus Inc | Company report | 85% |
| Axon Enterprise Inc | Company report | 85% |
| Sps Commerce Inc | Company report | 85% |
| Hopto Inc | Company report | 85% |
| Kldiscovery Inc | Company report | 85% |
| Qualys Inc | Company report | 85% |
| Agari | Company report | 85% |
| PAX8 | Company report | 85% |
| Veeam | Company report | 85% |
| Splunk Inc | Company report | 85% |
| Barracuda Networks | Company report | 85% |
| Sherweb | Company report | 85% |
| Mimecast | Company report | 85% |
| Virtru | Company report | 85% |
| Datto | Company report | 85% |
| Smarsh | Company report | 85% |
| Adobe Inc | Company report | 85% |
| Gen Digital Inc | Company report | 85% |
| Servicenow Inc | Company report | 85% |
| International Business Machines Corporation | Company report | 85% |
| Oracle Corporation | Company report | 85% |
| Grom Social Enterprises Inc | Company report | 85% |
Company report basis, confidence, active dates and source counts for Carbonite Inc's named competitors require a Commercial License.
Methodology: see Methodology: Peer & Competitor Identification, Sourcing.
Carbonite Inc's Productivity vs Peers Comparison
Revenue and income per employee, trailing 12 months, in $; market cap in millions of $| Company | Market Cap | Revenue / Employee | Income / Employee |
|---|---|---|---|
| Carbonite Inc | 796 | - | - |
| Open Text Corp | 6,197 | 244,021 | 32,325 |
| PEERS TOTAL | 6,197 | 244,021 | 32,325 |
Carbonite Inc's Geographic Revenue Exposure vs Peers
Revenue by country/region as reported in each company's most recent report. Disclosure granularity varies by filer (some report by country, others by broad region) and is shown as disclosed.| Company | Largest Market |
|---|---|
| Carbonite Inc | US 84.54 % |
| Open Text Corp | Americas 60.67 % |
Source: revenue geography as reported in each company's reports (10-K/10-Q), via the CSIMarket API. Percentages are of that company's own total consolidated revenue for its most recent reported period.
Carbonite Inc's Profitability & Cost Structure
Trailing 12-month margins from SEC-filed financials. Operating margin is compared to the Cloud Computing & Data Analytics industry median; gross margin, EBITDA margin and capital intensity are compared to the live industry average (257 companies). See the full Cloud Computing & Data Analytics industry profitability benchmarks.| Metric | Company | Industry | Difference |
|---|---|---|---|
| Gross Margin | 71.28 % | 38.75 % (avg) | +32.5 pp |
| Operating Margin | -2.86 % | industry median | +0.5 pp |
| EBITDA Margin | 11.92 % | 1.63 % (avg) | +10.3 pp |
| Capital Intensity (Capex / Revenue) | 3.14 % | 5.89 % (avg) | -2.7 pp |
Source: CSIMarket API, trailing 12 months. SG&A and R&D as a share of revenue have limited coverage as this data is backfilled and appear only where reported. Higher capital intensity is not inherently negative; it reflects the industry's asset requirements.
Carbonite Inc's Valuation vs Competitive Position
Valuation multiples vs the Cloud Computing & Data Analytics industry average (257 companies, excluding loss-making/negative-equity outliers), alongside returns on capital for context on whether a premium or discount lines up with measurably stronger or weaker returns. See the full Cloud Computing & Data Analytics industry valuation benchmarks.| Metric | Company | Industry Average | Difference |
|---|---|---|---|
| P/E | - | 27.8x | - |
| EV / EBITDA | 20.2x | 14.0x | +6.2x |
| P/B | 2.4x | 3.9x | -1.5x |
| Return on Equity | -8.78 % | industry aggregate | -18.47 % |
| Return on Invested Capital | -1.02 % | -0.37 % (avg) | -0.65 % |
Source: CSIMarket API, trailing 12 months. A valuation premium or discount is not, by itself, a judgment of over- or under-valuation. Compare it against the return and growth context shown elsewhere on this page.
Carbonite Inc's Multi-Year Financial Trajectory
Fiscal-year revenue growth, operating margin, return on invested capital and P/E, as reported in company reports.| Metric | 2014 | 2015 | 2016 | 2017 | 2018 |
|---|---|---|---|---|---|
| Revenue Growth | 12.19 % | 11.41 % | 51.51 % | 15.69 % | 23.78 % |
| Operating Margin | -7.00 % | -15.85 % | -1.35 % | -5.04 % | 1.24 % |
| Return on Invested Capital | -20.18 % | -57.03 % | -10.35 % | -6.65 % | 0.71 % |
| P/E | - | - | - | - | 124.0x |
Source: CSIMarket API, fiscal-year figures. P/E is this company's own historical ratio at each fiscal year end and can swing sharply around an earnings trough: that is real, not a data error.
Carbonite Inc's Strategic Group Map
Carbonite Inc is shown in red; its closest peers by combined growth, margin and ROIC are labeled. See Methodology: Strategic Group Map for how this chart is built.
Carbonite Inc's trailing-12-month revenue growth of 44.2% and operating margin of -2.9% compares with an average of 36.7% growth and 3.7% margin across its 8 closest peers by combined growth, margin and ROIC -- Carbonite Inc sits above that peer average on growth and below it on margin.
Source: CSIMarket API, trailing 12 months. Extreme outlier values (from near-zero-revenue companies) are excluded from the plotted cloud but never from the highlighted company or its labeled peers.
Carbonite Inc's Competitive Forces (Porter's Five Forces)
Only the forces this data can support honestly are shown; the other three are marked as such rather than guessed.| Force | Assessment | Basis |
|---|---|---|
| Barriers to Entry | Lower than typical for the industry | Capital intensity (capex / revenue) of 3.14 % vs industry average 5.89 % (see Profitability & Cost Structure above) |
Note: see Methodology: Porter's Five Forces. Supplier power and buyer power are covered on Carbonite Inc's dedicated Suppliers and Customers pages, not here.
Carbonite Inc's Industry Attractiveness & Competitive Strength
See Methodology: GE/McKinsey Matrix for how the two axes are built.
Carbonite Inc falls in the Low attractiveness / High strength cell: Selective.
Source: CSIMarket API, trailing 12 months. Each axis score is a simple 1(low)/2(medium)/3(high) average across its three inputs -- a transparent, disclosed simplification, not a validated academic scoring model.
Carbonite Inc's SWOT
Every point below is a fixed rule applied to a metric already shown elsewhere on this page (Market Structure, Profitability, Valuation, Run-Rate, Stock Performance, Quality Breadth) not an independent strategic assessment. A blank quadrant means no rule was met, not that none apply.Strengths
- Latest-quarter revenue run-rate is accelerating (+24.0% annualized vs trailing 12 months).
Weaknesses
- Return on equity 18.5 points below the industry aggregate.
- Piotroski F-Score of 2 or below, the standard financial-distress signal.
Opportunities
No rule matched.
Threats
- Tracked peer group's revenue run-rate is broadly decelerating (-42.6% annualized).
Methodology: see Methodology: SWOT Analysis.
Carbonite Inc's Financial Strength vs Peers Comparison
Quick ratio, working capital, debt to equity and asset turnover, trailing 12 months| Company | Quick Ratio | Working Capital | Debt / Equity |
|---|---|---|---|
| Carbonite Inc | 0.62 | 0.88 | 2.02 |
| Open Text Corp | 0.43 | 0.85 | 1.56 |
Quick ratio = cash / current liabilities; working capital ratio = current assets / current liabilities; asset turnover = revenue / total assets. Peers in the Blank Checks industry are excluded.
Carbonite Inc's Revenue and Income Growth vs Peers
Quarterly revenue and net income growth, year over year and quarter over quarter| Company | Period | Revenue Y/Y | Income Y/Y |
|---|---|---|---|
| Carbonite Inc | Q3 2019 | +61.7 % | - |
| Open Text Corp | Q2 2026 | +15.1 % | +439.1 % |
| PEERS TOTAL | +18.0 % | +381.1 % |
Growth is shown only where both periods are positive. Peers in the Blank Checks industry are excluded.
Carbonite Inc's Peers' Costs of Sales and Capital Expenditures
Context for revenue growth: peer costs and capex, year over year and quarter over quarter| Company | Period | Costs Y/Y | Capex Y/Y |
|---|---|---|---|
| Carbonite Inc | Q3 2019 | +83.1 % | -47.4 % |
| Open Text Corp | Q2 2026 | +50.7 % | +86.5 % |
Carbonite Inc's Returns and Turnover vs Peers
ROA, ROI and ROE (trailing 12 months), receivables and inventory turnover| Company | ROA | ROI | ROE |
|---|---|---|---|
| Carbonite Inc | - | - | - |
| Open Text Corp | 4.79% | 6.13% | 16.22% |
ROA = net income / total assets; ROI = net income / investments; ROE = net income / equity; turnover ratios use trailing 12 month revenue (receivables) and cost of sales (inventory).
Carbonite Inc's Valuation vs Peers
P/E, price to sales, PEG, price to cash flow and price to book| Company | P/E | Price / Sales |
|---|---|---|
| Carbonite Inc | - | 1.96 |
| Open Text Corp | 9.71 | 1.28 |
| PEERS AVERAGE | 11.27 | 1.33 |
P/E = price / diluted EPS (trailing 12 months); PEG = P/E divided by EPS growth; the average row divides the peers' combined market cap by their combined income, sales, cash flow and equity.