Adobe Inc. (ADBE) vs ServiceNow, Inc. (NOW)
ADBE leads on 12 of 16 compared metrics.
A side-by-side comparison of Adobe Inc. and ServiceNow, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 14, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
Total return — ADBE vs NOW
growth of $100 · last 14yADBE +554.5%NOW +1976.2%NOW compounded faster
ADBE NOW
ADBE vs NOW: by the numbers
- •NOW is the larger company ($105.35B vs $82.46B market cap).
- •ADBE trades at the lower earnings multiple (11.67 vs 60.80 P/E).
- •ADBE converts more revenue to profit (28.69% vs 12.59% net margin).
- •NOW grew revenue faster over the past five years (23.64% vs 12.38% CAGR).
Which is better, ADBE or NOW?
Metric tally: ADBE 12 · NOW 4It depends on what you're optimizing for:
ValueADBE(lower P/E)
GrowthNOW(faster 5Y revenue CAGR)
QualityADBE(higher ROIC)
Valuation
| Metric | ADBE | NOW |
|---|---|---|
| P/E ratio | 11.67● | 60.80 |
| Forward P/E | 7.46● | 20.19 |
| P/S ratio | 3.25● | 7.61 |
| P/B ratio | 7.12● | 9.06 |
| PEG ratio | 0.55● | 4.05 |
| EV / EBITDA | 8.64● | 32.83 |
| FCF yield | 12.53%● | 4.36% |
Profitability
| Metric | ADBE | NOW |
|---|---|---|
| Gross margin | 89.12%● | 76.56% |
| Operating margin | 36.07%● | 13.44% |
| Net margin | 28.69%● | 12.59% |
| ROE | 62.76%● | 14.98% |
| ROIC | 36.69%● | 8.98% |
Growth (annualized)
| Metric | ADBE | NOW |
|---|---|---|
| Revenue CAGR (5Y) | 12.38% | 23.64%● |
| EPS CAGR (5Y) | 8.86% | 69.74%● |
| FCF CAGR (5Y) | 11.60% | 24.23%● |
| Total return CAGR (5Y) | -17.72% | 0.51%● |
Frequently asked
- Which is better, ADBE or NOW?
- It depends on your goal. value: ADBE (lower P/E); growth: NOW (faster 5Y revenue CAGR); quality: ADBE (higher ROIC). Across all compared metrics, ADBE leads 12 to 4.
- Is ADBE or NOW cheaper?
- On trailing earnings, ADBE is cheaper: ADBE trades at a 11.67 P/E and NOW at 60.80.
- Which has grown faster, ADBE or NOW?
- Over the past five years, NOW grew revenue faster — ADBE at a 12.38% CAGR versus NOW at 23.64%.
- Is ADBE or NOW more profitable?
- ADBE runs the higher net margin — ADBE at 28.69% versus NOW at 12.59%.
- Which has been the better investment, ADBE or NOW?
- Over the past 10-year, NOW delivered the higher annualized total return — ADBE at 7.71% versus NOW at 21.29%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Adobe P/E ratioServiceNow P/E ratioAdobe dividend yieldServiceNow dividend yieldAdobe ROEServiceNow ROEAdobe operating marginServiceNow operating marginAdobe revenue growthServiceNow revenue growthAdobe free cash flowServiceNow free cash flow
Adobe & ServiceNow appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 14, 2026.