MetaCap

Maplebear (CART) vs Grab (GRAB)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.

Summary

Maplebear (CART) has outperformed Grab (GRAB) over the past year, gaining 16.0% versus a loss of 50.9%. Grab is the larger company by market cap ($12.60 billion vs $10.73 billion), about 1.2 times the size. On valuation, Maplebear trades at a lower forward P/E (9.2x vs 22.6x for Grab).

Maplebear converts more of its revenue into profit, with a net margin of 11.9% versus 8.0%.

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

CART+15.95%GRAB-50.88%
+37%-11%-60%
Oct 7, 20251 yearOct 7, 2026
CART+50.70%GRAB-10.20%
+92%+31%-31%
Sep 18, 20235 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

CART versus GRAB key metrics
MetricCARTGRAB
Share price$45.21$3.08
Market cap$10.73B$12.60B
1-day change-0.57%+0.33%
YTD return+0.51%-38.28%
1-year return+15.95%-50.88%
5-year return—-71.87%
P/E ratio (TTM)24.8428.00
Forward P/E9.2322.56
EPS (TTM)$1.82$0.11
Dividend yield0.00%0.00%
Annual dividend$0.00$0.00
Revenue (latest FY)$3.74B$3.37B
Revenue growth (YoY)+10.78%+20.49%
Net income (latest FY)$447.00M$268.00M
Gross margin73.70%43.20%
Operating margin13.31%1.93%
Net margin11.95%7.95%
52-week high$52.68$6.44
52-week low$32.73$2.74
Distance from 52-week high-14.18%-52.17%
Analyst consensusbuystrong_buy
Avg. price target upside+28.75%+87.01%
Average volume4.04M54.08M
Shares outstanding237.33M3.97B
Employees3,60012,012
SectorConsumer DiscretionaryConsumer Discretionary
IndustryBusiness ServicesBusiness Services

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • CART has outperformed GRAB by 66.8 percentage points over the past year.
  • Grab grew revenue faster in its latest fiscal year (+20.49% vs +10.78%).

About Maplebear

CART stock →

Maplebear Inc., doing business as Instacart, operates as a technology and enablement partner for the grocery industry in the United States and internationally. The company offers Instacart Marketplace which helps retailers serve customers' needs by supporting fulfillment options, shopping occasions, and categories; Instacart Enterprise platform, an end-to-end technology solution for retailers across all aspects of business; and Instacart Ads, enables brands to learn more about general consumer behavior from discovery to purchase, offering insights about how to optimize advertising spend.

Consumer Discretionary · Business Services · 3,600 employees

About Grab

GRAB stock →

Grab Holdings Limited operates the Grab superapp in Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. The company offers delivery services on its platform, such as GrabFood, a food ordering and delivery booking service; Dine-Out for table reservations; GrabMart, a goods ordering and delivery booking service; GrabAds, an online advertising solution; GrabExpress, a package delivery booking service; Grab for Business platform, a unified management portal for corporate clients.

Consumer Discretionary · Business Services · 12,012 employees

CART vs GRAB FAQ

Which is bigger, Maplebear or Grab?

Grab (GRAB) is larger, with a market capitalization of $12.60B compared with $10.73B for Maplebear (CART).

Which stock has performed better over the past year, CART or GRAB?

CART returned +15.95% over the past 12 months, compared with -50.88% for GRAB (price return, excluding dividends). Past performance does not predict future results.

Which has the lower P/E ratio, CART or GRAB?

CART has the lower trailing P/E at 24.8, versus 28.0 for GRAB. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.

Are Maplebear and Grab in the same industry?

Yes. Both are classified in the Business Services industry within the Consumer Discretionary sector.

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