CVLT vs TENB

For growth investors, Commvault Systems, Inc.

(CVLT) is the stronger pick with 18. 9% revenue growth year-over-year, versus 11. 0% for Tenable Holdings, Inc. (TENB). Commvault Systems, Inc. (CVLT) offers the better valuation at 65. 4x trailing P/E (24. 7x forward), making it the more compelling value choice. Analysts rate Commvault Systems, Inc. (CVLT) a "Buy" — based on 33 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

On forward P/E, Tenable Holdings, Inc.

is actually cheaper at 11. 1x — notably different from the trailing picture, reflecting expected earnings growth.

Over the past 5 years, Commvault Systems, Inc.

(CVLT) delivered a total return of +51. 7%, compared to -41. 9% for Tenable Holdings, Inc. (TENB). Over 10 years, the gap is even starker: CVLT returned +139. 7% versus TENB's -28. 8%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

By beta (market sensitivity over 5 years), Tenable Holdings, Inc.

(TENB) is the lower-risk stock at 1. 12β versus Commvault Systems, Inc. 's 1. 21β — meaning CVLT is approximately 7% more volatile than TENB relative to the S&P 500. On balance sheet safety, Tenable Holdings, Inc. (TENB) carries a lower debt/equity ratio of 143% versus 122% for Commvault Systems, Inc. — giving it more financial flexibility in a downturn.

By revenue growth (latest reported year), Commvault Systems, Inc.

(CVLT) is pulling ahead at 18. 9% versus 11. 0% for Tenable Holdings, Inc. (TENB). On earnings-per-share growth, the picture is similar: Tenable Holdings, Inc. grew EPS 3. 2% year-over-year, compared to -6. 0% for Commvault Systems, Inc.. Over a 3-year CAGR, CVLT leads at 14. 7% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.

Commvault Systems, Inc.

(CVLT) is the more profitable company, earning 6. 0% net margin versus -3. 6% for Tenable Holdings, Inc. — meaning it keeps 6. 0% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: CVLT leads at 8. 9% versus 0. 1% for TENB. At the gross margin level — before operating expenses — CVLT leads at 80. 3%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

On forward earnings alone, Tenable Holdings, Inc.

(TENB) trades at 11. 1x forward P/E versus 24. 7x for Commvault Systems, Inc. — 13. 7x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for CVLT: 37. 0% to $141. 64.

None of the stocks in this comparison currently pay a material dividend.

All are effectively zero-yield and should be held for capital appreciation rather than income.

For long-horizon retirement investors, Commvault Systems, Inc.

(CVLT) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 1. 21), +139. 7% 10Y return). Both have compounded well over 10 years (CVLT: +139. 7%, TENB: -28. 8%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

Both stocks operate in the Technology sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.

In terms of investment character: CVLT is a small-cap high-growth stock; TENB is a small-cap quality compounder stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.